Sumitomo Life Insurance Co. Buys 37,168 Shares of Amazon.com, Inc. $AMZN

Sumitomo Life Insurance Co. lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 18.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 238,061 shares of the e-commerce giant’s stock after acquiring an additional 37,168 shares during the quarter. Amazon.com makes up approximately 1.6% of Sumitomo Life Insurance Co.’s portfolio, making the stock its 14th largest position. Sumitomo Life Insurance Co.’s holdings in Amazon.com were worth $52,271,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Probity Advisors Inc. increased its stake in Amazon.com by 0.4% in the 2nd quarter. Probity Advisors Inc. now owns 12,157 shares of the e-commerce giant’s stock valued at $2,667,000 after buying an additional 45 shares during the last quarter. IMPACTfolio LLC lifted its position in shares of Amazon.com by 3.8% during the 3rd quarter. IMPACTfolio LLC now owns 1,225 shares of the e-commerce giant’s stock worth $269,000 after buying an additional 45 shares in the last quarter. Cadence Wealth Management LLC boosted its stake in shares of Amazon.com by 3.5% in the 3rd quarter. Cadence Wealth Management LLC now owns 1,328 shares of the e-commerce giant’s stock worth $292,000 after buying an additional 45 shares during the last quarter. Union Savings Bank boosted its stake in shares of Amazon.com by 0.4% in the 2nd quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant’s stock worth $2,510,000 after buying an additional 45 shares during the last quarter. Finally, Doheny Asset Management CA grew its holdings in shares of Amazon.com by 0.3% in the second quarter. Doheny Asset Management CA now owns 17,821 shares of the e-commerce giant’s stock valued at $3,910,000 after acquiring an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Activity

In other news, VP Shelley Reynolds sold 2,695 shares of the company’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.90, for a total value of $554,900.50. Following the transaction, the vice president owned 119,780 shares of the company’s stock, valued at approximately $24,662,702. This represents a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 6,835 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.82, for a total value of $1,406,779.70. Following the completion of the sale, the chief executive officer owned 522,361 shares in the company, valued at $107,512,341.02. This trade represents a 1.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 71,686 shares of company stock worth $14,688,739. Company insiders own 10.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Royal Bank Of Canada reiterated an “outperform” rating and set a $300.00 price target on shares of Amazon.com in a report on Friday, February 6th. Stifel Nicolaus set a $300.00 price objective on Amazon.com and gave the company a “buy” rating in a research note on Tuesday, January 27th. Wolfe Research lifted their target price on Amazon.com from $250.00 to $255.00 and gave the stock an “outperform” rating in a research note on Tuesday. Scotiabank reissued an “outperform” rating and issued a $275.00 price target (down from $300.00) on shares of Amazon.com in a report on Friday, February 6th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Amazon.com in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $286.93.

Amazon.com Trading Up 0.4%

Shares of AMZN opened at $214.33 on Wednesday. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The stock has a market cap of $2.30 trillion, a PE ratio of 29.89, a P/E/G ratio of 1.60 and a beta of 1.40. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16. The business’s 50-day moving average price is $224.09 and its 200-day moving average price is $227.06.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing the consensus estimate 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 net margin of 10.83% and a return on equity of 21.87%. Amazon.com’s revenue was up 13.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.86 EPS. On average, equities analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Very strong demand for Amazon’s jumbo bond sale — investors piled into the offering (orders reportedly around $126B), signaling confidence from fixed‑income buyers in Amazon’s credit and its AI-capex plan. Demand for Amazon’s Bond Sale Is Off the Charts
• Positive Sentiment: Amazon is debuting in the euro bond market (seeking about €10B) and marketing a broader $37–$42B multi‑part bond program — the size and reception help fund its AI/data‑center expansion without equity dilution. Amazon Seeks €10 Billion From Debut Euro Bonds
• Positive Sentiment: Operational investments continue: Amazon plans a AU$750M robotics fulfillment center in Australia — a sign of continued logistics automation that can boost long‑term margin leverage. Amazon Bolsters AI Push With AU$750M Robotics Fulfillment Center
• Positive Sentiment: Product and platform AI rollouts: Amazon expanded its Health AI assistant to the website and app, increasing potential user engagement and monetization paths across Prime/AWS/Pharmacy. Amazon launches its healthcare AI assistant on its website and app
• Neutral Sentiment: Analyst support: Wolfe Research raised its price target on AMZN, reflecting bullish estimates on AWS and AI upside — a positive signal but not a direct operational catalyst. Wolfe Research Adjusts Price Target on Amazon.com
• Negative Sentiment: Operational risk: Amazon is investigating recent outages tied to AI‑assisted coding and held an engineering “deep dive” — execution missteps or repeated outages could dent sales and customer trust. Amazon plans ‘deep dive’ internal meeting to address AI-related outages
• Negative Sentiment: Funding vs. cashflow tradeoff: the massive bond/capex program (reports of up to ~$42B now and a multi‑year ~$200B capex plan) funds AI scale but raises leverage and pressures near‑term free cash flow; some investors see valuation and FCF risk. Amazon targeting $37–$42B bond sale
• Negative Sentiment: Geopolitical/data‑center risk: recent drone attacks on regional data centers and related coverage highlight physical and geopolitical risks to AWS infrastructure expansion. Iran’s attacks on Amazon data centers signal new risk

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.