6,957 Amazon.com, Inc. $AMZN Shares Acquired by Frank Rimerman Advisors LLC

Key Points

• Frank Rimerman Advisors increased its Amazon stake by 4.6% in the third quarter, purchasing 6,957 additional shares for a total of 157,134 shares valued at approximately $38.3 million.
• Institutional investors own 72.2% of Amazon’s shares, while the stock traded at $254.60 with a $2.75 trillion market capitalization and a one-year range of $196.00 to $287.20.
• Analysts maintain a broadly bullish outlook, with 57 Buy ratings, three Holds and an average price target of $325.12, although heavy AI infrastructure spending remains a risk to margins and free cash flow.

Frank Rimerman Advisors LLC raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 4.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 157,134 shares of the e-commerce giant's stock after purchasing an additional 6,957 shares during the quarter. Amazon.com accounts for about 2.1% of Frank Rimerman Advisors LLC's holdings, making the stock its 10th biggest holding. Frank Rimerman Advisors LLC's holdings in Amazon.com were worth $38,265,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. TOP Private Wealth LLC. bought a new position in Amazon.com in the second quarter valued at $29,000. Bard Associates Inc. purchased a new stake in Amazon.com during the second quarter valued at about $32,000. Longfellow Investment Management Co. LLC purchased a new stake in Amazon.com during the second quarter valued at about $33,000. Atomic Invest LLC lifted its stake in Amazon.com by 41.2% during the second quarter. Atomic Invest LLC now owns 168 shares of the e-commerce giant's stock worth $40,000 after purchasing an additional 49 shares during the last quarter. Finally, Strategic Wealth Advisors LLC bought a new stake in Amazon.com during the second quarter worth about $68,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $254.60 on Thursday. 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 business's 50 day simple moving average is $255.11 and its two-hundred day simple moving average is $243.14. The stock has a market capitalization of $2.75 trillion, a P/E ratio of 20.48, a price-to-earnings-growth ratio of 2.04 and a beta of 1.45. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $287.20.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, beating analysts' consensus estimates of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. The firm had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. During the same quarter in the prior year, the firm posted $1.68 earnings per share. The business's quarterly revenue was up 19.6% compared to the same quarter last year. Analysts forecast that Amazon.com, Inc. will post 7.55 EPS for the current year.

Amazon.com News Roundup

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

• Positive Sentiment: AWS growth is the central bullish argument. Analysts expect strong cloud acceleration, supported by AI partnerships, a reported $496 billion backlog and capacity that is largely booked through 2026. UBS also argues that Wall Street may be underestimating AWS’s potential profitability. Will Strong AWS Performance Boost Amazon’s Q3 Earnings Report?
• Positive Sentiment: Amazon’s earnings valuation looks relatively supportive. Commentary highlights a forward P/E near its lowest level in roughly five years, while analysts remain optimistic that rising AWS margins, advertising growth and operating leverage could drive earnings higher. Amazon’s EPS Is Absolutely Exploding
• Positive Sentiment: FCC approval of Amazon Leo’s $11.5 billion Globalstar acquisition advances Amazon’s satellite and direct-to-device connectivity ambitions, potentially expanding its long-term technology platform beyond retail and cloud computing. US agency approves Amazon Leo’s acquisition of Globalstar
• Neutral Sentiment: Options markets imply an unusually large post-earnings move of about 7%. This reflects significant event risk rather than a clear directional signal, with investors weighing bullish AWS expectations against spending and margin concerns. Traders Are Pricing a 7% Swing in Amazon Ahead of Earnings
• Negative Sentiment: Heavy AI infrastructure investment remains the principal risk. Rising capital expenditures could weigh on near-term margins, free cash flow and returns, even if AWS demand is strong. Investors will scrutinize capex guidance and management’s evidence that AI spending is producing profitable growth. The real way to tell if Amazon’s AI spending is paying off
• Negative Sentiment: Amazon is reportedly scrutinizing AI usage costs. Guidance telling engineers not to maximize AI token usage suggests the company is focused on controlling rapidly rising computing expenses. Reports also indicate that Alexa+ could incur approximately $1.7 billion in cloud costs in 2026. Amazon warns against tokenmaxxing

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of research reports. Royal Bank Of Canada upped their price objective on Amazon.com from $320.00 to $330.00 and gave the stock an "outperform" rating in a report on Friday, July 31st. Cantor Fitzgerald decreased their price objective on Amazon.com from $320.00 to $310.00 and set an "overweight" rating on the stock in a report on Monday, October 12th. Barclays restated an "overweight" rating and issued a $365.00 target price (up from $330.00) on shares of Amazon.com in a research report on Friday, July 31st. HSBC reaffirmed a "buy" rating and issued a $310.00 target price on shares of Amazon.com in a research note on Friday, July 31st. Finally, Sanford C. Bernstein reiterated an "outperform" rating and set a $320.00 price target (up from $315.00) on shares of Amazon.com in a research report 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 company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $325.12.

Insider Buying and Selling

In related news, CEO Matthew S. Garman sold 14,541 shares of Amazon.com stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.06, for a total value of $3,766,991.46. Following the transaction, the chief executive officer directly owned 17,794 shares of the company's stock, valued at $4,609,713.64. The trade was a 44.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through 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 on 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 sale, the chief executive officer owned 476,681 shares of the company's stock, valued at $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. Insiders sold 71,589 shares of company stock valued at $18,580,515 over the last quarter. Company insiders own 8.90% of the company's stock.

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.

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN - Free Report).

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.