Amazon.com, Inc. $AMZN Shares Acquired by Checchi Capital Advisers LLC

Checchi Capital Advisers LLC lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 5.2% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 72,298 shares of the e-commerce giant’s stock after purchasing an additional 3,587 shares during the period. Amazon.com makes up approximately 0.8% of Checchi Capital Advisers LLC’s holdings, making the stock its 27th largest holding. Checchi Capital Advisers LLC’s holdings in Amazon.com were worth $15,058,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AMZN. Vanguard Group Inc. boosted its holdings in shares of Amazon.com by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after purchasing 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 in the last quarter. Geode Capital Management LLC increased its holdings in shares of Amazon.com by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 225,120,994 shares of the e-commerce giant’s stock valued at $51,753,622,000 after purchasing an additional 2,479,324 shares during the last quarter. Norges Bank acquired a new stake in shares of Amazon.com in the fourth quarter valued at approximately $32,868,735,000. Finally, Auto Owners Insurance Co lifted its position in Amazon.com by 27,376.7% during the fourth quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant’s stock worth $2,272,397,000 after buying an additional 98,090,585 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Douglas J. Herrington sold 1,000 shares of Amazon.com stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $239.77, for a total value of $239,770.00. Following the completion of the sale, the chief executive officer owned 484,527 shares in the company, valued at approximately $116,175,038.79. This trade represents a 0.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 15,467 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $263.40, for a total value of $4,074,007.80. Following the completion of the sale, the chief executive officer directly owned 14,159 shares in the company, valued at approximately $3,729,480.60. The trade was a 52.21% 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. In the last ninety days, insiders sold 140,425 shares of company stock worth $37,715,464. Insiders own 8.90% of the company’s stock.

Amazon.com Stock Down 0.3%

Shares of NASDAQ:AMZN opened at $231.39 on Tuesday. The company has a market capitalization of $2.49 trillion, a price-to-earnings ratio of 27.68, a PEG ratio of 1.74 and a beta of 1.46. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $278.56. The business has a 50-day moving average price of $247.59 and a 200 day moving average price of $236.27. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $1.15. The company had revenue of $181.52 billion for the quarter, compared to analysts’ expectations of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. Amazon.com’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.59 earnings per share. Sell-side analysts expect that Amazon.com, Inc. will post 7.75 EPS for the current year.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Amazon filed with the FCC to deploy up to 5,105 low-Earth-orbit satellites for direct-to-device messaging, voice, data and emergency services, targeting service launch in 2028. The initiative would expand Project Leo beyond broadband, leverage assets associated with Amazon’s planned $11.6 billion Globalstar acquisition and challenge SpaceX’s Starlink in the mobile-connectivity market. Amazon seeks federal approval to launch 5,105 satellites for direct-to-device network
• Positive Sentiment: Analyst Brian White reaffirmed a Buy rating and $315 price target, citing momentum at Amazon Web Services (AWS). The target implies considerable upside from current trading levels, although it remains dependent on execution and earnings results. Amazon Buy Rating Reaffirmed as AWS Momentum Drives Outlook
• Neutral Sentiment: Amazon reports second-quarter results on July 30, making AWS growth, operating margins, free cash flow and its AI investment outlook key catalysts. Analysts remain broadly optimistic, with the average price target reportedly near $313, but the results could produce significant volatility. Amazon’s Next Earnings Report Could Sink the Stock
• Negative Sentiment: Investors are increasingly concerned that Amazon’s roughly $200 billion 2026 capital-expenditure plan, much of it tied to AI infrastructure, could weigh on free cash flow. Strong earnings beats across technology have not consistently translated into stock gains, raising the bar for Amazon to demonstrate that AI spending will generate sufficient returns. Amazon and Microsoft Are Spending $400 Billion on AI
• Negative Sentiment: Warner Bros. Discovery sued Amazon over the hiring of an HBO Max executive, alleging that Amazon induced a contract breach and seeking restrictions on future employee poaching. The litigation adds a legal overhang, though its financial impact is currently unclear. Warner Bros. Discovery sues Amazon over HBO Max executive hire

Analyst Upgrades and Downgrades

AMZN has been the topic of a number of recent research reports. BNP Paribas Exane boosted their price objective on Amazon.com from $320.00 to $345.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Wells Fargo & Company set a $322.00 price target on Amazon.com and gave the stock an “overweight” rating in a report on Tuesday, July 21st. UBS Group set a $315.00 price target on shares of Amazon.com in a research report on Monday, June 1st. Scotiabank reissued an “outperform” rating and issued a $325.00 price objective (up from $275.00) on shares of Amazon.com in a report on Thursday, April 30th. Finally, Citigroup restated a “market outperform” rating on shares of Amazon.com in a research report on Wednesday, July 15th. Fifty-seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $312.91.

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.