Amazon.com, Inc. $AMZN is GAM Holding AG’s 6th Largest Position

GAM Holding AG lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 48.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,788 shares of the e-commerce giant’s stock after acquiring an additional 65,405 shares during the quarter. Amazon.com accounts for approximately 2.7% of GAM Holding AG’s investment portfolio, making the stock its 6th largest holding. GAM Holding AG’s holdings in Amazon.com were worth $44,087,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position 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 buying an additional 17,447,045 shares in the last quarter. State Street Corp boosted its stake in Amazon.com by 1.4% in the 2nd quarter. State Street Corp now owns 374,097,285 shares of the e-commerce giant’s stock worth $82,073,203,000 after purchasing an additional 5,163,208 shares in the last quarter. Geode Capital Management LLC grew its position in Amazon.com by 1.7% during the 2nd quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant’s stock worth $47,332,625,000 after purchasing an additional 3,721,658 shares during the last quarter. Kingstone Capital Partners Texas LLC lifted its stake in shares of Amazon.com by 542,733.6% during the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock worth $29,100,194,000 after buying an additional 132,616,953 shares during the period. Finally, Norges Bank acquired a new position in shares of Amazon.com in the 2nd quarter valued at $27,438,011,000. 72.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Amazon.com news, CEO Matthew S. Garman sold 17,768 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $216.90, for a total transaction of $3,853,879.20. Following the sale, the chief executive officer directly owned 6,273 shares in the company, valued at $1,360,613.70. This represents a 73.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Jonathan Rubinstein sold 8,173 shares of the stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $250.03, for a total value of $2,043,495.19. Following the completion of the sale, the director directly owned 80,030 shares in the company, valued at $20,009,900.90. This represents a 9.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 79,734 shares of company stock valued at $18,534,017 over the last three months. Company insiders own 9.70% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on AMZN. Daiwa Capital Markets raised their price target on shares of Amazon.com from $254.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday, November 11th. Desjardins boosted their price objective on Amazon.com to $218.00 in a report on Monday, December 8th. Citizens Jmp restated a “market outperform” rating and issued a $300.00 price objective on shares of Amazon.com in a research report on Wednesday, December 3rd. KeyCorp reiterated an “overweight” rating on shares of Amazon.com in a research note on Friday, December 5th. Finally, Oppenheimer restated an “outperform” rating and set a $305.00 price target (up previously from $290.00) on shares of Amazon.com in a research report on Monday, December 1st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $295.61.

Amazon.com Stock Down 2.5%

AMZN stock opened at $236.65 on Thursday. The company has a market cap of $2.53 trillion, a price-to-earnings ratio of 33.43, a PEG ratio of 1.52 and a beta of 1.37. The company has a current ratio of 1.01, a quick ratio of 0.80 and a debt-to-equity ratio of 0.14. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60. The firm has a 50-day moving average of $232.66 and a two-hundred day moving average of $228.35.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.38. Amazon.com had a return on equity of 23.62% and a net margin of 11.06%.The company had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. During the same period in the prior year, the business earned $1.43 EPS. The firm’s quarterly revenue was up 13.4% on a year-over-year basis. As a group, analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: AWS growth tied to AI is cited by analysts as a key re-acceleration driver for revenue and long-term margin expansion — a core bullish fundamental. Amazon’s Cloud Growth Tied To AI Advances, Analyst Says
• Positive Sentiment: TD Cowen and other firms are lifting price targets and highlighting a booming ad business that could materially increase revenue and operating profit long term. Amazon (AMZN) Stock: TD Cowen Increases Price Target on Advertising Boom
• Positive Sentiment: Analyst notes show AWS margin expansion and backlog strength, supporting upside to profit estimates as cloud efficiency improves. Amazon’s AWS Margin Expansion Accelerates: More Upside for the Stock?
• Neutral Sentiment: Technically the stock showed strong momentum recently (RSI/overbought readings), which can mean both continued strength or a short pause as traders lock gains ahead of earnings. Why Amazon’s ‘Overbought’ Signal Isn’t a Red Flag
• Negative Sentiment: Amazon is pushing suppliers for price cuts (reports cite asks up to ~30%) as tariff dynamics shift — this signals margin pressure, vendor friction and potential merchandising disruption in near term. Amazon Seeks Supplier Discounts Amid Ongoing Tariff Fight
• Negative Sentiment: Regulatory/legal headwinds persist: Amazon plans to appeal an Italian antitrust fine even after a reduction, keeping litigation risk and potential reputational/cost uncertainty in play. Amazon to appeal against Italian fine, even after it was cut, paper says
• Negative Sentiment: Market commentary and day-trade flows explain why AMZN fell more than the broader market today — short-term sellers reacting to headlines and rotation away from mega-cap momentum names. Why Amazon (AMZN) Dipped More Than Broader Market Today

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.