Kilter Group LLC Reduces Stake in Amazon.com, Inc. $AMZN

Kilter Group LLC reduced its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,606 shares of the e-commerce giant’s stock after selling 54 shares during the period. Amazon.com makes up about 0.6% of Kilter Group LLC’s investment portfolio, making the stock its 22nd biggest position. Kilter Group LLC’s holdings in Amazon.com were worth $876,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Castlekeep Investment Advisors LLC bought a new position in Amazon.com in the 4th quarter worth $25,000. Cooksen Wealth LLC bought a new stake in Amazon.com during the first quarter valued at about $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com during the first quarter valued at about $40,000. Capitol Family Office Inc. bought a new stake in Amazon.com during the first quarter valued at about $42,000. Finally, Harbor Investment Advisory LLC raised its holdings in Amazon.com by 0.7% during the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock valued at $58,000 after acquiring an additional 2,145 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction dated 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 owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold a total of 25,097,911 shares of company stock valued at $5,676,032,574 in the last ninety days. Company insiders own 10.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on AMZN. Monness Crespi & Hardt raised their price target on Amazon.com from $265.00 to $275.00 and gave the company a “buy” rating in a report on Friday, August 1st. Pivotal Research raised their price target on Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a report on Friday, August 1st. Westpark Capital reissued a “buy” rating and set a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. BMO Capital Markets lifted their target price on Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Finally, Rosenblatt Securities lifted their target price on Amazon.com from $288.00 to $297.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $262.87.

Amazon.com Trading Down 0.8%

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 P/E/G ratio of 1.53 and a beta of 1.31. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. 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 has a 50-day moving average of $226.87 and a 200 day moving average of $208.58.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion during 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 firm’s revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the business posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, research analysts forecast 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.