Amazon.com, Inc. $AMZN Shares Sold by Torren Management LLC

Torren Management LLC lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 90.2% in the first quarter, HoldingsChannel reports. The firm owned 438 shares of the e-commerce giant’s stock after selling 4,024 shares during the quarter. Torren Management LLC’s holdings in Amazon.com were worth $91,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. MilWealth Group LLC lifted its stake in shares of Amazon.com by 79.0% during the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after buying an additional 79 shares during the period. Lifetime Wealth Management P.C. purchased a new stake in Amazon.com in the 4th quarter worth approximately $45,000. Elkhorn Partners Limited Partnership raised its holdings in Amazon.com by 900.0% in the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock valued at $46,000 after acquiring an additional 180 shares during the last quarter. Fairway Wealth LLC lifted its stake in shares of Amazon.com by 95.6% during the 4th quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock worth $51,000 after purchasing an additional 108 shares during the period. Finally, Prudent Man Investment Management Inc. lifted its stake in shares of Amazon.com by 87.7% during the 4th quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock worth $53,000 after purchasing an additional 107 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Trading Down 1.1%

Shares of AMZN opened at $244.85 on Thursday. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $278.56. The firm has a market capitalization of $2.63 trillion, a P/E ratio of 29.29, a price-to-earnings-growth ratio of 1.84 and a beta of 1.46. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. The stock’s fifty day simple moving average is $249.58 and its 200 day simple moving average is $236.30.

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on AMZN shares. UBS Group set a $315.00 price objective on Amazon.com in a report on Monday, June 1st. Sanford C. Bernstein reiterated an “outperform” rating and issued a $315.00 target price (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. Truist Financial increased their target price on Amazon.com from $310.00 to $320.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. DA Davidson raised their price target on Amazon.com from $175.00 to $250.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Finally, Citizens Jmp restated a “market outperform” rating and issued a $315.00 price target on shares of Amazon.com in a report on Wednesday, July 15th. Fifty-seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and a consensus price target of $312.91.

Amazon.com News Summary

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

• Positive Sentiment: Analysts remain upbeat on Amazon’s core growth drivers, especially AWS, with Bank of America reiterating a Buy rating and saying cloud growth could exceed expectations on strong enterprise AI demand. Article Title
• Positive Sentiment: Wall Street is also leaning into a strong second quarter for Amazon, with forecasts calling for revenue and operating profit above consensus and expectations that AWS growth is accelerating. Article Title
• Positive Sentiment: Amazon Business crossed a $60 billion annualized sales run rate, reinforcing that the company’s higher-margin B2B and enterprise offerings are still expanding. Article Title
• Positive Sentiment: Several market-commentary pieces highlighted Amazon as a beneficiary of AI infrastructure spending and a potential earnings beat, which is helping support longer-term sentiment. Article Title
• Neutral Sentiment: Amazon confirmed layoffs in its artificial general intelligence group as it shifts resources toward customer-facing AI products. The move may improve focus and discipline, but it also underscores ongoing restructuring inside the company’s AI efforts. Article Title
• Neutral Sentiment: Amazon also announced a $400 million plan to rebuild two Florida warehouses, which supports logistics capacity but adds to the company’s already heavy capital-spending burden. Article Title
• Neutral Sentiment: AWS struck additional collaboration deals, including with Observe.AI and funding support for Myseum.AI, reinforcing Amazon Web Services’ role as a key AI platform partner. Article Title
• Negative Sentiment: Job cuts in the AGI unit and broader questions about the cost of Amazon’s AI buildout are weighing on sentiment, especially with investors already focused on the company’s massive 2026 capex plans. Article Title
• Negative Sentiment: Shares also appear pressured by a broader rotation out of mega-cap tech and renewed scrutiny on whether heavy AI spending will translate into returns quickly enough. Article Title

Insiders Place Their Bets

In other news, Director Jonathan Rubinstein sold 3,849 shares of the business’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $260.00, for a total transaction of $1,000,740.00. Following the completion of the sale, the director owned 78,654 shares in the company, valued at approximately $20,450,040. The trade was a 4.67% decrease in their position. The sale was disclosed in a document filed 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 31,352 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $275.00, for a total transaction of $8,621,800.00. Following the sale, the chief executive officer directly owned 2,175,766 shares of the company’s stock, valued at approximately $598,335,650. This trade represents a 1.42% 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. Over the last ninety days, insiders sold 144,274 shares of company stock worth $38,716,204. 8.90% of the stock is owned by insiders.

About Amazon.com

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.