3,749 Amazon.com, Inc. $AMZN Shares Purchased by Sepio Capital LP

Sepio Capital LP increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 4.5% in the 3rd quarter, Holdings Channel reports. The fund owned 87,336 shares of the e-commerce giant’s stock after purchasing an additional 3,749 shares during the period. Amazon.com makes up about 0.9% of Sepio Capital LP’s portfolio, making the stock its 24th biggest position. Sepio Capital LP’s holdings in Amazon.com were worth $21,760,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of AMZN. Visionary Horizons LLC lifted its holdings in shares of Amazon.com by 52.9% during the 3rd quarter. Visionary Horizons LLC now owns 2,447 shares of the e-commerce giant’s stock valued at $610,000 after buying an additional 847 shares during the last quarter. Cogent Strategic Wealth LLC grew its stake in shares of Amazon.com by 12.8% in the 3rd quarter. Cogent Strategic Wealth LLC now owns 2,812 shares of the e-commerce giant’s stock valued at $701,000 after buying an additional 318 shares in the last quarter. Strategic Planning Group LLC increased its holdings in Amazon.com by 41.9% in the third quarter. Strategic Planning Group LLC now owns 198,076 shares of the e-commerce giant’s stock worth $49,351,000 after buying an additional 58,469 shares during the last quarter. CMH Wealth Management LLC increased its holdings in Amazon.com by 6.9% in the third quarter. CMH Wealth Management LLC now owns 95,792 shares of the e-commerce giant’s stock worth $23,867,000 after buying an additional 6,153 shares during the last quarter. Finally, Benin Management CORP increased its holdings in Amazon.com by 2.0% in the third quarter. Benin Management CORP now owns 29,897 shares of the e-commerce giant’s stock worth $7,449,000 after buying an additional 600 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Performance

AMZN traded down $0.91 on Friday, hitting $259.30. The company had a trading volume of 42,467,151 shares, compared to its average volume of 42,636,872. The company’s fifty day moving average price is $253.96 and its 200 day moving average price is $243.57. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $287.20. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.99 and a quick ratio of 0.82. The stock has a market cap of $2.80 trillion, a price-to-earnings ratio of 20.96, a price-to-earnings-growth ratio of 1.86 and a beta of 1.49.

Amazon.com (NASDAQ:AMZN) last announced its 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). Amazon.com had a return on equity of 15.72% and a net margin of 16.90%. The company had revenue of $201.94 billion for the quarter, compared to the consensus estimate of $202.22 billion. During the same period in the previous year, the company earned $1.95 EPS. The firm’s revenue for the quarter was up 12.1% compared to the same quarter last year. Equities analysts predict that Amazon.com, Inc. will post 7.80 earnings per share for the current fiscal year.

More Amazon.com News

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

• Positive Sentiment: AWS growth could be a major long-term catalyst. CEO Andy Jassy sees AWS potentially becoming a $1 trillion business over the next decade, with strong AI demand supporting rapid growth. That outlook may help reassure investors that Amazon’s large infrastructure investments can generate substantial future revenue. Article: Amazon’s CEO Andy Jassy Just Announced Huge News for Amazon Investors
• Positive Sentiment: Advertising remains another growth engine. Amazon’s ad revenue grew 12% in the latest quarter, and management expects high-teens growth next, offering a potential boost beyond retail and cloud. Article: Not Alphabet. Not Meta. This Is the Digital Advertising Stock I’d Buy Right Now
• Neutral Sentiment: Amazon is testing text-based shopping with Alexa for selected U.S. customers. The AI assistant can help find products, build carts and complete purchases; the feature could improve shopping convenience, though its impact on sales is not yet clear. Article: Amazon rolls out text-based shopping through Alexa
• Negative Sentiment: Spending and cash-flow concerns remain a near-term overhang. Despite record operating margins, investors are scrutinizing the cash required for Amazon’s AI and data-center buildout. Its latest quarterly EPS and revenue also came in slightly below consensus estimates. Article: Amazon Just Delivered a Record-Breaking Quarter. But There’s One Number Investors Shouldn’t Ignore
• Negative Sentiment: Potential data-center rules could raise costs. Midterm election results have increased attention on restrictions that could require Amazon and other tech companies to pay more of the power and grid costs associated with their data centers, potentially complicating expansion plans. Article: Microsoft and Google Face a New Bill as Data Centers Have to Pay Their Own Costs

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Robert W. Baird set a $310.00 target price on shares of Amazon.com and gave the company an “outperform” rating in a research note on Friday, July 31st. DA Davidson set a $250.00 target price on shares of Amazon.com and gave the stock a “neutral” rating in a research report on Friday, October 30th. Scotiabank dropped their price target on shares of Amazon.com from $325.00 to $300.00 and set a “sector outperform” rating on the stock in a research note on Friday, October 30th. Wolfe Research restated an “outperform” rating and set a $315.00 price target on shares of Amazon.com in a report on Friday, July 31st. Finally, Susquehanna restated a “positive” rating on shares of Amazon.com in a report on Friday, October 30th. Two 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 stock. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $321.74.

Insiders Place Their Bets

In related news, SVP David Zapolsky sold 9,258 shares of the firm’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 transaction, the senior vice president directly owned 41,190 shares in the company, valued at approximately $10,699,926.30. This trade represents a 18.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Garman sold 14,541 shares of Amazon.com stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the completion of the transaction, the chief executive officer 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 71,589 shares of company stock valued at $18,545,595 in the last three months. Company insiders own 8.90% of the company’s stock.

Amazon.com Company Profile

Amazon.com, Inc is a technology and e-commerce company founded by Jeff Bezos in 1994 as an online bookstore. It has since grown into a global business serving consumers, sellers, developers, enterprises and content creators.

Amazon operates online stores and marketplaces, where it sells products directly and enables third-party sellers to reach customers. Its other businesses include Amazon Web Services, which provides cloud computing and related services; digital advertising; Prime memberships; and entertainment offerings such as streaming video and music.