Mesirow Financial Investment Management Inc. Cuts Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• Mesirow Financial Investment Management Inc. reduced its stake in Amazon by 2.9%, selling 12,088 shares and retaining 405,799 shares, which make up roughly 1.5% of its total holdings.
• Insider Jeffrey P. Bezos sold over 4 million shares of Amazon stock, valued at approximately $960.67 million, resulting in a 0.47% decrease in his ownership.
• Analysts’ ratings for Amazon have varied, with Wedbush increasing its price target to $250 and Zacks downgrading it from "strong-buy" to "hold," reflecting mixed sentiments in the market.

Mesirow Financial Investment Management Inc. trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 405,799 shares of the e-commerce giant's stock after selling 12,088 shares during the period. Amazon.com comprises approximately 1.5% of Mesirow Financial Investment Management Inc.'s investment portfolio, making the stock its 13th largest holding. Mesirow Financial Investment Management Inc.'s holdings in Amazon.com were worth $77,207,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in AMZN. Brighton Jones LLC raised its stake in shares of Amazon.com by 10.9% during the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock worth $885,478,000 after purchasing an additional 397,007 shares during the period. Revolve Wealth Partners LLC raised its stake in Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock valued at $5,495,000 after acquiring an additional 986 shares during the period. Bank Pictet & Cie Europe AG raised its stake in Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock valued at $442,481,000 after acquiring an additional 54,987 shares during the period. Highview Capital Management LLC DE raised its stake in Amazon.com by 5.5% in the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock valued at $6,357,000 after acquiring an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC bought a new stake in Amazon.com in the 4th quarter valued at about $2,153,000. 72.20% of the stock is currently owned by institutional investors.

Insider Activity at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business's stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the completion of the transaction, the insider owned 897,722,088 shares of the company's stock, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 25,095,411 shares of company stock worth $5,675,473,849 over the last ninety days. 10.80% of the stock is currently owned by insiders.

Amazon.com Price Performance

Shares of AMZN traded up $0.65 during midday trading on Wednesday, hitting $225.99. 28,213,244 shares of the company traded hands, compared to its average volume of 33,878,940. The stock has a 50-day moving average of $225.19 and a 200-day moving average of $208.04. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The firm has a market cap of $2.41 trillion, a P/E ratio of 34.45, a PEG ratio of 1.54 and a beta of 1.30. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

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

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Canaccord Genuity Group restated a "buy" rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Tigress Financial boosted their price objective on Amazon.com from $290.00 to $305.00 and gave the company a "buy" rating in a research note on Tuesday, May 6th. Telsey Advisory Group restated an "outperform" rating and issued a $265.00 price objective on shares of Amazon.com in a research note on Wednesday, August 13th. Oppenheimer lowered their price objective on Amazon.com from $250.00 to $245.00 and set an "outperform" rating on the stock in a research note on Friday, August 1st. Finally, Needham & Company LLC restated a "buy" rating and issued a $265.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Amazon.com has a consensus rating of "Buy" and an average target price of $262.87.

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.