Emprise Bank Trims Stock Position in Amazon.com, Inc. $AMZN

Emprise Bank cut its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,715 shares of the e-commerce giant’s stock after selling 173 shares during the quarter. Amazon.com makes up approximately 1.7% of Emprise Bank’s holdings, making the stock its 13th biggest holding. Emprise Bank’s holdings in Amazon.com were worth $3,448,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of AMZN. Bare Financial Services Inc increased its holdings in Amazon.com by 5.4% in the first quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock valued at $177,000 after buying an additional 48 shares in the last quarter. Talisman Wealth Advisors LLC increased its holdings in Amazon.com by 1.2% in the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant’s stock valued at $1,020,000 after buying an additional 53 shares in the last quarter. SWAN Capital LLC increased its holdings in Amazon.com by 3.1% in the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant’s stock valued at $396,000 after buying an additional 55 shares in the last quarter. Hamel Associates Inc. increased its holdings in Amazon.com by 1.4% in the first quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant’s stock valued at $780,000 after buying an additional 55 shares in the last quarter. Finally, Clifford Group LLC increased its stake in shares of Amazon.com by 0.4% during the first quarter. Clifford Group LLC now owns 13,605 shares of the e-commerce giant’s stock worth $2,589,000 after purchasing an additional 55 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Matthew S. Garman sold 17,785 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the sale, the chief executive officer directly owned 3,138 shares of the company’s stock, valued at $695,286.66. This represents a 85.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total transaction of $558,725.00. Following the sale, the chief executive officer directly owned 518,007 shares in the company, valued at approximately $115,769,384.43. The trade was a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,097,911 shares of company stock worth $5,676,032,574. Insiders own 10.80% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on AMZN. Susquehanna boosted their target price on shares of Amazon.com from $225.00 to $260.00 and gave the stock a “positive” rating in a research note on Friday, August 1st. JPMorgan Chase & Co. boosted their target price on shares of Amazon.com from $255.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Truist Financial boosted their target price on shares of Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a research note on Tuesday, September 16th. Piper Sandler boosted their target price on shares of Amazon.com from $250.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Finally, BMO Capital Markets boosted their target price on shares of Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $263.30.

Amazon.com Price Performance

Amazon.com stock opened at $231.48 on Monday. The company’s 50 day simple moving average is $227.81 and its 200-day simple moving average is $209.49. The company has a market capitalization of $2.47 trillion, a price-to-earnings ratio of 35.29, a price-to-earnings-growth ratio of 1.55 and a beta of 1.31. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN) 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. The business had revenue of $167.70 billion for 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 business’s revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect 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.