Arlington Trust Co LLC Reduces Holdings in Amazon.com, Inc. $AMZN

Key Points

• Arlington Trust Co LLC cut its Amazon stake sharply in the fourth quarter, reducing holdings by 76.5% and selling more than 21,000 shares. The firm ended the period with 6,537 shares valued at about $1.5 million.
• Amazon continues to draw bullish analyst and news coverage, with commentary highlighting strength in AWS, AI-related demand, Trainium chips, and cloud growth. Several firms raised or reiterated positive ratings and price targets, with consensus still at a Moderate Buy.
• Insider selling and legal headlines are mixed signals for investors: CEO Andrew Jassy and other executives sold shares under pre-arranged 10b5-1 plans, while Amazon also won an appeals-court case related to tariff-evasion claims. A separate class-action lawsuit over tariff-related pricing remains an overhang.

Arlington Trust Co LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 76.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 6,537 shares of the e-commerce giant's stock after selling 21,314 shares during the period. Arlington Trust Co LLC's holdings in Amazon.com were worth $1,509,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fairway Wealth LLC boosted its position in Amazon.com by 113.2% during the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant's stock worth $25,000 after acquiring an additional 60 shares during the last quarter. Sellwood Investment Partners LLC acquired a new stake in Amazon.com in the 3rd quarter valued at about $27,000. Bridge Generations Wealth Management LLC lifted its stake in Amazon.com by 2,330.0% in the 3rd quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant's stock worth $53,000 after purchasing an additional 233 shares in the last quarter. Cooksen Wealth LLC lifted its stake in Amazon.com by 23.5% in the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant's stock worth $54,000 after purchasing an additional 47 shares in the last quarter. Finally, Sagard Holdings Management Inc. acquired a new position in shares of Amazon.com during the 2nd quarter worth approximately $79,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Evercore ISI’s Mark Mahaney reiterated a Buy rating on Amazon and raised his outlook tied to the company’s growing spectrum and “Leo” connectivity opportunities, signaling more upside potential. Article: Mark Mahaney Reiterates Buy on Amazon
• Positive Sentiment: Multiple articles pointed to AWS strength, with recent commentary saying Amazon’s cloud business is benefiting from AI demand and stronger-than-expected growth, helping reinforce the bullish valuation case. Article: Is Amazon.com One Of The Best Cloud Stocks To Buy As Azure Growth Hits 40%?
• Positive Sentiment: Analysts continue to frame Amazon as an underappreciated AI winner, with bullish notes on AWS, Trainium chips, and enterprise partnerships suggesting durable upside from cloud monetization. Article: Amazon Stock Falls despite Surge in Trainium AI Chip Demand
• Neutral Sentiment: CEO Douglas Herrington sold shares in a pre-arranged 10b5-1 plan, and another executive sale from Matthew Garman also drew attention, but these transactions do not appear to signal a change in Amazon’s operating outlook. SEC filing for Douglas J. Herrington sale
• Neutral Sentiment: Amazon also won an appeals-court case over allegations it helped with tariff evasion, removing a legal overhang and reducing near-term uncertainty. Article: Amazon.com defeats appeal claiming it aided tariff evasion
• Negative Sentiment: Offsetting the positive headlines, Amazon is still facing a class-action lawsuit tied to tariff-related pricing, which could create legal and reputational noise for investors. Article: Amazon Lawsuit Adds New Risk Layer To Valuation And Share Momentum

Insider Activity at Amazon.com

In other news, CEO Andrew R. Jassy sold 31,352 shares of the company's stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $275.00, for a total value of $8,621,800.00. Following the transaction, the chief executive officer directly owned 2,175,766 shares in the company, valued at approximately $598,335,650. This represents a 1.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 3,742 shares of Amazon.com stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $262.59, for a total transaction of $982,611.78. Following the completion of the sale, the chief executive officer owned 476,972 shares of the company's stock, valued at $125,248,077.48. This trade represents a 0.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 201,026 shares of company stock valued at $49,128,874 over the last 90 days. Insiders own 8.90% of the company's stock.

Amazon.com Stock Up 2.2%

Shares of NASDAQ:AMZN opened at $265.01 on Thursday. The business has a 50-day moving average price of $237.34 and a 200 day moving average price of $231.45. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $2.85 trillion, a price-to-earnings ratio of 31.70, a PEG ratio of 1.94 and a beta of 1.46. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $278.56.

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

Analyst Ratings Changes

Several research firms recently commented on AMZN. Wedbush cut their price target on Amazon.com from $340.00 to $300.00 and set an "outperform" rating for the company in a report on Friday, February 6th. UBS Group reissued a "buy" rating and set a $333.00 price objective (up from $304.00) on shares of Amazon.com in a research note on Wednesday, April 29th. Barclays restated an "overweight" rating and issued a $330.00 target price (up from $300.00) on shares of Amazon.com in a report on Thursday, April 30th. Wells Fargo & Company set a $312.00 price target on Amazon.com and gave the stock an "overweight" rating in a report on Wednesday. Finally, Maxim Group boosted their price target on shares of Amazon.com from $290.00 to $315.00 and gave the company a "buy" rating in a research report on Thursday, April 30th. Fifty-seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target 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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