Vestor Capital LLC Sells 58,237 Shares of Amazon.com, Inc. $AMZN

Key Points

• Vestor Capital LLC reduced its holdings in Amazon.com, Inc. by 16.2%, selling 58,237 shares and leaving it with 301,324 shares valued at approximately $57.3 million.
• Amazon's stock price rose by 3.1%, reaching $228.84 with a market cap of $2.44 trillion and a P/E ratio of 34.88.
• Analysts have increased their price targets for Amazon, with estimates ranging from $260.00 to $285.00, indicating a strong overall sentiment with an average rating of Buy.

Vestor Capital LLC decreased its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 16.2% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 301,324 shares of the e-commerce giant's stock after selling 58,237 shares during the period. Amazon.com makes up 4.7% of Vestor Capital LLC's portfolio, making the stock its 4th largest position. Vestor Capital LLC's holdings in Amazon.com were worth $57,330,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Western Wealth Management LLC grew its holdings in shares of Amazon.com by 0.9% in the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock valued at $26,660,000 after buying an additional 1,297 shares during the period. Momentous Wealth Management Inc. bought a new stake in Amazon.com in the 4th quarter valued at $749,000. Barnes Dennig Private Wealth Management LLC bought a new stake in Amazon.com in the 1st quarter valued at $514,000. Segall Bryant & Hamill LLC lifted its position in Amazon.com by 14.3% in the 4th quarter. Segall Bryant & Hamill LLC now owns 317,114 shares of the e-commerce giant's stock valued at $69,572,000 after acquiring an additional 39,696 shares in the last quarter. Finally, Bearing Point Capital LLC bought a new stake in Amazon.com in the 4th quarter valued at $12,014,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Up 3.1%

NASDAQ:AMZN traded up $6.89 on Friday, hitting $228.84. 37,264,095 shares of the company's stock were exchanged, compared to its average volume of 46,830,960. The firm has a 50-day moving average price of $222.30 and a 200-day moving average price of $208.35. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The company has a market cap of $2.44 trillion, a P/E ratio of 34.88, a price-to-earnings-growth ratio of 1.49 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly 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. 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 previous year, the firm posted $1.26 EPS. The company's revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on AMZN shares. Cantor Fitzgerald boosted their price objective on shares of Amazon.com from $260.00 to $280.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Barclays boosted their price objective on shares of Amazon.com from $240.00 to $275.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Needham & Company LLC reaffirmed a "buy" rating and issued a $265.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. JMP Securities reaffirmed a "market outperform" rating and issued a $285.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Finally, Pivotal Research boosted their price objective 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. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $262.87.

Insider Transactions at Amazon.com

In other news, CEO Douglas J. Herrington sold 4,784 shares of the company's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $232.32, for a total value of $1,111,418.88. Following the sale, the chief executive officer directly owned 510,255 shares of the company's stock, valued at approximately $118,542,441.60. This represents a 0.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeffrey P. Bezos sold 2,643,142 shares of the company's stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $230.43, for a total transaction of $609,059,211.06. Following the completion of the sale, the insider directly owned 883,779,901 shares in the company, valued at approximately $203,649,402,587.43. The trade was a 0.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,012,284 shares of company stock worth $5,656,976,492. 9.70% of the stock is owned by insiders.

About Amazon.com

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.