Amazon.com, Inc. $AMZN Stock: Obermeyer Wealth Partners Increases Stake

Obermeyer Wealth Partners lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 321,227 shares of the e-commerce giant’s stock after buying an additional 2,132 shares during the period. Amazon.com comprises approximately 3.2% of Obermeyer Wealth Partners’ portfolio, making the stock its 11th biggest holding. Obermeyer Wealth Partners’ holdings in Amazon.com were worth $80,034,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Trust Asset Management LLC grew its holdings in shares of Amazon.com by 3.3% during the 2nd quarter. Trust Asset Management LLC now owns 107,563 shares of the e-commerce giant’s stock worth $26,000 after purchasing an additional 3,414 shares in the last quarter. TOP Private Wealth LLC. bought a new stake in shares of Amazon.com during the second quarter valued at approximately $29,000. Bard Associates Inc. acquired a new position in shares of Amazon.com in the second quarter valued at $32,000. Longfellow Investment Management Co. LLC acquired a new position in shares of Amazon.com in the second quarter valued at $33,000. Finally, Atomic Invest LLC raised its stake 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 valued at $40,000 after purchasing an additional 49 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Price Performance

Shares of AMZN stock opened at $260.21 on Friday. The stock’s fifty day simple moving average is $253.89 and its 200 day simple moving average is $243.43. 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 firm has a market cap of $2.81 trillion, a price-to-earnings ratio of 21.04, a P/E/G ratio of 2.02 and a beta of 1.49. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $287.20.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 earnings per share 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 company had revenue of $201.94 billion during the quarter, compared to the consensus estimate of $202.22 billion. During the same quarter last year, the company earned $1.95 earnings per share. The business’s revenue was up 12.1% on a year-over-year basis. On average, analysts expect that Amazon.com, Inc. will post 7.80 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

AMZN has been the subject of several research reports. Morgan Stanley reduced 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. Wolfe Research reissued an “outperform” rating and issued a $315.00 price target on shares of Amazon.com in a report on Friday, July 31st. Scotiabank dropped their price objective on shares of Amazon.com from $325.00 to $300.00 and set a “sector outperform” rating for the company in a research note on Friday, October 30th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Amazon.com in a report on Tuesday, October 20th. Finally, Phillip Securities raised shares of Amazon.com from a “moderate buy” rating to a “strong-buy” rating in a report on Monday. Two investment 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 stock. According to data from MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and an average price target of $321.74.

Insider Buying and Selling

In other news, CEO Douglas Herrington sold 1,000 shares of the business’s stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $243.47, for a total value of $243,470.00. Following the sale, the chief executive officer owned 473,681 shares in the company, valued at approximately $115,327,113.07. The trade was a 0.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Jassy sold 20,000 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 2,235,766 shares in the company, valued at approximately $579,085,751.66. The trade was a 0.89% 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 have sold 71,589 shares of company stock worth $18,545,595 in the last three months. Company insiders own 8.90% of the company’s stock.

Amazon.com News Summary

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

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.