Amazon.com, Inc. $AMZN Stock: LifeWealth Investments LLC Trims Stake

Key Points

• LifeWealth Investments cut its Amazon stake 17.3% in the third quarter, selling 3,548 shares and retaining 17,012 shares valued at about $4.24 million.
• Analysts remain broadly positive: Amazon has a “Moderate Buy” consensus and an average price target of $321.02; institutional investors own 72.2% of its shares.
• Amazon’s latest quarter showed 12.1% year-over-year revenue growth, but revenue and earnings per share both came in slightly below analyst expectations.

LifeWealth Investments LLC lowered its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 17.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,012 shares of the e-commerce giant's stock after selling 3,548 shares during the period. Amazon.com makes up about 1.2% of LifeWealth Investments LLC's portfolio, making the stock its 20th largest holding. LifeWealth Investments LLC's holdings in Amazon.com were worth $4,239,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Sowell Financial Services LLC lifted its holdings in shares of Amazon.com by 1.4% during the 3rd quarter. Sowell Financial Services LLC now owns 226,048 shares of the e-commerce giant's stock worth $56,320,000 after acquiring an additional 3,226 shares during the period. City State Bank increased its stake in Amazon.com by 0.4% in the third quarter. City State Bank now owns 20,681 shares of the e-commerce giant's stock valued at $5,153,000 after acquiring an additional 90 shares during the last quarter. Atticus Wealth Management LLC increased its stake in Amazon.com by 13.4% in the third quarter. Atticus Wealth Management LLC now owns 15,269 shares of the e-commerce giant's stock valued at $3,804,000 after acquiring an additional 1,803 shares during the last quarter. QP Wealth Management LLC raised its position in Amazon.com by 0.9% during the third quarter. QP Wealth Management LLC now owns 7,601 shares of the e-commerce giant's stock valued at $1,894,000 after purchasing an additional 68 shares in the last quarter. Finally, Bell Bank raised its position in Amazon.com by 6.8% during the third quarter. Bell Bank now owns 71,599 shares of the e-commerce giant's stock valued at $17,839,000 after purchasing an additional 4,582 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Wells Fargo & Company cut their target price on Amazon.com from $329.00 to $326.00 and set an "overweight" rating for the company in a research note on Friday, October 30th. BMO Capital Markets restated an "outperform" rating on shares of Amazon.com in a research note on Tuesday, October 20th. Roth Capital reaffirmed a "buy" rating and set a $325.00 price target on shares of Amazon.com in a report on Monday, August 3rd. Yorkville Ives initiated coverage on shares of Amazon.com in a research report on Monday, October 19th. They set an "outperform" rating and a $300.00 price objective for the company. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Amazon.com in a report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Amazon.com currently has a consensus rating of "Moderate Buy" and an average price target of $321.02.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 20,000 shares of the stock in a transaction that occurred on 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 directly owned 2,235,766 shares in the company, valued at approximately $579,085,751.66. This represents a 0.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian T. Olsavsky sold 6,172 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $260.31, for a total value of $1,606,633.32. Following the transaction, 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. Insiders have sold 70,589 shares of company stock valued at $18,302,125 over the last three months. 8.90% of the stock is currently owned by corporate insiders.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Amazon said commitments for its custom chips have increased more than 20-fold and plans to make Trainium available beyond AWS in late 2027, strengthening its opportunity to monetize AI infrastructure. Article: Amazon Stocks Edge Higher as Custom-Chip Commitments Increase More Than 20-Fold
• Positive Sentiment: Analyst support added momentum: Freedom Broker raised its price target to $330 and maintained a Buy rating, while Phillip Securities upgraded Amazon to Strong Buy. AWS growth is a key part of the bullish case. Freedom Broker rating
• Positive Sentiment: Early Black Friday promotions may support retail sales and customer engagement as Amazon enters the holiday shopping season. Article: Amazon Stock Rises on Early Black Friday Deals and Discounts
• Neutral Sentiment: Amazon’s updated software-engineering guidelines emphasize customer results rather than how much engineers use AI. The shift signals adaptation to AI-assisted development but has no clear immediate financial impact. Article: Amazon rewrites its software engineering playbook
• Negative Sentiment: Investors remain concerned that the AI buildout is weighing on cash generation: reports cited a $34.8 billion free-cash-flow outflow and plans for substantial infrastructure investment. Strong cloud growth may help justify the spending, but returns and funding remain risks. Article: Amazon Lines Up $80 Billion of Supplier Financing
• Negative Sentiment: A separate report highlighted concerns about slowing e-commerce growth and worsening cash burn despite accelerating cloud revenue, tempering the bullish AI narrative. Article: Amazon's Earnings Just Hit a Record. So Why Is the Stock Down 11% From Its Peak?

Amazon.com Stock Performance

NASDAQ:AMZN opened at $250.69 on Wednesday. The company has a market capitalization of $2.71 trillion, a PE ratio of 20.27, a P/E/G ratio of 1.86 and a beta of 1.49. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.82 and a current ratio of 0.99. The company has a 50 day simple moving average of $253.79 and a two-hundred day simple moving average of $243.18.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The e-commerce giant reported $1.89 EPS for the quarter, missing analysts' consensus estimates of $1.97 by ($0.08). Amazon.com had a net margin of 16.90% and a return on equity of 15.72%. The firm had revenue of $201.94 billion during the quarter, compared to the consensus estimate of $202.22 billion. During the same period in the prior year, the company posted $1.95 earnings per share. The company's revenue for the quarter was up 12.1% compared to the same quarter last year. Research analysts anticipate that Amazon.com, Inc. will post 7.84 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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