Amazon.com, Inc. $AMZN Stock Acquired by Krilogy Financial LLC

Key Points

• Krilogy Financial increased its Amazon stake by 12.9% in the third quarter, bringing its holdings to 177,714 shares valued at approximately $44.2 million. Institutional investors collectively own 72.2% of Amazon’s stock.
• Wall Street remains broadly bullish, with 57 analysts rating Amazon a Buy and three assigning a Hold; the stock has a consensus “Moderate Buy” rating and an average price target of $322.53.
• Amazon reported strong quarterly results, including $200.61 billion in revenue and $5.75 in earnings per share, but insiders sold $18.6 million of stock last quarter and investors remain focused on the risks of heavy AI and data-center spending.

Krilogy Financial LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 12.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 177,714 shares of the e-commerce giant's stock after purchasing an additional 20,369 shares during the quarter. Amazon.com comprises about 1.2% of Krilogy Financial LLC's portfolio, making the stock its 18th biggest position. Krilogy Financial LLC's holdings in Amazon.com were worth $44,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. TOP Private Wealth LLC. bought a new position in Amazon.com in the 2nd quarter valued at $29,000. Bard Associates Inc. acquired a new stake in shares of Amazon.com in the 2nd quarter valued at $32,000. Longfellow Investment Management Co. LLC acquired a new stake in shares of Amazon.com in the 2nd quarter valued at $33,000. Atomic Invest LLC raised its position 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 worth $40,000 after acquiring an additional 49 shares during the last quarter. Finally, Lifetime Wealth Management P.C. bought a new stake in shares of Amazon.com during the fourth quarter worth $45,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analyst Weigh In

AMZN has been the topic of several research reports. Citizens Jmp reaffirmed a "market outperform" rating and set a $315.00 price target on shares of Amazon.com in a research note on Friday, July 31st. Truist Financial raised their price target on Amazon.com from $320.00 to $350.00 and gave the company a "buy" rating in a report on Friday, July 31st. HSBC reiterated a "buy" rating and issued a $310.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. Morgan Stanley reissued 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, Piper Sandler reissued an "overweight" rating and set a $320.00 price objective (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. Fifty-seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Amazon.com has a consensus rating of "Moderate Buy" and an average target price of $322.53.

Insider Buying and Selling at Amazon.com

In related news, SVP David Zapolsky sold 9,258 shares of the company's stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $259.77, for a total value of $2,404,950.66. Following the completion of the sale, the senior vice president owned 41,190 shares in the company, valued at approximately $10,699,926.30. This represents a 18.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Jassy sold 20,000 shares of the company's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $5,180,200.00. Following the completion of the sale, the chief executive officer owned 2,235,766 shares of the company's stock, valued at $579,085,751.66. This represents a 0.89% 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. Insiders sold 71,589 shares of company stock valued at $18,580,515 over the last quarter. 8.90% of the stock is owned by corporate insiders.

More Amazon.com News

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

• Positive Sentiment: Morgan Stanley names Amazon a top pick: The firm raised its price target to $350 from $335 and maintained an Overweight rating, citing an “under-appreciated” AWS growth runway. Morgan Stanley now expects AWS growth of approximately 47% in 2027, alongside potential gains from Bedrock, agentic AI, advertising, robotics and automated fulfillment. Amazon stock pops after Morgan Stanley details five catalysts
• Positive Sentiment: AWS makes Trainium easier to adopt: Amazon introduced TorchNeuron, a tool designed to let developers run existing PyTorch applications on its Trainium chips with minimal code changes. The software could reduce Nvidia’s CUDA-related ecosystem advantage, improve Trainium adoption and lower customer AI-computing costs. Amazon is taking its biggest shot at Nvidia with TorchNeuron
• Positive Sentiment: Long-term power strategy supports AI expansion: Amazon agreed to fund development of a proposed 960-megawatt Indiana nuclear plant and intends to purchase its electricity. The project could provide reliable power for expanding data-center capacity, although it remains subject to feasibility work and approvals. Amazon to fund 12 small nuclear reactors in Indiana
• Neutral Sentiment: Data-center supply chain activity: 3M expanded its commercial relationship with Amazon for data-center products, reportedly involving a multibillion-dollar opportunity. The agreement highlights continued infrastructure spending but does not appear to materially change Amazon’s near-term earnings outlook. 3M expands Amazon data center partnership
• Negative Sentiment: Capital intensity remains a risk: Commentary noted Amazon’s planned roughly $220 billion in annual capital expenditures, negative free cash flow and higher long-term debt. Investors will need evidence that AI spending translates into durable AWS revenue and margin expansion. Amazon’s AI data-center spending challenges

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $262.45 on Tuesday. The firm has a fifty day moving average of $256.44 and a two-hundred day moving average of $252.31. The stock has a market capitalization of $2.83 trillion, a price-to-earnings ratio of 21.11, a PEG ratio of 1.93 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.

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 for the quarter, beating analysts' consensus estimates of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. The company had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. During the same quarter in the prior year, the business posted $1.68 EPS. The firm's quarterly revenue was up 19.6% on a year-over-year basis. As a group, equities research analysts predict that Amazon.com, Inc. will post 8.02 EPS for the current year.

About Amazon.com

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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