Amazon.com, Inc. $AMZN is Channing Global Advisors LLC’s 5th Largest Position

Channing Global Advisors LLC lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 19.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 37,932 shares of the e-commerce giant’s stock after selling 9,321 shares during the period. Amazon.com makes up approximately 5.8% of Channing Global Advisors LLC’s portfolio, making the stock its 5th largest position. Channing Global Advisors LLC’s holdings in Amazon.com were worth $8,329,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Jim Saulnier & Associates LLC increased its position in Amazon.com by 59.7% during the third quarter. Jim Saulnier & Associates LLC now owns 3,014 shares of the e-commerce giant’s stock worth $662,000 after buying an additional 1,127 shares in the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its stake in shares of Amazon.com by 0.7% during the third quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 9,584 shares of the e-commerce giant’s stock valued at $2,104,000 after acquiring an additional 70 shares during the last quarter. Aspetuck Financial Management LLC increased its position in Amazon.com by 0.3% during the 3rd quarter. Aspetuck Financial Management LLC now owns 15,260 shares of the e-commerce giant’s stock worth $3,351,000 after purchasing an additional 47 shares in the last quarter. Argent Advisors Inc. raised its stake in Amazon.com by 13.4% in the 3rd quarter. Argent Advisors Inc. now owns 14,769 shares of the e-commerce giant’s stock valued at $3,243,000 after purchasing an additional 1,747 shares during the last quarter. Finally, Pegasus Asset Management Inc. lifted its holdings in Amazon.com by 0.7% in the 3rd quarter. Pegasus Asset Management Inc. now owns 38,386 shares of the e-commerce giant’s stock valued at $8,428,000 after purchasing an additional 270 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 4,784 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $198.37, for a total value of $949,002.08. Following the completion of the sale, the chief executive officer owned 512,109 shares of the company’s stock, valued at $101,587,062.33. This trade represents a 0.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last three months, insiders sold 8,284 shares of company stock valued at $1,740,052. 9.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on AMZN shares. Scotiabank reiterated an “outperform” rating and set a $275.00 price target (down from $300.00) on shares of Amazon.com in a report on Friday, February 6th. BMO Capital Markets reiterated an “outperform” rating and issued a $310.00 price target (up from $304.00) on shares of Amazon.com in a report on Tuesday, February 3rd. UBS Group set a $311.00 price target on Amazon.com in a research note on Tuesday, February 3rd. New Street Research lowered their price objective on Amazon.com from $350.00 to $285.00 and set a “buy” rating for the company in a research report on Thursday, February 12th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating 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 company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $287.30.

Amazon.com Stock Up 0.0%

Shares of NASDAQ AMZN opened at $204.86 on Friday. The stock has a fifty day moving average price of $228.54 and a 200 day moving average price of $228.15. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60. The company has a market cap of $2.20 trillion, a P/E ratio of 28.57, a P/E/G ratio of 1.31 and a beta of 1.37.

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

More Amazon.com News

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

• Positive Sentiment: Big cloud demand signal — Anthropic expects to pay cloud providers at least $80 billion through 2029, implying material recurring revenue opportunity for AWS. Anthropic to pay cloud partners $80B
• Positive Sentiment: Institutional buying and notable value investors adding exposure (e.g., Baupost, Duquesne/Druckenmiller, D1 increases) supports conviction that AWS/AI upside is underappreciated. Klarman piling into Amazon
• Neutral Sentiment: Amazon now reports higher annual revenue than Walmart — a symbolic victory that underscores scale but has mixed near-term margin implications. Amazon surpasses Walmart in revenue
• Neutral Sentiment: Insider disclosure — CEO Douglas Herrington sold a small block of shares; notable for transparency but immaterial to company capital structure. SEC Form 4
• Negative Sentiment: Legal risk: Washington Supreme Court ruled Amazon can be sued over suicides linked to sodium nitrite purchased via its marketplace — opens path to multi-jurisdictional claims and litigation costs. Washington court rules Amazon can be sued
• Negative Sentiment: Major holder reductions: Berkshire/Buffett sharply trimmed AMZN, a headline that has amplified selling pressure and questioned near-term investor appetite from traditional long-only allocators. Berkshire cuts Amazon stake
• Negative Sentiment: CapEx and cash-flow concerns — analysts and commentators flag Amazon’s ~ $200B 2026 capex plan (AI/data centers/custom silicon), which could pressure free cash flow and the multiple in the near term. Seeking Alpha: Exploding CapEx
• Negative Sentiment: Operational/setback headlines — reports of layoffs in New York and the halt of the Blue Jay warehouse-robot project highlight execution and cost-management risks. NY layoffs Blue Jay halted

Amazon.com Company 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.