Canvas Wealth Advisors LLC grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 9.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 89,292 shares of the e-commerce giant’s stock after buying an additional 7,493 shares during the quarter. Amazon.com accounts for 3.5% of Canvas Wealth Advisors LLC’s portfolio, making the stock its 8th largest position. Canvas Wealth Advisors LLC’s holdings in Amazon.com were worth $20,610,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the business. American Capital Advisory LLC grew its position in Amazon.com by 63.9% in the third quarter. American Capital Advisory LLC now owns 8,081 shares of the e-commerce giant’s stock valued at $1,774,000 after acquiring an additional 3,152 shares in the last quarter. Compagnie Lombard Odier SCmA acquired a new position in shares of Amazon.com during the third quarter worth $451,642,000. DJE Kapital AG boosted its stake in shares of Amazon.com by 12.3% in the second quarter. DJE Kapital AG now owns 1,037,443 shares of the e-commerce giant’s stock valued at $229,890,000 after purchasing an additional 113,345 shares during the period. Baltimore Washington Financial Advisors Inc. boosted its stake in shares of Amazon.com by 1.9% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 239,862 shares of the e-commerce giant’s stock valued at $52,667,000 after purchasing an additional 4,558 shares during the period. Finally, Wealthfront Advisers LLC grew its holdings in Amazon.com by 3.9% during the 3rd quarter. Wealthfront Advisers LLC now owns 1,145,151 shares of the e-commerce giant’s stock valued at $251,441,000 after purchasing an additional 42,707 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.
Insider Activity
In other Amazon.com news, SVP David Zapolsky sold 10,649 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total value of $2,187,624.07. Following the sale, the senior vice president directly owned 41,190 shares of the company’s stock, valued at $8,461,661.70. This trade represents a 20.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Shelley Reynolds sold 2,695 shares of the firm’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.90, for a total value of $554,900.50. Following the completion of the sale, the vice president owned 119,780 shares in the company, valued at $24,662,702. The trade was a 2.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 71,686 shares of company stock worth $14,688,739 over the last 90 days. Insiders own 10.80% of the company’s stock.
Amazon.com Stock Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). The company had revenue of $213.39 billion for the quarter, compared to analyst estimates of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The firm’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.86 earnings per share. As a group, analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Amazon.com in a research note on Friday, February 6th. Scotiabank restated an “outperform” rating and set a $275.00 target price (down from $300.00) on shares of Amazon.com in a research note on Friday, February 6th. Oppenheimer set a $260.00 target price on Amazon.com and gave the stock an “outperform” rating in a research report on Friday, February 6th. Zacks Research cut Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. Finally, DZ Bank raised Amazon.com to a “strong-buy” rating in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Amazon.com has an average rating of “Moderate Buy” and a consensus price target of $286.57.
Check Out Our Latest Research Report on Amazon.com
Amazon.com News Roundup
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: TGS selects AWS as preferred cloud provider — a multi‑year HPC/AI deal underscores strong enterprise demand for AWS compute and generative AI services, supporting revenue and margin leverage in the cloud business. TGS Announces AWS as its Preferred Cloud Provider
- Positive Sentiment: Amazon bought 1,300 acres near the Columbia River that could host a large data‑center campus — a long‑term bet to expand AWS capacity and regional resiliency for growing cloud and AI workloads. Report: Amazon buys 1,300 acres near Columbia River that could become a giant data center
- Positive Sentiment: Court order bars AI startup Perplexity from scraping Amazon — protects Amazon’s retail data, ad model and control over shopping traffic, limiting competitive threats from AI shopping agents. Amazon Court Win Puts Focus On Control Of AI Shopping Traffic
- Positive Sentiment: Improvements to delivery convenience (new options/features) bolster e‑commerce defensibility and repeat buying, supporting retail revenue stability. Amazon takes delivery convenience to next level
- Neutral Sentiment: Analyst notes and coverage remain mixed but constructive — New Street trimmed its price target slightly ($285→$280) while keeping a Buy, reflecting continued upside expectations despite near‑term noise. New Street adjusts price target on Amazon.com to $280 from $285; maintains Buy rating
- Neutral Sentiment: Zacks and other outlets highlight online store strength (essentials/grocery repeat buying) — supports steady retail revenues but is less likely to move the stock than AWS/AI developments. Can Amazon’s Online Store Strength Drive Upside in Retail Revenues?
- Negative Sentiment: Key AI chip executive departure raises questions about Amazon’s internal AI/hardware roadmap and could slow specialized silicon progress — a concern given the cloud AI arms race. Amazon Just Lost a Key AI Chip Executive. Is That Bad News for AMZN Stock?
- Negative Sentiment: Bearish takes and macro/AI capex worries persist — several opinion pieces warn that elevated AI spending and margin pressure could keep near‑term share performance under pressure despite long‑term AWS upside. Amazon: This Is Worse Than You Think
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.
See Also
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