Arlington Trust Co LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,641 shares of the e-commerce giant’s stock after selling 499 shares during the quarter. Amazon.com accounts for 1.2% of Arlington Trust Co LLC’s investment portfolio, making the stock its 15th biggest position. Arlington Trust Co LLC’s holdings in Amazon.com were worth $6,064,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Western Wealth Management LLC lifted its stake in shares of Amazon.com by 0.9% during the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock worth $26,660,000 after purchasing an additional 1,297 shares in the last quarter. Flaharty Asset Management LLC lifted its stake in shares of Amazon.com by 87.7% during the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock worth $968,000 after purchasing an additional 2,377 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Amazon.com during the first quarter worth about $514,000. Bearing Point Capital LLC acquired a new position in shares of Amazon.com during the fourth quarter worth about $12,014,000. Finally, Colonial Trust Co SC lifted its stake in shares of Amazon.com by 5.9% in the fourth quarter. Colonial Trust Co SC now owns 61,074 shares of the e-commerce giant’s stock worth $13,399,000 after acquiring an additional 3,413 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.
Insiders Place Their Bets
In related news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the transaction, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. This 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 at this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction 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 $26,548,039.20. This trade represents a 2.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574 in the last quarter. 9.70% of the stock is currently owned by insiders.
Amazon.com Stock Up 0.1%
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating 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 company had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. During the same period in the prior year, the company earned $1.26 earnings per share. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.
Wall Street Analysts Forecast Growth
AMZN has been the subject of a number of analyst reports. Zacks Research downgraded Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Monness Crespi & Hardt increased their price target on Amazon.com from $265.00 to $275.00 and gave the company a “buy” rating in a report on Friday, August 1st. Telsey Advisory Group reissued an “outperform” rating and issued a $265.00 price target on shares of Amazon.com in a report on Wednesday, August 13th. Royal Bank Of Canada boosted their price objective on Amazon.com from $230.00 to $240.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Finally, Robert W. Baird boosted their price objective on Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a report on Monday, July 21st. Two 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. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $263.30.
View Our Latest Stock Analysis on Amazon.com
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.
Read More
- Five stocks we like better than Amazon.com
- Business Services Stocks Investing
- Tesla: 2 Reasons to Love Musk’s $1B Buy, 1 Reason to Be Bearish
- What is a Low P/E Ratio and What Does it Tell Investors?
- Azure Leads While AI Excitement Fuels Microsoft Stock
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- Darden Restaurants: A Textbook Buy-the-Dip Opportunity
Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).
Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.