Amazon.com, Inc. $AMZN Shares Sold by FARMERS & MERCHANTS TRUST Co OF LONG BEACH

FARMERS & MERCHANTS TRUST Co OF LONG BEACH lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 6.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 61,141 shares of the e-commerce giant’s stock after selling 4,503 shares during the period. Amazon.com comprises approximately 3.2% of FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s portfolio, making the stock its 6th largest position. FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s holdings in Amazon.com were worth $14,113,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Fairway Wealth LLC grew its stake in shares of Amazon.com by 113.2% in the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after acquiring an additional 60 shares in the last quarter. Sellwood Investment Partners LLC acquired a new position in shares of Amazon.com in the third quarter worth $27,000. Bridge Generations Wealth Management LLC grew its stake in shares of Amazon.com by 2,330.0% in the third quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant’s stock worth $53,000 after acquiring an additional 233 shares in the last quarter. Cooksen Wealth LLC grew its stake in shares of Amazon.com by 23.5% in the second quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock worth $54,000 after acquiring an additional 47 shares in the last quarter. Finally, Sagard Holdings Management Inc. acquired a new position in shares of Amazon.com in the second quarter worth $79,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Activity

In related news, CEO Andrew R. Jassy sold 31,352 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $275.00, for a total value of $8,621,800.00. Following the completion of the sale, the chief executive officer directly owned 2,175,766 shares of the company’s stock, valued at $598,335,650. The trade was a 1.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 3,742 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $262.59, for a total transaction of $982,611.78. Following the completion of the sale, the chief executive officer directly owned 476,972 shares of the company’s stock, valued at approximately $125,248,077.48. This trade represents a 0.78% 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 a total of 201,026 shares of company stock valued at $49,128,874 in the last 90 days. Company insiders own 8.90% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on AMZN shares. TD Securities upgraded shares of Amazon.com to a “buy” rating in a research note on Monday, April 13th. President Capital dropped their price target on shares of Amazon.com from $320.00 to $296.00 and set a “buy” rating for the company in a research note on Tuesday, February 10th. Needham & Company LLC boosted their price target on shares of Amazon.com from $265.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Pivotal Research restated a “buy” rating and issued a $320.00 price target (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. Finally, Telsey Advisory Group boosted their price target on shares of Amazon.com from $300.00 to $315.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $312.67.

Amazon.com Price Performance

Amazon.com stock opened at $259.32 on Wednesday. The stock has a market cap of $2.79 trillion, a P/E ratio of 31.02, a price-to-earnings-growth ratio of 1.98 and a beta of 1.46. The company has a fifty day simple moving average of $236.31 and a 200-day simple moving average of $231.15. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $278.56. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27.

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

Key Stories Impacting Amazon.com

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

• Positive Sentiment: AWS continues to benefit from AI demand, with new interest in Trainium chips and fresh enterprise partnerships such as AVEVA, reinforcing Amazon’s cloud growth story. AVEVA and Amazon Web Services Announce Multi-Year Strategic Collaboration to Accelerate Industrial Intelligence in the Cloud
• Positive Sentiment: Several articles and investor notes described Amazon as an underappreciated AI winner, helping support the stock’s long-term thesis despite short-term volatility. Amazon Might Be the Most Obvious AI Stock Investors Are Missing
• Neutral Sentiment: CEO Matthew S. Garman sold shares under a pre-arranged trading plan, which is usually not a business red flag but can still weigh on investor sentiment. SEC filing for Matthew S. Garman sale
• Neutral Sentiment: Douglas J. Herrington also sold shares in a planned transaction, adding to headlines around insider activity without changing the company’s operating outlook. SEC filing for Douglas J. Herrington sale
• Negative Sentiment: Amazon faces a class-action lawsuit over tariff cost claims, which introduces legal and reputational uncertainty for the retailer. Amazon faces class action over tariff cost claims

Amazon.com Company 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.