CHICAGO TRUST Co NA Increases Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• CHICAGO TRUST Co NA increased its holdings in Amazon.com, Inc. by 19.0%, owning a total of 59,203 shares valued at approximately $12.99 million at the end of the recent quarter.
• The company's stock has a market cap of $2.35 trillion and is reported to have had a 13.3% increase in revenue year-over-year for the last quarter.
• Analysts rate Amazon.com with an average of "Buy" and set a target price of $265.09, indicating expectations of continued growth.

CHICAGO TRUST Co NA grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 19.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 59,203 shares of the e-commerce giant's stock after buying an additional 9,446 shares during the period. Amazon.com accounts for approximately 1.8% of CHICAGO TRUST Co NA's holdings, making the stock its 10th biggest position. CHICAGO TRUST Co NA's holdings in Amazon.com were worth $12,989,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of AMZN. Bare Financial Services Inc increased its position in shares of Amazon.com by 5.4% during the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant's stock valued at $177,000 after purchasing an additional 48 shares during the last quarter. Cobblestone Asset Management LLC increased its holdings in Amazon.com by 3.1% in the 2nd quarter. Cobblestone Asset Management LLC now owns 1,673 shares of the e-commerce giant's stock worth $367,000 after acquiring an additional 50 shares in the last quarter. Vista Investment Partners LLC increased its holdings in Amazon.com by 0.9% in the 2nd quarter. Vista Investment Partners LLC now owns 5,859 shares of the e-commerce giant's stock worth $1,285,000 after acquiring an additional 52 shares in the last quarter. Stonekeep Investments LLC boosted its stake in Amazon.com by 0.4% in the 2nd quarter. Stonekeep Investments LLC now owns 13,811 shares of the e-commerce giant's stock worth $3,030,000 after purchasing an additional 54 shares during the period. Finally, SWAN Capital LLC boosted its stake in Amazon.com by 3.1% in the 4th quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock worth $396,000 after purchasing an additional 55 shares during the period. Institutional investors own 72.20% of the company's stock.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $220.63 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The company has a market cap of $2.35 trillion, a PE ratio of 33.63, a P/E/G ratio of 1.47 and a beta of 1.28. The business has a 50-day simple moving average of $226.99 and a two-hundred day simple moving average of $210.65. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52.

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 analysts' consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the previous year, the company posted $1.26 earnings per share. The company's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on AMZN shares. Telsey Advisory Group restated an "outperform" rating and issued a $265.00 price target on shares of Amazon.com in a research note on Wednesday, September 24th. Roth Capital set a $250.00 target price on Amazon.com and gave the company a "buy" rating in a research report on Tuesday, July 8th. BMO Capital Markets increased their price target on Amazon.com from $270.00 to $280.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Jefferies Financial Group reiterated a "buy" rating on shares of Amazon.com in a research note on Thursday, September 11th. Finally, Citigroup reiterated an "overweight" rating on shares of Amazon.com in a research note on Wednesday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, Amazon.com has an average rating of "Buy" and an average target price of $265.09.

Insiders Place Their Bets

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the completion of the transaction, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 20,842,622 shares of company stock worth $4,731,205,179 in the last three months. 9.70% of the stock is currently owned by company insiders.

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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