AlTi Global Inc. Lowers Stock Position in Amazon.com, Inc. $AMZN

AlTi Global Inc. decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 11.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,349 shares of the e-commerce giant’s stock after selling 11,218 shares during the quarter. Amazon.com accounts for about 0.4% of AlTi Global Inc.’s holdings, making the stock its 26th biggest position. AlTi Global Inc.’s holdings in Amazon.com were worth $16,049,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Castlekeep Investment Advisors LLC purchased a new stake in shares of Amazon.com during the 4th quarter worth approximately $25,000. Cooksen Wealth LLC purchased a new stake in Amazon.com in the 1st quarter valued at approximately $36,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com in the 1st quarter valued at approximately $40,000. Capitol Family Office Inc. purchased a new stake in Amazon.com in the 1st quarter valued at approximately $42,000. Finally, Harbor Investment Advisory LLC lifted its stake in 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 buying an additional 2,145 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insiders Place Their Bets

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the 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 transaction, the insider owned 897,722,088 shares of the company’s stock, valued at approximately $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last three months, insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574. Corporate insiders own 9.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on AMZN shares. Wall Street Zen raised Amazon.com from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Morgan Stanley reaffirmed an “overweight” rating on shares of Amazon.com in a research note on Wednesday. Bank of America upped their target price on Amazon.com from $265.00 to $272.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Susquehanna upped their target price on Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a research note on Friday, August 1st. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $265.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Amazon.com has a consensus rating of “Buy” and an average target price of $262.87.

Amazon.com Trading Down 0.8%

Shares of AMZN opened at $228.15 on Friday. The stock has a fifty day moving average of $226.87 and a two-hundred day moving average of $208.62. 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 company has a market capitalization of $2.43 trillion, a PE ratio of 34.78, a price-to-earnings-growth ratio of 1.54 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.

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