Phraction Management LLC Buys 3,176 Shares of Amazon.com, Inc. $AMZN

Phraction Management LLC grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 122,164 shares of the e-commerce giant’s stock after purchasing an additional 3,176 shares during the quarter. Amazon.com makes up approximately 7.7% of Phraction Management LLC’s portfolio, making the stock its 2nd largest holding. Phraction Management LLC’s holdings in Amazon.com were worth $26,824,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of AMZN. Kingstone Capital Partners Texas LLC boosted its holdings in Amazon.com by 542,733.6% during the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after acquiring an additional 132,616,953 shares during the period. Norges Bank acquired a new position in shares of Amazon.com during the 2nd quarter worth about $27,438,011,000. Nuveen LLC acquired a new position in shares of Amazon.com during the 1st quarter worth about $11,674,091,000. Vanguard Group Inc. boosted its stake in Amazon.com by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock valued at $186,420,422,000 after purchasing an additional 17,447,045 shares during the period. Finally, Laurel Wealth Advisors LLC grew its holdings in Amazon.com by 22,085.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant’s stock valued at $2,671,634,000 after buying an additional 12,122,668 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on AMZN shares. BNP Paribas assumed coverage on Amazon.com in a report on Monday, November 24th. They set an “outperform” rating for the company. Daiwa Capital Markets boosted their target price on shares of Amazon.com from $254.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday, November 11th. Barclays reissued an “overweight” rating and issued a $300.00 price target (up from $275.00) on shares of Amazon.com in a report on Friday, October 31st. Wells Fargo & Company restated an “overweight” rating and set a $295.00 price objective (up previously from $292.00) on shares of Amazon.com in a report on Tuesday, December 2nd. Finally, The Goldman Sachs Group upped their price objective on shares of Amazon.com from $240.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, October 3rd. Two investment analysts have rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $295.50.

Insider Buying and Selling at Amazon.com

In related news, Director Jonathan Rubinstein sold 8,173 shares of the business’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $250.03, for a total value of $2,043,495.19. Following the sale, the director owned 80,030 shares of the company’s stock, valued at $20,009,900.90. The trade was a 9.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $216.94, for a total value of $4,311,031.68. Following the completion of the sale, the chief executive officer owned 2,208,310 shares in the company, valued at $479,070,771.40. This trade represents a 0.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 82,234 shares of company stock worth $19,076,767 over the last three months. 10.80% of the stock is currently owned by insiders.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $232.14 on Wednesday. The firm has a market cap of $2.48 trillion, a P/E ratio of 32.79, a price-to-earnings-growth ratio of 1.57 and a beta of 1.37. The firm’s 50-day simple moving average is $230.01 and its 200-day simple moving average is $225.92. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.80 and a current ratio of 1.01.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter was up 13.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.43 earnings per share. As a group, research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Third Point raised its stake in Amazon, signaling confidence from a well-known activist investor and adding buying pressure from funds that track or follow marquee holders. Billionaire Investor Bets Bigger On Amazon As Cloud, AI Soar
• Positive Sentiment: Technical/order-flow traders flagged a Power Inflow alert around $230.21, a bullish short-term signal that can attract momentum traders and help lift the intraday price. Amazon Shares Hit Intraday High After Key Trading Signal
• Positive Sentiment: Amazon announced new AI integrations for Alexa with partners including Expedia, Yelp, Angi and Square — a product push that supports service revenue growth and AI monetization opportunities. Amazon Intros AI Integrations For Alexa With Square, Expedia, Yelp and Angi
• Positive Sentiment: Multiple analysts continue to reiterate Buy ratings and $300+ price targets, and firms like BMO have lifted AWS growth forecasts — reinforcing a bullish medium-term narrative tied to AI-driven cloud demand. That analyst backing supports investor conviction. Amazon Looks Stuck—So Why Do Analysts Keep Calling for $300?
• Neutral Sentiment: Amazon Now (ultra-fast urban delivery) and continued AWS execution are framed as catalysts, but investors are waiting for proof that speed scales without margin damage — so these are potential positives that need execution. Amazon Now Delivery Push Could Boost Its 2026 Outlook
• Negative Sentiment: Zoox, Amazon’s self-driving unit, is recalling 332 U.S. vehicles over an automated-driving software error — a regulatory and execution risk that could draw scrutiny and near-term costs. Amazon’s Zoox to recall 332 US vehicles over software error, NHTSA says
• Negative Sentiment: Sen. Elizabeth Warren and others are probing whether big cloud/AI players are shifting data-center energy costs onto consumers — a regulatory risk that could pressure sentiment around AWS and broader policy exposure. Elizabeth Warren Warns Amazon And Meta Could Be Passing AI Data Center Costs Onto Consumers
• Neutral Sentiment: Bolivia’s decree to allow satellite ISPs mentions companies (including Amazon) planning data-center investment — a longer-term market expansion note but unlikely to move the stock immediately. Bolivia lifts restrictions on satellite companies like Starlink to upgrade its internet connectivity

About Amazon.com

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.