Amazon.com, Inc. $AMZN Shares Sold by Gratus Wealth Advisors LLC

Gratus Wealth Advisors LLC trimmed its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 3.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,485 shares of the e-commerce giant’s stock after selling 509 shares during the quarter. Amazon.com comprises approximately 0.4% of Gratus Wealth Advisors LLC’s portfolio, making the stock its 28th biggest position. Gratus Wealth Advisors LLC’s holdings in Amazon.com were worth $2,375,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Prudent Man Investment Management Inc. acquired a new stake in shares of Amazon.com in the fourth quarter valued at approximately $27,000. LSV Asset Management acquired a new stake in shares of Amazon.com in the fourth quarter valued at approximately $35,000. Perritt Capital Management Inc boosted its holdings in shares of Amazon.com by 72.7% in the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant’s stock valued at $42,000 after acquiring an additional 80 shares during the period. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com in the first quarter valued at approximately $36,000. Finally, Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com in the first quarter valued at approximately $40,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Trading Down 0.8%

NASDAQ:AMZN opened at $221.95 on Friday. The stock has a fifty day moving average price of $222.30 and a two-hundred day moving average price of $208.35. The stock has a market capitalization of $2.37 trillion, a price-to-earnings ratio of 33.83, a PEG ratio of 1.51 and a beta of 1.31. 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 1 year low of $161.38 and a 1 year high of $242.52.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter last year, the business posted $1.26 earnings per share. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Jeffrey P. Bezos sold 2,643,142 shares of the stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $230.43, for a total transaction of $609,059,211.06. Following the sale, the insider owned 883,779,901 shares of the company’s stock, valued at $203,649,402,587.43. This trade represents a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 4,784 shares of the stock in a transaction on Friday, August 15th. The shares were sold at an average price of $232.32, for a total value of $1,111,418.88. Following the sale, the chief executive officer directly owned 510,255 shares in the company, valued at approximately $118,542,441.60. The trade was a 0.93% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,012,284 shares of company stock worth $5,656,976,492. Corporate insiders own 9.70% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on AMZN shares. Tigress Financial increased their price objective on Amazon.com from $290.00 to $305.00 and gave the company a “buy” rating in a report on Tuesday, May 6th. Benchmark restated a “buy” rating and set a $260.00 price target on shares of Amazon.com in a research note on Friday, May 2nd. Oppenheimer cut their price target on Amazon.com from $250.00 to $245.00 and set an “outperform” rating for the company in a research note on Friday, August 1st. Truist Financial upped their price target on Amazon.com from $226.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, July 2nd. Finally, JPMorgan Chase & Co. upped their price target on Amazon.com from $255.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $262.87.

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.