Mirador Capital Partners LP Buys 12,550 Shares of Amazon.com, Inc. $AMZN

Mirador Capital Partners LP increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 11.2% during the second quarter, Holdings Channel reports. The firm owned 124,393 shares of the e-commerce giant’s stock after acquiring an additional 12,550 shares during the period. Amazon.com makes up approximately 3.6% of Mirador Capital Partners LP’s investment portfolio, making the stock its 5th biggest position. Mirador Capital Partners LP’s holdings in Amazon.com were worth $29,648,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Gryphon Financial Partners LLC grew its holdings in shares of Amazon.com by 7.5% during the 1st quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant’s stock valued at $15,221,000 after purchasing an additional 5,125 shares during the last quarter. First Citizens Bank & Trust Co. lifted its stake in Amazon.com by 1.7% in the 1st quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant’s stock valued at $63,285,000 after purchasing an additional 5,104 shares during the last quarter. Narwhal Capital Management boosted its position in Amazon.com by 2.3% in the fourth quarter. Narwhal Capital Management now owns 216,606 shares of the e-commerce giant’s stock valued at $49,997,000 after buying an additional 4,854 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in Amazon.com by 21.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 24,653,228 shares of the e-commerce giant’s stock valued at $5,690,463,000 after buying an additional 4,275,942 shares in the last quarter. Finally, Weaver Capital Management LLC grew its stake in shares of Amazon.com by 13.6% during the fourth quarter. Weaver Capital Management LLC now owns 39,264 shares of the e-commerce giant’s stock worth $9,063,000 after buying an additional 4,713 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Down 0.5%

Shares of AMZN opened at $261.31 on Tuesday. The stock’s 50-day moving average price is $248.23 and its two-hundred day moving average price is $238.78. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $287.20. The company has a market capitalization of $2.82 trillion, a PE ratio of 21.02, a PEG ratio of 1.75 and a beta of 1.45. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, beating 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 company had revenue of $200.61 billion during the quarter, compared to analysts’ expectations of $197.03 billion. During the same quarter in the prior year, the firm posted $1.68 earnings per share. The business’s quarterly revenue was up 19.6% on a year-over-year basis. On average, analysts anticipate that Amazon.com, Inc. will post 8.05 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on AMZN. Barclays reiterated an “overweight” rating and set a $365.00 price target (up from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Phillip Securities downgraded Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, August 3rd. TD Cowen reissued a “buy” rating and set a $350.00 price target (up from $340.00) on shares of Amazon.com in a research note on Friday, July 31st. Bank of America boosted their price target on Amazon.com from $310.00 to $320.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, Royal Bank Of Canada upped their price objective on Amazon.com from $320.00 to $330.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $322.56.

More Amazon.com News

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

• Positive Sentiment: Morgan Stanley maintained a Buy rating and a $335 price target, arguing that AWS could eventually become a $1 trillion annual-revenue business. The firm’s bullish case sees substantial upside if AI demand supports sustained cloud growth and improved earnings. Amazon Maintained at Buy as Analyst Sees Trillion-Dollar AWS Opportunity
• Positive Sentiment: Several prominent investors increased their Amazon exposure. Stanley Druckenmiller raised Duquesne’s position by more than 11 times, David Tepper made Amazon Appaloosa’s largest holding, and Peter Thiel’s fund listed AMZN as its top disclosed stock. These filings reinforce institutional confidence in Amazon’s AI and cloud strategy. Billionaire Investors’ Amazon Positions
• Positive Sentiment: Investor commentary highlighted AWS’s internally developed chips as a potentially underappreciated business that could improve Amazon’s AI economics and create additional strategic value. Amazon’s Underappreciated Chip Business
• Positive Sentiment: Amazon’s investment in Anthropic has become large enough to affect reported earnings, adding potential upside from AI-related holdings, although private-company valuations can be difficult to realize. Amazon’s Anthropic Investment

Insiders Place Their Bets

In other Amazon.com news, CEO Andrew R. Jassy sold 20,000 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $263.42, for a total transaction of $5,268,400.00. Following the completion of the sale, the chief executive officer owned 2,205,766 shares of the company’s stock, valued at approximately $581,042,879.72. This represents a 0.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, 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 the firm’s stock in a transaction that occurred 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 transaction, the vice president owned 119,780 shares of the company’s stock, valued at approximately $31,427,876.40. The trade was a 1.93% 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 sold a total of 62,650 shares of company stock valued at $16,535,457 over the last three months. Insiders own 8.90% of the company’s stock.

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.