<div id="readability-page-1">Perpetual Ltd grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.9% during the 3rd quarter, according to its most recent 13F filing with the Securities &amp; Exchange Commission. The fund owned 317,736 shares of the e-commerce giant's stock after purchasing an additional 25,921 shares during the quarter. Perpetual Ltd's holdings in Amazon.com were worth $69,765,000 at the end of the most recent quarter.<ul><li>Amazon Looks Stuck—So Why Do Analysts Keep Calling for $300?</li></ul>Several other large investors also recently made changes to their positions in AMZN. Carderock Capital Management Inc. acquired a new stake in Amazon.com in the second quarter valued at $27,000. Maryland Capital Advisors Inc. raised its holdings in shares of Amazon.com by 81.9% in the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant's stock valued at $46,000 after purchasing an additional 95 shares during the period. Ryan Investment Management Inc. bought a new stake in shares of Amazon.com in the 2nd quarter valued at about $48,000. Cooksen Wealth LLC lifted its stake in Amazon.com by 23.5% in the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant's stock valued at $54,000 after purchasing an additional 47 shares during the last quarter. Finally, MJT &amp; Associates Financial Advisory Group Inc. bought a new position in Amazon.com during the first quarter worth about $59,000. Institutional investors and hedge funds own 72.20% of the company's stock. <h2>Amazon.com News Roundup</h2>Here are the key news stories impacting Amazon.com this week:<ul> <li>Positive Sentiment: Wall Street and strategy pieces highlight AWS + AI as the primary upside driver for 2026 and beyond — analysts see accelerating AWS growth, AI share gains and improving margins as the bull case. Amazon's 2026 Bull Case Isn't Retail — It's AWS, AI And Margin Discipline</li> <li>Positive Sentiment: Multiple firms maintain buy/outperform ratings and ~$300 median price target (some above $300), underpinning investor conviction and setting a clear upside reference point. Amazon Looks Stuck—So Why Do Analysts Keep Calling for $300?</li> <li>Positive Sentiment: Amazon announced Alexa integrations with Square, Expedia, Yelp and Angi for agentic AI features — expands ecosystem and monetization opportunities for voice/assistant commerce. Amazon Intros AI Integrations For Alexa</li> <li>Positive Sentiment: Billionaire investor activity: Third Point reportedly increased its AMZN stake, a vote of confidence that can support sentiment and flows. Billionaire Investor Bets Bigger On Amazon As Cloud, AI Soar</li> <li>Neutral Sentiment: Technical/flow signals: a recent Power Inflow alert flagged institutional order flow into AMZN — may attract short‑term traders but is not a fundamental catalyst. Amazon Shares Hit Intraday High After Key Trading Signal</li> <li>Negative Sentiment: Zoox recall: Amazon’s self‑driving unit will recall 332 U.S. vehicles for an Automated Driving Systems software issue — raises operational, PR and potential regulatory risk for the autonomy arm. Amazon's Zoox to recall 332 US vehicles over software error</li> <li>Negative Sentiment: Amazon is blocking third‑party AI shopping agents from scraping its site while exploring partnerships — a defensive move that could lead to friction with AI startups and consumer‑facing partners, creating short‑term uncertainty for retail discovery and ad revenue dynamics. Amazon Tightens Platform Access as AI Shopping Agents Expand Amazon faces 'leader's dilemma' — fight AI shopping bots or join them</li> <li>Negative Sentiment: Political/regulatory scrutiny: Senators (e.g., Elizabeth Warren) are probing whether big cloud players are shifting AI data‑center energy costs to consumers — potential for regulation, higher compliance costs or reputational pressure. Elizabeth Warren Warns Amazon And Meta Could Be Passing AI Data Center Costs Onto Consumers</li> <li>Negative Sentiment: Heavy insider selling and mixed institutional flows continue to draw attention — notable sales by senior insiders can weigh on sentiment despite long‑term bullish thesis. Amazon Stock (AMZN) Opinions on AI and Cloud Expansion</li> </ul><h2>Analyst Ratings Changes</h2><ul><li>Amazon Now Delivery Push Could Boost Its 2026 Outlook</li></ul>Several analysts have issued reports on the company. Wells Fargo &amp; Company restated an &#34;overweight&#34; rating and issued a $295.00 price objective (up previously from $292.00) on shares of Amazon.com in a research note on Tuesday, December 2nd. President Capital increased their price target on Amazon.com from $280.00 to $320.00 and gave the company a &#34;buy&#34; rating in a research note on Tuesday, November 4th. Weiss Ratings reaffirmed a &#34;buy (b)&#34; rating on shares of Amazon.com in a research report on Monday. Citigroup reissued an &#34;overweight&#34; rating on shares of Amazon.com in a research report on Wednesday, November 26th. Finally, Cowen restated a &#34;buy&#34; rating on shares of Amazon.com in a research note on Tuesday, November 25th. Two investment analysts have rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, Amazon.com presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $295.50.Check Out Our Latest Stock Analysis on Amazon.com<h2>Amazon.com Price Performance</h2><ul><li>Jabil Is Flying Under the Radar—But a 50% Surge May Be Coming</li></ul>NASDAQ:AMZN opened at $232.25 on Thursday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. 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 firm's 50-day simple moving average is $230.34 and its 200 day simple moving average is $225.97. The firm has a market cap of $2.48 trillion, a price-to-earnings ratio of 32.80, a P/E/G ratio of 1.60 and a beta of 1.37. Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $177.53 billion. During the same quarter in the previous year, the firm posted $1.43 EPS. The business's revenue for the quarter was up 13.4% compared to the same quarter last year. As a group, sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year. <h2>Insider Buying and Selling at Amazon.com</h2>In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of the firm's 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 transaction, the chief executive officer owned 505,934 shares in the company, valued at $117,993,927.48. This trade represents a 0.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at the SEC website. Also, CEO Matthew S. Garman sold 17,768 shares of Amazon.com stock in a transaction on Friday, November 21st. The shares were sold at an average price of $216.90, for a total value of $3,853,879.20. Following the completion of the transaction, the chief executive officer directly owned 6,273 shares of the company's stock, valued at $1,360,613.70. This represents a 73.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 82,234 shares of company stock valued at $19,076,767 over the last ninety days. 9.70% of the stock is owned by corporate insiders. <h2>Amazon.com Company Profile</h2> (Free Report)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.<h2>Recommended Stories</h2><ul><li>Five stocks we like better than Amazon.com</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Forget AI, This Will Be the Next Big Tech Breakthrough</li></ul>Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN - Free Report).<img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QU1aTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QU1aTg"/>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.<h2>Should You Invest $1,000 in Amazon.com Right Now?</h2>Before you consider Amazon.com, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amazon.com wasn't on the list.While Amazon.com currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here </div>

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Perpetual Ltd increased its stake in Amazon.com by 8.9% in Q3, owning 317,736 shares worth $69.8 million. Analysts maintain positive sentiment on Amazon, highlighting AWS and AI as growth drivers, with price targets around $300. Despite some negative sentiment due to Zoox recall and AI platform access issues, institutional investors show confidence in Amazon's long-term prospects.

- Perpetual Ltd increased its stake in Amazon.com, Inc. by 8.9% in Q3, holding 317,736 shares worth $69.77 million after purchasing 25,921 shares.  
- Several large investors adjusted their positions in Amazon, with notable stakes acquired or increased, reflecting a strong interest from institutional investors who own 72.20% of the stock.  
- Analysts maintain a positive outlook, with a consensus rating of "Moderate Buy" and an average target price of $295.50, driven by growth in AWS and AI integrations despite some negative sentiments regarding insider selling and regulatory scrutiny.

Perpetual Ltd Buys 25,921 Shares of Amazon.com, Inc. $AMZN