Olstein Capital Management L.P. Purchases Shares of 12,500 Amazon.com, Inc. $AMZN

Olstein Capital Management L.P. purchased a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,500 shares of the e-commerce giant’s stock, valued at approximately $2,745,000.

A number of other large investors have also modified their holdings of AMZN. Vanguard Group Inc. boosted its stake in shares of Amazon.com by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock valued at $186,420,422,000 after buying an additional 17,447,045 shares during the period. State Street Corp increased its stake in shares of Amazon.com by 1.4% during the second quarter. State Street Corp now owns 374,097,285 shares of the e-commerce giant’s stock worth $82,073,203,000 after buying an additional 5,163,208 shares during the period. Geode Capital Management LLC raised its holdings in Amazon.com by 1.7% in the second quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant’s stock valued at $47,332,625,000 after acquiring an additional 3,721,658 shares in the last quarter. Kingstone Capital Partners Texas LLC raised its holdings in Amazon.com by 542,733.6% in the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after acquiring an additional 132,616,953 shares in the last quarter. Finally, Norges Bank purchased a new position in Amazon.com in the second quarter worth approximately $27,438,011,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insiders Place Their Bets

In other news, Director Daniel P. Huttenlocher sold 1,237 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $226.61, for a total transaction of $280,316.57. Following the transaction, the director directly owned 26,148 shares in the company, valued at approximately $5,925,398.28. This trade represents a 4.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Keith Brian Alexander sold 900 shares of Amazon.com stock in a transaction on Monday, November 17th. The shares were sold at an average price of $233.00, for a total transaction of $209,700.00. Following the completion of the transaction, the director directly owned 7,170 shares in the company, valued at $1,670,610. The trade was a 11.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 79,734 shares of company stock valued at $18,534,017. 9.70% of the stock is owned by insiders.

Analysts Set New Price Targets

AMZN has been the topic of a number of recent analyst reports. Loop Capital increased their price objective on shares of Amazon.com from $300.00 to $360.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. JPMorgan Chase & Co. reiterated a “buy” rating and set a $305.00 target price on shares of Amazon.com in a research note on Friday, December 12th. Barclays reissued an “overweight” rating and issued a $300.00 target price (up previously from $275.00) on shares of Amazon.com in a report on Friday, October 31st. Morgan Stanley reaffirmed an “overweight” rating and set a $315.00 price target (up from $300.00) on shares of Amazon.com in a report on Friday, October 31st. Finally, China Renaissance upped their price objective on Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $295.61.

More Amazon.com News

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

• Positive Sentiment: AWS growth tied to AI is cited by analysts as a key re-acceleration driver for revenue and long-term margin expansion — a core bullish fundamental. Amazon’s Cloud Growth Tied To AI Advances, Analyst Says
• Positive Sentiment: TD Cowen and other firms are lifting price targets and highlighting a booming ad business that could materially increase revenue and operating profit long term. Amazon (AMZN) Stock: TD Cowen Increases Price Target on Advertising Boom
• Positive Sentiment: Analyst notes show AWS margin expansion and backlog strength, supporting upside to profit estimates as cloud efficiency improves. Amazon’s AWS Margin Expansion Accelerates: More Upside for the Stock?
• Neutral Sentiment: Technically the stock showed strong momentum recently (RSI/overbought readings), which can mean both continued strength or a short pause as traders lock gains ahead of earnings. Why Amazon’s ‘Overbought’ Signal Isn’t a Red Flag
• Negative Sentiment: Amazon is pushing suppliers for price cuts (reports cite asks up to ~30%) as tariff dynamics shift — this signals margin pressure, vendor friction and potential merchandising disruption in near term. Amazon Seeks Supplier Discounts Amid Ongoing Tariff Fight
• Negative Sentiment: Regulatory/legal headwinds persist: Amazon plans to appeal an Italian antitrust fine even after a reduction, keeping litigation risk and potential reputational/cost uncertainty in play. Amazon to appeal against Italian fine, even after it was cut, paper says
• Negative Sentiment: Market commentary and day-trade flows explain why AMZN fell more than the broader market today — short-term sellers reacting to headlines and rotation away from mega-cap momentum names. Why Amazon (AMZN) Dipped More Than Broader Market Today

Amazon.com Stock Performance

Shares of AMZN stock opened at $236.65 on Thursday. The stock’s 50-day moving average is $232.66 and its two-hundred day moving average is $228.35. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.80 and a current ratio of 1.01. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The firm has a market cap of $2.53 trillion, a price-to-earnings ratio of 33.43, a PEG ratio of 1.52 and a beta of 1.37.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. The firm had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. Amazon.com had a return on equity of 23.62% and a net margin of 11.06%.The business’s revenue was up 13.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.43 EPS. Analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.