Avalon Capital Management Sells 3,107 Shares of Amazon.com, Inc. $AMZN

Avalon Capital Management lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 4.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 61,833 shares of the e-commerce giant’s stock after selling 3,107 shares during the quarter. Amazon.com comprises 3.3% of Avalon Capital Management’s investment portfolio, making the stock its 7th biggest position. Avalon Capital Management’s holdings in Amazon.com were worth $13,577,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of AMZN. O Brien Wealth Partners LLC lifted its stake in shares of Amazon.com by 262.4% in the third quarter. O Brien Wealth Partners LLC now owns 5,012 shares of the e-commerce giant’s stock valued at $1,100,000 after buying an additional 3,629 shares in the last quarter. Absher Wealth Management LLC raised its holdings in shares of Amazon.com by 3.3% in the 3rd quarter. Absher Wealth Management LLC now owns 3,216 shares of the e-commerce giant’s stock worth $706,000 after acquiring an additional 103 shares during the last quarter. Cerity Partners LLC lifted its position in Amazon.com by 4.2% in the 3rd quarter. Cerity Partners LLC now owns 4,498,676 shares of the e-commerce giant’s stock valued at $985,581,000 after acquiring an additional 183,237 shares in the last quarter. Crews Bank & Trust lifted its position in Amazon.com by 1.0% in the 3rd quarter. Crews Bank & Trust now owns 22,841 shares of the e-commerce giant’s stock valued at $5,015,000 after acquiring an additional 224 shares in the last quarter. Finally, Galvin Gaustad & Stein LLC boosted its stake in Amazon.com by 0.6% during the 3rd quarter. Galvin Gaustad & Stein LLC now owns 113,225 shares of the e-commerce giant’s stock valued at $24,861,000 after purchasing an additional 662 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Bank of America raised their target price on Amazon.com from $272.00 to $303.00 and gave the company a “buy” rating in a report on Wednesday, December 3rd. JMP Securities set a $300.00 price target on Amazon.com in a research report on Friday, October 31st. Barclays reaffirmed an “overweight” rating and set a $300.00 price objective (up from $275.00) on shares of Amazon.com in a report on Friday, October 31st. Monness Crespi & Hardt increased their target price on shares of Amazon.com from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 31st. Finally, Telsey Advisory Group boosted their price target on shares of Amazon.com from $265.00 to $300.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $296.41.

Amazon.com News Summary

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

• Positive Sentiment: Analyst upgrades and higher price targets — several firms have raised targets or reiterated bullish ratings (Scotiabank bumped its PT to $300; other shops keep AMZN as a top pick), offering a multi‑month upside case if AWS/AI momentum continues. Scotiabank adjusts PT on Amazon to $300
• Positive Sentiment: AI / AWS bullish narrative — analysts (e.g., Bernstein) and social chatter highlight AWS revenue acceleration and AI workloads as high‑margin growth drivers that could re‑rate the stock over 2026. Amazon seen as strong AI bull case (Bernstein)
• Positive Sentiment: Options/pricing signals show potential contrarian upside — high near‑term put yields suggest hedging demand and a possible oversold setup ahead of earnings, which some traders read as an opportunity for a post‑earnings rally. Is Amazon Too Cheap Ahead of Earnings? (Barchart)
• Positive Sentiment: Product and commerce expansion — operational moves like Dash Cart payment upgrades and UK quick‑commerce pilots support longer‑term retail convenience gains that could improve margins/retention over time. Amazon adds more payment options to Dash Cart
• Neutral Sentiment: Near‑term trading strategies vary — some investors are buying ahead of earnings for a “catch‑up” trade while others prefer to wait for the report to avoid a sell‑the‑news move; the upcoming Q4 print is the main catalyst. 2 Ways to Trade Amazon Ahead of Earnings (MarketBeat)
• Negative Sentiment: Tariff‑driven price pressure — CEO Andy Jassy said tariffs are starting to “creep” into consumer prices as pre‑bought inventory runs down, a development that can hurt demand and squeeze third‑party seller dynamics on the platform. Tariffs starting to bump up product prices (Reuters)
• Negative Sentiment: Macro / market headwinds — a tech‑led selloff tied to geopolitical rhetoric weighed on the Magnificent Seven broadly, making AMZN more sensitive to headline risk today. Tech stocks lead selloff amid rhetoric (Investopedia)
• Negative Sentiment: Insider selling — publicly reported insider sales have been heavy recently (multiple executives selling), which can be perceived negatively by some investors even if sales are for diversification or tax reasons. QuiverQuant: Insider activity and AMZN analysis

Insider Activity at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $216.94, for a total transaction of $4,311,031.68. Following the sale, the chief executive officer directly owned 2,208,310 shares of the company’s stock, valued at $479,070,771.40. This represents a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Daniel P. Huttenlocher sold 1,237 shares of Amazon.com stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $226.61, for a total transaction of $280,316.57. Following the completion of the transaction, the director owned 26,148 shares of the company’s stock, valued at $5,925,398.28. The trade was a 4.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 79,734 shares of company stock worth $18,534,017 in the last three months. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Stock Down 3.4%

Amazon.com stock opened at $231.00 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 1.01 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $2.47 trillion, a P/E ratio of 32.63, a P/E/G ratio of 1.50 and a beta of 1.37. The firm has a 50 day moving average price of $231.91 and a 200-day moving average price of $228.84. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60.

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

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.