Amazon.com, Inc. $AMZN Position Cut by Aspiriant LLC

Key Points

• Aspiriant LLC cut its Amazon position by 13.4% in the third quarter, selling 4,390 shares and retaining 28,365 shares valued at approximately $7.1 million.
• Amazon shares opened at $249.09, with a $2.69 trillion market capitalization; institutional investors own 72.2% of the stock.
• Analysts maintain a broadly bullish outlook, citing strong AWS and AI demand; Amazon’s latest quarterly results also exceeded estimates, with $5.75 EPS and $200.61 billion in revenue.

Aspiriant LLC trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 13.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,365 shares of the e-commerce giant's stock after selling 4,390 shares during the quarter. Aspiriant LLC's holdings in Amazon.com were worth $7,067,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Trust Asset Management LLC raised its position in shares of Amazon.com by 3.3% in the second quarter. Trust Asset Management LLC now owns 107,563 shares of the e-commerce giant's stock valued at $26,000 after purchasing an additional 3,414 shares during the period. TOP Private Wealth LLC. acquired a new stake in shares of Amazon.com in the second quarter worth $29,000. Bard Associates Inc. bought a new stake in shares of Amazon.com during the 2nd quarter worth $32,000. Longfellow Investment Management Co. LLC bought a new stake in shares of Amazon.com during the 2nd quarter worth $33,000. Finally, Atomic Invest LLC boosted its holdings in shares of Amazon.com by 41.2% during the 2nd quarter. Atomic Invest LLC now owns 168 shares of the e-commerce giant's stock worth $40,000 after buying an additional 49 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Stock Up 0.4%

Shares of AMZN stock opened at $249.09 on Tuesday. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $287.20. 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 stock has a fifty day moving average price of $255.64 and a 200 day moving average price of $243.00. The stock has a market cap of $2.69 trillion, a P/E ratio of 33.79, 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 results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. During the same quarter in the previous year, the firm posted $1.68 EPS. The business's revenue for the quarter was up 19.6% on a year-over-year basis. Analysts predict that Amazon.com, Inc. will post 7.55 earnings per share for the current year.

Trending Headlines about 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 research analysts recently issued reports on the stock. Susquehanna reiterated a "positive" rating on shares of Amazon.com in a research note on Tuesday, October 6th. TD Cowen reissued a "buy" rating and set a $350.00 target price on shares of Amazon.com in a research report on Monday, October 5th. Benchmark upped their price target on shares of Amazon.com from $370.00 to $400.00 and gave the company a "buy" rating in a report on Friday, July 31st. Truist Financial upped their price target on shares of Amazon.com from $320.00 to $350.00 and gave the company a "buy" rating in a report on Friday, July 31st. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Amazon.com in a research report on Monday, August 3rd. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Amazon.com presently has an average rating of "Moderate Buy" and an average price target of $325.12.

Insider Activity at Amazon.com

In other news, SVP David Zapolsky sold 9,258 shares of Amazon.com stock in a transaction dated 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 directly owned 41,190 shares in the company, valued at approximately $10,699,926.30. The trade was a 18.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Jassy sold 20,000 shares of Amazon.com stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the sale, the chief executive officer owned 2,235,766 shares in the company, valued at approximately $579,085,751.66. This trade represents a 0.89% 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. Insiders sold 71,589 shares of company stock worth $18,580,515 in the last ninety days. Company insiders own 8.90% of the company's stock.

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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