Quadrant Capital Group LLC lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 5.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 275,119 shares of the e-commerce giant’s stock after selling 14,464 shares during the period. Amazon.com makes up 1.9% of Quadrant Capital Group LLC’s holdings, making the stock its 9th biggest holding. Quadrant Capital Group LLC’s holdings in Amazon.com were worth $71,140,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in the business. Red Crane Wealth Management LLC raised its position in shares of Amazon.com by 2.3% in the 1st quarter. Red Crane Wealth Management LLC now owns 1,663 shares of the e-commerce giant’s stock valued at $346,000 after purchasing an additional 38 shares during the last quarter. Stegent Equity Advisors Inc. boosted its stake in Amazon.com by 2.7% in the 3rd quarter. Stegent Equity Advisors Inc. now owns 1,462 shares of the e-commerce giant’s stock worth $364,000 after purchasing an additional 39 shares in the last quarter. Robinson Smith Wealth Advisors LLC grew its position in Amazon.com by 0.7% during the 1st quarter. Robinson Smith Wealth Advisors LLC now owns 5,509 shares of the e-commerce giant’s stock worth $1,147,000 after purchasing an additional 40 shares during the last quarter. Sfam LLC grew its position in Amazon.com by 3.4% during the 1st quarter. Sfam LLC now owns 1,224 shares of the e-commerce giant’s stock worth $255,000 after purchasing an additional 40 shares during the last quarter. Finally, Measured Risk Portfolios Inc. grew its position in Amazon.com by 3.4% during the 1st quarter. Measured Risk Portfolios Inc. now owns 1,206 shares of the e-commerce giant’s stock worth $251,000 after purchasing an additional 40 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.
Analyst Ratings Changes
AMZN has been the topic of a number of recent analyst reports. Tigress Financial restated a “buy” rating and set a $385.00 price target (up from $315.00) on shares of Amazon.com in a research note on Tuesday, October 6th. TD Cowen reiterated a “buy” rating and set a $340.00 price objective (down from $350.00) on shares of Amazon.com in a research note on Friday. Wells Fargo & Company lowered their price objective 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. Phillip Securities raised shares of Amazon.com from a “moderate buy” rating to a “strong-buy” rating in a report on Monday. Finally, Citigroup reissued a “market outperform” rating on shares of Amazon.com in a research report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Amazon.com has an average rating of “Moderate Buy” and an average price target of $321.02.
Check Out Our Latest Stock Report on Amazon.com
Amazon.com News Roundup
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Amazon said commitments for its custom chips have increased more than 20-fold and plans to make Trainium available beyond AWS in late 2027, strengthening its opportunity to monetize AI infrastructure. Article: Amazon Stocks Edge Higher as Custom-Chip Commitments Increase More Than 20-Fold
- Positive Sentiment: Analyst support added momentum: Freedom Broker raised its price target to $330 and maintained a Buy rating, while Phillip Securities upgraded Amazon to Strong Buy. AWS growth is a key part of the bullish case. Freedom Broker rating
- Positive Sentiment: Early Black Friday promotions may support retail sales and customer engagement as Amazon enters the holiday shopping season. Article: Amazon Stock Rises on Early Black Friday Deals and Discounts
- Neutral Sentiment: Amazon’s updated software-engineering guidelines emphasize customer results rather than how much engineers use AI. The shift signals adaptation to AI-assisted development but has no clear immediate financial impact. Article: Amazon rewrites its software engineering playbook
- Negative Sentiment: Investors remain concerned that the AI buildout is weighing on cash generation: reports cited a $34.8 billion free-cash-flow outflow and plans for substantial infrastructure investment. Strong cloud growth may help justify the spending, but returns and funding remain risks. Article: Amazon Lines Up $80 Billion of Supplier Financing
- Negative Sentiment: A separate report highlighted concerns about slowing e-commerce growth and worsening cash burn despite accelerating cloud revenue, tempering the bullish AI narrative. Article: Amazon’s Earnings Just Hit a Record. So Why Is the Stock Down 11% From Its Peak?
Amazon.com Stock Performance
AMZN opened at $250.69 on Wednesday. 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 firm has a 50 day moving average of $253.79 and a two-hundred day moving average of $243.18. The firm has a market capitalization of $2.71 trillion, a PE ratio of 20.27, a P/E/G ratio of 1.86 and a beta of 1.49.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The e-commerce giant reported $1.89 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.08). The business had revenue of $201.94 billion during the quarter, compared to analysts’ expectations of $202.22 billion. Amazon.com had a net margin of 16.90% and a return on equity of 15.72%. The firm’s revenue was up 12.1% on a year-over-year basis. During the same period last year, the company earned $1.95 earnings per share. On average, analysts anticipate that Amazon.com, Inc. will post 7.84 EPS for the current year.
Insider Activity
In related news, CEO Matthew S. Garman sold 14,541 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the completion of the transaction, the chief executive officer directly owned 17,794 shares in the company, valued at $4,609,713.64. The trade was a 44.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas Herrington sold 6,362 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $1,647,821.62. Following the transaction, the chief executive officer owned 476,681 shares of the company’s stock, valued at $123,465,145.81. This represents a 1.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 70,589 shares of company stock valued at $18,302,125 over the last quarter. Insiders own 8.90% of the company’s stock.
Amazon.com 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.
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