12,206 Amazon.com, Inc. $AMZN Shares Sold by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 83.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,343 shares of the e-commerce giant’s stock after selling 12,206 shares during the quarter. Amazon.com accounts for 1.0% of Thurston Springer Miller Herd & Titak Inc.’s investment portfolio, making the stock its 14th largest holding. Thurston Springer Miller Herd & Titak Inc.’s holdings in Amazon.com were worth $584,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of AMZN. Trust Asset Management LLC increased its position in shares of Amazon.com by 3.3% during the second quarter. Trust Asset Management LLC now owns 107,563 shares of the e-commerce giant’s stock worth $26,000 after acquiring an additional 3,414 shares in the last quarter. TOP Private Wealth LLC. acquired a new stake in shares of Amazon.com in the 2nd quarter worth about $29,000. Bard Associates Inc. acquired a new stake in shares of Amazon.com in the 2nd quarter worth about $32,000. Longfellow Investment Management Co. LLC bought a new position in Amazon.com in the 2nd quarter valued at about $33,000. Finally, Atomic Invest LLC lifted its position in 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 acquiring an additional 49 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Morgan Stanley named Amazon a top pick and raised its price target to $350 from $335. The firm expects AWS growth to accelerate to 47% in 2027 and cited cloud margins, Bedrock, agentic AI, advertising and robotics as additional catalysts. Amazon shares jump as Morgan Stanley calls AWS runway under-appreciated
• Positive Sentiment: Amazon plans to hire more than 300,000 U.S. seasonal, part-time and full-time workers—20% more than last year—signaling expectations for strong holiday shopping demand. It will also expand healthcare access for eligible seasonal employees beginning in 2027. Amazon Creates Over 300,000 New U.S. Jobs
• Positive Sentiment: AWS released TorchNeuron, which helps developers run existing PyTorch applications on Amazon’s Trainium chips with fewer code changes. The initiative could reduce reliance on Nvidia’s software ecosystem and improve Amazon’s long-term AI infrastructure economics. Amazon releases TorchNeuron
• Positive Sentiment: Amazon committed more than $17 billion to expand Germany operations, including AWS, AI infrastructure, logistics, satellite internet and Prime Video. The investment supports international growth but will require substantial capital. Amazon Germany investment
• Neutral Sentiment: Amazon is funding development of a proposed 960-megawatt Indiana small-modular-reactor project and would purchase its electricity if completed. The project could help address data-center power needs, but remains in the feasibility stage. Amazon Indiana nuclear project
• Negative Sentiment: Investors remain concerned about Amazon’s roughly $220 billion 2026 capital-spending plan, negative free cash flow and reports that some Nvidia AI systems cannot yet be powered because of data-center constraints. Heavy spending must translate into AWS revenue and profit growth.
• Negative Sentiment: Walmart’s new membership bundle increases competition with Amazon Prime, while analysts question whether customers will understand or use the offering. Amazon’s rising advertising and seller-services revenue also raises concerns about pressure on merchants’ profitability.

Amazon.com Stock Performance

Shares of AMZN opened at $262.63 on Wednesday. The firm has a market cap of $2.83 trillion, a PE ratio of 21.13, a PEG ratio of 2.03 and a beta of 1.45. The stock’s fifty day moving average price is $256.25 and its two-hundred day moving average price is $252.67. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping the consensus estimate of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The firm had revenue of $200.61 billion during the quarter, compared to the consensus estimate of $197.03 billion. During the same quarter last year, the company earned $1.68 earnings per share. The company’s revenue was up 19.6% on a year-over-year basis. On average, equities research analysts forecast that Amazon.com, Inc. will post 8.02 EPS for the current year.

Insider Transactions at Amazon.com

In other news, CEO Matthew Garman sold 14,541 shares of Amazon.com stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the completion of the sale, the chief executive officer directly 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $259.77, for a total value of $2,404,950.66. Following the completion of the transaction, the senior vice president owned 41,190 shares of the company’s stock, valued at $10,699,926.30. The trade was a 18.35% 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. Over the last 90 days, insiders sold 71,589 shares of company stock worth $18,580,515. 8.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently commented on AMZN shares. JPMorgan Chase & Co. increased their price objective on Amazon.com from $330.00 to $365.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Citizens Jmp reaffirmed a “market outperform” rating and set a $315.00 target price on shares of Amazon.com in a research report on Friday, July 31st. Truist Financial lifted their target price on Amazon.com from $320.00 to $350.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Tigress Financial reiterated a “buy” rating and set a $385.00 price target (up from $315.00) on shares of Amazon.com in a report on Tuesday, October 6th. Finally, Robert W. Baird set a $310.00 price target on Amazon.com and gave the company an “outperform” rating in a research report on Friday, July 31st. Fifty-seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and an average target price of $322.53.

Amazon.com Company 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.