Sawyer & Company Inc Purchases 17,178 Shares of Amazon.com, Inc. $AMZN

Sawyer & Company Inc purchased a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 17,178 shares of the e-commerce giant’s stock, valued at approximately $4,280,000. Amazon.com comprises about 1.4% of Sawyer & Company Inc’s portfolio, making the stock its 23rd biggest position.

Other hedge funds have also recently modified their holdings of the company. Silvant Capital Management LLC acquired a new stake in Amazon.com during the second quarter worth $60,065,000. Public Employees Retirement System of Ohio purchased a new stake in Amazon.com in the second quarter valued at $909,868,000. Northstar Financial Companies Inc. acquired a new position in shares of Amazon.com in the 2nd quarter valued at $3,376,000. Gryphon Financial Partners LLC lifted its stake in shares of Amazon.com by 7.5% in 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 last quarter. Finally, First Citizens Bank & Trust Co. lifted its stake 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 valued at $63,285,000 after purchasing an additional 5,104 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Cantor Fitzgerald lowered their price target on Amazon.com from $310.00 to $280.00 and set an “overweight” rating for the company in a report on Friday, October 30th. Rosenblatt Securities restated a “buy” rating and issued a $360.00 price objective on shares of Amazon.com in a report on Friday, October 30th. Raymond James Financial reaffirmed an “outperform” rating and issued a $250.00 target price on shares of Amazon.com in a research report on Friday. Susquehanna reaffirmed a “positive” rating on shares of Amazon.com in a research note on Friday. Finally, Mizuho lifted their price target on shares of Amazon.com from $330.00 to $335.00 and gave the company an “outperform” rating in a research report on Friday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $321.02.

Amazon.com News Summary

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

• Positive Sentiment: Amazon said commitments for its custom chips have increased more than 20-fold and plans to make Trainium available beyond AWS in late 2027, strengthening its opportunity to monetize AI infrastructure. Article: Amazon Stocks Edge Higher as Custom-Chip Commitments Increase More Than 20-Fold
• Positive Sentiment: Analyst support added momentum: Freedom Broker raised its price target to $330 and maintained a Buy rating, while Phillip Securities upgraded Amazon to Strong Buy. AWS growth is a key part of the bullish case. Freedom Broker rating
• Positive Sentiment: Early Black Friday promotions may support retail sales and customer engagement as Amazon enters the holiday shopping season. Article: Amazon Stock Rises on Early Black Friday Deals and Discounts
• Neutral Sentiment: Amazon’s updated software-engineering guidelines emphasize customer results rather than how much engineers use AI. The shift signals adaptation to AI-assisted development but has no clear immediate financial impact. Article: Amazon rewrites its software engineering playbook
• Negative Sentiment: Investors remain concerned that the AI buildout is weighing on cash generation: reports cited a $34.8 billion free-cash-flow outflow and plans for substantial infrastructure investment. Strong cloud growth may help justify the spending, but returns and funding remain risks. Article: Amazon Lines Up $80 Billion of Supplier Financing
• Negative Sentiment: A separate report highlighted concerns about slowing e-commerce growth and worsening cash burn despite accelerating cloud revenue, tempering the bullish AI narrative. Article: Amazon’s Earnings Just Hit a Record. So Why Is the Stock Down 11% From Its Peak?

Insider Activity

In other Amazon.com news, VP Shelley Reynolds sold 2,343 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $606,860.43. Following the completion of the transaction, the vice president owned 119,780 shares of the company’s stock, valued at $31,024,217.80. This trade represents a 1.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 1,000 shares of the business’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $251.50, for a total transaction of $251,500.00. Following the completion of the transaction, the chief executive officer owned 474,681 shares of the company’s stock, valued at approximately $119,382,271.50. This trade represents a 0.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 70,589 shares of company stock worth $18,302,125 over the last 90 days. Company insiders own 8.90% of the company’s stock.

Amazon.com Trading Up 2.1%

Shares of NASDAQ AMZN opened at $250.69 on Wednesday. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $2.71 trillion, a PE ratio of 20.27, a PEG ratio of 1.86 and a beta of 1.49. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $287.20. The stock has a fifty day simple moving average of $253.79 and a 200-day simple moving average of $243.18.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, October 29th. The e-commerce giant reported $1.89 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.08). Amazon.com had a net margin of 16.90% and a return on equity of 15.72%. The business had revenue of $201.94 billion during the quarter, compared to analysts’ expectations of $202.22 billion. During the same period in the previous year, the business posted $1.95 EPS. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. On average, equities analysts forecast that Amazon.com, Inc. will post 7.84 earnings per share for the current year.

Amazon.com Company 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.