Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by XTX Topco Ltd

XTX Topco Ltd lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 45.5% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,151 shares of the e-commerce giant’s stock after selling 9,317 shares during the period. XTX Topco Ltd’s holdings in Amazon.com were worth $1,152,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Koss Olinger Consulting LLC raised its stake in Amazon.com by 260.8% during the 1st quarter. Koss Olinger Consulting LLC now owns 33,166 shares of the e-commerce giant’s stock valued at $3,426,000 after purchasing an additional 23,974 shares during the period. Prospera Financial Services Inc lifted its stake in Amazon.com by 2.0% in the 1st quarter. Prospera Financial Services Inc now owns 170,564 shares of the e-commerce giant’s stock worth $17,617,000 after acquiring an additional 3,347 shares in the last quarter. All Terrain Financial Advisors LLC lifted its stake in Amazon.com by 0.3% in the 1st quarter. All Terrain Financial Advisors LLC now owns 37,592 shares of the e-commerce giant’s stock worth $3,883,000 after acquiring an additional 100 shares in the last quarter. 1832 Asset Management L.P. lifted its stake in Amazon.com by 55.5% in the 1st quarter. 1832 Asset Management L.P. now owns 5,541,320 shares of the e-commerce giant’s stock worth $572,363,000 after acquiring an additional 1,978,441 shares in the last quarter. Finally, Financial Partners Group LLC purchased a new stake in Amazon.com in the 1st quarter worth about $219,000. Institutional investors own 57.96% of the company’s stock.

Insider Transactions at Amazon.com

In other news, major shareholder Amazon Com Inc sold 1,177,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $19.50, for a total transaction of $22,951,500.00. Following the completion of the sale, the insider now owns 12,741,445 shares of the company’s stock, valued at $248,458,177.50. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In related news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $125.07, for a total transaction of $62,535.00. Following the transaction, the chief executive officer now owns 151,780 shares in the company, valued at approximately $18,983,124.60. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, major shareholder Amazon Com Inc sold 1,177,000 shares of the company’s stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $19.50, for a total transaction of $22,951,500.00. Following the transaction, the insider now owns 12,741,445 shares in the company, valued at approximately $248,458,177.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,365,829 shares of company stock valued at $49,002,857. Corporate insiders own 12.30% of the company’s stock.

Amazon.com Price Performance

Shares of AMZN stock opened at $138.23 on Friday. The stock’s fifty day simple moving average is $133.76 and its 200 day simple moving average is $117.39. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.95 and a quick ratio of 0.70. The firm has a market cap of $1.43 trillion, a price-to-earnings ratio of 108.84, a P/E/G ratio of 1.79 and a beta of 1.24. Amazon.com, Inc. has a one year low of $81.43 and a one year high of $143.63.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, August 3rd. The e-commerce giant reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.29. Amazon.com had a net margin of 2.43% and a return on equity of 9.14%. The business had revenue of $134.38 billion for the quarter, compared to analyst estimates of $131.54 billion. On average, analysts expect that Amazon.com, Inc. will post 2.23 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently commented on AMZN shares. Loop Capital boosted their price objective on shares of Amazon.com from $180.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, August 23rd. Piper Sandler upped their price target on shares of Amazon.com from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, August 24th. Needham & Company LLC lifted their price objective on Amazon.com from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, August 4th. Truist Financial upped their target price on Amazon.com from $144.00 to $176.00 and gave the stock a “buy” rating in a research report on Friday, August 4th. Finally, StockNews.com lowered Amazon.com from a “buy” rating to a “hold” rating in a report on Thursday. Three analysts have rated the stock with a hold rating and forty-seven have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $160.87.

Amazon.com Company Profile

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. It operates through three segments: North America, International, and Amazon Web Services (AWS). The company's products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers.