Amazon.com, Inc. $AMZN Shares Sold by Mirabaud & Cie SA

Mirabaud & Cie SA trimmed its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 33.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,175 shares of the e-commerce giant’s stock after selling 34,003 shares during the quarter. Amazon.com makes up about 4.6% of Mirabaud & Cie SA’s portfolio, making the stock its 7th largest holding. Mirabaud & Cie SA’s holdings in Amazon.com were worth $14,518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in AMZN. Brighton Jones LLC increased its position in Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after acquiring an additional 397,007 shares during the period. Revolve Wealth Partners LLC increased its position in Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after acquiring an additional 986 shares during the period. Bank Pictet & Cie Europe AG increased its position in Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after acquiring an additional 54,987 shares during the period. Highview Capital Management LLC DE increased its position in Amazon.com by 5.5% in the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after acquiring an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC acquired a new position in Amazon.com in the 4th quarter valued at approximately $2,153,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on AMZN shares. Monness Crespi & Hardt upped their price target on shares of Amazon.com from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, August 1st. DA Davidson upped their price target on shares of Amazon.com from $230.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Truist Financial upped their price target on shares of Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a research report on Tuesday. Westpark Capital reiterated a “buy” rating and set a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Finally, Citigroup reiterated an “overweight” rating on shares of Amazon.com in a research report on Wednesday, August 13th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Amazon.com presently has a consensus rating of “Buy” and an average target price of $263.30.

Amazon.com Stock Down 0.2%

Amazon.com stock opened at $231.23 on Friday. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The firm has a market capitalization of $2.47 trillion, a price-to-earnings ratio of 35.25, a price-to-earnings-growth ratio of 1.55 and a beta of 1.30. The firm’s fifty day moving average price is $227.68 and its two-hundred day moving average price is $209.23. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period last year, the firm earned $1.26 earnings per share. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP David Zapolsky sold 13,570 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer owned 49,000 shares of the company’s stock, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,097,911 shares of company stock valued at $5,676,032,574 over the last 90 days. 9.70% of the stock is currently owned by company insiders.

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.