GDS Wealth Management grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 130,635 shares of the e-commerce giant’s stock after purchasing an additional 3,116 shares during the period. Amazon.com makes up about 1.9% of GDS Wealth Management’s portfolio, making the stock its 12th biggest position. GDS Wealth Management’s holdings in Amazon.com were worth $28,684,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in shares of 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 acquiring an additional 17,447,045 shares in the last quarter. State Street Corp raised its position in Amazon.com by 1.4% in the second quarter. State Street Corp now owns 374,097,285 shares of the e-commerce giant’s stock valued at $82,073,203,000 after purchasing an additional 5,163,208 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Amazon.com by 1.7% during the second quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant’s stock valued at $47,332,625,000 after purchasing an additional 3,721,658 shares in the last quarter. Norges Bank bought a new stake in shares of Amazon.com during the second quarter worth about $27,438,011,000. Finally, Northern Trust Corp increased its stake in shares of Amazon.com by 0.3% in the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock valued at $18,527,354,000 after buying an additional 302,858 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.
Insider Buying and Selling at Amazon.com
In other news, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $216.94, for a total transaction of $4,311,031.68. Following the completion of the sale, the chief executive officer directly owned 2,208,310 shares of the company’s stock, valued at $479,070,771.40. This trade represents a 0.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $233.22, for a total transaction of $583,050.00. Following the completion of the sale, the chief executive officer directly owned 505,934 shares in the company, valued at approximately $117,993,927.48. This represents a 0.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 47,061 shares of company stock valued at $10,351,262 in the last ninety days. 9.70% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on AMZN
Amazon.com Price Performance
Shares of NASDAQ:AMZN opened at $199.60 on Friday. The stock’s 50 day moving average is $231.30 and its 200-day moving average is $229.08. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. 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 firm has a market capitalization of $2.14 trillion, a price-to-earnings ratio of 27.84, a PEG ratio of 1.32 and a beta of 1.37.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). The company had revenue of $213.39 billion for the quarter, compared to analyst estimates 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 for the quarter was up 13.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.86 EPS. Sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.
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
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.
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