Wingate Wealth Advisors Inc. Raises Position in Amazon.com, Inc. $AMZN

Wingate Wealth Advisors Inc. lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 117.3% during the third quarter, Holdings Channel reports. The fund owned 4,365 shares of the e-commerce giant’s stock after acquiring an additional 2,356 shares during the period. Wingate Wealth Advisors Inc.’s holdings in Amazon.com were worth $958,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Invested Advisors acquired a new position in Amazon.com during the 3rd quarter worth $803,000. Steinberganna Wealth Management acquired a new position in shares of Amazon.com during the third quarter worth about $1,513,000. BKM Wealth Management LLC grew its position in shares of Amazon.com by 2.8% during the third quarter. BKM Wealth Management LLC now owns 1,893 shares of the e-commerce giant’s stock worth $416,000 after buying an additional 52 shares in the last quarter. Summit Place Financial Advisors LLC increased its stake in shares of Amazon.com by 2.7% during the third quarter. Summit Place Financial Advisors LLC now owns 18,606 shares of the e-commerce giant’s stock worth $4,085,000 after buying an additional 495 shares during the period. Finally, Trevian Wealth Management LLC raised its holdings in Amazon.com by 4.6% in the third quarter. Trevian Wealth Management LLC now owns 8,256 shares of the e-commerce giant’s stock valued at $1,813,000 after acquiring an additional 360 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have commented on the stock. 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. Robert W. Baird set a $285.00 target price on shares of Amazon.com and gave the stock an “outperform” rating in a research note on Friday, October 31st. Arete Research increased their target price on Amazon.com from $264.00 to $283.00 and gave the company a “buy” rating in a report on Wednesday. China Renaissance lifted their price target on Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Finally, Guggenheim raised Amazon.com to a “strong-buy” rating in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-four have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and an average target price of $295.42.

Amazon.com Stock Performance

Shares of AMZN opened at $239.16 on Friday. The company’s 50 day simple moving average is $231.68 and its 200-day simple moving average is $229.00. The firm has a market cap of $2.56 trillion, a PE ratio of 33.78, a price-to-earnings-growth ratio of 1.47 and a beta of 1.37. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60. The company has a current ratio of 1.01, a quick ratio of 0.80 and a debt-to-equity ratio of 0.14.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a net margin of 11.06% and a return on equity of 23.62%. The firm had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. During the same quarter in the prior year, the business earned $1.43 EPS. Amazon.com’s quarterly 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.

Insider Activity

In related news, Director Jonathan Rubinstein sold 8,173 shares of the business’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $250.03, for a total value of $2,043,495.19. Following the transaction, the director owned 80,030 shares in the company, valued at $20,009,900.90. The trade was a 9.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $216.94, for a total value 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 approximately $479,070,771.40. This represents a 0.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 79,734 shares of company stock valued at $18,534,017. Insiders own 9.70% of the company’s stock.

More Amazon.com News

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

• Positive Sentiment: Multiple analyst upgrades and bullish commentary lift sentiment — TD Cowen raised its price target (reportedly to $315) and Scotiabank raised its target to $300, while coverage noting substantial upside from consensus targets has pushed expectations higher. Analyst Remains Bullish on Amazon
• Positive Sentiment: Evercore ISI and other strategists highlight accelerating revenue growth from AWS and advertising/retail expansions — a reminder of durable growth drivers that support higher long-term valuations. Expert eyes ‘accelerating’ revenue growth for Amazon
• Positive Sentiment: Amazon is investing in physical retail at scale — plans for its largest-ever “mega” store outside Chicago combine retail and fulfillment, signaling a strategic push to capture grocery and big‑box market share. Amazon Bets Big On Brick-And-Mortar
• Neutral Sentiment: Reminder: Amazon will webcast Q4 2025 results and host its earnings call on Feb. 5 — this will be the immediate fundamental catalyst for guidance and near-term stock direction. Amazon.com to Webcast Fourth-Quarter Results
• Neutral Sentiment: Amazon experiments with new offerings and partnerships (including crypto/NFT retail tie‑ins) that are strategically interesting but unlikely to move near‑term earnings materially. HV-MTL, Amazon & Otherside Join To Bring NFTs To The Retail Audience
• Negative Sentiment: Major layoffs weigh on sentiment — multiple outlets report Amazon will cut ~14,000 additional corporate jobs next week (part of a ~30,000 corporate reduction). That reduces costs but also signals caution and could pressure near‑term revenue/growth expectations and morale. Exclusive: Amazon plans thousands more corporate job cuts
• Negative Sentiment: Some sell‑side notes and bearish commentary (including pessimistic forecasts from boutique research houses) highlight valuation and near‑term technical risks, keeping volatility possible into earnings. Rothschild & Co Redburn Issues Pessimistic Forecast

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.