Golden State Wealth Management LLC Acquires 3,163 Shares of Amazon.com, Inc. $AMZN

Golden State Wealth Management LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 3.7% during the third quarter, Holdings Channel reports. The institutional investor owned 87,764 shares of the e-commerce giant’s stock after buying an additional 3,163 shares during the period. Amazon.com makes up 2.1% of Golden State Wealth Management LLC’s portfolio, making the stock its 8th biggest holding. Golden State Wealth Management LLC’s holdings in Amazon.com were worth $19,270,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Barlow Wealth Partners Inc. raised its stake in shares of Amazon.com by 0.4% in the 2nd quarter. Barlow Wealth Partners Inc. now owns 12,565 shares of the e-commerce giant’s stock valued at $2,763,000 after purchasing an additional 44 shares in the last quarter. Probity Advisors Inc. increased its holdings in Amazon.com by 0.4% in the second quarter. Probity Advisors Inc. now owns 12,157 shares of the e-commerce giant’s stock valued at $2,667,000 after buying an additional 45 shares during the last quarter. Union Savings Bank lifted its holdings in Amazon.com by 0.4% during the 2nd quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant’s stock worth $2,510,000 after buying an additional 45 shares during the last quarter. Doheny Asset Management CA lifted its holdings in Amazon.com by 0.3% during the 2nd quarter. Doheny Asset Management CA now owns 17,821 shares of the e-commerce giant’s stock worth $3,910,000 after buying an additional 45 shares during the last quarter. Finally, IMPACTfolio LLC grew its position in shares of Amazon.com by 3.8% in the 3rd quarter. IMPACTfolio LLC now owns 1,225 shares of the e-commerce giant’s stock worth $269,000 after acquiring an additional 45 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $204.79 on Thursday. The stock has a market cap of $2.20 trillion, a P/E ratio of 28.56, a P/E/G ratio of 1.29 and a beta of 1.37. The firm’s 50-day simple moving average is $229.05 and its 200 day simple moving average is $228.31. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $258.60. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.02). Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The company had revenue of $213.39 billion for the quarter, compared to analyst estimates of $211.02 billion. During the same period in the previous year, the business posted $1.86 EPS. The firm’s quarterly revenue was up 13.6% on a year-over-year basis. Equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Trending Headlines about Amazon.com

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: Large potential cloud revenue tail — analysis shows Anthropic expects to pay cloud partners at least $80 billion through 2029, a meaningful demand signal for AWS infrastructure and a long-term revenue stream for Amazon. Anthropic to pay cloud partners $80B
• Positive Sentiment: Investor endorsements and bullish analysis on AI upside — some prominent value investors (e.g., Baupost’s Seth Klarman) have added to Amazon positions and several analysts argue AWS + retail AI monetization are underappreciated, supporting upside expectations for AMZN. Klarman piling into Amazon
• Neutral Sentiment: New product/market initiatives — Amazon is reported to be working on an AI content marketplace for publishers (AWS-led) and planning additional big-box retail locations near Chicago; both expand addressable markets but are early-stage for material near-term earnings impact. AI content marketplace Big-box store plan
• Negative Sentiment: Major shareholder selling: Berkshire Hathaway sharply reduced its AMZN stake (≈77% cut), a headline that has pressured sentiment and fed fear around Amazon’s capital allocation/valuation. Berkshire cuts Amazon stake
• Negative Sentiment: AI spending jitters and CapEx guidance — investor concern about Amazon’s guidance for roughly $200 billion in 2026 CapEx (to scale AI, custom silicon, robotics and data centers) continues to weigh on the multiple and short-term sentiment. CapEx and losing streak
• Negative Sentiment: Fund/hedge adjustments and selloff narrative — several funds (Third Point, Appaloosa, others) trimmed Amazon positions amid a broader tech rotation; the stock has been through an extended selling streak that magnified volatility. Third Point trims Amazon
• Negative Sentiment: Operational R&D setback — Amazon halted its “Blue Jay” warehouse robot project after only months, a signal that some tech/automation bets may not pay off quickly and that R&D execution risk remains. Blue Jay project halted
• Neutral Sentiment: Insider sale disclosure — CEO Douglas Herrington sold a small block of shares (4,784) recently; the trade is material for disclosure but small relative to total insider holdings. SEC Form 4

Insider Activity at Amazon.com

In related news, CEO Matthew S. Garman sold 17,768 shares of the firm’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $216.90, for a total transaction of $3,853,879.20. Following the completion of the transaction, the chief executive officer owned 6,273 shares of the company’s stock, valued at $1,360,613.70. This trade represents a 73.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $216.94, for a total value of $4,311,031.68. Following the transaction, the chief executive officer directly owned 2,208,310 shares in the company, valued at approximately $479,070,771.40. The trade was a 0.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 45,924 shares of company stock worth $9,904,963 over the last quarter. 9.70% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Monness Crespi & Hardt reduced their price objective on Amazon.com from $300.00 to $280.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Wall Street Zen downgraded shares of Amazon.com from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. BNP Paribas Exane started coverage on shares of Amazon.com in a research report on Monday, November 24th. They set an “outperform” rating for the company. Royal Bank Of Canada reissued an “outperform” rating and issued a $300.00 target price on shares of Amazon.com in a report on Friday, February 6th. Finally, Scotiabank restated an “outperform” rating and issued a $275.00 target price (down from $300.00) on shares of Amazon.com in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $287.30.

Amazon.com Profile

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.