Cetera Trust Company N.A Takes $4.67 Million Position in Amazon.com, Inc. $AMZN

Key Points

• Cetera Trust Company N.A. purchased 19,607 Amazon shares worth approximately $4.67 million, making Amazon its sixth-largest holding and 2.3% of its portfolio. Overall, institutional investors own 72.2% of Amazon’s stock.
• Amazon reported strong quarterly results, with $5.75 earnings per share and $200.61 billion in revenue, exceeding analyst expectations and representing 19.6% year-over-year revenue growth.
• Analysts remain broadly bullish, with 56 Buy ratings and three Holds and a consensus price target of $321.19. However, insiders sold $18.57 million of stock over the past 90 days, including sales by the CEO and a senior vice president.

Cetera Trust Company N.A purchased a new position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 19,607 shares of the e-commerce giant's stock, valued at approximately $4,673,000. Amazon.com comprises 2.3% of Cetera Trust Company N.A's portfolio, making the stock its 6th biggest holding.

Several other hedge funds and other institutional investors have also modified their holdings of AMZN. Auto Owners Insurance Co increased its position in Amazon.com by 27,376.7% in the 4th quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant's stock worth $2,272,397,000 after purchasing an additional 98,090,585 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Amazon.com during the 2nd quarter valued at about $16,341,405,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Amazon.com during the 2nd quarter valued at about $6,631,466,000. Danske Bank A S acquired a new stake in shares of Amazon.com during the 2nd quarter valued at about $2,494,705,000. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Amazon.com by 32.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 32,578,171 shares of the e-commerce giant's stock valued at $6,785,036,000 after buying an additional 7,924,943 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, SVP David Zapolsky sold 9,258 shares of the firm's stock in a transaction on Monday, August 24th. The stock was sold at an average price of $259.77, for a total value of $2,404,950.66. Following the completion of the transaction, the senior vice president directly owned 41,190 shares of the company's stock, valued at $10,699,926.30. This trade represents a 18.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of Amazon.com stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the sale, the chief executive officer owned 17,794 shares in the company, valued at $4,609,713.64. This represents a 44.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 71,589 shares of company stock valued at $18,568,785 in the last ninety days. 8.90% of the stock is currently owned by insiders.

Amazon.com Trading Up 1.9%

Shares of AMZN opened at $258.45 on Tuesday. The stock's 50-day moving average price is $256.32 and its 200 day moving average price is $246.21. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $2.79 trillion, a price-to-earnings ratio of 20.79, a P/E/G ratio of 1.97 and a beta of 1.44. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, topping analysts' consensus estimates of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The company had revenue of $200.61 billion during the quarter, compared to the consensus estimate of $197.03 billion. During the same quarter last year, the company earned $1.68 EPS. The company's quarterly revenue was up 19.6% on a year-over-year basis. As a group, research analysts predict that Amazon.com, Inc. will post 8.01 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on AMZN shares. Bank of America increased their price objective on Amazon.com from $310.00 to $320.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Pivotal Research reiterated a "buy" rating and issued a $333.00 target price (up from $320.00) on shares of Amazon.com in a research note on Friday, July 31st. Wedbush boosted their target price on shares of Amazon.com from $293.00 to $310.00 and gave the stock an "outperform" rating in a research report on Friday, July 31st. Jefferies Financial Group restated a "buy" rating on shares of Amazon.com in a research note on Thursday, June 18th. Finally, Phillip Securities downgraded shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a report on Monday, August 3rd. Fifty-six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $321.19.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Amazon announced an additional $1.9 billion investment in its Delivery Service Partner program for 2027. The spending is intended to raise delivery-driver pay, improve safety and expand AI-powered routing and delivery tools. Amazon says serious crashes have declined more than 23%, while Smart Delivery Glasses could help equip more than 20,000 drivers by 2027. Amazon delivery investment announcement
• Positive Sentiment: Amazon’s agreement to purchase up to $8 billion of Generac power equipment supports faster AWS data-center construction, including $2.4 billion of expected orders in 2027–2028. The deal reinforces the investment case for AWS and the broader AI infrastructure buildout. Amazon Generac supply agreement
• Positive Sentiment: UBS reportedly sees roughly 25% potential upside for Amazon, arguing that enterprise AI adoption remains in an early stage and should support demand for cloud services, chips and data-center infrastructure. UBS Amazon upside commentary
• Neutral Sentiment: Amazon blocked Meta’s Muse shopping agent, citing undisclosed access, failure to identify itself and concerns about credentials and platform rules. The move protects Amazon’s control over customer data and marketplace traffic, but highlights growing conflict over who controls agentic shopping. Amazon blocks Meta Muse
• Negative Sentiment: Investors continue to weigh risks from Amazon’s unusually large AI capital-spending program, including potential AWS margin pressure, rising financing needs and slower returns if AI demand does not keep pace. A recent analysis also warned that higher interest rates could weigh on capital-intensive technology stocks. Amazon capital spending analysis

Amazon.com Profile

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon's websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

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