First International Bank & Trust Sells 303 Shares of Amazon.com, Inc. $AMZN

First International Bank & Trust reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 7.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,530 shares of the e-commerce giant’s stock after selling 303 shares during the quarter. First International Bank & Trust’s holdings in Amazon.com were worth $774,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Cooksen Wealth LLC acquired a new stake in Amazon.com in the 1st quarter valued at $36,000. Inlight Wealth Management LLC acquired a new stake in Amazon.com in the 1st quarter valued at $40,000. Capitol Family Office Inc. acquired a new stake in Amazon.com in the 1st quarter valued at $42,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Amazon.com in the 1st quarter valued at $59,000. Finally, von Borstel & Associates Inc. acquired a new stake in Amazon.com in the 1st quarter valued at $66,000. 72.20% of the stock is owned by institutional investors.

Insider Activity at Amazon.com

In related news, VP Shelley Reynolds sold 2,715 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total value of $601,752.60. Following the completion of the transaction, the vice president directly owned 119,780 shares of the company’s stock, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the sale, the senior vice president owned 44,110 shares in the company, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,097,911 shares of company stock worth $5,676,032,574 in the last ninety days. Insiders own 9.70% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on AMZN shares. Evercore ISI reiterated an “outperform” rating and issued a $280.00 price target on shares of Amazon.com in a research note on Wednesday, August 13th. Bank of America lifted their price target on shares of Amazon.com from $265.00 to $272.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Pivotal Research lifted their price target on shares of Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, August 1st. BMO Capital Markets lifted their price target on shares of Amazon.com from $270.00 to $280.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Finally, Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a research note on Thursday, September 11th. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com has a consensus rating of “Buy” and a consensus price target of $263.30.

Amazon.com Stock Down 0.2%

Amazon.com stock opened at $231.23 on Friday. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The firm has a market capitalization 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. The firm’s fifty day moving average price is $227.68 and its two-hundred day moving average price is $209.23. 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 announced its earnings results 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 company had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Amazon.com Company 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.