Amazon.com, Inc. $AMZN Stock Position Raised by Orange Investment Advisors Inc.

Orange Investment Advisors Inc. boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 6.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,191 shares of the e-commerce giant’s stock after purchasing an additional 5,038 shares during the period. Amazon.com comprises 2.5% of Orange Investment Advisors Inc.’s investment portfolio, making the stock its 11th biggest position. Orange Investment Advisors Inc.’s holdings in Amazon.com were worth $19,730,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Red Crane Wealth Management LLC increased its position in shares of Amazon.com by 2.3% in the first quarter. Red Crane Wealth Management LLC now owns 1,663 shares of the e-commerce giant’s stock valued at $346,000 after buying an additional 38 shares in the last quarter. Stegent Equity Advisors Inc. grew its stake in Amazon.com by 2.7% in the 3rd quarter. Stegent Equity Advisors Inc. now owns 1,462 shares of the e-commerce giant’s stock valued at $364,000 after acquiring an additional 39 shares during the last quarter. Robinson Smith Wealth Advisors LLC increased its holdings in Amazon.com by 0.7% during the 1st quarter. Robinson Smith Wealth Advisors LLC now owns 5,509 shares of the e-commerce giant’s stock valued at $1,147,000 after acquiring an additional 40 shares in the last quarter. Sfam LLC increased its holdings in Amazon.com by 3.4% during the 1st quarter. Sfam LLC now owns 1,224 shares of the e-commerce giant’s stock valued at $255,000 after acquiring an additional 40 shares in the last quarter. Finally, Measured Risk Portfolios Inc. increased its holdings in Amazon.com by 3.4% during the 1st quarter. Measured Risk Portfolios Inc. now owns 1,206 shares of the e-commerce giant’s stock valued at $251,000 after acquiring an additional 40 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $243.47, for a total transaction of $243,470.00. Following the transaction, the chief executive officer owned 473,681 shares of the company’s stock, valued at approximately $115,327,113.07. This represents a 0.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the sale, the chief executive officer owned 2,235,766 shares in the company, valued at approximately $579,085,751.66. This trade represents a 0.89% decrease in their position. 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. Over the last quarter, insiders sold 71,589 shares of company stock valued at $18,545,595. Corporate insiders own 8.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Rosenblatt Securities restated a “buy” rating and set a $360.00 target price on shares of Amazon.com in a research report on Friday, October 30th. Evercore reiterated an “outperform” rating on shares of Amazon.com in a research report on Friday, October 30th. DA Davidson set a $250.00 price target on shares of Amazon.com and gave the company a “neutral” rating in a research report on Friday, October 30th. Bank of America reissued a “buy” rating and set a $317.00 price objective on shares of Amazon.com in a research note on Friday, October 30th. Finally, Citizens Jmp cut their price objective on Amazon.com from $315.00 to $275.00 and set a “market outperform” rating for the company in a research report on Friday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, fifty-five have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and a consensus target price of $321.74.

Trending Headlines about Amazon.com

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

• Positive Sentiment: AWS growth and backlog support the AI investment case. AWS revenue grew 39.3% in the latest quarter, its fastest pace in nearly five years, while its reported backlog reached $578 billion. That contracted demand may help justify Amazon’s substantial infrastructure investment. Article: Andy Jassy Just Delivered Great News for Amazon Stock Investors
• Positive Sentiment: Anthropic’s planned IPO could highlight the value of Amazon’s stake and cloud relationship. Reports describe Amazon as a major investor and cloud provider to Anthropic; the proposed offering could put a substantial valuation on its stake, while Anthropic’s infrastructure commitments could also generate AWS business. Any stake valuation remains a paper estimate until shares trade. Article: Amazon and Google Will See Big Paydays from Anthropic IPO
• Positive Sentiment: UK approval expands Amazon’s drone-delivery opportunity. Regulatory clearance allows Amazon to extend eligible deliveries in Darlington to about 8,000 customers, providing a potential route to faster service and more efficient fulfillment. Article: UK aviation regulator clears Amazon for expanded drone delivery
• Neutral Sentiment: Ring’s new home-security devices and Amazon’s holiday promotions add product and seasonal-sales visibility, but their financial contribution is not yet clear. Article: Amazon’s Ring launches flying camera, autonomous security robot
• Negative Sentiment: AI infrastructure spending remains a key risk. Amazon’s large capital-spending plans could pressure cash flow if cloud and AI demand do not translate into returns quickly enough; data-center power, permitting and cost concerns add uncertainty. Article: Amazon Faces a $1.2 Trillion AI Spending Question
• Negative Sentiment: Amazon agreed to pay $3 million to Arizona Prime members to resolve allegations related to its subscription-cancellation process, a modest financial cost but a potential reputational and regulatory concern. Article: Amazon agrees to pay $3M to Arizona Prime members

Amazon.com Trading Up 1.5%

Amazon.com stock opened at $270.87 on Wednesday. The stock has a 50-day moving average price of $254.19 and a 200 day moving average price of $243.93. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $287.20. The stock has a market cap of $2.93 trillion, a PE ratio of 21.90, a P/E/G ratio of 2.03 and a beta of 1.49. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 0.28.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.08). The firm had revenue of $201.94 billion during the quarter, compared to analysts’ expectations of $202.22 billion. Amazon.com had a net margin of 16.90% and a return on equity of 15.72%. Amazon.com’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter last year, the company posted $1.95 earnings per share. Equities research analysts predict that Amazon.com, Inc. will post 7.80 earnings per share for the current fiscal year.

About Amazon.com

Amazon.com, Inc. is a technology and e-commerce company founded by Jeff Bezos in 1994 as an online bookstore. It has since grown into a global business serving consumers, sellers, developers, enterprises and content creators. Amazon operates online stores and marketplaces, where it sells products directly and enables third-party sellers to reach customers. Its other businesses include Amazon Web Services, which provides cloud computing and related services; digital advertising; Prime memberships; and entertainment offerings such as streaming video and music.