Retirement Income Solutions Inc Reduces Stock Position in Amazon.com, Inc. $AMZN

Retirement Income Solutions Inc lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,190 shares of the e-commerce giant’s stock after selling 916 shares during the quarter. Amazon.com comprises about 0.7% of Retirement Income Solutions Inc’s investment portfolio, making the stock its 20th biggest holding. Retirement Income Solutions Inc’s holdings in Amazon.com were worth $3,461,000 as of its most recent filing with the Securities & Exchange Commission.

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

Insider Activity at Amazon.com

In related news, 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 completion of the transaction, the insider directly owned 883,779,901 shares of the company’s stock, valued at approximately $203,649,402,587.43. This trade represents a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 completion of the sale, the chief executive officer owned 510,255 shares in the company, valued at $118,542,441.60. This represents a 0.93% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,012,284 shares of company stock worth $5,656,976,492. Company insiders own 9.70% of the company’s stock.

Wall Street Analyst Weigh In

AMZN has been the topic of several recent research reports. HSBC increased their price objective on shares of Amazon.com from $240.00 to $256.00 in a research note on Tuesday, July 22nd. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Jefferies Financial Group increased their price objective on shares of Amazon.com from $255.00 to $265.00 in a research note on Wednesday, July 16th. Royal Bank Of Canada raised their target price on shares of Amazon.com from $230.00 to $240.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Finally, Telsey Advisory Group restated an “outperform” rating and set a $265.00 target price on shares of Amazon.com in a research note on Wednesday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $262.87.

Amazon.com Trading Down 0.8%

Amazon.com stock opened at $221.95 on Friday. The stock has a market cap of $2.37 trillion, a P/E 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 current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The firm’s 50 day moving average price is $222.30 and its 200-day moving average price is $208.35.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the business posted $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 earnings per share for the current fiscal year.

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.