Canvas Wealth Advisors LLC Purchases 9,214 Shares of Amazon.com, Inc. $AMZN

Canvas Wealth Advisors LLC raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 120,898 shares of the e-commerce giant's stock after purchasing an additional 9,214 shares during the quarter. Amazon.com accounts for 4.0% of Canvas Wealth Advisors LLC's investment portfolio, making the stock its 6th biggest holding. Canvas Wealth Advisors LLC's holdings in Amazon.com were worth $28,815,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Trust Asset Management LLC increased its position in Amazon.com by 3.3% in the 2nd quarter. Trust Asset Management LLC now owns 107,563 shares of the e-commerce giant's stock worth $26,000 after purchasing an additional 3,414 shares during the last quarter. MilWealth Group LLC lifted its holdings in Amazon.com by 79.0% in the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant's stock worth $41,000 after purchasing an additional 79 shares during the last quarter. Lifetime Wealth Management P.C. bought a new stake in Amazon.com during the fourth quarter worth approximately $45,000. Elkhorn Partners Limited Partnership raised its position in shares of Amazon.com by 900.0% in the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant's stock valued at $46,000 after purchasing an additional 180 shares during the period. Finally, Fairway Wealth LLC raised its position in shares of Amazon.com by 95.6% in the fourth quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant's stock valued at $51,000 after purchasing an additional 108 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 3,741 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $262.76, for a total transaction of $982,985.16. Following the completion of the sale, the chief executive officer owned 467,138 shares in the company, valued at $122,745,180.88. This trade represents a 0.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 6,741 shares of company stock valued at $1,767,335. 8.90% of the stock is currently owned by corporate insiders.

Amazon.com Price Performance

Amazon.com stock opened at $262.07 on Tuesday. The business has a 50 day simple moving average of $250.18 and a 200 day simple moving average of $239.48. 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 $2.83 trillion, a PE ratio of 21.08, a price-to-earnings-growth ratio of 1.72 and a beta of 1.45. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $287.20.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data 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 firm 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%.The business's revenue for the quarter was up 19.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.68 earnings per share. On average, sell-side analysts forecast that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Trending Headlines about Amazon.com

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

• Positive Sentiment: AWS and AI remain the main catalyst. AWS growth of roughly 37% in the latest quarter, along with AI-related demand from customers including Anthropic and OpenAI, is driving optimism that cloud revenue could reach $222 billion in 2027—well above consensus. Citizens reiterated a Market Outperform rating with a $315 price target, while other analysts’ targets remain substantially above the current valuation. Amazon Stock is Trending Higher: What's Going On Today?
• Positive Sentiment: Amazon is expanding future logistics businesses. Prime Air plans to reach nearly 500 U.S. cities and towns by year-end, though regulatory approval for beyond-visual-line-of-sight operations is still needed. Separately, Zoox has begun offering autonomous rides in San Francisco, increasing Amazon’s exposure to the robotaxi market. Amazon’s Drone Bet Is Getting Serious
• Positive Sentiment: Valuation and investor support are helping sentiment. Several reports characterize AMZN as relatively inexpensive compared with its growth prospects, while Stanley Druckenmiller and David Tepper increased or held significant positions in the company during the second quarter. David Tepper’s Amazon Position
• Neutral Sentiment: Automation could improve long-term margins. Project Tetromino reportedly aims to create highly automated delivery stations, with more than $530 million of planned investment by 2029. The project could reduce fulfillment costs, but it also adds execution and spending risk. Amazon’s Tetromino Project
• Negative Sentiment: Higher costs are a key risk. Amazon raised prices on Echo, Fire TV, Kindle and eero devices by as much as 60%, citing a memory shortage. The move may protect hardware margins but could reduce demand and hurt competitiveness. Amazon Hikes Hardware Prices
• Negative Sentiment: AI investment is pressuring cash flow. Amazon’s aggressive infrastructure spending—including a reported $220 billion 2026 capital-expenditure target—has contributed to negative free cash flow despite stronger operating cash flow. Shares also remain exposed to technology-sector volatility, a Twitch-related AI lawsuit and sustained insider selling.

Wall Street Analysts Forecast Growth

AMZN has been the topic of a number of research analyst reports. DZ Bank raised their target price on shares of Amazon.com from $295.00 to $320.00 and gave the company a "buy" rating in a research note on Monday, May 4th. Arete Research lifted their price objective on Amazon.com from $301.00 to $310.00 and gave the stock a "buy" rating in a research note on Monday, May 18th. Roth Capital reiterated a "buy" rating and issued a $325.00 price objective on shares of Amazon.com in a research note on Monday, August 3rd. Phillip Securities cut Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research report on Monday, August 3rd. Finally, Truist Financial raised their target price on Amazon.com from $320.00 to $350.00 and gave the company a "buy" rating in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, Amazon.com presently has a consensus rating of "Moderate Buy" and an average target price of $322.39.

Amazon.com Profile

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

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