Amazon.com, Inc. $AMZN Stock Acquired by Smith Chas P & Associates PA Cpas

Smith Chas P & Associates PA Cpas lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.4% during the third quarter, Holdings Channel reports. The institutional investor owned 197,786 shares of the e-commerce giant’s stock after purchasing an additional 2,748 shares during the quarter. Amazon.com comprises 2.5% of Smith Chas P & Associates PA Cpas’ investment portfolio, making the stock its 16th biggest holding. Smith Chas P & Associates PA Cpas’ holdings in Amazon.com were worth $49,446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Cypress Wealth Services LLC raised its position in Amazon.com by 1.6% in the third quarter. Cypress Wealth Services LLC now owns 34,897 shares of the e-commerce giant’s stock worth $8,944,000 after acquiring an additional 546 shares in the last quarter. Kooman & Associates lifted its holdings in Amazon.com by 7.0% in the third quarter. Kooman & Associates now owns 4,048 shares of the e-commerce giant’s stock valued at $1,009,000 after acquiring an additional 266 shares during the period. Obermeyer Wealth Partners boosted its position in shares of Amazon.com by 0.7% during the 3rd quarter. Obermeyer Wealth Partners now owns 321,227 shares of the e-commerce giant’s stock worth $80,034,000 after purchasing an additional 2,132 shares in the last quarter. Cardinal Capital Management boosted its position in shares of Amazon.com by 4.2% during the 3rd quarter. Cardinal Capital Management now owns 4,648 shares of the e-commerce giant’s stock worth $1,158,000 after purchasing an additional 187 shares in the last quarter. Finally, Cardinal Point Capital Management ULC grew its stake in shares of Amazon.com by 4.4% during the 3rd quarter. Cardinal Point Capital Management ULC now owns 39,791 shares of the e-commerce giant’s stock worth $9,914,000 after purchasing an additional 1,694 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Activity

In other Amazon.com news, CEO Douglas Herrington sold 6,362 shares of Amazon.com stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $1,647,821.62. Following the completion of the transaction, the chief executive officer owned 476,681 shares in the company, valued at approximately $123,465,145.81. The trade was a 1.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the completion of the sale, the chief executive officer directly owned 17,794 shares in the company, valued at $4,609,713.64. This trade represents a 44.97% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 71,589 shares of company stock worth $18,545,595 in the last three months. Company insiders own 8.90% of the company’s stock.

Amazon.com Trading Down 2.2%

Shares of AMZN stock opened at $260.21 on Friday. The stock has a market cap of $2.81 trillion, a P/E ratio of 21.04, a P/E/G ratio of 2.02 and a beta of 1.49. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 0.28. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. The business has a fifty day simple moving average of $253.89 and a 200-day simple moving average of $243.43.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, October 29th. The e-commerce giant reported $1.89 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.08). The business 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 15.72% and a net margin of 16.90%. Amazon.com’s quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.95 earnings per share. On average, analysts forecast that Amazon.com, Inc. will post 7.80 earnings per share for the current fiscal year.

Key Amazon.com News

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

• Positive Sentiment: AWS and AI opportunities support the long-term outlook. AWS growth has accelerated, and CEO Andy Jassy has indicated the cloud business could grow around 40% in 2027 and 2028. Amazon’s stake in Anthropic could also gain value if the AI company proceeds with a potential IPO, although the outcome is uncertain. AWS growth outlook Amazon’s Anthropic investment
• Positive Sentiment: New customer and shopping features could strengthen Prime. Amazon’s Uber Eats partnership lets Prime members order restaurant meals through Amazon, while expanded Alexa shopping tools add functions for managing subscriptions, billing questions, and lists. These moves may boost engagement, though their near-term financial impact is unclear. Uber Eats partnership Alexa shopping functions
• Neutral Sentiment: Amazon plans to raise U.S. marketplace fulfillment fees by an average of 19 cents per item in 2027. The increase could help offset costs but may add pressure on sellers. Seller fee changes
• Negative Sentiment: Market-wide tech weakness and spending concerns weighed on sentiment. Amazon shares pulled back as a technology selloff erased earlier gains. Investors are also weighing Amazon’s recent earnings miss against substantial AI and data-center investment, which raises concerns about cash flow and the timing of returns—even as AWS demand remains strong. Technology selloff Earnings and spending concerns
• Negative Sentiment: FTC allegations add advertising-related regulatory risk. The FTC alleges Amazon misled advertisers about the reasons for increases in ad prices around major shopping events, potentially adding legal and reputational concerns. FTC allegations

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on AMZN shares. Wells Fargo & Company cut their price target on shares of Amazon.com from $329.00 to $326.00 and set an “overweight” rating for the company in a report on Friday, October 30th. UBS Group reissued a “buy” rating and set a $348.00 price objective (up from $318.00) on shares of Amazon.com in a report on Monday, October 26th. Barclays restated an “overweight” rating and set a $365.00 target price (up from $330.00) on shares of Amazon.com in a research report on Friday, July 31st. Guggenheim reaffirmed a “buy” rating and issued a $320.00 target price on shares of Amazon.com in a report on Friday, October 30th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $330.00 target price on shares of Amazon.com in a report on Friday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, fifty-five have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $321.74.

Amazon.com Profile

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.