Amazon.com, Inc. $AMZN Shares Sold by NCP Inc.

NCP Inc. decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 41.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,094 shares of the e-commerce giant’s stock after selling 18,724 shares during the quarter. Amazon.com accounts for approximately 6.7% of NCP Inc.’s holdings, making the stock its 2nd largest position. NCP Inc.’s holdings in Amazon.com were worth $4,965,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

AMZN has been the subject of a number of analyst reports. Jefferies Financial Group boosted their price objective on Amazon.com from $255.00 to $265.00 in a research report on Wednesday, July 16th. Pivotal Research boosted their price objective on Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Bank of America boosted their price objective on Amazon.com from $265.00 to $272.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Cowen restated a “buy” rating on shares of Amazon.com in a research report on Friday, August 1st. Finally, HSBC boosted their price objective on Amazon.com from $240.00 to $256.00 in a research report on Tuesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $262.87.

Amazon.com Stock Down 1.8%

AMZN opened at $223.81 on Thursday. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock’s fifty day moving average is $222.12 and its 200-day moving average is $208.46. The company has a market capitalization of $2.39 trillion, a PE ratio of 34.12, a P/E/G ratio of 1.54 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. The company had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.Amazon.com’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insiders Place Their Bets

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