Senator Investment Group LP Lowers Stock Position in Amazon.com, Inc. $AMZN

Key Points

• Senator Investment Group LP reduced its stake in Amazon.com, Inc. by 45.7%, selling 237,500 shares and now holding 282,500 shares worth approximately $53.7 million.
• Several other institutional investors have increased their positions in Amazon.com, including BSN CAPITAL PARTNERS Ltd which raised its stake by 48.5%, now owning shares valued at $557.1 million.
• Amazon.com's stock is currently trading down 3.3% at $230.33, with analysts upgrading price targets and maintaining a consensus rating of "Buy."

Senator Investment Group LP cut its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 45.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 282,500 shares of the e-commerce giant's stock after selling 237,500 shares during the quarter. Amazon.com makes up about 2.9% of Senator Investment Group LP's holdings, making the stock its 17th biggest position. Senator Investment Group LP's holdings in Amazon.com were worth $53,748,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BSN CAPITAL PARTNERS Ltd lifted its position in shares of Amazon.com by 48.5% during the 1st quarter. BSN CAPITAL PARTNERS Ltd now owns 2,822,997 shares of the e-commerce giant's stock worth $557,146,000 after buying an additional 922,497 shares in the last quarter. Laraway Financial Advisors Inc increased its position in shares of Amazon.com by 0.8% during the first quarter. Laraway Financial Advisors Inc now owns 9,956 shares of the e-commerce giant's stock valued at $1,894,000 after acquiring an additional 76 shares during the last quarter. Fairscale Capital LLC lifted its holdings in Amazon.com by 1.9% during the first quarter. Fairscale Capital LLC now owns 10,315 shares of the e-commerce giant's stock worth $1,963,000 after acquiring an additional 193 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in Amazon.com by 3.7% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 7,045,166 shares of the e-commerce giant's stock worth $1,340,573,000 after purchasing an additional 249,377 shares during the last quarter. Finally, GSG Advisors LLC grew its stake in Amazon.com by 2.6% in the 1st quarter. GSG Advisors LLC now owns 24,841 shares of the e-commerce giant's stock valued at $4,747,000 after purchasing an additional 621 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Trading Down 3.3%

Amazon.com stock opened at $230.33 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The stock has a market cap of $2.46 trillion, a P/E ratio of 35.11, a PEG ratio of 1.60 and a beta of 1.30. The firm's fifty day moving average price is $226.63 and its 200-day moving average price is $208.40.

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 the consensus estimate of $1.31 by $0.37. The business had revenue of $167.70 billion during the quarter, compared to analysts' expectations of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm's revenue was up 13.3% on a year-over-year basis. 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. Equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity at Amazon.com

In related 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 shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 25,097,911 shares of company stock worth $5,676,032,574 over the last ninety days. 9.70% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

AMZN has been the topic of a number of recent analyst reports. Piper Sandler lifted their target price on Amazon.com from $250.00 to $255.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Bank of America lifted their price objective on shares of Amazon.com from $265.00 to $272.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Pivotal Research increased their target price on shares of Amazon.com from $260.00 to $285.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Truist Financial raised their price target on shares of Amazon.com from $226.00 to $250.00 and gave the stock a "buy" rating in a research note on Wednesday, July 2nd. Finally, Stifel Nicolaus lifted their price target on shares of Amazon.com from $245.00 to $262.00 and gave the stock a "buy" rating in a report on Tuesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $262.87.

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.

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