7,927 Amazon.com, Inc. $AMZN Shares Bought by Ferguson Wellman Capital Management Inc.

Key Points

• Ferguson Wellman Capital Management increased its Amazon stake by 1.1%, buying 7,927 shares to hold 753,345 shares valued at approximately $187.7 million. Institutional investors collectively own 72.2% of Amazon’s stock.
• Amazon reported quarterly EPS of $5.75, well above the $1.82 consensus estimate, while revenue rose 19.6% year over year to $200.61 billion. Shares were recently trading at $262.43, up 3.3%.
• Analysts remain broadly bullish, with 56 Buy ratings, three Holds, and an average price target of $322.86; however, investors face risks from heavy AI spending, restructuring, and potential antitrust scrutiny.

Ferguson Wellman Capital Management Inc. raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 753,345 shares of the e-commerce giant's stock after purchasing an additional 7,927 shares during the quarter. Amazon.com accounts for about 2.2% of Ferguson Wellman Capital Management Inc.'s portfolio, making the stock its 9th largest position. Ferguson Wellman Capital Management Inc.'s holdings in Amazon.com were worth $187,696,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. TOP Private Wealth LLC. bought a new position in shares of Amazon.com in the 2nd quarter valued at about $29,000. Bard Associates Inc. purchased a new position in Amazon.com in the second quarter worth about $32,000. Longfellow Investment Management Co. LLC purchased a new position in Amazon.com in the second quarter worth about $33,000. Atomic Invest LLC grew its position in Amazon.com by 41.2% in the second quarter. Atomic Invest LLC now owns 168 shares of the e-commerce giant's stock worth $40,000 after acquiring an additional 49 shares in the last quarter. Finally, Lifetime Wealth Management P.C. bought a new stake in Amazon.com during the fourth quarter worth approximately $45,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Up 3.3%

Shares of NASDAQ:AMZN opened at $262.43 on Friday. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $287.20. The stock has a market cap of $2.83 trillion, a P/E ratio of 21.11, a price-to-earnings-growth ratio of 2.03 and a beta of 1.45. The business's 50 day moving average is $258.83 and its 200 day moving average is $249.88. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 EPS 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%. Amazon.com's quarterly revenue was up 19.6% on a year-over-year basis. During the same period last year, the business posted $1.68 EPS. Sell-side analysts predict that Amazon.com, Inc. will post 8.03 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Douglas Herrington sold 1,000 shares of the stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $251.50, for a total transaction of $251,500.00. Following the transaction, the chief executive officer owned 474,681 shares of the company's stock, valued at approximately $119,382,271.50. This represents a 0.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,343 shares of the firm's stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $606,860.43. Following the transaction, the vice president owned 119,780 shares in the company, valued at approximately $31,024,217.80. This represents a 1.92% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. 8.90% of the stock is owned by company insiders.

Key Amazon.com News

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

• Positive Sentiment: AI and AWS optimism: AWS CEO Matt Garman said AI spending is not yet in a bubble, citing diversified customers and attractive returns. Analysts also point to AWS’s accelerating growth, custom-chip demand from major AI companies, and Amazon’s planned infrastructure investments as potential long-term catalysts. AWS CEO discusses AI spending
• Positive Sentiment: Analysts see upside: Needham described Amazon as undervalued, citing AI adoption, expanding margins, and cloud leadership. Technical analysts said a double-bottom breakout could open a path toward $320, with resistance near $267.56 and $287.20. Amazon valuation and AI outlook
• Positive Sentiment: Cost-cutting supports margins: Amazon is eliminating fewer than 1,000 positions, primarily in Stores, customer service, marketplace support, and engineering. The cuts may improve efficiency as the company shifts resources toward AI, although they also signal ongoing restructuring. Amazon job cuts
• Neutral Sentiment: Data-center transparency: Amazon said it will stop using nondisclosure agreements in negotiations with local governments over data centers, potentially easing opposition to AI infrastructure while exposing the company to greater public scrutiny. Amazon drops data-center NDAs
• Negative Sentiment: Regulatory and reputational risk: An investigation alleges Amazon pressured sellers to raise prices at competing retailers, potentially increasing antitrust scrutiny. Investigation into Amazon pricing practices
• Negative Sentiment: Heavy AI spending remains a concern: Amazon’s large capital commitments, including planned GPU deployments, could pressure free cash flow if AI demand or returns disappoint. Blocking third-party AI shopping agents may also create an opening for competitors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Weiss Ratings restated a "buy (b)" rating on shares of Amazon.com in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $325.00 price objective (up from $315.00) on shares of Amazon.com in a research note on Friday, July 31st. Wedbush raised their price objective on Amazon.com from $293.00 to $310.00 and gave the company an "outperform" rating in a research note on Friday, July 31st. Bank of America lifted their target price on Amazon.com from $310.00 to $320.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Finally, Evercore set a $355.00 target price on Amazon.com and gave the company an "outperform" rating in a research report on Friday, August 28th. Fifty-six 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, the company presently has an average rating of "Moderate Buy" and an average price target of $322.86.

Amazon.com Company Profile

Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.

Amazon's major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.

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