Amazon.com, Inc. $AMZN Stock: apricus wealth LLC Grows Stake

Key Points

• Apricus Wealth increased its Amazon stake by 80.4% in the third quarter, adding 2,950 shares to hold 6,617 shares valued at about $1.65 million.
• Amazon’s quarterly revenue rose 12.1% year over year to $201.94 billion, but both revenue and EPS of $1.89 fell short of analyst estimates.
• Analysts maintain a Moderate Buy consensus with an average price target of $321.74; meanwhile, company insiders sold 71,589 shares worth about $18.5 million over the past 90 days.

apricus wealth LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 80.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,617 shares of the e-commerce giant's stock after purchasing an additional 2,950 shares during the period. apricus wealth LLC's holdings in Amazon.com were worth $1,649,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Patton Albertson Miller Group LLC increased its stake in Amazon.com by 0.6% in the 3rd quarter. Patton Albertson Miller Group LLC now owns 46,512 shares of the e-commerce giant's stock valued at $11,589,000 after buying an additional 279 shares during the period. Geneva Partners LLC acquired a new stake in shares of Amazon.com during the 3rd quarter valued at $7,537,000. Sage Investment Counsel LLC boosted its stake in shares of Amazon.com by 8.5% during the 3rd quarter. Sage Investment Counsel LLC now owns 7,251 shares of the e-commerce giant's stock valued at $1,807,000 after buying an additional 569 shares during the period. Plimoth Trust Co. LLC boosted its stake in shares of Amazon.com by 0.7% during the 3rd quarter. Plimoth Trust Co. LLC now owns 66,633 shares of the e-commerce giant's stock valued at $16,602,000 after buying an additional 487 shares during the period. Finally, Solitude Financial Services grew its holdings in shares of Amazon.com by 8.4% during the 3rd quarter. Solitude Financial Services now owns 1,400 shares of the e-commerce giant's stock valued at $349,000 after acquiring an additional 108 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Down 1.7%

Shares of Amazon.com stock opened at $266.17 on Thursday. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 0.28. The stock has a 50 day moving average price of $254.41 and a two-hundred day moving average price of $244.06. The stock has a market capitalization of $2.88 trillion, a P/E ratio of 21.52, a PEG ratio of 2.06 and a beta of 1.49. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.08). Amazon.com had a return on equity of 15.72% and a net margin of 16.90%. The firm had revenue of $201.94 billion during the quarter, compared to the consensus estimate of $202.22 billion. During the same quarter last year, the business earned $1.95 EPS. The business's revenue was up 12.1% compared to the same quarter last year. Equities analysts expect that Amazon.com, Inc. will post 7.80 earnings per share for the current year.

Insiders Place Their Bets

In other news, SVP David Zapolsky sold 9,258 shares of the stock in a transaction that occurred on 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 directly owned 41,190 shares of the company's stock, 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Garman sold 14,541 shares of the firm's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the completion of the sale, the chief executive officer owned 17,794 shares in the company, valued at approximately $4,609,713.64. The trade was a 44.97% 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. Insiders sold a total of 71,589 shares of company stock valued at $18,545,595 in the last ninety days. Company insiders own 8.90% of the company's stock.

Top Amazon.com Stories

These are some of the AMZN stories that stood out recently:

• Positive Sentiment: Amazon received a Stock Grader upgrade. Its rating moved from Weak to Neutral, with return on equity and analyst earnings revisions identified as strengths, although several growth and cash-flow measures remained weak. Stock Grader article
• Neutral Sentiment: AWS expansion offers future capacity but requires substantial investment. Amazon’s planned Chile data centers add to its infrastructure footprint, though investors are weighing that opportunity against the cost of building out capacity. AWS Chile data center article
• Negative Sentiment: AI spending is pressuring free cash flow. Amazon expects approximately $220 billion in 2026 capital expenditures, and its AI buildout has pushed free cash flow into negative territory. Investors may remain cautious until spending translates into returns. AI capital expenditures article

Analysts Set New Price Targets

AMZN has been the topic of a number of research reports. UBS Group reaffirmed a "buy" rating and issued a $348.00 price target (up from $318.00) on shares of Amazon.com in a research note on Monday, October 26th. Wolfe Research reissued an "outperform" rating and set a $315.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. Barclays restated an "overweight" rating and issued a $365.00 target price (up from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. Royal Bank Of Canada restated an "outperform" rating and issued a $330.00 target price on shares of Amazon.com in a research note on Friday, October 30th. Finally, Susquehanna reaffirmed a "positive" rating on shares of Amazon.com in a research report on Friday, October 30th. Two analysts have rated the stock with a Strong Buy rating, fifty-five have issued a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $321.74.

Amazon.com Profile

Amazon.com, Inc. is a technology and e-commerce company founded by Jeff Bezos in 1994 as an online bookstore. It has since grown into a global business serving consumers, sellers, developers, enterprises and content creators. Amazon operates online stores and marketplaces, where it sells products directly and enables third-party sellers to reach customers. Its other businesses include Amazon Web Services, which provides cloud computing and related services; digital advertising; Prime memberships; and entertainment offerings such as streaming video and music.

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