Amazon.com, Inc. $AMZN Position Increased by Peterson Wealth Services

Peterson Wealth Services boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 3.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 61,568 shares of the e-commerce giant’s stock after buying an additional 2,198 shares during the quarter. Amazon.com accounts for about 3.2% of Peterson Wealth Services’ investment portfolio, making the stock its 7th largest position. Peterson Wealth Services’ holdings in Amazon.com were worth $15,340,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Motive Wealth Advisors lifted its holdings in shares of Amazon.com by 4.7% during the third quarter. Motive Wealth Advisors now owns 11,225 shares of the e-commerce giant’s stock valued at $2,797,000 after purchasing an additional 506 shares during the last quarter. Leo Wealth LLC acquired a new stake in shares of Amazon.com during the third quarter worth approximately $5,161,000. Level Wealth Management LLC boosted its stake in shares of Amazon.com by 136.7% during the 3rd quarter. Level Wealth Management LLC now owns 2,793 shares of the e-commerce giant’s stock valued at $696,000 after buying an additional 1,613 shares during the period. Holos Integrated Wealth LLC grew its holdings in shares of Amazon.com by 5.7% during the 3rd quarter. Holos Integrated Wealth LLC now owns 6,712 shares of the e-commerce giant’s stock valued at $1,762,000 after acquiring an additional 360 shares in the last quarter. Finally, Marest Capital LLC grew its holdings in shares of Amazon.com by 0.5% during the 3rd quarter. Marest Capital LLC now owns 12,779 shares of the e-commerce giant’s stock valued at $3,184,000 after acquiring an additional 60 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In other news, SVP David Zapolsky sold 9,258 shares of the firm’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 sale, the senior vice president directly 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,343 shares of Amazon.com stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $606,860.43. Following the completion of the transaction, the vice president owned 119,780 shares in the company, valued at $31,024,217.80. The trade was a 1.92% 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. Over the last three months, insiders sold 71,589 shares of company stock valued at $18,545,595. 8.90% of the stock is owned by corporate insiders.

Amazon.com Stock Down 1.7%

Shares of Amazon.com stock opened at $266.17 on Thursday. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 0.28. The stock has a 50 day moving average price of $254.41 and a two-hundred day moving average price of $244.06. The stock has a market capitalization of $2.88 trillion, a P/E ratio of 21.52, a PEG ratio of 2.06 and a beta of 1.49.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data 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). The firm had revenue of $201.94 billion during the quarter, compared to analyst estimates of $202.22 billion. Amazon.com had a return on equity of 15.72% and a net margin of 16.90%. Amazon.com’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.95 earnings per share. Equities analysts expect that Amazon.com, Inc. will post 7.80 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Susquehanna reaffirmed a “positive” rating on shares of Amazon.com in a research note on Friday, October 30th. Citigroup reissued a “market outperform” rating on shares of Amazon.com in a research report on Friday, October 30th. Benchmark boosted their target price on Amazon.com from $370.00 to $400.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Zacks Research lowered Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. Finally, Roth Capital reaffirmed a “buy” rating and set a $325.00 price target on shares of Amazon.com in a research note on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, fifty-five have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and an average price target of $321.74.

Key Headlines Impacting Amazon.com

These are some of the AMZN headlines that stood out recently:

• Positive Sentiment: Anthropic could add strategic and financial upside. Amazon is a major Anthropic investor and cloud provider; an anticipated IPO could raise the estimated value of its stake substantially, while Anthropic’s infrastructure commitments may generate AWS business. Any IPO valuation gain remains prospective, not cash already realized. Anthropic IPO article
• Negative Sentiment: AI spending is pressuring free cash flow. Amazon expects approximately $220 billion in 2026 capital expenditures, and its AI buildout has pushed free cash flow into negative territory. Investors may remain cautious until spending translates into returns. AI capital expenditures article
• Negative Sentiment: Legal proceedings add uncertainty. Italian prosecutors are pursuing allegations involving unpaid import VAT and customs duties, while a U.S. court certified a class action alleging biometric-data violations through Amazon Photos. Both matters could create financial and reputational costs; the allegations have not been proven. Italy VAT case article Biometric-data lawsuit article

About Amazon.com

Amazon.com, Inc. is a technology and e-commerce company founded by Jeff Bezos in 1994 as an online bookstore. It has since grown into a global business serving consumers, sellers, developers, enterprises and content creators. Amazon operates online stores and marketplaces, where it sells products directly and enables third-party sellers to reach customers. Its other businesses include Amazon Web Services, which provides cloud computing and related services; digital advertising; Prime memberships; and entertainment offerings such as streaming video and music.