Vertrix Wealth Management LLC Buys 3,744 Shares of Amazon.com, Inc. $AMZN

Key Points

• Vertrix Wealth Management increased its Amazon stake by 21.2% in the third quarter, purchasing 3,744 additional shares for a total of 21,378 shares valued at approximately $5.3 million. Institutional investors collectively own 72.2% of Amazon’s stock.
• Analysts maintain a broadly positive view, with 56 Buy ratings and three Holds producing a consensus “Moderate Buy” rating and a $322.53 price target. Amazon’s latest quarter also exceeded expectations, with $5.75 in EPS and $200.61 billion in revenue.
• Investors are focused on AWS growth, AI investments, capital expenditures and Amazon’s upcoming October 29 earnings report, while concerns include near-term free-cash-flow pressure, technology-sector weakness and potential competition in AI-driven commerce.

Vertrix Wealth Management LLC grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 21.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,378 shares of the e-commerce giant's stock after purchasing an additional 3,744 shares during the quarter. Amazon.com makes up 1.8% of Vertrix Wealth Management LLC's holdings, making the stock its 16th biggest position. Vertrix Wealth Management LLC's holdings in Amazon.com were worth $5,326,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of AMZN. JGP Wealth Management LLC raised its position in shares of Amazon.com by 3.1% during the 3rd quarter. JGP Wealth Management LLC now owns 23,938 shares of the e-commerce giant's stock worth $5,964,000 after purchasing an additional 731 shares during the last quarter. Integrated Financial Solutions Inc. lifted its stake in Amazon.com by 5.8% in the 3rd quarter. Integrated Financial Solutions Inc. now owns 28,973 shares of the e-commerce giant's stock valued at $7,219,000 after buying an additional 1,600 shares in the last quarter. Sacks & Associates LLC purchased a new position in Amazon.com in the 3rd quarter valued at about $1,257,000. HF Advisory Group LLC lifted its stake in Amazon.com by 14.7% in the 3rd quarter. HF Advisory Group LLC now owns 24,216 shares of the e-commerce giant's stock valued at $6,033,000 after buying an additional 3,099 shares in the last quarter. Finally, Dupree Financial Group LLC boosted its holdings in Amazon.com by 1.6% in the 3rd quarter. Dupree Financial Group LLC now owns 39,632 shares of the e-commerce giant's stock worth $9,874,000 after buying an additional 624 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Buying and Selling at Amazon.com

In other news, CEO Douglas Herrington sold 6,362 shares of the company's stock in a transaction that occurred on Friday, August 21st. The stock was 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 $123,465,145.81. This represents a 1.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 company's stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $259.77, for a total value of $2,404,950.66. Following the completion of the sale, the senior vice president owned 41,190 shares of the company's stock, valued at $10,699,926.30. This trade represents a 18.35% 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. Over the last quarter, insiders sold 71,589 shares of company stock worth $18,580,515. 8.90% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms have commented on AMZN. Benchmark boosted their price objective on Amazon.com from $370.00 to $400.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $325.00 target price (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. Mizuho set a $330.00 target price on Amazon.com and gave the company an "outperform" rating in a research report on Friday, July 31st. Raymond James Financial reaffirmed an "outperform" rating and issued a $390.00 price target (up from $280.00) on shares of Amazon.com in a research note on Friday, July 31st. Finally, Zacks Research lowered Amazon.com from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 14th. Fifty-six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Amazon.com currently has a consensus rating of "Moderate Buy" and a consensus price target of $322.53.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: AWS remains the central growth and profit driver. Amazon’s cloud business grew at its fastest pace in 18 quarters during the second quarter, and investors will focus closely on whether that momentum continued. Strong AWS growth could support a higher valuation. Amazon earnings outlook
• Positive Sentiment: Analysts continue to view Amazon as a major beneficiary of AI adoption through AWS, custom chips and related products. The company’s AI initiatives could improve future cash flow, while strong holiday e-commerce demand and a growing advertising business provide additional support. Amazon AI cash flow outlook
• Positive Sentiment: Amazon’s acquisition of Bee is expanding its consumer AI strategy. New Bee Frontier and Bee Eclipse devices, along with a paid software tier, give the company new opportunities in hardware, subscriptions and AI-assisted shopping. Amazon Bee AI devices
• Neutral Sentiment: Amazon has scheduled its third-quarter results and conference call for Oct. 29. The report is likely to be the next major catalyst, particularly for AWS growth, capital expenditures, operating margins and management’s AI investment outlook. Amazon earnings announcement
• Negative Sentiment: Broad technology stocks are under pressure as inflation concerns increase expectations for higher interest rates, prompting investors to favor value and dividend-paying sectors. That market-wide rotation is weighing on mega-cap technology names, including AMZN. Technology sector decline
• Negative Sentiment: Investors remain concerned that Amazon’s roughly $220 billion AI commitment and rising capital expenditures may pressure near-term free cash flow. Capacity constraints and potentially falling AI-compute pricing add to doubts about the return on that spending.
• Negative Sentiment: Elon Musk’s proposal for an “X Shop” or “Grokazon” introduces a potential long-term competitive risk after Amazon blocked some AI shopping agents. The issue could encourage rivals to challenge Amazon’s position in agent-driven commerce. Potential Amazon rival

Amazon.com Stock Performance

AMZN opened at $250.00 on Friday. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $287.20. The firm has a market capitalization of $2.70 trillion, a PE ratio of 20.11, a PEG ratio of 1.93 and a beta of 1.45. 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 firm's 50-day moving average price is $256.75 and its 200 day moving average price is $251.57.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating analysts' consensus estimates of $1.82 by $3.93. The company had revenue of $200.61 billion during 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% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.68 EPS. As a group, sell-side analysts expect that Amazon.com, Inc. will post 8.02 EPS for the current fiscal year.

Amazon.com 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.

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