Alta Capital Management LLC Has $103.90 Million Stake in Amazon.com, Inc. $AMZN

Alta Capital Management LLC decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 473,174 shares of the e-commerce giant’s stock after selling 3,128 shares during the period. Amazon.com comprises 5.8% of Alta Capital Management LLC’s portfolio, making the stock its 4th biggest position. Alta Capital Management LLC’s holdings in Amazon.com were worth $103,895,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Fairway Wealth LLC raised its position in Amazon.com by 113.2% during the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after acquiring an additional 60 shares in the last quarter. Sellwood Investment Partners LLC acquired a new position in shares of Amazon.com during the 3rd quarter worth about $27,000. Cooksen Wealth LLC raised its holdings in shares of Amazon.com by 23.5% in the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock valued at $54,000 after purchasing an additional 47 shares during the period. PayPay Securities Corp lifted its stake in Amazon.com by 62.3% in the 3rd quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant’s stock valued at $55,000 after purchasing an additional 96 shares during the last quarter. Finally, Access Investment Management LLC bought a new position in Amazon.com during the second quarter worth about $74,000. 72.20% of the stock is owned by institutional investors.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Amazon announced a major infrastructure push: a $12 billion data‑center buildout in northwest Louisiana to support AI and cloud demand — this is concrete capacity for AWS, strengthens the company’s AI/service revenue runway and supports longer‑term AWS growth. Amazon plans $12 billion data center buildout in Louisiana
• Positive Sentiment: Sector tailwinds: a tech-led market rally and reports of cooperation between Anthropic and software vendors boosted software/cloud stocks, helping AWS-exposed names like Amazon. This provides short‑term market momentum for AMZN. Anthropic Extends Enterprise Olive Branch, Lifts Software Stocks
• Neutral Sentiment: Leadership and research changes: David Luan, head of Amazon’s AGI lab, is leaving after under two years — a development to monitor for AGI program continuity but not yet a clear hit to near‑term revenue. Head of Amazon’s AGI lab is leaving the company
• Negative Sentiment: Insider selling: multiple senior executives (including CEO Andy Jassy and other senior officers) disclosed sizable share sales last week — a negative sentiment signal that can add pressure to the stock even if sales are routine. Jassy Form 4 filing
• Negative Sentiment: Regulatory/legal headwinds: California asked a court to enjoin alleged merchant‑bullying on prices, and Italy’s privacy regulator banned an Amazon unit from processing staff personal data — potential fines, restrictions or adverse rulings could increase costs and uncertainty. California seeks injunction Italy privacy ban
• Negative Sentiment: AI capex debate persists: investor unease about Amazon’s roughly $200 billion AI/data‑center capex plan continues to weigh on valuation (questions on timing of returns and free‑cash‑flow impact). Several recent articles argue the spending spooked the market and is the principal reason for the February drawdown. A $200 Billion AI Bet Is Either Amazon’s Masterstroke or Its Biggest Mistake

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Oppenheimer set a $260.00 price objective on Amazon.com and gave the company an “outperform” rating in a research note on Friday, February 6th. BMO Capital Markets restated an “outperform” rating and issued a $310.00 price target (up from $304.00) on shares of Amazon.com in a research note on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. KeyCorp set a $285.00 target price on shares of Amazon.com in a research note on Friday, February 6th. Finally, Argus reaffirmed a “buy” rating and set a $325.00 target price on shares of Amazon.com in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $287.29.

Amazon.com Stock Performance

NASDAQ AMZN opened at $208.56 on Wednesday. The firm has a 50-day moving average price of $227.59 and a two-hundred day moving average price of $228.06. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60. The company has a market capitalization of $2.24 trillion, a P/E ratio of 29.09, a P/E/G ratio of 1.31 and a beta of 1.37. 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 announced 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). The business had revenue of $213.39 billion for the quarter, compared to the consensus estimate of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The firm’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.86 earnings per share. Analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Transactions at Amazon.com

In other news, CEO Matthew S. Garman sold 17,751 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the completion of the sale, the chief executive officer directly owned 9,405 shares in the company, valued at approximately $1,930,094.10. This represents a 65.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP David Zapolsky sold 10,649 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total value of $2,187,624.07. Following the completion of the transaction, the senior vice president owned 41,190 shares in the company, valued at $8,461,661.70. The trade was a 20.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 73,186 shares of company stock worth $15,067,539. Corporate insiders own 10.80% of the company’s stock.

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.