Amazon.com, Inc. $AMZN Shares Sold by Close Asset Management Ltd

Close Asset Management Ltd reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 1.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,170,591 shares of the e-commerce giant’s stock after selling 13,153 shares during the period. Amazon.com makes up approximately 5.7% of Close Asset Management Ltd’s investment portfolio, making the stock its 2nd biggest position. Close Asset Management Ltd’s holdings in Amazon.com were worth $256,992,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Norges Bank acquired a new stake in shares of Amazon.com during the 2nd quarter worth $27,438,011,000. Nuveen LLC acquired a new position in Amazon.com in the first quarter valued at about $11,674,091,000. Vanguard Group Inc. lifted its position in Amazon.com by 2.1% during the second quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock worth $186,420,422,000 after purchasing an additional 17,447,045 shares during the period. Laurel Wealth Advisors LLC lifted its position in Amazon.com by 22,085.8% during the second quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant’s stock worth $2,671,634,000 after purchasing an additional 12,122,668 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after buying an additional 10,176,835 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Federal court granted a preliminary injunction blocking Perplexity’s Comet AI shopping agent from making purchases on Amazon’s site, protecting Amazon’s checkout/control of the customer experience and reducing near-term risk of automated scraping or order losses. Amazon’s Win Against Perplexity Kicks AI Shopping Wars Into High Gear
• Positive Sentiment: Zoox (Amazon’s autonomous-vehicle unit) struck a multiyear partnership to deploy robotaxis via Uber’s app (starting in Las Vegas), expanding distribution for Zoox tech and creating a clearer commercial path for that long-term investment. Zoox and Uber tie up to deploy robotaxis on ride-hailing network
• Positive Sentiment: Amazon expanded its Health AI assistant to all U.S. customers on the website and app, plus streamlined Shop Direct merchant integration — both moves increase product/service engagement and potential revenue streams outside traditional retail. Amazon launches healthcare AI assistant on its website, app
• Neutral Sentiment: Amazon’s jumbo bond push to fund AI/capex continues to dominate headlines — issuance is drawing exceptional demand (reports of massive order books), which eases financing risk but also highlights the scale of the company’s >$100B AI buildout that could pressure margins. Amazon leads record US corporate borrowing rush with $40bn bond sales
• Negative Sentiment: Amazon convened engineering “deep dive” meetings after multiple site outages, including incidents tied to AI-assisted code changes — operational instability raises short-term execution risk and customer/merchant disruption concerns. Amazon plans ‘deep dive’ internal meeting to address AI-related outages
• Negative Sentiment: Regulatory scrutiny: FCC Chair publicly criticized Amazon’s slower satellite-launch pace after Amazon opposed SpaceX proposals — a reputational/regulatory flashpoint that could complicate Project Kuiper timelines and invite further government attention. FCC chair criticizes slow pace of Amazon satellite launches

Amazon.com Price Performance

AMZN stock opened at $212.65 on Thursday. The stock has a market cap of $2.28 trillion, a price-to-earnings ratio of 29.66, a P/E/G ratio of 1.61 and a beta of 1.40. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.05 and a quick ratio of 0.88. The company has a 50 day simple moving average of $223.73 and a 200 day simple moving average of $226.96. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). The company had revenue of $213.39 billion during 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%. The business’s quarterly revenue was up 13.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.86 EPS. Research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $205.18, for a total value of $4,077,336.96. Following the completion of the transaction, the chief executive officer directly owned 2,238,118 shares in the company, valued at approximately $459,217,051.24. This trade represents a 0.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP David Zapolsky sold 10,649 shares of Amazon.com stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total value of $2,187,624.07. Following the sale, the senior vice president directly owned 41,190 shares in the company, valued at $8,461,661.70. The trade was a 20.54% 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 71,686 shares of company stock worth $14,688,739 over the last 90 days. 9.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on AMZN shares. Scotiabank restated an “outperform” rating and issued a $275.00 target price (down from $300.00) on shares of Amazon.com in a research report on Friday, February 6th. President Capital reduced their price target on shares of Amazon.com from $320.00 to $296.00 and set a “buy” rating on the stock in a research report on Tuesday, February 10th. DA Davidson reissued a “neutral” rating and issued a $175.00 price objective (down from $300.00) on shares of Amazon.com in a research note on Friday, February 6th. Loop Capital boosted their price objective on shares of Amazon.com from $300.00 to $360.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. Finally, UBS Group set a $311.00 target price on Amazon.com in a research note on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $286.93.

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.