Accurate Wealth Management 13F: Adds $1.1M to AMZN Stake
Key Points
- Accurate Wealth Management lifted its Amazon.com, Inc. stake by 6.8% during the period, bringing its total holding to 68,541 shares worth $17,701,204.
- Amazon.com, Inc. trades near $262.76 as analysts maintain a strong buy consensus with an average price target of $331.72 ahead of upcoming earnings.
- Institutional peers and company insiders remain active as the e-commerce and cloud provider prepares to report its financial results on October 29, 2026.
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Accurate Wealth Management boosted its position in Amazon.com, Inc. AMZN by 4,384 shares during the period, according to a Form 13F filing with the SEC on October 20, 2026.
AMZN
Amazon.com, Inc.
What Changed in Accurate Wealth Management's Amazon.com, Inc. Position
The firm expanded its stake by a 6.8% margin, moving from 64,157 shares up to 68,541 shares. The reported value of the holding reached $17,701,204 at the time of the report.
Other Institutional Activity in Amazon.com, Inc.
Sumitomo Mitsui DS Asset Management Company grew its holdings by 49,999 shares, ending with 1,793,928 shares worth about $446,957,161.
Amazon.com, Inc. Stock Up 5.1%
Shares recently traded around $262.76 as of October 21, 2026, roughly matching the $262.63 close seen on October 20, 2026. The stock sits above both its 50-day and 200-day moving averages while trading below its 52-week high of $287.20.
Recent Earnings
Amazon.com, Inc. generated trailing twelve-month revenue of $775.68 billion alongside earnings of $12.43 per share. The company reported a net profit margin of 17.4% and a return on equity of 30.6%, with its next earnings report scheduled for October 29, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
23 analysts raised price targets.
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EPS & revenue
EPS missed estimates by 3.6%. Revenue met estimates.
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Profit surprise
EBITDA beat by 31 percent. Operating income beat by 90 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
23 target raises.
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Earnings quality
Gross margin up 1.3 points. Operating margin up 1.3 points. Positive free cash flow.
Earnings Call Summary
Amazon had a strong first quarter with $181.5 billion in revenue and record 13.1 percent operating margin. Cloud computing services grew 28 percent year over year, the fastest pace in 15 quarters, driven by artificial intelligence demand. The company is investing tens of billions in data centers and chips, expecting these upfront costs to deliver strong returns in future years as customers pay for the capacity.
Guidance Amazon expects second quarter sales between $194 billion and $199 billion, up from first quarter's $181.5 billion. Operating income should reach $20 billion to $24 billion as the company invests heavily in artificial intelligence and new satellites for the Amazon LEO business.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Insider Buying and Selling at Amazon.com, Inc.
Company insiders executed several transactions prior to the filing, including officer Matthew S. Garman selling 14,541 shares valued at $3,766,920 on August 21, 2026, and David A. Zapolsky disposing of 15,430 shares worth $4,004,345 on August 24, 2026. Douglas J. Herrington also completed two separate sales of 1,000 shares each on September 1, 2026, and October 1, 2026.
Analysts Set New Price Targets
Wall Street firms updated their views recently, starting with TD Cowen reiterating a buy rating and a $350.00 price target on October 5, 2026. Tigress Financial maintained a buy rating while lifting its target to $385.00 on October 6, 2026. Wells Fargo and Cantor Fitzgerald both maintained overweight ratings on October 12, 2026, with targets of $329.00 and $310.00 respectively. Morgan Stanley maintained an overweight rating and raised its target to $350.00 on October 19, 2026. The stock carries a consensus strong buy recommendation across 58 analyst opinions.
About Amazon.com, Inc.
Amazon.com, Inc. operates as a massive global e-commerce and cloud computing provider, serving consumers, sellers, and enterprises through online marketplaces, subscription services, and the Amazon Web Services platform. The company also produces consumer electronics and digital media content.
Bottom Line
Institutional adjustments like this one offer a look at how major wealth managers position themselves ahead of corporate milestones. Observers will track the company's upcoming earnings release on October 29, 2026, for further direction on revenue and cloud growth trends.
Related Filing Alerts
Source: Accurate Wealth Management's 13F filing on $AMZN (Oct 20, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts