Chico Wealth RIA Sells 58 Shares of Amazon.com, Inc. $AMZN

Chico Wealth RIA trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,893 shares of the e-commerce giant’s stock after selling 58 shares during the quarter. Amazon.com accounts for about 0.3% of Chico Wealth RIA’s portfolio, making the stock its 21st largest position. Chico Wealth RIA’s holdings in Amazon.com were worth $415,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of AMZN. Vanguard Group Inc. lifted its position in shares of Amazon.com by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after acquiring an additional 8,913,959 shares during the period. Kingstone Capital Partners Texas LLC lifted its position in shares of Amazon.com by 542,733.6% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after acquiring an additional 132,616,953 shares during the period. Northern Trust Corp raised its holdings in Amazon.com by 0.3% during the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock worth $18,527,354,000 after buying an additional 302,858 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Amazon.com by 14.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 65,975,984 shares of the e-commerce giant’s stock worth $14,474,471,000 after buying an additional 8,142,030 shares during the last quarter. Finally, Nuveen LLC bought a new stake in shares of Amazon.com in the 1st quarter worth $11,674,091,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Trading Up 1.1%

Shares of AMZN opened at $222.17 on Tuesday. The firm’s 50 day simple moving average is $227.30 and its 200 day simple moving average is $210.52. The company has a market capitalization of $2.37 trillion, a P/E ratio of 33.87, a P/E/G ratio of 1.47 and a beta of 1.31. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52.

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

Insider Activity at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction on Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares of the company’s stock, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have sold 21,770,485 shares of company stock valued at $4,938,795,968 over the last quarter. 10.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Citigroup restated an “overweight” rating on shares of Amazon.com in a research report on Wednesday, August 13th. Truist Financial increased their target price on shares of Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a research report on Tuesday, September 16th. BMO Capital Markets increased their target price on shares of Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Scotiabank increased their target price on shares of Amazon.com from $250.00 to $275.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, July 22nd. Finally, JMP Securities reissued a “market outperform” rating and issued a $285.00 price target on shares of Amazon.com in a 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. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $264.13.

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.