Amazon.com, Inc. $AMZN Stock Sold by Lmcg Investments LLC

Lmcg Investments LLC reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 5.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 218,526 shares of the e-commerce giant’s stock after selling 11,565 shares during the period. Amazon.com comprises approximately 2.9% of Lmcg Investments LLC’s investment portfolio, making the stock its 4th largest position. Lmcg Investments LLC’s holdings in Amazon.com were worth $54,446,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in AMZN. TOP Private Wealth LLC. acquired a new stake in Amazon.com in the second quarter valued at approximately $29,000. Bard Associates Inc. bought a new stake in shares of Amazon.com during the second quarter worth $32,000. Longfellow Investment Management Co. LLC bought a new stake in shares of Amazon.com during the second quarter worth $33,000. Atomic Invest LLC increased its holdings in shares of Amazon.com by 41.2% during the second quarter. Atomic Invest LLC now owns 168 shares of the e-commerce giant’s stock worth $40,000 after buying an additional 49 shares in the last quarter. Finally, Strategic Wealth Advisors LLC acquired a new position in shares of Amazon.com during the second quarter worth $68,000. 72.20% of the stock is owned by institutional investors.

Key Amazon.com News

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

• Positive Sentiment: AWS and AI opportunities support the long-term outlook. AWS growth has accelerated, and CEO Andy Jassy has indicated the cloud business could grow around 40% in 2027 and 2028. Amazon’s stake in Anthropic could also gain value if the AI company proceeds with a potential IPO, although the outcome is uncertain. AWS growth outlook Amazon’s Anthropic investment
• Positive Sentiment: New customer and shopping features could strengthen Prime. Amazon’s Uber Eats partnership lets Prime members order restaurant meals through Amazon, while expanded Alexa shopping tools add functions for managing subscriptions, billing questions, and lists. These moves may boost engagement, though their near-term financial impact is unclear. Uber Eats partnership Alexa shopping functions
• Neutral Sentiment: Amazon plans to raise U.S. marketplace fulfillment fees by an average of 19 cents per item in 2027. The increase could help offset costs but may add pressure on sellers. Seller fee changes
• Negative Sentiment: Market-wide tech weakness and spending concerns weighed on sentiment. Amazon shares pulled back as a technology selloff erased earlier gains. Investors are also weighing Amazon’s recent earnings miss against substantial AI and data-center investment, which raises concerns about cash flow and the timing of returns—even as AWS demand remains strong. Technology selloff Earnings and spending concerns
• Negative Sentiment: FTC allegations add advertising-related regulatory risk. The FTC alleges Amazon misled advertisers about the reasons for increases in ad prices around major shopping events, potentially adding legal and reputational concerns. FTC allegations

Amazon.com Trading Down 2.2%

Shares of NASDAQ AMZN opened at $260.21 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.82 and a current ratio of 0.99. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $287.20. The firm has a 50 day moving average price of $253.89 and a two-hundred day moving average price of $243.43. The stock has a market cap of $2.81 trillion, a P/E ratio of 21.04, a price-to-earnings-growth ratio of 2.02 and a beta of 1.49.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 EPS for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.08). The business had revenue of $201.94 billion for the quarter, compared to analyst estimates of $202.22 billion. Amazon.com had a return on equity of 15.72% and a net margin of 16.90%. Amazon.com’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.95 EPS. As a group, equities analysts forecast that Amazon.com, Inc. will post 7.80 EPS for the current year.

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of research reports. Citizens Jmp dropped their price target on Amazon.com from $315.00 to $275.00 and set a “market outperform” rating for the company in a research note on Friday, October 30th. Cantor Fitzgerald reduced their price objective on Amazon.com from $310.00 to $280.00 and set an “overweight” rating on the stock in a research report on Friday, October 30th. DA Davidson set a $250.00 price objective on Amazon.com and gave the stock a “neutral” rating in a research report on Friday, October 30th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $360.00 target price on shares of Amazon.com in a report on Friday, October 30th. Finally, Roth Capital reiterated a “buy” rating and issued a $325.00 target price on shares of Amazon.com in a research report on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, fifty-five have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com has an average rating of “Moderate Buy” and a consensus price target of $321.74.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 1,000 shares of Amazon.com stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $243.47, for a total transaction of $243,470.00. Following the transaction, the chief executive officer directly owned 473,681 shares of the company’s stock, valued at approximately $115,327,113.07. The trade was a 0.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 20,000 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $5,180,200.00. Following the completion of the sale, the chief executive officer owned 2,235,766 shares in the company, valued at $579,085,751.66. This trade represents a 0.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 71,589 shares of company stock valued at $18,545,595 over the last ninety days. 8.90% of the stock is currently owned by corporate insiders.

Amazon.com Company Profile

Amazon.com, Inc is a global technology and e-commerce company founded by Jeff Bezos in 1994. Originally launched as an online bookstore, the company has expanded into a broad digital marketplace offering consumer products across numerous categories, including electronics, household goods, apparel, groceries and other merchandise. Amazon also sells products under its own brands and provides logistics, fulfillment and delivery services that support its retail operations and third-party sellers.

The company’s principal businesses include online and physical retail, Amazon Web Services (AWS), digital advertising, subscription services and consumer technology.