Baillie Gifford & Co. Sells 1,635,246 Shares of Amazon.com, Inc. $AMZN

Baillie Gifford & Co. lowered its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,659,114 shares of the e-commerce giant’s stock after selling 1,635,246 shares during the quarter. Amazon.com makes up approximately 5.1% of Baillie Gifford & Co.’s holdings, making the stock its 4th biggest holding. Baillie Gifford & Co. owned approximately 0.30% of Amazon.com worth $6,951,392,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AMZN. Norges Bank bought a new position in Amazon.com in the 2nd quarter valued at $27,438,011,000. Nuveen LLC acquired a new stake in shares of Amazon.com in the first quarter valued at $11,674,091,000. Vanguard Group Inc. raised its holdings in shares of Amazon.com by 2.1% in the second 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 during the last quarter. Laurel Wealth Advisors LLC lifted its position in Amazon.com by 22,085.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant’s stock worth $2,671,634,000 after buying an additional 12,122,668 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Amazon.com by 21.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after acquiring an additional 10,176,835 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

More Amazon.com News

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

• Positive Sentiment: Strategic stake in Beta Technologies validates logistics/green‑aviation long game — Amazon disclosed a meaningful position in BETA, signaling a potential long‑term partner for middle‑mile cargo and sustainability initiatives; this supports growth optionality beyond retail and cloud. Amazon Bets Big on BETA
• Positive Sentiment: Amazon Pharmacy expands same‑day prescriptions to ~4,500 U.S. cities — execution on health/recurring revenue initiatives that can improve gross margins and customer retention over time. Amazon Pharmacy Expansion
• Positive Sentiment: AWS momentum and cloud demand remain bright — coverage notes continued AWS strength supporting Amazon’s long‑term AI/cloud strategy, which underpins revenue and margin leverage once capex cycles roll into services. AWS Momentum Article
• Positive Sentiment: AWS CEO pushes back on AI panic — Matt Garman said fears around software/AI overspending are “overblown,” attempting to calm investor sentiment and frame capex as strategic investment. Garman Interview
• Neutral Sentiment: Mixed analyst moves — price‑target changes from firms (Arete raised modestly; Daiwa trimmed its target but kept a buy) show divergent views on valuation vs. long‑term upside. Analyst PT Changes
• Negative Sentiment: Market selling over $200B AI capex plan — the big capex announcement has spooked investors, triggering heavy rotation out of Big Tech and pressure on free cash flow expectations. AI CapEx Selloff Analysis
• Negative Sentiment: “Bear market” coverage and wider Magnificent Seven sell‑off amplify risk sentiment — headlines framing AMZN’s drop as part of a larger Big Tech unwind add to momentum‑driven downside. Bear Market Coverage
• Negative Sentiment: PR and privacy backlash — Ring terminated a partnership with Flock Safety after criticism stemming from a Super Bowl ad, a near‑term reputational headwind for Ring and consumer trust. Ring/Flock Partnership Cancellation
• Negative Sentiment: Regulatory/legal risk in Europe — Italian tax police conducted searches in Milan in a new tax probe, introducing another regulatory overhang to monitor. Italy Tax Probe

Insider Buying and Selling at Amazon.com

In related news, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $216.94, for a total value of $4,311,031.68. Following the completion of the transaction, the chief executive officer directly owned 2,208,310 shares in the company, valued at approximately $479,070,771.40. The trade was a 0.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Keith Brian Alexander sold 900 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $233.00, for a total transaction of $209,700.00. Following the sale, the director owned 7,170 shares in the company, valued at $1,670,610. This trade represents a 11.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 47,061 shares of company stock worth $10,351,262 over the last three months. Company insiders own 9.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amazon.com in a research note on Monday, December 29th. Zacks Research cut shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. Piper Sandler reaffirmed an “overweight” rating and set a $260.00 price objective (down previously from $300.00) on shares of Amazon.com in a report on Friday, February 6th. Loop Capital lifted their target price on Amazon.com from $300.00 to $360.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th. Finally, Citizens Jmp upped their price target on Amazon.com from $300.00 to $315.00 and gave the company an “outperform” rating in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, fifty-four have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $288.60.

Amazon.com Trading Down 2.2%

AMZN opened at $199.60 on Friday. The firm’s fifty day moving average is $231.30 and its two-hundred day moving average is $229.08. The firm has a market cap of $2.14 trillion, a PE ratio of 27.84, a price-to-earnings-growth ratio of 1.32 and a beta of 1.37. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05.

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 business had revenue of $213.39 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the business posted $1.86 EPS. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.