Mn Services Vermogensbeheer B.V. cut its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 4.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,796,100 shares of the e-commerce giant’s stock after selling 120,300 shares during the period. Amazon.com makes up about 4.3% of Mn Services Vermogensbeheer B.V.’s holdings, making the stock its 3rd biggest position. Mn Services Vermogensbeheer B.V.’s holdings in Amazon.com were worth $613,436,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Castlekeep Investment Advisors LLC purchased a new position in Amazon.com in the fourth quarter valued at about $25,000. Cooksen Wealth LLC purchased a new position in Amazon.com in the first quarter valued at about $36,000. Inlight Wealth Management LLC purchased a new position in Amazon.com in the first quarter valued at about $40,000. Capitol Family Office Inc. bought a new stake in shares of Amazon.com during the 1st quarter worth about $42,000. Finally, Harbor Investment Advisory LLC boosted its stake in shares of Amazon.com by 0.7% during the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock worth $58,000 after acquiring an additional 2,145 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the business’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 completion of the transaction, the chief financial officer directly owned 49,000 shares of the company’s stock, valued at approximately $10,914,260. The trade was a 26.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Shelley Reynolds sold 2,715 shares of the business’s stock in a transaction dated 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 transaction, the vice president directly owned 119,780 shares of the company’s stock, valued at approximately $26,548,039.20. The trade was a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 25,097,911 shares of company stock worth $5,676,032,574. 9.70% of the stock is currently owned by company insiders.
Amazon.com Trading Down 0.2%
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results 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 return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. During the same period last year, the firm posted $1.26 EPS. The business’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.
Analyst Ratings Changes
Several analysts recently weighed in on the company. BMO Capital Markets increased their target price on Amazon.com from $270.00 to $280.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Robert W. Baird increased their target price on Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Roth Capital set a $250.00 price target on Amazon.com and gave the company a “buy” rating in a report on Tuesday, July 8th. Sanford C. Bernstein set a $235.00 price objective on Amazon.com and gave the stock an “outperform” rating in a research report on Tuesday, July 1st. Finally, Pivotal Research raised their price objective on Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $264.04.
View Our Latest Research Report on Amazon.com
About Amazon.com
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.
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