Werba Rubin Papier Wealth Management Sells 1,223 Shares of Amazon.com, Inc. $AMZN

Key Points

• Werba Rubin Papier Wealth Management has reduced its stake in Amazon.com, Inc. by 6.8%, selling 1,223 shares and now holds 16,700 shares worth approximately $3.18 million.
• Amazon's stock price rose by 1.1%, trading at $231.60, while its market capitalization stands at $2.47 trillion.
• Insider Jeffrey P. Bezos sold over 4 million shares of Amazon stock, valued at approximately $960.67 million, with insiders collectively having sold around $5.68 billion in stock over the last three months.

Werba Rubin Papier Wealth Management reduced its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,700 shares of the e-commerce giant's stock after selling 1,223 shares during the quarter. Amazon.com comprises about 0.7% of Werba Rubin Papier Wealth Management's portfolio, making the stock its 24th biggest position. Werba Rubin Papier Wealth Management's holdings in Amazon.com were worth $3,177,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the stock. Atlas Legacy Advisors LLC grew its stake in shares of Amazon.com by 2.4% during the first quarter. Atlas Legacy Advisors LLC now owns 15,548 shares of the e-commerce giant's stock valued at $2,958,000 after purchasing an additional 371 shares during the last quarter. Inlet Private Wealth LLC grew its stake in shares of Amazon.com by 10.7% during the first quarter. Inlet Private Wealth LLC now owns 8,689 shares of the e-commerce giant's stock valued at $1,653,000 after purchasing an additional 840 shares during the last quarter. Abbot Financial Management Inc. lifted its holdings in Amazon.com by 5.1% in the first quarter. Abbot Financial Management Inc. now owns 16,392 shares of the e-commerce giant's stock valued at $3,119,000 after buying an additional 793 shares during the period. Woodard & Co. Asset Management Group Inc. ADV lifted its holdings in Amazon.com by 3.7% in the first quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 25,406 shares of the e-commerce giant's stock valued at $4,834,000 after buying an additional 913 shares during the period. Finally, Eagle Bluffs Wealth Management LLC lifted its holdings in Amazon.com by 1.5% in the first quarter. Eagle Bluffs Wealth Management LLC now owns 8,670 shares of the e-commerce giant's stock valued at $1,650,000 after buying an additional 125 shares during the period. 72.20% of the stock is owned by institutional investors.

Amazon.com Stock Up 1.1%

AMZN traded up $2.48 during midday trading on Thursday, hitting $231.60. The company had a trading volume of 33,650,159 shares, compared to its average volume of 46,110,316. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The stock's 50 day moving average price is $223.48 and its 200 day moving average price is $208.13. The company has a market capitalization of $2.47 trillion, a price-to-earnings ratio of 35.30, a PEG ratio of 1.54 and a beta of 1.31. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 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 EPS for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period last year, the company posted $1.26 earnings per share. Amazon.com's quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on AMZN shares. BMO Capital Markets increased their target price on shares of Amazon.com from $270.00 to $280.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. JPMorgan Chase & Co. raised their target price on shares of Amazon.com from $255.00 to $265.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $280.00 target price on shares of Amazon.com in a research report on Friday, August 1st. HSBC lifted their price objective on shares of Amazon.com from $240.00 to $256.00 in a research report on Tuesday, July 22nd. Finally, Oppenheimer decreased their price objective on shares of Amazon.com from $250.00 to $245.00 and set an "outperform" rating for the company in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $262.87.

Insider Transactions at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com 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 completion of the transaction, the insider directly owned 897,722,088 shares of the company's stock, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 25,097,911 shares of company stock valued at $5,675,986,299 over the last three months. 9.70% of the stock is currently 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.