Amazon.com, Inc. $AMZN Shares Sold by Trust Co of Kansas

Key Points

• Trust Co of Kansas reduced its stake in Amazon.com by 12.1%, selling 5,423 shares and bringing its total holdings to 39,236 shares valued at approximately $8.6 million.
• Institutional investors own 72.20% of Amazon's shares, with several other firms like Brighton Jones LLC and Liberty Square Wealth Partners increasing their holdings in the 4th quarter.
• Amazon recently reported earnings per share of $1.68, surpassing analysts' expectations, and its revenue increased by 13.3% compared to the same period last year.

Trust Co of Kansas lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 12.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 39,236 shares of the e-commerce giant's stock after selling 5,423 shares during the quarter. Amazon.com accounts for about 4.1% of Trust Co of Kansas' portfolio, making the stock its 5th largest holding. Trust Co of Kansas' holdings in Amazon.com were worth $8,608,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of AMZN. Brighton Jones LLC lifted its holdings in shares of Amazon.com by 10.9% in 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 buying an additional 397,007 shares during the period. Revolve Wealth Partners LLC lifted its holdings 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 valued at $5,495,000 after buying an additional 986 shares during the period. Bank Pictet & Cie Europe AG lifted its holdings in shares of Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock valued at $442,481,000 after buying an additional 54,987 shares during the period. Highview Capital Management LLC DE lifted its holdings in shares of Amazon.com by 5.5% in the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock valued at $6,357,000 after buying an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC acquired a new position in shares of Amazon.com in the 4th quarter valued at about $2,153,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Insiders Place Their Bets

In related news, VP Shelley Reynolds sold 2,715 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the transaction, the vice president directly owned 119,780 shares in the company, valued at approximately $26,548,039.20. This represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP David Zapolsky sold 13,570 shares of the company's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the transaction, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 10,864,716 shares of company stock valued at $2,486,013,854. Insiders own 9.70% of the company's stock.

Analysts Set New Price Targets

AMZN has been the subject of a number of analyst reports. Wolfe Research upped their price target on Amazon.com from $265.00 to $270.00 in a report on Tuesday, September 30th. Westpark Capital reaffirmed a "buy" rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Royal Bank Of Canada upped their price target on Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Cowen reaffirmed a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Finally, Sanford C. Bernstein set a $235.00 price target on Amazon.com and gave the stock an "outperform" rating in a report on Tuesday, July 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Amazon.com currently has a consensus rating of "Buy" and an average target price of $266.26.

Amazon.com Price Performance

AMZN stock opened at $213.04 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The business has a 50 day simple moving average of $225.66 and a 200-day simple moving average of $212.52. The firm has a market capitalization of $2.27 trillion, a PE ratio of 32.48, a price-to-earnings-growth ratio of 1.42 and a beta of 1.28. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business's revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.

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