Amazon.com, Inc. $AMZN Shares Sold by Channing Global Advisors LLC

Channing Global Advisors LLC trimmed its position in Amazon.com, Inc. (NASDAQ:AMZN) by 19.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,932 shares of the e-commerce giant’s stock after selling 9,321 shares during the quarter. Amazon.com makes up 5.8% of Channing Global Advisors LLC’s investment portfolio, making the stock its 5th largest position. Channing Global Advisors LLC’s holdings in Amazon.com were worth $8,329,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of AMZN. Vanguard Group Inc. lifted its position 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 worth $186,420,422,000 after buying an additional 17,447,045 shares during the last quarter. State Street Corp raised its stake in 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 in the last quarter. Geode Capital Management LLC lifted its position in Amazon.com by 1.7% in 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 acquiring an additional 3,721,658 shares during the last quarter. Norges Bank acquired a new position in Amazon.com in the second quarter valued at $27,438,011,000. Finally, Northern Trust Corp grew its holdings in shares of Amazon.com by 0.3% during the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock worth $18,527,354,000 after purchasing an additional 302,858 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Buying and Selling

In other news, CEO Douglas J. Herrington sold 4,784 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $198.37, for a total value of $949,002.08. Following the completion of the transaction, the chief executive officer owned 512,109 shares in the company, valued at $101,587,062.33. This trade represents a 0.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold 8,284 shares of company stock worth $1,740,052 in the last quarter. 9.70% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AMZN. Wedbush reduced their target price on Amazon.com from $340.00 to $300.00 and set an “outperform” rating for the company in a report on Friday, February 6th. Maxim Group increased their price objective on Amazon.com from $280.00 to $290.00 and gave the company a “buy” rating in a report on Friday, February 6th. Wells Fargo & Company raised their target price on shares of Amazon.com from $301.00 to $305.00 and gave the stock an “overweight” rating in a research report on Friday, February 6th. Susquehanna set a $300.00 price target on shares of Amazon.com and gave the company a “positive” rating in a research report on Friday, October 31st. Finally, Argus reiterated a “buy” rating and set a $325.00 price target on shares of Amazon.com in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $287.30.

Amazon.com Trading Up 0.0%

Shares of AMZN opened at $204.86 on Friday. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $2.20 trillion, a P/E ratio of 28.57, a PEG ratio of 1.31 and a beta of 1.37. The firm’s 50-day moving average is $228.54 and its two-hundred day moving average is $228.15.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results 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). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The firm had revenue of $213.39 billion for the quarter, compared to analysts’ expectations of $211.02 billion. During the same period last year, the firm earned $1.86 EPS. Amazon.com’s revenue was up 13.6% compared to the same quarter last year. On average, research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Amazon.com News Summary

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

• Positive Sentiment: Big cloud demand signal — Anthropic expects to pay cloud providers at least $80 billion through 2029, implying material recurring revenue opportunity for AWS. Anthropic to pay cloud partners $80B
• Positive Sentiment: Institutional buying and notable value investors adding exposure (e.g., Baupost, Duquesne/Druckenmiller, D1 increases) supports conviction that AWS/AI upside is underappreciated. Klarman piling into Amazon
• Neutral Sentiment: Amazon now reports higher annual revenue than Walmart — a symbolic victory that underscores scale but has mixed near-term margin implications. Amazon surpasses Walmart in revenue
• Neutral Sentiment: Insider disclosure — CEO Douglas Herrington sold a small block of shares; notable for transparency but immaterial to company capital structure. SEC Form 4
• Negative Sentiment: Legal risk: Washington Supreme Court ruled Amazon can be sued over suicides linked to sodium nitrite purchased via its marketplace — opens path to multi-jurisdictional claims and litigation costs. Washington court rules Amazon can be sued
• Negative Sentiment: Major holder reductions: Berkshire/Buffett sharply trimmed AMZN, a headline that has amplified selling pressure and questioned near-term investor appetite from traditional long-only allocators. Berkshire cuts Amazon stake
• Negative Sentiment: CapEx and cash-flow concerns — analysts and commentators flag Amazon’s ~ $200B 2026 capex plan (AI/data centers/custom silicon), which could pressure free cash flow and the multiple in the near term. Seeking Alpha: Exploding CapEx
• Negative Sentiment: Operational/setback headlines — reports of layoffs in New York and the halt of the Blue Jay warehouse-robot project highlight execution and cost-management risks. NY layoffs Blue Jay halted

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.