6,987 Shares of Amazon.com, Inc. $AMZN Bought by Surience Private Wealth LLC

Key Points

• Surience Private Wealth LLC initiated a position in Amazon, buying 6,987 shares worth approximately $1.74 million in the third quarter. Amazon now represents 1.8% of the firm’s portfolio, while institutional investors collectively own 72.2% of the stock.
• Analysts remain broadly bullish, with 57 Buy ratings, three Holds and a consensus “Moderate Buy” rating alongside an average price target of $325.12. AWS demand, AI-computing growth and Amazon’s retail performance are the main drivers of optimism.
• Heavy AI infrastructure spending is the key risk, potentially pressuring margins, depreciation and free cash flow even as AWS capacity remains constrained. Amazon recently reported $200.61 billion in quarterly revenue, up 19.6% year over year, and earnings that exceeded estimates.

Surience Private Wealth LLC bought a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 6,987 shares of the e-commerce giant's stock, valued at approximately $1,741,000. Amazon.com accounts for 1.8% of Surience Private Wealth LLC's investment portfolio, making the stock its 17th largest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pension & Wealth Management Advisors Inc. lifted its holdings in Amazon.com by 50.2% in the third quarter. Pension & Wealth Management Advisors Inc. now owns 16,519 shares of the e-commerce giant's stock worth $4,019,000 after purchasing an additional 5,519 shares during the period. Howard Capital Management LLC increased its stake in Amazon.com by 4.2% during 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 during the period. Chemistry Wealth Management LLC increased its stake in Amazon.com by 0.6% during 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 buying an additional 381 shares during the period. BFI Infinity Ltd. bought a new stake in shares of Amazon.com during the 3rd quarter worth about $406,000. Finally, Cantor Fitzgerald Investment Advisors L.P. raised its position in shares of Amazon.com by 3.1% during 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 buying an additional 165 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: AWS demand is the main catalyst. Amazon CEO Andy Jassy said AWS capacity is largely sold out through 2027, while analysts expect cloud growth to exceed forecasts as customers expand AI-computing usage. The combination of rising demand and a large backlog could support faster revenue growth and improve investor confidence in AWS. Amazon cloud growth expected to beat forecasts as AI demand strengthens
• Positive Sentiment: Anthropic’s IPO filing reinforces Amazon’s AI-infrastructure opportunity. The filing disclosed at least $110 billion of non-cancelable cloud commitments with Amazon, providing substantial long-term visibility for AWS. Amazon is also an Anthropic investor, creating potential upside from both cloud revenue and the value of its equity stake. Anthropic's IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
• Positive Sentiment: Analysts remain bullish ahead of earnings. UBS said expectations may be too low and sees substantial upside, while other analysts maintained Buy ratings and price targets ranging from $320 to $350, citing AWS growth, AI demand and resilient retail operations. Amazon analyst expectations and AWS growth
• Neutral Sentiment: Results are the immediate test. Investors will watch AWS growth, operating margins, capital expenditures, free cash flow and fourth-quarter guidance. The Federal Reserve’s policy decision and earnings from Microsoft and Alphabet may also influence sentiment toward mega-cap technology and AI stocks. Big Tech earnings outlook
• Negative Sentiment: High AI spending remains a risk. Amazon must invest heavily in data centers and computing capacity to serve its backlog, creating uncertainty over near-term margins, depreciation and free cash flow. Investors may also be concerned about intensifying competition from Walmart’s membership strategy and other digital-commerce platforms.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on AMZN. Needham & Company LLC reaffirmed a "buy" rating and issued a $300.00 price target on shares of Amazon.com in a research note on Friday, July 31st. Pivotal Research reiterated a "buy" rating and set a $333.00 price objective (up from $320.00) on shares of Amazon.com in a research note on Friday, July 31st. Morgan Stanley reissued an "overweight" rating and set a $350.00 target price (up from $335.00) on shares of Amazon.com in a report on Monday, October 19th. BMO Capital Markets restated an "outperform" rating on shares of Amazon.com in a research report on Tuesday, October 20th. Finally, Royal Bank Of Canada upped their target price on Amazon.com from $320.00 to $330.00 and gave the stock an "outperform" rating in a research report on Friday, July 31st. Fifty-seven 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.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $325.12.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $249.09 on Tuesday. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve 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 company has a 50-day moving average of $255.64 and a 200-day moving average of $243.00. The firm has a market cap of $2.69 trillion, a price-to-earnings ratio of 20.04, a price-to-earnings-growth ratio of 2.04 and a beta of 1.45.

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

Insider Transactions at Amazon.com

In other Amazon.com news, CFO Brian Olsavsky sold 6,172 shares of Amazon.com stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $260.31, for a total value of $1,606,633.32. Following the transaction, the chief financial officer owned 109,207 shares in the company, valued at approximately $28,427,674.17. The trade was a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of the company's 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 completion of the transaction, the chief executive officer directly owned 17,794 shares in the company, valued at $4,609,713.64. This represents a 44.97% 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. Insiders have sold a total of 71,589 shares of company stock valued at $18,580,515 in the last 90 days. 8.90% of the stock is owned by corporate insiders.

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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