12,715 Amazon.com, Inc. $AMZN Shares Bought by Prairie Advisory LLC

Prairie Advisory LLC increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 97.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 25,750 shares of the e-commerce giant’s stock after purchasing an additional 12,715 shares during the quarter. Amazon.com comprises 0.7% of Prairie Advisory LLC’s investment portfolio, making the stock its 26th largest holding. Prairie Advisory LLC’s holdings in Amazon.com were worth $6,416,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of AMZN. State Street Corp raised its holdings in shares of Amazon.com by 5.5% during the second quarter. State Street Corp now owns 411,848,346 shares of the e-commerce giant’s stock valued at $95,504,904,000 after purchasing an additional 21,398,025 shares during the period. Bank of America Corp DE bought a new position in shares of Amazon.com during the 2nd quarter worth about $22,218,775,000. Bank of New York Mellon Corp acquired a new stake in shares of Amazon.com in the 2nd quarter valued at about $16,341,405,000. Amundi grew its stake in shares of Amazon.com by 3.9% in the 2nd quarter. Amundi now owns 63,822,242 shares of the e-commerce giant’s stock valued at $15,211,393,000 after buying an additional 2,421,739 shares during the period. Finally, Legal & General Group Plc acquired a new stake in shares of Amazon.com in the 2nd quarter valued at about $12,831,376,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Trending Headlines about Amazon.com

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

• Positive Sentiment: AWS growth accelerated sharply. Amazon Web Services revenue rose 39% to approximately $46 billion, its fastest growth rate in nearly five years, while AWS generated about 63% of Amazon’s operating profit. CEO Andy Jassy said growth could exceed 40% in 2027 and 2028 as businesses continue migrating workloads to the cloud. Amazon AWS revenue grows 39%, leading to wider margin
• Positive Sentiment: Long-term AI and infrastructure demand remains strong. AWS capacity is reportedly booked through much of next year, and Amazon continues to secure power for expansion, including an agreement supporting more than $3 billion of investment at Maryland’s Calvert Cliffs nuclear plant. Amazon also received approval for its Globalstar deal, supporting its satellite-connectivity ambitions. Amazon wins FCC approval for Globalstar deal
• Neutral Sentiment: Amazon held its 2026 capital-expenditure forecast at $220 billion. Management indicated AI-related spending could be “meaningfully” higher in 2027. The investment may support future AWS and AI growth, but investors are demanding clearer evidence that the spending will generate adequate returns. Amazon CEO sees AI spending meaningfully higher in 2027
• Negative Sentiment: Amazon missed quarterly expectations. Adjusted earnings were $1.89 per share versus the roughly $1.97–$2.01 consensus range, while revenue of $201.9 billion was slightly below forecasts. Earnings also declined from the year-ago period. Amazon lags Q3 earnings and revenue estimates
• Negative Sentiment: The fourth-quarter outlook disappointed investors. Amazon projected holiday-quarter sales largely below Wall Street estimates, raising concerns about slower e-commerce demand as inflation and higher household costs weigh on consumers. Amazon projects fourth-quarter sales below estimates
• Negative Sentiment: Cash-flow pressure intensified. Amazon reported approximately $42.4 billion of negative free cash flow as data-center and AI investment surged. The combination of heavy spending, uncertain payback periods, and broader market anxiety over the AI trade is driving the negative reaction despite AWS’s strong performance. Amazon posts negative free cash flow and holds capex unchanged

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Bank of America upped their price target on Amazon.com from $310.00 to $320.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. The Goldman Sachs Group reissued a “buy” rating and issued a $375.00 price objective (up from $335.00) on shares of Amazon.com in a research note on Friday, July 31st. Weiss Ratings restated a “buy (b)” rating on shares of Amazon.com in a report on Monday, August 3rd. Telsey Advisory Group set a $335.00 target price on Amazon.com and gave the stock an “outperform” rating in a research report on Friday, July 31st. Finally, Barclays reaffirmed 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. Fifty-seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $325.12.

Amazon.com Price Performance

AMZN stock opened at $243.79 on Friday. The company has a market capitalization of $2.63 trillion, a P/E ratio of 19.61, a price-to-earnings-growth ratio of 1.98 and a beta of 1.45. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $287.20. The business has a 50-day simple moving average of $254.67 and a two-hundred day simple moving average of $243.12.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, October 29th. The e-commerce giant reported $1.89 EPS 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 the consensus estimate of $202.22 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. 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 firm posted $1.95 earnings per share. Research analysts expect that Amazon.com, Inc. will post 8.00 EPS for the current fiscal year.

Insider Activity at Amazon.com

In related news, CEO Douglas Herrington sold 6,362 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $1,647,821.62. Following the completion of the sale, the chief executive officer owned 476,681 shares in the company, valued at approximately $123,465,145.81. This represents a 1.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed 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 on Friday, August 21st. The stock was sold at an average price of $259.06, for a total value of $3,766,991.46. Following the sale, the chief executive officer owned 17,794 shares of the company’s stock, 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 have sold 71,589 shares of company stock valued at $18,580,515 over the last 90 days. Corporate insiders own 8.90% of the company’s stock.

Amazon.com Company 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.