Greenwood Gearhart Inc. Has $21.89 Million Stake in Amazon.com, Inc. $AMZN

Greenwood Gearhart Inc. lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.6% during the first quarter, according to its most recent filing with the SEC. The firm owned 115,031 shares of the e-commerce giant’s stock after selling 3,090 shares during the period. Amazon.com accounts for approximately 1.5% of Greenwood Gearhart Inc.’s portfolio, making the stock its 23rd largest position. Greenwood Gearhart Inc.’s holdings in Amazon.com were worth $21,886,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of AMZN. Castlekeep Investment Advisors LLC acquired a new position in shares of Amazon.com during the 4th quarter valued at $25,000. Prudent Man Investment Management Inc. acquired a new position in shares of Amazon.com during the 4th quarter valued at $27,000. LSV Asset Management acquired a new position in shares of Amazon.com during the 4th quarter valued at $35,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com during the 1st quarter valued at $36,000. Finally, Inlight Wealth Management LLC acquired a new position in shares of Amazon.com during the 1st quarter valued at $40,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Benchmark reiterated a “buy” rating and set a $260.00 target price on shares of Amazon.com in a research report on Friday, May 2nd. Wedbush boosted their price target on shares of Amazon.com from $235.00 to $250.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Jefferies Financial Group boosted their price target on shares of Amazon.com from $255.00 to $265.00 in a research note on Wednesday, July 16th. UBS Group restated a “buy” rating and set a $271.00 price target (up previously from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Amazon.com in a research note on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $262.87.

Insiders Place Their Bets

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the completion of the transaction, the insider owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 25,025,854 shares of company stock worth $5,659,723,195 in the last three months. 10.80% of the stock is currently owned by corporate insiders.

Amazon.com Price Performance

AMZN opened at $228.01 on Wednesday. The firm has a market cap of $2.43 trillion, a P/E ratio of 34.76, a PEG ratio of 1.56 and a beta of 1.31. The firm has a 50-day moving average of $221.91 and a 200 day moving average of $208.35. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion during 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%. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts expect that Amazon.com, Inc. will post 6.31 EPS 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.