Amazon.com, Inc. $AMZN Shares Purchased by Capelight Capital Asset Management LP

Capelight Capital Asset Management LP boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 44.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,225 shares of the e-commerce giant’s stock after acquiring an additional 11,225 shares during the quarter. Amazon.com accounts for approximately 3.5% of Capelight Capital Asset Management LP’s investment portfolio, making the stock its 9th biggest position. Capelight Capital Asset Management LP’s holdings in Amazon.com were worth $9,025,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AMZN. Red Crane Wealth Management LLC lifted its holdings in Amazon.com by 2.3% during the 1st quarter. Red Crane Wealth Management LLC now owns 1,663 shares of the e-commerce giant’s stock worth $346,000 after buying an additional 38 shares in the last quarter. Stegent Equity Advisors Inc. grew its stake in shares of Amazon.com by 2.7% in the third quarter. Stegent Equity Advisors Inc. now owns 1,462 shares of the e-commerce giant’s stock worth $364,000 after acquiring an additional 39 shares in the last quarter. Robinson Smith Wealth Advisors LLC increased its position in shares of Amazon.com by 0.7% during the first quarter. Robinson Smith Wealth Advisors LLC now owns 5,509 shares of the e-commerce giant’s stock worth $1,147,000 after acquiring an additional 40 shares during the period. Sfam LLC increased its position in shares of Amazon.com by 3.4% during the first quarter. Sfam LLC now owns 1,224 shares of the e-commerce giant’s stock worth $255,000 after acquiring an additional 40 shares during the period. Finally, Measured Risk Portfolios Inc. raised its stake in shares of Amazon.com by 3.4% in the first quarter. Measured Risk Portfolios Inc. now owns 1,206 shares of the e-commerce giant’s stock valued at $251,000 after acquiring an additional 40 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com News Roundup

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

• Positive Sentiment: AWS growth and backlog support the AI investment case. AWS revenue grew 39.3% in the latest quarter, its fastest pace in nearly five years, while its reported backlog reached $578 billion. That contracted demand may help justify Amazon’s substantial infrastructure investment. Article: Andy Jassy Just Delivered Great News for Amazon Stock Investors
• Positive Sentiment: Anthropic’s planned IPO could highlight the value of Amazon’s stake and cloud relationship. Reports describe Amazon as a major investor and cloud provider to Anthropic; the proposed offering could put a substantial valuation on its stake, while Anthropic’s infrastructure commitments could also generate AWS business. Any stake valuation remains a paper estimate until shares trade. Article: Amazon and Google Will See Big Paydays from Anthropic IPO
• Positive Sentiment: UK approval expands Amazon’s drone-delivery opportunity. Regulatory clearance allows Amazon to extend eligible deliveries in Darlington to about 8,000 customers, providing a potential route to faster service and more efficient fulfillment. Article: UK aviation regulator clears Amazon for expanded drone delivery
• Neutral Sentiment: Ring’s new home-security devices and Amazon’s holiday promotions add product and seasonal-sales visibility, but their financial contribution is not yet clear. Article: Amazon’s Ring launches flying camera, autonomous security robot
• Negative Sentiment: AI infrastructure spending remains a key risk. Amazon’s large capital-spending plans could pressure cash flow if cloud and AI demand do not translate into returns quickly enough; data-center power, permitting and cost concerns add uncertainty. Article: Amazon Faces a $1.2 Trillion AI Spending Question
• Negative Sentiment: Amazon agreed to pay $3 million to Arizona Prime members to resolve allegations related to its subscription-cancellation process, a modest financial cost but a potential reputational and regulatory concern. Article: Amazon agrees to pay $3M to Arizona Prime members

Insider Activity

In other Amazon.com news, VP Shelley Reynolds sold 2,343 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $606,860.43. Following the transaction, the vice president directly owned 119,780 shares in the company, valued at $31,024,217.80. This represents a 1.92% decrease in their ownership of the stock. The sale 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 Matthew Garman sold 14,541 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the sale, the chief executive officer directly owned 17,794 shares in the company, valued at approximately $4,609,713.64. The trade was a 44.97% 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. Insiders have sold 71,589 shares of company stock valued at $18,545,595 over the last 90 days. Insiders own 8.90% of the company’s stock.

Amazon.com Stock Up 1.5%

Shares of NASDAQ AMZN opened at $270.87 on Wednesday. The company has a market capitalization of $2.93 trillion, a price-to-earnings ratio of 21.90, a price-to-earnings-growth ratio of 2.03 and a beta of 1.49. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.99 and a quick ratio of 0.82. The business has a 50-day moving average of $254.19 and a two-hundred day moving average of $243.93. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20.

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

Analyst Ratings Changes

A number of research firms recently issued reports on AMZN. Wells Fargo & Company decreased their target price on Amazon.com from $329.00 to $326.00 and set an “overweight” rating for the company in a report on Friday, October 30th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Amazon.com in a research report on Tuesday, October 20th. TD Cowen reiterated 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. Cantor Fitzgerald lowered their price objective on Amazon.com from $310.00 to $280.00 and set an “overweight” rating for the company in a research report on Friday, October 30th. Finally, HSBC reissued a “buy” rating and set a $310.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, fifty-five have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $321.74.

Amazon.com Company Profile

Amazon.com, Inc. is a technology and e-commerce company founded by Jeff Bezos in 1994 as an online bookstore. It has since grown into a global business serving consumers, sellers, developers, enterprises and content creators. Amazon operates online stores and marketplaces, where it sells products directly and enables third-party sellers to reach customers. Its other businesses include Amazon Web Services, which provides cloud computing and related services; digital advertising; Prime memberships; and entertainment offerings such as streaming video and music.