Amazon.com, Inc. $AMZN Shares Sold by Trellis Wealth Advisors LLC

Trellis Wealth Advisors LLC cut its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 12.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,163 shares of the e-commerce giant’s stock after selling 2,572 shares during the quarter. Amazon.com comprises about 1.5% of Trellis Wealth Advisors LLC’s investment portfolio, making the stock its 12th biggest holding. Trellis Wealth Advisors LLC’s holdings in Amazon.com were worth $4,525,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Silvant Capital Management LLC bought a new stake in shares of Amazon.com during the 2nd quarter worth $60,065,000. Public Employees Retirement System of Ohio acquired a new position in shares of Amazon.com in the 2nd quarter worth $909,868,000. Northstar Financial Companies Inc. acquired a new stake in shares of Amazon.com during the second quarter worth $3,376,000. Gryphon Financial Partners LLC raised its position 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 during the period. Finally, First Citizens Bank & Trust Co. raised its position in shares of Amazon.com by 1.7% during the first quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant’s stock worth $63,285,000 after purchasing an additional 5,104 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Amazon.com

In related news, SVP David Zapolsky sold 9,258 shares of the stock in a transaction on 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 directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian T. Olsavsky sold 6,172 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $260.31, for a total value of $1,606,633.32. Following the sale, the chief financial officer owned 109,207 shares of the company’s stock, valued at approximately $28,427,674.17. This represents a 5.35% 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 sold a total of 71,589 shares of company stock worth $18,580,515 over the last 90 days. 8.90% of the stock is currently owned by insiders.

Amazon.com News Summary

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

• Positive Sentiment: AWS growth accelerated significantly. Amazon Web Services revenue rose 39% to approximately $46 billion, its fastest growth in nearly five years. Management said AWS could grow more than 40% annually in 2027 and 2028, supported by AI demand, a large backlog and rising cloud workloads. Analysts including JPMorgan, Canaccord, Monness and RBC maintained bullish ratings or targets, viewing AWS as a potential long-term, trillion-dollar business. AWS growth hits 39 percent
• Positive Sentiment: Amazon continues expanding its AI and adjacent businesses. The company plans to sell its Trainium AI chips externally by late 2027, while Amazon Pharmacy users increased more than 60% year over year and Prime Video reportedly reached profitability. Management also highlighted longer-term opportunities in retail automation, satellite internet and AI infrastructure. Amazon Trainium AI chips
• Neutral Sentiment: Analyst sentiment remains broadly constructive, but targets were trimmed. Several firms reaffirmed Buy or Outperform ratings, with targets generally well above the current trading level. However, Wells Fargo, Morgan Stanley, Wedbush, Scotiabank, Cantor Fitzgerald and others lowered targets, signaling reduced near-term confidence after the earnings release. Amazon price target changes
• Negative Sentiment: Amazon missed both major Q3 estimates. Earnings per share came in at $1.89 versus roughly $1.97–$2.01 expected, while revenue was $201.94 billion compared with about $202.2 billion anticipated. Fourth-quarter revenue guidance was also viewed as soft, raising concerns about holiday-season retail demand. Amazon fourth-quarter guidance
• Negative Sentiment: AI investment is pressuring cash flow and leverage. Amazon spent about $77 billion on property and equipment in Q3 and continues targeting approximately $220 billion in 2026 capital expenditures. Trailing free cash flow fell to a $42.4 billion deficit, while long-term debt increased substantially. Investors are questioning when the spending will generate adequate returns, overshadowing AWS’s strong growth. Amazon AI spending concerns
• Negative Sentiment: Broader technology-sector weakness amplified the selling. Amazon’s report contributed to a wider Nasdaq decline as investors reconsidered whether massive AI infrastructure spending across Big Tech can produce timely profits. Concerns about AI-related debt, cash burn and valuation affected sentiment beyond Amazon itself. Nasdaq and AI spending concerns

Amazon.com Stock Performance

Shares of AMZN opened at $240.35 on Friday. The company’s 50 day moving average price is $254.28 and its 200 day moving average price is $243.09. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $287.20. The company has a market capitalization of $2.59 trillion, a PE ratio of 19.43, a PEG ratio of 1.89 and a beta of 1.45. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data 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). Amazon.com had a net margin of 16.90% and a return on equity of 16.94%. The company had revenue of $201.94 billion during the quarter, compared to analyst estimates of $202.22 billion. During the same quarter in the prior year, the company posted $1.95 EPS. The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. Research analysts expect that Amazon.com, Inc. will post 8.00 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on AMZN shares. Wells Fargo & Company decreased their price target on Amazon.com from $329.00 to $326.00 and set an “overweight” rating for the company in a research report on Friday. Telsey Advisory Group reissued an “outperform” rating and issued a $335.00 price target on shares of Amazon.com in a research note on Friday. Rosenblatt Securities restated a “buy” rating and set a $360.00 price objective on shares of Amazon.com in a report on Friday. DA Davidson set a $250.00 price objective on shares of Amazon.com and gave the company a “neutral” rating in a research note on Friday. Finally, Cantor Fitzgerald reduced their price objective on shares of Amazon.com from $310.00 to $280.00 and set an “overweight” rating for the company in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $320.86.

Amazon.com Company Profile

Amazon.com, Inc is a global technology and e-commerce company founded by Jeff Bezos in 1994. Originally launched as an online bookstore, the company has expanded into a broad digital marketplace offering consumer products across numerous categories, including electronics, household goods, apparel, groceries and other merchandise. Amazon also sells products under its own brands and provides logistics, fulfillment and delivery services that support its retail operations and third-party sellers.

The company’s principal businesses include online and physical retail, Amazon Web Services (AWS), digital advertising, subscription services and consumer technology.