Concurrent Investment Advisors 13F: Adds $63M to AMZN Stake
Concurrent Investment Advisors has boosted its stake in Amazon by 252,417 shares.
Reviewed by automated data checks against the source filing. How we make and check alerts
Concurrent Investment Advisors added 252,417 shares to its stake in Amazon.com, Inc. ($AMZN), a 35.01% increase, according to a 13F filing with the SEC dated October 16, 2026. It reported 973,401 shares worth $242.52 million at the end of the quarter.
AMZN
Amazon.com, Inc.
Key Points
- Concurrent Investment Advisors increased its Amazon.com, Inc. (AMZN) position by 252,417 shares, raising its total to 973,401 shares valued at approximately $242.5 million.
- The stock has traded recently at $249.83, which is below its 50-day moving average by about 3% and below its 52-week high by 13%.
- Currently, analysts have a consensus 'strong buy' rating on Amazon, with a mean price target of $331.46, which is 24.6% above the recent trading price.
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Concurrent Investment Advisors has increased its position in Amazon.com, Inc. (AMZN) by 252,417 shares, bringing its total to 973,401 shares. This stake is valued at approximately $242.5 million, reflecting a 35.0% increase from its previous shares of 720,984. The filing was disclosed on October 16, 2026.
What Changed in Concurrent Investment Advisors' Amazon Position
Concurrent Investment Advisors added 252,417 shares to its holdings in Amazon.com, Inc., growing its stake to 973,401 shares. The total reported value of this position is around $242.5 million.
Other Institutional Activity in Amazon.com, Inc.
Several other institutional investors have also been active in Amazon. Blackrock Inc. grew its holdings by 12,871,805 shares, totaling 748,403,539 shares worth about $187.1 billion. Vanguard Capital Management LLC increased its stake by 4,607,444 shares, bringing its total to 635,764,130 shares valued at $158.9 billion. State Street Corporation added 6,754,482 shares, ending with 397,186,958 shares worth approximately $99.3 billion. FMR, LLC raised its position by 6,958,810 shares to 365,660,364 shares valued at around $91.4 billion.
Amazon.com, Inc. Stock Down 1.6%
As of October 16, 2026, Amazon shares are trading at $249.83, which is below its 50-day moving average of $257.52 by about 3%. The stock also sits approximately 13% below its 52-week high of $287.20. Investors are observing these levels closely, especially given the recent increase in stake from Concurrent Investment Advisors.
Recent Earnings
In its latest financial results, Amazon reported trailing twelve-month revenue of $775.7 billion and earnings per share of $12.43, reflecting solid revenue growth of 19.6% year-over-year. The next earnings report is 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.
Several insiders have sold shares recently, including Officer Matthew S Garman, who sold 14,541 shares valued at about $3.77 million on August 21, 2026. Another officer, David A. Zapolsky, sold 15,430 shares worth approximately $4 million on August 24, 2026. Douglas J. Herrington sold 1,000 shares on both September 1 and October 1, 2026, with values of about $254,770 and $251,500 respectively.
Analysts Set New Price Targets
Analysts remain optimistic about Amazon's prospects. On September 30, 2026, Rosenblatt maintained a 'Buy' rating with a target of $360.00, while TD Cowen reiterated a 'Buy' rating with a target of $350.00 on October 5. Tigress Financial also maintained a 'Buy' rating with a new target of $385.00 on October 6, up from $315.00. Overall, analysts have a strong consensus rating of 'strong buy' with a mean target price of $331.46.
About Amazon.com, Inc.
Amazon.com, Inc. is a leading player in internet retail, offering a wide range of consumer products through its online platform. The company operates in various sectors, including North America, international markets, and cloud computing through Amazon Web Services (AWS). This recent increase in stake by Concurrent Investment Advisors signals continued interest in Amazon's growth potential.
Bottom Line
Investors will be watching Amazon closely, particularly with its next earnings report on October 29, 2026. The recent 13F filing reflects positions as of the last quarter and may not represent current holdings. With a strong consensus from analysts and recent institutional activity, Amazon's stock remains a focal point in the market.
Related Filing Alerts
Source: Concurrent Investment Advisors's 13F filing on $AMZN (Oct 16, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Read the original filing: 13F-HR filing on SEC EDGAR. Written by software, not financial advice. How we make alerts