Evergreen Capital Management LLC Grows Position in Amazon.com, Inc. $AMZN

Evergreen Capital Management LLC boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 9.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 267,190 shares of the e-commerce giant’s stock after acquiring an additional 22,526 shares during the quarter. Amazon.com makes up about 1.4% of Evergreen Capital Management LLC’s portfolio, making the stock its 12th biggest position. Evergreen Capital Management LLC’s holdings in Amazon.com were worth $58,667,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Barlow Wealth Partners Inc. boosted its position in Amazon.com by 0.4% in the 2nd quarter. Barlow Wealth Partners Inc. now owns 12,565 shares of the e-commerce giant’s stock valued at $2,763,000 after buying an additional 44 shares during the period. Probity Advisors Inc. raised its stake in shares of Amazon.com by 0.4% during the second quarter. Probity Advisors Inc. now owns 12,157 shares of the e-commerce giant’s stock valued at $2,667,000 after acquiring an additional 45 shares in the last quarter. Union Savings Bank boosted its holdings in shares of Amazon.com by 0.4% in the second quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant’s stock valued at $2,510,000 after purchasing an additional 45 shares during the period. Doheny Asset Management CA boosted its holdings in shares of Amazon.com by 0.3% in the second quarter. Doheny Asset Management CA now owns 17,821 shares of the e-commerce giant’s stock valued at $3,910,000 after purchasing an additional 45 shares during the period. Finally, IMPACTfolio LLC grew its stake in Amazon.com by 3.8% in the third quarter. IMPACTfolio LLC now owns 1,225 shares of the e-commerce giant’s stock worth $269,000 after purchasing an additional 45 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $232.99 on Thursday. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $258.60. The company has a market cap of $2.49 trillion, a PE ratio of 32.91, a P/E/G ratio of 1.49 and a beta of 1.37. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.80 and a current ratio of 1.01. The business has a 50-day simple moving average of $234.09 and a two-hundred day simple moving average of $229.96.

Insider Activity at Amazon.com

In other Amazon.com news, Director Daniel P. Huttenlocher sold 1,237 shares of the firm’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $226.61, for a total value of $280,316.57. Following the completion of the transaction, the director owned 26,148 shares of the company’s stock, valued at approximately $5,925,398.28. This trade represents a 4.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction on Monday, December 1st. The stock was sold at an average price of $233.22, for a total transaction of $583,050.00. Following the sale, the chief executive officer owned 505,934 shares of the company’s stock, valued at $117,993,927.48. The trade was a 0.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 47,061 shares of company stock worth $10,351,262 in the last 90 days. 9.70% of the stock is owned by insiders.

Analyst Ratings Changes

AMZN has been the subject of several research reports. Loop Capital upped their target price on Amazon.com from $300.00 to $360.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Maxim Group raised their target price on shares of Amazon.com from $272.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Pivotal Research increased their price objective on shares of Amazon.com from $285.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Finally, Piper Sandler reissued an “overweight” rating on shares of Amazon.com in a research note on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $296.37.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Analysts and partners highlight AWS strength — several firms raised targets or reiterated Buy as AWS deals and enterprise AI demand accelerate, supporting medium-term revenue upside. AWS-Prosus partnership
• Positive Sentiment: Amazon expands Alexa and AI strategy: Alexa+ widely rolled out and talks to use OpenAI models could boost device engagement, advertising and Prime stickiness if integrations scale. OpenAI-Alexa report
• Positive Sentiment: Execution signals — leadership move in Selling Partner Services (Amit Agarwal named) and Dharmesh Mehta joining CEO Jassy’s advisory team suggests operational focus on marketplace growth and technical strategy. Leadership change
• Neutral Sentiment: Delivery and retail metrics remain strong (record same/next-day volume — billions of Prime deliveries), supporting core commerce scale but with margin/capex trade-offs. Delivery speed story
• Neutral Sentiment: Earnings preview: market focus is AWS revenue, AI-related capex and margins — options traders imply a large post-earnings move, increasing short-term volatility risk/reward. Options-implied move
• Neutral Sentiment: Amazon is piloting AI tools for TV and film production (Amazon MGM Studios’ AI Studio) — potential long-term content cost savings but uncertain near-term revenue impact. AI studio tools
• Negative Sentiment: Infrastructure headwinds in Europe: long delays to power-grid connections are slowing planned data‑center expansions, which could constrain AWS capacity growth and push up capex/timing risk. Power-grid delays
• Negative Sentiment: Sentiment and execution concerns: new Alexa subscription pricing and ongoing job cuts / heavy AI/data-center spending keep near-term margin pressure and investor patience in check. Alexa price reaction

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.