Amazon.com, Inc. $AMZN Stock: Middleton & Co. Inc. MA Reduces Stake

Middleton & Co. Inc. MA lessened its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 233,810 shares of the e-commerce giant’s stock after selling 6,124 shares during the quarter. Amazon.com accounts for about 6.2% of Middleton & Co. Inc. MA’s investment portfolio, making the stock its 3rd largest holding. Middleton & Co. Inc. MA’s holdings in Amazon.com were worth $58,254,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in AMZN. TOP Private Wealth LLC. acquired a new position in Amazon.com in the second quarter valued at approximately $29,000. Bard Associates Inc. bought a new position in Amazon.com in the second quarter valued at approximately $32,000. Longfellow Investment Management Co. LLC acquired a new stake in Amazon.com during the 2nd quarter worth $33,000. Atomic Invest LLC grew its holdings in Amazon.com by 41.2% during the 2nd quarter. Atomic Invest LLC now owns 168 shares of the e-commerce giant’s stock worth $40,000 after acquiring an additional 49 shares during the period. Finally, Strategic Wealth Advisors LLC bought a new stake in shares of Amazon.com during the 2nd quarter valued at $68,000. Institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Citigroup reissued a “market outperform” rating on shares of Amazon.com in a research note on Friday, October 30th. Guggenheim restated a “buy” rating and issued a $320.00 price target on shares of Amazon.com in a research report on Friday, October 30th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Amazon.com in a research note on Tuesday, October 20th. Cantor Fitzgerald decreased their price objective on Amazon.com from $310.00 to $280.00 and set an “overweight” rating for the company in a research note on Friday, October 30th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $315.00 price objective on shares of Amazon.com in a report on Friday, July 31st. 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’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $321.74.

Amazon.com Stock Up 2.9%

Shares of NASDAQ:AMZN opened at $266.93 on Tuesday. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $287.20. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.82 and a current ratio of 0.99. The company has a market capitalization of $2.89 trillion, a PE ratio of 21.58, a PEG ratio of 2.02 and a beta of 1.49. The company has a 50 day moving average price of $253.97 and a two-hundred day moving average price of $243.74.

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

More Amazon.com News

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

• Positive Sentiment: JPMorgan added Amazon to its focus list and highlighted AWS growth, including the potential for growth above 40% in 2027 and 2028. AWS’s reported 39% growth and $578 billion backlog reinforce the case for sustained demand. Article: Amazon Stocks Rise as JPMorgan Adds It to Focus List on AWS
• Positive Sentiment: Investors appeared to favor established cloud and data-center operators amid debate about AI infrastructure spending, supporting Amazon’s position as a major hyperscaler. Article: What’s Going On With Amazon Stock Monday?
• Positive Sentiment: Amazon Haul’s pre-holiday promotion comes as reported customer adoption has surged, potentially bolstering its value-focused retail offering ahead of the holiday season. Article: Amazon Haul Launches Pre-Holiday Deals As Users Jump 350%
• Neutral Sentiment: Reports that Amazon is hiring for a new home-robot product point to a possible future growth initiative, though the product and its commercial potential remain uncertain. Article: Amazon’s Astro home robot has fans but looks destined for the ‘trash heap.’ Why it’s trying again
• Negative Sentiment: Risks include heavy AI-related capital spending and intensifying cloud competition. Amazon’s latest quarter also came in slightly below consensus for both EPS and revenue, tempering the positive growth outlook.

Insiders Place Their Bets

In other Amazon.com news, SVP David Zapolsky sold 9,258 shares of Amazon.com 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 transaction, the senior vice president directly owned 41,190 shares in the company, valued at approximately $10,699,926.30. The trade was a 18.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 Amazon.com stock in a transaction dated 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 owned 119,780 shares in the company, valued at approximately $31,024,217.80. This represents a 1.92% decrease in their ownership of the stock. 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. Insiders have sold 71,589 shares of company stock worth $18,545,595 over the last 90 days. 8.90% of the stock is currently owned by corporate insiders.

Amazon.com Profile

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.