Next Century Growth Investors LLC Reduces Stock Holdings in Amazon.com, Inc. $AMZN

Next Century Growth Investors LLC reduced its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 13.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 49,699 shares of the e-commerce giant’s stock after selling 7,959 shares during the period. Next Century Growth Investors LLC’s holdings in Amazon.com were worth $9,456,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Oak Associates Ltd. OH lifted its stake in shares of Amazon.com by 3.4% in the 1st quarter. Oak Associates Ltd. OH now owns 590,703 shares of the e-commerce giant’s stock valued at $112,387,000 after purchasing an additional 19,585 shares during the period. Oarsman Capital Inc. lifted its stake in shares of Amazon.com by 10.7% in the 1st quarter. Oarsman Capital Inc. now owns 25,817 shares of the e-commerce giant’s stock valued at $4,912,000 after purchasing an additional 2,486 shares during the period. Broyhill Asset Management LLC lifted its stake in shares of Amazon.com by 4.0% in the 1st quarter. Broyhill Asset Management LLC now owns 3,214 shares of the e-commerce giant’s stock valued at $611,000 after purchasing an additional 125 shares during the period. Truvestments Capital LLC lifted its stake in shares of Amazon.com by 13.7% in the 1st quarter. Truvestments Capital LLC now owns 9,119 shares of the e-commerce giant’s stock valued at $1,735,000 after purchasing an additional 1,096 shares during the period. Finally, Wealth Preservation Advisors LLC acquired a new position in shares of Amazon.com in the 1st quarter valued at $16,484,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Trading Down 0.2%

Shares of AMZN stock opened at $229.95 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The firm has a market cap of $2.45 trillion, a PE ratio of 35.05, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30. The company has a 50-day moving average of $226.77 and a two-hundred day moving average of $208.52. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52.

Amazon.com (NASDAQ:AMZN) last issued its quarterly 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. The business had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity at Amazon.com

In other news, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the transaction, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total transaction of $558,725.00. Following the completion of the transaction, the chief executive officer owned 518,007 shares in the company, valued at approximately $115,769,384.43. This trade represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574 in the last quarter. Company insiders own 9.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on AMZN shares. JMP Securities reiterated a “market outperform” rating and issued a $285.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Bank of America boosted their target price on shares of Amazon.com from $265.00 to $272.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Telsey Advisory Group reiterated an “outperform” rating and issued a $265.00 target price on shares of Amazon.com in a research note on Wednesday, August 13th. Moffett Nathanson upped their price objective on shares of Amazon.com from $250.00 to $253.00 and gave the stock a “buy” rating in a research report on Tuesday, June 24th. Finally, BNP Paribas Exane upgraded shares of Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 price objective for the company in a research report on Friday, June 27th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $262.87.

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.