Amazon.com, Inc. $AMZN Shares Sold by Gilbert & Cook Inc.

Key Points

• Gilbert & Cook Inc. reduced its holdings in Amazon.com, Inc. by 5.6% in Q1, owning 27,574 shares valued at approximately $5.25 million, making Amazon its 14th largest holding.
• Several institutional investors increased their stakes in Amazon, with 72.20% of the stock now held by these investors and hedge funds, signaling strong institutional support.
• Amazon recently reported an EPS of $1.68 for the last quarter, exceeding estimates by $0.37, and achieved revenue of $167.70 billion, reflecting a 13.3% year-over-year growth.

Gilbert & Cook Inc. lowered its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.6% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 27,574 shares of the e-commerce giant's stock after selling 1,643 shares during the quarter. Amazon.com accounts for 0.8% of Gilbert & Cook Inc.'s investment portfolio, making the stock its 14th largest holding. Gilbert & Cook Inc.'s holdings in Amazon.com were worth $5,246,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. Tufton Capital Management raised its position in Amazon.com by 0.8% during the 1st quarter. Tufton Capital Management now owns 66,327 shares of the e-commerce giant's stock worth $12,619,000 after buying an additional 539 shares during the last quarter. Montgomery Investment Management Inc. raised its position in Amazon.com by 23.8% during the 1st quarter. Montgomery Investment Management Inc. now owns 2,600 shares of the e-commerce giant's stock worth $495,000 after buying an additional 500 shares during the last quarter. Brookwood Investment Group LLC purchased a new position in Amazon.com during the 1st quarter worth $15,617,000. ANTIPODES PARTNERS Ltd raised its position in Amazon.com by 24.8% during the 1st quarter. ANTIPODES PARTNERS Ltd now owns 802,573 shares of the e-commerce giant's stock worth $152,710,000 after buying an additional 159,655 shares during the last quarter. Finally, Kelman Lazarov Inc. raised its position in Amazon.com by 19.4% during the 1st quarter. Kelman Lazarov Inc. now owns 3,159 shares of the e-commerce giant's stock worth $601,000 after buying an additional 514 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In related news, SVP David Zapolsky sold 13,570 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the sale, the senior vice president directly owned 44,110 shares of the company's stock, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 6,835 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.62, for a total transaction of $1,514,772.70. Following the completion of the sale, the chief executive officer directly owned 520,507 shares in the company, valued at approximately $115,354,761.34. The trade was a 1.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,097,911 shares of company stock worth $5,675,986,299 in the last 90 days. Insiders own 9.70% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on AMZN shares. Canaccord Genuity Group reiterated a "buy" rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Deutsche Bank Aktiengesellschaft increased their price target on shares of Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. Stifel Nicolaus increased their price target on shares of Amazon.com from $245.00 to $262.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. Oppenheimer cut their price target on shares of Amazon.com from $250.00 to $245.00 and set an "outperform" rating for the company in a report on Friday, August 1st. Finally, Citigroup reiterated an "overweight" rating on shares of Amazon.com in a report on Wednesday, August 13th. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $262.87.

Amazon.com Price Performance

NASDAQ AMZN traded up $0.41 during trading hours on Wednesday, reaching $229.12. The company's stock had a trading volume of 21,212,142 shares, compared to its average volume of 46,697,256. The stock has a market cap of $2.44 trillion, a PE ratio of 34.93, a PEG ratio of 1.53 and a beta of 1.31. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The company's 50-day moving average is $223.48 and its two-hundred day moving average is $208.13. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm's revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.