Amazon.com, Inc. $AMZN Stake Raised by Citizens National Bank Trust Department

Citizens National Bank Trust Department raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 67,041 shares of the e-commerce giant’s stock after buying an additional 827 shares during the period. Amazon.com makes up approximately 2.9% of Citizens National Bank Trust Department’s portfolio, making the stock its 5th largest position. Citizens National Bank Trust Department’s holdings in Amazon.com were worth $14,708,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Carderock Capital Management Inc. acquired a new position in shares of Amazon.com during the second quarter worth about $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the 1st quarter worth $36,000. Inlight Wealth Management LLC acquired a new position in shares of Amazon.com during the first quarter worth $40,000. Capitol Family Office Inc. acquired a new stake in Amazon.com in the first quarter valued at $42,000. Finally, Maryland Capital Advisors Inc. increased its holdings 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 valued at $46,000 after acquiring an additional 95 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Up 1.4%

Amazon.com stock opened at $224.21 on Monday. The stock’s 50 day moving average price is $225.10 and its 200 day moving average price is $214.44. The company has a market cap of $2.39 trillion, a PE ratio of 34.18, a price-to-earnings-growth ratio of 1.48 and a beta of 1.28. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating 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 company had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter last year, the company earned $1.26 earnings per share. 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. On average, sell-side analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of Amazon.com 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 in the company, valued at approximately $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Douglas J. Herrington sold 6,835 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.62, for a total value 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 approximately $115,354,761.34. The trade was a 1.30% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 97,911 shares of company stock valued at $21,765,202. Company insiders own 10.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on AMZN. Evercore ISI restated an “outperform” rating and issued a $280.00 target price on shares of Amazon.com in a report on Wednesday, August 13th. Citizens Jmp started coverage on Amazon.com in a research report on Thursday, July 10th. They set a “strong-buy” rating on the stock. Barclays lifted their target price 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. Canaccord Genuity Group restated a “buy” rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Finally, Benchmark reiterated a “buy” rating and set a $260.00 target price on shares of Amazon.com in a research note on Wednesday, October 22nd. Four 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $268.69.

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.