Amazon.com, Inc. $AMZN is Westbourne Investments Inc.’s 4th Largest Position

Westbourne Investments Inc. trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,156 shares of the e-commerce giant’s stock after selling 1,054 shares during the quarter. Amazon.com accounts for approximately 4.0% of Westbourne Investments Inc.’s investment portfolio, making the stock its 4th biggest position. Westbourne Investments Inc.’s holdings in Amazon.com were worth $6,689,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Castlekeep Investment Advisors LLC purchased a new position in Amazon.com during the 4th quarter valued at about $25,000. Cooksen Wealth LLC acquired a new stake in Amazon.com in the 1st quarter valued at about $36,000. Inlight Wealth Management LLC acquired a new stake in Amazon.com in the 1st quarter valued at about $40,000. Capitol Family Office Inc. acquired a new stake in Amazon.com in the 1st quarter valued at about $42,000. Finally, Harbor Investment Advisory LLC raised its position 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 purchasing an additional 2,145 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Trading Down 0.8%

NASDAQ:AMZN opened at $228.15 on Monday. The firm has a market cap of $2.43 trillion, a P/E ratio of 34.78, a PEG ratio of 1.53 and a beta of 1.31. 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 stock’s 50 day simple moving average is $226.87 and its 200-day simple moving average is $208.58. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52.

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, beating analysts’ consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Transactions at Amazon.com

In related news, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the sale, the senior vice president directly owned 44,110 shares in the company, valued at $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Shelley Reynolds sold 2,715 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total value of $601,752.60. Following the completion of the sale, the vice president owned 119,780 shares in the company, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. 10.80% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Royal Bank Of Canada increased their price target on Amazon.com from $230.00 to $240.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Cowen reaffirmed a “buy” rating on shares of Amazon.com in a research report on Friday, August 1st. Zacks Research lowered Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $265.00 price target on shares of Amazon.com in a research report on Wednesday, August 13th. Finally, Wall Street Zen raised Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Amazon.com 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.