Amazon.com, Inc. $AMZN Shares Bought by S&CO Inc.

Key Points

• S&CO Inc. increased its stake in Amazon.com, acquiring an additional 9,256 shares during Q1, bringing its total ownership to 162,743 shares, valued at approximately $30.96 million.
• In recent insider transactions, CEO Andrew Jassy and CFO Brian Olsavsky sold shares, with Jassy selling 19,872 shares and Olsavsky selling 17,750 shares, decreasing their ownership by 0.90% and 26.59% respectively.
• Amazon’s stock is currently down 1.1%, with a market cap of $2.44 trillion and a recent earnings report showcasing a 13.3% revenue increase year-over-year.

S&CO Inc. lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.0% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 162,743 shares of the e-commerce giant's stock after purchasing an additional 9,256 shares during the quarter. Amazon.com comprises approximately 2.1% of S&CO Inc.'s holdings, making the stock its 11th largest holding. S&CO Inc.'s holdings in Amazon.com were worth $30,963,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Castlekeep Investment Advisors LLC acquired a new stake in shares of Amazon.com in the fourth quarter worth $25,000. LSV Asset Management purchased a new stake in Amazon.com during the 4th quarter worth $35,000. Cooksen Wealth LLC acquired a new stake in Amazon.com in the 1st quarter valued at $36,000. Inlight Wealth Management LLC acquired a new stake in Amazon.com in the 1st quarter valued at $40,000. Finally, Perritt Capital Management Inc raised its position in 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 period. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Down 1.1%

Shares of AMZN stock traded down $2.60 during mid-day trading on Monday, reaching $229.00. 26,167,914 shares of the company were exchanged, compared to its average volume of 37,773,448. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The business's 50 day simple moving average is $224.25 and its 200 day simple moving average is $207.79. The company has a market capitalization 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.

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

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of recent research reports. Barclays increased their target price on Amazon.com from $240.00 to $275.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Oppenheimer decreased their price target on Amazon.com from $250.00 to $245.00 and set an "outperform" rating for the company in a report on Friday, August 1st. Tigress Financial increased their price objective on shares of Amazon.com from $290.00 to $305.00 and gave the company a "buy" rating in a research report on Tuesday, May 6th. Canaccord Genuity Group reissued a "buy" rating and set a $280.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Finally, Monness Crespi & Hardt upped their target price on shares of Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $262.87.

Insiders Place Their Bets

In related news, CEO Douglas J. Herrington sold 6,835 shares of the business's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.62, for a total value of $1,514,772.70. Following the completion of the sale, the chief executive officer directly owned 520,507 shares of the company's stock, valued at $115,354,761.34. The trade was a 1.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The shares were 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 approximately $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,095,411 shares of company stock worth $5,675,473,849. Company insiders own 9.70% of the company's stock.

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.