Amazon.com, Inc. $AMZN Shares Sold by one8zero8 LLC

Key Points

• one8zero8 LLC decreased its stake in Amazon.com, Inc. by 6.8%, now holding approximately $8.42 million worth of shares, making it the 11th largest position in its portfolio.
• Amazon.com's stock traded at $229.12 with a market cap of $2.44 trillion, and reported a quarterly revenue of $167.70 billion, surpassing analysts' expectations.
• Insider Jeffrey P. Bezos sold over 4.27 million shares of Amazon stock for nearly $960 million, representing a 0.47% decrease in his ownership of the company.

one8zero8 LLC decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,253 shares of the e-commerce giant's stock after selling 3,242 shares during the period. Amazon.com accounts for approximately 2.0% of one8zero8 LLC's portfolio, making the stock its 11th biggest holding. one8zero8 LLC's holdings in Amazon.com were worth $8,420,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Castlekeep Investment Advisors LLC acquired a new position in Amazon.com during the fourth quarter worth approximately $25,000. Prudent Man Investment Management Inc. acquired a new position in shares of Amazon.com in the fourth quarter valued at approximately $27,000. LSV Asset Management acquired a new position in shares of Amazon.com in the fourth quarter valued at approximately $35,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com in the first quarter valued at approximately $36,000. Finally, Inlight Wealth Management LLC acquired a new position in shares of Amazon.com in the first quarter valued at approximately $40,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Insiders Place Their Bets

In other news, CEO Andrew R. Jassy sold 19,872 shares of the company's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value 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 represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Brian T. Olsavsky sold 17,750 shares of the company's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the sale, the chief financial officer owned 49,000 shares in the company, valued at $10,914,260. This represents a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 25,097,911 shares of company stock valued at $5,675,986,299. Insiders own 9.70% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Canaccord Genuity Group reissued a "buy" rating and issued a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. Piper Sandler boosted their target price on Amazon.com from $250.00 to $255.00 and gave the company an "overweight" rating in a report on Friday, August 1st. BNP Paribas raised Amazon.com from a "hold" rating to a "strong-buy" rating in a report on Friday, June 27th. Wedbush boosted their target price on Amazon.com from $235.00 to $250.00 and gave the company an "outperform" rating in a report on Wednesday, July 30th. Finally, DA Davidson boosted their target price on Amazon.com from $230.00 to $265.00 and gave the company a "buy" rating in a report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $262.87.

Amazon.com Price Performance

AMZN traded down $2.60 during trading on Friday, reaching $229.00. 26,167,914 shares of the stock were exchanged, compared to its average volume of 42,576,432. The business's 50 day moving average price is $224.25 and its two-hundred day moving average price is $207.95. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. 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, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results 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 company had revenue of $167.70 billion for 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%.Amazon.com's quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.