Twin City Private Wealth LLC grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 29.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,106 shares of the e-commerce giant’s stock after buying an additional 3,234 shares during the quarter. Amazon.com accounts for about 2.4% of Twin City Private Wealth LLC’s investment portfolio, making the stock its 6th biggest holding. Twin City Private Wealth LLC’s holdings in Amazon.com were worth $3,097,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Fairway Wealth LLC raised its position in Amazon.com by 113.2% in the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock valued at $25,000 after buying an additional 60 shares during the last quarter. Sellwood Investment Partners LLC acquired a new position in Amazon.com during the 3rd quarter worth approximately $27,000. Cooksen Wealth LLC grew its stake in shares of Amazon.com by 23.5% during the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock worth $54,000 after acquiring an additional 47 shares in the last quarter. PayPay Securities Corp raised its holdings in shares of Amazon.com by 62.3% in the third quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant’s stock valued at $55,000 after purchasing an additional 96 shares during the last quarter. Finally, Access Investment Management LLC bought a new stake in shares of Amazon.com in the second quarter worth $74,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts recently weighed in on the stock. Maxim Group raised their target price on shares of Amazon.com from $280.00 to $290.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Wedbush reduced their price target on Amazon.com from $340.00 to $300.00 and set an “outperform” rating for the company in a research report on Friday, February 6th. UBS Group set a $311.00 price target on Amazon.com in a research note on Tuesday, February 3rd. BNP Paribas Exane initiated coverage on Amazon.com in a research note on Monday, November 24th. They set an “outperform” rating on the stock. Finally, Scotiabank reissued an “outperform” rating and issued a $275.00 target price (down from $300.00) on shares of Amazon.com in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Amazon.com has an average rating of “Moderate Buy” and a consensus target price of $287.30.
Amazon.com Trading Up 0.0%
Shares of Amazon.com stock opened at $204.86 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. The stock has a market cap of $2.20 trillion, a PE ratio of 28.57, a PEG ratio of 1.31 and a beta of 1.37. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $258.60. The firm has a 50-day moving average of $228.54 and a 200-day moving average of $228.15.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The company had revenue of $213.39 billion for the quarter, compared to the consensus estimate of $211.02 billion. During the same quarter in the previous year, the company posted $1.86 earnings per share. The business’s revenue was up 13.6% compared to the same quarter last year. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.
Insider Transactions at Amazon.com
In other Amazon.com news, CEO Douglas J. Herrington sold 4,784 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $198.37, for a total value of $949,002.08. Following the sale, the chief executive officer owned 512,109 shares of the company’s stock, valued at approximately $101,587,062.33. This trade represents a 0.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold 8,284 shares of company stock valued at $1,740,052 over the last quarter. Company insiders own 9.70% of the company’s stock.
Key Headlines Impacting Amazon.com
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Large cloud demand signal — Anthropic expects to pay cloud partners at least $80B through 2029, implying meaningful multi-year revenue opportunity for AWS. Read More.
- Positive Sentiment: Marketplace expansion — Bath & Body Works launched an authorized Amazon storefront, showing brands continue to embrace Amazon’s logistics and reach, supporting retail GMV growth. Read More.
- Positive Sentiment: Large investors adding positions — Some funds (e.g., Pershing Square, Glenview, others) have increased stakes recently, signalling conviction among active managers that AWS/AI upside is underappreciated. Read More.
- Positive Sentiment: Scale milestone — Amazon overtook Walmart for top Fortune 500 revenue, a symbolic win that underscores its scale across retail, cloud and ads. Read More.
- Neutral Sentiment: Insider disclosure — CEO Douglas Herrington sold a small block of shares; disclosure is routine and the sale is minor relative to total insider holdings. Read More.
- Neutral Sentiment: Mixed institutional flows — A flurry of fund filings shows both sizable buys and trims across institutions, creating two-way pressure on the stock. Read More.
- Negative Sentiment: AWS outages tied to internal AI tooling — At least two cloud outages in December were linked to Amazon’s own AI coding assistant (Kiro), including a ~13-hour outage; operational risk raised for AWS reliability. Read More.
- Negative Sentiment: CapEx shock and sell‑side pressure — Amazon’s plan for roughly $200B of 2026 CapEx has prompted price‑target cuts and concerns about near-term free cash flow and valuation. Read More.
- Negative Sentiment: Legal exposure — The Washington Supreme Court ruled Amazon can be sued over suicides linked to sodium nitrite sold on its platform, increasing litigation and regulatory risk. Read More.
- Negative Sentiment: High‑profile selling — Berkshire Hathaway materially trimmed its Amazon holding, a headline that has amplified negative sentiment even as other funds add exposure. Read More.
- Negative Sentiment: R&D/automation setback — Amazon halted its Blue Jay warehouse robot project after months, highlighting execution risk on automation initiatives. Read More.
About Amazon.com
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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