Natixis Advisors LLC Has $1.50 Billion Holdings in Amazon.com, Inc. $AMZN

Key Points

• Natixis Advisors LLC reduced its stake in Amazon.com by 0.3%, retaining 7,871,894 shares, which now represent about 2.8% of its total holdings, valued at approximately $1.5 billion.
• Insider Jeffrey P. Bezos sold over 4.27 million shares of Amazon, a transaction valued at almost $961 million, reducing his ownership by 0.47% to approximately $201.8 billion.
• Amazon reported earnings of $1.68 per share for the latest quarter, exceeding analyst expectations, with revenue reaching $167.7 billion, a 13.3% increase year-over-year.

Natixis Advisors LLC lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,871,894 shares of the e-commerce giant's stock after selling 20,769 shares during the quarter. Amazon.com accounts for approximately 2.8% of Natixis Advisors LLC's investment portfolio, making the stock its 4th biggest position. Natixis Advisors LLC owned about 0.07% of Amazon.com worth $1,497,707,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cannon Wealth Management Services LLC boosted its position in Amazon.com by 1.6% during the first quarter. Cannon Wealth Management Services LLC now owns 7,752 shares of the e-commerce giant's stock valued at $1,463,000 after acquiring an additional 125 shares during the last quarter. NorthRock Partners LLC raised its position in Amazon.com by 0.8% in the first quarter. NorthRock Partners LLC now owns 148,041 shares of the e-commerce giant's stock worth $28,166,000 after acquiring an additional 1,130 shares during the period. SSA Swiss Advisors AG bought a new stake in Amazon.com in the first quarter worth about $2,486,000. North Star Asset Management Inc. increased its stake in shares of Amazon.com by 1.2% in the first quarter. North Star Asset Management Inc. now owns 215,317 shares of the e-commerce giant's stock worth $40,966,000 after purchasing an additional 2,642 shares in the last quarter. Finally, FSB Premier Wealth Management Inc. increased its stake in shares of Amazon.com by 16.8% in the first quarter. FSB Premier Wealth Management Inc. now owns 7,494 shares of the e-commerce giant's stock worth $1,426,000 after purchasing an additional 1,080 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AMZN. Barclays raised their target price on shares of Amazon.com from $240.00 to $275.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. BNP Paribas raised Amazon.com from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. Wall Street Zen upgraded Amazon.com from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Tigress Financial lifted their target price on Amazon.com from $290.00 to $305.00 and gave the company a "buy" rating in a research note on Tuesday, May 6th. Finally, Evercore ISI reiterated an "outperform" rating and issued a $280.00 price target on shares of Amazon.com in a research report on Wednesday, August 13th. Two analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $262.87.

Insiders Place Their Bets

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer owned 49,000 shares of the company's stock, valued at $10,914,260. This represents a 26.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the business's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, the chief executive officer directly owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,097,911 shares of company stock worth $5,675,986,299 over the last 90 days. 10.80% of the stock is currently owned by corporate insiders.

Amazon.com Stock Down 1.1%

NASDAQ AMZN traded down $2.60 on Friday, reaching $229.00. The stock had a trading volume of 26,167,914 shares, compared to its average volume of 37,773,448. The business has a 50 day moving average price of $224.25 and a 200 day moving average price of $207.95. 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, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company has a market capitalization of $2.44 trillion, a price-to-earnings ratio of 34.91, a P/E/G ratio of 1.54 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data 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. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion during the quarter, compared to analysts' expectations of $161.80 billion. During the same quarter in the previous year, the firm earned $1.26 EPS. The firm'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, analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal 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.