Redwood Park Advisors LLC decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.8% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,091 shares of the e-commerce giant’s stock after selling 58 shares during the quarter. Amazon.com comprises about 0.5% of Redwood Park Advisors LLC’s investment portfolio, making the stock its 16th biggest position. Redwood Park Advisors LLC’s holdings in Amazon.com were worth $588,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in the business. Castlekeep Investment Advisors LLC purchased a new position in shares of Amazon.com in the 4th quarter worth $25,000. Prudent Man Investment Management Inc. purchased a new position in shares of Amazon.com in the 4th quarter worth $27,000. LSV Asset Management purchased a new position in shares of Amazon.com in the 4th quarter worth $35,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com in the 1st quarter worth $36,000. Finally, Inlight Wealth Management LLC purchased a new position in shares of Amazon.com in the 1st quarter worth $40,000. Institutional investors and hedge funds own 72.20% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on AMZN shares. JPMorgan Chase & Co. increased their target price on Amazon.com from $255.00 to $265.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Cowen reaffirmed a “buy” rating on shares of Amazon.com in a research report on Friday, August 1st. Robert W. Baird raised their price objective on Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. Zacks Research lowered Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Finally, Pivotal Research raised 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. Two research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $262.87.
Insider Buying and Selling
In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction dated Friday, July 11th. The stock was 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 in the company, valued at approximately $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 25,012,284 shares of company stock valued at $5,656,976,492 in the last three months. 9.70% of the stock is currently owned by company insiders.
Amazon.com Stock Down 0.8%
Shares of NASDAQ AMZN opened at $221.95 on Friday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The firm has a market cap 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. The stock’s 50-day simple moving average is $222.30 and its 200-day simple moving average is $208.35.
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period last year, the firm earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
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.
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