Amazon.com, Inc. $AMZN Stock Bought by Titleist Asset Management LLC

Titleist Asset Management LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 93,542 shares of the e-commerce giant’s stock after buying an additional 3,967 shares during the quarter. Amazon.com comprises about 1.5% of Titleist Asset Management LLC’s holdings, making the stock its 12th biggest holding. Titleist Asset Management LLC’s holdings in Amazon.com were worth $23,306,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of AMZN. TOP Private Wealth LLC. acquired a new position in Amazon.com in the second quarter valued at $29,000. Bard Associates Inc. purchased a new position in shares of Amazon.com during the second quarter worth about $32,000. Longfellow Investment Management Co. LLC purchased a new position in shares of Amazon.com during the second quarter worth about $33,000. Atomic Invest LLC increased its position in shares of Amazon.com by 41.2% during the second quarter. Atomic Invest LLC now owns 168 shares of the e-commerce giant’s stock worth $40,000 after purchasing an additional 49 shares in the last quarter. Finally, Lifetime Wealth Management P.C. acquired a new stake in shares of Amazon.com during the fourth quarter worth about $45,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $254.08 on Thursday. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The company has a market cap of $2.74 trillion, a P/E ratio of 20.44, a PEG ratio of 2.00 and a beta of 1.45. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $287.20. The company has a 50-day moving average price of $257.59 and a 200 day moving average price of $251.19.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $3.93. The company had revenue of $200.61 billion for the quarter, compared to analysts’ expectations of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. The firm’s quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.68 EPS. Research analysts predict that Amazon.com, Inc. will post 8.03 earnings per share for the current year.

Insiders Place Their Bets

In related news, SVP David Zapolsky sold 9,258 shares of Amazon.com stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $259.77, for a total value of $2,404,950.66. Following the sale, the senior vice president directly owned 41,190 shares in the company, valued at $10,699,926.30. The trade was a 18.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,343 shares of the company’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 transaction, the vice president directly owned 119,780 shares in the company, valued at $31,024,217.80. This represents a 1.92% 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. Over the last ninety days, insiders sold 71,589 shares of company stock worth $18,580,515. Corporate insiders own 8.90% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on AMZN. Royal Bank Of Canada boosted their target price on Amazon.com from $320.00 to $330.00 and gave the company an “outperform” rating in a report on Friday, July 31st. JPMorgan Chase & Co. lifted their price target on Amazon.com from $330.00 to $365.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Jefferies Financial Group reiterated a “buy” rating on shares of Amazon.com in a research note on Thursday, June 18th. Raymond James Financial reissued an “outperform” rating and issued a $390.00 price objective (up from $280.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, Zacks Research lowered shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. Fifty-six analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $322.53.

Key Amazon.com News

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

• Positive Sentiment: AWS remains the key bullish catalyst. Reports highlight a $496 billion AWS backlog, cloud margins near 39%, and continued demand for AI infrastructure. Amazon also said its custom-chip and AI businesses each surpassed $25 billion, supporting the case that Trainium and Inferentia could eventually reduce reliance on Nvidia GPUs. AWS Backlog and Cloud Margins
• Positive Sentiment: Amazon is expanding its AI ecosystem. The company is reportedly considering a roughly $7 billion acquisition of Decart, whose software helps run AI workloads across Nvidia and Amazon chips. The deal could accelerate Trainium adoption and improve AWS’s competitive position. Amazon Decart AI Deal
• Positive Sentiment: Analyst fundamentals remain supportive. Erste Group raised its FY2027 EPS estimate to $10.71 from $10.54, while Amazon’s Prime Video sports strategy could increase engagement, retention and advertising opportunities. Amazon Prime Video Sports Strategy
• Neutral Sentiment: Investor positioning may amplify volatility. Amazon was reportedly the most widely owned hedge-fund stock in September, creating potential support but also increasing the risk of crowded-trade selling if earnings or AWS growth disappoints. Amazon Hedge Fund Ownership
• Negative Sentiment: AI investment is pressuring cash flow. Amazon’s planned spending of roughly $200 billion to $220 billion raises concerns about capital intensity, returns on invested capital and near-term free cash flow, even as operating cash flow improves. Amazon AI Spending
• Negative Sentiment: Regulatory and execution risks increased. Lawmakers asked the FAA to conduct a site-specific environmental review of Amazon’s proposed Massachusetts drone hub, citing noise, privacy, safety and environmental concerns. Amazon also recalled more than 112,000 bottles of acetaminophen sold through its platform. FAA Review of Amazon Drone Hub
• Negative Sentiment: New hardware faces market skepticism. Amazon’s $499.99-plus Alexa Tablet 12 Pro moves the company into a higher-priced segment against Apple’s iPad, while Apple’s new smart-home products intensify competition. Amazon Alexa Tablet Launch

Amazon.com Profile

Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.

Amazon’s major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.