St. Louis Financial Planners Asset Management LLC lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 18.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,547 shares of the e-commerce giant's stock after selling 3,137 shares during the quarter. Amazon.com comprises 2.3% of St. Louis Financial Planners Asset Management LLC's investment portfolio, making the stock its 11th biggest position. St. Louis Financial Planners Asset Management LLC's holdings in Amazon.com were worth $2,972,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also bought and sold shares of AMZN. Nuveen LLC acquired a new position in Amazon.com in the first quarter valued at about $11,674,091,000. GAMMA Investing LLC grew its position in Amazon.com by 21,420.5% in the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock valued at $5,754,425,000 after acquiring an additional 30,104,520 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Amazon.com by 21.3% in the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock valued at $11,017,657,000 after acquiring an additional 10,176,835 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Amazon.com in the fourth quarter valued at about $2,037,963,000. Finally, Vanguard Group Inc. grew its position in Amazon.com by 1.1% in the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant's stock valued at $158,348,557,000 after acquiring an additional 8,913,959 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.
Amazon.com Trading Down 1.7%
Shares of Amazon.com stock traded down $3.85 during midday trading on Monday, reaching $227.63. The company had a trading volume of 45,744,649 shares, compared to its average volume of 37,103,036. The stock has a fifty day moving average price of $227.81 and a 200 day moving average price of $209.49. 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 firm has a market cap of $2.43 trillion, a PE ratio of 34.70, a P/E/G ratio of 1.55 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 issued 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 return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period in the previous year, the firm earned $1.26 earnings per share. The company'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, equities analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.
Insider Buying and Selling at Amazon.com
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 transaction of $960,666,409.97. Following 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 25,097,911 shares of company stock worth $5,676,032,574 over the last quarter. 10.80% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
AMZN has been the topic of a number of recent analyst reports. Sanford C. Bernstein set a $235.00 target price on Amazon.com and gave the company an "outperform" rating in a research report on Tuesday, July 1st. HSBC boosted their price target on Amazon.com from $240.00 to $256.00 in a report on Tuesday, July 22nd. BMO Capital Markets boosted their price target on Amazon.com from $270.00 to $280.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Westpark Capital restated a "buy" rating and set a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Finally, Rosenblatt Securities boosted their price target on Amazon.com from $288.00 to $297.00 and gave the stock a "buy" rating in a report 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 assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $263.30.
Check Out Our Latest Research Report on AMZN
About Amazon.com
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Free Report)
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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