John G Ullman & Associates Inc. Cuts Stock Position in Amazon.com, Inc. $AMZN

John G Ullman & Associates Inc. decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 6.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,233 shares of the e-commerce giant’s stock after selling 4,054 shares during the quarter. Amazon.com comprises approximately 1.7% of John G Ullman & Associates Inc.’s holdings, making the stock its 14th biggest holding. John G Ullman & Associates Inc.’s holdings in Amazon.com were worth $13,170,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Kera Capital Partners Inc. increased its holdings in Amazon.com by 0.8% in the 1st quarter. Kera Capital Partners Inc. now owns 46,162 shares of the e-commerce giant’s stock valued at $9,614,000 after purchasing an additional 368 shares in the last quarter. SK Wealth Management LLC lifted its stake in shares of Amazon.com by 2.3% during the first quarter. SK Wealth Management LLC now owns 6,598 shares of the e-commerce giant’s stock worth $1,404,000 after purchasing an additional 148 shares in the last quarter. Cornerstone Planning Group LLC lifted its stake in shares of Amazon.com by 6.0% during the first quarter. Cornerstone Planning Group LLC now owns 14,761 shares of the e-commerce giant’s stock worth $3,074,000 after purchasing an additional 841 shares in the last quarter. Gryphon Financial Partners LLC lifted its stake in shares of Amazon.com by 7.5% during the first quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant’s stock worth $15,221,000 after purchasing an additional 5,125 shares in the last quarter. Finally, Townsend Asset Management Corp NC ADV boosted its position in shares of Amazon.com by 2.1% in the first quarter. Townsend Asset Management Corp NC ADV now owns 69,999 shares of the e-commerce giant’s stock worth $14,579,000 after buying an additional 1,418 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on AMZN. Maxim Group increased their target price on Amazon.com from $290.00 to $315.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Citigroup reissued a “buy” rating and set a $350.00 price target (up from $325.00) on shares of Amazon.com in a research report on Friday. Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a report on Thursday, June 18th. Scotiabank reaffirmed an “outperform” rating and issued a $325.00 price objective (up from $275.00) on shares of Amazon.com in a research report on Thursday, April 30th. Finally, Benchmark lifted their price objective on shares of Amazon.com from $370.00 to $400.00 and gave the company a “buy” rating in a research note on Friday. Fifty-six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $322.12.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Amazon reported record quarterly sales of $200.6 billion, up nearly 20% year over year, while earnings per share of $5.75 significantly exceeded the $1.82 consensus estimate. Operating income rose 43% to $27.5 billion. Amazon second-quarter results
• Positive Sentiment: AWS revenue accelerated 37% to $42.2 billion—its fastest growth in 18 quarters—beating expectations as enterprise AI demand strengthened. The result helped ease concerns that Amazon’s massive AI infrastructure investments would not produce adequate returns. Amazon AWS growth
• Positive Sentiment: Advertising revenue climbed 26% to approximately $19.8 billion, while stronger e-commerce activity and robotics-supported fulfillment added to the broad-based quarterly beat.
• Positive Sentiment: Multiple firms raised their price targets following the results, including JPMorgan to $365, Benchmark to $400, Truist to $350, and RBC to $330. Analysts cited accelerating AWS growth, AI monetization and margin potential. Amazon analyst price targets
• Positive Sentiment: Amazon completed the remaining $35 billion of its planned OpenAI investment, bringing its total commitment to $50 billion. The partnership could support future AWS demand, although it also increases capital commitments. Amazon OpenAI investment
• Neutral Sentiment: Amazon raised its 2026 capital-spending outlook to $220 billion to expand AI and cloud capacity. Management sees demand extending into 2028, but the scale of spending will keep free cash flow and funding requirements under scrutiny.
• Neutral Sentiment: The company expects third-quarter revenue of $197 billion to $202 billion, below the roughly $204.6 billion analyst consensus, creating a potential near-term headwind despite the strong quarter.
• Negative Sentiment: Amazon faces consumer lawsuits alleging misleading seafood sustainability claims and the sale of protein powder allegedly contaminated with heavy metals. The cases could create legal, reputational and compliance costs, though their financial impact is currently unclear. Amazon consumer lawsuit

Amazon.com Trading Up 15.3%

NASDAQ:AMZN opened at $271.58 on Friday. The stock has a market cap of $2.92 trillion, a price-to-earnings ratio of 21.85, a price-to-earnings-growth ratio of 1.75 and a beta of 1.46. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $278.56. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18. The business’s 50-day simple moving average is $245.70 and its 200 day simple moving average is $236.22.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.82 by $3.93. Amazon.com had a return on equity of 19.59% and a net margin of 17.44%.The firm had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. During the same quarter last year, the firm earned $1.68 EPS. Amazon.com’s quarterly revenue was up 19.6% on a year-over-year basis. As a group, sell-side analysts predict that Amazon.com, Inc. will post 7.84 earnings per share for the current fiscal year.

Insider Activity at Amazon.com

In other news, VP Shelley Reynolds sold 2,363 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $262.38, for a total transaction of $620,003.94. Following the completion of the sale, the vice president owned 119,780 shares of the company’s stock, valued at approximately $31,427,876.40. This trade represents a 1.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,270 shares of Amazon.com stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $268.53, for a total transaction of $2,489,273.10. Following the completion of the sale, the senior vice president owned 41,190 shares of the company’s stock, valued at approximately $11,060,750.70. This trade represents a 18.37% 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. In the last 90 days, insiders sold 135,719 shares of company stock worth $36,438,002. 8.90% of the stock is currently owned by insiders.

Amazon.com Company Profile

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.