NBT Bank N.A. Purchases 94,699 Shares of Amazon.com, Inc. $AMZN

NBT Bank N.A. purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 94,699 shares of the e-commerce giant’s stock, valued at approximately $23,594,000. Amazon.com comprises approximately 1.6% of NBT Bank N.A.’s portfolio, making the stock its 12th largest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Isthmus Partners LLC increased its stake in Amazon.com by 0.7% in the third quarter. Isthmus Partners LLC now owns 6,067 shares of the e-commerce giant’s stock valued at $1,512,000 after purchasing an additional 41 shares during the period. Root Financial Partners LLC boosted its stake in shares of Amazon.com by 13.4% during the third quarter. Root Financial Partners LLC now owns 47,577 shares of the e-commerce giant’s stock worth $11,854,000 after buying an additional 5,610 shares during the period. Precedent Wealth Partners LLC grew its holdings in shares of Amazon.com by 22.4% during the third quarter. Precedent Wealth Partners LLC now owns 9,957 shares of the e-commerce giant’s stock worth $2,481,000 after buying an additional 1,819 shares during the last quarter. Cadinha & Co. LLC increased its position in Amazon.com by 0.9% in the 3rd quarter. Cadinha & Co. LLC now owns 79,400 shares of the e-commerce giant’s stock valued at $19,783,000 after acquiring an additional 690 shares during the period. Finally, Powell Investment Advisors LLC increased its position in Amazon.com by 1.0% in the 3rd quarter. Powell Investment Advisors LLC now owns 38,160 shares of the e-commerce giant’s stock valued at $9,508,000 after acquiring an additional 360 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com News Roundup

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

Insider Buying and Selling

In other Amazon.com news, VP Shelley Reynolds sold 2,343 shares of the firm’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $606,860.43. Following the completion of the sale, the vice president owned 119,780 shares of the company’s stock, valued at approximately $31,024,217.80. This trade represents a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas Herrington sold 1,000 shares of the business’s stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $243.47, for a total transaction of $243,470.00. Following the sale, the chief executive officer owned 473,681 shares in the company, valued at $115,327,113.07. The trade was a 0.21% 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 71,589 shares of company stock valued at $18,545,595 in the last quarter. Corporate insiders own 8.90% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN stock opened at $260.21 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 0.28. The stock has a 50 day simple moving average of $253.89 and a 200-day simple moving average of $243.43. The company has a market cap of $2.81 trillion, a price-to-earnings ratio of 21.04, a price-to-earnings-growth ratio of 2.02 and a beta of 1.49. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results 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 business had revenue of $201.94 billion during the quarter, compared to analysts’ expectations of $202.22 billion. During the same quarter last year, the firm earned $1.95 earnings per share. The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. On average, equities analysts forecast that Amazon.com, Inc. will post 7.80 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on AMZN. Mizuho lifted their target price on Amazon.com from $330.00 to $335.00 and gave the company an “outperform” rating in a research note on Friday, October 30th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $325.00 price target (up from $315.00) on shares of Amazon.com in a research note on Friday, July 31st. Wolfe Research reaffirmed an “outperform” rating and set a $315.00 price target on shares of Amazon.com in a report on Friday, July 31st. Bank of America reiterated a “buy” rating and issued a $317.00 price objective on shares of Amazon.com in a research report on Friday, October 30th. Finally, TD Cowen reissued a “buy” rating and issued a $340.00 price objective (down from $350.00) on shares of Amazon.com in a research note on Friday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-five have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and a consensus price target 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.