Amazon.com, Inc. $AMZN Stock Position Boosted by Root Financial Partners LLC

Root Financial Partners LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 13.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 47,577 shares of the e-commerce giant’s stock after buying an additional 5,610 shares during the period. Amazon.com makes up approximately 0.4% of Root Financial Partners LLC’s holdings, making the stock its 28th biggest holding. Root Financial Partners LLC’s holdings in Amazon.com were worth $11,854,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp increased its stake in Amazon.com by 5.5% in the 2nd quarter. State Street Corp now owns 411,848,346 shares of the e-commerce giant’s stock worth $95,504,904,000 after buying an additional 21,398,025 shares during the period. Bank of America Corp DE purchased a new stake in Amazon.com in the 2nd quarter valued at about $22,218,775,000. Bank of New York Mellon Corp purchased a new stake in Amazon.com in the 2nd quarter valued at about $16,341,405,000. Amundi grew its stake in Amazon.com by 3.9% in the 2nd quarter. Amundi now owns 63,822,242 shares of the e-commerce giant’s stock worth $15,211,393,000 after acquiring an additional 2,421,739 shares in the last quarter. Finally, Legal & General Group Plc bought a new position in Amazon.com in the 2nd quarter worth about $12,831,376,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Douglas Herrington sold 1,000 shares of the firm’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $243.47, for a total value of $243,470.00. Following the sale, the chief executive officer directly owned 473,681 shares in the company, valued at approximately $115,327,113.07. This trade represents a 0.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Jassy sold 20,000 shares of Amazon.com stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the completion of the transaction, the chief executive officer directly owned 2,235,766 shares in the company, valued at approximately $579,085,751.66. The trade was a 0.89% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 71,589 shares of company stock worth $18,545,595. Insiders own 8.90% of the company’s stock.

Key Amazon.com News

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

• Positive Sentiment: AWS and AI opportunities support the long-term outlook. AWS growth has accelerated, and CEO Andy Jassy has indicated the cloud business could grow around 40% in 2027 and 2028. Amazon’s stake in Anthropic could also gain value if the AI company proceeds with a potential IPO, although the outcome is uncertain. AWS growth outlook Amazon’s Anthropic investment
• Positive Sentiment: New customer and shopping features could strengthen Prime. Amazon’s Uber Eats partnership lets Prime members order restaurant meals through Amazon, while expanded Alexa shopping tools add functions for managing subscriptions, billing questions, and lists. These moves may boost engagement, though their near-term financial impact is unclear. Uber Eats partnership Alexa shopping functions
• Neutral Sentiment: Amazon plans to raise U.S. marketplace fulfillment fees by an average of 19 cents per item in 2027. The increase could help offset costs but may add pressure on sellers. Seller fee changes
• Negative Sentiment: Market-wide tech weakness and spending concerns weighed on sentiment. Amazon shares pulled back as a technology selloff erased earlier gains. Investors are also weighing Amazon’s recent earnings miss against substantial AI and data-center investment, which raises concerns about cash flow and the timing of returns—even as AWS demand remains strong. Technology selloff Earnings and spending concerns
• Negative Sentiment: FTC allegations add advertising-related regulatory risk. The FTC alleges Amazon misled advertisers about the reasons for increases in ad prices around major shopping events, potentially adding legal and reputational concerns. FTC allegations

Amazon.com Trading Down 2.2%

AMZN opened at $260.21 on Friday. The firm has a market cap of $2.81 trillion, a price-to-earnings ratio of 21.04, a PEG ratio of 2.02 and a beta of 1.49. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 0.28. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $287.20. The stock has a fifty day moving average price of $253.89 and a 200-day moving average price of $243.43.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, October 29th. The e-commerce giant reported $1.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.08). Amazon.com had a net margin of 16.90% and a return on equity of 15.72%. The company had revenue of $201.94 billion for the quarter, compared to the consensus estimate of $202.22 billion. During the same period in the previous year, the business earned $1.95 EPS. Amazon.com’s revenue for the quarter was up 12.1% compared to the same quarter last year. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 7.80 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Wells Fargo & Company decreased their price target on shares of Amazon.com from $329.00 to $326.00 and set an “overweight” rating for the company in a research note on Friday, October 30th. Needham & Company LLC restated a “buy” rating and set a $300.00 price target on shares of Amazon.com in a research note on Friday, July 31st. HSBC reaffirmed a “buy” rating and issued a $310.00 price objective on shares of Amazon.com in a research note on Friday, July 31st. Truist Financial set a $390.00 target price on shares of Amazon.com in a report on Friday, October 30th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $325.00 target price (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. Two investment 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 stock. According to MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and an average target price of $321.74.

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.