Natixis Advisors LLC reduced its position in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 0.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,871,894 shares of the e-commerce giant’s stock after selling 20,769 shares during the quarter. Amazon.com comprises about 2.8% of Natixis Advisors LLC’s holdings, making the stock its 4th biggest holding. Natixis Advisors LLC owned 0.07% of Amazon.com worth $1,497,707,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Brighton Jones LLC raised its stake in Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after purchasing an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after purchasing an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG raised its stake in Amazon.com by 2.8% in the fourth 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 purchasing an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE raised its stake in Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after purchasing an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC purchased a new stake in Amazon.com in the fourth quarter valued at approximately $2,153,000. 72.20% of the stock is currently owned by institutional investors.
Insider Activity at Amazon.com
In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction that occurred on 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 owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders sold 25,097,911 shares of company stock valued at $5,675,986,299. 9.70% of the stock is currently owned by insiders.
Amazon.com Stock Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the previous year, the company posted $1.26 EPS. The company’s revenue was up 13.3% compared to the same quarter last year. 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.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on the company. BMO Capital Markets boosted their target price on Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $280.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Zacks Research downgraded Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Monness Crespi & Hardt boosted their price target on Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Finally, DA Davidson increased their price target on shares of Amazon.com from $230.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. 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 stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $262.87.
Read Our Latest Analysis on Amazon.com
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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