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Manning & Napier Advisors LLC Boosts Amazon.Com Stake

Manning & Napier Advisors LLC Boosts Amazon.Com Stake

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Manning & Napier Advisors LLC, managed by Bill Manning, recently executed a significant transaction involving Amazon.Com, Inc. ((AMZN)). The hedge fund increased its position by 156,807 shares.

Recent Updates on Amazon.Com, Inc. stock

Over the past month, Amazon.com, Inc. shares have been roughly flat to modestly higher, with performance varying slightly across reports (about –0.4% to +4.5% for the month and roughly flat to low‑single‑digit gains over the past year), while the stock has seen some short‑term weakness in several recent weeks. Despite this muted price action, Wall Street remains strongly bullish, with a consistent Strong Buy consensus and average 12‑month price targets clustered around $294–$297 versus recent prices in the low‑ to mid‑$240s, implying substantial upside. Top analysts from BMO, Bank of America, and Citi have all reiterated Buy ratings with targets ranging from $286 to $320, citing expectations for accelerating AWS growth (around 21–22.5% year over year in late 2025), robust holiday and e‑commerce performance, and fast‑growing advertising revenue. They highlight AI‑driven cloud demand, expanding ad partnerships, and logistics and infrastructure investment as key drivers of revenue, margin expansion, and potential valuation multiple rerating in 2026, even as they acknowledge macro and competitive risks and rising capital expenditures tied to AI and data center build‑outs.

Spark’s Take on AMZN Stock

According to Spark, TipRanks’ AI Analyst, AMZN is a Outperform.

Amazon’s overall stock score is driven by strong financial performance and positive earnings call sentiment, particularly in AWS and advertising growth. However, technical analysis indicates short-term weakness, and the high P/E ratio suggests a premium valuation. Cash flow management remains an area for improvement.

To see Spark’s full report on AMZN stock, click here.

More about Amazon.Com, Inc.

YTD Price Performance: 0.94%

Average Trading Volume: 40,755,573

Current Market Cap: $2490.7B

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