Amazon.com, Inc. $AMZN Stock: Sage Capital Advisors llc Raises Stake

Key Points

• Sage Capital Advisors increased its Amazon stake by 143.6% in the third quarter, holding 179,482 shares valued at approximately $44.7 million. Institutional investors collectively own 72.2% of AMZN.
• Amazon reported quarterly revenue of $200.61 billion and EPS of $5.75, significantly exceeding analyst estimates. Analysts maintain a “Moderate Buy” consensus, with an average price target of $322.53 versus the stock’s reported $250 price.
• Key upcoming catalysts include Amazon’s October 29 earnings report and continued AWS and AI growth, while substantial AI spending, rising capital expenditures, insider stock sales, and broader technology-sector pressure remain notable risks.

Sage Capital Advisors llc boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 143.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 179,482 shares of the e-commerce giant's stock after buying an additional 105,792 shares during the quarter. Amazon.com accounts for approximately 6.7% of Sage Capital Advisors llc's investment portfolio, making the stock its 4th largest position. Sage Capital Advisors llc's holdings in Amazon.com were worth $44,718,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of AMZN. Ring Mountain Capital LLC boosted its position in Amazon.com by 3.0% in the 3rd quarter. Ring Mountain Capital LLC now owns 37,807 shares of the e-commerce giant's stock valued at $9,420,000 after buying an additional 1,088 shares during the period. Steel Grove Capital Advisors LLC grew its stake in Amazon.com by 3.8% in the 3rd quarter. Steel Grove Capital Advisors LLC now owns 25,775 shares of the e-commerce giant's stock worth $6,422,000 after acquiring an additional 938 shares in the last quarter. PCA Investment Advisory Services Inc. increased its position in shares of Amazon.com by 0.6% during the third quarter. PCA Investment Advisory Services Inc. now owns 17,047 shares of the e-commerce giant's stock worth $4,247,000 after acquiring an additional 102 shares during the period. Jericho Financial LLP increased its position in shares of Amazon.com by 1.3% during the third quarter. Jericho Financial LLP now owns 36,450 shares of the e-commerce giant's stock worth $9,082,000 after acquiring an additional 450 shares during the period. Finally, Heffernan Advisory Inc. purchased a new position in shares of Amazon.com during the third quarter worth approximately $343,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Amazon.com

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

• Positive Sentiment: AWS remains the central growth and profit driver. Amazon’s cloud business grew at its fastest pace in 18 quarters during the second quarter, and investors will focus closely on whether that momentum continued. Strong AWS growth could support a higher valuation. Amazon earnings outlook
• Positive Sentiment: Analysts continue to view Amazon as a major beneficiary of AI adoption through AWS, custom chips and related products. The company’s AI initiatives could improve future cash flow, while strong holiday e-commerce demand and a growing advertising business provide additional support. Amazon AI cash flow outlook
• Positive Sentiment: Amazon’s acquisition of Bee is expanding its consumer AI strategy. New Bee Frontier and Bee Eclipse devices, along with a paid software tier, give the company new opportunities in hardware, subscriptions and AI-assisted shopping. Amazon Bee AI devices
• Neutral Sentiment: Amazon has scheduled its third-quarter results and conference call for Oct. 29. The report is likely to be the next major catalyst, particularly for AWS growth, capital expenditures, operating margins and management’s AI investment outlook. Amazon earnings announcement
• Negative Sentiment: Broad technology stocks are under pressure as inflation concerns increase expectations for higher interest rates, prompting investors to favor value and dividend-paying sectors. That market-wide rotation is weighing on mega-cap technology names, including AMZN. Technology sector decline
• Negative Sentiment: Investors remain concerned that Amazon’s roughly $220 billion AI commitment and rising capital expenditures may pressure near-term free cash flow. Capacity constraints and potentially falling AI-compute pricing add to doubts about the return on that spending.
• Negative Sentiment: Elon Musk’s proposal for an “X Shop” or “Grokazon” introduces a potential long-term competitive risk after Amazon blocked some AI shopping agents. The issue could encourage rivals to challenge Amazon’s position in agent-driven commerce. Potential Amazon rival

Insider Activity at Amazon.com

In other news, CEO Andrew R. Jassy sold 20,000 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 $5,180,200.00. Following the completion of the transaction, the chief executive officer directly owned 2,235,766 shares of the company's stock, valued at approximately $579,085,751.66. The trade was a 0.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Garman sold 14,541 shares of the business's stock in a transaction on Friday, August 21st. The stock was 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 directly owned 17,794 shares of the company's stock, valued at approximately $4,609,713.64. The trade was a 44.97% 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 71,589 shares of company stock valued at $18,580,515 over the last 90 days. Insiders own 8.90% of the company's stock.

Amazon.com Price Performance

Shares of AMZN opened at $250.00 on Monday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. The company has a 50 day moving average price of $256.75 and a 200-day moving average price of $251.92. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. The stock has a market capitalization of $2.70 trillion, a PE ratio of 20.11, a PEG ratio of 1.93 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $3.93. The company had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. Amazon.com's revenue was up 19.6% compared to the same quarter last year. During the same period last year, the company posted $1.68 earnings per share. Equities analysts predict that Amazon.com, Inc. will post 8.02 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AMZN. Tigress Financial reaffirmed a "buy" rating and set a $385.00 price target (up from $315.00) on shares of Amazon.com in a research note on Tuesday, October 6th. Phillip Securities cut Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research note on Monday, August 3rd. TD Cowen reissued a "buy" rating and issued a $350.00 price objective on shares of Amazon.com in a research note on Monday, October 5th. Susquehanna restated a "positive" rating on shares of Amazon.com in a report on Tuesday, October 6th. Finally, KeyCorp reaffirmed an "overweight" rating on shares of Amazon.com in a research report on Thursday. Fifty-six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Amazon.com presently has a consensus rating of "Moderate Buy" and an average target price of $322.53.

About Amazon.com

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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