Accredited Investors Inc. Sells 34,521 Shares of Amazon.com, Inc. $AMZN

Accredited Investors Inc. trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 11.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 255,468 shares of the e-commerce giant’s stock after selling 34,521 shares during the period. Amazon.com comprises about 3.0% of Accredited Investors Inc.’s portfolio, making the stock its 12th largest position. Accredited Investors Inc.’s holdings in Amazon.com were worth $48,605,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Amazon.com by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant’s stock worth $180,637,081,000 after acquiring an additional 17,635,391 shares in the last quarter. FMR LLC grew its holdings in Amazon.com by 0.5% during the 4th quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant’s stock worth $72,061,766,000 after acquiring an additional 1,725,664 shares in the last quarter. Geode Capital Management LLC grew its holdings in Amazon.com by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 204,930,426 shares of the e-commerce giant’s stock worth $44,837,256,000 after acquiring an additional 5,015,380 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Amazon.com by 2.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 182,813,905 shares of the e-commerce giant’s stock worth $40,107,544,000 after acquiring an additional 4,087,933 shares in the last quarter. Finally, Norges Bank bought a new position in Amazon.com during the 4th quarter worth about $27,266,582,000. 72.20% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. JPMorgan Chase & Co. increased their target price on shares of Amazon.com from $255.00 to $265.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Tigress Financial increased their price target on shares of Amazon.com from $290.00 to $305.00 and gave the company a “buy” rating in a research report on Tuesday, May 6th. Moffett Nathanson increased their price target on shares of Amazon.com from $250.00 to $253.00 and gave the company a “buy” rating in a research report on Tuesday, June 24th. Susquehanna increased their price target on shares of Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a research report on Friday, August 1st. Finally, Evercore ISI reissued an “outperform” rating and set a $280.00 price target on shares of Amazon.com in a research report on Wednesday, August 13th. Two analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Amazon.com has a consensus rating of “Buy” and an average target price of $262.87.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $223.81 on Thursday. The firm has a market capitalization of $2.39 trillion, a P/E ratio of 34.12, a PEG ratio of 1.54 and a beta of 1.31. 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 company has a 50 day moving average price of $222.12 and a 200 day moving average price of $208.46. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating the consensus estimate of $1.31 by $0.37. The firm 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%. Amazon.com’s revenue was up 13.3% on a year-over-year basis. During the same period last year, the firm posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction that occurred on 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 $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last ninety days, insiders have sold 25,012,284 shares of company stock valued at $5,656,976,492. Company insiders own 9.70% of the company’s stock.

Amazon.com 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.