Amazon.com, Inc. $AMZN Shares Bought by Gunderson Capital Management LLC

Key Points

• Gunderson Capital Management increased its Amazon stake by 306.6% in the third quarter, purchasing 15,859 additional shares for a total of 21,032 shares valued at approximately $5.24 million. Institutional investors collectively own 72.2% of Amazon’s stock.
• Amazon reported quarterly earnings of $5.75 per share, substantially exceeding the $1.82 consensus estimate, while revenue rose 19.6% year over year to $200.61 billion.
• Analysts remain broadly optimistic, with a “Moderate Buy” consensus and an average price target of $322.53, but investors are watching whether heavy AI infrastructure spending—part of a planned $220 billion investment—will pressure free cash flow and deliver adequate returns.

Gunderson Capital Management LLC grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 306.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,032 shares of the e-commerce giant's stock after purchasing an additional 15,859 shares during the period. Amazon.com makes up about 1.4% of Gunderson Capital Management LLC's holdings, making the stock its 28th biggest position. Gunderson Capital Management LLC's holdings in Amazon.com were worth $5,240,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of AMZN. Trust Asset Management LLC raised its position in 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 worth $26,000 after acquiring an additional 3,414 shares in the last quarter. TOP Private Wealth LLC. purchased a new stake in Amazon.com during the second quarter worth $29,000. Bard Associates Inc. acquired a new stake in Amazon.com in the 2nd quarter valued at about $32,000. Longfellow Investment Management Co. LLC acquired a new stake in shares of Amazon.com in the second quarter valued at approximately $33,000. Finally, Atomic Invest LLC grew its position in shares of Amazon.com by 41.2% in the second quarter. Atomic Invest LLC now owns 168 shares of the e-commerce giant's stock valued at $40,000 after purchasing an additional 49 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $248.00 on Friday. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $287.20. The stock has a market capitalization of $2.68 trillion, a P/E ratio of 19.95, a PEG ratio of 2.06 and a beta of 1.45. 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 business's fifty day moving average price is $255.56 and its 200 day moving average price is $253.29.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results 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 during the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. The firm's revenue was up 19.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.68 earnings per share. As a group, research analysts anticipate that Amazon.com, Inc. will post 7.55 earnings per share for the current year.

Key Amazon.com News

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

• Positive Sentiment: AWS growth is accelerating, with analysts focused on stronger demand for AI infrastructure, a large cloud backlog and potential margin expansion. Morgan Stanley named Amazon a top pick and raised its price target to $350, citing AWS growth, advertising, Prime, and fulfillment automation as additional catalysts. Amazon's $350 Price Target Faces a Big Earnings Test
• Positive Sentiment: CEO Andy Jassy said Amazon’s Trainium chips could reduce AI inference costs, which he characterized as roughly 10 times too high today. Successful adoption of internally designed chips could lower AWS infrastructure costs and improve profitability. Amazon CEO Discusses AI Inference Costs and Trainium
• Positive Sentiment: Analysts also see longer-term upside from warehouse automation, logistics expansion and advertising monetization, while Amazon’s planned UK entry-level hiring initiative may support its workforce and public-image goals. Amazon Logistics Automation Offers Long-Term Margin Gains
• Neutral Sentiment: Investors are awaiting the October 29 quarterly report, which is expected to clarify AWS growth, cloud margins, capital-spending guidance, free-cash-flow recovery and early Prime Day demand. Amazon Earnings Scheduled for October 29
• Negative Sentiment: The $220 billion investment plan has pushed free cash flow into the red and raised concerns that AI spending may outpace near-term returns. Reports that Nvidia hardware is waiting for available data-center power add execution risk to the infrastructure buildout. Amazon AI Hardware Awaits Data-Center Power

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Royal Bank Of Canada lifted their price objective on Amazon.com from $320.00 to $330.00 and gave the stock an "outperform" rating in a research report on Friday, July 31st. Roth Capital reiterated a "buy" rating and set a $325.00 target price on shares of Amazon.com in a report on Monday, August 3rd. Robert W. Baird set a $310.00 price target on Amazon.com and gave the stock an "outperform" rating in a research report on Friday, July 31st. HSBC reissued a "buy" rating and issued a $310.00 price target on shares of Amazon.com in a report on Friday, July 31st. Finally, Zacks Research downgraded Amazon.com from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 14th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $322.53.

Insiders Place Their Bets

In other Amazon.com news, CEO Andrew R. Jassy sold 20,000 shares of the firm's stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $5,180,200.00. Following the transaction, the chief executive officer directly owned 2,235,766 shares of the company's stock, valued at $579,085,751.66. This trade represents a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian T. Olsavsky sold 6,172 shares of the firm's stock in a transaction dated 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 completion of the transaction, the chief financial officer directly owned 109,207 shares in the company, valued at $28,427,674.17. This trade represents a 5.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 71,589 shares of company stock worth $18,580,515. 8.90% of the stock is owned by insiders.

Amazon.com Company 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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