Amazon.com, Inc. $AMZN Stock: Albion Financial Group UT Boosts Position

Key Points

• Albion Financial Group UT increased its Amazon stake by 2.3% in the third quarter, adding 5,668 shares to reach 249,928 shares valued at about $62.3 million. Amazon represents roughly 3.5% of the fund’s portfolio and is its sixth-largest holding.
• Amazon’s latest quarterly results fell slightly short of expectations, with EPS of $1.89 versus a $1.97 estimate and revenue of $201.94 billion versus $202.22 billion expected; revenue still grew 12.1% year over year.
• Analysts remain broadly positive: the stock has a “Moderate Buy” consensus rating and an average price target of $321.02. Meanwhile, insiders sold 70,589 shares worth about $18.3 million over the past 90 days.

Albion Financial Group UT raised its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 249,928 shares of the e-commerce giant's stock after purchasing an additional 5,668 shares during the period. Amazon.com comprises approximately 3.5% of Albion Financial Group UT's portfolio, making the stock its 6th biggest holding. Albion Financial Group UT's holdings in Amazon.com were worth $62,270,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in AMZN. Milestones Administradora de Recursos Ltda. raised its stake in Amazon.com by 5.7% during the third quarter. Milestones Administradora de Recursos Ltda. now owns 297,254 shares of the e-commerce giant's stock worth $74,061,000 after purchasing an additional 16,105 shares during the period. Element Pointe Advisors LLC raised its position in shares of Amazon.com by 1.2% in the 3rd quarter. Element Pointe Advisors LLC now owns 5,878 shares of the e-commerce giant's stock worth $1,464,000 after buying an additional 69 shares during the period. Canoe Financial LP raised its position in shares of Amazon.com by 38.9% in the 3rd quarter. Canoe Financial LP now owns 373,810 shares of the e-commerce giant's stock worth $92,791,000 after buying an additional 104,610 shares during the period. Guardian Partners Inc. boosted its holdings in Amazon.com by 47.3% in the third quarter. Guardian Partners Inc. now owns 23,312 shares of the e-commerce giant's stock valued at $5,808,000 after acquiring an additional 7,485 shares during the last quarter. Finally, Stillwater Wealth Management Group boosted its holdings in Amazon.com by 0.7% in the third quarter. Stillwater Wealth Management Group now owns 19,671 shares of the e-commerce giant's stock valued at $4,901,000 after acquiring an additional 131 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insiders Place Their Bets

In related news, CEO Matthew Garman sold 14,541 shares of Amazon.com stock in a transaction 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 sale, the chief executive officer owned 17,794 shares of the company's stock, valued at $4,609,713.64. The trade was a 44.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the business's stock in a transaction on 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 transaction, the senior vice president owned 41,190 shares in the company, valued at $10,699,926.30. This represents a 18.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 70,589 shares of company stock valued at $18,302,125. Corporate insiders own 8.90% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on AMZN. UBS Group reissued a "buy" rating and set a $348.00 price target (up from $318.00) on shares of Amazon.com in a research report on Monday, October 26th. Rosenblatt Securities restated a "buy" rating and issued a $360.00 price objective on shares of Amazon.com in a report on Friday, October 30th. JPMorgan Chase & Co. lifted their price objective on Amazon.com from $330.00 to $365.00 and gave the company an "overweight" rating in a research note on Friday, July 31st. Bank of America reiterated a "buy" rating and set a $317.00 target price on shares of Amazon.com in a report on Friday. Finally, Cantor Fitzgerald decreased their target price on Amazon.com from $310.00 to $280.00 and set an "overweight" rating for the company in a report on Friday, October 30th. Two analysts have rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $321.02.

Amazon.com Stock Up 2.1%

Shares of NASDAQ AMZN opened at $250.69 on Wednesday. The stock has a fifty day moving average price of $253.79 and a 200 day moving average price of $243.18. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 0.28. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20. The company has a market cap of $2.71 trillion, a P/E ratio of 33.74, a P/E/G ratio of 1.86 and a beta of 1.49.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 earnings per share for the quarter, missing analysts' consensus estimates of $1.97 by ($0.08). Amazon.com had a return on equity of 15.72% and a net margin of 16.90%. The company had revenue of $201.94 billion during the quarter, compared to analysts' expectations of $202.22 billion. During the same quarter in the prior year, the company earned $1.95 EPS. The firm's revenue was up 12.1% compared to the same quarter last year. Research analysts anticipate that Amazon.com, Inc. will post 7.84 EPS for the current fiscal year.

Key Amazon.com News

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

• Positive Sentiment: Amazon said commitments for its custom chips have increased more than 20-fold and plans to make Trainium available beyond AWS in late 2027, strengthening its opportunity to monetize AI infrastructure. Article: Amazon Stocks Edge Higher as Custom-Chip Commitments Increase More Than 20-Fold
• Positive Sentiment: Analyst support added momentum: Freedom Broker raised its price target to $330 and maintained a Buy rating, while Phillip Securities upgraded Amazon to Strong Buy. AWS growth is a key part of the bullish case. Freedom Broker rating
• Positive Sentiment: Early Black Friday promotions may support retail sales and customer engagement as Amazon enters the holiday shopping season. Article: Amazon Stock Rises on Early Black Friday Deals and Discounts
• Neutral Sentiment: Amazon’s updated software-engineering guidelines emphasize customer results rather than how much engineers use AI. The shift signals adaptation to AI-assisted development but has no clear immediate financial impact. Article: Amazon rewrites its software engineering playbook
• Negative Sentiment: Investors remain concerned that the AI buildout is weighing on cash generation: reports cited a $34.8 billion free-cash-flow outflow and plans for substantial infrastructure investment. Strong cloud growth may help justify the spending, but returns and funding remain risks. Article: Amazon Lines Up $80 Billion of Supplier Financing
• Negative Sentiment: A separate report highlighted concerns about slowing e-commerce growth and worsening cash burn despite accelerating cloud revenue, tempering the bullish AI narrative. Article: Amazon's Earnings Just Hit a Record. So Why Is the Stock Down 11% From Its Peak?

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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