Westwood Holdings Group Inc. Reduces Stake in Amazon.com, Inc. $AMZN

Westwood Holdings Group Inc. lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 5.0% in the 1st quarter, HoldingsChannel reports. The fund owned 229,037 shares of the e-commerce giant’s stock after selling 12,033 shares during the period. Westwood Holdings Group Inc.’s holdings in Amazon.com were worth $43,577,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Price T Rowe Associates Inc. MD increased its position in shares of Amazon.com by 2.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 182,813,905 shares of the e-commerce giant’s stock valued at $40,107,544,000 after purchasing an additional 4,087,933 shares during the last quarter. Northern Trust Corp increased its position in shares of Amazon.com by 14.0% during the 4th quarter. Northern Trust Corp now owns 97,076,276 shares of the e-commerce giant’s stock valued at $21,297,564,000 after purchasing an additional 11,926,749 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Amazon.com by 14.1% during the 4th 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 valued at $14,474,471,000 after purchasing an additional 8,142,030 shares during the last quarter. Capital World Investors increased its position in shares of Amazon.com by 36.8% during the 4th quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant’s stock valued at $14,416,078,000 after purchasing an additional 17,681,004 shares during the last quarter. Finally, Capital International Investors increased its position in shares of Amazon.com by 26.5% during the 4th quarter. Capital International Investors now owns 57,268,523 shares of the e-commerce giant’s stock valued at $12,564,961,000 after purchasing an additional 12,000,745 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

AMZN has been the subject of several analyst reports. Royal Bank Of Canada raised their price objective on shares of Amazon.com from $230.00 to $240.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Citizens Jmp initiated coverage on shares of Amazon.com in a research note on Thursday, July 10th. They issued a “strong-buy” rating for the company. Zacks Research downgraded shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Sanford C. Bernstein set a $235.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a research note on Tuesday, July 1st. Finally, Truist Financial raised their price objective on shares of Amazon.com from $226.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, July 2nd. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $262.87.

Amazon.com Price Performance

Shares of AMZN stock opened at $232.33 on Friday. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The stock has a market capitalization of $2.48 trillion, a price-to-earnings ratio of 35.42, a P/E/G ratio of 1.58 and a beta of 1.30. The stock has a fifty day simple moving average of $225.74 and a two-hundred day simple moving average of $208.13. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping 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 business had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. During the same period in the prior year, the business earned $1.26 EPS. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction 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. This trade represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders have sold 25,097,911 shares of company stock worth $5,676,032,574 over the last 90 days. Company insiders own 9.70% 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.