Hazlett Burt & Watson Inc. grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 14.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 37,445 shares of the e-commerce giant’s stock after purchasing an additional 4,674 shares during the quarter. Amazon.com makes up about 2.9% of Hazlett Burt & Watson Inc.’s holdings, making the stock its 5th largest position. Hazlett Burt & Watson Inc.’s holdings in Amazon.com were worth $8,220,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in AMZN. Wilson Asset Management International PTY Ltd. bought a new stake in shares of Amazon.com during the 2nd quarter worth $11,102,000. American Capital Advisory LLC lifted its position in Amazon.com by 63.9% during the 3rd quarter. American Capital Advisory LLC now owns 8,081 shares of the e-commerce giant’s stock worth $1,774,000 after acquiring an additional 3,152 shares during the last quarter. ARK Investment Management LLC lifted its position in Amazon.com by 8.3% during the 2nd quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock worth $250,213,000 after acquiring an additional 86,978 shares during the last quarter. Buckhead Capital Management LLC boosted its holdings in Amazon.com by 16.1% during the second quarter. Buckhead Capital Management LLC now owns 28,407 shares of the e-commerce giant’s stock valued at $6,232,000 after acquiring an additional 3,948 shares during the period. Finally, Alpha Wealth Funds LLC grew its position in shares of Amazon.com by 172.8% in the second quarter. Alpha Wealth Funds LLC now owns 3,012 shares of the e-commerce giant’s stock valued at $667,000 after purchasing an additional 1,908 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.
Amazon.com Trading Up 2.6%
Shares of AMZN opened at $210.11 on Friday. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16. The stock has a market cap of $2.26 trillion, a PE ratio of 29.30, a PEG ratio of 1.34 and a beta of 1.37. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The stock has a 50 day simple moving average of $228.22 and a 200-day simple moving average of $228.24.
Analysts Set New Price Targets
Several analysts recently weighed in on AMZN shares. Citigroup decreased their target price on Amazon.com from $320.00 to $265.00 and set a “buy” rating for the company in a research note on Monday, February 9th. New Street Research reduced their price objective on Amazon.com from $350.00 to $285.00 and set a “buy” rating for the company in a research report on Thursday, February 12th. Canaccord Genuity Group set a $300.00 price objective on shares of Amazon.com and gave the stock a “buy” rating in a research note on Friday, October 31st. China Renaissance increased their price target on shares of Amazon.com from $278.00 to $300.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Finally, Truist Financial dropped their price objective on shares of Amazon.com from $290.00 to $280.00 and set a “buy” rating on the stock in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $287.30.
Check Out Our Latest Stock Analysis on AMZN
Insider Buying and Selling at Amazon.com
In other news, CEO Douglas J. Herrington sold 4,784 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $198.37, for a total value of $949,002.08. Following the sale, the chief executive officer owned 512,109 shares of the company’s stock, valued at approximately $101,587,062.33. This represents a 0.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last 90 days, insiders have sold 8,284 shares of company stock valued at $1,740,052. 9.70% of the stock is currently owned by corporate insiders.
Amazon.com News Summary
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Supreme Court tariff ruling lifts e‑commerce peers and helps Amazon by removing a policy headwind to cross‑border goods and pricing, supporting retail sales momentum. Amazon, Etsy, other e-commerce stocks pop after Supreme Court rules against Trump’s tariffs
- Positive Sentiment: Large cloud demand signal — analysis that Anthropic and other AI firms will pay tens of billions to cloud partners through 2029 boosts the AWS revenue outlook and supports upside for AMZN’s higher‑margin AWS segment. Anthropic to pay cloud partners $80B
- Positive Sentiment: Retail distribution wins — brands like Bath & Body Works launching official Amazon storefronts underscore continued marketplace monetization and third‑party logistics/fulfillment traction. Bath & Body Works launches on Amazon / related marketplace integrations
- Neutral Sentiment: Notable institutional flows are mixed — some prominent investors (Klarman, Pershing Square, others) have added positions while others trimmed; these large moves create headline volatility but are not a clear directional signal. Pershing Square boosts Amazon stake
- Neutral Sentiment: Insider disclosure — CEO Douglas Herrington sold a small block of shares; disclosure matters for transparency but the size is immaterial to overall insider ownership. SEC Form 4
- Negative Sentiment: AWS reliability concerns — multiple reports (FT/Reuters/Guardian) say at least two outages last year were linked to Amazon’s internal AI tools (Kiro), raising questions about operational risk as Amazon scales autonomous tooling. Amazon’s cloud unit hit by at least two outages involving AI tools, FT says
- Negative Sentiment: CapEx and valuation pressure — analyst notes and price‑target cuts are tied to Amazon’s planned ~$200B CapEx push for AI/data centers in 2026; the spending plan supports long‑term AWS growth but depresses near‑term free cash flow and multiples. Price targets cut as $200B CapEx plan weighs on sentiment
- Negative Sentiment: Legal risk — Washington Supreme Court ruled families can sue Amazon over sodium nitrite sales, creating litigation exposure and headline risk that can hit sentiment. Amazon can be sued over suicides linked to sodium nitrite, court rules
Amazon.com 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.
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