Amazon.com, Inc. $AMZN Shares Bought by SP Asset Management LLC

SP Asset Management LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 3.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 135,178 shares of the e-commerce giant’s stock after acquiring an additional 4,932 shares during the quarter. Amazon.com makes up about 2.4% of SP Asset Management LLC’s holdings, making the stock its 11th largest holding. SP Asset Management LLC’s holdings in Amazon.com were worth $29,681,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of AMZN. Vanguard Group Inc. increased its stake in Amazon.com by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock valued at $186,420,422,000 after purchasing an additional 17,447,045 shares in the last quarter. State Street Corp lifted its stake in shares of Amazon.com by 1.4% during the second quarter. State Street Corp now owns 374,097,285 shares of the e-commerce giant’s stock worth $82,073,203,000 after buying an additional 5,163,208 shares during the period. Geode Capital Management LLC grew its holdings in shares of Amazon.com by 1.7% during the second quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant’s stock valued at $47,332,625,000 after buying an additional 3,721,658 shares during the last quarter. Norges Bank acquired a new position in shares of Amazon.com in the 2nd quarter valued at $27,438,011,000. Finally, Northern Trust Corp increased its position in shares of Amazon.com by 0.3% in the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock valued at $18,527,354,000 after acquiring an additional 302,858 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $205.27 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.05 and a quick ratio of 0.88. The stock has a market capitalization of $2.20 trillion, a price-to-earnings ratio of 28.63, a PEG ratio of 1.34 and a beta of 1.37. The firm’s 50 day simple moving average is $227.87 and its 200-day simple moving average is $228.15. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results 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 firm had revenue of $213.39 billion for the quarter, compared to analysts’ expectations of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The business’s quarterly revenue was up 13.6% on a year-over-year basis. During the same period last year, the company posted $1.86 earnings per share. Analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity

In other news, CEO Douglas J. Herrington sold 4,784 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $198.37, for a total transaction of $949,002.08. Following the sale, the chief executive officer directly owned 512,109 shares in the company, valued at $101,587,062.33. This trade represents a 0.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders have sold 8,284 shares of company stock worth $1,740,052. Corporate insiders own 10.80% of the company’s stock.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several research analyst reports. DA Davidson reiterated a “neutral” rating and set a $175.00 price target (down previously from $300.00) on shares of Amazon.com in a research note on Friday, February 6th. Rosenblatt Securities decreased their target price on Amazon.com from $305.00 to $296.00 and set a “buy” rating for the company in a report on Friday, February 6th. William Blair reiterated an “outperform” rating on shares of Amazon.com in a report on Monday, November 3rd. Citizens Jmp raised their price target on shares of Amazon.com from $300.00 to $315.00 and gave the stock an “outperform” rating in a research report on Monday, February 2nd. Finally, Oppenheimer set a $260.00 price objective on shares of Amazon.com and gave the company an “outperform” rating in a report 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 assigned a Hold rating to the company. According to data from MarketBeat.com, Amazon.com currently has a consensus rating of “Moderate Buy” and an average price target of $287.29.

Amazon.com News Roundup

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

• Positive Sentiment: Amazon announced a $12 billion plan to build AI-focused data center campuses in Louisiana, reinforcing AWS’s capacity for AI workloads and signaling long-term revenue support from cloud/AI demand. Amazon plans $12 billion data center buildout in Louisiana
• Positive Sentiment: Wall Street and large investors are still backing Amazon: multiple firms maintain Buy/Top-AI-pick ratings and some high-profile investors added exposure in Q4, supporting the case that the pullback may be narrative-driven rather than fundamental. Analysts maintain buy on Amazon
• Positive Sentiment: Investor commentary argues the heavy CapEx should be viewed as growth investment (AWS, custom chips and ads/retail AI) that can materially increase future cash flow; some analysts and commentators call the current pullback a buying opportunity. How I Learned To Stop Worrying And Love The CapEx
• Neutral Sentiment: Market/technical context: coverage notes AMZN is in a short-term bear market and trading near key support (~$200); fundamentals (revenue and AWS growth) remain intact but volatility is expected while investors wait for payoff on capex. (MarketBeat coverage)
• Neutral Sentiment: Competitive/industry note — SpaceX/Starlink moves to lower-cost/free hardware intensify competition in connectivity (Kuiper), a peripheral but watchable headwind for parts of Amazon’s connectivity and edge ambitions. Elon Musk says ‘nothing to do’ with Amazon’s Kuiper as Starlink moves to offer free hardware
• Negative Sentiment: Berkshire Hathaway significantly reduced its AMZN holding (reported large stake reduction), which is an influential headline that can amplify selling pressure and investor nervousness around timing and valuation. Before Retiring, Warren Buffett Dumped 77% of Berkshire’s Stake in Amazon
• Negative Sentiment: Broader sell-off drivers: the $200B AI capex plan (and guidance that 2026 spending will spike) has spooked investors about near-term free-cash-flow pressure and ROI timing — some outlets warn the sell-off may continue until clearer returns materialize. Why The Amazon Stock Sell-Off Isn’t Over Yet

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.