Root Financial Partners LLC lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 13.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 47,577 shares of the e-commerce giant’s stock after buying an additional 5,610 shares during the quarter. Amazon.com makes up about 0.4% of Root Financial Partners LLC’s investment portfolio, making the stock its 28th largest position. Root Financial Partners LLC’s holdings in Amazon.com were worth $11,854,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently modified their holdings of AMZN. TOP Private Wealth LLC. purchased a new stake in Amazon.com in the 2nd quarter worth $29,000. Bard Associates Inc. bought a new stake in shares of Amazon.com in the second quarter worth about $32,000. Longfellow Investment Management Co. LLC bought a new stake in shares of Amazon.com in the second quarter worth about $33,000. Atomic Invest LLC lifted its position in shares of Amazon.com by 41.2% in 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. Finally, Strategic Wealth Advisors LLC purchased a new stake in shares of Amazon.com in the second quarter worth about $68,000. Institutional investors own 72.20% of the company’s stock.
Amazon.com Trading Down 2.2%
Shares of AMZN stock opened at $260.21 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 current ratio of 0.99 and a quick ratio of 0.82. The stock’s 50 day simple moving average is $253.89 and its two-hundred day simple moving average is $243.43. The company has a market cap of $2.81 trillion, a PE ratio of 21.04, a price-to-earnings-growth ratio of 2.02 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). The company had revenue of $201.94 billion during 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%. Amazon.com’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.95 EPS. Research analysts predict that Amazon.com, Inc. will post 7.80 earnings per share for the current year.
Insider Activity at Amazon.com
In related news, CEO Matthew S. Garman sold 14,541 shares of the firm’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 completion of the sale, the chief executive officer directly owned 17,794 shares in the company, valued at $4,609,713.64. This trade represents a 44.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,343 shares of the firm’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $606,860.43. Following the completion of the sale, the vice president owned 119,780 shares of the company’s stock, valued at approximately $31,024,217.80. This represents a 1.92% decrease in their ownership of the stock. 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 a total of 71,589 shares of company stock worth $18,545,595 in the last ninety days. Corporate insiders own 8.90% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on AMZN shares. The Goldman Sachs Group reissued a “conviction-buy” rating and set a $370.00 price target on shares of Amazon.com in a research note on Friday, October 30th. Guggenheim reaffirmed a “buy” rating and set a $320.00 price objective on shares of Amazon.com in a report on Friday, October 30th. Morgan Stanley lowered their target price on Amazon.com from $350.00 to $335.00 and set an “overweight” rating for the company in a research report on Friday, October 30th. Wells Fargo & Company cut their target price on shares of Amazon.com from $329.00 to $326.00 and set an “overweight” rating for the company in a report on Friday, October 30th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Amazon.com in a research report on Friday, October 30th. Two analysts have rated the stock with a Strong Buy rating, fifty-five have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $321.74.
View Our Latest Research Report on Amazon.com
Key Amazon.com News
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: AWS and AI opportunities support the long-term outlook. AWS growth has accelerated, and CEO Andy Jassy has indicated the cloud business could grow around 40% in 2027 and 2028. Amazon’s stake in Anthropic could also gain value if the AI company proceeds with a potential IPO, although the outcome is uncertain. AWS growth outlook Amazon’s Anthropic investment
- Positive Sentiment: New customer and shopping features could strengthen Prime. Amazon’s Uber Eats partnership lets Prime members order restaurant meals through Amazon, while expanded Alexa shopping tools add functions for managing subscriptions, billing questions, and lists. These moves may boost engagement, though their near-term financial impact is unclear. Uber Eats partnership Alexa shopping functions
- Neutral Sentiment: Amazon plans to raise U.S. marketplace fulfillment fees by an average of 19 cents per item in 2027. The increase could help offset costs but may add pressure on sellers. Seller fee changes
- Negative Sentiment: Market-wide tech weakness and spending concerns weighed on sentiment. Amazon shares pulled back as a technology selloff erased earlier gains. Investors are also weighing Amazon’s recent earnings miss against substantial AI and data-center investment, which raises concerns about cash flow and the timing of returns—even as AWS demand remains strong. Technology selloff Earnings and spending concerns
- Negative Sentiment: FTC allegations add advertising-related regulatory risk. The FTC alleges Amazon misled advertisers about the reasons for increases in ad prices around major shopping events, potentially adding legal and reputational concerns. FTC allegations
About Amazon.com
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.
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