Frank Rimerman Advisors LLC Acquires 9,616 Shares of Amazon.com, Inc. $AMZN

Key Points

• Frank Rimerman Advisors raised its Amazon stake by 7.5%, buying 9,616 shares to hold 138,533 shares worth about $31.98 million, making AMZN ~2.0% of the firm's portfolio and its 11th-largest holding.
• AWS and chip momentum and a reported ~$25 billion data‑center buildout have boosted optimism, with management citing >$15B AI revenue run‑rate and a >$20B chip run‑rate (with $50B potential).
• Recent signals: Amazon slightly missed EPS ($1.95 vs. $1.97) but beat revenue (up 13.6% YoY); insiders have been net sellers recently while most analysts still rate AMZN a Buy with a consensus target near $287.

Frank Rimerman Advisors LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 7.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 138,533 shares of the e-commerce giant's stock after buying an additional 9,616 shares during the period. Amazon.com comprises approximately 2.0% of Frank Rimerman Advisors LLC's investment portfolio, making the stock its 11th biggest holding. Frank Rimerman Advisors LLC's holdings in Amazon.com were worth $31,976,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMZN. American Capital Advisory LLC lifted its position in shares of Amazon.com by 63.9% during the 3rd quarter. American Capital Advisory LLC now owns 8,081 shares of the e-commerce giant's stock worth $1,774,000 after buying an additional 3,152 shares during the last quarter. Compagnie Lombard Odier SCmA acquired a new position in Amazon.com during the third quarter worth about $451,642,000. Baltimore Washington Financial Advisors Inc. raised its stake in Amazon.com by 1.9% during the third quarter. Baltimore Washington Financial Advisors Inc. now owns 239,862 shares of the e-commerce giant's stock worth $52,667,000 after acquiring an additional 4,558 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of Amazon.com by 3.9% in the third quarter. Wealthfront Advisers LLC now owns 1,145,151 shares of the e-commerce giant's stock worth $251,441,000 after acquiring an additional 42,707 shares during the last quarter. Finally, Pettee Investors Inc. lifted its holdings in shares of Amazon.com by 16.9% in the third quarter. Pettee Investors Inc. now owns 19,623 shares of the e-commerce giant's stock worth $4,309,000 after acquiring an additional 2,838 shares during the last quarter. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Up 2.0%

Shares of AMZN opened at $238.38 on Friday. The company has a market capitalization of $2.56 trillion, a PE ratio of 33.25, a PEG ratio of 1.75 and a beta of 1.38. Amazon.com, Inc. has a 12 month low of $165.29 and a 12 month high of $258.60. The stock's 50-day moving average price is $211.96 and its two-hundred day moving average price is $224.13. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.02). The company had revenue of $213.39 billion for the quarter, compared to analyst estimates of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The firm's quarterly revenue was up 13.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.86 earnings per share. On average, analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Key Amazon.com News

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

• Positive Sentiment: CEO Andy Jassy disclosed AWS AI revenue and a booming custom‑chip business (>$15B AI revenue run‑rate; >$20B chip run‑rate with $50B potential), which validates large AI investments and re‑positions Amazon as a cloud/AI growth leader. Amazon says annual revenue run rate for chips business now over $20 billion
• Positive Sentiment: Amazon announced a major data‑center buildout (reported ~$25B) to support AWS and AI demand — a longer‑term revenue and scale catalyst for cloud and chip adoption. Amazon Stock (AMZN) Pops on $25B Data Center Buildout in Mississippi
• Positive Sentiment: Analysts turned more constructive after the letter; Jefferies and other firms reiterated/raised ratings and price targets, supporting upside momentum. Amazon CEO Andy Jassy's shareholder letter boosts analyst confidence in AI trajectory
• Neutral Sentiment: Macro tailwinds (ceasefire headlines and a broader risk‑on move) have buoyed large-cap tech, helping AMZN rally alongside other AI beneficiaries. Dow Jones Futures: Iran Talks, Earnings In Focus; Google, Amazon, Nvidia In Buy Areas
• Neutral Sentiment: Retail/healthcare execution news — Amazon Pharmacy will offer Eli Lilly’s new GLP‑1 pill via same‑day delivery and kiosks, expanding high‑margin pharmacy volume but with modest near‑term margin impact. Amazon to stock Lilly's new weight-loss pill at US kiosks, offer same-day delivery
• Negative Sentiment: Amazon is adding a temporary fuel surcharge on some fulfillment orders — a signal of rising logistics costs that could pressure retail margins or customer behavior. As Fuel Costs Skyrocket, Amazon Is Adding in New Fuel Surcharges. What Does That Mean for AMZN Stock?
• Negative Sentiment: Heavy, ongoing capital spending has dented free cash flow (reported fall from ~$38B to ~$11B as capex surged), which keeps scrutiny on near‑term returns despite long‑term opportunity. Amazon CEO Andy Jassy defends AI investment plan in annual letter to shareholders
• Negative Sentiment: Insider activity and other data show sustained insider selling and active analyst attention — a mixed signal that some insiders are harvesting gains even as the street raises targets. QQQ is up 0.4% today, on AMZN stock price movement

Insider Activity

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $205.18, for a total transaction of $4,077,336.96. Following the transaction, the chief executive officer directly owned 2,238,118 shares of the company's stock, valued at approximately $459,217,051.24. The trade was a 0.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP David Zapolsky sold 10,649 shares of Amazon.com stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total value of $2,187,624.07. Following the transaction, the senior vice president directly owned 41,190 shares in the company, valued at $8,461,661.70. The trade was a 20.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 72,686 shares of company stock worth $14,899,239. 9.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on AMZN shares. Tigress Financial upped their price objective on shares of Amazon.com from $305.00 to $315.00 and gave the stock a "buy" rating in a research report on Wednesday, March 25th. Benchmark restated a "buy" rating on shares of Amazon.com in a research report on Thursday, January 29th. Oppenheimer set a $260.00 price target on shares of Amazon.com and gave the stock an "outperform" rating in a report on Friday, February 6th. Wall Street Zen cut Amazon.com from a "buy" rating to a "hold" rating in a research note on Saturday, January 10th. Finally, Moffett Nathanson increased their price target on Amazon.com from $283.00 to $288.00 and gave the company a "buy" rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, Amazon.com has an average rating of "Moderate Buy" and a consensus price target of $287.39.

Amazon.com Company 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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