Okabena Investment Services Inc. Has $769,000 Stock Position in Amazon.com, Inc. $AMZN

Okabena Investment Services Inc. trimmed its position in Amazon.com, Inc. (NASDAQ:AMZN) by 60.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,042 shares of the e-commerce giant’s stock after selling 6,106 shares during the quarter. Okabena Investment Services Inc.’s holdings in Amazon.com were worth $769,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMZN. Nuveen LLC bought a new position in Amazon.com during the first quarter worth about $11,674,091,000. GAMMA Investing LLC lifted its holdings in shares of Amazon.com by 21,420.5% during the 1st quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant’s stock valued at $5,754,425,000 after purchasing an additional 30,104,520 shares in the last quarter. Capital World Investors lifted its holdings in shares of Amazon.com by 36.8% during the 4th quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant’s stock valued at $14,416,078,000 after purchasing an additional 17,681,004 shares in the last quarter. Northern Trust Corp lifted its stake in Amazon.com by 14.0% in the 4th quarter. Northern Trust Corp now owns 97,076,276 shares of the e-commerce giant’s stock valued at $21,297,564,000 after acquiring an additional 11,926,749 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Amazon.com by 21.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after acquiring an additional 10,176,835 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

AMZN has been the topic of a number of recent analyst reports. Canaccord Genuity Group reissued a “buy” rating and set a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. Deutsche Bank Aktiengesellschaft upped their target price on Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. Scotiabank upped their target price on Amazon.com from $250.00 to $275.00 and gave the company a “sector outperform” rating in a research report on Tuesday, July 22nd. DA Davidson upped their price objective on Amazon.com from $230.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Finally, Westpark Capital reaffirmed a “buy” rating and issued a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. 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, Amazon.com has an average rating of “Buy” and a consensus target price of $262.87.

Insider Buying and Selling at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction 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 directly 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 25,097,911 shares of company stock valued at $5,676,032,574 in the last three months. 9.70% of the stock is currently owned by insiders.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $229.95 on Friday. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The business’s fifty day simple moving average is $226.77 and its 200 day simple moving average is $208.52. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The firm has a market capitalization of $2.45 trillion, a P/E ratio of 35.05, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN) last released its earnings results 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. The business had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period last year, the business posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.