Amalgamated Bank Has $448.34 Million Position in Amazon.com, Inc. $AMZN

Amalgamated Bank lowered its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,043,571 shares of the e-commerce giant’s stock after selling 14,421 shares during the period. Amazon.com comprises about 3.5% of Amalgamated Bank’s investment portfolio, making the stock its 4th biggest position. Amalgamated Bank’s holdings in Amazon.com were worth $448,339,000 as of its most recent SEC filing.

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

Amazon.com Stock Up 2.5%

Shares of NASDAQ AMZN opened at $226.28 on Tuesday. The business’s fifty day simple moving average is $227.66 and its 200-day simple moving average is $222.45. The stock has a market cap of $2.42 trillion, a P/E ratio of 34.49, a PEG ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, topping the consensus estimate of $1.57 by $0.38. The company had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm’s revenue was up 13.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. As a group, equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity at Amazon.com

In other news, CEO Douglas J. Herrington sold 22,000 shares of the stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the completion of the transaction, the chief executive officer directly owned 493,507 shares of the company’s stock, valued at approximately $123,391,555.21. This represents a 4.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Jonathan Rubinstein sold 8,173 shares of the firm’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $250.03, for a total value of $2,043,495.19. Following the completion of the sale, the director directly owned 80,030 shares of the company’s stock, valued at approximately $20,009,900.90. This trade represents a 9.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 44,594 shares of company stock worth $10,887,531. Insiders own 9.70% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on AMZN shares. Raymond James Financial raised their price objective on Amazon.com from $230.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. Rothschild & Co Redburn reiterated a “neutral” rating and set a $250.00 price objective on shares of Amazon.com in a report on Tuesday, November 18th. Morgan Stanley restated an “overweight” rating and issued a $315.00 price objective (up from $300.00) on shares of Amazon.com in a research note on Friday, October 31st. Truist Financial set a $290.00 price objective on Amazon.com in a research report on Friday, October 31st. Finally, Rothschild Redb cut shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $294.70.

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.