Amazon.com, Inc. $AMZN Stock Position Increased by Petredis Investment Advisors LLC

Posted by Geri Gentry on Nov 3rd, 2026

Petredis Investment Advisors LLC increased its stake in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 2.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 173,958 shares of the e-commerce giant’s stock after acquiring an additional 3,782 shares during the quarter. Amazon.com makes up about 2.8% of Petredis Investment Advisors LLC’s portfolio, making the stock its 12th biggest holding. Petredis Investment Advisors LLC’s holdings in Amazon.com were worth $43,342,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in AMZN. Trust Asset Management LLC raised its stake 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 during the last quarter. TOP Private Wealth LLC. purchased a new position in Amazon.com in the 2nd quarter valued at $29,000. Bard Associates Inc. acquired a new stake in Amazon.com during the 2nd quarter worth $32,000. Longfellow Investment Management Co. LLC acquired a new stake in Amazon.com during the 2nd quarter worth $33,000. Finally, Atomic Invest LLC grew its holdings in shares of Amazon.com by 41.2% during 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 institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on AMZN shares. Piper Sandler restated an “overweight” rating on shares of Amazon.com in a research report on Friday. Susquehanna reiterated a “positive” rating on shares of Amazon.com in a report on Friday. TD Cowen reissued a “buy” rating and issued a $340.00 target price (down from $350.00) on shares of Amazon.com in a research note on Friday. BMO Capital Markets restated an “outperform” rating on shares of Amazon.com in a report on Tuesday, October 20th. Finally, Wells Fargo & Company lowered their target price on Amazon.com from $329.00 to $326.00 and set an “overweight” rating on the stock in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com has an average rating of “Moderate Buy” and a consensus price target of $320.86.

Check Out Our Latest Stock Analysis on AMZN

Amazon.com Stock Performance

NASDAQ:AMZN 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 PEG 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 – Get Free Report) last released its quarterly earnings results 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). Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. The firm had revenue of $201.94 billion for the quarter, compared to analyst estimates of $202.22 billion. During the same quarter last year, the company earned $1.95 earnings per share. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. Equities research analysts forecast that Amazon.com, Inc. will post 8.00 EPS for the current year.

Amazon.com News Roundup

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

Insider Activity at Amazon.com

In other news, CFO Brian T. Olsavsky sold 6,172 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $260.31, for a total value of $1,606,633.32. Following the sale, the chief financial officer directly owned 109,207 shares in the company, valued at approximately $28,427,674.17. This trade represents a 5.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of Amazon.com 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 completion of the transaction, the senior vice president owned 41,190 shares of the company’s stock, valued at $10,699,926.30. The trade was a 18.35% 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 70,589 shares of company stock worth $18,302,125 over the last ninety days. Company insiders own 8.90% of the company’s stock.

Amazon.com Company Profile

(Free Report)

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.