Wallington Asset Management LLC Purchases 2,551 Shares of Amazon.com, Inc. $AMZN

Wallington Asset Management LLC increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 97,457 shares of the e-commerce giant’s stock after buying an additional 2,551 shares during the quarter. Amazon.com accounts for approximately 2.8% of Wallington Asset Management LLC’s holdings, making the stock its 12th largest holding. Wallington Asset Management LLC’s holdings in Amazon.com were worth $21,399,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AMZN. Wilson Asset Management International PTY Ltd. bought a new position in Amazon.com during the 2nd quarter worth about $11,102,000. ARK Investment Management LLC lifted its holdings in shares of Amazon.com by 8.3% in the second quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock valued at $250,213,000 after purchasing an additional 86,978 shares in the last quarter. Buckhead Capital Management LLC boosted its position in shares of Amazon.com by 16.1% during the second quarter. Buckhead Capital Management LLC now owns 28,407 shares of the e-commerce giant’s stock worth $6,232,000 after buying an additional 3,948 shares during the period. Flaharty Asset Management LLC boosted its position in shares of Amazon.com by 87.7% during the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock worth $968,000 after buying an additional 2,377 shares during the period. Finally, Border to Coast Pensions Partnership Ltd grew its holdings in shares of Amazon.com by 6.0% during the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock worth $249,295,000 after buying an additional 63,924 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have commented on AMZN shares. JPMorgan Chase & Co. restated a “buy” rating and issued a $305.00 target price on shares of Amazon.com in a research note on Friday, December 12th. JMP Securities set a $300.00 price objective on shares of Amazon.com in a report on Friday, October 31st. President Capital boosted their price objective on shares of Amazon.com from $280.00 to $320.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Guggenheim raised shares of Amazon.com to a “strong-buy” rating in a research report on Wednesday, December 10th. Finally, Sanford C. Bernstein set a $300.00 price target on shares of Amazon.com and gave the company an “outperform” rating in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $295.23.

Amazon.com Stock Performance

NASDAQ AMZN opened at $246.29 on Friday. The firm has a market capitalization of $2.63 trillion, a P/E ratio of 34.79, a price-to-earnings-growth ratio of 1.52 and a beta of 1.37. The company has a current ratio of 1.01, a quick ratio of 0.80 and a debt-to-equity ratio of 0.14. The firm’s fifty day moving average price is $233.16 and its two-hundred day moving average price is $227.46. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. The company had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a net margin of 11.06% and a return on equity of 23.62%. The company’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.43 EPS. As a group, research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Trending Headlines about Amazon.com

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

• Positive Sentiment: AWS & AI narrative lifts sentiment — Amazon is being positioned as an AI leader after recent moves highlighting AWS’s faster growth and potential big‑ticket AI partnerships (reports note OpenAI spending on AWS and talk of a possible $10B investment). That narrative is backing a rally and analyst upside. Amazon Is Trying to Position Itself as an AI Leader. Is It Working?
• Positive Sentiment: Momentum + analyst support — MarketBeat and others note AMZN has regained technical traction after a late‑2025 lull; firms (Jefferies, Wolfe, BMO) have reiterated/raised ratings and targets (examples: BMO PT to $304, Jefferies to $300), providing upside vs. current levels. Amazon Starts 2026 Strong—What It Could Mean for the Year
• Neutral Sentiment: Regulatory update reduces near‑term EU risk — Reuters reports the EU’s digital rule overhaul will spare big tech from the strictest binding rules, a modest regulatory relief that lowers an immediate overhang but could raise US‑EU tensions. Big Tech spared strict rules in EU digital rule overhaul, sources say
• Neutral Sentiment: Analyst & social chatter — Multiple pieces highlight growing bullish thesis (Evercore, Bank of America, price‑target chatter to $300+). These drive flows/expectations but are contingent on AWS/ads execution. Amazon Stock (AMZN) Opinions on AWS Growth and AI Investments
• Negative Sentiment: Heavy insider selling — QuiverQuant notes substantial insider share sales (including large Bezos dispositions), which can spook some investors even if many sales are scheduled. Amazon Stock (AMZN) Opinions on AWS Growth and AI Investments
• Negative Sentiment: Merchant and employee friction — Reports of an Amazon AI tool creating merchant confusion and new corporate demands for employee productivity add reputational and operational risk that could draw regulatory or seller pushback. Amazon AI tool blindsides merchants by offering products without their knowledge

Insider Activity

In other Amazon.com news, Director Jonathan Rubinstein sold 8,173 shares of the firm’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $250.03, for a total transaction of $2,043,495.19. Following the completion of the sale, the director owned 80,030 shares of the company’s stock, valued at $20,009,900.90. This trade represents a 9.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Matthew S. Garman sold 17,768 shares of the company’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $216.90, for a total transaction of $3,853,879.20. Following the completion of the transaction, the chief executive officer owned 6,273 shares in the company, valued at approximately $1,360,613.70. This represents a 73.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 79,734 shares of company stock valued at $18,534,017. 9.70% of the stock is owned by insiders.

Amazon.com Company Profile

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.