RWQ Financial Management Services Inc. lessened its position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 10.3% in the third quarter, Holdings Channel.com reports. The firm owned 26,685 shares of the e-commerce giant’s stock after selling 3,080 shares during the period. Amazon.com makes up about 3.7% of RWQ Financial Management Services Inc.’s investment portfolio, making the stock its 12th largest position. RWQ Financial Management Services Inc.’s holdings in Amazon.com were worth $6,649,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. James Hambro & Partners LLP increased its holdings in shares of Amazon.com by 1.3% during the 3rd quarter. James Hambro & Partners LLP now owns 785,685 shares of the e-commerce giant’s stock worth $195,753,000 after acquiring an additional 10,118 shares during the last quarter. Richards Merrill & Peterson Inc. grew its position in shares of Amazon.com by 4.3% during the 3rd quarter. Richards Merrill & Peterson Inc. now owns 52,751 shares of the e-commerce giant’s stock worth $13,143,000 after purchasing an additional 2,156 shares in the last quarter. Kondo Wealth Advisors Inc. raised its holdings in Amazon.com by 0.7% in the 3rd quarter. Kondo Wealth Advisors Inc. now owns 5,768 shares of the e-commerce giant’s stock valued at $1,437,000 after acquiring an additional 41 shares in the last quarter. New Wave Wealth Advisors LLC raised its stake in Amazon.com by 10.9% in the third quarter. New Wave Wealth Advisors LLC now owns 16,154 shares of the e-commerce giant’s stock valued at $4,177,000 after purchasing an additional 1,587 shares in the last quarter. Finally, Talbot Financial LLC lifted its position in Amazon.com by 0.4% during the third quarter. Talbot Financial LLC now owns 291,960 shares of the e-commerce giant’s stock worth $72,742,000 after purchasing an additional 1,187 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Amazon.com
In other Amazon.com news, CEO Andrew R. Jassy sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $5,180,200.00. Following the completion of the sale, the chief executive officer owned 2,235,766 shares in the company, valued at approximately $579,085,751.66. The trade was a 0.89% decrease in their ownership of the stock. The sale 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, CEO Douglas J. Herrington sold 1,000 shares of the firm’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $251.50, for a total value of $251,500.00. Following the completion of the sale, the chief executive officer directly owned 474,681 shares in the company, valued at $119,382,271.50. The trade was a 0.21% decrease in their ownership of the stock. 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 71,589 shares of company stock valued at $18,580,515 over the last quarter. Company insiders own 8.90% of the company’s stock.
Amazon.com News Roundup
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: AWS growth accelerated sharply. Amazon Web Services revenue rose 39% to approximately $46 billion, its fastest growth rate in nearly five years, while AWS generated about 63% of Amazon’s operating profit. CEO Andy Jassy said growth could exceed 40% in 2027 and 2028 as businesses continue migrating workloads to the cloud. Amazon AWS revenue grows 39%, leading to wider margin
- Positive Sentiment: Long-term AI and infrastructure demand remains strong. AWS capacity is reportedly booked through much of next year, and Amazon continues to secure power for expansion, including an agreement supporting more than $3 billion of investment at Maryland’s Calvert Cliffs nuclear plant. Amazon also received approval for its Globalstar deal, supporting its satellite-connectivity ambitions. Amazon wins FCC approval for Globalstar deal
- Neutral Sentiment: Amazon held its 2026 capital-expenditure forecast at $220 billion. Management indicated AI-related spending could be “meaningfully” higher in 2027. The investment may support future AWS and AI growth, but investors are demanding clearer evidence that the spending will generate adequate returns. Amazon CEO sees AI spending meaningfully higher in 2027
- Negative Sentiment: Amazon missed quarterly expectations. Adjusted earnings were $1.89 per share versus the roughly $1.97–$2.01 consensus range, while revenue of $201.9 billion was slightly below forecasts. Earnings also declined from the year-ago period. Amazon lags Q3 earnings and revenue estimates
- Negative Sentiment: The fourth-quarter outlook disappointed investors. Amazon projected holiday-quarter sales largely below Wall Street estimates, raising concerns about slower e-commerce demand as inflation and higher household costs weigh on consumers. Amazon projects fourth-quarter sales below estimates
- Negative Sentiment: Cash-flow pressure intensified. Amazon reported approximately $42.4 billion of negative free cash flow as data-center and AI investment surged. The combination of heavy spending, uncertain payback periods, and broader market anxiety over the AI trade is driving the negative reaction despite AWS’s strong performance. Amazon posts negative free cash flow and holds capex unchanged
Amazon.com Price Performance
Shares of NASDAQ:AMZN opened at $243.79 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $287.20. The firm has a market capitalization of $2.63 trillion, a price-to-earnings ratio of 19.61, a PEG ratio of 1.98 and a beta of 1.45. The stock’s 50 day moving average is $254.67 and its 200-day moving average is $243.12.
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 EPS for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.08). The business had revenue of $201.94 billion for the quarter, compared to the consensus estimate of $202.22 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. The business’s revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.95 earnings per share. Sell-side analysts forecast that Amazon.com, Inc. will post 8.00 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on AMZN. Wells Fargo & Company set a $329.00 price objective on shares of Amazon.com and gave the company an “overweight” rating in a research note on Monday, October 12th. Tigress Financial reaffirmed a “buy” rating and issued a $385.00 price objective (up from $315.00) on shares of Amazon.com in a research note on Tuesday, October 6th. UBS Group reissued a “buy” rating and issued a $348.00 target price (up from $318.00) on shares of Amazon.com in a report on Monday. Mizuho set a $330.00 price objective on shares of Amazon.com and gave the company an “outperform” rating in a research note on Friday, July 31st. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $375.00 price objective (up from $335.00) on shares of Amazon.com in a report on Friday, July 31st. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and an average price target of $325.12.
Check Out Our Latest Stock Report on AMZN
Amazon.com 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.
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