Amazon.com, Inc. $AMZN Stock: Cooper Financial Group Boosts Stake

Key Points

• Cooper Financial Group increased its Amazon stake by 10.3% in the third quarter, bringing its holdings to 125,710 shares valued at approximately $31.3 million. Institutional investors collectively own 72.2% of Amazon.
• Amazon reported quarterly revenue of $200.61 billion, up 19.6% year over year, and EPS of $5.75, substantially exceeding analysts’ estimates. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $322.53.
• Investors are weighing strong AWS and AI-related growth against significant risks, including projected capital spending above $220 billion, pressure on free cash flow, potential UK marketplace taxes, and increasing smart-home competition from Apple.

Cooper Financial Group raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 10.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 125,710 shares of the e-commerce giant's stock after buying an additional 11,705 shares during the quarter. Amazon.com comprises approximately 2.5% of Cooper Financial Group's portfolio, making the stock its 8th biggest position. Cooper Financial Group's holdings in Amazon.com were worth $31,321,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Auto Owners Insurance Co boosted its stake in Amazon.com by 27,376.7% during the fourth quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant's stock worth $2,272,397,000 after acquiring an additional 98,090,585 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of Amazon.com in the 2nd quarter worth $22,218,775,000. Bank of New York Mellon Corp bought a new stake in Amazon.com in the 2nd quarter worth about $16,341,405,000. Legal & General Group Plc purchased a new position in shares of Amazon.com during the second quarter valued at approximately $12,831,376,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Amazon.com during the second quarter valued at $6,631,466,000. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Down 0.4%

AMZN stock opened at $258.58 on Wednesday. The firm's fifty day simple moving average is $257.96 and its 200-day simple moving average is $250.86. The company has a market capitalization of $2.79 trillion, a P/E ratio of 20.80, a price-to-earnings-growth ratio of 2.01 and a beta of 1.45. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. 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 quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $197.03 billion. During the same period in the previous year, the company posted $1.68 earnings per share. Amazon.com's revenue for the quarter was up 19.6% on a year-over-year basis. As a group, equities research analysts forecast that Amazon.com, Inc. will post 8.03 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several recent research reports. Bank of America raised their price objective on Amazon.com from $310.00 to $320.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. Wolfe Research reissued an "outperform" rating and set a $315.00 price objective on shares of Amazon.com in a report on Friday, July 31st. UBS Group set a $200.00 target price on shares of Amazon.com in a report on Thursday, September 17th. Tigress Financial reiterated a "buy" rating and issued a $385.00 target price (up from $315.00) on shares of Amazon.com in a report on Tuesday, October 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $325.00 target price (up from $315.00) on shares of Amazon.com in a research note on Friday, July 31st. Fifty-six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $322.53.

Insider Transactions at Amazon.com

In related news, CEO Andrew R. Jassy sold 20,000 shares of the stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the transaction, the chief executive officer owned 2,235,766 shares of the company's stock, valued at approximately $579,085,751.66. This represents a 0.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 1,000 shares of the stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $251.50, for a total value of $251,500.00. Following the completion of the sale, the chief executive officer owned 474,681 shares in the company, valued at approximately $119,382,271.50. The trade was a 0.21% 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. In the last 90 days, insiders have sold 71,589 shares of company stock valued at $18,580,515. 8.90% of the stock is currently owned by company insiders.

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

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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