Bath Savings Trust Co lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 101,828 shares of the e-commerce giant's stock after acquiring an additional 2,393 shares during the quarter. Amazon.com accounts for approximately 2.6% of Bath Savings Trust Co's portfolio, making the stock its 8th largest holding. Bath Savings Trust Co's holdings in Amazon.com were worth $25,370,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in the company. TOP Private Wealth LLC. purchased a new position in shares of Amazon.com during the 2nd quarter worth approximately $29,000. Bard Associates Inc. acquired a new stake in shares of Amazon.com in the 2nd quarter valued at approximately $32,000. Longfellow Investment Management Co. LLC purchased a new stake in shares of Amazon.com in the second quarter valued at approximately $33,000. Atomic Invest LLC boosted its stake in shares of Amazon.com by 41.2% in 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 in the last quarter. Finally, Lifetime Wealth Management P.C. acquired a new position in Amazon.com during the fourth quarter worth $45,000. 72.20% of the stock is owned by hedge funds and other institutional investors.
Amazon.com Trading Down 0.4%
Shares of Amazon.com stock opened at $258.58 on Wednesday. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. The business has a 50 day moving average price of $257.96 and a 200 day moving average price of $250.86. The company has a market capitalization of $2.79 trillion, a P/E ratio of 20.80, a P/E/G ratio of 2.01 and a beta of 1.45.
Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating analysts' consensus estimates of $1.82 by $3.93. The firm had revenue of $200.61 billion for the quarter, compared to analysts' expectations of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. Amazon.com's quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.68 EPS. Sell-side analysts anticipate that Amazon.com, Inc. will post 8.03 EPS for the current fiscal year.
Analyst Ratings Changes
A number of equities research analysts have commented on the company. UBS Group set a $200.00 target price on Amazon.com in a report on Thursday, September 17th. Robert W. Baird set a $310.00 price target on shares of Amazon.com and gave the stock an "outperform" rating in a research note on Friday, July 31st. Royal Bank Of Canada increased their price target on shares of Amazon.com from $320.00 to $330.00 and gave the company an "outperform" rating in a report on Friday, July 31st. Morgan Stanley reiterated an "overweight" rating and issued a $335.00 price target (up from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, Tigress Financial reiterated a "buy" rating and issued a $385.00 price objective (up from $315.00) on shares of Amazon.com in a research note on Tuesday, October 6th. Fifty-six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $322.53.
Get Our Latest Stock Report on AMZN
More Amazon.com News
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Amazon is reportedly in advanced discussions to acquire AI startup Decart for approximately $7 billion. Decart’s software helps developers switch workloads among different AI chips, potentially strengthening AWS, Amazon’s custom-chip strategy and its broader AI infrastructure offering. The deal remains unfinalized, but investors view it as a way to acquire specialized technology and talent. Amazon weighs Decart deal
- Positive Sentiment: A bullish fundamental case remains intact: AWS growth is reportedly above 35%, AI-related demand is supporting a cloud backlog approaching $500 billion, and operating cash flow has risen 33% to $161.4 billion. Analysts at Erste Group also raised their fiscal 2027 EPS forecast to $10.71 from $10.54. Amazon free cash flow outlook
- Neutral Sentiment: Investors are awaiting Q3 results later this month for evidence that AWS demand, advertising and revenue growth can offset the near-term impact of AI infrastructure spending. Analysts generally remain positive, although Cantor Fitzgerald recently reduced its price target to $310 from $320 while retaining an Overweight rating. Amazon Q3 earnings preview
- Negative Sentiment: Amazon’s planned capital spending could exceed $220 billion this year. Depreciation, energy costs and rapidly aging AI hardware are pressuring free cash flow, raising concerns that AWS growth and its large backlog may take time to produce adequate returns. The potential Decart purchase also adds to concerns about valuation and capital discipline.
- Negative Sentiment: The UK government is expected to target online marketplaces, including Amazon, in a tax crackdown. New fees or compliance requirements could increase costs for Amazon and third-party sellers. UK online marketplace tax crackdown
- Negative Sentiment: Apple’s new HomeView smart display, cameras, doorbell and smart lock expand competition with Amazon’s Echo and Ring businesses, potentially increasing pressure on Amazon’s consumer-device margins and market share. Apple challenges Amazon in smart home
Insider Buying and Selling
In other news, CEO Douglas Herrington sold 6,362 shares of the business's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $1,647,821.62. Following the completion of the transaction, the chief executive officer directly owned 476,681 shares of the company's stock, valued at $123,465,145.81. The trade was a 1.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 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 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 owned 2,235,766 shares in the company, valued at $579,085,751.66. This represents a 0.89% decrease in their ownership of the stock. 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. Over the last 90 days, insiders sold 71,589 shares of company stock valued at $18,580,515. Company insiders own 8.90% of the company's stock.
Amazon.com Profile
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN - Free Report).

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