Amazon.com, Inc. $AMZN Stock: Tempus Wealth Planning LLC Grows Holdings

Key Points

• Tempus Wealth Planning increased its Amazon holdings by 20.3% in the third quarter to 23,649 shares valued at approximately $5.9 million. Institutional investors collectively own 72.2% of Amazon’s stock.
• Amazon reported quarterly EPS of $5.75, substantially above the $1.82 consensus estimate, while revenue rose 19.6% year over year to $200.61 billion.
• Wall Street remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $322.53, although Amazon insiders sold $18.6 million of stock over the past quarter.

Tempus Wealth Planning LLC increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 20.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,649 shares of the e-commerce giant's stock after acquiring an additional 3,987 shares during the quarter. Amazon.com comprises about 1.1% of Tempus Wealth Planning LLC's investment portfolio, making the stock its 17th largest holding. Tempus Wealth Planning LLC's holdings in Amazon.com were worth $5,892,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. State Street Corp increased its holdings in shares of Amazon.com by 5.5% during the second quarter. State Street Corp now owns 411,848,346 shares of the e-commerce giant's stock worth $95,504,904,000 after purchasing an additional 21,398,025 shares during the period. Bank of America Corp DE acquired a new stake in shares of Amazon.com in the second quarter valued at approximately $22,218,775,000. Bank of New York Mellon Corp acquired a new stake in shares of Amazon.com in the second quarter valued at approximately $16,341,405,000. Amundi raised its position in shares of Amazon.com by 3.9% in the second quarter. Amundi now owns 63,822,242 shares of the e-commerce giant's stock valued at $15,211,393,000 after buying an additional 2,421,739 shares in the last quarter. Finally, Legal & General Group Plc bought a new stake in shares of Amazon.com in the second quarter valued at approximately $12,831,376,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $262.37 on Thursday. The company has a 50 day moving average of $256.15 and a 200-day moving average of $253.04. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $287.20. 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 company has a market cap of $2.83 trillion, a PE ratio of 21.11, a price-to-earnings-growth ratio of 2.03 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $3.93. The business 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%. The firm's revenue for the quarter was up 19.6% on a year-over-year basis. During the same quarter last year, the business posted $1.68 EPS. As a group, equities research analysts forecast that Amazon.com, Inc. will post 8.02 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CFO Brian Olsavsky sold 6,172 shares of the company'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 completion of the sale, the chief financial officer directly owned 109,207 shares in the company, valued at $28,427,674.17. This represents a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas Herrington sold 6,362 shares of the firm's stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $1,647,821.62. Following the completion of the sale, the chief executive officer directly owned 476,681 shares in the company, valued at approximately $123,465,145.81. This represents a 1.32% 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. Over the last quarter, insiders sold 71,589 shares of company stock valued at $18,580,515. 8.90% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

AMZN has been the subject of several recent research reports. Zacks Research downgraded Amazon.com from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 14th. TD Cowen restated a "buy" rating and set a $350.00 price objective on shares of Amazon.com in a research note on Monday, October 5th. BMO Capital Markets reaffirmed an "outperform" rating on shares of Amazon.com in a report on Tuesday. UBS Group set a $200.00 price objective on Amazon.com in a report on Thursday, September 17th. Finally, Wolfe Research reiterated an "outperform" rating and set a $315.00 target price on shares of Amazon.com in a research report on Friday, July 31st. Fifty-seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $322.53.

Amazon.com News Summary

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

• Positive Sentiment: AWS and custom AI chips remain the main bullish catalysts. Amazon opened its Trainium chips to PyTorch developers, potentially making its lower-cost custom silicon more attractive and reducing reliance on Nvidia. AWS reportedly posted its fastest growth in 18 quarters, although investors are watching whether growth can justify the planned infrastructure spending. Amazon custom AI silicon article
• Positive Sentiment: Analyst support and institutional buying provide a positive backdrop. Morgan Stanley named Amazon a top pick and raised its price target, citing an underappreciated AWS runway. Egerton Capital also reportedly added 1.14 million shares, while ETFs bought AMZN during the latest reported period. Morgan Stanley Amazon target article
• Positive Sentiment: Retail and logistics trends remain encouraging. Amazon is gaining fresh-grocery market share, and Jefferies says warehouse automation and third-party delivery could improve long-term retail margins by reducing labor and wage-inflation exposure. Record holiday hiring also signals expectations for strong seasonal demand. Amazon logistics automation article
• Neutral Sentiment: Amazon’s Germany expansion and data-center decisions have uncertain near-term financial effects. The company plans to invest more than €16 billion in Germany across AWS, AI, logistics and other operations, while abandoning a $427 million data-center project on George Washington University land and donating the property instead. These moves support long-term capacity but add execution and investment questions. Amazon Germany investment article
• Negative Sentiment: Heavy AI spending and power shortages are weighing on the investment case. Reports say billions of dollars of Nvidia systems are being stored because some Amazon data-center sites lack sufficient power. Combined with roughly $200 billion of planned capital spending and negative free cash flow, the issue raises concerns that AWS growth may not produce attractive returns quickly enough. Amazon Nvidia hardware and power shortages article
• Negative Sentiment: Competitive and regulatory risks are increasing. Walmart is embracing AI-agent commerce after Amazon began blocking outside agents from purchasing on its platform. A proposed Senate bill could also eliminate subsidies and impose tax penalties on large AI-focused data centers, potentially increasing Amazon’s infrastructure costs. Walmart and Amazon AI agents article

Amazon.com Company 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.

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.