Neumann Capital Management LLC Acquires 14,698 Shares of Amazon.com, Inc. $AMZN

Neumann Capital Management LLC bought a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 14,698 shares of the e-commerce giant’s stock, valued at approximately $3,662,000.

A number of other institutional investors have also modified their holdings of AMZN. NFSG Corp increased its position in Amazon.com by 0.5% in the third quarter. NFSG Corp now owns 112,469 shares of the e-commerce giant’s stock worth $28,014,000 after buying an additional 579 shares during the period. Activest Wealth Management lifted its stake in Amazon.com by 0.4% in the third quarter. Activest Wealth Management now owns 52,296 shares of the e-commerce giant’s stock valued at $12,989,000 after buying an additional 210 shares during the last quarter. Split Rock Private Trading & Wealth Management LLC lifted its stake in Amazon.com by 0.3% in the third quarter. Split Rock Private Trading & Wealth Management LLC now owns 27,946 shares of the e-commerce giant’s stock valued at $6,963,000 after buying an additional 81 shares during the last quarter. Columbia Advisory Partners LLC boosted its holdings in shares of Amazon.com by 2.2% during the third quarter. Columbia Advisory Partners LLC now owns 6,113 shares of the e-commerce giant’s stock valued at $1,523,000 after acquiring an additional 134 shares during the period. Finally, SLT Holdings LLC boosted its holdings in shares of Amazon.com by 3.7% during the third quarter. SLT Holdings LLC now owns 22,280 shares of the e-commerce giant’s stock valued at $5,551,000 after acquiring an additional 795 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on AMZN shares. Wolfe Research restated an “outperform” rating and set a $315.00 price target on shares of Amazon.com in a research report on Friday, July 31st. Benchmark lifted their price objective on shares of Amazon.com from $370.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Rosenblatt Securities boosted their target price on shares of Amazon.com from $335.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, September 30th. Pivotal Research restated a “buy” rating and issued a $333.00 target price (up from $320.00) on shares of Amazon.com in a research report on Friday, July 31st. Finally, Royal Bank Of Canada upped their target price on shares of Amazon.com from $320.00 to $330.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $322.53.

Amazon.com Trading Down 1.0%

NASDAQ:AMZN opened at $248.00 on Friday. The stock has a market cap of $2.68 trillion, a price-to-earnings ratio of 19.95, a PEG ratio of 2.04 and a beta of 1.45. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The business has a fifty day moving average of $255.56 and a 200-day moving average of $253.29.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.82 by $3.93. The business had revenue of $200.61 billion for the quarter, compared to analysts’ expectations of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company’s revenue was up 19.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.68 earnings per share. Equities analysts predict that Amazon.com, Inc. will post 7.55 earnings per share for the current year.

Insider Transactions at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 9,258 shares of the firm’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the transaction, the senior vice president owned 41,190 shares of the company’s stock, valued at approximately $10,699,926.30. This trade represents a 18.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 dated 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 sale, the chief executive officer 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. 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 worth $18,580,515 over the last ninety days. Insiders own 8.90% of the company’s stock.

Trending Headlines about Amazon.com

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

• Positive Sentiment: AWS growth is accelerating, with analysts focused on stronger demand for AI infrastructure, a large cloud backlog and potential margin expansion. Morgan Stanley named Amazon a top pick and raised its price target to $350, citing AWS growth, advertising, Prime, and fulfillment automation as additional catalysts. Amazon’s $350 Price Target Faces a Big Earnings Test
• Positive Sentiment: CEO Andy Jassy said Amazon’s Trainium chips could reduce AI inference costs, which he characterized as roughly 10 times too high today. Successful adoption of internally designed chips could lower AWS infrastructure costs and improve profitability. Amazon CEO Discusses AI Inference Costs and Trainium
• Positive Sentiment: Analysts also see longer-term upside from warehouse automation, logistics expansion and advertising monetization, while Amazon’s planned UK entry-level hiring initiative may support its workforce and public-image goals. Amazon Logistics Automation Offers Long-Term Margin Gains
• Neutral Sentiment: Investors are awaiting the October 29 quarterly report, which is expected to clarify AWS growth, cloud margins, capital-spending guidance, free-cash-flow recovery and early Prime Day demand. Amazon Earnings Scheduled for October 29
• Negative Sentiment: The $220 billion investment plan has pushed free cash flow into the red and raised concerns that AI spending may outpace near-term returns. Reports that Nvidia hardware is waiting for available data-center power add execution risk to the infrastructure buildout. Amazon AI Hardware Awaits Data-Center Power

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.