Gardner Lewis Asset Management L P Sells 6,795 Shares of Amazon.com, Inc. $AMZN

Gardner Lewis Asset Management L P lessened its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 10.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,602 shares of the e-commerce giant’s stock after selling 6,795 shares during the period. Amazon.com comprises 2.9% of Gardner Lewis Asset Management L P’s portfolio, making the stock its 10th largest position. Gardner Lewis Asset Management L P’s holdings in Amazon.com were worth $12,209,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in AMZN. Fairway Wealth LLC boosted its holdings in Amazon.com by 113.2% in the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after purchasing an additional 60 shares during the period. Sellwood Investment Partners LLC bought a new stake in Amazon.com during the third quarter valued at $27,000. Bridge Generations Wealth Management LLC raised its holdings in shares of Amazon.com by 2,330.0% during the third quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant’s stock worth $53,000 after purchasing an additional 233 shares during the period. Cooksen Wealth LLC lifted its position in shares of Amazon.com by 23.5% in the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock worth $54,000 after buying an additional 47 shares during the last quarter. Finally, PayPay Securities Corp lifted its position in shares of Amazon.com by 62.3% in the 3rd quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant’s stock worth $55,000 after buying an additional 96 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Performance

AMZN opened at $213.49 on Tuesday. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The stock has a market cap of $2.29 trillion, a PE ratio of 29.78, a price-to-earnings-growth ratio of 1.60 and a beta of 1.40. The business’s 50 day moving average is $224.46 and its 200-day moving average is $227.16. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16.

Amazon.com (NASDAQ:AMZN) last posted its 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 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 analyst estimates of $211.02 billion. During the same quarter in the prior year, the business earned $1.86 earnings per share. The firm’s revenue was up 13.6% compared to the same quarter last year. On average, analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on AMZN. Cantor Fitzgerald set a $250.00 price objective on shares of Amazon.com and gave the company an “overweight” rating in a research report on Friday, February 6th. Mizuho cut shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. DZ Bank upgraded Amazon.com to a “strong-buy” rating in a research note on Friday, February 6th. KeyCorp set a $285.00 target price on Amazon.com in a report on Friday, February 6th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a report 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 given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $287.29.

Amazon.com News Roundup

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

• Positive Sentiment: Zoox expands robotaxi testing to Phoenix and Dallas and opens an Arizona command hub — reinforces Amazon’s push into autonomous mobility, logistics and edge AI capabilities that could create new service/revenue pathways over time. Amazon’s Zoox to launch command hub in Arizona, expand testing to Dallas and Phoenix
• Positive Sentiment: Bank of America reaffirms a Buy rating with a $275 price target, citing AI‑led growth and AWS momentum — supports upside expectations and investor confidence. BofA Maintains Buy on Amazon.com, Inc. (AMZN) Stock
• Positive Sentiment: High‑profile institutional buying: Bill Ackman increased exposure and lists AMZN among top picks — large investor endorsement can support multiple valuation re-ratings. Amazon.com, Inc. (AMZN) Among Bill Ackman’s Top Picks
• Positive Sentiment: Amazon Pharmacy expands access to Eli Lilly’s Zepbound KwikPen — incremental revenue and margins opportunity in the health/pharmacy vertical. Amazon Pharmacy Expands Access to Eli Lilly’s Zepbound KwikPen
• Neutral Sentiment: Massive capital investment plan (~$200B capex) to scale AI/data‑center capacity — positive for long‑term AWS leadership but increases near‑term cash burn and execution risk. Amazon Just Committed $200 Billion to Capital Expenditures
• Neutral Sentiment: Partner ecosystem momentum (e.g., custom‑silicon and vendor activity) signals sustained AWS demand but binds Amazon to supplier/capex cycles — supportive but timing‑sensitive. Marvell’s Big Earnings Win Could Be the Start of Something Bigger
• Negative Sentiment: Drone strikes damaged AWS data centers in the UAE and Bahrain, causing outages — highlights geopolitical and physical‑security risks to cloud availability and could increase insurance, redundancy and recovery costs. Iran’s attacks on Amazon data centers in UAE, Bahrain
• Negative Sentiment: Surging oil prices and higher energy costs could pressure data‑center margins and raise operating costs for AWS, while broader macro effects may weigh e‑commerce demand. For Amazon, Alphabet, Microsoft, $119 Oil Could Be A Ticking Time Bomb
• Negative Sentiment: Reports of robotics unit job cuts highlight restructuring and execution risk as Amazon pivots more heavily into AI and cloud — could signal near‑term cost reductions but also business uncertainty. As Amazon Slashes Robotics Jobs, Should You Buy, Sell, or Hold AMZN Stock?

Insiders Place Their Bets

In related news, CEO Matthew S. Garman sold 17,751 shares of the stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $205.22, for a total value of $3,642,860.22. Following the completion of the transaction, the chief executive officer owned 9,405 shares in the company, valued at $1,930,094.10. This represents a 65.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 1,000 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was 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 $106,487,984.25. This trade represents a 0.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 71,686 shares of company stock valued at $14,688,739. Corporate insiders own 10.80% of the company’s stock.

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.