Trust Co. of Vermont increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 315,376 shares of the e-commerce giant’s stock after acquiring an additional 940 shares during the period. Amazon.com comprises about 3.3% of Trust Co. of Vermont’s investment portfolio, making the stock its 3rd biggest position. Trust Co. of Vermont’s holdings in Amazon.com were worth $69,190,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Carderock Capital Management Inc. acquired a new position in Amazon.com in the second quarter valued at about $27,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the first quarter valued at about $36,000. Inlight Wealth Management LLC acquired a new position in Amazon.com in the first quarter valued at about $40,000. Capitol Family Office Inc. acquired a new position in Amazon.com in the first quarter valued at about $42,000. Finally, Maryland Capital Advisors Inc. boosted its position in 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 buying an additional 95 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the stock. Wedbush restated an “outperform” rating and issued a $250.00 price target on shares of Amazon.com in a research report on Friday, September 19th. HSBC upped their target price on shares of Amazon.com from $256.00 to $260.00 and gave the stock a “buy” rating in a research report on Monday, September 29th. BNP Paribas upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 27th. Citizens Jmp initiated coverage on shares of Amazon.com in a research report on Thursday, July 10th. They set a “strong-buy” rating on the stock. Finally, JMP Securities reiterated a “market outperform” rating and set a $285.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $266.26.
Insider Buying and Selling at Amazon.com
In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction on Monday, July 21st. The shares were sold at an average price of $227.77, for a total value of $973,315,191.49. Following the completion of the sale, the insider owned 890,273,469 shares in the company, valued at $202,777,588,034.13. This trade represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction 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. This represents a 26.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 10,864,716 shares of company stock valued at $2,486,013,854 in the last three months. 9.70% of the stock is currently owned by insiders.
Amazon.com Stock Down 0.5%
Shares of NASDAQ:AMZN opened at $214.47 on Friday. The company has a market capitalization of $2.29 trillion, a PE ratio of 32.69, a PEG ratio of 1.43 and a beta of 1.28. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week 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. The company has a 50 day moving average price of $225.85 and a two-hundred day moving average price of $212.38.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share 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 company had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter in the prior year, the company earned $1.26 earnings per share. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current 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.
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