Amazon.com, Inc. $AMZN Holdings Trimmed by Fairfield Financial Advisors LTD

Key Points

• Fairfield Financial Advisors reduced its Amazon stake by 4.4% in the third quarter, selling 1,911 shares and retaining 41,088 shares valued at approximately $10.2 million.
• Institutional ownership remains substantial at 72.2%, with several major investors increasing or initiating positions. Analysts maintain a “Moderate Buy” consensus, with an average price target of $322.53.
• Amazon reported strong quarterly results, including $200.61 billion in revenue, up 19.6% year over year, and $5.75 in earnings per share versus a $1.82 consensus estimate. The stock opened at $262.37, below its 52-week high of $287.20.

Fairfield Financial Advisors LTD trimmed its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 4.4% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 41,088 shares of the e-commerce giant's stock after selling 1,911 shares during the period. Amazon.com comprises 3.7% of Fairfield Financial Advisors LTD's investment portfolio, making the stock its 7th biggest position. Fairfield Financial Advisors LTD's holdings in Amazon.com were worth $10,237,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. State Street Corp grew its holdings in shares of Amazon.com by 5.5% in the second quarter. State Street Corp now owns 411,848,346 shares of the e-commerce giant's stock valued at $95,504,904,000 after acquiring an additional 21,398,025 shares in the last quarter. Bank of America Corp DE bought a new stake in Amazon.com during the second quarter worth $22,218,775,000. Bank of New York Mellon Corp bought a new stake in Amazon.com during the second quarter worth $16,341,405,000. Amundi boosted its position in Amazon.com by 3.9% in the second 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 during the last quarter. Finally, Legal & General Group Plc purchased a new position in Amazon.com in the second quarter worth $12,831,376,000. 72.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. UBS Group set a $200.00 target price on Amazon.com in a research report on Thursday, September 17th. Susquehanna reissued a "positive" rating on shares of Amazon.com in a report on Tuesday, October 6th. Phillip Securities lowered shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research report on Monday, August 3rd. Morgan Stanley restated an "overweight" rating and set a $350.00 price objective (up from $335.00) on shares of Amazon.com in a report on Monday. Finally, Monness Crespi & Hardt raised their price objective on shares of Amazon.com from $315.00 to $330.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Fifty-seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Amazon.com currently has an average rating of "Moderate Buy" and an average target price of $322.53.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: AWS and custom AI chips remain the main bullish catalysts. Amazon opened its Trainium chips to PyTorch developers, potentially making its lower-cost custom silicon more attractive and reducing reliance on Nvidia. AWS reportedly posted its fastest growth in 18 quarters, although investors are watching whether growth can justify the planned infrastructure spending. Amazon custom AI silicon article
• Positive Sentiment: Analyst support and institutional buying provide a positive backdrop. Morgan Stanley named Amazon a top pick and raised its price target, citing an underappreciated AWS runway. Egerton Capital also reportedly added 1.14 million shares, while ETFs bought AMZN during the latest reported period. Morgan Stanley Amazon target article
• Positive Sentiment: Retail and logistics trends remain encouraging. Amazon is gaining fresh-grocery market share, and Jefferies says warehouse automation and third-party delivery could improve long-term retail margins by reducing labor and wage-inflation exposure. Record holiday hiring also signals expectations for strong seasonal demand. Amazon logistics automation article
• Neutral Sentiment: Amazon’s Germany expansion and data-center decisions have uncertain near-term financial effects. The company plans to invest more than €16 billion in Germany across AWS, AI, logistics and other operations, while abandoning a $427 million data-center project on George Washington University land and donating the property instead. These moves support long-term capacity but add execution and investment questions. Amazon Germany investment article
• Negative Sentiment: Heavy AI spending and power shortages are weighing on the investment case. Reports say billions of dollars of Nvidia systems are being stored because some Amazon data-center sites lack sufficient power. Combined with roughly $200 billion of planned capital spending and negative free cash flow, the issue raises concerns that AWS growth may not produce attractive returns quickly enough. Amazon Nvidia hardware and power shortages article
• Negative Sentiment: Competitive and regulatory risks are increasing. Walmart is embracing AI-agent commerce after Amazon began blocking outside agents from purchasing on its platform. A proposed Senate bill could also eliminate subsidies and impose tax penalties on large AI-focused data centers, potentially increasing Amazon’s infrastructure costs. Walmart and Amazon AI agents article

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $251.50, for a total value of $251,500.00. Following the completion of the transaction, the chief executive officer directly owned 474,681 shares of the company's stock, valued at approximately $119,382,271.50. This trade represents a 0.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Garman sold 14,541 shares of Amazon.com stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the completion of the transaction, the chief executive officer owned 17,794 shares of the company's stock, valued at $4,609,713.64. This represents a 44.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 valued at $18,580,515. Corporate insiders own 8.90% of the company's stock.

Amazon.com Trading Down 0.1%

Shares of Amazon.com stock opened at $262.37 on Thursday. The stock has a market capitalization of $2.83 trillion, a P/E ratio of 21.11, a P/E/G ratio of 2.03 and a beta of 1.45. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $287.20. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. The stock's 50-day simple moving average is $256.15 and its 200 day simple moving average is $253.04.

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. The firm had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company's quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter last year, the business earned $1.68 earnings per share. As a group, research analysts anticipate that Amazon.com, Inc. will post 8.02 EPS for the current year.

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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