Amazon.com, Inc. $AMZN Shares Sold by First Hawaiian Bank

First Hawaiian Bank lowered its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 98.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,915 shares of the e-commerce giant's stock after selling 101,596 shares during the period. First Hawaiian Bank's holdings in Amazon.com were worth $364,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in AMZN. Castlekeep Investment Advisors LLC purchased a new position in Amazon.com in the fourth quarter valued at about $25,000. Cooksen Wealth LLC purchased a new position in Amazon.com in the first quarter valued at about $36,000. Inlight Wealth Management LLC purchased a new position in Amazon.com in the first quarter valued at about $40,000. Capitol Family Office Inc. purchased a new position in shares of Amazon.com during the 1st quarter worth approximately $42,000. Finally, Harbor Investment Advisory LLC increased its stake in shares of Amazon.com by 0.7% during the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant's stock worth $58,000 after purchasing an additional 2,145 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, VP Shelley Reynolds sold 2,715 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.64, for a total value of $601,752.60. Following the completion of the transaction, the vice president directly owned 119,780 shares of the company's stock, valued at approximately $26,548,039.20. The trade was a 2.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the transaction, the chief financial officer directly owned 49,000 shares of the company's stock, valued at $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. 10.80% of the stock is currently owned by insiders.

Amazon.com Price Performance

AMZN opened at $231.43 on Tuesday. The company has a 50-day moving average of $227.03 and a 200-day moving average of $208.71. The company has a market capitalization of $2.47 trillion, a P/E ratio of 35.28, a PEG ratio of 1.53 and a beta of 1.31. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion during the quarter, compared to the consensus estimate 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 was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on AMZN shares. Wedbush raised their price objective on shares of Amazon.com from $235.00 to $250.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 30th. Pivotal Research raised their price objective on shares of Amazon.com from $260.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Bank of America raised their price objective on shares of Amazon.com from $265.00 to $272.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. HSBC raised their price objective on shares of Amazon.com from $240.00 to $256.00 in a research note on Tuesday, July 22nd. Finally, Jefferies Financial Group raised their price objective on shares of Amazon.com from $255.00 to $265.00 in a research note on Wednesday, July 16th. Two analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned 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 $262.87.

Amazon.com Company 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.

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