Amazon.com, Inc. (NASDAQ:AMZN) is Citizens National Bank Trust Department’s 5th Largest Position

Amazon.com, Inc. (NASDAQ:AMZN) is Citizens National Bank Trust Department’s 5th Largest Position

  • 22.03.2025 08:04
  • etfdailynews.com
  • Keywords: High Risk

Citizens National Bank Trust Department increased its Amazon shares by 0.1%, making it their fifth-largest holding at 3% of their portfolio. Amazon has a $2.08 trillion market cap, EPS of $1.86, and analysts rate it a "Moderate Buy" with a price target of $260.65.

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Estimated market influence

Citizens National Bank Trust Department

Positivesentiment_satisfied
Analyst rating: N/A

Increased their position in Amazon.com by 0.1% in the 4th quarter, owning 64,741 shares worth $14,204,000.

International Assets Investment Management LLC

Positivesentiment_satisfied
Analyst rating: N/A

Raised its holdings by 20,897.2% during the third quarter, now owning 39,135,449 shares worth $72,921,080,000.

Parnassus Investments LLC

Positivesentiment_satisfied
Analyst rating: N/A

Increased its stake by 82,457.3% during the third quarter, owning 11,405,294 shares worth $2,125,148,000.

State Street Corp

Positivesentiment_satisfied
Analyst rating: —

Raised its stake by 3.3% in the third quarter, now owning 359,179,990 shares worth $66,926,008,000.

Geode Capital Management LLC

Positivesentiment_satisfied
Analyst rating: N/A

Grew its stake by 3.4% in the third quarter, owning 199,915,046 shares valued at $37,116,341,000.

Strategic Financial Concepts LLC

Positivesentiment_satisfied
Analyst rating: N/A

Increased its holdings by 23,742.9% in the fourth quarter, owning 5,102,618 shares worth $1,119,463,000.

Amazon.com, Inc.

Amazon.com, Inc.

Positivesentiment_satisfied
Analyst rating: Strong buy

Reported earnings per share of $1.86, topping estimates; has a market cap of $2.08 trillion and strong financial metrics including a P/E ratio of 35.48.

Wolfe Research

Positivesentiment_satisfied
Analyst rating: N/A

Increased price target to $270.00 and gave an 'outperform' rating.

Jefferies Financial Group

Jefferies Financial Group

Positivesentiment_satisfied
Analyst rating: Buy

Raised target price to $275.00 with a 'buy' rating.

Oppenheimer

Positivesentiment_satisfied
Analyst rating: N/A

Upgraded price objective to $260.00 and gave an 'outperform' rating.

Tigress Financial

Positivesentiment_satisfied
Analyst rating: N/A

Increased target price to $290.00 with a 'buy' rating.

Piper Sandler

Positivesentiment_satisfied
Analyst rating: N/A

Reiterated 'overweight' rating and raised target price to $265.00.

Context

Analysis of Amazon.com (NASDAQ:AMZN) Stock Position and Market Insights

Institutional Ownership and Investment Activity

  • Citizens National Bank Trust Department:

    • Increased holdings by 0.1% in the 4th quarter.
    • Total shares owned: 64,741.
    • Portfolio value of Amazon.com stock: $14,204,000 (3.0% of total portfolio).
    • Ranked as the 5th largest position in its holdings.

  • Other Institutional Investors:

    • International Assets Investment Management LLC: Increased stake by 20,897.2%, owning 39,135,449 shares worth $72,921,080,000.
    • Parnassus Investments LLC: Stake increased by 82,457.3%, holding 11,405,294 shares valued at $2,125,148,000.
    • State Street Corp: Increased holdings by 3.3%, owning 359,179,990 shares worth $66,926,080,000.
    • Geode Capital Management LLC: Stake grew by 3.4%, holding 199,915,046 shares valued at $37,116,341,000.
    • Strategic Financial Concepts LLC: Increased holdings by 23,742.9%, owning 5,102,618 shares worth $1,119,463,000.

  • Total Institutional Ownership: 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

  • Opening Price: $196.21 on Friday.
  • Moving Averages: 50-day MA: $218.90, 200-day MA: $207.97.
  • Market Capitalization: $2.08 trillion.
  • Key Metrics:
    • P/E ratio: 35.48.
    • PEG ratio: 1.50.
    • Beta: 1.19.
    • 1-year low: $151.61, 1-year high: $242.52.
    • Debt-to-equity ratio: 0.18, Quick ratio: 0.87, Current ratio: 1.06.

Earnings and Financial Performance

  • Q4 Earnings: Amazon reported $1.86 EPS, beating the consensus estimate of $1.52.
  • Net Margin: 9.29%.
  • Return on Equity (ROE): 24.25%.
  • Analyst Consensus: Expected $6.31 EPS for the current fiscal year.

Insider Transactions

  • CEO Douglas J. Herrington: Sold 5,501 shares at an average price of $228.44, reducing his stake by 1.08%. Total transaction value: $1,256,648.44.
  • VP ( unnamed): Sold 8,833 shares at an average price of $222.47, reducing their stake by 6.87%. Total transaction value: $1,965,077.51.
  • Total Insider Sales in Last 90 Days: 102,298 shares worth $22,871,828.
  • Insider Ownership: 10.80% of the company’s stock.

Analyst Ratings and Price Targets

  • Consensus Rating: "Moderate Buy" with a consensus price target of $260.65.
  • Recent Upgrades/Downgrades:
    • Wolfe Research: Increased target from $250.00 to $270.00, "Outperform" rating.
    • Jefferies Financial Group: Increased target from $235.00 to $275.00, "Buy" rating.
    • Oppenheimer: Increased target from $230.00 to $260.00, "Outperform" rating.
    • Tigress Financial: Increased target from $245.00 to $290.00, "Buy" rating.
    • Piper Sandler: Reiterated "Overweight" rating with a target of $265.00 (up from $225.00).

Business Overview

  • Amazon.com operates through three segments: North America, International, and Amazon Web Services (AWS).
  • Key products: Kindles, Fire tablets, Fire TVs, Echo, Ring, Blink, eero.
  • Media content development and production.
  • Dominant player in e-commerce, cloud computing (AWS), and consumer electronics.

Market Implications and Strategic Considerations

  1. Institutional Confidence: Significant increases in holdings by major investors indicate confidence in Amazon’s long-term growth potential.
  2. Positive Earnings and Valuations: Strong financial performance and high analyst ratings suggest continued investor interest.
  3. Insider Sales: While insiders have reduced their stakes, their significant ownership (10.8%) underscores their alignment with company success.
  4. Competitive Dynamics: Amazon’s dominance across multiple sectors (e-commerce, cloud services, consumer electronics) positions it as a key player in the global market.
  5. Regulatory Environment: Potential regulatory scrutiny could impact AWS and e-commerce operations, but no major issues have been highlighted in the text.

Long-Term Effects and Industry Impact

  • Amazon’s diversification into AWS, media, and physical products ensures resilience across economic cycles.
  • Continued innovation in AI, logistics, and cloud services is expected to drive long-term growth.
  • The company’s ability to adapt to changing consumer preferences and technological advancements will be critical for maintaining its market leadership.