Amazon.com, Inc. $AMZN Shares Sold by AMF Tjanstepension AB

AMF Tjanstepension AB trimmed its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 27.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,376,792 shares of the e-commerce giant’s stock after selling 906,034 shares during the period. Amazon.com comprises about 3.5% of AMF Tjanstepension AB’s investment portfolio, making the stock its 5th largest holding. AMF Tjanstepension AB’s holdings in Amazon.com were worth $521,444,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Sava Infond d.o.o. grew its stake in Amazon.com by 5.0% in the second quarter. Sava Infond d.o.o. now owns 121,190 shares of the e-commerce giant’s stock valued at $26,588,000 after acquiring an additional 5,810 shares during the period. Apexium Financial LP grew its stake in Amazon.com by 1.5% in the second quarter. Apexium Financial LP now owns 42,983 shares of the e-commerce giant’s stock valued at $9,430,000 after acquiring an additional 651 shares during the period. Pflug Koory LLC grew its stake in Amazon.com by 7.3% in the second quarter. Pflug Koory LLC now owns 8,057 shares of the e-commerce giant’s stock valued at $1,768,000 after acquiring an additional 546 shares during the period. Quent Capital LLC grew its stake in Amazon.com by 2.0% in the second quarter. Quent Capital LLC now owns 40,362 shares of the e-commerce giant’s stock valued at $8,855,000 after acquiring an additional 779 shares during the period. Finally, NTV Asset Management LLC grew its holdings in shares of Amazon.com by 5.3% during the second quarter. NTV Asset Management LLC now owns 33,072 shares of the e-commerce giant’s stock worth $7,256,000 after buying an additional 1,665 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on AMZN. JPMorgan Chase & Co. increased their price objective on Amazon.com from $255.00 to $265.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. UBS Group reiterated a “buy” rating and set a $271.00 price objective (up from $249.00) on shares of Amazon.com in a report on Monday, July 28th. Wells Fargo & Company upgraded Amazon.com from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $245.00 to $280.00 in a report on Wednesday, September 24th. BNP Paribas upgraded Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. Finally, BMO Capital Markets increased their price objective on Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Amazon.com currently has an average rating of “Buy” and an average price target of $266.26.

Amazon.com Stock Performance

AMZN opened at $216.48 on Tuesday. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The stock has a market cap of $2.31 trillion, a price-to-earnings ratio of 33.00, a PEG ratio of 1.41 and a beta of 1.28. The business has a 50 day moving average of $225.56 and a 200-day moving average of $213.20. The company has a quick ratio of 0.81, a current ratio of 1.02 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 (EPS) 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 company 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 earnings per share. The business’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Andrew R. Jassy sold 19,872 shares of the firm’s 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 sale, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $217.10, for a total value of $542,750.00. Following the transaction, the chief executive officer owned 515,507 shares in the company, valued at approximately $111,916,569.70. This trade represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,252,009 shares of company stock valued at $976,047,640. Insiders own 10.80% of the company’s stock.

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.