Amazon.com, Inc. $AMZN Holdings Increased by Crossmark Global Holdings Inc.

Key Points

• Crossmark Global Holdings increased its Amazon stake by 0.4% in the third quarter, adding 2,302 shares to reach 654,599 shares valued at about $163.1 million. Amazon is its fifth-largest holding.
• Institutional investors own 72.2% of Amazon shares, while company insiders sold 70,589 shares worth about $18.3 million over the past 90 days; the reported sales were made under pre-arranged trading plans.
• Amazon’s latest quarterly results fell short of analyst expectations for both earnings and revenue, although revenue grew 12.1% year over year. Analysts maintain a “Moderate Buy” consensus, with an average price target of $321.02.

Crossmark Global Holdings Inc. raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 654,599 shares of the e-commerce giant's stock after purchasing an additional 2,302 shares during the quarter. Amazon.com accounts for about 2.0% of Crossmark Global Holdings Inc.'s holdings, making the stock its 5th biggest position. Crossmark Global Holdings Inc.'s holdings in Amazon.com were worth $163,093,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. State Street Corp raised its holdings in Amazon.com by 5.5% during the second quarter. State Street Corp now owns 411,848,346 shares of the e-commerce giant's stock worth $95,504,904,000 after purchasing an additional 21,398,025 shares during the last quarter. Bank of America Corp DE acquired a new stake in shares of Amazon.com during the second quarter worth $22,218,775,000. Bank of New York Mellon Corp acquired a new stake in Amazon.com during the second quarter worth about $16,341,405,000. Amundi increased its position in Amazon.com by 3.9% during the 2nd quarter. Amundi now owns 63,822,242 shares of the e-commerce giant's stock worth $15,211,393,000 after purchasing an additional 2,421,739 shares in the last quarter. Finally, Legal & General Group Plc acquired a new position in Amazon.com during the second quarter valued at approximately $12,831,376,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 2,343 shares of Amazon.com 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 completion of the transaction, the vice president owned 119,780 shares of the company's stock, valued at $31,024,217.80. The trade was a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the business's stock in a transaction on 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 sale, the senior vice president owned 41,190 shares of the company's stock, valued at approximately $10,699,926.30. The trade was a 18.35% 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 90 days, insiders sold 70,589 shares of company stock worth $18,302,125. 8.90% of the stock is owned by insiders.

Amazon.com News Summary

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

• Positive Sentiment: Amazon said commitments for its custom chips have increased more than 20-fold and plans to make Trainium available beyond AWS in late 2027, strengthening its opportunity to monetize AI infrastructure. Article: Amazon Stocks Edge Higher as Custom-Chip Commitments Increase More Than 20-Fold
• Positive Sentiment: Analyst support added momentum: Freedom Broker raised its price target to $330 and maintained a Buy rating, while Phillip Securities upgraded Amazon to Strong Buy. AWS growth is a key part of the bullish case. Freedom Broker rating
• Positive Sentiment: Early Black Friday promotions may support retail sales and customer engagement as Amazon enters the holiday shopping season. Article: Amazon Stock Rises on Early Black Friday Deals and Discounts
• Neutral Sentiment: Amazon’s updated software-engineering guidelines emphasize customer results rather than how much engineers use AI. The shift signals adaptation to AI-assisted development but has no clear immediate financial impact. Article: Amazon rewrites its software engineering playbook
• Negative Sentiment: Investors remain concerned that the AI buildout is weighing on cash generation: reports cited a $34.8 billion free-cash-flow outflow and plans for substantial infrastructure investment. Strong cloud growth may help justify the spending, but returns and funding remain risks. Article: Amazon Lines Up $80 Billion of Supplier Financing
• Negative Sentiment: A separate report highlighted concerns about slowing e-commerce growth and worsening cash burn despite accelerating cloud revenue, tempering the bullish AI narrative. Article: Amazon's Earnings Just Hit a Record. So Why Is the Stock Down 11% From Its Peak?

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $250.69 on Wednesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.82 and a current ratio of 0.99. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The firm's 50-day simple moving average is $253.79 and its 200-day simple moving average is $243.18. The firm has a market cap of $2.71 trillion, a PE ratio of 20.27, a price-to-earnings-growth ratio of 1.86 and a beta of 1.49.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The e-commerce giant reported $1.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.97 by ($0.08). Amazon.com had a net margin of 16.90% and a return on equity of 15.72%. The firm had revenue of $201.94 billion for the quarter, compared to analyst estimates of $202.22 billion. During the same quarter in the previous year, the company earned $1.95 EPS. The company's quarterly revenue was up 12.1% compared to the same quarter last year. Equities analysts forecast that Amazon.com, Inc. will post 7.84 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AMZN. Roth Capital reaffirmed a "buy" rating and set a $325.00 price target on shares of Amazon.com in a research report on Monday, August 3rd. Robert W. Baird set a $310.00 target price on shares of Amazon.com and gave the stock an "outperform" rating in a research report on Friday, July 31st. Needham & Company LLC reaffirmed a "buy" rating and set a $300.00 price target on shares of Amazon.com in a report on Friday, July 31st. Freedom Broker lifted their price target on shares of Amazon.com from $255.00 to $330.00 and gave the stock a "buy" rating in a research note on Tuesday. Finally, Wells Fargo & Company cut their price objective on shares of Amazon.com from $329.00 to $326.00 and set an "overweight" rating on the stock in a report on Friday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $321.02.

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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