Amazon.com, Inc. $AMZN is Associated Banc Corp’s 6th Largest Position

Associated Banc Corp lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% during the 1st quarter, HoldingsChannel.com reports. The fund owned 507,891 shares of the e-commerce giant’s stock after selling 3,485 shares during the quarter. Amazon.com makes up 2.9% of Associated Banc Corp’s portfolio, making the stock its 6th biggest holding. Associated Banc Corp’s holdings in Amazon.com were worth $96,631,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in AMZN. Castlekeep Investment Advisors LLC bought a new stake in Amazon.com in the fourth quarter valued at $25,000. Cooksen Wealth LLC bought a new stake in Amazon.com in the first quarter valued at $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com in the first quarter valued at $40,000. Capitol Family Office Inc. bought a new stake in Amazon.com in the first quarter valued at $42,000. Finally, Harbor Investment Advisory LLC boosted its holdings in Amazon.com by 0.7% in the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock valued at $58,000 after acquiring an additional 2,145 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Insiders Place Their Bets

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business’s stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the completion of the transaction, the insider owned 897,722,088 shares of the company’s stock, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last ninety days, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. 9.70% of the stock is currently owned by insiders.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $232.33 on Friday. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The business has a 50-day simple moving average of $225.74 and a two-hundred day simple moving average of $208.13. 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 firm has a market cap of $2.48 trillion, a price-to-earnings ratio of 35.42, a price-to-earnings-growth ratio of 1.58 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same quarter in the previous year, the firm earned $1.26 EPS. Amazon.com’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on AMZN shares. Citigroup reiterated an “overweight” rating on shares of Amazon.com in a report on Wednesday, August 13th. Citizens Jmp started coverage on Amazon.com in a research report on Thursday, July 10th. They set a “strong-buy” rating for the company. Monness Crespi & Hardt raised their price objective on Amazon.com from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Truist Financial raised their price objective on Amazon.com from $226.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, July 2nd. Finally, Westpark Capital reissued a “buy” rating and set a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $262.87.

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.