Amazon.com, Inc. $AMZN Stock Holdings Lifted by Farmers Trust Co.

Key Points

• Farmers Trust Co. increased its position in Amazon.com, Inc. by 17.7% during the second quarter, owning nearly 37,189 shares valued at approximately $8.16 million.
• Several institutional investors, including Vanguard Group Inc. and Kingstone Capital Partners Texas LLC, also adjusted their holdings significantly, with Kingstone increasing its stake by 542,733.6%.
• Amazon's stock has seen a positive consensus rating of "Buy" with an average price target of $265.09, according to recent analyst upgrades.

Farmers Trust Co. lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 17.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,189 shares of the e-commerce giant's stock after acquiring an additional 5,604 shares during the period. Amazon.com comprises approximately 1.5% of Farmers Trust Co.'s holdings, making the stock its 13th largest position. Farmers Trust Co.'s holdings in Amazon.com were worth $8,159,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Amazon.com by 1.1% in the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant's stock worth $158,348,557,000 after acquiring an additional 8,913,959 shares in the last quarter. Kingstone Capital Partners Texas LLC grew its position in 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 purchasing an additional 132,616,953 shares in the last quarter. Northern Trust Corp grew its position in Amazon.com by 0.3% during the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant's stock valued at $18,527,354,000 after purchasing an additional 302,858 shares in the last quarter. Nuveen LLC purchased a new position in Amazon.com during the first quarter valued at approximately $11,674,091,000. Finally, Charles Schwab Investment Management Inc. grew its position in Amazon.com by 1.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant's stock valued at $11,461,952,000 after purchasing an additional 605,415 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on AMZN shares. Cantor Fitzgerald boosted their price objective on shares of Amazon.com from $260.00 to $280.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. JPMorgan Chase & Co. boosted their price objective on shares of Amazon.com from $255.00 to $265.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Oppenheimer lowered their price objective on shares of Amazon.com from $250.00 to $245.00 and set an "outperform" rating on the stock in a research report on Friday, August 1st. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. Finally, Telsey Advisory Group reissued an "outperform" rating and issued a $265.00 target price on shares of Amazon.com in a research report on Wednesday, September 24th. Three research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $265.09.

Insiders Place Their Bets

In other news, SVP David Zapolsky sold 13,570 shares of the business's stock in a transaction 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 sale, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of the business's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer owned 49,000 shares of the company's stock, valued at $10,914,260. The trade was a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 20,842,622 shares of company stock valued at $4,731,205,179 in the last three months. Company insiders own 9.70% of the company's stock.

Amazon.com Stock Performance

AMZN stock opened at $220.63 on Thursday. The firm has a 50 day moving average of $226.99 and a two-hundred day moving average of $210.65. 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, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The company has a market capitalization of $2.35 trillion, a price-to-earnings ratio of 33.63, a P/E/G ratio of 1.47 and a beta of 1.28.

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

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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