Oakworth Capital Inc. Buys 4,913 Shares of Amazon.com, Inc. $AMZN

Key Points

• Oakworth Capital Inc. increased its stake in Amazon by 23.2% during the 2nd quarter, now holding 26,102 shares valued at approximately $5.7 million.
• Institutional investors own about 72.20% of Amazon's stock, with other firms like Brighton Jones LLC and Revolve Wealth Partners also boosting their positions recently.
• Amazon reported a quarterly EPS of $1.68, exceeding estimates, and experienced a revenue rise of 13.3% year-over-year, totaling $167.7 billion.

Oakworth Capital Inc. boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 23.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,102 shares of the e-commerce giant's stock after buying an additional 4,913 shares during the period. Amazon.com makes up about 0.4% of Oakworth Capital Inc.'s investment portfolio, making the stock its 27th largest position. Oakworth Capital Inc.'s holdings in Amazon.com were worth $5,727,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in AMZN. Brighton Jones LLC increased its position in Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock worth $885,478,000 after buying an additional 397,007 shares during the period. Revolve Wealth Partners LLC increased its position in Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock worth $5,495,000 after buying an additional 986 shares during the period. Bank Pictet & Cie Europe AG increased its position in Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock worth $442,481,000 after buying an additional 54,987 shares during the period. Highview Capital Management LLC DE increased its position in Amazon.com by 5.5% in the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock worth $6,357,000 after buying an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC bought a new position in Amazon.com in the 4th quarter worth approximately $2,153,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Price Performance

Shares of AMZN stock opened at $216.37 on Monday. The stock's fifty day simple moving average is $225.94 and its 200 day simple moving average is $211.97. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The firm has a market cap of $2.31 trillion, a price-to-earnings ratio of 32.98, a P/E/G ratio of 1.43 and a beta of 1.28. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52.

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

Analyst Ratings Changes

AMZN has been the topic of a number of research reports. BNP Paribas upgraded Amazon.com from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th. Weiss Ratings restated a "buy (b-)" rating on shares of Amazon.com in a research report on Wednesday, October 8th. Wall Street Zen upgraded Amazon.com from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Wedbush restated an "outperform" rating and set a $250.00 price objective on shares of Amazon.com in a research report on Friday, September 19th. Finally, Rosenblatt Securities boosted their price objective on Amazon.com from $288.00 to $297.00 and gave the company a "buy" rating in a research report 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 assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $266.26.

Insiders Place Their Bets

In other Amazon.com news, 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 transaction, the chief executive officer owned 2,178,502 shares of the company's stock, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 value of $3,953,635.00. Following the completion of the transaction, the chief financial officer directly owned 49,000 shares in the company, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,597,911 shares of company stock worth $2,652,463,783 over the last quarter. Corporate insiders own 10.80% of the company's stock.

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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