Western Pacific Wealth Management LP Reduces Stock Holdings in Amazon.com, Inc. $AMZN

Western Pacific Wealth Management LP lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 24.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 30,385 shares of the e-commerce giant’s stock after selling 9,762 shares during the quarter. Amazon.com comprises 6.5% of Western Pacific Wealth Management LP’s portfolio, making the stock its 6th largest position. Western Pacific Wealth Management LP’s holdings in Amazon.com were worth $6,672,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Wilson Asset Management International PTY Ltd. purchased a new stake in shares of Amazon.com during the second quarter valued at approximately $11,102,000. ARK Investment Management LLC raised its holdings in shares of Amazon.com by 8.3% during the second quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock valued at $250,213,000 after purchasing an additional 86,978 shares during the last quarter. Buckhead Capital Management LLC grew its position in Amazon.com by 16.1% in the 2nd quarter. Buckhead Capital Management LLC now owns 28,407 shares of the e-commerce giant’s stock worth $6,232,000 after purchasing an additional 3,948 shares during the period. Border to Coast Pensions Partnership Ltd raised its stake in Amazon.com by 6.0% during the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock valued at $249,295,000 after buying an additional 63,924 shares during the last quarter. Finally, Alpha Wealth Funds LLC increased its position in Amazon.com by 172.8% during the second quarter. Alpha Wealth Funds LLC now owns 3,012 shares of the e-commerce giant’s stock valued at $667,000 after acquiring an additional 1,908 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Amazon.com

In related news, Director Daniel P. Huttenlocher sold 1,237 shares of Amazon.com stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $226.61, for a total transaction of $280,316.57. Following the completion of the sale, the director owned 26,148 shares in the company, valued at $5,925,398.28. This trade represents a 4.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Keith Brian Alexander sold 900 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $233.00, for a total transaction of $209,700.00. Following the completion of the sale, the director directly owned 7,170 shares of the company’s stock, valued at approximately $1,670,610. This trade represents a 11.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 79,734 shares of company stock valued at $18,534,017. 9.70% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of analyst reports. Pivotal Research increased their price target on Amazon.com from $285.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. JMP Securities set a $300.00 target price on shares of Amazon.com in a research report on Friday, October 31st. CIBC boosted their price target on shares of Amazon.com to $315.00 in a research report on Monday, October 20th. Rothschild & Co Redburn restated a “neutral” rating and set a $250.00 target price on shares of Amazon.com in a research report on Tuesday, November 18th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $300.00 price objective (up from $275.00) on shares of Amazon.com in a research note on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $295.61.

Amazon.com News Roundup

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

• Positive Sentiment: AWS launches a Europe-only “sovereign cloud” — a physically and logically isolated AWS region in Germany that targets government and regulated customers, strengthening AWS’s competitive position in Europe and reducing regulatory risk for large enterprise deals. Article Title
• Positive Sentiment: Analyst bullishness on high-margin businesses: TD Cowen and others are raising price targets and highlighting advertising and AI-driven cloud growth (advertising seen as a multi-decade revenue tailwind). These calls support upside to consensus earnings and valuation. Article Title
• Neutral Sentiment: Amazon is seeking supplier price concessions (reports say up to ~30%) after tariff changes — this could improve gross margins if realized, but may pressure vendor relationships and is not guaranteed. Article Title
• Neutral Sentiment: Amazon is buying new domestic copper output for data-center construction (securing supply for capex) — a strategic, operational move to support AWS data-center rollout, but with upfront procurement costs. Article Title
• Negative Sentiment: Legal and regulatory overhangs: Amazon is contesting an Italian antitrust fine and is involved in court fights related to Saks Global’s bankruptcy (Amazon had an equity stake) — these create headline risk and potential cash/branding exposure. Article Title Article Title
• Negative Sentiment: Analyst/market reactions: Some firms are trimming price targets or flagging risks (e.g., Cantor Fitzgerald cut its PT), contributing to today’s pullback despite the positive operational news. Article Title

Amazon.com Stock Down 2.5%

Shares of NASDAQ:AMZN opened at $236.65 on Thursday. The firm has a market capitalization of $2.53 trillion, a PE ratio of 33.43, a price-to-earnings-growth ratio of 1.52 and a beta of 1.37. The business has a 50 day simple moving average of $232.66 and a two-hundred day simple moving average of $228.35. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.01 and a quick ratio of 0.80.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a return on equity of 23.62% and a net margin of 11.06%.The firm had revenue of $180.17 billion during the quarter, compared to analyst estimates of $177.53 billion. During the same period last year, the company earned $1.43 EPS. Amazon.com’s quarterly revenue was up 13.4% compared to the same quarter last year. On average, equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

About Amazon.com

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.