Amazon.com, Inc. $AMZN Stock Holdings Lifted by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 842,620 shares of the e-commerce giant’s stock after purchasing an additional 35,621 shares during the period. Amazon.com accounts for approximately 2.2% of Oppenheimer & Co. Inc.’s investment portfolio, making the stock its 4th largest holding. Oppenheimer & Co. Inc.’s holdings in Amazon.com were worth $209,939,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of AMZN. Red Crane Wealth Management LLC increased its position in Amazon.com by 2.3% during the 1st quarter. Red Crane Wealth Management LLC now owns 1,663 shares of the e-commerce giant’s stock worth $346,000 after purchasing an additional 38 shares in the last quarter. Stegent Equity Advisors Inc. boosted its stake in shares of Amazon.com by 2.7% during the 3rd quarter. Stegent Equity Advisors Inc. now owns 1,462 shares of the e-commerce giant’s stock worth $364,000 after purchasing an additional 39 shares during the last quarter. Robinson Smith Wealth Advisors LLC boosted its stake in shares of Amazon.com by 0.7% during the 1st quarter. Robinson Smith Wealth Advisors LLC now owns 5,509 shares of the e-commerce giant’s stock worth $1,147,000 after purchasing an additional 40 shares during the last quarter. Sfam LLC boosted its stake in shares of Amazon.com by 3.4% during the 1st quarter. Sfam LLC now owns 1,224 shares of the e-commerce giant’s stock worth $255,000 after purchasing an additional 40 shares during the last quarter. Finally, Measured Risk Portfolios Inc. grew its holdings in shares of Amazon.com by 3.4% during the first quarter. Measured Risk Portfolios Inc. now owns 1,206 shares of the e-commerce giant’s stock worth $251,000 after buying an additional 40 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

Amazon.com stock opened at $267.44 on Friday. 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 quick ratio of 0.82 and a current ratio of 0.99. The firm has a 50 day moving average price of $254.66 and a 200 day moving average price of $244.21. The company has a market cap of $2.89 trillion, a price-to-earnings ratio of 21.62, a PEG ratio of 2.02 and a beta of 1.49.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.08). The company had revenue of $201.94 billion for 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%. The business’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.95 EPS. Sell-side analysts predict that Amazon.com, Inc. will post 7.80 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Matthew Garman sold 14,541 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer owned 17,794 shares of the company’s stock, valued at approximately $4,609,713.64. The trade was a 44.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the business’s stock in a transaction dated 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 sale, the senior vice president directly owned 41,190 shares of the company’s stock, valued at approximately $10,699,926.30. This trade represents a 18.35% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 71,589 shares of company stock worth $18,545,595. 8.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

AMZN has been the subject of a number of analyst reports. Zacks Research lowered shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. Benchmark lifted their target price on shares of Amazon.com from $370.00 to $400.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Telsey Advisory Group reiterated an “outperform” rating and issued a $335.00 price target on shares of Amazon.com in a report on Friday, October 30th. HSBC reissued a “buy” rating and set a $310.00 price target on shares of Amazon.com in a research note on Friday, July 31st. Finally, Scotiabank decreased their price objective on Amazon.com from $325.00 to $300.00 and set a “sector outperform” rating on the stock in a report on Friday, October 30th. Two analysts have rated the stock with a Strong Buy rating, fifty-five have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $321.74.

Top Amazon.com Stories

These are some of the AMZN stories that stood out recently:

• Positive Sentiment: Amazon plans to hire 300,000 seasonal workers for the holidays, a sign of preparations for peak shopping demand. Investors are also watching a planned Amazon Leo rocket launch as a step toward expanding its satellite-internet service. What Is Going on with Amazon Stock on Thursday? Amazon Stock Rises Ahead of a Leo Rocket Launch
• Negative Sentiment: Risks include pushback from Eastern Washington residents over water use and transparency tied to a proposed data-center campus. Separately, Amazon’s planned roughly $220 billion in 2026 capital spending is weighing on free cash flow, even as the company invests to meet AI demand. Amazon data center plan draws protests Will Rising AI Capex Weigh on Amazon’s Free Cash Flow?
• Negative Sentiment: Amazon also faces legal overhangs: Italian prosecutors are pursuing an investigation into alleged unpaid import VAT and customs duties, and a U.S. court certified a class action alleging biometric-data violations involving Amazon Photos. Outcomes and potential financial exposure remain uncertain. Amazon Could Face Trial in Italy Over Unpaid Import VAT Class action over alleged Amazon Photos biometric-data collection

About Amazon.com

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.