Chartist Inc. CA Invests $904,000 in Amazon.com, Inc. $AMZN

Chartist Inc. CA bought a new position in Amazon.com, Inc. (NASDAQ:AMZN) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,119 shares of the e-commerce giant’s stock, valued at approximately $904,000. Amazon.com makes up 1.1% of Chartist Inc. CA’s holdings, making the stock its 6th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AMZN. Kensington Investment Counsel LLC grew its holdings in Amazon.com by 4.4% during the 3rd quarter. Kensington Investment Counsel LLC now owns 9,357 shares of the e-commerce giant’s stock valued at $2,055,000 after buying an additional 396 shares in the last quarter. Old North State Trust LLC raised its holdings in shares of Amazon.com by 2.8% during the 3rd quarter. Old North State Trust LLC now owns 8,133 shares of the e-commerce giant’s stock worth $1,786,000 after acquiring an additional 218 shares in the last quarter. Portus Wealth Advisors LLC purchased a new stake in shares of Amazon.com during the 3rd quarter worth approximately $1,798,000. Centaurus Financial Inc. bought a new position in shares of Amazon.com during the 3rd quarter valued at approximately $44,500,000. Finally, Mayport LLC grew its holdings in shares of Amazon.com by 3.2% in the third quarter. Mayport LLC now owns 10,408 shares of the e-commerce giant’s stock valued at $2,285,000 after purchasing an additional 323 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Key Amazon.com News

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

• Positive Sentiment: Big long-term upside from AWS: CEO Andy Jassy told staff he expects AI could drive AWS to roughly $600B in annual revenue by 2036 — a reiteration of AWS as the core growth/profit engine. Reuters: AWS $600B
• Positive Sentiment: Analyst support: Wolfe Research recently raised its price target citing stronger AWS AI and data-center demand, which underpins upside for shares. Yahoo Finance: Wolfe Research
• Positive Sentiment: Product and cloud partnerships accelerating AI offerings — AWS announced deals (including a Cerebras collaboration for fast inference) and OpenAI/AWS commercial/government arrangements that expand addressable market for cloud and AI services. InsiderMonkey: Cerebras partnership
  Reuters: OpenAI-AWS gov deal
• Positive Sentiment: Faster delivery push and Prime Day timing: Amazon expanded 1‑hour/3‑hour delivery and reportedly moved Prime Day into June — both moves aim to pull demand forward, boost Q2 revenue and defend share in quick-commerce. Reuters: 1-hour delivery
  MarketBeat: Prime Day shift
• Neutral Sentiment: Capital spending and debt context: Amazon’s large bond sale and planned AI capex have analysts revising hyperscaler debt forecasts higher — supports growth but keeps focus on near-term margin/cash use. Reuters: debt forecasts
• Negative Sentiment: Legal/cloud competition risk: Reports say Microsoft is weighing legal action over a large Amazon–OpenAI cloud arrangement, creating regulatory / contract uncertainty for AWS/OpenAI deals. Reuters: Microsoft legal threat
• Negative Sentiment: Operational & headlines risk from logistics shuffle: Multiple reports that Amazon plans to sharply cut USPS volume (potentially two‑thirds) have pressured the stock amid concerns over transition costs and negative press; CNBC/WSJ coverage also shows negotiation frictions. WSJ: USPS volume cut
  CNBC: USPS talks

Amazon.com Price Performance

AMZN stock opened at $209.87 on Thursday. The stock has a market cap of $2.25 trillion, a PE ratio of 29.27, a P/E/G ratio of 1.61 and a beta of 1.40. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60. The company has a 50-day moving average price of $221.35 and a 200 day moving average price of $226.32. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data 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 firm had revenue of $213.39 billion during the quarter, compared to analysts’ expectations of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The business’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period last year, the company earned $1.86 earnings per share. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. DZ Bank upgraded shares of Amazon.com to a “strong-buy” rating in a research report on Friday, February 6th. Needham & Company LLC reiterated a “buy” rating and set a $265.00 price objective on shares of Amazon.com in a research report on Tuesday. Daiwa Securities Group dropped their price objective on shares of Amazon.com from $300.00 to $280.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Wells Fargo & Company set a $304.00 target price on shares of Amazon.com and gave the stock an “overweight” rating in a report on Monday, February 23rd. Finally, KeyCorp set a $285.00 target price on shares of Amazon.com in a research report on Friday, February 6th. One 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.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $286.93.

Insider Activity

In related news, SVP David Zapolsky sold 10,649 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the completion of the transaction, the senior vice president owned 41,190 shares in the company, valued at $8,461,661.70. The trade was a 20.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 6,835 shares of the company’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.82, for a total value of $1,406,779.70. Following the completion of the transaction, the chief executive officer directly owned 522,361 shares in the company, valued at $107,512,341.02. This trade represents a 1.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 71,686 shares of company stock valued at $14,688,739. 9.70% of the stock is currently owned by corporate insiders.

Amazon.com Company 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.