Amazon.com, Inc. $AMZN Stake Reduced by Stock Yards Bank & Trust Co.

Key Points

• Stock Yards Bank & Trust Co. reduced its stake in Amazon.com by 0.9%, holding 376,866 shares valued at approximately $82.68 million.
• Large investors such as Kingstone Capital Partners and Goldman Sachs have significantly increased their stakes in Amazon, indicating strong institutional interest.
• Amazon reported a Q2 EPS of $1.68, surpassing estimates and reflecting a 13.3% year-over-year revenue increase, reaching $167.70 billion.

Stock Yards Bank & Trust Co. reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 376,866 shares of the e-commerce giant's stock after selling 3,282 shares during the period. Amazon.com comprises 2.8% of Stock Yards Bank & Trust Co.'s investment portfolio, making the stock its 7th largest position. Stock Yards Bank & Trust Co.'s holdings in Amazon.com were worth $82,681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC increased its stake in shares of Amazon.com by 542,733.6% during the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant's stock valued at $29,100,194,000 after buying an additional 132,616,953 shares during the period. Nuveen LLC purchased a new position in shares of Amazon.com during the first quarter valued at approximately $11,674,091,000. Goldman Sachs Group Inc. increased its stake in shares of Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock valued at $11,017,657,000 after buying an additional 10,176,835 shares during the period. Vanguard Group Inc. increased its stake in shares of Amazon.com by 1.1% during the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant's stock valued at $158,348,557,000 after buying an additional 8,913,959 shares during the period. Finally, Amundi increased its stake in shares of Amazon.com by 15.1% during the first quarter. Amundi now owns 55,337,037 shares of the e-commerce giant's stock valued at $9,884,098,000 after buying an additional 7,267,277 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance

Shares of AMZN stock opened at $213.04 on Monday. The stock has a market cap of $2.27 trillion, a price-to-earnings ratio of 32.48, a PEG ratio of 1.41 and a beta of 1.28. The business's fifty day moving average is $225.66 and its 200 day moving average is $212.88. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. 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 (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the previous year, the company posted $1.26 earnings per share. The company's revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of the business's stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the sale, the senior vice president directly owned 44,110 shares of the company's stock, valued at approximately $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the business's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the sale, the chief executive officer directly owned 2,178,502 shares in the company, valued at $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 6,591,479 shares of company stock valued at $1,512,698,663. Company insiders own 10.80% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AMZN. Rosenblatt Securities boosted their target price on Amazon.com from $288.00 to $297.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Westpark Capital reissued a "buy" rating and set a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Mizuho set a $300.00 target price on Amazon.com and gave the company an "outperform" rating in a research note on Monday, September 29th. Sanford C. Bernstein set a $235.00 target price on Amazon.com and gave the company an "outperform" rating in a research note on Tuesday, July 1st. Finally, Piper Sandler upped their price target on Amazon.com from $250.00 to $255.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Three investment 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. According to data from MarketBeat.com, Amazon.com currently has an average rating of "Buy" and a consensus target price of $266.26.

About Amazon.com

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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