Root Financial Partners 13F: Adds $1.4M to AMZN Stake
Key Points
- Root Financial Partners increased its holdings in Amazon.com, Inc. AMZN by 13.4%, lifting its total stake to 47,577 shares valued at $11,853,791.
- Amazon shares recently traded around $253.54, sitting below their 50-day moving average and about 11.7% under their 52-week high.
- A group of 58 analysts currently maintains a consensus strong buy rating on the online retail giant with a mean price target of $331.72.
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Root Financial Partners boosted its holdings in Amazon.com, Inc. AMZN by 5,610 shares during the quarter, bringing its total investment to 47,577 shares. According to a Form 13F filing with the SEC on October 21, 2026, the updated stake was valued at $11,853,791. The fund held 41,967 shares previously, making this a 13.4% increase.
AMZN
Amazon.com, Inc.
What Changed in Root Financial Partners's Amazon Position
The reported change expanded the fund's investment by 13.367646007577383%, adding thousands of shares to its portfolio over the period. The total value of the holdings reached roughly $11.85 million based on the figures provided in the filing disclosure.
Other Institutional Activity in Amazon
Other large investors adjusted their positions around the same time. Livforsakringsbolaget Skandia, Omsesidigt reduced its holdings by 16,000 shares, ending with 458,381 shares worth about $114,205,626. Sumitomo Mitsui DS Asset Management Company grew its holdings by 49,999 shares, ending with 1,793,928 shares worth about $446,957,161. Accurate Wealth Management grew its holdings by 4,384 shares, ending with 68,541 shares worth about $17,701,204. James Hambro & Partners grew its holdings by 10,118 shares, ending with 785,685 shares worth about $195,753,417. Y-Intercept reduced its holdings by 195,242 shares, ending with 71,237 shares worth about $17,748,699.
Amazon.com, Inc. Stock Down 3.5%
Amazon shares closed at $262.37 on October 21, 2026, and recently traded around $253.54 as of October 22, 2026, down about 3.4% since that filing date. The stock sits below its 50-day moving average of $256.33, while remaining above its 200-day moving average of $243.21. Shares trade 11.7% below their 52-week high of $287.20 and 29.4% above their 52-week low of $196.00. The current price sits 23.6% below the average analyst price target of $331.72.
Recent Earnings
Amazon operates with strong financial metrics, generating substantial trailing twelve month revenue alongside healthy profit margins and solid returns on equity.
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 sales by officers such as Douglas J. Herrington and David A. Zapolsky.
Analysts Set New Price Targets
Wall Street firms maintain positive views on the consumer cyclical company, with multiple banks updating their outlooks and price targets ahead of the upcoming earnings release scheduled for October 29, 2026.
About Amazon
Amazon.com, Inc. operates an extensive online retail network alongside physical stores, digital advertising, and cloud computing through Amazon Web Services. The Seattle-based company also develops popular electronic devices and media content, serving customers globally across North America and international markets.
Bottom Line
Institutional interest in Amazon remains active as investors prepare for the company's next earnings report on October 29, 2026. Market participants will watch for further updates on retail demand and cloud growth in the upcoming disclosure.
Related Filing Alerts
Source: Root Financial Partners's 13F filing on $AMZN (Oct 21, 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