Amazon.com, Inc. $AMZN Shares Bought by Webster Bank N. A.

Webster Bank N. A. boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% during the first quarter, Holdings Channel reports. The firm owned 123,383 shares of the e-commerce giant’s stock after buying an additional 3,291 shares during the quarter. Amazon.com comprises approximately 2.4% of Webster Bank N. A.’s holdings, making the stock its 8th biggest position. Webster Bank N. A.’s holdings in Amazon.com were worth $25,697,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Verde Capital Management lifted its stake in Amazon.com by 13.4% in the 1st quarter. Verde Capital Management now owns 24,069 shares of the e-commerce giant’s stock valued at $5,013,000 after buying an additional 2,850 shares in the last quarter. LMG Wealth Partners LLC boosted its position in Amazon.com by 0.7% during the first quarter. LMG Wealth Partners LLC now owns 38,031 shares of the e-commerce giant’s stock worth $7,921,000 after acquiring an additional 267 shares during the last quarter. AGP Franklin LLC grew its stake in Amazon.com by 26.7% in the 1st quarter. AGP Franklin LLC now owns 56,330 shares of the e-commerce giant’s stock worth $11,732,000 after acquiring an additional 11,876 shares during the period. Telos Capital Management Inc. grew its stake in Amazon.com by 0.8% in the 1st quarter. Telos Capital Management Inc. now owns 95,539 shares of the e-commerce giant’s stock worth $19,898,000 after acquiring an additional 717 shares during the period. Finally, IFC & Insurance Marketing Inc. raised its holdings in Amazon.com by 2.1% in the 1st quarter. IFC & Insurance Marketing Inc. now owns 2,408 shares of the e-commerce giant’s stock valued at $502,000 after acquiring an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

AMZN has been the topic of several analyst reports. Royal Bank Of Canada restated a “buy” rating on shares of Amazon.com in a report on Tuesday, June 16th. Sanford C. Bernstein reiterated an “outperform” rating and set a $315.00 target price (up from $300.00) on shares of Amazon.com in a research report on Thursday, April 30th. HSBC raised their price target on Amazon.com from $280.00 to $310.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft lifted their price target on Amazon.com from $290.00 to $315.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Finally, Moffett Nathanson increased their price objective on shares of Amazon.com from $283.00 to $288.00 and gave the stock a “buy” rating in a report on Tuesday, April 7th. Fifty-seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $312.78.

Insider Activity at Amazon.com

In other news, CEO Matthew S. Garman sold 15,467 shares of the company’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $263.40, for a total transaction of $4,074,007.80. Following the completion of the sale, the chief executive officer directly owned 14,159 shares of the company’s stock, valued at $3,729,480.60. This represents a 52.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 20,000 shares of Amazon.com stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $263.42, for a total transaction of $5,268,400.00. Following the completion of the transaction, the chief executive officer directly owned 2,205,766 shares in the company, valued at approximately $581,042,879.72. This trade represents a 0.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 195,774 shares of company stock valued at $51,614,434 over the last ninety days. Company insiders own 8.90% of the company’s stock.

Amazon.com Stock Performance

AMZN stock opened at $232.69 on Friday. The company has a 50-day simple moving average of $255.53 and a 200 day simple moving average of $234.13. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $2.50 trillion, a P/E ratio of 27.83, a PEG ratio of 1.74 and a beta of 1.44. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $278.56.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $1.15. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The company had revenue of $181.52 billion for the quarter, compared to analysts’ expectations of $177.28 billion. During the same period last year, the firm earned $1.59 EPS. The firm’s revenue for the quarter was up 16.6% on a year-over-year basis. Sell-side analysts predict that Amazon.com, Inc. will post 7.71 earnings per share for the current fiscal year.

Key Headlines Impacting Amazon.com

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: Amazon Web Services raised prices on certain AI GPU and capacity-block offerings, which suggests strong demand and improved pricing power for its cloud business. Article Title
• Positive Sentiment: Amazon said it will invest an additional $13 billion in India through 2030 to expand AI and cloud infrastructure, reinforcing long-term growth ambitions in a key market. Article Title
• Positive Sentiment: Prime Day appears to be generating strong demand, with reports pointing to record sales expectations and early momentum from AI-driven shopping activity. Article Title
• Positive Sentiment: Several analysts reiterated bullish views, including Wells Fargo and BMO Capital, signaling continued confidence in Amazon’s cloud, advertising, and AI-driven earnings power. Article Title
• Neutral Sentiment: Media coverage also highlighted Amazon as a stock that hedge funds and prominent investors continue to own heavily, but these are not immediate fundamental catalysts. Article Title
• Negative Sentiment: Some articles pointed to ongoing concerns about Amazon’s heavy capex, insider selling, and the stock breaking below key technical levels, which may be limiting gains. Article Title
• Negative Sentiment: Separately, EU regulators said Amazon’s cloud business may face stricter competition rules, adding a potential overhang for AWS. Article Title

Amazon.com Profile

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.