Amazon.com, Inc. $AMZN Shares Acquired by Connors Investor Services Inc.

Connors Investor Services Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 138,819 shares of the e-commerce giant’s stock after acquiring an additional 4,168 shares during the period. Amazon.com makes up about 2.6% of Connors Investor Services Inc.’s investment portfolio, making the stock its 6th largest position. Connors Investor Services Inc.’s holdings in Amazon.com were worth $30,480,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. IMPACTfolio LLC grew its stake in shares of Amazon.com by 3.8% in the 3rd quarter. IMPACTfolio LLC now owns 1,225 shares of the e-commerce giant’s stock worth $269,000 after purchasing an additional 45 shares during the last quarter. Cadence Wealth Management LLC lifted its stake in Amazon.com by 3.5% during the third quarter. Cadence Wealth Management LLC now owns 1,328 shares of the e-commerce giant’s stock valued at $292,000 after purchasing an additional 45 shares during the last quarter. Union Savings Bank boosted its holdings in Amazon.com by 0.4% during the second quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant’s stock worth $2,510,000 after buying an additional 45 shares in the last quarter. Doheny Asset Management CA grew its position in 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 worth $3,910,000 after buying an additional 45 shares during the last quarter. Finally, Banco de Sabadell S.A grew its position in Amazon.com by 0.3% in the second quarter. Banco de Sabadell S.A now owns 13,409 shares of the e-commerce giant’s stock worth $2,946,000 after buying an additional 46 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of recent research reports. Wells Fargo & Company set a $304.00 price objective on Amazon.com and gave the company an “overweight” rating in a research report on Monday, February 23rd. Guggenheim restated a “buy” rating and issued a $300.00 target price on shares of Amazon.com in a report on Friday, February 6th. Monness Crespi & Hardt cut their target price on Amazon.com from $300.00 to $280.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Zacks Research downgraded Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 1st. Finally, Argus reiterated a “buy” rating and issued a $325.00 price target 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 given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and a consensus price target of $286.84.

More Amazon.com News

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

• Positive Sentiment: Large GPU supply deal for AWS underscores strong AI demand and recurring cloud revenue upside; Nvidia says it will sell 1 million GPUs (and other products) to Amazon Web Services through 2027, supporting AWS’s AI-driven growth thesis. Read More.
• Positive Sentiment: Amazon acquired Rivr, a stair‑climbing delivery-robot startup, signaling continued investment to cut last‑mile costs and improve safety — a strategic move for logistics efficiency and scaling doorstep delivery pilots. Read More.
• Positive Sentiment: CEO Andy Jassy’s internal forecast that AI could push AWS to ~$600B annually fuels long‑term upside expectations for the cloud unit, helping support valuation despite heavy AI capex. Read More.
• Neutral Sentiment: Appeals court pause allows Perplexity AI shopping bots to keep functioning on Amazon while litigation continues — limits immediate disruption to site traffic/revenue but keeps regulatory/legal uncertainty live. Read More.
• Neutral Sentiment: Product expansion: Amazon rolled out Alexa+ in the U.K. early access program — incremental services and device engagement upside but limited near-term revenue impact versus cloud/logistics headlines. Read More.
• Neutral Sentiment: Jeff Bezos reportedly courting partners for a $100B automation fund — potential ecosystem benefits for automation/robotics but not an immediate Amazon revenue driver. Read More.
• Negative Sentiment: Logistics risk: Amazon says USPS “walked away” from talks and reports indicate Amazon plans to cut USPS parcel volume dramatically — switching carriers and scaling in‑house delivery raises transition costs and operational risk ahead of the October contract deadline. Read More.
• Negative Sentiment: Legal/regulatory risk: Microsoft is reportedly considering legal action over a large Amazon–OpenAI cloud deal, creating potential litigation or contractual headwinds that could affect AWS’s access to certain AI workloads. Read More.

Insiders Place Their Bets

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $205.18, for a total value of $4,077,336.96. Following the transaction, the chief executive officer owned 2,238,118 shares in the company, valued at $459,217,051.24. The trade was a 0.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Shelley Reynolds sold 2,695 shares of the company’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $205.90, for a total value of $554,900.50. Following the completion of the transaction, the vice president directly owned 119,780 shares in the company, valued at approximately $24,662,702. The trade was a 2.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 71,686 shares of company stock valued at $14,688,739 in the last three months. Company insiders own 9.70% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN opened at $208.86 on Friday. The company has a market capitalization of $2.24 trillion, a PE ratio of 29.13, a PEG ratio of 1.57 and a beta of 1.40. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. The company’s 50 day moving average price is $220.60 and its 200 day moving average price is $226.19. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). The company 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 firm’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.86 EPS. Research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal 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.