Itau Unibanco Holding S.A. lowered its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 47.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 191,335 shares of the e-commerce giant’s stock after selling 174,540 shares during the period. Amazon.com accounts for about 1.4% of Itau Unibanco Holding S.A.’s investment portfolio, making the stock its 20th largest position. Itau Unibanco Holding S.A.’s holdings in Amazon.com were worth $36,403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently bought and sold shares of the company. Bare Financial Services Inc lifted its stake in Amazon.com by 5.4% in the first quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after acquiring an additional 48 shares during the period. Talisman Wealth Advisors LLC lifted its stake in Amazon.com by 1.2% in the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant’s stock worth $1,020,000 after acquiring an additional 53 shares during the period. SWAN Capital LLC lifted its stake in Amazon.com by 3.1% in the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant’s stock worth $396,000 after acquiring an additional 55 shares during the period. Hamel Associates Inc. lifted its stake in Amazon.com by 1.4% in the first quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant’s stock worth $780,000 after acquiring an additional 55 shares during the period. Finally, CWC Advisors LLC. lifted its stake in Amazon.com by 3.1% in the fourth quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant’s stock worth $411,000 after acquiring an additional 56 shares during the period. Institutional investors own 72.20% of the company’s stock.
Insider Activity at Amazon.com
In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction that occurred 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 completion of 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 position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last ninety days, insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574. Company insiders own 9.70% of the company’s stock.
Amazon.com Stock Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s revenue was up 13.3% on a year-over-year basis. During the same period last year, the firm posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.
Wall Street Analysts Forecast Growth
Several analysts have commented on the stock. Scotiabank increased their price target on shares of Amazon.com from $250.00 to $275.00 and gave the company a “sector outperform” rating in a research report on Tuesday, July 22nd. Telsey Advisory Group reiterated an “outperform” rating and set a $265.00 price objective on shares of Amazon.com in a research note on Wednesday, August 13th. BNP Paribas upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 27th. Stifel Nicolaus boosted their price objective on shares of Amazon.com from $245.00 to $262.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Finally, 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. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of “Buy” and a consensus price target of $262.87.
Check Out Our Latest Research Report on AMZN
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.
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