Amazon.com, Inc. $AMZN Shares Sold by American National Bank & Trust

American National Bank & Trust reduced its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 196,105 shares of the e-commerce giant’s stock after selling 2,989 shares during the period. Amazon.com makes up approximately 4.2% of American National Bank & Trust’s portfolio, making the stock its 4th largest position. American National Bank & Trust’s holdings in Amazon.com were worth $43,059,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of AMZN. Carderock Capital Management Inc. bought a new position in shares of Amazon.com in the second quarter valued at $27,000. Maryland Capital Advisors Inc. lifted its stake in Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after acquiring an additional 95 shares during the last quarter. Ryan Investment Management Inc. bought a new position in shares of Amazon.com in the 2nd quarter valued at about $48,000. Cooksen Wealth LLC increased its stake in shares of Amazon.com by 23.5% during the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock worth $54,000 after purchasing an additional 47 shares during the last quarter. Finally, PayPay Securities Corp raised its holdings in shares of Amazon.com by 62.3% in the 3rd quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant’s stock valued at $55,000 after purchasing an additional 96 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Key Amazon.com News

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

• Positive Sentiment: Goldman Sachs raised its price target to $300 and kept a “buy” rating, reinforcing upside expectations for AMZN and supporting demand. Read More.
• Positive Sentiment: AWS launched the AWS European Sovereign Cloud (multi‑billion euro push) and announced expansion across EU markets — a strategic win for gov’t/compliance-driven customers that could accelerate higher‑margin cloud revenue. Read More.
• Positive Sentiment: Amazon secured copper supply from Rio Tinto for AI data‑center buildout, addressing a material infrastructure bottleneck for expansion of AI workloads and related capex. That supply deal reduces execution risk for AWS growth. Read More.
• Neutral Sentiment: Amazon joined other big tech firms in a Wikimedia Enterprise agreement to access Wikipedia for AI training — supportive for LLM development but not an immediate revenue driver. Read More.
• Neutral Sentiment: Reports that Amazon is seeking supplier discounts to offset tariff changes show active cost management; this can help margins but may strain vendor relationships. Read More.
• Negative Sentiment: Amazon is in a legal fight over its $475M investment in Saks Global after Saks filed Chapter 11; Amazon says the stake is now worthless and has objected to Saks’ financing plan — a clear near‑term hit to asset value and potential litigation exposure. Read More.
• Negative Sentiment: A U.S. judge rejected Amazon’s first attempt to block Saks’ bankruptcy funding, signaling more court battles ahead and downside risk to recovery value. Read More.
• Negative Sentiment: Amazon plans to continue appealing an Italian antitrust fine even after a reduction, keeping regulatory/legal uncertainty in Europe. Read More.

Insider Buying and Selling

In other Amazon.com news, Director Keith Brian Alexander sold 900 shares of the stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $233.00, for a total transaction of $209,700.00. Following the completion of the sale, the director owned 7,170 shares of the company’s stock, valued at approximately $1,670,610. This represents a 11.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Daniel P. Huttenlocher sold 1,237 shares of Amazon.com stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $226.61, for a total transaction of $280,316.57. Following the transaction, the director directly owned 26,148 shares of the company’s stock, valued at $5,925,398.28. This represents a 4.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 79,734 shares of company stock valued at $18,534,017 over the last quarter. 9.70% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Raymond James Financial reduced their price objective on shares of Amazon.com from $275.00 to $260.00 and set an “outperform” rating for the company in a research report on Thursday. Truist Financial set a $290.00 price target on Amazon.com in a research note on Friday, October 31st. KeyCorp reissued an “overweight” rating on shares of Amazon.com in a research report on Friday, December 5th. JMP Securities set a $300.00 target price on shares of Amazon.com in a research report on Friday, October 31st. Finally, Bank of America increased their price target on shares of Amazon.com from $272.00 to $303.00 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and a consensus price target of $295.96.

Amazon.com Stock Up 0.6%

Shares of NASDAQ AMZN opened at $238.18 on Friday. The company has a 50 day simple moving average of $232.57 and a 200 day simple moving average of $228.42. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.01 and a quick ratio of 0.80. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The firm has a market cap of $2.55 trillion, a PE ratio of 33.64, a price-to-earnings-growth ratio of 1.49 and a beta of 1.37.

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 analysts’ expectations of $177.53 billion. Amazon.com had a net margin of 11.06% and a return on equity of 23.62%. The company’s revenue was up 13.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.43 EPS. On average, research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.