Ramsay Stattman Vela & Price Inc. grew its stake in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 8.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 92,686 shares of the e-commerce giant’s stock after buying an additional 7,288 shares during the quarter. Amazon.com accounts for 4.1% of Ramsay Stattman Vela & Price Inc.’s holdings, making the stock its 5th biggest position. Ramsay Stattman Vela & Price Inc.’s holdings in Amazon.com were worth $23,093,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. TOP Private Wealth LLC. bought a new stake in Amazon.com in the 2nd quarter valued at $29,000. Bard Associates Inc. bought a new position in Amazon.com during the 2nd quarter worth about $32,000. Longfellow Investment Management Co. LLC acquired a new stake in shares of Amazon.com in the 2nd quarter valued at about $33,000. Atomic Invest LLC raised its stake in shares of Amazon.com by 41.2% in the 2nd quarter. Atomic Invest LLC now owns 168 shares of the e-commerce giant’s stock valued at $40,000 after purchasing an additional 49 shares during the period. Finally, Strategic Wealth Advisors LLC acquired a new stake in shares of Amazon.com in the 2nd quarter valued at about $68,000. Institutional investors and hedge funds own 72.20% of the company’s stock.
Insider Buying and Selling at Amazon.com
In other Amazon.com news, CEO Andrew R. Jassy sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the transaction, the chief executive officer owned 2,235,766 shares of the company’s stock, valued at $579,085,751.66. The trade was a 0.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $251.50, for a total value of $251,500.00. Following the transaction, the chief executive officer directly owned 474,681 shares in the company, valued at $119,382,271.50. This trade represents a 0.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 valued at $18,580,515 in the last ninety days. Insiders own 8.90% of the company’s stock.
Amazon.com Trading Down 1.4%
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted 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 business had revenue of $201.94 billion for the quarter, compared to analyst estimates of $202.22 billion. Amazon.com had a return on equity of 16.94% and a net margin of 16.90%. The company’s quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.95 earnings per share. On average, equities analysts forecast that Amazon.com, Inc. will post 8.00 EPS for the current fiscal year.
Amazon.com News Roundup
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: AWS growth accelerated significantly. Amazon Web Services revenue rose 39% to approximately $46 billion, its fastest growth in nearly five years. Management said AWS could grow more than 40% annually in 2027 and 2028, supported by AI demand, a large backlog and rising cloud workloads. Analysts including JPMorgan, Canaccord, Monness and RBC maintained bullish ratings or targets, viewing AWS as a potential long-term, trillion-dollar business. AWS growth hits 39 percent
- Positive Sentiment: Amazon continues expanding its AI and adjacent businesses. The company plans to sell its Trainium AI chips externally by late 2027, while Amazon Pharmacy users increased more than 60% year over year and Prime Video reportedly reached profitability. Management also highlighted longer-term opportunities in retail automation, satellite internet and AI infrastructure. Amazon Trainium AI chips
- Neutral Sentiment: Analyst sentiment remains broadly constructive, but targets were trimmed. Several firms reaffirmed Buy or Outperform ratings, with targets generally well above the current trading level. However, Wells Fargo, Morgan Stanley, Wedbush, Scotiabank, Cantor Fitzgerald and others lowered targets, signaling reduced near-term confidence after the earnings release. Amazon price target changes
- Negative Sentiment: Amazon missed both major Q3 estimates. Earnings per share came in at $1.89 versus roughly $1.97–$2.01 expected, while revenue was $201.94 billion compared with about $202.2 billion anticipated. Fourth-quarter revenue guidance was also viewed as soft, raising concerns about holiday-season retail demand. Amazon fourth-quarter guidance
- Negative Sentiment: AI investment is pressuring cash flow and leverage. Amazon spent about $77 billion on property and equipment in Q3 and continues targeting approximately $220 billion in 2026 capital expenditures. Trailing free cash flow fell to a $42.4 billion deficit, while long-term debt increased substantially. Investors are questioning when the spending will generate adequate returns, overshadowing AWS’s strong growth. Amazon AI spending concerns
- Negative Sentiment: Broader technology-sector weakness amplified the selling. Amazon’s report contributed to a wider Nasdaq decline as investors reconsidered whether massive AI infrastructure spending across Big Tech can produce timely profits. Concerns about AI-related debt, cash burn and valuation affected sentiment beyond Amazon itself. Nasdaq and AI spending concerns
Wall Street Analysts Forecast Growth
AMZN has been the topic of a number of research reports. Mizuho boosted their price target on Amazon.com from $330.00 to $335.00 and gave the company an “outperform” rating in a report on Friday. BMO Capital Markets reiterated an “outperform” rating on shares of Amazon.com in a report on Tuesday, October 20th. Needham & Company LLC reissued a “buy” rating and issued a $300.00 target price on shares of Amazon.com in a research report on Friday, July 31st. Truist Financial set a $390.00 target price on Amazon.com in a research report on Friday. Finally, Guggenheim restated a “buy” rating and issued a $320.00 target price on shares of Amazon.com in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $320.86.
View Our Latest Report on Amazon.com
Amazon.com 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.
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