First Bank & Trust Reduces Holdings in Amazon.com, Inc. $AMZN

First Bank & Trust trimmed its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,062 shares of the e-commerce giant’s stock after selling 377 shares during the quarter. Amazon.com makes up about 1.1% of First Bank & Trust’s holdings, making the stock its 16th biggest position. First Bank & Trust’s holdings in Amazon.com were worth $5,937,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Western Wealth Management LLC increased its holdings in shares of Amazon.com by 0.9% in the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after purchasing an additional 1,297 shares during the period. Flaharty Asset Management LLC grew its position in Amazon.com by 87.7% in the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after buying an additional 2,377 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in Amazon.com in the 1st quarter valued at $514,000. Colonial Trust Co SC grew its position in Amazon.com by 5.9% in the 4th quarter. Colonial Trust Co SC now owns 61,074 shares of the e-commerce giant’s stock valued at $13,399,000 after buying an additional 3,413 shares during the last quarter. Finally, McIlrath & Eck LLC grew its position in Amazon.com by 8.8% in the 4th quarter. McIlrath & Eck LLC now owns 18,498 shares of the e-commerce giant’s stock valued at $4,058,000 after buying an additional 1,490 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Stock Up 0.1%

Shares of Amazon.com stock opened at $231.48 on Monday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm has a market cap of $2.47 trillion, a P/E ratio of 35.29, a P/E/G ratio of 1.55 and a beta of 1.31. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The business has a 50-day moving average price of $227.81 and a 200 day moving average price of $209.49.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity at Amazon.com

In other news, CEO Matthew S. Garman sold 17,785 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the sale, the chief executive officer owned 3,138 shares of the company’s stock, valued at approximately $695,286.66. The trade was a 85.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the sale, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574. Company insiders own 10.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on AMZN. Deutsche Bank Aktiengesellschaft increased their price target on shares of Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. Citizens Jmp initiated coverage on Amazon.com in a research report on Thursday, July 10th. They set a “strong-buy” rating on the stock. Evercore ISI restated an “outperform” rating and issued a $280.00 price target on shares of Amazon.com in a research note on Wednesday, August 13th. JPMorgan Chase & Co. increased their price target on shares of Amazon.com from $255.00 to $265.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Finally, BNP Paribas upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $263.30.

About Amazon.com

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.