Advisors Asset Management Inc. Sells 4,952 Shares of Amazon.com, Inc. $AMZN

Advisors Asset Management Inc. lowered its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 828,034 shares of the e-commerce giant’s stock after selling 4,952 shares during the period. Amazon.com accounts for 3.0% of Advisors Asset Management Inc.’s investment portfolio, making the stock its largest position. Advisors Asset Management Inc.’s holdings in Amazon.com were worth $157,542,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Castlekeep Investment Advisors LLC acquired a new position in Amazon.com during the fourth quarter worth $25,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com in the 1st quarter valued at $36,000. Inlight Wealth Management LLC acquired a new position in shares of Amazon.com in the 1st quarter valued at $40,000. Capitol Family Office Inc. acquired a new position in shares of Amazon.com in the 1st quarter valued at $42,000. Finally, Harbor Investment Advisory LLC lifted its stake in shares of Amazon.com by 0.7% in the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock valued at $58,000 after purchasing an additional 2,145 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 2,715 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the sale, the vice president owned 119,780 shares in the company, valued at $26,548,039.20. This represents a 2.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the sale, the chief financial officer owned 49,000 shares in the company, valued at approximately $10,914,260. This trade represents a 26.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,097,911 shares of company stock worth $5,676,032,574 over the last quarter. 9.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on AMZN shares. Pivotal Research upped their price target on Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $280.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Morgan Stanley reaffirmed an “overweight” rating on shares of Amazon.com in a research note on Wednesday. Sanford C. Bernstein set a $235.00 price target on Amazon.com and gave the company an “outperform” rating in a research note on Tuesday, July 1st. Finally, Jefferies Financial Group upped their price target on Amazon.com from $255.00 to $265.00 in a research note on Wednesday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $262.87.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $228.15 on Friday. The stock’s 50-day moving average is $226.87 and its two-hundred day moving average is $208.62. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The company has a market cap of $2.43 trillion, a price-to-earnings ratio of 34.78, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping 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 company had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the prior year, the business earned $1.26 EPS. Amazon.com’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Analysts forecast that Amazon.com, Inc. will post 6.31 EPS 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.