6,279 Shares of Amazon.com, Inc. $AMZN Bought by Stonebridge Capital Management Inc.

Key Points

• Stonebridge Capital Management initiated a position in Amazon with 6,279 shares valued at approximately $1.5 million. Institutional investors own 72.2% of Amazon’s outstanding stock.
• Amazon insiders have continued selling shares, including recent sales by SVP David Zapolsky and CEO Douglas Herrington; insiders sold 71,589 shares worth $18.6 million over the past quarter.
• Analysts remain broadly bullish, with 56 Buy ratings and three Holds, an overall “Moderate Buy” consensus, and an average price target of $321.19 versus the reported opening price of $249.38.

Stonebridge Capital Management Inc. bought a new position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 6,279 shares of the e-commerce giant's stock, valued at approximately $1,497,000.

Other large investors have also bought and sold shares of the company. Pure Financial Advisors LLC bought a new stake in shares of Amazon.com during the second quarter worth $28,645,000. Payne Capital Management LLC bought a new position in shares of Amazon.com in the 2nd quarter valued at about $829,000. Transamerica Financial Advisors LLC acquired a new stake in Amazon.com during the 2nd quarter worth $5,867,000. Sanchez Levi Garrett acquired a new stake in shares of Amazon.com during the second quarter worth $1,228,000. Finally, Palestra Capital Management LLC acquired a new position in shares of Amazon.com during the 2nd quarter worth about $224,691,000. 72.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, SVP David Zapolsky sold 9,258 shares of the business's stock in a transaction dated 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 transaction, the senior vice president directly owned 41,190 shares in the company, valued at $10,699,926.30. The trade was a 18.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas Herrington sold 6,362 shares of the company's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $1,647,821.62. Following the completion of the sale, the chief executive officer directly owned 476,681 shares in the company, valued at approximately $123,465,145.81. The trade was 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 $18,568,785. Corporate insiders own 8.90% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on AMZN shares. Piper Sandler reiterated an "overweight" rating and issued a $320.00 target price (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. UBS Group set a $200.00 price target on shares of Amazon.com in a report on Thursday, September 17th. Citizens Jmp restated a "market outperform" rating and issued a $315.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. Needham & Company LLC reaffirmed a "buy" rating and set a $300.00 price objective on shares of Amazon.com in a research note on Friday, July 31st. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Amazon.com in a research note on Monday, August 3rd. Fifty-six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, Amazon.com presently has an average rating of "Moderate Buy" and an average price target of $321.19.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Amazon announced a plan to invest approximately $3 billion in India’s quick-commerce market through 2030, expanding its Amazon Now delivery network. The investment could strengthen Amazon’s position in a rapidly growing market, although its current share is only about 6.2%. Amazon bets $3 billion on India's fast-delivery boom
• Positive Sentiment: New Amazon Supply Chain Services offerings let merchants add fast, free Prime delivery to their own websites and manage orders from Walmart, Shopify, eBay and TikTok through Seller Central. The initiative could expand fulfillment revenue and make Amazon’s logistics infrastructure more valuable outside its marketplace. Amazon Lets Merchants Add Free Prime Delivery to Their Own Websites
• Positive Sentiment: Analyst commentary remains constructive on Amazon Web Services, custom chips and agentic AI. Reports cite a roughly $496 billion AWS backlog and expanding AI tools for third-party sellers, advertising and cloud customers, supporting the long-term earnings-growth case.
• Positive Sentiment: Amazon is investing more than $100 million in an Indiana robotics manufacturing facility expected to create 300 jobs. The plant should increase internal automation capacity and could eventually support efficiency gains across the fulfillment network. Amazon to Expand Robot-Making Capacity With New Indiana Hub
• Neutral Sentiment: Amazon is allowing Anthropic’s Claude to access seller data while blocking Meta’s Muse shopping agent. The decision protects control over customer and marketplace data, but it could encourage rivals such as Shopify and Walmart to build more open agentic-commerce ecosystems. Amazon Opens Seller Data to Claude Days After Blocking Meta’s Muse
• Negative Sentiment: The India expansion and Indiana robotics project increase near-term capital spending, contributing to investor concerns about cash-flow pressure and the timing of returns. Amazon’s stock has also been technically testing support near its key moving averages.
• Negative Sentiment: A proposed nationwide class-action lawsuit alleges systematic discrimination against pregnant warehouse employees. Additional workforce litigation could increase legal costs, regulatory scrutiny and reputational risk. Amazon Faces Another Worker Lawsuit
• Negative Sentiment: Rising Treasury yields and broader weakness in technology stocks are creating valuation headwinds for AMZN, while concerns about heavy AI spending and uncertain monetization remain a near-term overhang.

Amazon.com Trading Up 0.0%

NASDAQ AMZN opened at $249.38 on Friday. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $287.20. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. The stock has a 50 day moving average of $256.34 and a 200-day moving average of $246.95. The company has a market cap of $2.69 trillion, a PE ratio of 20.06, a PEG ratio of 1.98 and a beta of 1.44.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping analysts' consensus estimates of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The business had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. During the same period in the previous year, the company earned $1.68 earnings per share. The firm's revenue for the quarter was up 19.6% on a year-over-year basis. On average, equities research analysts anticipate that Amazon.com, Inc. will post 8.01 EPS for the current fiscal year.

Amazon.com Company Profile

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon's websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.