Amazon.com, Inc. $AMZN Shares Sold by Field & Main Bank

Field & Main Bank trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,685 shares of the e-commerce giant’s stock after selling 350 shares during the period. Amazon.com makes up approximately 2.0% of Field & Main Bank’s investment portfolio, making the stock its 10th largest position. Field & Main Bank’s holdings in Amazon.com were worth $6,293,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Barlow Wealth Partners Inc. raised its position in Amazon.com by 0.4% during the second quarter. Barlow Wealth Partners Inc. now owns 12,565 shares of the e-commerce giant’s stock valued at $2,763,000 after purchasing an additional 44 shares in the last quarter. Ridgecrest Wealth Partners LLC increased its stake in shares of Amazon.com by 0.5% in the 2nd quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock valued at $1,843,000 after purchasing an additional 45 shares during the last quarter. Probity Advisors Inc. raised its holdings in shares of Amazon.com by 0.4% during the 2nd quarter. Probity Advisors Inc. now owns 12,157 shares of the e-commerce giant’s stock worth $2,667,000 after buying an additional 45 shares in the last quarter. Bare Financial Services Inc lifted its position in shares of Amazon.com by 5.4% during the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after buying an additional 48 shares during the last quarter. Finally, Heritage Oak Wealth Advisors LLC lifted its position in shares of Amazon.com by 1.2% during the 2nd quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock worth $862,000 after buying an additional 48 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Performance

NASDAQ AMZN opened at $226.28 on Tuesday. The company has a market capitalization of $2.42 trillion, a price-to-earnings ratio of 34.49, a PEG ratio of 1.52 and a beta of 1.29. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The stock has a fifty day simple moving average of $227.66 and a 200 day simple moving average of $222.45.

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

Insider Buying and Selling

In other news, Director Daniel P. Huttenlocher sold 1,237 shares of the company’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $226.61, for a total value of $280,316.57. Following the sale, the director directly owned 26,148 shares of the company’s stock, valued at approximately $5,925,398.28. This represents a 4.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 4,784 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $232.71, for a total transaction of $1,113,284.64. Following the sale, the chief executive officer owned 498,182 shares of the company’s stock, valued at approximately $115,931,933.22. This trade represents a 0.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 44,594 shares of company stock valued at $10,887,531. Insiders own 9.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on AMZN shares. JPMorgan Chase & Co. lifted their target price on Amazon.com from $265.00 to $305.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. BNP Paribas Exane started coverage on shares of Amazon.com in a report on Monday. They set an “outperform” rating on the stock. Truist Financial set a $290.00 price objective on shares of Amazon.com in a research report on Friday, October 31st. Oppenheimer raised their target price on shares of Amazon.com from $245.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Finally, Loop Capital boosted their target price on shares of Amazon.com from $300.00 to $360.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Amazon.com has an average rating of “Moderate Buy” and an average target price of $294.70.

Amazon.com 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.