Advisors Asset Management Inc. Reduces Stake in Amazon.com, Inc. $AMZN

Advisors Asset Management Inc. cut its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 787,146 shares of the e-commerce giant’s stock after selling 7,059 shares during the period. Amazon.com makes up approximately 2.9% of Advisors Asset Management Inc.’s holdings, making the stock its biggest position. Advisors Asset Management Inc.’s holdings in Amazon.com were worth $172,834,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in AMZN. Brighton Jones LLC raised its holdings in shares of Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after buying an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Amazon.com by 4.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after acquiring an additional 986 shares during the period. Bank Pictet & Cie Europe AG lifted its holdings in Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after buying an additional 54,987 shares during the period. Highview Capital Management LLC DE lifted its stake in Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after buying an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC bought a new position in Amazon.com during the 4th quarter worth approximately $2,153,000. Institutional investors own 72.20% of the company’s stock.

Trending Headlines about Amazon.com

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

• Positive Sentiment: OpenAI strategic partnership validates AWS AI demand — Amazon’s multi‑year deal with OpenAI (including an initial tranche and a potential investment of up to $50B plus large workload commitments) reassures investors that high capex is backed by long‑duration customer demand. Amazon’s OpenAI tie-up ‘positive proof’ for AI growth
• Positive Sentiment: Expansion of AI infrastructure — Amazon is buying a Virginia campus (~$427M) and continuing large data‑center investments to host AI workloads, supporting long‑term AWS revenue growth. Amazon invests $427M in new AI data hub
• Positive Sentiment: Wall Street support and high price targets — Many analysts remain bullish (numerous Buy/Outperform ratings and a median price target well above current levels), which provides technical and sentiment support for a rebound. Analyst commentary and price targets
• Neutral Sentiment: Pledge to self‑power AI data centers — Amazon joined other big tech firms in a White House pledge to provide their own power for AI data centers; helpful for long‑run grid resilience but vague on sourcing and near‑term impact. Top tech companies sign Trump’s pledge
• Neutral Sentiment: Operational expansion in retail markets — Initiatives like 15‑minute delivery rollout in Brazil signal growth initiatives in international commerce, but they are incremental vs. the AWS/AI story. Amazon deploys 15-minute delivery in Brazil
• Negative Sentiment: Drone strikes damaged Middle East AWS facilities — Physical damage and prolonged outages in UAE and Bahrain introduce operational risk, customer disruption and potential remediation costs; these headlines have weighed on sentiment periodically. Amazon’s Bahrain data center targeted by Iran
• Negative Sentiment: Job cuts and robotics scaling back — Recent layoffs in the robotics unit and reports of reduced robot deployments are a reminder of near‑term cost pressures and restructuring that can hurt execution narratives. Amazon cuts more jobs in robotics unit
• Negative Sentiment: Insider selling — A CEO Form 4 shows a small sale (1,000 shares); while modest in size, continued insider sales across the company are watched by investors as a negative signal. SEC filing: insider sale

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 1,000 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $204.25, for a total value of $204,250.00. Following the completion of the sale, the chief executive officer directly owned 521,361 shares of the company’s stock, valued at $106,487,984.25. This trade represents a 0.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Matthew S. Garman sold 17,751 shares of the stock in a transaction dated 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 transaction, the chief executive officer owned 9,405 shares of the company’s stock, valued at $1,930,094.10. This represents a 65.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 71,686 shares of company stock valued at $14,688,739 in the last ninety days. 9.70% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have commented on AMZN. Daiwa Securities Group dropped their target price on shares of Amazon.com from $300.00 to $280.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Amazon.com in a research report on Friday, February 6th. CICC Research boosted their target price on shares of Amazon.com from $240.00 to $280.00 and gave the company an “outperform” rating in a research report on Wednesday, November 5th. Arete Research raised their price target on Amazon.com from $283.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and issued a $300.00 price objective on shares of Amazon.com in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and an average target price of $287.29.

Amazon.com Stock Up 3.9%

AMZN stock opened at $216.82 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. The stock’s 50 day simple moving average is $225.48 and its 200 day simple moving average is $227.39. 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 market cap of $2.33 trillion, a P/E ratio of 30.24, a price-to-earnings-growth ratio of 1.56 and a beta of 1.40.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). The business had revenue of $213.39 billion for the quarter, compared to analyst estimates of $211.02 billion. Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The firm’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.86 earnings per share. On average, research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

About Amazon.com

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.