3,308 Amazon.com, Inc. $AMZN Shares Acquired by Kaufman Rossin Wealth LLC

Key Points

• Kaufman Rossin Wealth increased its Amazon stake by 71.3% in the third quarter, purchasing 3,308 additional shares to own 7,949 shares valued at approximately $1.98 million. Institutional investors collectively own 72.2% of Amazon’s stock.
• Analysts remain broadly bullish, with 57 Buy ratings and three Holds; Amazon has a consensus “Moderate Buy” rating and an average price target of $325.12.
• Amazon’s latest quarter missed earnings and revenue expectations, while its shares traded down 4.2%; however, AWS growth accelerated significantly, supporting longer-term optimism despite rising AI-related capital spending and negative free cash flow.

Kaufman Rossin Wealth LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 71.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,949 shares of the e-commerce giant's stock after buying an additional 3,308 shares during the period. Amazon.com makes up about 0.8% of Kaufman Rossin Wealth LLC's investment portfolio, making the stock its 18th biggest position. Kaufman Rossin Wealth LLC's holdings in Amazon.com were worth $1,981,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AMZN. Prospera Capital Management LLC grew its position in shares of Amazon.com by 18.3% during the 3rd quarter. Prospera Capital Management LLC now owns 4,175 shares of the e-commerce giant's stock worth $1,040,000 after buying an additional 646 shares during the period. Blankinship & Foster LLC increased its stake in shares of Amazon.com by 6.2% in the 3rd quarter. Blankinship & Foster LLC now owns 2,685 shares of the e-commerce giant's stock valued at $669,000 after acquiring an additional 156 shares during the last quarter. Client 1ST Advisory Group LLC increased its stake in shares of Amazon.com by 2.1% in the 3rd quarter. Client 1ST Advisory Group LLC now owns 11,061 shares of the e-commerce giant's stock valued at $2,756,000 after acquiring an additional 230 shares during the last quarter. Weybosset Research & Management LLC increased its stake in shares of Amazon.com by 0.6% in the 3rd quarter. Weybosset Research & Management LLC now owns 45,479 shares of the e-commerce giant's stock valued at $11,331,000 after acquiring an additional 277 shares during the last quarter. Finally, Clark Wealth Partners raised its position in shares of Amazon.com by 6.8% in the 3rd quarter. Clark Wealth Partners now owns 4,729 shares of the e-commerce giant's stock valued at $1,178,000 after acquiring an additional 301 shares during the period. 72.20% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on AMZN. Evercore set a $355.00 price objective on shares of Amazon.com and gave the stock an "outperform" rating in a research note on Friday, August 28th. KeyCorp reaffirmed an "overweight" rating on shares of Amazon.com in a research note on Thursday, October 15th. Susquehanna reaffirmed a "positive" rating on shares of Amazon.com in a research note on Tuesday, October 6th. HSBC reiterated a "buy" rating and issued a $310.00 target price on shares of Amazon.com in a report on Friday, July 31st. Finally, Rosenblatt Securities lifted their price target on shares of Amazon.com from $335.00 to $360.00 and gave the stock a "buy" rating in a research report on Wednesday, September 30th. Fifty-seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, Amazon.com has a consensus rating of "Moderate Buy" and an average target price of $325.12.

Amazon.com Trading Down 4.2%

NASDAQ:AMZN opened at $243.79 on Friday. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. The stock has a market capitalization of $2.63 trillion, a PE ratio of 19.61, a price-to-earnings-growth ratio of 1.98 and a beta of 1.45. The business's 50-day simple moving average is $254.67 and its 200-day simple moving average is $243.12.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, October 29th. The e-commerce giant reported $1.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.97 by ($0.08). Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The business had revenue of $201.94 billion during the quarter, compared to analyst estimates of $202.22 billion. During the same quarter in the prior year, the firm posted $1.95 earnings per share. Amazon.com's revenue for the quarter was up 12.1% compared to the same quarter last year. Sell-side analysts expect that Amazon.com, Inc. will post 8.00 earnings per share for the current fiscal year.

Insider Activity

In other news, SVP David Zapolsky sold 9,258 shares of the stock in a transaction on 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 completion of the sale, the senior vice president owned 41,190 shares of the company's stock, valued at $10,699,926.30. This represents a 18.35% decrease in their ownership of the stock. The sale was disclosed in a legal 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 Andrew R. Jassy sold 20,000 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the sale, the chief executive officer directly owned 2,235,766 shares of the company's stock, valued at $579,085,751.66. This represents a 0.89% decrease in their position. 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 ninety days, insiders sold 71,589 shares of company stock worth $18,580,515. Corporate insiders own 8.90% of the company's stock.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: AWS growth accelerated sharply. Amazon Web Services revenue rose 39% to approximately $46 billion, its fastest growth rate in nearly five years, while AWS generated about 63% of Amazon’s operating profit. CEO Andy Jassy said growth could exceed 40% in 2027 and 2028 as businesses continue migrating workloads to the cloud. Amazon AWS revenue grows 39%, leading to wider margin
• Positive Sentiment: Long-term AI and infrastructure demand remains strong. AWS capacity is reportedly booked through much of next year, and Amazon continues to secure power for expansion, including an agreement supporting more than $3 billion of investment at Maryland’s Calvert Cliffs nuclear plant. Amazon also received approval for its Globalstar deal, supporting its satellite-connectivity ambitions. Amazon wins FCC approval for Globalstar deal
• Neutral Sentiment: Amazon held its 2026 capital-expenditure forecast at $220 billion. Management indicated AI-related spending could be “meaningfully” higher in 2027. The investment may support future AWS and AI growth, but investors are demanding clearer evidence that the spending will generate adequate returns. Amazon CEO sees AI spending meaningfully higher in 2027
• Negative Sentiment: Amazon missed quarterly expectations. Adjusted earnings were $1.89 per share versus the roughly $1.97–$2.01 consensus range, while revenue of $201.9 billion was slightly below forecasts. Earnings also declined from the year-ago period. Amazon lags Q3 earnings and revenue estimates
• Negative Sentiment: The fourth-quarter outlook disappointed investors. Amazon projected holiday-quarter sales largely below Wall Street estimates, raising concerns about slower e-commerce demand as inflation and higher household costs weigh on consumers. Amazon projects fourth-quarter sales below estimates
• Negative Sentiment: Cash-flow pressure intensified. Amazon reported approximately $42.4 billion of negative free cash flow as data-center and AI investment surged. The combination of heavy spending, uncertain payback periods, and broader market anxiety over the AI trade is driving the negative reaction despite AWS’s strong performance. Amazon posts negative free cash flow and holds capex unchanged

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.

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