Barton Investment Management Has $103.56 Million Holdings in Amazon.com, Inc. $AMZN

Barton Investment Management reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 1.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 497,238 shares of the e-commerce giant’s stock after selling 8,438 shares during the period. Amazon.com accounts for approximately 13.0% of Barton Investment Management’s investment portfolio, making the stock its 3rd biggest position. Barton Investment Management’s holdings in Amazon.com were worth $103,560,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in Amazon.com by 1.1% during the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after acquiring an additional 8,913,959 shares during the last quarter. State Street Corp grew its position in shares of Amazon.com by 1.8% in the fourth quarter. State Street Corp now owns 388,653,121 shares of the e-commerce giant’s stock valued at $89,708,913,000 after purchasing an additional 6,971,680 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Amazon.com by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 225,120,994 shares of the e-commerce giant’s stock worth $51,753,622,000 after purchasing an additional 2,479,324 shares during the period. Norges Bank bought a new position in shares of Amazon.com during the fourth quarter worth approximately $32,868,735,000. Finally, Auto Owners Insurance Co lifted its holdings in Amazon.com by 27,376.7% during the 4th quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant’s stock worth $2,272,397,000 after purchasing an additional 98,090,585 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on AMZN. Sanford C. Bernstein restated an “outperform” rating and issued a $315.00 price target (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. KeyCorp raised their target price on shares of Amazon.com from $325.00 to $330.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Royal Bank Of Canada reiterated a “buy” rating on shares of Amazon.com in a research report on Tuesday, June 16th. Citigroup reiterated a “market outperform” rating on shares of Amazon.com in a research note on Monday, June 1st. Finally, William Blair reissued an “outperform” rating on shares of Amazon.com in a research report on Thursday, April 9th. Fifty-seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Amazon.com has an average rating of “Moderate Buy” and an average target price of $312.78.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $263.42, for a total value of $5,268,400.00. Following the sale, the chief executive officer owned 2,205,766 shares in the company, valued at $581,042,879.72. This trade represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,270 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $268.53, for a total value of $2,489,273.10. Following the sale, the senior vice president directly owned 41,190 shares in the company, valued at approximately $11,060,750.70. This trade represents a 18.37% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 194,774 shares of company stock worth $51,403,934 over the last quarter. 8.90% of the stock is currently owned by company insiders.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Reuters reported that online spending rose 5.3% on the first day of Amazon’s Prime Day event, reinforcing expectations for strong e-commerce sales and helping lift sentiment around AMZN. Online Spending Rises 5.3% on First Day of Amazon’s (AMZN) Prime Day, Reuters Reports
• Positive Sentiment: Amazon disclosed a new $1 billion AWS Forward Deployed Engineering unit, aimed at embedding AI engineers with customers to speed enterprise AI adoption — a sign that management sees AI services as a major growth driver for AWS. Amazon’s AWS commits $1 billion toward new unit for embedded AI engineers
• Positive Sentiment: Amazon’s Prime promotions for fuel and grocery discounts around the July 4 holiday may support membership engagement and near-term retail traffic, adding another tailwind to the consumer story. From the Gas Pump to the Grill: Prime Introduces Summer Savings Just in Time for the Fourth of July
• Positive Sentiment: Several market commentators said Amazon could benefit from rising cloud budgets and broader AI spending, with some analysts arguing AWS is positioned to reap rewards from the enterprise software spending boom. Amazon Could Be About to Reap the Rewards of a Software Spending Boom
• Neutral Sentiment: Meta’s reported push into cloud infrastructure may increase competition for AWS over time, but the move also underscores the strength of the cloud/AI market that Amazon is competing in. Meta Plans Cloud Business to Take on Big Tech Rivals
• Neutral Sentiment: Amazon is also facing headline risk from Australia’s lawsuit over Prime Video ad terms and a separate FTC settlement, but those developments appear more like manageable legal overhangs than a change to the company’s core growth narrative. Australia sues Amazon unit over alleged breach via Prime Video ads

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $241.70 on Thursday. The company has a 50 day moving average of $254.97 and a 200-day moving average of $234.39. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $278.56. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. The company has a market cap of $2.60 trillion, a PE ratio of 28.91, a price-to-earnings-growth ratio of 1.78 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $1.15. The business had revenue of $181.52 billion for the quarter, compared to analyst estimates of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The firm’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same quarter last year, the business posted $1.59 EPS. As a group, equities research analysts forecast that Amazon.com, Inc. will post 7.71 earnings per share for the current fiscal year.

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.