Plimoth Trust Co. LLC Has $14.27 Million Stake in Amazon.com, Inc. $AMZN

Plimoth Trust Co. LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 65,024 shares of the e-commerce giant’s stock after purchasing an additional 2,124 shares during the period. Amazon.com makes up 3.4% of Plimoth Trust Co. LLC’s portfolio, making the stock its 4th largest holding. Plimoth Trust Co. LLC’s holdings in Amazon.com were worth $14,266,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Carderock Capital Management Inc. acquired a new stake in Amazon.com in the 2nd quarter valued at about $27,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com in the first quarter valued at about $36,000. Inlight Wealth Management LLC acquired a new stake in Amazon.com during the first quarter worth approximately $40,000. 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 during the period. Finally, Capitol Family Office Inc. acquired a new position in Amazon.com in the first quarter valued at $42,000. Institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other news, CEO Douglas J. Herrington sold 6,835 shares of the company’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.62, for a total transaction of $1,514,772.70. Following the completion of the sale, the chief executive officer directly owned 520,507 shares in the company, valued at $115,354,761.34. This represents a 1.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Matthew S. Garman sold 17,785 shares of the company’s stock in a transaction on 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 completion of the sale, the chief executive officer directly owned 3,138 shares in the company, valued at $695,286.66. This represents a 85.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 97,911 shares of company stock worth $21,765,202. Insiders own 9.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on AMZN shares. Westpark Capital restated a “buy” rating and set a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. UBS Group reiterated a “buy” rating and set a $271.00 target price on shares of Amazon.com in a research note on Wednesday. Barclays raised their price objective on shares of Amazon.com from $240.00 to $275.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Mizuho set a $300.00 target price on Amazon.com and gave the company an “outperform” rating in a research report on Monday, September 29th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $265.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $267.27.

Amazon.com Price Performance

NASDAQ:AMZN opened at $217.95 on Thursday. The firm has a market cap of $2.32 trillion, a price-to-earnings ratio of 33.22, a PEG ratio of 1.47 and a beta of 1.28. The firm’s fifty day moving average is $225.44 and its two-hundred day moving average is $213.29. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share 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 business had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter in the prior year, the company earned $1.26 earnings per share. The company’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts expect that Amazon.com, Inc. will post 6.31 EPS 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.