Rockland Trust Co. Buys 51,088 Shares of Amazon.com, Inc. $AMZN

Rockland Trust Co. increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 351.8% during the third quarter, Holdings Channel reports. The firm owned 65,609 shares of the e-commerce giant’s stock after acquiring an additional 51,088 shares during the period. Rockland Trust Co.’s holdings in Amazon.com were worth $14,406,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC lifted its stake in Amazon.com by 10.9% during the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after purchasing an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Amazon.com by 4.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock worth $5,495,000 after buying an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its position in shares of Amazon.com by 2.8% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock worth $442,481,000 after buying an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE boosted its stake in Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after buying an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC acquired a new stake in Amazon.com in the fourth quarter valued at about $2,153,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analysts Set New Price Targets

AMZN has been the topic of a number of research analyst reports. Citizens Jmp raised their price target on shares of Amazon.com from $300.00 to $315.00 and gave the company an “outperform” rating in a research note on Monday, February 2nd. Needham & Company LLC restated a “buy” rating and issued a $265.00 target price on shares of Amazon.com in a research report on Friday, February 6th. New Street Research decreased their target price on shares of Amazon.com from $350.00 to $285.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Guggenheim reiterated a “buy” rating and issued a $300.00 price target on shares of Amazon.com in a research note on Friday, February 6th. Finally, Cantor Fitzgerald set a $250.00 price objective on Amazon.com and gave the company an “overweight” rating in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average price target of $287.29.

Amazon.com Stock Up 0.2%

Shares of NASDAQ:AMZN opened at $208.73 on Wednesday. The firm has a market cap of $2.24 trillion, a P/E ratio of 29.11, a P/E/G ratio of 1.56 and a beta of 1.40. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60. The business has a fifty day simple moving average of $225.79 and a 200 day simple moving average of $227.47. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.02). Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The company had revenue of $213.39 billion during the quarter, compared to analyst estimates of $211.02 billion. During the same period in the previous year, the company posted $1.86 EPS. The company’s quarterly revenue was up 13.6% on a year-over-year basis. Analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Key Amazon.com News

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

• Positive Sentiment: Goldman and other analysts called Amazon’s strategic partnership and investment commitment with OpenAI a strong competitive proof point for AWS’s AI positioning, supporting upside to cloud revenue and customer workloads. Amazon’s OpenAI tie-up ‘positive proof’ for AI growth, Goldman says
• Positive Sentiment: AWS revenue is accelerating (recently +24% YoY) and analysts point to faster cloud growth and lofty price targets that underpin a rebound thesis after the February selloff. Amazon’s Drop Was Loud, But Its Rebound Could Be Louder
• Positive Sentiment: Amazon is expanding AI/data infrastructure — buying George Washington University’s Virginia campus and investing heavily in Spain — moves that scale AWS capacity for AI workloads. Those investments support long‑term AWS monetization. Amazon (AMZN) Invests $427 Million in New AI Data Hub
• Positive Sentiment: Product & logistics innovation persists — Amazon launched a 15‑minute delivery rollout in Brazil and rolled out an AI “Canvas” for sellers, which could boost marketplace engagement and unit economics over time. Amazon Deploys 15-Minute Delivery in Brazil Expansion Amazon Gives Sellers an Agentic Window Into Their Business
• Neutral Sentiment: Amazon is pruning non-core apps (Wondery app and Wondery+ subscription will close), a limited consumer-facing re‑org that is unlikely to move revenues materially. Amazon Is Shutting Down The Wondery App
• Negative Sentiment: Operational disruption: AWS confirmed drone strikes and fire damage at data centers in the UAE and Bahrain, causing outages and prompting customer migrations and prolonged recovery risk — a clear near‑term negative for reliability and reputation in the region. Amazon data center unit says drone strikes damaged UAE and Bahrain facilities
• Negative Sentiment: Geopolitical fallout prompted Amazon to temporarily close corporate offices in the Middle East and disrupted some services — a catalyst for short‑term declines amid broader market risk. Nvidia, Amazon temporarily close Dubai offices, Google employees stranded amid U.S.-Iran war
• Negative Sentiment: Financial concern: the market remains sensitive to Amazon’s planned ~ $200B capex and a steep free‑cash‑flow decline last year — a spending profile that explains prior heavy selling and keeps short‑term downside risk elevated. Amazon’s Drop Was Loud, But Its Rebound Could Be Louder
• Negative Sentiment: Insider selling and some hedge‑fund trimming have been reported, which can weigh on sentiment even if driven by routine portfolio moves. Amazon Stock (AMZN) Opinions on Data Center Acquisition and Middle East Disruptions

Insider Buying and Selling at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 2,695 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.90, for a total transaction of $554,900.50. Following the completion of the transaction, the vice president owned 119,780 shares in the company, valued at approximately $24,662,702. This trade represents a 2.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.18, for a total transaction of $4,077,336.96. Following the completion of the transaction, the chief executive officer owned 2,238,118 shares in the company, valued at $459,217,051.24. This trade represents a 0.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 70,686 shares of company stock worth $14,484,489. Company insiders own 10.80% of the company’s stock.

About Amazon.com

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.