Amazon.com, Inc. $AMZN Position Lessened by Lane Generational LLC

Key Points

• Lane Generational LLC has reduced its holdings in Amazon.com, Inc. by 11.9%, now owning 22,964 shares valued at approximately $4.37 million.
• Insiders, including CEO Douglas J. Herrington and founder Jeffrey P. Bezos, have sold notable amounts of Amazon stock recently, with insiders collectively selling over 25 million shares worth nearly $5.66 billion in the last three months.
• Analysts hold a generally positive outlook on Amazon, with a consensus rating of “Buy” and a target price averaging around $262.87.

Lane Generational LLC reduced its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 11.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 22,964 shares of the e-commerce giant's stock after selling 3,104 shares during the period. Amazon.com makes up 4.8% of Lane Generational LLC's investment portfolio, making the stock its 7th largest holding. Lane Generational LLC's holdings in Amazon.com were worth $4,369,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Amazon.com by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock worth $180,637,081,000 after purchasing an additional 17,635,391 shares during the last quarter. FMR LLC grew its position in Amazon.com by 0.5% during the 4th quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock worth $72,061,766,000 after purchasing an additional 1,725,664 shares during the last quarter. Geode Capital Management LLC grew its position in Amazon.com by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 204,930,426 shares of the e-commerce giant's stock worth $44,837,256,000 after purchasing an additional 5,015,380 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Amazon.com by 2.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 182,813,905 shares of the e-commerce giant's stock worth $40,107,544,000 after purchasing an additional 4,087,933 shares during the last quarter. Finally, Norges Bank purchased a new position in Amazon.com during the 4th quarter worth $27,266,582,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 4,784 shares of the company's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $232.32, for a total value of $1,111,418.88. Following the sale, the chief executive officer owned 510,255 shares of the company's stock, valued at $118,542,441.60. This represents a 0.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jeffrey P. Bezos sold 2,643,142 shares of the company's stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $230.43, for a total transaction of $609,059,211.06. Following the completion of the sale, the insider directly owned 883,779,901 shares in the company, valued at $203,649,402,587.43. This trade represents a 0.30% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,012,284 shares of company stock worth $5,656,976,492. 9.70% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Royal Bank Of Canada raised their price objective on shares of Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Morgan Stanley reaffirmed an "overweight" rating and issued a $300.00 target price on shares of Amazon.com in a report on Thursday, August 14th. Stifel Nicolaus lifted their target price 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. Wells Fargo & Company lifted their target price on shares of Amazon.com from $238.00 to $245.00 and gave the company an "equal weight" rating in a report on Tuesday, July 29th. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $285.00 target price on shares of Amazon.com in a report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $262.87.

Amazon.com Price Performance

AMZN stock traded up $6.89 during trading on Friday, reaching $228.84. 37,264,095 shares of the company were exchanged, compared to its average volume of 46,830,960. The company has a market cap of $2.44 trillion, a P/E ratio of 34.88, a PEG ratio of 1.49 and a beta of 1.31. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The stock's 50 day moving average price is $222.30 and its 200 day moving average price is $208.35. 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 released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to the consensus estimate 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 quarter in the previous year, the firm earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Amazon.com Profile

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.