American National Bank & Trust Has $43.06 Million Position in Amazon.com, Inc. $AMZN

American National Bank & Trust cut its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 196,105 shares of the e-commerce giant’s stock after selling 2,989 shares during the period. Amazon.com makes up about 4.2% of American National Bank & Trust’s holdings, making the stock its 4th biggest position. American National Bank & Trust’s holdings in Amazon.com were worth $43,059,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AMZN. Wilson Asset Management International PTY Ltd. bought a new stake in shares of Amazon.com during the 2nd quarter worth about $11,102,000. ARK Investment Management LLC grew its stake in Amazon.com by 8.3% in the 2nd quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock valued at $250,213,000 after buying an additional 86,978 shares during the last quarter. Buckhead Capital Management LLC raised its holdings in Amazon.com by 16.1% in the 2nd quarter. Buckhead Capital Management LLC now owns 28,407 shares of the e-commerce giant’s stock worth $6,232,000 after acquiring an additional 3,948 shares during the period. Border to Coast Pensions Partnership Ltd lifted its position in Amazon.com by 6.0% during the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock worth $249,295,000 after acquiring an additional 63,924 shares during the last quarter. Finally, Alpha Wealth Funds LLC grew its holdings in Amazon.com by 172.8% in the 2nd quarter. Alpha Wealth Funds LLC now owns 3,012 shares of the e-commerce giant’s stock valued at $667,000 after buying an additional 1,908 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

More Amazon.com News

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: Goldman Sachs raised its price target to $300 and kept a “buy” rating, reinforcing upside expectations for AMZN and supporting demand. Read More.
• Positive Sentiment: AWS launched the AWS European Sovereign Cloud (multi‑billion euro push) and announced expansion across EU markets — a strategic win for gov’t/compliance-driven customers that could accelerate higher‑margin cloud revenue. Read More.
• Positive Sentiment: Amazon secured copper supply from Rio Tinto for AI data‑center buildout, addressing a material infrastructure bottleneck for expansion of AI workloads and related capex. That supply deal reduces execution risk for AWS growth. Read More.
• Neutral Sentiment: Amazon joined other big tech firms in a Wikimedia Enterprise agreement to access Wikipedia for AI training — supportive for LLM development but not an immediate revenue driver. Read More.
• Neutral Sentiment: Reports that Amazon is seeking supplier discounts to offset tariff changes show active cost management; this can help margins but may strain vendor relationships. Read More.
• Negative Sentiment: Amazon is in a legal fight over its $475M investment in Saks Global after Saks filed Chapter 11; Amazon says the stake is now worthless and has objected to Saks’ financing plan — a clear near‑term hit to asset value and potential litigation exposure. Read More.
• Negative Sentiment: A U.S. judge rejected Amazon’s first attempt to block Saks’ bankruptcy funding, signaling more court battles ahead and downside risk to recovery value. Read More.
• Negative Sentiment: Amazon plans to continue appealing an Italian antitrust fine even after a reduction, keeping regulatory/legal uncertainty in Europe. Read More.

Amazon.com Stock Up 0.6%

Shares of NASDAQ:AMZN opened at $238.18 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.01 and a debt-to-equity ratio of 0.14. The firm has a market cap of $2.55 trillion, a P/E ratio of 33.64, a P/E/G ratio of 1.49 and a beta of 1.37. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60. The company’s 50-day moving average price is $232.57 and its two-hundred day moving average price is $228.42.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a net margin of 11.06% and a return on equity of 23.62%. The company had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. During the same period in the previous year, the firm posted $1.43 earnings per share. The company’s revenue was up 13.4% on a year-over-year basis. As a group, research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In related news, CEO Matthew S. Garman sold 17,768 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $216.90, for a total value of $3,853,879.20. Following the transaction, the chief executive officer directly owned 6,273 shares in the company, valued at $1,360,613.70. This represents a 73.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Daniel P. Huttenlocher sold 1,237 shares of Amazon.com stock in a transaction on Thursday, November 20th. The stock was 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 trade represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 79,734 shares of company stock valued at $18,534,017 over the last 90 days. Company insiders own 9.70% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Amazon.com in a report on Monday, December 29th. Wall Street Zen cut shares of Amazon.com from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. BNP Paribas began coverage on Amazon.com in a report on Monday, November 24th. They set an “outperform” rating on the stock. Bank of America increased their price objective on Amazon.com from $272.00 to $303.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Finally, Citizens Jmp reissued a “market outperform” rating and set a $300.00 price objective on shares of Amazon.com in a report on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $295.96.

About Amazon.com

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.