Pachira Investments Inc. Sells 1,238 Shares of Amazon.com, Inc. $AMZN

Pachira Investments Inc. cut its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 17.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,990 shares of the e-commerce giant's stock after selling 1,238 shares during the period. Amazon.com makes up about 0.8% of Pachira Investments Inc.'s portfolio, making the stock its 23rd biggest holding. Pachira Investments Inc.'s holdings in Amazon.com were worth $1,154,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stordahl Capital Management Inc. raised its position in Amazon.com by 3.1% during the first quarter. Stordahl Capital Management Inc. now owns 3,054 shares of the e-commerce giant's stock valued at $581,000 after purchasing an additional 93 shares during the period. Conservest Capital Advisors Inc. raised its position in Amazon.com by 1.1% during the first quarter. Conservest Capital Advisors Inc. now owns 6,725 shares of the e-commerce giant's stock valued at $1,279,000 after purchasing an additional 74 shares during the period. Kestra Private Wealth Services LLC raised its position in Amazon.com by 5.1% during the first quarter. Kestra Private Wealth Services LLC now owns 723,643 shares of the e-commerce giant's stock valued at $137,680,000 after purchasing an additional 35,179 shares during the period. Fountainhead AM LLC raised its position in Amazon.com by 47.2% during the first quarter. Fountainhead AM LLC now owns 25,571 shares of the e-commerce giant's stock valued at $4,865,000 after purchasing an additional 8,198 shares during the period. Finally, Savoir Faire Capital Management L.P. raised its position in Amazon.com by 109.2% during the first quarter. Savoir Faire Capital Management L.P. now owns 30,421 shares of the e-commerce giant's stock valued at $5,788,000 after purchasing an additional 15,881 shares during the period. 72.20% of the stock is owned by institutional investors.

Amazon.com Trading Down 1.7%

AMZN stock traded down $3.8790 during midday trading on Wednesday, hitting $224.1310. The stock had a trading volume of 19,696,742 shares, compared to its average volume of 44,564,785. The firm has a market cap of $2.39 trillion, a P/E ratio of 34.19, a price-to-earnings-growth ratio of 1.56 and a beta of 1.31. 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 business has a fifty day moving average price of $221.91 and a two-hundred day moving average price of $208.35.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its 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 business had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same period in the previous year, the company posted $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, sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the completion of the transaction, the insider directly owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. This represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders sold 25,025,854 shares of company stock valued at $5,659,723,195 over the last three months. Corporate insiders own 10.80% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Wells Fargo & Company upped their price objective on Amazon.com from $238.00 to $245.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 29th. Cantor Fitzgerald increased their price target on Amazon.com from $260.00 to $280.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Morgan Stanley reiterated an "overweight" rating and issued a $300.00 price target on shares of Amazon.com in a report on Thursday, August 14th. Moffett Nathanson increased their price target on Amazon.com from $250.00 to $253.00 and gave the stock a "buy" rating in a report on Tuesday, June 24th. Finally, Monness Crespi & Hardt increased their price target on Amazon.com from $265.00 to $275.00 and gave the stock 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 issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Amazon.com has an average rating of "Buy" and an average price target 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.