Amazon.com, Inc. $AMZN Shares Sold by Trek Financial LLC

Trek Financial LLC trimmed its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 48.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 30,829 shares of the e-commerce giant’s stock after selling 28,425 shares during the period. Trek Financial LLC’s holdings in Amazon.com were worth $7,116,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in AMZN. Norges Bank purchased a new position in Amazon.com during the 2nd quarter worth approximately $27,438,011,000. Nuveen LLC purchased a new stake in shares of Amazon.com in the first quarter valued at $11,674,091,000. Laurel Wealth Advisors LLC boosted its position in shares of Amazon.com by 22,085.8% in the second quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant’s stock worth $2,671,634,000 after buying an additional 12,122,668 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after buying an additional 10,176,835 shares in the last quarter. Finally, Capital Research Global Investors grew its holdings in shares of Amazon.com by 11.3% during the third quarter. Capital Research Global Investors now owns 94,284,962 shares of the e-commerce giant’s stock valued at $20,702,362,000 after buying an additional 9,583,217 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on AMZN shares. Daiwa Securities Group reduced their price objective on Amazon.com from $300.00 to $280.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Needham & Company LLC upped their target price on Amazon.com from $265.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, April 30th. William Blair restated an “outperform” rating on shares of Amazon.com in a report on Thursday, April 9th. KeyCorp boosted their price objective on shares of Amazon.com from $325.00 to $330.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Finally, HSBC increased their target price on shares of Amazon.com from $280.00 to $310.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and a consensus target price of $312.52.

Insider Transactions at Amazon.com

In related news, CEO Andrew R. Jassy sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $263.42, for a total value of $5,268,400.00. Following the completion of the sale, the chief executive officer directly owned 2,205,766 shares in the company, valued at approximately $581,042,879.72. The trade was a 0.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,363 shares of Amazon.com stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $262.38, for a total value of $620,003.94. Following the sale, the vice president directly owned 119,780 shares in the company, valued at approximately $31,427,876.40. This trade represents a 1.93% decrease in their ownership of the stock. 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 quarter, insiders sold 195,774 shares of company stock worth $51,614,434. 8.90% of the stock is currently owned by company insiders.

Amazon.com News Summary

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

• Positive Sentiment: Amazon unveiled a new AI-powered warehouse robot and is backing a €10 billion expansion of its European fulfillment network, reinforcing expectations for faster logistics, lower operating costs, and continued AI-driven efficiency gains. Article Title
• Positive Sentiment: Amazon’s Prime Day was moved to June 23–26 and expanded to a four-day event, which could boost near-term retail sales, Prime sign-ups, and ad revenue while highlighting Alexa AI features in shopping. Article Title
• Positive Sentiment: Several articles pointed to Amazon’s growing AI and cloud opportunity, including comments that AWS, advertising, and subscriptions are compounding faster than retail and that Amazon remains one of the market’s main AI infrastructure beneficiaries. Article Title
• Positive Sentiment: Amazon overtook Walmart to become the largest U.S. company by revenue and surpassed $700 billion in annual sales, underscoring its scale and execution strength. Article Title
• Neutral Sentiment: Amazon launched Prime in South Africa for under $4 per month, a modest international expansion that supports long-term membership growth but is unlikely to move the stock immediately. Article Title
• Negative Sentiment: Amazon faces fresh pressure from a class-action lawsuit over Ring facial-recognition features and broader scrutiny of its data practices in Europe, adding regulatory and legal overhangs for AWS and connected devices. Article Title
• Negative Sentiment: Reports that Amazon is willing to discuss shutting down operations in Quebec and that engineers criticized the company’s AI spending while layoffs continue may reinforce investor worries about costs, labor relations, and political scrutiny. Article Title
• Negative Sentiment: Amazon insider selling remained a talking point, including a recent CEO stock sale, which can add to short-term caution even though the sale was made under a pre-arranged trading plan. Article Title

Amazon.com Stock Down 2.5%

AMZN stock opened at $250.02 on Thursday. The firm has a market cap of $2.69 trillion, a PE ratio of 29.91, a PEG ratio of 1.92 and a beta of 1.44. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $278.56. The company has a fifty day simple moving average of $248.25 and a 200 day simple moving average of $232.76. 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, topping the consensus estimate of $1.63 by $1.15. The firm had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The business’s quarterly revenue was up 16.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.59 earnings per share. Sell-side analysts anticipate that Amazon.com, Inc. will post 7.71 EPS 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.