Amazon.com, Inc. $AMZN Stock: Avidian Wealth Enterprises LLC Reduces Position

Key Points

• Avidian Wealth Enterprises cut its Amazon position by 16% in the third quarter, selling 16,223 shares and retaining 85,330 shares valued at approximately $21.26 million.
• Other institutional investors generally increased their holdings, and institutional ownership remains high at 72.2% of Amazon’s outstanding shares.
• Amazon recently exceeded earnings and revenue expectations, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $322.53 versus the reported share price of $254.08.

Avidian Wealth Enterprises LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 16.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 85,330 shares of the e-commerce giant's stock after selling 16,223 shares during the period. Avidian Wealth Enterprises LLC's holdings in Amazon.com were worth $21,260,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Ebert Capital Management Inc. lifted its holdings in Amazon.com by 0.8% in the third quarter. Ebert Capital Management Inc. now owns 22,634 shares of the e-commerce giant's stock valued at $5,639,000 after acquiring an additional 178 shares during the period. Veracity Capital LLC boosted its position in Amazon.com by 1.9% in the third quarter. Veracity Capital LLC now owns 17,251 shares of the e-commerce giant's stock worth $4,298,000 after purchasing an additional 319 shares during the last quarter. Plan A Wealth LLC boosted its position in Amazon.com by 1,683.4% in the third quarter. Plan A Wealth LLC now owns 41,731 shares of the e-commerce giant's stock worth $10,397,000 after purchasing an additional 39,391 shares during the last quarter. New Covenant Trust Company N.A. grew its stake in shares of Amazon.com by 14.7% during the 3rd quarter. New Covenant Trust Company N.A. now owns 15,164 shares of the e-commerce giant's stock valued at $3,778,000 after purchasing an additional 1,938 shares during the period. Finally, Toth Financial Advisory Corp increased its position in shares of Amazon.com by 1.0% during the 3rd quarter. Toth Financial Advisory Corp now owns 16,762 shares of the e-commerce giant's stock valued at $4,176,000 after purchasing an additional 166 shares during the last quarter. Institutional investors own 72.20% of the company's stock.

Amazon.com Trading Down 1.7%

Shares of NASDAQ:AMZN opened at $254.08 on Thursday. The stock has a 50 day moving average of $257.59 and a 200 day moving average of $251.19. The company has a market cap of $2.74 trillion, a PE ratio of 20.44, a price-to-earnings-growth ratio of 2.00 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. 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 released its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 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 company had revenue of $200.61 billion for the quarter, compared to analysts' expectations of $197.03 billion. During the same quarter last year, the business earned $1.68 EPS. The firm's revenue was up 19.6% compared to the same quarter last year. As a group, equities research analysts expect that Amazon.com, Inc. will post 8.03 EPS for the current year.

Amazon.com News Summary

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

• Positive Sentiment: AWS remains the key bullish catalyst. Reports highlight a $496 billion AWS backlog, cloud margins near 39%, and continued demand for AI infrastructure. Amazon also said its custom-chip and AI businesses each surpassed $25 billion, supporting the case that Trainium and Inferentia could eventually reduce reliance on Nvidia GPUs. AWS Backlog and Cloud Margins
• Positive Sentiment: Amazon is expanding its AI ecosystem. The company is reportedly considering a roughly $7 billion acquisition of Decart, whose software helps run AI workloads across Nvidia and Amazon chips. The deal could accelerate Trainium adoption and improve AWS’s competitive position. Amazon Decart AI Deal
• Positive Sentiment: Analyst fundamentals remain supportive. Erste Group raised its FY2027 EPS estimate to $10.71 from $10.54, while Amazon’s Prime Video sports strategy could increase engagement, retention and advertising opportunities. Amazon Prime Video Sports Strategy
• Neutral Sentiment: Investor positioning may amplify volatility. Amazon was reportedly the most widely owned hedge-fund stock in September, creating potential support but also increasing the risk of crowded-trade selling if earnings or AWS growth disappoints. Amazon Hedge Fund Ownership
• Negative Sentiment: AI investment is pressuring cash flow. Amazon’s planned spending of roughly $200 billion to $220 billion raises concerns about capital intensity, returns on invested capital and near-term free cash flow, even as operating cash flow improves. Amazon AI Spending
• Negative Sentiment: Regulatory and execution risks increased. Lawmakers asked the FAA to conduct a site-specific environmental review of Amazon’s proposed Massachusetts drone hub, citing noise, privacy, safety and environmental concerns. Amazon also recalled more than 112,000 bottles of acetaminophen sold through its platform. FAA Review of Amazon Drone Hub
• Negative Sentiment: New hardware faces market skepticism. Amazon’s $499.99-plus Alexa Tablet 12 Pro moves the company into a higher-priced segment against Apple’s iPad, while Apple’s new smart-home products intensify competition. Amazon Alexa Tablet Launch

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on AMZN shares. Mizuho set a $330.00 price objective on shares of Amazon.com and gave the stock an "outperform" rating in a research note on Friday, July 31st. Citizens Jmp restated a "market outperform" rating and set a $315.00 target price on shares of Amazon.com in a research report on Friday, July 31st. UBS Group set a $200.00 target price on shares of Amazon.com in a research report on Thursday, September 17th. Citigroup reaffirmed a "market outperform" rating on shares of Amazon.com in a report on Friday, August 14th. Finally, Telsey Advisory Group set a $335.00 price target on shares of Amazon.com and gave the stock an "outperform" rating in a research report on Friday, July 31st. Fifty-six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Amazon.com has a consensus rating of "Moderate Buy" and a consensus target price of $322.53.

Insiders Place Their Bets

In other news, CEO Andrew R. Jassy sold 20,000 shares of the stock in a transaction on 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 directly owned 2,235,766 shares of the company's stock, valued at $579,085,751.66. This represents a 0.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at 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 on Friday, August 21st. The shares were sold at an average price of $260.31, for a total transaction of $1,606,633.32. Following the sale, the chief financial officer owned 109,207 shares in the company, valued at $28,427,674.17. The trade was a 5.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 71,589 shares of company stock valued at $18,580,515. Insiders own 8.90% of the company's stock.

About Amazon.com

Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.

Amazon's major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.

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