Amazon.com, Inc. $AMZN Shares Sold by Keybank National Association OH

Key Points

• Keybank National Association OH slightly reduced its Amazon stake by 0.4% in the fourth quarter, but it still holds 3.08 million shares valued at about $710.7 million, making AMZN its 7th-largest position.
• Amazon reported a strong quarter, posting EPS of $2.78 versus estimates of $1.63 and revenue of $181.5 billion, while revenue rose 16.6% year over year.
• Analyst sentiment remains upbeat, with multiple firms reiterating buy or outperform ratings and the stock carrying an average Moderate Buy rating and a price target of $312.66.

Keybank National Association OH trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,079,223 shares of the e-commerce giant's stock after selling 11,336 shares during the period. Amazon.com makes up 2.5% of Keybank National Association OH's portfolio, making the stock its 7th biggest position. Keybank National Association OH's holdings in Amazon.com were worth $710,746,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Amazon.com by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant's stock valued at $158,348,557,000 after acquiring an additional 8,913,959 shares during the last quarter. State Street Corp boosted its stake in Amazon.com by 2.0% during the 3rd quarter. State Street Corp now owns 381,681,441 shares of the e-commerce giant's stock valued at $83,805,794,000 after acquiring an additional 7,584,156 shares during the last quarter. Geode Capital Management LLC boosted its stake in Amazon.com by 1.7% during the 2nd quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant's stock valued at $47,332,625,000 after acquiring an additional 3,721,658 shares during the last quarter. Norges Bank bought a new position in Amazon.com during the 2nd quarter valued at $27,438,011,000. Finally, Northern Trust Corp boosted its stake in Amazon.com by 0.3% during the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant's stock valued at $18,527,354,000 after acquiring an additional 302,858 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Trading Up 1.3%

Amazon.com stock opened at $268.46 on Friday. The firm's 50-day moving average is $238.43 and its 200-day moving average is $231.62. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $278.56. The company has a market cap of $2.89 trillion, a P/E ratio of 32.11, a PEG ratio of 1.98 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The company had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. During the same period last year, the firm posted $1.59 EPS. The company's revenue for the quarter was up 16.6% on a year-over-year basis. On average, equities analysts expect that Amazon.com, Inc. will post 7.71 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In related news, CEO Matthew S. Garman sold 17,751 shares of the stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $205.22, for a total value of $3,642,860.22. Following the sale, the chief executive officer owned 9,405 shares of the company's stock, valued at $1,930,094.10. This trade represents a 65.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David Zapolsky sold 10,649 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the completion of the sale, the senior vice president directly owned 41,190 shares in the company, valued at approximately $8,461,661.70. This trade represents a 20.54% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 201,026 shares of company stock valued at $49,128,874. Corporate insiders own 8.90% of the company's stock.

Amazon.com News Summary

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

• Positive Sentiment: Wall Street commentary stayed constructive, with multiple reports highlighting AWS strength, AI-driven demand, and a bullish case for Amazon to keep compounding earnings and margins. Why Wall Street Thinks Amazon Stock Can Rally 40% to $370
• Positive Sentiment: Bank of America said Amazon’s new Alexa for Shopping could become a long-term retail growth driver and help defend its e-commerce position against AI competitors. Amazon's Alexa for Shopping seen driving long-term retail growth
• Positive Sentiment: Analysts and market coverage continued to frame Amazon as a leading AI beneficiary, with fresh pieces pointing to AWS, Trainium chips, and orbit/connectivity ambitions as additional growth levers. Amazon Accelerates Orbital Connectivity & AWS Ambitions - Reiterate Buy
• Positive Sentiment: Top investors were also cited as buying or holding Amazon, including Bill Ackman’s larger position, which may be adding to sentiment around the stock. Billionaire Bill Ackman Piled Into Amazon and Microsoft
• Neutral Sentiment: Amazon won a court ruling rejecting a tariff-evasion claim, removing a legal overhang, but it is more of a cleanup item than a major new catalyst. Amazon.com defeats appeal claiming it aided tariff evasion
• Neutral Sentiment: Several insiders, including executives, sold shares under pre-arranged plans; this usually does not signal a change in fundamentals, but it can temper enthusiasm. Amazon insider trades
• Negative Sentiment: Amazon is also facing fresh criticism and policy risk tied to AI energy use, climate goals, and Canadian streaming/content regulation affecting large online platforms. Shareholders Press Big Tech Over AI Energy Use and Climate Goals

Analyst Upgrades and Downgrades

AMZN has been the topic of a number of research analyst reports. Argus reiterated a "buy" rating and set a $325.00 price objective on shares of Amazon.com in a research note on Friday, February 6th. Wolfe Research reiterated an "outperform" rating and set a $320.00 price objective (up from $245.00) on shares of Amazon.com in a research note on Thursday, April 30th. Moffett Nathanson increased their price objective on shares of Amazon.com from $283.00 to $288.00 and gave the company a "buy" rating in a research note on Tuesday, April 7th. Sanford C. Bernstein reiterated an "outperform" rating and set a $315.00 price objective (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. Finally, Piper Sandler reiterated an "overweight" rating and set a $315.00 price objective (up from $260.00) on shares of Amazon.com in a research note on Thursday, April 30th. Fifty-seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, Amazon.com presently has an average rating of "Moderate Buy" and an average target price of $312.66.

Amazon.com Company Profile

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.

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