Amazon.com, Inc. $AMZN Shares Sold by Total Investment Management Inc.

Total Investment Management Inc. decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,051 shares of the e-commerce giant’s stock after selling 269 shares during the quarter. Amazon.com comprises 0.2% of Total Investment Management Inc.’s holdings, making the stock its 22nd largest holding. Total Investment Management Inc.’s holdings in Amazon.com were worth $1,342,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Castlekeep Investment Advisors LLC acquired a new stake in shares of Amazon.com in the fourth quarter valued at $25,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com in the first quarter valued at $36,000. Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com in the first quarter valued at $40,000. Capitol Family Office Inc. acquired a new stake in shares of Amazon.com in the first quarter valued at $42,000. Finally, Harbor Investment Advisory LLC grew its stake in shares of Amazon.com by 0.7% in the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock valued at $58,000 after buying an additional 2,145 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on AMZN. Morgan Stanley reaffirmed an “overweight” rating and issued a $300.00 price objective on shares of Amazon.com in a research note on Thursday, August 14th. UBS Group reaffirmed a “buy” rating and issued a $271.00 price objective (up from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. Zacks Research cut Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Westpark Capital reissued a “buy” rating and set a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Finally, Robert W. Baird boosted their target price on Amazon.com from $220.00 to $244.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $262.87.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company’s stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the completion of the transaction, the insider directly owned 897,722,088 shares of the company’s stock, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last ninety days, insiders sold 25,097,911 shares of company stock worth $5,676,032,574. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Trading Down 1.4%

NASDAQ:AMZN opened at $232.33 on Friday. The stock has a 50-day simple moving average of $225.74 and a 200-day simple moving average of $208.13. The stock has a market cap of $2.48 trillion, a P/E ratio of 35.42, a P/E/G ratio of 1.58 and a beta of 1.30. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. 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 (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, topping the consensus estimate of $1.31 by $0.37. The business had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts anticipate 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.