Amazon.com, Inc. $AMZN Stock Sold by Focus Financial Network Inc.

Key Points

• Focus Financial Network reduced its Amazon stake by 3% in the third quarter, selling 8,909 shares and retaining 289,543 shares valued at approximately $72.1 million. Institutional investors and hedge funds collectively own 72.2% of Amazon.
• Amazon reported strong quarterly results, with EPS of $5.75 versus $1.82 expected and revenue of $200.61 billion, up 19.6% year over year. The stock recently traded near $262.63, within its $196.00–$287.20 12-month range.
• Analysts remain broadly bullish, with 57 Buy ratings, three Holds, a “Moderate Buy” consensus and an average price target of $322.53. However, Amazon insiders sold 71,589 shares worth $18.6 million over the past three months, including sales by the CEO and CFO under pre-arranged trading plans.

Focus Financial Network Inc. trimmed its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 289,543 shares of the e-commerce giant's stock after selling 8,909 shares during the quarter. Amazon.com makes up 2.2% of Focus Financial Network Inc.'s portfolio, making the stock its 6th biggest position. Focus Financial Network Inc.'s holdings in Amazon.com were worth $72,140,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in AMZN. ASK Capital Investment Managers LLC bought a new stake in Amazon.com during the third quarter valued at $5,318,000. Q Fund Management Hong Kong Ltd lifted its position in shares of Amazon.com by 594.0% in the 3rd quarter. Q Fund Management Hong Kong Ltd now owns 3,470 shares of the e-commerce giant's stock worth $865,000 after buying an additional 2,970 shares during the last quarter. Citrine Capital LLC lifted its position in shares of Amazon.com by 9.8% in the 3rd quarter. Citrine Capital LLC now owns 3,034 shares of the e-commerce giant's stock worth $756,000 after buying an additional 271 shares during the last quarter. Succession Financial Inc. lifted its position in shares of Amazon.com by 8.5% in the 3rd quarter. Succession Financial Inc. now owns 2,270 shares of the e-commerce giant's stock worth $566,000 after buying an additional 177 shares during the last quarter. Finally, Liberty Atlantic Advisors LLC boosted its holdings in shares of Amazon.com by 28.5% in the 3rd quarter. Liberty Atlantic Advisors LLC now owns 2,442 shares of the e-commerce giant's stock valued at $608,000 after buying an additional 541 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In other news, CFO Brian Olsavsky sold 6,172 shares of the firm's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $260.31, for a total transaction of $1,606,633.32. Following the transaction, the chief financial officer directly owned 109,207 shares of the company's stock, valued at approximately $28,427,674.17. This trade represents a 5.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of the company's stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the completion of the sale, the chief executive officer directly owned 17,794 shares of the company's stock, valued at $4,609,713.64. The trade was a 44.97% decrease in their position. 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 three months, insiders sold 71,589 shares of company stock valued at $18,580,515. 8.90% of the stock is owned by corporate insiders.

Amazon.com Stock Performance

AMZN opened at $262.63 on Wednesday. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. The business's 50 day moving average is $256.25 and its 200-day moving average is $252.67. The stock has a market cap of $2.83 trillion, a PE ratio of 21.13, a price-to-earnings-growth ratio of 2.03 and a beta of 1.45. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $287.20.

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, topping analysts' consensus estimates of $1.82 by $3.93. The business had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. During the same period in the prior year, the company posted $1.68 EPS. The business's revenue for the quarter was up 19.6% compared to the same quarter last year. On average, analysts predict that Amazon.com, Inc. will post 8.02 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Robert W. Baird set a $310.00 price objective on shares of Amazon.com and gave the company an "outperform" rating in a research report on Friday, July 31st. Citigroup reissued a "market outperform" rating on shares of Amazon.com in a report on Friday, August 14th. Mizuho set a $330.00 target price on Amazon.com and gave the company an "outperform" rating in a research note on Friday, July 31st. Weiss Ratings restated a "buy (b)" rating on shares of Amazon.com in a research note on Monday, August 3rd. Finally, Tigress Financial reaffirmed a "buy" rating and set a $385.00 target price (up from $315.00) on shares of Amazon.com in a report on Tuesday, October 6th. Fifty-seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of "Moderate Buy" and an average price target of $322.53.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Morgan Stanley named Amazon a top pick and raised its price target to $350 from $335. The firm expects AWS growth to accelerate to 47% in 2027 and cited cloud margins, Bedrock, agentic AI, advertising and robotics as additional catalysts. Amazon shares jump as Morgan Stanley calls AWS runway under-appreciated
• Positive Sentiment: Amazon plans to hire more than 300,000 U.S. seasonal, part-time and full-time workers—20% more than last year—signaling expectations for strong holiday shopping demand. It will also expand healthcare access for eligible seasonal employees beginning in 2027. Amazon Creates Over 300,000 New U.S. Jobs
• Positive Sentiment: AWS released TorchNeuron, which helps developers run existing PyTorch applications on Amazon’s Trainium chips with fewer code changes. The initiative could reduce reliance on Nvidia’s software ecosystem and improve Amazon’s long-term AI infrastructure economics. Amazon releases TorchNeuron
• Positive Sentiment: Amazon committed more than $17 billion to expand Germany operations, including AWS, AI infrastructure, logistics, satellite internet and Prime Video. The investment supports international growth but will require substantial capital. Amazon Germany investment
• Neutral Sentiment: Amazon is funding development of a proposed 960-megawatt Indiana small-modular-reactor project and would purchase its electricity if completed. The project could help address data-center power needs, but remains in the feasibility stage. Amazon Indiana nuclear project
• Negative Sentiment: Investors remain concerned about Amazon’s roughly $220 billion 2026 capital-spending plan, negative free cash flow and reports that some Nvidia AI systems cannot yet be powered because of data-center constraints. Heavy spending must translate into AWS revenue and profit growth.
• Negative Sentiment: Walmart’s new membership bundle increases competition with Amazon Prime, while analysts question whether customers will understand or use the offering. Amazon’s rising advertising and seller-services revenue also raises concerns about pressure on merchants’ profitability.

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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