Compass Ion Advisors LLC Purchases 4,795 Shares of Amazon.com, Inc. $AMZN

Key Points

• Compass Ion Advisors increased its Amazon stake by 20.3% in the third quarter, buying 4,795 shares to hold 28,452 shares valued at approximately $7.09 million.
• Amazon’s latest quarterly results slightly missed expectations: EPS was $1.89 versus $1.97 forecast, and revenue was $201.94 billion versus $202.22 billion expected, though revenue grew 12.1% year over year.
• Company insiders sold 71,589 shares worth about $18.55 million in the last quarter; the reported sales were made under pre-arranged trading plans.

Compass Ion Advisors LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 20.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,452 shares of the e-commerce giant's stock after acquiring an additional 4,795 shares during the quarter. Amazon.com comprises about 0.6% of Compass Ion Advisors LLC's investment portfolio, making the stock its 25th biggest position. Compass Ion Advisors LLC's holdings in Amazon.com were worth $7,089,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of AMZN. Silvant Capital Management LLC acquired a new position in shares of Amazon.com in the second quarter valued at $60,065,000. Public Employees Retirement System of Ohio bought a new position in Amazon.com in the second quarter worth $909,868,000. Northstar Financial Companies Inc. acquired a new stake in Amazon.com during the second quarter worth $3,376,000. Gryphon Financial Partners LLC boosted its stake in Amazon.com by 7.5% during the first quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant's stock worth $15,221,000 after buying an additional 5,125 shares in the last quarter. Finally, First Citizens Bank & Trust Co. boosted its stake in Amazon.com by 1.7% during the first quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant's stock worth $63,285,000 after buying an additional 5,104 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Insiders Place Their Bets

In related news, SVP David Zapolsky sold 9,258 shares of Amazon.com stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the completion of the transaction, the senior vice president directly owned 41,190 shares of the company's stock, valued at $10,699,926.30. This trade represents a 18.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 dated Friday, August 21st. The shares were sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the completion of the transaction, the chief executive officer owned 17,794 shares in the company, valued at approximately $4,609,713.64. This trade represents 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 worth $18,545,595 in the last quarter. 8.90% of the stock is owned by corporate insiders.

Amazon.com News Summary

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

• Positive Sentiment: JPMorgan added Amazon to its focus list and highlighted AWS growth, including the potential for growth above 40% in 2027 and 2028. AWS’s reported 39% growth and $578 billion backlog reinforce the case for sustained demand. Article: Amazon Stocks Rise as JPMorgan Adds It to Focus List on AWS
• Positive Sentiment: Investors appeared to favor established cloud and data-center operators amid debate about AI infrastructure spending, supporting Amazon’s position as a major hyperscaler. Article: What's Going On With Amazon Stock Monday?
• Positive Sentiment: Amazon Haul’s pre-holiday promotion comes as reported customer adoption has surged, potentially bolstering its value-focused retail offering ahead of the holiday season. Article: Amazon Haul Launches Pre-Holiday Deals As Users Jump 350%
• Neutral Sentiment: Reports that Amazon is hiring for a new home-robot product point to a possible future growth initiative, though the product and its commercial potential remain uncertain. Article: Amazon's Astro home robot has fans but looks destined for the 'trash heap.' Why it's trying again
• Negative Sentiment: Risks include heavy AI-related capital spending and intensifying cloud competition. Amazon’s latest quarter also came in slightly below consensus for both EPS and revenue, tempering the positive growth outlook.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN opened at $266.93 on Tuesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.99 and a quick ratio of 0.82. The business's fifty day moving average price is $253.97 and its two-hundred day moving average price is $243.74. 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 $2.89 trillion, a price-to-earnings ratio of 21.58, a price-to-earnings-growth ratio of 2.02 and a beta of 1.49.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, October 29th. The e-commerce giant reported $1.89 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.97 by ($0.08). The company had revenue of $201.94 billion for the quarter, compared to the consensus estimate of $202.22 billion. Amazon.com had a net margin of 16.90% and a return on equity of 15.72%. The firm's revenue was up 12.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.95 earnings per share. As a group, analysts predict that Amazon.com, Inc. will post 7.80 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Phillip Securities raised shares of Amazon.com from a "moderate buy" rating to a "strong-buy" rating in a report on Monday, November 2nd. DA Davidson set a $250.00 price objective on shares of Amazon.com and gave the stock a "neutral" rating in a report on Friday, October 30th. Cantor Fitzgerald decreased their target price on shares of Amazon.com from $310.00 to $280.00 and set an "overweight" rating on the stock in a research report on Friday, October 30th. The Goldman Sachs Group reissued a "conviction-buy" rating and issued a $370.00 target price on shares of Amazon.com in a research note on Friday, October 30th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $325.00 target price (up from $315.00) on shares of Amazon.com in a research note on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-five have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $321.74.

Amazon.com Profile

Amazon.com, Inc is a technology and e-commerce company founded by Jeff Bezos in 1994 as an online bookstore. It has since grown into a global business serving consumers, sellers, developers, enterprises and content creators.

Amazon operates online stores and marketplaces, where it sells products directly and enables third-party sellers to reach customers. Its other businesses include Amazon Web Services, which provides cloud computing and related services; digital advertising; Prime memberships; and entertainment offerings such as streaming video and music.

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