TI Trust Inc. Boosts Stake in Amazon.com, Inc. $AMZN

TI Trust Inc. increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,790 shares of the e-commerce giant’s stock after buying an additional 50 shares during the quarter. TI Trust Inc.’s holdings in Amazon.com were worth $393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after acquiring an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Amazon.com by 4.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after purchasing an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its stake in shares of Amazon.com by 2.8% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after purchasing an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE boosted its stake in shares of Amazon.com by 5.5% during the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after purchasing an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC bought a new stake in shares of Amazon.com during the 4th quarter valued at about $2,153,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on AMZN shares. UBS Group reaffirmed a “buy” rating and set a $271.00 target price on shares of Amazon.com in a research note on Wednesday, October 22nd. Wells Fargo & Company raised shares of Amazon.com from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $245.00 to $280.00 in a research note on Wednesday, September 24th. KeyCorp began coverage on shares of Amazon.com in a research note on Thursday. They set an “overweight” rating on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Finally, Benchmark reiterated a “buy” rating and issued 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 given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Amazon.com presently has an average rating of “Buy” and an average target price of $268.69.

Get Our Latest Stock Report on Amazon.com

Insider Transactions at Amazon.com

In related news, CEO Matthew S. Garman sold 17,785 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the sale, the chief executive officer 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the sale, the chief executive officer directly owned 2,178,502 shares in the company, valued at $482,712,473.16. This trade represents a 0.90% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 97,911 shares of company stock valued at $21,765,202. Company insiders own 10.80% of the company’s stock.

Amazon.com Stock Up 1.4%

AMZN opened at $224.21 on Monday. The firm’s 50 day simple moving average is $225.10 and its two-hundred day simple moving average is $214.44. 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 company has a market capitalization of $2.39 trillion, a PE ratio of 34.18, a PEG ratio of 1.48 and a beta of 1.28. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52.

Amazon.com (NASDAQ:AMZNGet Free Report) last announced 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. The firm had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Amazon.com Profile

(Free Report)

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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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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