Nvwm LLC Sells 8,511 Shares of Amazon.com, Inc. $AMZN

Nvwm LLC trimmed its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 11.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 64,879 shares of the e-commerce giant’s stock after selling 8,511 shares during the period. Amazon.com accounts for about 3.3% of Nvwm LLC’s investment portfolio, making the stock its 3rd largest position. Nvwm LLC’s holdings in Amazon.com were worth $12,344,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Prudent Man Investment Management Inc. acquired a new stake in Amazon.com in the 4th quarter valued at about $27,000. LSV Asset Management purchased a new position in Amazon.com in the 4th quarter valued at about $35,000. Perritt Capital Management Inc lifted its holdings in Amazon.com by 72.7% in the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant’s stock valued at $42,000 after purchasing an additional 80 shares in the last quarter. Cooksen Wealth LLC purchased a new position in Amazon.com in the 1st quarter valued at about $36,000. Finally, Inlight Wealth Management LLC purchased a new position in Amazon.com in the 1st quarter valued at about $40,000. 72.20% of the stock is owned by institutional investors and hedge funds.

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 that occurred 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 trade represents a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 4,784 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $232.32, for a total transaction of $1,111,418.88. Following the completion of the transaction, the chief executive officer owned 510,255 shares in the company, valued at $118,542,441.60. The trade was a 0.93% decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,012,284 shares of company stock worth $5,656,976,492 over the last three months. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Price Performance

AMZN opened at $228.84 on Monday. The company’s 50 day simple moving average is $222.63 and its 200 day simple moving average is $207.85. 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. The stock has a market capitalization of $2.44 trillion, a PE ratio of 34.88, a P/E/G ratio of 1.54 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. During the same period last year, the company earned $1.26 earnings per share. The company’s quarterly revenue 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 expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analysts Forecast Growth

AMZN has been the topic of a number of recent research reports. Truist Financial upped their target price on shares of Amazon.com from $226.00 to $250.00 and gave the company a “buy” rating in a report on Wednesday, July 2nd. Roth Capital set a $250.00 target price on shares of Amazon.com and gave the company a “buy” rating in a report on Tuesday, July 8th. Morgan Stanley restated an “overweight” rating and issued a $300.00 target price on shares of Amazon.com in a report on Thursday, August 14th. BMO Capital Markets upped their target price on shares of Amazon.com from $270.00 to $280.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Finally, BNP Paribas upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. Two analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $262.87.

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.