21,343 Shares of Amazon.com, Inc. $AMZN Acquired by ASK Capital Investment Managers LLC

ASK Capital Investment Managers LLC acquired a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 21,343 shares of the e-commerce giant's stock, valued at approximately $5,318,000. Amazon.com comprises approximately 5.9% of ASK Capital Investment Managers LLC's portfolio, making the stock its 4th biggest holding.

Several other large investors have also modified their holdings of AMZN. TOP Private Wealth LLC. purchased a new position in Amazon.com during the second quarter worth approximately $29,000. Bard Associates Inc. acquired a new position in shares of Amazon.com in the 2nd quarter valued at $32,000. Longfellow Investment Management Co. LLC purchased a new stake in shares of Amazon.com during the 2nd quarter valued at $33,000. Atomic Invest LLC grew its stake in shares of Amazon.com by 41.2% during the 2nd quarter. Atomic Invest LLC now owns 168 shares of the e-commerce giant's stock valued at $40,000 after buying an additional 49 shares during the period. Finally, Lifetime Wealth Management P.C. purchased a new stake in shares of Amazon.com during the 4th quarter valued at $45,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of research analyst reports. Weiss Ratings restated a "buy (b)" rating on shares of Amazon.com in a report on Monday, August 3rd. HSBC reiterated a "buy" rating and issued a $310.00 target price on shares of Amazon.com in a report on Friday, July 31st. Citizens Jmp reissued a "market outperform" rating and set a $315.00 price target on shares of Amazon.com in a research report on Friday, July 31st. DA Davidson reissued a "neutral" rating and set a $250.00 price target on shares of Amazon.com in a research report on Friday, July 31st. Finally, Wolfe Research restated an "outperform" rating and set a $315.00 price target on shares of Amazon.com in a research note on Friday, July 31st. Fifty-seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $322.53.

Amazon.com News Summary

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.

Insiders Place Their Bets

In related 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 transaction of $2,404,950.66. Following the sale, the senior vice president directly owned 41,190 shares in the company, valued at approximately $10,699,926.30. This trade represents a 18.35% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas Herrington sold 1,000 shares of the firm's stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $251.50, for a total value of $251,500.00. Following the sale, the chief executive officer owned 474,681 shares in the company, valued at approximately $119,382,271.50. The trade was a 0.21% 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. In the last quarter, insiders have sold 71,589 shares of company stock valued at $18,580,515. Company insiders own 8.90% of the company's stock.

Amazon.com Stock Up 0.1%

Shares of NASDAQ AMZN opened at $262.63 on Wednesday. The stock has a fifty day moving average price of $256.25 and a 200 day moving average price of $252.67. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20. The company has a market cap of $2.83 trillion, a P/E ratio of 21.13, a P/E/G ratio of 2.03 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, topping analysts' consensus estimates of $1.82 by $3.93. The company had revenue of $200.61 billion for the quarter, compared to analysts' expectations of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. The firm's quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.68 earnings per share. Research analysts anticipate that Amazon.com, Inc. will post 8.02 EPS for the current fiscal year.

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.

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