Amazon.com, Inc. $AMZN Shares Sold by Legacy Private Trust Co.

Legacy Private Trust Co. lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 1.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,165 shares of the e-commerce giant’s stock after selling 1,679 shares during the period. Amazon.com accounts for approximately 1.4% of Legacy Private Trust Co.’s portfolio, making the stock its 14th largest position. Legacy Private Trust Co.’s holdings in Amazon.com were worth $21,536,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Brighton Jones LLC boosted its stake in shares of Amazon.com by 10.9% during the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after buying an additional 397,007 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of Amazon.com by 4.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock worth $5,495,000 after buying an additional 986 shares during the period. Bank Pictet & Cie Europe AG boosted its stake in shares of Amazon.com by 2.8% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock worth $442,481,000 after buying an additional 54,987 shares during the period. Highview Capital Management LLC DE boosted its stake in shares of Amazon.com by 5.5% during the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock worth $6,357,000 after buying an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth about $2,153,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Citizens Jmp assumed coverage on shares of Amazon.com in a research note on Thursday, July 10th. They set a “strong-buy” rating for the company. Rosenblatt Securities increased their price target on shares of Amazon.com from $288.00 to $297.00 and gave the stock a “buy” rating in a report on Friday, August 1st. UBS Group reissued a “buy” rating and set a $271.00 price target (up from $249.00) on shares of Amazon.com in a report on Monday, July 28th. Zacks Research cut shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Finally, JPMorgan Chase & Co. increased their price target on shares of Amazon.com from $255.00 to $265.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Two investment 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 company. According to MarketBeat, Amazon.com currently has a consensus rating of “Buy” and an average price target of $263.30.

Amazon.com Trading Down 0.2%

Shares of AMZN opened at $231.23 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The firm has a 50 day simple moving average of $227.68 and a 200-day simple moving average of $209.23. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The stock has a market cap of $2.47 trillion, a price-to-earnings ratio of 35.25, a price-to-earnings-growth ratio of 1.55 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data 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 net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. During the same period last year, the company posted $1.26 EPS. The company’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm’s 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 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 at this hyperlink. Over the last three months, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. Company insiders own 9.70% of the company’s stock.

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.