Amazon.com, Inc. $AMZN Shares Sold by Strategic Advocates LLC

Strategic Advocates LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 19.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,740 shares of the e-commerce giant's stock after selling 5,349 shares during the quarter. Amazon.com comprises about 1.4% of Strategic Advocates LLC's portfolio, making the stock its 12th largest position. Strategic Advocates LLC's holdings in Amazon.com were worth $4,136,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Western Wealth Management LLC grew its holdings in Amazon.com by 0.9% during the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock worth $26,660,000 after acquiring an additional 1,297 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in Amazon.com in the 1st quarter worth approximately $514,000. Bearing Point Capital LLC acquired a new stake in Amazon.com in the 4th quarter worth approximately $12,014,000. Evergreen Capital Management LLC boosted its stake in Amazon.com by 0.5% in the 4th quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock worth $53,213,000 after purchasing an additional 1,198 shares in the last quarter. Finally, Keyvantage Wealth LLC acquired a new stake in Amazon.com during the 4th quarter valued at approximately $2,735,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on AMZN shares. Westpark Capital reaffirmed a "buy" rating and set a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. Cantor Fitzgerald boosted their price target on shares of Amazon.com from $260.00 to $280.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Citigroup reiterated an "overweight" rating on shares of Amazon.com in a research report on Wednesday, August 13th. Piper Sandler increased their target price on shares of Amazon.com from $250.00 to $255.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Finally, Stifel Nicolaus upped their price objective on shares of Amazon.com from $245.00 to $262.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. 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, the stock presently has an average rating of "Buy" and a consensus price target of $262.87.

Insider Transactions at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction dated 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders have sold 25,095,411 shares of company stock valued at $5,675,473,849. 9.70% of the stock is currently owned by corporate insiders.

Amazon.com Stock Performance

Shares of AMZN traded up $8.53 during mid-day trading on Thursday, reaching $234.52. 36,443,946 shares of the company's stock were exchanged, compared to its average volume of 43,816,934. The business's fifty day simple moving average is $225.19 and its 200-day simple moving average is $208.04. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. 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 stock has a market capitalization of $2.50 trillion, a PE ratio of 35.73, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com's quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the firm posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.