Private Trust Co. NA Has $17.44 Million Holdings in Amazon.com, Inc. $AMZN

Private Trust Co. NA boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 79,509 shares of the e-commerce giant’s stock after buying an additional 1,471 shares during the period. Amazon.com makes up about 1.7% of Private Trust Co. NA’s investment portfolio, making the stock its 5th biggest position. Private Trust Co. NA’s holdings in Amazon.com were worth $17,444,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Carderock Capital Management Inc. bought a new stake in Amazon.com in the second quarter valued at about $27,000. Cooksen Wealth LLC bought a new position in Amazon.com during the first quarter worth about $36,000. Maryland Capital Advisors Inc. grew its position in shares of Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 95 shares during the period. Capitol Family Office Inc. acquired a new position in shares of Amazon.com during the 1st quarter worth about $42,000. Finally, Ryan Investment Management Inc. bought a new stake in shares of Amazon.com in the 2nd quarter valued at about $48,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. JMP Securities set a $300.00 price objective on shares of Amazon.com in a research note on Friday, October 31st. China Renaissance increased their target price on shares of Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Piper Sandler reissued a “negative” rating on shares of Amazon.com in a research report on Friday, October 31st. Citigroup boosted their price target on shares of Amazon.com from $270.00 to $320.00 and gave the company a “buy” rating in a report on Friday, October 31st. Finally, Mizuho set a $315.00 price objective on Amazon.com and gave the stock an “outperform” rating in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating, fifty-five have issued a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Amazon.com currently has an average rating of “Buy” and an average price target of $293.17.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 17,785 shares of the business’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the sale, the chief executive officer directly owned 3,138 shares of the company’s stock, valued at $695,286.66. The trade was a 85.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the transaction, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. The trade was a 0.90% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 128,084 shares of company stock worth $29,405,457. 9.70% of the stock is owned by insiders.

Amazon.com Trading Up 0.6%

NASDAQ AMZN opened at $244.41 on Friday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. 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 stock’s 50 day moving average price is $227.39 and its two-hundred day moving average price is $218.75. The stock has a market capitalization of $2.61 trillion, a price-to-earnings ratio of 37.26, a PEG ratio of 1.52 and a beta of 1.29.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. The company had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm’s revenue was up 13.4% compared to the same quarter last year. During the same period last year, the company earned $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. As a group, analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.