Amazon.com, Inc. $AMZN Stock Holdings Increased by Whittier Trust Co.

Whittier Trust Co. boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 16.1% during the 2nd quarter, Holdings Channel reports. The fund owned 1,295,474 shares of the e-commerce giant’s stock after acquiring an additional 179,384 shares during the quarter. Amazon.com makes up 3.4% of Whittier Trust Co.’s portfolio, making the stock its 4th biggest holding. Whittier Trust Co.’s holdings in Amazon.com were worth $284,213,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Amazon.com by 1.1% in 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 purchasing an additional 8,913,959 shares in the last quarter. Kingstone Capital Partners Texas LLC grew its position in shares of Amazon.com by 542,733.6% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after buying an additional 132,616,953 shares during the last quarter. Northern Trust Corp raised its stake in Amazon.com by 0.3% during the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock worth $18,527,354,000 after acquiring an additional 302,858 shares in the last quarter. Nuveen LLC purchased a new stake in Amazon.com in the first quarter valued at $11,674,091,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in 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 valued at $11,461,952,000 after acquiring an additional 605,415 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of research reports. Wolfe Research boosted their price objective on Amazon.com from $265.00 to $270.00 in a research note on Tuesday, September 30th. DA Davidson raised their price target on Amazon.com from $265.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Daiwa Capital Markets lifted their target price on Amazon.com from $254.00 to $300.00 and gave the company a “buy” rating in a research note on Tuesday. TD Cowen lifted their price target on Amazon.com from $255.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Finally, New Street Research boosted their target price on shares of Amazon.com from $270.00 to $340.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-seven have issued a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $294.15.

Amazon.com Price Performance

AMZN stock opened at $241.77 on Thursday. The stock has a 50-day moving average price of $228.61 and a two-hundred day moving average price of $220.04. The company has a market cap of $2.58 trillion, a PE ratio of 36.91, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60.

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

Insider Activity at Amazon.com

In other news, SVP David Zapolsky sold 13,570 shares of the business’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, the senior vice president owned 44,110 shares of the company’s stock, valued at approximately $9,825,943.60. The trade was a 23.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Matthew S. Garman sold 17,785 shares of the company’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 completion of the sale, the chief executive officer owned 3,138 shares in the company, valued at approximately $695,286.66. This trade represents a 85.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 128,084 shares of company stock valued at $29,405,457. 9.70% of the stock is currently owned by 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.