Amazon.com, Inc. $AMZN Stock Holdings Trimmed by Wagner Wealth Management Corp

Wagner Wealth Management Corp trimmed its position in Amazon.com, Inc. (NASDAQ:AMZN) by 57.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,765 shares of the e-commerce giant’s stock after selling 2,336 shares during the period. Wagner Wealth Management Corp’s holdings in Amazon.com were worth $440,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of AMZN. Trust Asset Management LLC lifted its holdings in Amazon.com by 3.3% in the 2nd quarter. Trust Asset Management LLC now owns 107,563 shares of the e-commerce giant’s stock valued at $26,000 after purchasing an additional 3,414 shares in the last quarter. TOP Private Wealth LLC. purchased a new stake in shares of Amazon.com during the second quarter worth $29,000. Bard Associates Inc. acquired a new stake in shares of Amazon.com in the second quarter valued at about $32,000. Longfellow Investment Management Co. LLC acquired a new stake in shares of Amazon.com in the second quarter valued at about $33,000. Finally, Atomic Invest LLC lifted its stake in shares of Amazon.com by 41.2% in the second quarter. Atomic Invest LLC now owns 168 shares of the e-commerce giant’s stock worth $40,000 after buying an additional 49 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, SVP David Zapolsky sold 9,258 shares of the company’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $259.77, for a total value of $2,404,950.66. Following the completion of the sale, the senior vice president owned 41,190 shares in the company, valued at $10,699,926.30. This represents a 18.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian Olsavsky sold 6,172 shares of Amazon.com stock in a transaction on Friday, August 21st. The shares were sold at an average price of $260.31, for a total transaction of $1,606,633.32. Following the completion of the transaction, the chief financial officer owned 109,207 shares in the company, valued at approximately $28,427,674.17. This represents a 5.35% 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 have sold a total of 70,589 shares of company stock worth $18,302,125 over the last ninety days. 8.90% of the stock is owned by corporate insiders.

Amazon.com Trading Up 2.2%

Shares of AMZN stock opened at $245.63 on Tuesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. The stock has a market capitalization of $2.65 trillion, a P/E ratio of 19.86, a price-to-earnings-growth ratio of 1.98 and a beta of 1.45. The company has a 50 day moving average price of $254.02 and a 200 day moving average price of $243.11. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.08). The firm had revenue of $201.94 billion during the quarter, compared to analysts’ expectations of $202.22 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. The firm’s revenue was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.95 EPS. Equities research analysts predict that Amazon.com, Inc. will post 8.00 EPS for the current fiscal year.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Phillip Securities upgraded Amazon (AMZN) to Buy from Accumulate and raised its price target to $330 from $320, citing strong cloud demand visibility and Amazon’s positioning in artificial intelligence. Stock Market Today, Nov. 2: Amazon Rallies on Phillip Securities Buy Upgrade and $330 Target
• Positive Sentiment: Investors are emphasizing AWS, where revenue reportedly grew 39%, alongside improving operating leverage in Amazon’s retail business. Analysts argue that AWS could become a substantially larger profit and revenue driver over time. Is Amazon Stock a Buy as Cloud Revenue Continues to Surge?
• Positive Sentiment: Additional bullish commentary includes reiterated outperform and buy ratings, with some analysts maintaining targets above $300. Amazon’s broad exposure to e-commerce, advertising, cloud computing and AI supports the long-term investment case. Amazon’s AWS Growth and Profitability Support a Buy Despite Price Target Cut to $300
• Positive Sentiment: Amazon’s $25 Thanksgiving meal bundle with same-day delivery highlights continued efforts to increase grocery convenience and holiday spending, although the direct earnings impact is likely limited. Amazon Offers Same-Day Delivery for Thanksgiving Meals
• Neutral Sentiment: Amazon’s third-quarter revenue rose 12.1% to approximately $201.9 billion, but earnings of $1.89 per share missed the $1.97 consensus estimate. The mixed results explain the recent volatility and leave investors focused on AWS profitability and forward spending.
• Negative Sentiment: Amazon’s aggressive AI and data-center investment plan is expected to pressure free cash flow. A proposed $2 billion Ohio data center also faces local opposition, creating potential delays or additional costs. Amazon’s $2 Billion Data Center Faces Election Day Threat
• Negative Sentiment: Some analysts warn that AI shopping agents could reduce Amazon’s control over product discovery, customer traffic and advertising, posing a longer-term competitive threat. The Shopping Bots Are Coming for Amazon

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on AMZN shares. JPMorgan Chase & Co. upped their price target on Amazon.com from $330.00 to $365.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Zacks Research downgraded Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. Susquehanna reiterated a “positive” rating on shares of Amazon.com in a research report on Friday. Royal Bank Of Canada reissued an “outperform” rating and set a $330.00 price objective on shares of Amazon.com in a research note on Friday. Finally, Bank of America restated a “buy” rating and issued a $317.00 target price on shares of Amazon.com in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Amazon.com has an average rating of “Moderate Buy” and an average price target of $320.86.

About Amazon.com

Amazon.com, Inc is a global technology and e-commerce company founded by Jeff Bezos in 1994. Originally launched as an online bookstore, the company has expanded into a broad digital marketplace offering consumer products across numerous categories, including electronics, household goods, apparel, groceries and other merchandise. Amazon also sells products under its own brands and provides logistics, fulfillment and delivery services that support its retail operations and third-party sellers.

The company’s principal businesses include online and physical retail, Amazon Web Services (AWS), digital advertising, subscription services and consumer technology.