Steinberganna Wealth Management initiated a position in Amazon during Q3 by acquiring 6,893 shares representing roughly 0.7% of its portfolio and ranking Amazon as its 28th largest holding. Meanwhile, Vanguard Group boosted its stake by 2.1% in Q2 to 849.7 million shares, State Street increased its position by 1.4% to 374.1 million shares, and Geode Capital rose its holding by 1.7% to 216.7 million shares. Kingstone Capital Partners Texas executed a dramatic increase of 542,733.6% to reach 132.6 million shares, and Norges Bank entered with a new stake valued at over $27 billion. Together, institutional investors now control 72.2% of Amazon’s shares.

Over the past three months, Amazon insiders have sold a total of 79,734 shares, equivalent to 9.7% of the company’s outstanding insider ownership. Director Daniel P. Huttenlocher reduced his holding by 4.5% through a sale of 1,237 shares, and CEO Andrew R. Jassy trimmed his position by 0.9% via a sale of 19,872 shares. These transactions were disclosed in SEC filings and leave Huttenlocher with 26,148 shares and Jassy with 2,208,310 shares on record.

In Q3 Amazon delivered $1.95 earnings per share, exceeding consensus by $0.38, on revenue of $180.17 billion, up 13.4% year-over-year and beating analyst estimates by $2.64 billion. The company reported an 11.06% net margin and a return on equity of 23.62%. Financial ratios remain robust with a current ratio of 1.01, quick ratio of 0.80, and a debt-to-equity ratio of 0.14. Analysts forecast full-year EPS of 6.31, supported by strength in both e-commerce and AWS.

Among 59 covering analysts, one issues a Strong Buy, 54 rate the stock as Buy and four as Hold, yielding a consensus Moderate Buy rating. Price targets range from the mid-$260s up to $350, with recent upgrades including DA Davidson’s increase to $300, Benchmark’s to $295, Roth MKM’s to $270, and New Street Research’s to $350. The average target stands near $295.42, suggesting mid-teens percentage upside from current levels.