Avity Investment Management Inc. Sells 3,899 Shares of Amazon.com, Inc. $AMZN

Avity Investment Management Inc. lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 264,992 shares of the e-commerce giant’s stock after selling 3,899 shares during the period. Amazon.com comprises about 4.3% of Avity Investment Management Inc.’s portfolio, making the stock its 3rd largest holding. Avity Investment Management Inc.’s holdings in Amazon.com were worth $61,166,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of AMZN. Vanguard Group Inc. boosted its holdings 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 worth $186,420,422,000 after buying an additional 17,447,045 shares during the period. State Street Corp boosted its position in shares of Amazon.com by 2.0% in the third quarter. State Street Corp now owns 381,681,441 shares of the e-commerce giant’s stock worth $83,805,794,000 after buying an additional 7,584,156 shares during the period. Geode Capital Management LLC grew its holdings in shares of Amazon.com by 1.7% during 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 buying an additional 3,721,658 shares in the last quarter. Norges Bank acquired a new position in Amazon.com during the second quarter valued at $27,438,011,000. Finally, Northern Trust Corp grew its stake in Amazon.com by 0.3% during 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 in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction dated Monday, February 23rd. The shares were 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 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 legal filing with the SEC, which is accessible through this hyperlink. Also, SVP David Zapolsky sold 10,649 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total value of $2,187,624.07. Following the sale, the senior vice president owned 41,190 shares of the company’s stock, valued at approximately $8,461,661.70. The trade was a 20.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 71,686 shares of company stock worth $14,688,739 over the last ninety days. Company insiders own 9.70% of the company’s stock.

Amazon.com Stock Down 0.4%

AMZN stock opened at $209.77 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 quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16. The company has a market cap of $2.25 trillion, a PE ratio of 29.26, a price-to-earnings-growth ratio of 1.58 and a beta of 1.38. The business’s 50-day simple moving average is $214.29 and its 200 day simple moving average is $224.53.

Amazon.com (NASDAQ:AMZN) last posted its quarterly 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). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The business had revenue of $213.39 billion for the quarter, compared to analyst estimates of $211.02 billion. During the same quarter in the prior year, the firm earned $1.86 EPS. The firm’s quarterly revenue was up 13.6% on a year-over-year basis. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Ratings Changes

AMZN has been the subject of several recent research reports. TD Cowen reiterated a “buy” rating and set a $300.00 price objective on shares of Amazon.com in a report on Monday, March 23rd. President Capital reduced their price target on Amazon.com from $320.00 to $296.00 and set a “buy” rating for the company in a report on Tuesday, February 10th. Benchmark reissued a “buy” rating on shares of Amazon.com in a research note on Thursday, January 29th. Rothschild & Co Redburn set a $230.00 price objective on Amazon.com in a report on Wednesday, January 21st. Finally, Raymond James Financial cut their price objective on shares of Amazon.com from $260.00 to $225.00 and set an “outperform” rating on the stock in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $286.59.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Reports that Amazon is in talks to acquire Globalstar for roughly $9 billion — a deal that would accelerate Project Kuiper and strengthen Amazon’s ability to compete with SpaceX’s Starlink — pushed momentum in related space stocks and supports a longer‑term connectivity growth narrative. Read More.
• Positive Sentiment: Wells Fargo nudged its price target slightly higher to $305 and reiterated an overweight view, highlighting AWS acceleration and improving free‑cash‑flow prospects — a modest vote of confidence from the Street. Read More.
• Neutral Sentiment: Market commentary continues to emphasize AWS as the core long‑term driver for AMZN (AI/cloud infrastructure exposure), keeping longer‑term investor conviction intact even as the stock digests short‑term noise. Read More.
• Negative Sentiment: Amazon told U.S. and Canadian third‑party sellers it will add a 3.5% “fuel and logistics” surcharge to fulfillment fees starting April 17 to offset higher transportation costs driven by the Iran war — a move that could squeeze seller economics, trigger higher prices for consumers, and create seller pushback that weighs on GMV. Read More.
• Negative Sentiment: The NLRB ruled Amazon must negotiate with a union representing ~5,000 Staten Island warehouse workers — a reminder that labor and unionization risks could increase operating costs and create local disruptions. Read More.
• Negative Sentiment: Reports that an Iranian strike damaged an AWS data center in Bahrain add geopolitical and operational risk for Amazon’s cloud business; investors may demand clarity on outages, redundancy and potential costs. Read More.

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.