CIBC Private Wealth Group LLC Has $2.32 Billion Stock Position in Amazon.com, Inc. $AMZN

CIBC Private Wealth Group LLC trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,571,204 shares of the e-commerce giant’s stock after selling 64,093 shares during the quarter. Amazon.com makes up 4.0% of CIBC Private Wealth Group LLC’s holdings, making the stock its 3rd biggest holding. CIBC Private Wealth Group LLC owned approximately 0.10% of Amazon.com worth $2,321,119,000 at the end of the most recent reporting period.

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

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $208.86 on Friday. The business has a 50-day moving average price of $220.60 and a two-hundred day moving average price of $226.19. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year 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 company has a market cap of $2.24 trillion, a P/E ratio of 29.13, a PEG ratio of 1.57 and a beta of 1.40.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data 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). 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 period in the prior year, the firm earned $1.86 earnings per share. The firm’s revenue for the quarter was up 13.6% compared to the same quarter last year. As a group, analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on AMZN shares. Raymond James Financial decreased their price objective on Amazon.com from $260.00 to $225.00 and set an “outperform” rating for the company in a report on Friday, February 6th. Barclays reaffirmed a “buy” rating on shares of Amazon.com in a report on Friday, February 6th. Oppenheimer set a $260.00 price target on Amazon.com and gave the company an “outperform” rating in a research report on Friday, February 6th. Scotiabank reissued an “outperform” rating and issued a $275.00 price target (down from $300.00) on shares of Amazon.com in a research note on Friday, February 6th. Finally, KeyCorp set a $285.00 price objective on Amazon.com in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Amazon.com currently has a consensus rating of “Moderate Buy” and a consensus price target of $286.84.

Key Amazon.com News

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

• Positive Sentiment: Large GPU supply deal for AWS underscores strong AI demand and recurring cloud revenue upside; Nvidia says it will sell 1 million GPUs (and other products) to Amazon Web Services through 2027, supporting AWS’s AI-driven growth thesis. Read More.
• Positive Sentiment: Amazon acquired Rivr, a stair‑climbing delivery-robot startup, signaling continued investment to cut last‑mile costs and improve safety — a strategic move for logistics efficiency and scaling doorstep delivery pilots. Read More.
• Positive Sentiment: CEO Andy Jassy’s internal forecast that AI could push AWS to ~$600B annually fuels long‑term upside expectations for the cloud unit, helping support valuation despite heavy AI capex. Read More.
• Neutral Sentiment: Appeals court pause allows Perplexity AI shopping bots to keep functioning on Amazon while litigation continues — limits immediate disruption to site traffic/revenue but keeps regulatory/legal uncertainty live. Read More.
• Neutral Sentiment: Product expansion: Amazon rolled out Alexa+ in the U.K. early access program — incremental services and device engagement upside but limited near-term revenue impact versus cloud/logistics headlines. Read More.
• Neutral Sentiment: Jeff Bezos reportedly courting partners for a $100B automation fund — potential ecosystem benefits for automation/robotics but not an immediate Amazon revenue driver. Read More.
• Negative Sentiment: Logistics risk: Amazon says USPS “walked away” from talks and reports indicate Amazon plans to cut USPS parcel volume dramatically — switching carriers and scaling in‑house delivery raises transition costs and operational risk ahead of the October contract deadline. Read More.
• Negative Sentiment: Legal/regulatory risk: Microsoft is reportedly considering legal action over a large Amazon–OpenAI cloud deal, creating potential litigation or contractual headwinds that could affect AWS’s access to certain AI workloads. Read More.

Insiders Place Their Bets

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 2,238,118 shares of the company’s stock, valued at approximately $459,217,051.24. The trade was a 0.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Matthew S. Garman sold 17,751 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.22, for a total value of $3,642,860.22. Following the transaction, the chief executive officer owned 9,405 shares in the company, valued at $1,930,094.10. The trade was a 65.37% 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 in the last 90 days. Company insiders own 9.70% of the company’s stock.

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.