Caprock Group LLC Purchases New Stake in Amazon.com, Inc. $AMZN

Caprock Group LLC acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 338,833 shares of the e-commerce giant’s stock, valued at approximately $77,593,000. Amazon.com accounts for about 1.9% of Caprock Group LLC’s portfolio, making the stock its 6th largest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake 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 period. State Street Corp grew its stake in shares of Amazon.com by 1.4% during 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 acquiring an additional 5,163,208 shares during the period. Geode Capital Management LLC increased its holdings in Amazon.com by 1.7% in 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 acquiring an additional 3,721,658 shares during the last quarter. Norges Bank bought a new stake in Amazon.com in the 2nd quarter valued at about $27,438,011,000. Finally, Northern Trust Corp raised its stake in Amazon.com by 0.3% in the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock valued at $18,527,354,000 after acquiring an additional 302,858 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on AMZN shares. DA Davidson reiterated a “neutral” rating and set a $175.00 target price (down from $300.00) on shares of Amazon.com in a research report on Friday, February 6th. Rosenblatt Securities cut their price objective on shares of Amazon.com from $305.00 to $296.00 and set a “buy” rating for the company in a report on Friday, February 6th. BNP Paribas Exane assumed coverage on shares of Amazon.com in a research note on Monday, November 24th. They issued an “outperform” rating for the company. New Street Research dropped their target price on Amazon.com from $350.00 to $285.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Amazon.com in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $287.29.

Amazon.com News Roundup

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

• Positive Sentiment: OpenAI strategic partnership validates AWS AI demand — Amazon’s multi‑year deal with OpenAI (including an initial tranche and a potential investment of up to $50B plus large workload commitments) reassures investors that high capex is backed by long‑duration customer demand. Amazon’s OpenAI tie-up ‘positive proof’ for AI growth
• Positive Sentiment: Expansion of AI infrastructure — Amazon is buying a Virginia campus (~$427M) and continuing large data‑center investments to host AI workloads, supporting long‑term AWS revenue growth. Amazon invests $427M in new AI data hub
• Positive Sentiment: Wall Street support and high price targets — Many analysts remain bullish (numerous Buy/Outperform ratings and a median price target well above current levels), which provides technical and sentiment support for a rebound. Analyst commentary and price targets
• Neutral Sentiment: Pledge to self‑power AI data centers — Amazon joined other big tech firms in a White House pledge to provide their own power for AI data centers; helpful for long‑run grid resilience but vague on sourcing and near‑term impact. Top tech companies sign Trump’s pledge
• Neutral Sentiment: Operational expansion in retail markets — Initiatives like 15‑minute delivery rollout in Brazil signal growth initiatives in international commerce, but they are incremental vs. the AWS/AI story. Amazon deploys 15-minute delivery in Brazil
• Negative Sentiment: Drone strikes damaged Middle East AWS facilities — Physical damage and prolonged outages in UAE and Bahrain introduce operational risk, customer disruption and potential remediation costs; these headlines have weighed on sentiment periodically. Amazon’s Bahrain data center targeted by Iran
• Negative Sentiment: Job cuts and robotics scaling back — Recent layoffs in the robotics unit and reports of reduced robot deployments are a reminder of near‑term cost pressures and restructuring that can hurt execution narratives. Amazon cuts more jobs in robotics unit
• Negative Sentiment: Insider selling — A CEO Form 4 shows a small sale (1,000 shares); while modest in size, continued insider sales across the company are watched by investors as a negative signal. SEC filing: insider sale

Amazon.com Price Performance

NASDAQ:AMZN opened at $216.82 on Thursday. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $258.60. The stock has a fifty day moving average of $225.48 and a 200 day moving average of $227.39. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. The firm has a market capitalization of $2.33 trillion, a price-to-earnings ratio of 30.24, a P/E/G ratio of 1.56 and a beta of 1.40.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.02). Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The business had revenue of $213.39 billion during the quarter, compared to analysts’ expectations of $211.02 billion. During the same period in the previous year, the business earned $1.86 EPS. The business’s revenue was up 13.6% on a year-over-year basis. On average, research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other news, CEO Douglas J. Herrington sold 1,000 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $204.25, for a total transaction of $204,250.00. Following the sale, the chief executive officer owned 521,361 shares in the company, valued at approximately $106,487,984.25. This trade represents a 0.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.18, for a total transaction of $4,077,336.96. Following the completion of the transaction, the chief executive officer owned 2,238,118 shares of the company’s stock, valued at $459,217,051.24. This trade represents a 0.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 71,686 shares of company stock valued at $14,688,739 over the last quarter. Company insiders own 9.70% of the company’s stock.

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.