5,519 Amazon.com, Inc. $AMZN Shares Purchased by Pension & Wealth Management Advisors Inc.

Key Points

• Pension & Wealth Management Advisors increased its Amazon stake by 50.2%, purchasing 5,519 shares to own 16,519 shares valued at approximately $4.02 million. Institutional investors collectively hold 72.2% of Amazon’s stock.
• Amazon reported quarterly revenue of $200.61 billion and earnings of $5.75 per share, substantially exceeding analyst estimates, while revenue grew 19.6% year over year.
• Wall Street maintains a bullish outlook, with a consensus “Moderate Buy” rating and a $322.53 price target; however, heavy AI investment and concerns about negative free cash flow remain key risks.

Pension & Wealth Management Advisors Inc. boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 50.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,519 shares of the e-commerce giant's stock after buying an additional 5,519 shares during the quarter. Amazon.com accounts for approximately 0.9% of Pension & Wealth Management Advisors Inc.'s investment portfolio, making the stock its 16th largest position. Pension & Wealth Management Advisors Inc.'s holdings in Amazon.com were worth $4,019,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Howard Capital Management LLC boosted its holdings in shares of Amazon.com by 4.2% in the 3rd quarter. Howard Capital Management LLC now owns 238,564 shares of the e-commerce giant's stock valued at $57,423,000 after buying an additional 9,557 shares in the last quarter. Chemistry Wealth Management LLC increased its position in shares of Amazon.com by 0.6% in the 3rd quarter. Chemistry Wealth Management LLC now owns 64,840 shares of the e-commerce giant's stock valued at $16,155,000 after acquiring an additional 381 shares during the period. BFI Infinity Ltd. purchased a new position in Amazon.com in the 3rd quarter worth $406,000. Cantor Fitzgerald Investment Advisors L.P. raised its stake in Amazon.com by 3.1% in the 3rd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 5,574 shares of the e-commerce giant's stock worth $1,389,000 after acquiring an additional 165 shares during the last quarter. Finally, BostonPremier Wealth LLC raised its stake in Amazon.com by 0.4% in the 3rd quarter. BostonPremier Wealth LLC now owns 13,736 shares of the e-commerce giant's stock worth $3,422,000 after acquiring an additional 59 shares during the last quarter. Institutional investors own 72.20% of the company's stock.

Amazon.com Price Performance

NASDAQ:AMZN opened at $248.00 on Monday. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $287.20. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. The firm 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 firm's fifty day moving average is $255.56 and its two-hundred day moving average is $253.58.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly 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. The company had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. The firm's revenue for the quarter was up 19.6% compared to the same quarter last year. During the same period last year, the firm earned $1.68 EPS. Research analysts expect that Amazon.com, Inc. will post 7.55 EPS for the current year.

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 of the company's stock, valued at $10,699,926.30. This trade represents a 18.35% decrease in their ownership of the stock. The transaction 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 Douglas J. Herrington sold 6,362 shares of Amazon.com stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $1,647,821.62. Following the transaction, the chief executive officer owned 476,681 shares of the company's stock, valued at approximately $123,465,145.81. This represents a 1.32% 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 quarter, insiders have sold 71,589 shares of company stock worth $18,580,515. 8.90% of the stock is currently owned by company insiders.

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

Wall Street Analysts Forecast Growth

A number of analysts have commented on AMZN shares. Citigroup reaffirmed a "market outperform" rating on shares of Amazon.com in a research report on Friday, August 14th. Barclays reissued an "overweight" rating and issued a $365.00 price objective (up from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Bank of America raised their price objective on Amazon.com from $310.00 to $320.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. Wolfe Research reaffirmed an "outperform" rating and set a $315.00 target price on shares of Amazon.com in a report on Friday, July 31st. Finally, TD Cowen reaffirmed a "buy" rating and set a $350.00 target price on shares of Amazon.com in a report on Monday, October 5th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, Amazon.com currently has a consensus rating of "Moderate Buy" and a consensus price target of $322.53.

Amazon.com 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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