Acropolis Investment Management LLC Reduces Position in Amazon.com, Inc. $AMZN

Acropolis Investment Management LLC cut its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,922 shares of the e-commerce giant’s stock after selling 423 shares during the quarter. Acropolis Investment Management LLC’s holdings in Amazon.com were worth $5,687,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in AMZN. Castlekeep Investment Advisors LLC purchased a new stake in Amazon.com in the fourth quarter valued at $25,000. Carderock Capital Management Inc. purchased a new stake in Amazon.com in the second quarter valued at $27,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com in the first quarter worth about $36,000. Inlight Wealth Management LLC acquired a new position in shares of Amazon.com in the first quarter worth about $40,000. Finally, Capitol Family Office Inc. acquired a new position in shares of Amazon.com in the first quarter worth about $42,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

Amazon.com stock opened at $219.57 on Wednesday. The firm has a 50 day simple moving average of $227.14 and a 200-day simple moving average of $210.58. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The stock has a market cap of $2.34 trillion, a price-to-earnings ratio of 33.47, a price-to-earnings-growth ratio of 1.48 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter in the prior year, the company posted $1.26 EPS. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analysts Set New Price Targets

AMZN has been the subject of a number of analyst reports. BMO Capital Markets upped their price objective 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. Citigroup reiterated an “overweight” rating on shares of Amazon.com in a research report on Wednesday, August 13th. JMP Securities reiterated a “market outperform” rating and issued a $285.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Monness Crespi & Hardt upped their price objective on shares of Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Finally, Bank of America upped their price objective on shares of Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com presently has an average rating of “Buy” and an average target price of $265.09.

Insiders Place Their Bets

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value 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 $10,914,260. This represents a 26.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the transaction, the vice president directly owned 119,780 shares of the company’s stock, valued at $26,548,039.20. The trade was a 2.22% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 21,770,485 shares of company stock worth $4,938,795,968. 10.80% of the stock is currently owned by company insiders.

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.