Amazon.com, Inc. $AMZN Shares Sold by Enclave Advisors LLC

Key Points

• Enclave Advisors reduced its Amazon stake by 7.3% in the third quarter, selling 5,647 shares and retaining 71,969 shares valued at approximately $17.9 million. Institutional investors collectively own 72.2% of Amazon.
• Wall Street sentiment remains favorable, with 57 analysts rating Amazon a Buy and three a Hold; the stock has a “Moderate Buy” consensus rating and an average price target of $322.53.
• Amazon reported strong quarterly results, earning $5.75 per share versus the $1.82 consensus estimate and generating $200.61 billion in revenue, up 19.6% year over year. Meanwhile, insiders sold 71,589 shares worth about $18.6 million over the past 90 days.

Enclave Advisors LLC lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 7.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 71,969 shares of the e-commerce giant's stock after selling 5,647 shares during the period. Amazon.com comprises approximately 2.3% of Enclave Advisors LLC's investment portfolio, making the stock its 12th biggest holding. Enclave Advisors LLC's holdings in Amazon.com were worth $17,931,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Trust Asset Management LLC raised its position in Amazon.com by 3.3% during the 2nd 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 in the last quarter. TOP Private Wealth LLC. bought a new position in shares of Amazon.com during the 2nd quarter worth $29,000. Bard Associates Inc. bought a new position in shares of Amazon.com during the 2nd quarter worth $32,000. Longfellow Investment Management Co. LLC bought a new position in shares of Amazon.com during the 2nd quarter worth $33,000. Finally, Atomic Invest LLC increased its stake in shares of Amazon.com by 41.2% during the second quarter. Atomic Invest LLC now owns 168 shares of the e-commerce giant's stock valued at $40,000 after buying an additional 49 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Activity

In other Amazon.com news, SVP David Zapolsky sold 9,258 shares of Amazon.com stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the completion of 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 sale was disclosed in a legal filing with the SEC, 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 Amazon.com stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $606,860.43. Following the sale, the vice president directly owned 119,780 shares of the company's stock, valued at approximately $31,024,217.80. This represents a 1.92% decrease in their position. 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 valued at $18,580,515. 8.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

AMZN has been the subject of several recent research reports. Barclays restated an "overweight" rating and issued a $365.00 price objective (up from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Needham & Company LLC reiterated a "buy" rating and set a $300.00 target price on shares of Amazon.com in a report on Friday, July 31st. Rosenblatt Securities increased their target price on shares of Amazon.com from $335.00 to $360.00 and gave the stock a "buy" rating in a report on Wednesday, September 30th. JPMorgan Chase & Co. raised their target price on shares of Amazon.com from $330.00 to $365.00 and gave the company an "overweight" rating in a research report on Friday, July 31st. Finally, Roth Capital restated a "buy" rating and issued a $325.00 price target on shares of Amazon.com in a report on Monday, August 3rd. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $322.53.

Amazon.com Trading Up 0.1%

Shares of Amazon.com stock opened at $262.63 on Wednesday. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20. The firm has a market capitalization of $2.83 trillion, a price-to-earnings ratio of 21.13, a PEG ratio of 2.03 and a beta of 1.45. The firm's 50 day simple moving average is $256.25 and its two-hundred day simple moving average is $252.67.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The business had revenue of $200.61 billion during the quarter, compared to analysts' expectations of $197.03 billion. During the same quarter last year, the company posted $1.68 earnings per share. The business's quarterly revenue was up 19.6% on a year-over-year basis. Analysts predict that Amazon.com, Inc. will post 8.02 EPS for the current year.

Amazon.com News Summary

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

• Positive Sentiment: Morgan Stanley named Amazon a top pick and raised its price target to $350 from $335. The firm expects AWS growth to accelerate to 47% in 2027 and cited cloud margins, Bedrock, agentic AI, advertising and robotics as additional catalysts. Amazon shares jump as Morgan Stanley calls AWS runway under-appreciated
• Positive Sentiment: Amazon plans to hire more than 300,000 U.S. seasonal, part-time and full-time workers—20% more than last year—signaling expectations for strong holiday shopping demand. It will also expand healthcare access for eligible seasonal employees beginning in 2027. Amazon Creates Over 300,000 New U.S. Jobs
• Positive Sentiment: AWS released TorchNeuron, which helps developers run existing PyTorch applications on Amazon’s Trainium chips with fewer code changes. The initiative could reduce reliance on Nvidia’s software ecosystem and improve Amazon’s long-term AI infrastructure economics. Amazon releases TorchNeuron
• Positive Sentiment: Amazon committed more than $17 billion to expand Germany operations, including AWS, AI infrastructure, logistics, satellite internet and Prime Video. The investment supports international growth but will require substantial capital. Amazon Germany investment
• Neutral Sentiment: Amazon is funding development of a proposed 960-megawatt Indiana small-modular-reactor project and would purchase its electricity if completed. The project could help address data-center power needs, but remains in the feasibility stage. Amazon Indiana nuclear project
• Negative Sentiment: Investors remain concerned about Amazon’s roughly $220 billion 2026 capital-spending plan, negative free cash flow and reports that some Nvidia AI systems cannot yet be powered because of data-center constraints. Heavy spending must translate into AWS revenue and profit growth.
• Negative Sentiment: Walmart’s new membership bundle increases competition with Amazon Prime, while analysts question whether customers will understand or use the offering. Amazon’s rising advertising and seller-services revenue also raises concerns about pressure on merchants’ profitability.

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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