Annis Gardner Whiting Capital Advisors LLC Sells 11,378 Shares of Amazon.com, Inc. $AMZN

Annis Gardner Whiting Capital Advisors LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 29.1% during the first quarter, HoldingsChannel.com reports. The fund owned 27,738 shares of the e-commerce giant’s stock after selling 11,378 shares during the quarter. Amazon.com accounts for approximately 2.2% of Annis Gardner Whiting Capital Advisors LLC’s holdings, making the stock its 5th largest holding. Annis Gardner Whiting Capital Advisors LLC’s holdings in Amazon.com were worth $5,278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Insider Buying and Selling at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction on Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider owned 897,722,088 shares of the company’s stock, valued at $201,816,902,603.28. This represents a 0.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Over the last 90 days, insiders sold 25,097,911 shares of company stock worth $5,676,032,574. Corporate insiders own 9.70% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Needham & Company LLC restated a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a report on Friday, August 1st. Citigroup reaffirmed an “overweight” rating on shares of Amazon.com in a research note on Wednesday, August 13th. Robert W. Baird upped their target price on Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Amazon.com in a research note on Friday, August 1st. Finally, Piper Sandler upped their target price on Amazon.com from $250.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $262.87.

Amazon.com Trading Down 1.4%

Shares of Amazon.com stock opened at $232.33 on Friday. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The firm has a market cap of $2.48 trillion, a PE ratio of 35.42, a P/E/G ratio of 1.58 and a beta of 1.30. The business’s fifty day moving average is $225.74 and its two-hundred day moving average is $208.13. 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 issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates 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% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.