Trinity Financial Advisors LLC Grows Position in Amazon.com, Inc. $AMZN

Key Points

• Trinity Financial Advisors LLC increased its stake in Amazon.com, Inc. by 111.0% during the second quarter, owning 14,322 shares valued at $3,142,000.
• Several large investors, including Vanguard Group Inc. and UBS AM, also boosted their stakes in Amazon.com, reflecting continued institutional interest in the company.
• Amazon's recent quarterly earnings showed an EPS of $1.68, exceeding estimates and indicating a 13.3% year-over-year revenue growth.

Trinity Financial Advisors LLC raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 111.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,322 shares of the e-commerce giant's stock after buying an additional 7,534 shares during the quarter. Amazon.com comprises about 1.0% of Trinity Financial Advisors LLC's investment portfolio, making the stock its 24th biggest holding. Trinity Financial Advisors LLC's holdings in Amazon.com were worth $3,142,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in Amazon.com by 1.1% during the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant's stock valued at $158,348,557,000 after buying an additional 8,913,959 shares during the last quarter. Northern Trust Corp raised its stake 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 buying an additional 302,858 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Amazon.com by 14.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 65,975,984 shares of the e-commerce giant's stock valued at $14,474,471,000 after buying an additional 8,142,030 shares during the last quarter. Nuveen LLC purchased a new position in shares of Amazon.com in the first quarter worth $11,674,091,000. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Amazon.com by 1.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant's stock worth $11,461,952,000 after purchasing an additional 605,415 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on AMZN shares. Rosenblatt Securities boosted their price target on Amazon.com from $288.00 to $297.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Cowen restated a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. Cantor Fitzgerald boosted their price target on Amazon.com from $260.00 to $280.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Roth Capital set a $250.00 price target on Amazon.com and gave the stock a "buy" rating in a research note on Tuesday, July 8th. Finally, JMP Securities restated a "market outperform" rating and issued a $285.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $263.30.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $234.05 on Wednesday. The stock has a 50-day simple moving average of $227.32 and a two-hundred day simple moving average of $208.89. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. 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 firm has a market capitalization of $2.50 trillion, a PE ratio of 35.68, a P/E/G ratio of 1.55 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same quarter in the previous year, the company posted $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. Analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the business's stock in a transaction dated 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 approximately $10,914,260. The trade was a 26.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total value of $558,725.00. Following the sale, the chief executive officer directly owned 518,007 shares of the company's stock, valued at $115,769,384.43. This represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,097,911 shares of company stock valued at $5,676,032,574 in the last ninety days. 10.80% of the stock is currently owned by company insiders.

Amazon.com 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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