Mawer Investment Management Ltd. Sells 147,226 Shares of Amazon.com, Inc. $AMZN

Key Points

• Mawer Investment Management Ltd. has reduced its stake in Amazon.com, Inc. by 3.6%, now holding 3,930,186 shares worth approximately $747.76 million.
• In the most recent quarter, a number of institutional investors have significantly increased their holdings in Amazon, with GAMMA Investing LLC leading with a remarkable 21,420.5% increase.
• Amazon.com's stock price has experienced a 1.1% decline, opening at $229.00, while analysts have set target prices for the stock ranging from $240.00 to $280.00.

Mawer Investment Management Ltd. lowered its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.6% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 3,930,186 shares of the e-commerce giant's stock after selling 147,226 shares during the period. Amazon.com accounts for approximately 3.6% of Mawer Investment Management Ltd.'s holdings, making the stock its 8th largest position. Mawer Investment Management Ltd.'s holdings in Amazon.com were worth $747,757,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. LSV Asset Management bought a new stake in Amazon.com in the 4th quarter valued at $35,000. Perritt Capital Management Inc increased its holdings in shares of Amazon.com by 72.7% in the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock valued at $42,000 after purchasing an additional 80 shares during the last quarter. Cooksen Wealth LLC bought a new position in shares of Amazon.com in the first quarter valued at about $36,000. Inlight Wealth Management LLC acquired a new stake in Amazon.com during the 1st quarter worth approximately $40,000. Finally, Capitol Family Office Inc. bought a new stake in shares of Amazon.com in the first quarter valued at about $42,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Activity

In related news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer directly owned 2,178,502 shares in the company, valued at $482,712,473.16. This trade represents a 0.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of the business's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the sale, the vice president directly owned 119,780 shares in the company, valued at approximately $26,548,039.20. This represents a 2.22% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,095,411 shares of company stock valued at $5,675,473,849. 9.70% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on AMZN shares. Piper Sandler lifted their price target on shares of Amazon.com from $250.00 to $255.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. HSBC boosted their price target on Amazon.com from $240.00 to $256.00 in a research note on Tuesday, July 22nd. Deutsche Bank Aktiengesellschaft raised their target price on shares of Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. Moffett Nathanson upped their price target on shares of Amazon.com from $250.00 to $253.00 and gave the stock a "buy" rating in a report on Tuesday, June 24th. Finally, Scotiabank increased their price target on shares of Amazon.com from $250.00 to $275.00 and gave the stock a "sector outperform" rating in a research report on Tuesday, July 22nd. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Amazon.com has a consensus rating of "Buy" and a consensus price target of $262.87.

Amazon.com Price Performance

Amazon.com stock traded down $2.60 during mid-day trading on Monday, reaching $229.00. The company had a trading volume of 26,167,914 shares, compared to its average volume of 37,773,448. The business has a fifty day simple moving average of $224.25 and a 200 day simple moving average of $207.79. The company has a market cap of $2.44 trillion, a P/E ratio of 34.91, a P/E/G ratio of 1.54 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 has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results 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. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion during the quarter, compared to analysts' expectations of $161.80 billion. During the same period in the prior year, the company earned $1.26 EPS. Amazon.com's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Amazon.com Company 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.