Mn Services Vermogensbeheer B.V. Cuts Holdings in Amazon.com, Inc. (NASDAQ:AMZN)
Mn Services Vermogensbeheer B.V. lowered its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 2,916,400 shares of the e-commerce giant's stock after selling 226,900 shares during the quarter. Amazon.com accounts for 4.3% of Mn Services Vermogensbeheer B.V.'s holdings, making the stock its 3rd biggest holding. Mn Services Vermogensbeheer B.V.'s holdings in Amazon.com were worth $554,874,000 as of its most recent filing with the SEC.
Several other large investors have also recently modified their holdings of AMZN. Norges Bank bought a new position in Amazon.com in the 4th quarter valued at $27,266,582,000. GAMMA Investing LLC grew its position in Amazon.com by 21,420.5% in the 1st quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock valued at $5,754,425,000 after acquiring an additional 30,104,520 shares during the last quarter. Capital World Investors grew its position in 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 valued at $14,416,078,000 after acquiring an additional 17,681,004 shares during the last quarter. Vanguard Group Inc. grew its position in Amazon.com by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock valued at $180,637,081,000 after acquiring an additional 17,635,391 shares during the last quarter. Finally, Proficio Capital Partners LLC grew its position in Amazon.com by 17,054.5% in the 4th quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant's stock valued at $2,652,116,000 after acquiring an additional 12,018,120 shares during the last quarter. Institutional investors own 72.20% of the company's stock.
Amazon.com stock opened at $220.46 on Wednesday. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52. The stock has a market cap of $2.34 trillion, a PE ratio of 35.91, a price-to-earnings-growth ratio of 1.65 and a beta of 1.33. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.84 and a current ratio of 1.05. The stock has a 50-day moving average of $204.25 and a two-hundred day moving average of $208.75.
Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.21. The firm had revenue of $155.67 billion during the quarter, compared to analysts' expectations of $154.96 billion. Amazon.com had a return on equity of 24.14% and a net margin of 10.14%. The company's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period last year, the business posted $0.98 earnings per share. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.
In related news, VP Shelley Reynolds sold 2,695 shares of the firm's stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $200.79, for a total transaction of $541,129.05. Following the sale, the vice president directly owned 119,780 shares of the company's stock, valued at $24,050,626.20. This trade represents a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of the firm's stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $201.57, for a total value of $3,577,867.50. Following the sale, the chief financial officer directly owned 49,000 shares in the company, valued at approximately $9,876,930. This trade represents a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,424,463 shares of company stock valued at $756,747,557 over the last 90 days. Company insiders own 10.80% of the company's stock.
AMZN has been the topic of several research analyst reports. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $235.00 price objective on shares of Amazon.com in a research report on Friday, May 2nd. BNP Paribas Exane raised Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 price objective on the stock in a research report on Friday, June 27th. Barclays cut their price objective on Amazon.com from $265.00 to $240.00 and set an "overweight" rating on the stock in a research report on Friday, May 2nd. Stifel Nicolaus cut their price objective on Amazon.com from $248.00 to $245.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Finally, BNP Paribas upgraded Amazon.com from a "hold" rating to a "strong-buy" rating in a report on Friday, June 27th. Three research analysts have rated the stock with a hold rating, forty-five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $245.81.
View Our Latest Research Report on 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.
Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Amazon.com, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amazon.com wasn't on the list.
While Amazon.com currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
