Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Sells 18,295 Shares of Amazon.com, Inc. $AMZN

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA reduced its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,230,027 shares of the e-commerce giant’s stock after selling 18,295 shares during the quarter. Amazon.com comprises approximately 5.3% of Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings, making the stock its 4th largest position. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Amazon.com were worth $555,611,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Holos Integrated Wealth LLC raised its stake in Amazon.com by 5.7% during the 3rd quarter. Holos Integrated Wealth LLC now owns 6,712 shares of the e-commerce giant’s stock valued at $1,762,000 after acquiring an additional 360 shares in the last quarter. Marest Capital LLC boosted its position in Amazon.com by 0.5% during the 3rd quarter. Marest Capital LLC now owns 12,779 shares of the e-commerce giant’s stock worth $3,184,000 after acquiring an additional 60 shares during the period. Aries Wealth Management grew its stake in shares of Amazon.com by 0.8% in the third quarter. Aries Wealth Management now owns 43,785 shares of the e-commerce giant’s stock worth $10,909,000 after purchasing an additional 358 shares in the last quarter. Tower View Wealth Management LLC grew its stake in shares of Amazon.com by 2.6% in the third quarter. Tower View Wealth Management LLC now owns 30,499 shares of the e-commerce giant’s stock worth $7,599,000 after purchasing an additional 786 shares in the last quarter. Finally, Live Oak Investment Partners grew its stake in shares of Amazon.com by 0.8% in the third quarter. Live Oak Investment Partners now owns 12,275 shares of the e-commerce giant’s stock worth $3,058,000 after purchasing an additional 96 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Stock Down 1.7%

Shares of AMZN stock opened at $266.17 on Thursday. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The stock has a market cap of $2.88 trillion, a PE ratio of 21.52, a price-to-earnings-growth ratio of 2.06 and a beta of 1.49. The business’s fifty day moving average is $254.41 and its 200-day moving average is $244.06. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.82 and a current ratio of 0.99.

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 analysts’ consensus estimates of $1.97 by ($0.08). The firm had revenue of $201.94 billion during the quarter, compared to the consensus estimate of $202.22 billion. Amazon.com had a return on equity of 15.72% and a net margin of 16.90%. The firm’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.95 EPS. Equities analysts expect that Amazon.com, Inc. will post 7.80 earnings per share for the current fiscal year.

Recent Amazon.com Headlines

Investors following AMZN have been watching these headlines:

• Positive Sentiment: AWS growth and backlog support the investment case. AWS grew 39.3% in the latest quarter, its fastest pace in nearly five years, and has a reported $578 billion backlog. That demand could help justify Amazon’s major AI infrastructure buildout. AWS growth and backlog article
• Positive Sentiment: Amazon received a Stock Grader upgrade. Its rating moved from Weak to Neutral, with return on equity and analyst earnings revisions identified as strengths, although several growth and cash-flow measures remained weak. Stock Grader article
• Negative Sentiment: AI spending is pressuring free cash flow. Amazon expects approximately $220 billion in 2026 capital expenditures, and its AI buildout has pushed free cash flow into negative territory. Investors may remain cautious until spending translates into returns. AI capital expenditures article

Insider Activity

In related news, CFO Brian Olsavsky sold 6,172 shares of Amazon.com stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $260.31, for a total transaction of $1,606,633.32. Following the transaction, the chief financial officer directly owned 109,207 shares of the company’s stock, valued at $28,427,674.17. The trade was a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the business’s 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 sale, the senior vice president owned 41,190 shares in the company, valued at approximately $10,699,926.30. This trade represents a 18.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 71,589 shares of company stock valued at $18,545,595 over the last quarter. Insiders own 8.90% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on AMZN. Roth Capital reissued a “buy” rating and set a $325.00 price target on shares of Amazon.com in a report on Monday, August 3rd. Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 price objective on shares of Amazon.com in a report on Friday, July 31st. Susquehanna reiterated a “positive” rating on shares of Amazon.com in a research report on Friday, October 30th. Cantor Fitzgerald lowered their target price on shares of Amazon.com from $310.00 to $280.00 and set an “overweight” rating on the stock in a research note on Friday, October 30th. Finally, JPMorgan Chase & Co. raised their target price on shares of Amazon.com from $330.00 to $365.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, fifty-five have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and an average target price of $321.74.

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.