Amazon.com, Inc. $AMZN Shares Purchased by Parallel Advisors LLC

Parallel Advisors LLC grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 409,554 shares of the e-commerce giant’s stock after buying an additional 8,783 shares during the quarter. Amazon.com accounts for 1.5% of Parallel Advisors LLC’s portfolio, making the stock its 11th largest position. Parallel Advisors LLC’s holdings in Amazon.com were worth $85,298,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in AMZN. Ironwood Investment Counsel LLC raised its stake in shares of Amazon.com by 2.0% in the 1st quarter. Ironwood Investment Counsel LLC now owns 72,754 shares of the e-commerce giant’s stock valued at $15,153,000 after acquiring an additional 1,424 shares during the period. Planning Alternatives Ltd. ADV boosted its position in Amazon.com by 16.8% during the 1st quarter. Planning Alternatives Ltd. ADV now owns 8,677 shares of the e-commerce giant’s stock worth $1,807,000 after purchasing an additional 1,251 shares during the period. Broderick Brian C boosted its position in Amazon.com by 4.4% during the 1st quarter. Broderick Brian C now owns 75,850 shares of the e-commerce giant’s stock worth $15,797,000 after purchasing an additional 3,167 shares during the period. Decker Wealth Management LLC purchased a new stake in Amazon.com during the 1st quarter worth $6,888,000. Finally, Greenwood Gearhart LLC increased its holdings in Amazon.com by 4.2% in the 1st quarter. Greenwood Gearhart LLC now owns 127,952 shares of the e-commerce giant’s stock valued at $26,649,000 after purchasing an additional 5,169 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on AMZN. Citigroup reissued a “buy” rating and issued a $350.00 price objective (up from $325.00) on shares of Amazon.com in a research report on Friday. Truist Financial increased their target price on Amazon.com from $320.00 to $350.00 and gave the company a “buy” rating in a research note on Friday. HSBC reiterated a “buy” rating and issued a $310.00 target price on shares of Amazon.com in a research note on Friday. Royal Bank Of Canada boosted their price target on Amazon.com from $320.00 to $330.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Needham & Company LLC reissued a “buy” rating and set a $300.00 price target on shares of Amazon.com in a research report on Friday. Fifty-six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $322.56.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $271.58 on Monday. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $278.56. The firm has a market cap of $2.92 trillion, a price-to-earnings ratio of 21.85, a PEG ratio of 2.01 and a beta of 1.45. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. The stock’s 50-day simple moving average is $245.70 and its 200-day simple moving average is $236.15.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, topping the consensus estimate of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The business had revenue of $200.61 billion for the quarter, compared to analysts’ expectations of $197.03 billion. During the same quarter in the previous year, the firm posted $1.68 earnings per share. The company’s revenue was up 19.6% compared to the same quarter last year. As a group, equities analysts anticipate that Amazon.com, Inc. will post 7.84 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP David Zapolsky sold 9,270 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $268.53, for a total transaction of $2,489,273.10. Following the completion of the sale, the senior vice president owned 41,190 shares of the company’s stock, valued at approximately $11,060,750.70. This trade represents a 18.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,363 shares of Amazon.com stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $262.38, for a total transaction of $620,003.94. Following the completion of the sale, the vice president owned 119,780 shares of the company’s stock, valued at approximately $31,427,876.40. This trade represents a 1.93% decrease in their position. 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 sold a total of 76,867 shares of company stock worth $20,253,702 over the last 90 days. 8.90% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Amazon reported record quarterly sales of $200.6 billion, up nearly 20% year over year, while earnings per share of $5.75 significantly exceeded the $1.82 consensus estimate. Operating income rose 43% to $27.5 billion. Amazon second-quarter results
• Positive Sentiment: AWS revenue accelerated 37% to $42.2 billion—its fastest growth in 18 quarters—beating expectations as enterprise AI demand strengthened. The result helped ease concerns that Amazon’s massive AI infrastructure investments would not produce adequate returns. Amazon AWS growth
• Positive Sentiment: Advertising revenue climbed 26% to approximately $19.8 billion, while stronger e-commerce activity and robotics-supported fulfillment added to the broad-based quarterly beat.
• Positive Sentiment: Multiple firms raised their price targets following the results, including JPMorgan to $365, Benchmark to $400, Truist to $350, and RBC to $330. Analysts cited accelerating AWS growth, AI monetization and margin potential. Amazon analyst price targets
• Positive Sentiment: Amazon completed the remaining $35 billion of its planned OpenAI investment, bringing its total commitment to $50 billion. The partnership could support future AWS demand, although it also increases capital commitments. Amazon OpenAI investment
• Neutral Sentiment: Amazon raised its 2026 capital-spending outlook to $220 billion to expand AI and cloud capacity. Management sees demand extending into 2028, but the scale of spending will keep free cash flow and funding requirements under scrutiny.
• Neutral Sentiment: The company expects third-quarter revenue of $197 billion to $202 billion, below the roughly $204.6 billion analyst consensus, creating a potential near-term headwind despite the strong quarter.
• Negative Sentiment: Amazon faces consumer lawsuits alleging misleading seafood sustainability claims and the sale of protein powder allegedly contaminated with heavy metals. The cases could create legal, reputational and compliance costs, though their financial impact is currently unclear. Amazon consumer lawsuit

Amazon.com Company Profile

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.