Midwest Heritage Bank FSB Trims Stock Position in Amazon.com, Inc. $AMZN

Midwest Heritage Bank FSB decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,775 shares of the e-commerce giant’s stock after selling 52 shares during the period. Midwest Heritage Bank FSB’s holdings in Amazon.com were worth $389,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Carderock Capital Management Inc. acquired a new stake in shares of Amazon.com in the 2nd quarter worth approximately $27,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the first quarter worth $36,000. Inlight Wealth Management LLC purchased a new position in shares of Amazon.com in the 1st quarter worth $40,000. Maryland Capital Advisors Inc. raised its position in shares of Amazon.com by 81.9% in the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 95 shares during the period. Finally, Capitol Family Office Inc. purchased a new position in shares of Amazon.com in the 1st quarter worth $42,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. BMO Capital Markets raised their price objective on Amazon.com from $270.00 to $280.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a research note on Thursday, September 11th. BNP Paribas upgraded Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 27th. JMP Securities reaffirmed a “market outperform” rating and set a $285.00 price target on shares of Amazon.com in a report on Friday, August 1st. Finally, UBS Group reissued a “buy” rating and set a $271.00 target price (up previously from $249.00) on shares of Amazon.com in a report on Monday, July 28th. Three analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Amazon.com presently has a consensus rating of “Buy” and a consensus target price of $266.26.

Insider Buying and Selling at Amazon.com

In other news, SVP David Zapolsky sold 13,570 shares of the company’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the transaction, the senior vice president owned 44,110 shares of the company’s stock, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Matthew S. Garman sold 17,785 shares of the company’s stock in a transaction dated 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 transaction, 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 disclosure for this sale can be found here. Insiders have sold 14,040,098 shares of company stock valued at $3,204,129,405 in the last three months. Company insiders own 9.70% of the company’s stock.

Amazon.com Stock Up 1.1%

AMZN stock opened at $227.74 on Friday. 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, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company has a fifty day simple moving average of $225.90 and a 200 day simple moving average of $211.75. The firm has a market cap of $2.43 trillion, a PE ratio of 34.72, a PEG ratio of 1.51 and a beta of 1.28.

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