Sunflower Bank N.A. Lowers Stock Holdings in Amazon.com, Inc. $AMZN

Sunflower Bank N.A. reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 4.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,570 shares of the e-commerce giant’s stock after selling 451 shares during the quarter. Amazon.com accounts for 0.6% of Sunflower Bank N.A.’s investment portfolio, making the stock its 20th biggest holding. Sunflower Bank N.A.’s holdings in Amazon.com were worth $2,319,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the business. Sovran Advisors LLC raised its holdings in Amazon.com by 3.2% during the second quarter. Sovran Advisors LLC now owns 41,401 shares of the e-commerce giant’s stock worth $9,082,000 after purchasing an additional 1,294 shares during the last quarter. Financial Management Network Inc. grew its position in shares of Amazon.com by 1.3% in the second quarter. Financial Management Network Inc. now owns 28,002 shares of the e-commerce giant’s stock valued at $6,256,000 after purchasing an additional 361 shares during the period. Chickasaw Capital Management LLC grew its position in shares of Amazon.com by 4.0% in the second quarter. Chickasaw Capital Management LLC now owns 31,014 shares of the e-commerce giant’s stock valued at $6,804,000 after purchasing an additional 1,185 shares during the period. Jackson Square Capital LLC grew its position in Amazon.com by 26.2% during the second quarter. Jackson Square Capital LLC now owns 82,560 shares of the e-commerce giant’s stock valued at $18,113,000 after acquiring an additional 17,115 shares during the period. Finally, Sivia Capital Partners LLC grew its position in Amazon.com by 14.6% during the second quarter. Sivia Capital Partners LLC now owns 40,815 shares of the e-commerce giant’s stock valued at $8,954,000 after acquiring an additional 5,214 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AMZN has been the subject of several analyst reports. Monness Crespi & Hardt upped their target price on Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Pivotal Research upped their price objective on Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Roth Capital set a $250.00 target price on Amazon.com and gave the company a “buy” rating in a report on Tuesday, July 8th. Scotiabank upped their target price on Amazon.com from $250.00 to $275.00 and gave the company a “sector outperform” rating in a report on Tuesday, July 22nd. Finally, Citigroup reissued an “overweight” rating on shares of Amazon.com in a report on Wednesday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $264.04.

Insider Buying and Selling at Amazon.com

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

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $220.21 on Thursday. The stock has a market cap of $2.35 trillion, a PE ratio of 33.57, a price-to-earnings-growth ratio of 1.47 and a beta of 1.30. The business has a fifty day simple moving average of $227.68 and a 200-day simple moving average of $209.83. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52.

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

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.