Generate Investment Management Ltd Decreases Stock Position in Amazon.com, Inc. $AMZN

Generate Investment Management Ltd cut its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 31.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 400,127 shares of the e-commerce giant’s stock after selling 182,620 shares during the period. Amazon.com comprises approximately 4.9% of Generate Investment Management Ltd’s holdings, making the stock its 3rd largest holding. Generate Investment Management Ltd’s holdings in Amazon.com were worth $87,784,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Carderock Capital Management Inc. bought a new stake in Amazon.com during the 2nd quarter worth approximately $27,000. Cooksen Wealth LLC bought a new position in Amazon.com in the 1st quarter valued at $36,000. Inlight Wealth Management LLC bought a new position in Amazon.com in the 1st quarter valued at $40,000. Maryland Capital Advisors Inc. boosted its position in Amazon.com by 81.9% in the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after buying an additional 95 shares during the last quarter. Finally, Capitol Family Office Inc. bought a new position in Amazon.com in the 1st quarter valued at $42,000. 72.20% of the stock is currently owned by institutional investors.

Insider Activity at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer 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 document filed with the SEC, which is available through this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president directly owned 119,780 shares in the company, valued at approximately $26,548,039.20. This represents a 2.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,597,911 shares of company stock valued at $2,652,463,783 over the last 90 days. Insiders own 10.80% of the company’s stock.

Wall Street Analyst Weigh In

AMZN has been the topic of a number of recent research reports. Moffett Nathanson increased their price objective on Amazon.com from $250.00 to $253.00 and gave the company a “buy” rating in a research report on Tuesday, June 24th. Piper Sandler increased their price objective on Amazon.com from $250.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. UBS Group reiterated a “buy” rating and issued a $271.00 price objective (up from $249.00) on shares of Amazon.com in a research report on Monday, July 28th. Morgan Stanley reiterated an “overweight” rating on shares of Amazon.com in a research report on Wednesday, September 10th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a research report on Thursday, September 11th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $266.26.

Amazon.com Stock Performance

AMZN stock opened at $216.37 on Monday. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The business’s 50-day moving average price is $225.94 and its two-hundred day moving average price is $211.97. The firm has a market cap of $2.31 trillion, a PE ratio of 32.98, a P/E/G ratio of 1.43 and a beta of 1.28. 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 released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. The company had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.Amazon.com’s revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Amazon.com 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.