Amazon.com, Inc. $AMZN Stock: Grant Private Wealth Management Inc Decreases Stake

Key Points

• Grant Private Wealth Management cut its Amazon stake by 16.3% in the third quarter, selling 9,088 shares and retaining 46,784 shares valued at approximately $11.7 million. Amazon remains about 5% of the firm’s portfolio and its fourth-largest position.
• Institutional investors own 72.2% of Amazon, while company insiders have sold 71,589 shares worth $18.6 million over the past three months, including sales by CEO Matthew Garman and SVP David Zapolsky under pre-arranged trading plans.
• Wall Street remains broadly bullish, with 57 Buy ratings, three Holds and an average price target of $325.12. Amazon recently exceeded earnings and revenue expectations, though heavy AI infrastructure spending remains a key risk to margins and cash flow.

Grant Private Wealth Management Inc cut its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 16.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 46,784 shares of the e-commerce giant's stock after selling 9,088 shares during the quarter. Amazon.com makes up about 5.0% of Grant Private Wealth Management Inc's investment portfolio, making the stock its 4th largest position. Grant Private Wealth Management Inc's holdings in Amazon.com were worth $11,656,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Silvant Capital Management LLC purchased a new position in Amazon.com in the 2nd quarter worth $60,065,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Amazon.com during the 2nd quarter worth approximately $909,868,000. Northstar Financial Companies Inc. purchased a new position in Amazon.com in the second quarter valued at $3,376,000. Gryphon Financial Partners LLC raised its holdings in Amazon.com by 7.5% in the 1st quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant's stock worth $15,221,000 after purchasing an additional 5,125 shares during the period. Finally, First Citizens Bank & Trust Co. raised its stake in shares of Amazon.com by 1.7% during the 1st quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant's stock worth $63,285,000 after buying an additional 5,104 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Insider Activity at Amazon.com

In other news, SVP David Zapolsky sold 9,258 shares of the business's stock in a transaction that occurred 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 sale, the senior vice president owned 41,190 shares of the company's stock, valued at $10,699,926.30. The trade was a 18.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 shares were sold at an average price of $259.06, for a total value of $3,766,991.46. Following the completion of the transaction, the chief executive officer owned 17,794 shares of the company's stock, valued at approximately $4,609,713.64. This represents a 44.97% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 71,589 shares of company stock worth $18,580,515 in the last three months. 8.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AMZN. Mizuho set a $330.00 price target on shares of Amazon.com and gave the company an "outperform" rating in a research note on Friday, July 31st. Barclays reissued an "overweight" rating and set a $365.00 target price (up from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. JPMorgan Chase & Co. upped their price objective on shares of Amazon.com from $330.00 to $365.00 and gave the stock an "overweight" rating in a report on Friday, July 31st. Weiss Ratings restated a "buy (b)" rating on shares of Amazon.com in a report on Monday, August 3rd. Finally, Phillip Securities downgraded shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research note on Monday, August 3rd. Fifty-seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Amazon.com currently has an average rating of "Moderate Buy" and an average price target of $325.12.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: AWS growth is the central bullish argument. Analysts expect strong cloud acceleration, supported by AI partnerships, a reported $496 billion backlog and capacity that is largely booked through 2026. UBS also argues that Wall Street may be underestimating AWS’s potential profitability. Will Strong AWS Performance Boost Amazon’s Q3 Earnings Report?
• Positive Sentiment: Amazon’s earnings valuation looks relatively supportive. Commentary highlights a forward P/E near its lowest level in roughly five years, while analysts remain optimistic that rising AWS margins, advertising growth and operating leverage could drive earnings higher. Amazon’s EPS Is Absolutely Exploding
• Positive Sentiment: FCC approval of Amazon Leo’s $11.5 billion Globalstar acquisition advances Amazon’s satellite and direct-to-device connectivity ambitions, potentially expanding its long-term technology platform beyond retail and cloud computing. US agency approves Amazon Leo’s acquisition of Globalstar
• Neutral Sentiment: Options markets imply an unusually large post-earnings move of about 7%. This reflects significant event risk rather than a clear directional signal, with investors weighing bullish AWS expectations against spending and margin concerns. Traders Are Pricing a 7% Swing in Amazon Ahead of Earnings
• Negative Sentiment: Heavy AI infrastructure investment remains the principal risk. Rising capital expenditures could weigh on near-term margins, free cash flow and returns, even if AWS demand is strong. Investors will scrutinize capex guidance and management’s evidence that AI spending is producing profitable growth. The real way to tell if Amazon’s AI spending is paying off
• Negative Sentiment: Amazon is reportedly scrutinizing AI usage costs. Guidance telling engineers not to maximize AI token usage suggests the company is focused on controlling rapidly rising computing expenses. Reports also indicate that Alexa+ could incur approximately $1.7 billion in cloud costs in 2026. Amazon warns against tokenmaxxing

Amazon.com Stock Performance

NASDAQ AMZN opened at $254.60 on Thursday. 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 company has a market capitalization of $2.75 trillion, a PE ratio of 20.48, a P/E/G ratio of 2.04 and a beta of 1.45. The company has a fifty day moving average of $255.11 and a two-hundred day moving average of $243.14. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating the consensus estimate of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The firm had revenue of $200.61 billion during the quarter, compared to the consensus estimate of $197.03 billion. During the same quarter in the prior year, the firm earned $1.68 EPS. Amazon.com's revenue for the quarter was up 19.6% on a year-over-year basis. As a group, analysts expect that Amazon.com, Inc. will post 7.55 earnings per share for the current year.

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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