Amazon.com, Inc. $AMZN Position Boosted by Milestones Administradora de Recursos Ltda.

Posted by Stanley Muller on Nov 4th, 2026

Milestones Administradora de Recursos Ltda. boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 5.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 297,254 shares of the e-commerce giant’s stock after buying an additional 16,105 shares during the quarter. Amazon.com makes up 13.3% of Milestones Administradora de Recursos Ltda.’s holdings, making the stock its 2nd biggest position. Milestones Administradora de Recursos Ltda.’s holdings in Amazon.com were worth $74,061,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Element Pointe Advisors LLC increased its holdings in Amazon.com by 1.2% in the third quarter. Element Pointe Advisors LLC now owns 5,878 shares of the e-commerce giant’s stock valued at $1,464,000 after buying an additional 69 shares in the last quarter. Canoe Financial LP raised its position in shares of Amazon.com by 38.9% in the third quarter. Canoe Financial LP now owns 373,810 shares of the e-commerce giant’s stock worth $92,791,000 after acquiring an additional 104,610 shares during the period. Guardian Partners Inc. boosted its stake in shares of Amazon.com by 47.3% during the 3rd quarter. Guardian Partners Inc. now owns 23,312 shares of the e-commerce giant’s stock worth $5,808,000 after acquiring an additional 7,485 shares in the last quarter. Stillwater Wealth Management Group boosted its stake in shares of Amazon.com by 0.7% during the 3rd quarter. Stillwater Wealth Management Group now owns 19,671 shares of the e-commerce giant’s stock worth $4,901,000 after acquiring an additional 131 shares in the last quarter. Finally, Ellis Investment Partners LLC boosted its stake in shares of Amazon.com by 1.7% during the 3rd quarter. Ellis Investment Partners LLC now owns 17,886 shares of the e-commerce giant’s stock worth $4,456,000 after acquiring an additional 307 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on AMZN. Citizens Jmp cut their price target on Amazon.com from $315.00 to $275.00 and set a “market outperform” rating for the company in a research note on Friday, October 30th. Evercore reaffirmed an “outperform” rating on shares of Amazon.com in a report on Friday. The Goldman Sachs Group reiterated a “conviction-buy” rating and set a $370.00 price target on shares of Amazon.com in a research report on Friday. Telsey Advisory Group reissued an “outperform” rating and issued a $335.00 price objective on shares of Amazon.com in a report on Friday, October 30th. Finally, Wells Fargo & Company cut their price objective on Amazon.com from $329.00 to $326.00 and set an “overweight” rating for the company in a research report on Friday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $321.02.

View Our Latest Stock Report on Amazon.com

Insider Buying and Selling

In other news, SVP David Zapolsky sold 9,258 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the senior vice president directly owned 41,190 shares in the company, valued at approximately $10,699,926.30. The trade was a 18.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Garman sold 14,541 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.06, for a total value of $3,766,991.46. Following the completion of the sale, the chief executive officer directly owned 17,794 shares of the company’s stock, valued at approximately $4,609,713.64. This trade represents a 44.97% 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. Insiders sold 70,589 shares of company stock valued at $18,302,125 in the last 90 days. 8.90% of the stock is owned by company insiders.

Amazon.com Trading Up 2.1%

AMZN stock opened at $250.69 on Wednesday. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20. The business’s 50-day moving average is $253.79 and its 200 day moving average is $243.18. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 0.28. The stock has a market cap of $2.71 trillion, a price-to-earnings ratio of 20.27, a PEG ratio of 1.86 and a beta of 1.49.

Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its 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 net margin of 16.90% and a return on equity of 15.72%. The firm had revenue of $201.94 billion for the quarter, compared to analyst estimates of $202.22 billion. During the same period in the previous year, the company earned $1.95 EPS. Amazon.com’s revenue was up 12.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 7.84 EPS for the current fiscal year.

More Amazon.com News

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

Positive Sentiment: Amazon said commitments for its custom chips have increased more than 20-fold and plans to make Trainium available beyond AWS in late 2027, strengthening its opportunity to monetize AI infrastructure. Article: Amazon Stocks Edge Higher as Custom-Chip Commitments Increase More Than 20-Fold
Positive Sentiment: Analyst support added momentum: Freedom Broker raised its price target to $330 and maintained a Buy rating, while Phillip Securities upgraded Amazon to Strong Buy. AWS growth is a key part of the bullish case. Freedom Broker rating
Positive Sentiment: Early Black Friday promotions may support retail sales and customer engagement as Amazon enters the holiday shopping season. Article: Amazon Stock Rises on Early Black Friday Deals and Discounts
Neutral Sentiment: Amazon’s updated software-engineering guidelines emphasize customer results rather than how much engineers use AI. The shift signals adaptation to AI-assisted development but has no clear immediate financial impact. Article: Amazon rewrites its software engineering playbook
Negative Sentiment: Investors remain concerned that the AI buildout is weighing on cash generation: reports cited a $34.8 billion free-cash-flow outflow and plans for substantial infrastructure investment. Strong cloud growth may help justify the spending, but returns and funding remain risks. Article: Amazon Lines Up $80 Billion of Supplier Financing
Negative Sentiment: A separate report highlighted concerns about slowing e-commerce growth and worsening cash burn despite accelerating cloud revenue, tempering the bullish AI narrative. Article: Amazon’s Earnings Just Hit a Record. So Why Is the Stock Down 11% From Its Peak?

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.