GKV Capital Management Co. Inc. Sells 43,459 Shares of Amazon.com, Inc. $AMZN

Key Points

• GKV Capital Management Co. Inc. reduced its stake in Amazon.com, Inc. by 94% during the first quarter, now holding just 2,798 shares worth approximately $532,000.
• Several institutional investors, including Vanguard Group Inc. and Price T Rowe Associates Inc. MD, increased their investments in Amazon.com, with Vanguard now owning over 832 million shares valued at approximately $158 billion.
• Amazon.com reported a quarterly earnings per share (EPS) of $1.68, exceeding expectations, with revenues reaching $167.70 billion, which is a 13.3% increase year-over-year.

GKV Capital Management Co. Inc. reduced its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 94.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,798 shares of the e-commerce giant's stock after selling 43,459 shares during the period. GKV Capital Management Co. Inc.'s holdings in Amazon.com were worth $532,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Western Wealth Management LLC lifted its holdings in shares of Amazon.com by 0.9% in the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock worth $26,660,000 after purchasing an additional 1,297 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Amazon.com in the 1st quarter worth $514,000. Bearing Point Capital LLC bought a new position in shares of Amazon.com in the 4th quarter worth $12,014,000. Evergreen Capital Management LLC lifted its holdings in shares of Amazon.com by 0.5% in the 4th quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock worth $53,213,000 after purchasing an additional 1,198 shares in the last quarter. Finally, Keyvantage Wealth LLC bought a new position in shares of Amazon.com in the 4th quarter worth $2,735,000. 72.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm's stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the completion of the transaction, the insider owned 897,722,088 shares in the company, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. 9.70% of the stock is owned by company insiders.

Amazon.com Stock Performance

Shares of AMZN stock traded down $7.91 on Wednesday, hitting $230.33. 60,798,520 shares of the stock were exchanged, compared to its average volume of 32,696,864. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.46 trillion, a PE ratio of 35.11, a P/E/G ratio of 1.60 and a beta of 1.30. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The firm's 50 day moving average is $226.43 and its two-hundred day moving average is $208.24.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Sanford C. Bernstein set a $235.00 price target on Amazon.com and gave the company an "outperform" rating in a research report on Tuesday, July 1st. Wedbush increased their price target on Amazon.com from $235.00 to $250.00 and gave the company an "outperform" rating in a research report on Wednesday, July 30th. Wall Street Zen raised Amazon.com from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Evercore ISI reissued an "outperform" rating and issued a $280.00 price target on shares of Amazon.com in a research report on Wednesday, August 13th. Finally, Telsey Advisory Group reissued an "outperform" rating and issued a $265.00 price target on shares of Amazon.com in a research report on Wednesday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Amazon.com presently has an average rating of "Buy" and a consensus price target of $262.87.

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.