Smithbridge Asset Management Inc. DE Purchases 2,881 Shares of Amazon.com, Inc. $AMZN

Smithbridge Asset Management Inc. DE lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 4.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 67,109 shares of the e-commerce giant’s stock after purchasing an additional 2,881 shares during the period. Amazon.com comprises 2.3% of Smithbridge Asset Management Inc. DE’s portfolio, making the stock its 11th largest holding. Smithbridge Asset Management Inc. DE’s holdings in Amazon.com were worth $16,720,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Secure Asset Management LLC lifted its holdings in shares of Amazon.com by 2.1% in the third quarter. Secure Asset Management LLC now owns 38,351 shares of the e-commerce giant’s stock worth $9,555,000 after buying an additional 788 shares in the last quarter. Worth Financial Advisory Group LLC grew its stake in Amazon.com by 0.4% during the third quarter. Worth Financial Advisory Group LLC now owns 34,735 shares of the e-commerce giant’s stock valued at $8,654,000 after acquiring an additional 139 shares in the last quarter. Ramsay Stattman Vela & Price Inc. grew its stake in Amazon.com by 8.5% during the third quarter. Ramsay Stattman Vela & Price Inc. now owns 92,686 shares of the e-commerce giant’s stock valued at $23,093,000 after acquiring an additional 7,288 shares in the last quarter. Peirce Capital Management LLC grew its stake in Amazon.com by 38.1% during the third quarter. Peirce Capital Management LLC now owns 1,652 shares of the e-commerce giant’s stock valued at $412,000 after acquiring an additional 456 shares in the last quarter. Finally, Breachway Investments LLC increased its holdings in Amazon.com by 5.4% in the 3rd quarter. Breachway Investments LLC now owns 4,360 shares of the e-commerce giant’s stock valued at $1,086,000 after acquiring an additional 224 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, VP Shelley Reynolds sold 2,343 shares of the firm’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $606,860.43. Following the completion of the sale, the vice president directly owned 119,780 shares in the company, valued at $31,024,217.80. This trade represents a 1.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of Amazon.com stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the transaction, the chief executive officer directly owned 17,794 shares of the company’s stock, valued at $4,609,713.64. The trade was a 44.97% 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 sold 71,589 shares of company stock valued at $18,580,515 over the last 90 days. 8.90% of the stock is currently owned by insiders.

Amazon.com Price Performance

NASDAQ:AMZN opened at $240.35 on Friday. The firm has a market capitalization of $2.59 trillion, a price-to-earnings ratio of 19.43, a PEG ratio of 1.89 and a beta of 1.45. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The business has a 50 day simple moving average of $254.28 and a 200-day simple moving average of $243.09. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 EPS for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.08). The company had revenue of $201.94 billion during the quarter, compared to analysts’ expectations of $202.22 billion. Amazon.com had a return on equity of 16.94% and a net margin of 16.90%. Amazon.com’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.95 EPS. Equities analysts forecast that Amazon.com, Inc. will post 8.00 EPS for the current year.

More Amazon.com News

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

• Positive Sentiment: AWS growth accelerated significantly. Amazon Web Services revenue rose 39% to approximately $46 billion, its fastest growth in nearly five years. Management said AWS could grow more than 40% annually in 2027 and 2028, supported by AI demand, a large backlog and rising cloud workloads. Analysts including JPMorgan, Canaccord, Monness and RBC maintained bullish ratings or targets, viewing AWS as a potential long-term, trillion-dollar business. AWS growth hits 39 percent
• Positive Sentiment: Amazon continues expanding its AI and adjacent businesses. The company plans to sell its Trainium AI chips externally by late 2027, while Amazon Pharmacy users increased more than 60% year over year and Prime Video reportedly reached profitability. Management also highlighted longer-term opportunities in retail automation, satellite internet and AI infrastructure. Amazon Trainium AI chips
• Neutral Sentiment: Analyst sentiment remains broadly constructive, but targets were trimmed. Several firms reaffirmed Buy or Outperform ratings, with targets generally well above the current trading level. However, Wells Fargo, Morgan Stanley, Wedbush, Scotiabank, Cantor Fitzgerald and others lowered targets, signaling reduced near-term confidence after the earnings release. Amazon price target changes
• Negative Sentiment: Amazon missed both major Q3 estimates. Earnings per share came in at $1.89 versus roughly $1.97–$2.01 expected, while revenue was $201.94 billion compared with about $202.2 billion anticipated. Fourth-quarter revenue guidance was also viewed as soft, raising concerns about holiday-season retail demand. Amazon fourth-quarter guidance
• Negative Sentiment: AI investment is pressuring cash flow and leverage. Amazon spent about $77 billion on property and equipment in Q3 and continues targeting approximately $220 billion in 2026 capital expenditures. Trailing free cash flow fell to a $42.4 billion deficit, while long-term debt increased substantially. Investors are questioning when the spending will generate adequate returns, overshadowing AWS’s strong growth. Amazon AI spending concerns
• Negative Sentiment: Broader technology-sector weakness amplified the selling. Amazon’s report contributed to a wider Nasdaq decline as investors reconsidered whether massive AI infrastructure spending across Big Tech can produce timely profits. Concerns about AI-related debt, cash burn and valuation affected sentiment beyond Amazon itself. Nasdaq and AI spending concerns

Wall Street Analysts Forecast Growth

AMZN has been the topic of several research analyst reports. Evercore reiterated an “outperform” rating on shares of Amazon.com in a research note on Friday. JPMorgan Chase & Co. increased their price objective on shares of Amazon.com from $330.00 to $365.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Roth Capital restated a “buy” rating and set a $325.00 price objective on shares of Amazon.com in a research report on Monday, August 3rd. Oppenheimer reaffirmed an “outperform” rating on shares of Amazon.com in a report on Friday, July 31st. Finally, Scotiabank reduced their target price on Amazon.com from $325.00 to $300.00 and set a “sector outperform” rating on the stock in a report on Friday. One analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $320.86.

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.