Amazon.com, Inc. $AMZN is Ashton Thomas Private Wealth LLC’s 8th Largest Position

Ashton Thomas Private Wealth LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 22.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 192,497 shares of the e-commerce giant’s stock after purchasing an additional 35,254 shares during the period. Amazon.com makes up approximately 1.1% of Ashton Thomas Private Wealth LLC’s holdings, making the stock its 8th biggest position. Ashton Thomas Private Wealth LLC’s holdings in Amazon.com were worth $42,267,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Valley Brook Capital Group Inc. lifted its holdings in shares of Amazon.com by 8.7% during the third quarter. Valley Brook Capital Group Inc. now owns 16,653 shares of the e-commerce giant’s stock valued at $3,656,000 after purchasing an additional 1,337 shares in the last quarter. Premier Path Wealth Partners LLC raised its position in Amazon.com by 3.2% in the 3rd quarter. Premier Path Wealth Partners LLC now owns 62,024 shares of the e-commerce giant’s stock worth $13,619,000 after buying an additional 1,920 shares during the last quarter. Atala Financial Inc lifted its stake in Amazon.com by 2.7% during the 3rd quarter. Atala Financial Inc now owns 15,126 shares of the e-commerce giant’s stock valued at $3,321,000 after acquiring an additional 391 shares during the period. Penserra Capital Management LLC lifted its stake in Amazon.com by 7.2% during the 3rd quarter. Penserra Capital Management LLC now owns 23,447 shares of the e-commerce giant’s stock valued at $5,147,000 after acquiring an additional 1,566 shares during the period. Finally, Adell Harriman & Carpenter Inc. boosted its holdings in shares of Amazon.com by 0.9% during the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 216,180 shares of the e-commerce giant’s stock valued at $47,467,000 after acquiring an additional 1,985 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Up 1.6%

Shares of AMZN stock opened at $208.56 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.05 and a quick ratio of 0.88. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60. The company’s fifty day moving average price is $227.59 and its 200-day moving average price is $228.06. The company has a market capitalization of $2.24 trillion, a price-to-earnings ratio of 29.09, a PEG ratio of 1.31 and a beta of 1.37.

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on AMZN. BMO Capital Markets reissued an “outperform” rating and set a $310.00 price objective (up from $304.00) on shares of Amazon.com in a report on Tuesday, February 3rd. DZ Bank upgraded shares of Amazon.com to a “strong-buy” rating in a research note on Friday, February 6th. Needham & Company LLC restated a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a research note on Friday, February 6th. DA Davidson reaffirmed a “neutral” rating and issued a $175.00 price objective (down from $300.00) on shares of Amazon.com in a report on Friday, February 6th. Finally, Citigroup reduced their price objective on Amazon.com from $320.00 to $265.00 and set a “buy” rating for the company in a research report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Amazon.com has an average rating of “Moderate Buy” and an average target price of $287.29.

Amazon.com News Summary

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

• Positive Sentiment: Amazon announced a major infrastructure push: a $12 billion data‑center buildout in northwest Louisiana to support AI and cloud demand — this is concrete capacity for AWS, strengthens the company’s AI/service revenue runway and supports longer‑term AWS growth. Amazon plans $12 billion data center buildout in Louisiana
• Positive Sentiment: Sector tailwinds: a tech-led market rally and reports of cooperation between Anthropic and software vendors boosted software/cloud stocks, helping AWS-exposed names like Amazon. This provides short‑term market momentum for AMZN. Anthropic Extends Enterprise Olive Branch, Lifts Software Stocks
• Neutral Sentiment: Leadership and research changes: David Luan, head of Amazon’s AGI lab, is leaving after under two years — a development to monitor for AGI program continuity but not yet a clear hit to near‑term revenue. Head of Amazon’s AGI lab is leaving the company
• Negative Sentiment: Insider selling: multiple senior executives (including CEO Andy Jassy and other senior officers) disclosed sizable share sales last week — a negative sentiment signal that can add pressure to the stock even if sales are routine. Jassy Form 4 filing
• Negative Sentiment: Regulatory/legal headwinds: California asked a court to enjoin alleged merchant‑bullying on prices, and Italy’s privacy regulator banned an Amazon unit from processing staff personal data — potential fines, restrictions or adverse rulings could increase costs and uncertainty. California seeks injunction Italy privacy ban
• Negative Sentiment: AI capex debate persists: investor unease about Amazon’s roughly $200 billion AI/data‑center capex plan continues to weigh on valuation (questions on timing of returns and free‑cash‑flow impact). Several recent articles argue the spending spooked the market and is the principal reason for the February drawdown. A $200 Billion AI Bet Is Either Amazon’s Masterstroke or Its Biggest Mistake

Insider Activity

In other Amazon.com news, CEO Matthew S. Garman sold 17,751 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the completion of the sale, the chief executive officer directly owned 9,405 shares of the company’s stock, valued at $1,930,094.10. This trade represents a 65.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Shelley Reynolds sold 2,695 shares of Amazon.com stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.90, for a total transaction of $554,900.50. Following the sale, the vice president owned 119,780 shares in the company, valued at approximately $24,662,702. The trade was a 2.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 73,186 shares of company stock valued at $15,067,539 in the last three months. 10.80% of the stock is currently owned by insiders.

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.