Trillium Asset Management LLC Cuts Stake in Amazon.com, Inc. $AMZN

Trillium Asset Management LLC reduced its position in Amazon.com, Inc. (NASDAQ:AMZN) by 4.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,322 shares of the e-commerce giant’s stock after selling 154 shares during the quarter. Trillium Asset Management LLC’s holdings in Amazon.com were worth $632,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the first quarter valued at $36,000. Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com during the first quarter valued at $40,000. Capitol Family Office Inc. purchased a new stake in shares of Amazon.com during the first quarter valued at $42,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Amazon.com during the first quarter valued at $59,000. Finally, von Borstel & Associates Inc. purchased a new stake in shares of Amazon.com during the first quarter valued at $66,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Amazon.com

In related 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 transaction of $960,666,409.97. Following the completion of the transaction, the insider owned 897,722,088 shares in the company, valued at $201,816,902,603.28. This represents a 0.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. 10.80% of the stock is owned by corporate insiders.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $238.24 on Wednesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock has a market capitalization of $2.54 trillion, a PE ratio of 36.32, a P/E/G ratio of 1.58 and a beta of 1.30. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The company has a fifty day moving average of $226.43 and a two-hundred day moving average of $208.24.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter in the previous 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, research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on AMZN. The Goldman Sachs Group reissued a “buy” rating on shares of Amazon.com in a report on Friday, August 1st. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Needham & Company LLC reaffirmed a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a report on Friday, August 1st. JMP Securities reaffirmed a “market outperform” rating and issued a $285.00 price target on shares of Amazon.com in a report on Friday, August 1st. Finally, Jefferies Financial Group upped their price target on shares of Amazon.com from $255.00 to $265.00 in a report on Wednesday, July 16th. Two 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 company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price 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.