2,390 Shares in Amazon.com, Inc. $AMZN Acquired by Noble Wealth Partners LLC

Noble Wealth Partners LLC purchased a new position in Amazon.com, Inc. (NASDAQ:AMZNFree Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,390 shares of the e-commerce giant’s stock, valued at approximately $570,000. Amazon.com accounts for about 0.5% of Noble Wealth Partners LLC’s investment portfolio, making the stock its 27th largest position.

A number of other institutional investors have also recently made changes to their positions in AMZN. Gryphon Financial Partners LLC increased its position in Amazon.com by 7.5% during the 1st quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant’s stock valued at $15,221,000 after purchasing an additional 5,125 shares during the period. First Citizens Bank & Trust Co. lifted its position in shares of Amazon.com by 1.7% in the 1st quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant’s stock worth $63,285,000 after purchasing an additional 5,104 shares during the period. Narwhal Capital Management lifted its position in shares of Amazon.com by 2.3% in the 4th quarter. Narwhal Capital Management now owns 216,606 shares of the e-commerce giant’s stock worth $49,997,000 after purchasing an additional 4,854 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in shares of Amazon.com by 21.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 24,653,228 shares of the e-commerce giant’s stock valued at $5,690,463,000 after purchasing an additional 4,275,942 shares in the last quarter. Finally, Blue Chip Partners LLC increased its position in shares of Amazon.com by 1.8% during the first quarter. Blue Chip Partners LLC now owns 147,461 shares of the e-commerce giant’s stock valued at $30,712,000 after buying an additional 2,583 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Morgan Stanley reissued an “overweight” rating and issued a $335.00 price target (up from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. Telsey Advisory Group set a $335.00 target price on Amazon.com and gave the stock an “outperform” rating in a report on Friday, July 31st. 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 report on Friday, July 31st. BMO Capital Markets restated an “outperform” rating and issued a $360.00 target price (up from $355.00) on shares of Amazon.com in a research note on Tuesday, July 28th. Finally, Piper Sandler restated an “overweight” rating and set a $320.00 price target (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and an average price target of $323.26.

Read Our Latest Research Report on AMZN

Key Headlines Impacting Amazon.com

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

  • Positive Sentiment: AI and AWS remain the key growth drivers. Recent coverage highlights accelerating AWS growth, Amazon’s planned purchase of roughly 2 million Nvidia GPUs and approximately $200 billion in 2026 AI-infrastructure investment. These initiatives could support cloud revenue, advertising and future operating leverage, although they require substantial near-term capital spending. Amazon and Nvidia AI infrastructure article
  • Positive Sentiment: Amazon is expanding its strategic infrastructure and logistics footprint. A multiyear, multibillion-dollar Corning agreement will provide optical-fiber and connectivity products for data centers, while Amazon expects its own delivery network to handle nearly 90% of U.S. packages by 2029. Both developments could improve capacity, efficiency and control over fulfillment costs. Amazon Corning fiber agreement
  • Positive Sentiment: Zoox reached another commercialization milestone. Amazon’s autonomous-vehicle unit expanded paid robotaxi service to Las Vegas’ Harry Reid International Airport, broadening a potential future growth platform beyond e-commerce and cloud computing. Zoox Las Vegas airport expansion
  • Neutral Sentiment: High spending is creating both opportunity and valuation risk. Analysts continue to identify AMZN as a leading AI and cloud beneficiary, but elevated data-center investment has pushed Amazon’s trailing free cash flow negative. Investors are assessing whether current spending will generate returns comparable to the company’s earlier AWS buildout. Amazon capital spending and higher rates article
  • Negative Sentiment: DOJ scrutiny is the most immediate overhang. The Justice Department expanded its beef-price investigation to eight retailers, including Amazon, seeking pricing data as it examines possible anticompetitive conduct in the meat supply chain. The inquiry does not establish wrongdoing, but it raises regulatory and potential litigation risk. DOJ beef price probe
  • Negative Sentiment: Labor concerns and insider selling add pressure. Workers at Amazon’s Riverside, California warehouse held a one-day strike over alleged retaliation and union-recognition issues. CEO Douglas Herrington separately sold 1,000 shares under a prearranged Rule 10b5-1 plan; the sale was small relative to his remaining holdings but may draw limited investor attention.

Insider Transactions at Amazon.com

In other Amazon.com news, CFO Brian T. Olsavsky sold 6,172 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $260.31, for a total transaction of $1,606,633.32. Following the completion of the sale, the chief financial officer directly owned 109,207 shares in the company, valued at approximately $28,427,674.17. This trade represents a 5.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of Amazon.com 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 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 71,589 shares of company stock worth $18,568,785 over the last quarter. Corporate insiders own 8.90% of the company’s stock.

Amazon.com Stock Performance

Amazon.com stock opened at $258.51 on Friday. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $287.20. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $2.79 trillion, a P/E ratio of 20.80, a PEG ratio of 1.99 and a beta of 1.44. The stock’s 50 day moving average is $254.14 and its 200 day moving average is $242.33.

Amazon.com (NASDAQ:AMZNGet Free Report) last released its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, topping the consensus estimate of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The business had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. During the same period in the previous year, the company posted $1.68 earnings per share. The company’s revenue for the quarter was up 19.6% compared to the same quarter last year. On average, equities research analysts predict that Amazon.com, Inc. will post 8.05 earnings per share for the current fiscal year.

Amazon.com Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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