Robeco Institutional Asset Management B.V. Sells 2,090,891 Shares of Amazon.com, Inc. $AMZN

Robeco Institutional Asset Management B.V. cut its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 21.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,564,927 shares of the e-commerce giant’s stock after selling 2,090,891 shares during the period. Amazon.com makes up about 2.7% of Robeco Institutional Asset Management B.V.’s holdings, making the stock its 4th biggest position. Robeco Institutional Asset Management B.V. owned 0.07% of Amazon.com worth $1,659,669,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of AMZN. Vanguard Group Inc. raised its position in Amazon.com by 1.1% during the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after buying an additional 8,913,959 shares during the period. Kingstone Capital Partners Texas LLC increased its holdings 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 last quarter. Northern Trust Corp increased its holdings in shares of Amazon.com by 0.3% during the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock valued at $18,527,354,000 after acquiring an additional 302,858 shares during the last quarter. Nuveen LLC acquired a new position in shares of Amazon.com during the 1st quarter valued at about $11,674,091,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Amazon.com by 1.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant’s stock valued at $11,461,952,000 after acquiring an additional 605,415 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. DA Davidson increased their price objective on Amazon.com from $230.00 to $265.00 and gave the company a “buy” rating in a report on Friday, August 1st. JPMorgan Chase & Co. increased their target price on Amazon.com from $255.00 to $265.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Monness Crespi & Hardt increased their target price on Amazon.com from $265.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Rosenblatt Securities increased their target price on Amazon.com from $288.00 to $297.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Finally, Bank of America increased their target price on Amazon.com from $265.00 to $272.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $266.26.

Insiders Place Their Bets

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $227.77, for a total value of $973,315,191.49. Following the completion of the transaction, the insider directly owned 890,273,469 shares of the company’s stock, valued at approximately $202,777,588,034.13. This represents a 0.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the transaction, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 10,864,716 shares of company stock worth $2,486,013,854 in the last 90 days. 9.70% of the stock is owned by corporate insiders.

Amazon.com Trading Down 0.5%

Amazon.com stock opened at $214.47 on Friday. The business has a 50 day moving average price of $225.85 and a two-hundred day moving average price of $212.38. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The stock has a market cap of $2.29 trillion, a price-to-earnings ratio of 32.69, a price-to-earnings-growth ratio of 1.43 and a beta of 1.28. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month 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, beating the consensus estimate 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 quarter in the prior year, the firm posted $1.26 EPS. The company’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. As a group, equities 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.