Proficio Capital Partners LLC Buys 95,828 Shares of Amazon.com, Inc. $AMZN

Key Points

• Proficio Capital Partners initiated a position by purchasing 95,828 Amazon shares worth approximately $22.84 million, while institutional investors collectively own 72.2% of the company.
• Amazon reported quarterly EPS of $5.75, beating estimates of $1.82, while revenue rose 19.6% year over year to $200.61 billion.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $321.19, though rising capital spending, Treasury yields and legal risks remain potential headwinds.

Proficio Capital Partners LLC bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 95,828 shares of the e-commerce giant's stock, valued at approximately $22,840,000. Amazon.com accounts for 0.8% of Proficio Capital Partners LLC's holdings, making the stock its 25th biggest holding.

A number of other institutional investors have also recently made changes to their positions in the stock. Stonebridge Capital Management Inc. acquired a new stake in shares of Amazon.com in the second quarter valued at about $1,497,000. Pure Financial Advisors LLC acquired a new position in shares of Amazon.com in the second quarter worth approximately $28,645,000. Payne Capital Management LLC acquired a new position in shares of Amazon.com in the second quarter worth approximately $829,000. Transamerica Financial Advisors LLC bought a new stake in Amazon.com in the second quarter valued at approximately $5,867,000. Finally, Sanchez Levi Garrett bought a new stake in Amazon.com in the second quarter valued at approximately $1,228,000. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $249.38 on Friday. The company has a fifty day moving average of $256.34 and a 200-day moving average of $246.95. The firm has a market capitalization of $2.69 trillion, a P/E ratio of 20.06, a P/E/G ratio of 1.98 and a beta of 1.44. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. 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 released its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.82 by $3.93. The company had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. Amazon.com's quarterly revenue was up 19.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.68 EPS. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 8.01 EPS for the current year.

Insider Transactions at Amazon.com

In other news, CEO Douglas Herrington sold 1,000 shares of the company's stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $254.77, for a total transaction of $254,770.00. Following the transaction, the chief executive officer owned 475,681 shares in the company, valued at approximately $121,189,248.37. This represents a 0.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the transaction, the senior vice president directly owned 41,190 shares in the company, valued at $10,699,926.30. This trade represents a 18.35% 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. In the last quarter, insiders sold 71,589 shares of company stock valued at $18,568,785. 8.90% of the stock is owned by insiders.

Amazon.com News Roundup

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

• Positive Sentiment: Amazon announced a plan to invest approximately $3 billion in India’s quick-commerce market through 2030, expanding its Amazon Now delivery network. The investment could strengthen Amazon’s position in a rapidly growing market, although its current share is only about 6.2%. Amazon bets $3 billion on India's fast-delivery boom
• Positive Sentiment: New Amazon Supply Chain Services offerings let merchants add fast, free Prime delivery to their own websites and manage orders from Walmart, Shopify, eBay and TikTok through Seller Central. The initiative could expand fulfillment revenue and make Amazon’s logistics infrastructure more valuable outside its marketplace. Amazon Lets Merchants Add Free Prime Delivery to Their Own Websites
• Positive Sentiment: Analyst commentary remains constructive on Amazon Web Services, custom chips and agentic AI. Reports cite a roughly $496 billion AWS backlog and expanding AI tools for third-party sellers, advertising and cloud customers, supporting the long-term earnings-growth case.
• Positive Sentiment: Amazon is investing more than $100 million in an Indiana robotics manufacturing facility expected to create 300 jobs. The plant should increase internal automation capacity and could eventually support efficiency gains across the fulfillment network. Amazon to Expand Robot-Making Capacity With New Indiana Hub
• Neutral Sentiment: Amazon is allowing Anthropic’s Claude to access seller data while blocking Meta’s Muse shopping agent. The decision protects control over customer and marketplace data, but it could encourage rivals such as Shopify and Walmart to build more open agentic-commerce ecosystems. Amazon Opens Seller Data to Claude Days After Blocking Meta’s Muse
• Negative Sentiment: The India expansion and Indiana robotics project increase near-term capital spending, contributing to investor concerns about cash-flow pressure and the timing of returns. Amazon’s stock has also been technically testing support near its key moving averages.
• Negative Sentiment: A proposed nationwide class-action lawsuit alleges systematic discrimination against pregnant warehouse employees. Additional workforce litigation could increase legal costs, regulatory scrutiny and reputational risk. Amazon Faces Another Worker Lawsuit
• Negative Sentiment: Rising Treasury yields and broader weakness in technology stocks are creating valuation headwinds for AMZN, while concerns about heavy AI spending and uncertain monetization remain a near-term overhang.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Zacks Research lowered shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a report on Monday, September 14th. Barclays reaffirmed an "overweight" rating and issued a $365.00 price objective (up from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. Oppenheimer reiterated an "outperform" rating on shares of Amazon.com in a research report on Friday, July 31st. Wedbush lifted their target price on shares of Amazon.com from $293.00 to $310.00 and gave the stock an "outperform" rating in a research note on Friday, July 31st. Finally, Piper Sandler restated an "overweight" rating and issued a $320.00 target price (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. Fifty-six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $321.19.

About Amazon.com

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon's websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

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