Envestnet Portfolio Solutions Inc. Purchases 2,511 Shares of Amazon.com, Inc. $AMZN

Envestnet Portfolio Solutions Inc. raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 553,350 shares of the e-commerce giant’s stock after buying an additional 2,511 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Amazon.com were worth $121,499,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Fairway Wealth LLC boosted its holdings in Amazon.com by 113.2% in the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after acquiring an additional 60 shares in the last quarter. Sellwood Investment Partners LLC bought a new stake in shares of Amazon.com in the 3rd quarter worth $27,000. Cooksen Wealth LLC grew its position in Amazon.com by 23.5% in the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock worth $54,000 after purchasing an additional 47 shares in the last quarter. PayPay Securities Corp increased its stake in Amazon.com by 62.3% in the 3rd quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant’s stock valued at $55,000 after buying an additional 96 shares during the last quarter. Finally, Access Investment Management LLC bought a new position in shares of Amazon.com during the 2nd quarter worth approximately $74,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on AMZN shares. Wells Fargo & Company increased their price target on shares of Amazon.com from $301.00 to $305.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. Bank of America dropped their price objective on shares of Amazon.com from $303.00 to $286.00 and set a “buy” rating on the stock in a report on Tuesday, January 27th. Wedbush cut their price objective on shares of Amazon.com from $340.00 to $300.00 and set an “outperform” rating for the company in a report on Friday, February 6th. DA Davidson reiterated a “neutral” rating and set a $175.00 price objective (down from $300.00) on shares of Amazon.com in a research note on Friday, February 6th. Finally, Roth Mkm reaffirmed a “buy” rating and set a $295.00 price objective (up previously from $270.00) on shares of Amazon.com in a research note on Monday, January 26th. Fifty-five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $288.60.

Insider Buying and Selling

In related news, Director Daniel P. Huttenlocher sold 1,237 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $226.61, for a total value of $280,316.57. Following the transaction, the director directly owned 26,148 shares of the company’s stock, valued at approximately $5,925,398.28. This represents a 4.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Matthew S. Garman sold 17,768 shares of Amazon.com stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $216.90, for a total value of $3,853,879.20. Following the completion of the sale, the chief executive officer owned 6,273 shares of the company’s stock, valued at $1,360,613.70. The trade was a 73.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 47,061 shares of company stock worth $10,351,262 over the last three months. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Stock Performance

Amazon.com stock opened at $204.25 on Thursday. The company has a market capitalization of $2.19 trillion, a PE ratio of 28.49, a P/E/G ratio of 1.33 and a beta of 1.37. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16. The firm has a fifty day simple moving average of $231.89 and a two-hundred day simple moving average of $229.29.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The business had revenue of $213.39 billion for the quarter, compared to analysts’ expectations of $211.02 billion. During the same quarter in the prior year, the firm earned $1.86 EPS. The firm’s revenue for the quarter was up 13.6% on a year-over-year basis. Research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Amazon.com News Roundup

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

• Positive Sentiment: Amazon Pharmacy will expand same‑day prescription delivery to nearly 4,500 U.S. cities and towns by year‑end — this materially scales a higher‑margin services business and improves growth/market share in healthcare delivery. Amazon Pharmacy expands same‑day delivery (Reuters)
• Positive Sentiment: The FCC approved Amazon’s request to launch an additional 4,500 LEO satellites, advancing its Project Kuiper/LEO internet strategy and strengthening long‑term connectivity and AWS edge opportunities. FCC approves 4,500 LEO satellites (CNBC)
• Positive Sentiment: Amazon disclosed a roughly 5% stake in Beta Technologies, signaling continued strategic investments in logistics/transport innovation that could support long‑term delivery cost reduction and sustainability goals. Amazon stake in Beta Technologies (TipRanks)
• Neutral Sentiment: Analysts continue to reprice targets: Arete raised its price target to $285 while Daiwa trimmed its target to $280 (still Buy ratings) — mixed analyst moves that reflect diverging views on the timing of returns from capex. Arete raises PT to $285 Daiwa trims PT to $280
• Neutral Sentiment: Amazon is exploring an AI content marketplace for publishers — a potential new revenue stream for Bedrock/AI services but execution and monetization are uncertain. Amazon AI content marketplace (Blockonomi)
• Negative Sentiment: Investors were spooked by Amazon’s plan for an outsized AI‑related capital spend (reported ~$200B), which triggered a sharp selloff and remains the main near‑term pressure on the stock as markets fret about returns and margin dilution. Why AI spending triggered the selloff (MarketWatch)
• Negative Sentiment: DA Davidson downgraded Amazon and cut its target sharply, citing concerns Amazon is “losing the lead” in cloud — analyst downgrades add selling pressure and feed negative sentiment. DA Davidson downgrade coverage (Barchart)
• Negative Sentiment: Large investors have been reshuffling positions (Morningstar trimmed its AMZN stake while others increased exposure), signaling mixed institutional positioning that can amplify volatility. Morningstar trims AMZN stake (TipRanks)

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.