Amazon.com, Inc. $AMZN Shares Sold by NJ State Employees Deferred Compensation Plan

NJ State Employees Deferred Compensation Plan reduced its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 142,200 shares of the e-commerce giant’s stock after selling 2,700 shares during the period. Amazon.com comprises about 3.5% of NJ State Employees Deferred Compensation Plan’s portfolio, making the stock its 4th biggest holding. NJ State Employees Deferred Compensation Plan’s holdings in Amazon.com were worth $27,055,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Castlekeep Investment Advisors LLC acquired a new position in shares of Amazon.com in the 4th quarter valued at $25,000. LSV Asset Management purchased a new stake in shares of Amazon.com in the fourth quarter valued at approximately $35,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com in the first quarter valued at approximately $36,000. Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com in the first quarter valued at approximately $40,000. Finally, Capitol Family Office Inc. purchased a new stake in shares of Amazon.com in the first quarter valued at approximately $42,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company’s stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider owned 897,722,088 shares of the company’s stock, valued at $201,816,902,603.28. This represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders have sold a total of 25,095,411 shares of company stock valued at $5,675,473,849 over the last 90 days. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $225.34 on Wednesday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The business’s fifty day simple moving average is $224.91 and its 200-day simple moving average is $207.92. The firm has a market cap of $2.40 trillion, a PE ratio of 34.35, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter in the prior year, the company posted $1.26 EPS. 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. Equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analysts Set New Price Targets

AMZN has been the subject of a number of recent analyst reports. Moffett Nathanson boosted their price objective on Amazon.com from $250.00 to $253.00 and gave the company a “buy” rating in a research report on Tuesday, June 24th. Citizens Jmp began coverage on Amazon.com in a research note on Thursday, July 10th. They issued a “strong-buy” rating on the stock. Truist Financial lifted their price target on Amazon.com from $226.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, July 2nd. Jefferies Financial Group upped their target price on shares of Amazon.com from $255.00 to $265.00 in a report on Wednesday, July 16th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. Two 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, the company has an average rating of “Buy” and a consensus target price of $262.87.

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.