IMA Advisory Services Inc. Trims Holdings in Amazon.com, Inc. $AMZN

IMA Advisory Services Inc. trimmed its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 3.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,169 shares of the e-commerce giant’s stock after selling 1,358 shares during the quarter. Amazon.com makes up approximately 0.8% of IMA Advisory Services Inc.’s holdings, making the stock its 28th biggest position. IMA Advisory Services Inc.’s holdings in Amazon.com were worth $6,501,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AMZN. Brighton Jones LLC boosted its position in shares of Amazon.com by 10.9% during the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after acquiring an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Amazon.com by 4.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after acquiring an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its position in shares of Amazon.com by 2.8% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after acquiring an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE boosted its position in shares of Amazon.com by 5.5% during the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after acquiring an additional 1,518 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC bought a new position in shares of Amazon.com during the 4th quarter valued at approximately $2,153,000. 72.20% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several recent analyst reports. Wedbush lifted their price objective on shares of Amazon.com from $235.00 to $250.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. UBS Group reaffirmed a “buy” rating and set a $271.00 price objective (up from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. Monness Crespi & Hardt lifted their price objective on shares of Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Evercore ISI reaffirmed an “outperform” rating and set a $280.00 price objective on shares of Amazon.com in a research note on Wednesday, August 13th. Finally, Westpark Capital reaffirmed a “buy” rating and set a $280.00 price objective on shares of Amazon.com in a research note 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.com, Amazon.com currently has a consensus rating of “Buy” and an average target price of $262.87.

Amazon.com Stock Down 0.8%

NASDAQ:AMZN opened at $221.95 on Friday. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The company has a market cap of $2.37 trillion, a price-to-earnings ratio of 33.83, a price-to-earnings-growth ratio of 1.51 and a beta of 1.31. The stock has a fifty day simple moving average of $222.30 and a 200-day simple moving average of $208.35. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $161.80 billion. During the same period last year, the company earned $1.26 earnings per share. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling at Amazon.com

In other news, CEO Douglas J. Herrington sold 4,784 shares of Amazon.com 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 completion of the sale, the chief executive officer directly owned 510,255 shares in the company, valued at approximately $118,542,441.60. This trade represents a 0.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeffrey P. Bezos sold 2,643,142 shares of the firm’s stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $230.43, for a total value of $609,059,211.06. Following the transaction, the insider owned 883,779,901 shares in the company, valued at approximately $203,649,402,587.43. This represents a 0.30% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 25,012,284 shares of company stock valued at $5,656,976,492. Corporate insiders own 9.70% of the company’s stock.

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.