Coastline Trust Co Raises Stake in Amazon.com, Inc. $AMZN

Coastline Trust Co raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 130,290 shares of the e-commerce giant’s stock after buying an additional 150 shares during the quarter. Amazon.com comprises about 3.3% of Coastline Trust Co’s holdings, making the stock its 7th largest position. Coastline Trust Co’s holdings in Amazon.com were worth $28,584,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Carderock Capital Management Inc. purchased a new position in shares of Amazon.com in the second quarter valued at $27,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com in the first quarter valued at $36,000. Inlight Wealth Management LLC purchased a new position in shares of Amazon.com in the first quarter valued at $40,000. Capitol Family Office Inc. purchased a new position in shares of Amazon.com in the first quarter valued at $42,000. Finally, Maryland Capital Advisors Inc. grew its position in shares of Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 95 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Insider Transactions at Amazon.com

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the sale, the chief financial officer owned 49,000 shares of the company’s stock, valued at approximately $10,914,260. The trade was a 26.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Matthew S. Garman sold 17,785 shares of the business’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the sale, the chief executive officer directly owned 3,138 shares of the company’s stock, valued at approximately $695,286.66. This trade represents a 85.00% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 14,040,098 shares of company stock worth $3,204,129,405. Company insiders own 9.70% of the company’s stock.

Amazon.com Price Performance

AMZN opened at $216.37 on Friday. The stock has a 50-day moving average price of $225.94 and a 200-day moving average price of $211.90. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $2.31 trillion, a P/E ratio of 32.98, a PEG ratio of 1.43 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm 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 business earned $1.26 EPS. The company’s revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. UBS Group reiterated a “buy” rating and issued a $271.00 price target (up from $249.00) on shares of Amazon.com in a research report on Monday, July 28th. BMO Capital Markets lifted their price target on Amazon.com from $270.00 to $280.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Moffett Nathanson lifted their price target on Amazon.com from $250.00 to $253.00 and gave the company a “buy” rating in a research report on Tuesday, June 24th. Barclays lifted their price target on Amazon.com from $240.00 to $275.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Finally, Wedbush reiterated an “outperform” rating and issued a $250.00 price target on shares of Amazon.com in a research report on Friday, September 19th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $266.26.

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.