Venator Management LLC Grows Holdings in Amazon.com, Inc. $AMZN

Key Points

• Venator Management LLC increased its stake in Amazon.com by 5.2%, now owning 188,420 shares valued at approximately $35.85 million, making it the largest position in their portfolio.
• Amazon reported a net revenue of $167.70 billion for the last quarter, exceeding estimates, with earnings per share of $1.68 compared to the projected $1.31.
• Insider Jeffrey P. Bezos sold over 4 million shares of Amazon stock, decreasing his position by 0.47%, while insiders collectively sold approximately $5.68 billion in shares over the last 90 days.

Venator Management LLC lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 188,420 shares of the e-commerce giant's stock after acquiring an additional 9,355 shares during the period. Amazon.com accounts for approximately 10.7% of Venator Management LLC's holdings, making the stock its biggest position. Venator Management LLC's holdings in Amazon.com were worth $35,849,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of AMZN. Castlekeep Investment Advisors LLC purchased a new position in Amazon.com in the 4th quarter worth about $25,000. Prudent Man Investment Management Inc. bought a new position in shares of Amazon.com in the 4th quarter valued at approximately $27,000. LSV Asset Management bought a new stake in Amazon.com during the fourth quarter worth approximately $35,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the 1st quarter valued at $36,000. Finally, Inlight Wealth Management LLC bought a new stake in Amazon.com during the 1st quarter valued at approximately $40,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Amazon.com

In other news, SVP David Zapolsky sold 13,570 shares of the firm's stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the transaction, the senior vice president directly owned 44,110 shares in the company, valued at $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the transaction, the chief executive officer directly owned 2,178,502 shares of the company's stock, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,097,911 shares of company stock valued at $5,675,986,299. Corporate insiders own 9.70% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Westpark Capital reaffirmed a "buy" rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Citizens Jmp assumed coverage on Amazon.com in a research note on Thursday, July 10th. They issued a "strong-buy" rating for the company. DA Davidson lifted their target price on Amazon.com from $230.00 to $265.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Sanford C. Bernstein set a $235.00 target price on shares of Amazon.com and gave the stock an "outperform" rating in a report on Tuesday, July 1st. Finally, BMO Capital Markets boosted their price objective on shares of Amazon.com from $270.00 to $280.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Two equities research 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 company's stock. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $262.87.

Amazon.com Stock Performance

AMZN stock traded up $2.48 during mid-day trading on Thursday, hitting $231.60. 33,650,159 shares of the company were exchanged, compared to its average volume of 44,096,824. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $2.47 trillion, a PE ratio of 35.30, a price-to-earnings-growth ratio of 1.53 and a beta of 1.31. The business has a 50 day simple moving average of $223.48 and a 200-day simple moving average of $208.13. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52.

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

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.