LifeGoal Investments LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 205.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,512 shares of the e-commerce giant’s stock after buying an additional 20,519 shares during the quarter. Amazon.com accounts for about 2.3% of LifeGoal Investments LLC’s holdings, making the stock its 8th biggest holding. LifeGoal Investments LLC’s holdings in Amazon.com were worth $7,602,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also modified their holdings of the company. Trust Asset Management LLC grew its position 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 acquiring an additional 3,414 shares in the last quarter. TOP Private Wealth LLC. purchased a new position in shares of Amazon.com in 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 approximately $32,000. Longfellow Investment Management Co. LLC acquired a new position in shares of Amazon.com in the second quarter valued at approximately $33,000. Finally, Atomic Invest LLC increased its stake in Amazon.com by 41.2% during the 2nd quarter. Atomic Invest LLC now owns 168 shares of the e-commerce giant’s stock worth $40,000 after buying an additional 49 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting Amazon.com
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: New Bee AI devices expand Amazon’s consumer-AI strategy. Amazon introduced the $74.99 Bee Frontier wearable and $99.99 Bee Eclipse smartphone accessory, which can summarize conversations, create reminders and suggest products with user permission. The devices connect with Alexa+ and add potential hardware, subscription and commerce revenue streams. Amazon launches two new portable AI listening devices
- Positive Sentiment: AI infrastructure and AWS remain major growth drivers. Coverage highlights Amazon’s custom AI-chip business, rising AWS demand and substantial data-center investment. Supportive analysts argue that Trainium chips and cloud growth could improve Amazon’s competitive position and eventually produce strong returns on today’s spending. Amazon custom AI chips
- Positive Sentiment: Holiday demand expectations are favorable. Analysts expect online shopping growth to support Amazon, Walmart and other large retailers during the 2026 holiday season, providing a near-term catalyst for retail revenue. Expected strong holiday sales
- Neutral Sentiment: Amazon will report third-quarter 2026 results and host its earnings call on October 29, giving investors a near-term update on AWS growth, margins, AI spending and holiday guidance. Amazon third-quarter 2026 earnings call
- Negative Sentiment: AI-agent restrictions could create reputational and competitive risks. Amazon has reportedly blocked Elon Musk’s Grok shopping agents, prompting discussion of an X Shop competitor and raising questions about whether Amazon could lose some control of emerging agent-driven commerce. Elon Musk’s AI shopper and Amazon
- Negative Sentiment: Investors remain concerned about heavy AI capital expenditures, recent layoffs and execution risks from premium Alexa hardware. Regulatory pushback over Amazon’s proposed Boston drone hub and a product recall add smaller additional overhangs.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on the stock. HSBC reiterated a “buy” rating and set a $310.00 target price on shares of Amazon.com in a report on Friday, July 31st. Susquehanna restated a “positive” rating on shares of Amazon.com in a research note on Tuesday, October 6th. Morgan Stanley reaffirmed an “overweight” rating and set a $335.00 price objective (up from $330.00) on shares of Amazon.com in a research report on Friday, July 31st. Roth Capital reaffirmed a “buy” rating and set a $325.00 price objective on shares of Amazon.com in a research report on Monday, August 3rd. Finally, Truist Financial increased their price objective on Amazon.com from $320.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Fifty-six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $322.53.
Get Our Latest Stock Report on Amazon.com
Insider Buying and Selling at Amazon.com
In related news, VP Shelley Reynolds sold 2,343 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $606,860.43. Following the completion of the transaction, the vice president owned 119,780 shares in the company, valued at approximately $31,024,217.80. The trade was a 1.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of the business’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the transaction, the chief executive officer owned 17,794 shares of the company’s stock, valued at approximately $4,609,713.64. The trade was 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. In the last quarter, insiders sold 71,589 shares of company stock worth $18,580,515. 8.90% of the stock is currently owned by company insiders.
Amazon.com Stock Up 0.3%
Shares of Amazon.com stock opened at $254.76 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $287.20. The company has a market capitalization of $2.75 trillion, a P/E ratio of 20.50, a P/E/G ratio of 1.96 and a beta of 1.45. The company has a 50 day moving average of $257.24 and a 200 day moving average of $251.58.
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. During the same period in the prior year, the firm posted $1.68 EPS. The company’s quarterly revenue was up 19.6% compared to the same quarter last year. As a group, research analysts forecast that Amazon.com, Inc. will post 8.03 EPS for the current fiscal year.
About Amazon.com
Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.
Amazon’s major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.
Further Reading
- Five stocks we like better than Amazon.com
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.
