Bessemer Group Inc. Cuts Position in Amazon.com, Inc. $AMZN

Bessemer Group Inc. reduced its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 5.0% in the first quarter, HoldingsChannel reports. The firm owned 9,828,748 shares of the e-commerce giant’s stock after selling 516,750 shares during the period. Amazon.com makes up about 3.2% of Bessemer Group Inc.’s investment portfolio, making the stock its 5th biggest holding. Bessemer Group Inc.’s holdings in Amazon.com were worth $2,047,035,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in AMZN. MilWealth Group LLC grew its stake in shares of Amazon.com by 79.0% in the 4th 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. acquired a new position in Amazon.com during the 4th quarter worth approximately $45,000. Elkhorn Partners Limited Partnership raised its stake in Amazon.com by 900.0% during the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 180 shares during the period. Fairway Wealth LLC boosted its holdings in Amazon.com by 95.6% in the fourth quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock worth $51,000 after acquiring an additional 108 shares in the last quarter. Finally, Prudent Man Investment Management Inc. boosted its holdings in Amazon.com by 87.7% in the fourth quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock worth $53,000 after acquiring an additional 107 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In other news, CEO Douglas J. Herrington sold 27,500 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $275.00, for a total value of $7,562,500.00. Following the completion of the sale, the chief executive officer owned 471,361 shares in the company, valued at $129,624,275. This represents a 5.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,363 shares of the firm’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $262.38, for a total transaction of $620,003.94. Following the transaction, the vice president directly owned 119,780 shares in the company, valued at $31,427,876.40. The trade was a 1.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 136,719 shares of company stock worth $36,703,652. 8.90% of the stock is currently owned by insiders.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Analysts expect another strong quarter from Amazon Web Services, with forecasts calling for approximately 31%–33% year-over-year AWS revenue growth. Investors are also watching for improving e-commerce margins and advertising momentum. Amazon Q2 Preview: Ecommerce Growth May Be Overshadowed By AWS Momentum Again
• Positive Sentiment: UBS maintained a Buy rating and cited continued AWS strength and better online-retail profitability. Erste Group also raised its fiscal 2027 EPS estimate to $10.11 from $9.99, although UBS reduced its price target to $305 from $333. Amazon heads into Q2 earnings with UBS bullish on cloud growth and e-commerce margins
• Positive Sentiment: AWS continues to secure demand from AI customers, including a reported $400 million compute agreement with Recursive Superintelligence. Amazon is also seeking approval for 5,105 satellites to expand its Kuiper direct-to-device connectivity service, adding a potential long-term growth opportunity. Recursive Superintelligence signs $400 compute deal with Amazon
• Neutral Sentiment: Options markets imply an unusually large potential move following earnings, with investors focused on AWS growth, free cash flow, AI infrastructure returns, and management’s capital-spending outlook. Amazon stock could swing $15 after Q2 earnings
• Neutral Sentiment: Amazon’s Prime Video expansion into exclusive NHL playoff games in Canada and its satellite ambitions broaden the company’s ecosystem, but neither initiative is expected to materially affect near-term earnings.
• Negative Sentiment: Amazon reportedly plans to spend about $200 billion on capital expenditures in 2026 and recently raised $25 billion through bond issuance to fund AI data-center expansion. Higher future infrastructure costs prompted UBS and Mizuho to lower their price targets, increasing pressure on margins and cash flow.
• Negative Sentiment: The company is reportedly winding down several Nova AI models and reorganizing its AI teams after layoffs, raising questions about execution and whether Amazon’s large AI investment is producing competitive products quickly enough. Amazon winds down most flagship AI models in strategy overhaul
• Negative Sentiment: Short sellers have increased bearish positions in Amazon and other hyperscalers ahead of earnings. The broader selloff in semiconductors and megacap technology is amplifying concerns that elevated AI spending may not generate sufficient near-term returns.

Amazon.com Stock Down 2.0%

Shares of NASDAQ:AMZN opened at $226.27 on Thursday. The stock has a market cap of $2.43 trillion, a price-to-earnings ratio of 27.07, a PEG ratio of 1.73 and a beta of 1.46. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $278.56. The business’s 50 day moving average is $246.25 and its 200 day moving average is $236.06.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $1.15. The business 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%.Amazon.com’s revenue was up 16.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.59 earnings per share. On average, sell-side analysts forecast that Amazon.com, Inc. will post 7.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on AMZN shares. Phillip Securities upgraded Amazon.com from a “moderate buy” rating to a “buy” rating and set a $280.00 price objective for the company in a report on Wednesday, May 13th. Piper Sandler set a $330.00 target price on Amazon.com in a report on Thursday, June 11th. Wolfe Research reissued an “outperform” rating and issued a $320.00 price target (up from $245.00) on shares of Amazon.com in a research report on Thursday, April 30th. Roth Capital boosted their price target on shares of Amazon.com from $285.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Stifel Nicolaus set a $319.00 price objective on shares of Amazon.com and gave the stock a “buy” rating in a report on Thursday, April 30th. Fifty-seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Amazon.com currently has an average rating of “Moderate Buy” and an average target price of $313.43.

Amazon.com Company 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.