Amazon.com, Inc. $AMZN is Veritas Asset Management LLP’s 2nd Largest Position

Veritas Asset Management LLP reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 4.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,587,764 shares of the e-commerce giant’s stock after selling 202,373 shares during the quarter. Amazon.com comprises approximately 10.8% of Veritas Asset Management LLP’s portfolio, making the stock its 2nd biggest holding. Veritas Asset Management LLP’s holdings in Amazon.com were worth $1,007,335,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. Fairway Wealth LLC boosted its stake in shares of 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 purchasing an additional 60 shares during the last quarter. Sellwood Investment Partners LLC purchased a new position in shares of Amazon.com during the third quarter valued at approximately $27,000. Cooksen Wealth LLC lifted its stake 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 valued at $54,000 after buying an additional 47 shares during the period. PayPay Securities Corp boosted its position in 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 acquiring an additional 96 shares during the last quarter. Finally, Access Investment Management LLC purchased a new stake in Amazon.com in the 2nd quarter worth approximately $74,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on AMZN. Wall Street Zen lowered Amazon.com from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a research report on Monday, February 2nd. Zacks Research downgraded Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. Argus reissued a “buy” rating and issued a $325.00 price target on shares of Amazon.com in a research note on Friday, February 6th. Finally, The Goldman Sachs Group lifted their price target on Amazon.com from $290.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Amazon.com currently has an average rating of “Moderate Buy” and an average price target of $287.30.

Amazon.com News Summary

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

• Positive Sentiment: Morgan Stanley named Amazon a top AI pick, citing AWS acceleration and potential “agentic” AI upside — a bullish analyst view that supports the long‑term growth narrative. Amazon.com, Inc. (AMZN) Named Top AI Pick as Morgan Stanley Sees AWS Acceleration and Agentic Upside
• Positive Sentiment: Retail expansion: Bath & Body Works launched an authorized Amazon US storefront, a small but tangible revenue/GMV win that supports marketplace monetization and advertising revenue. Bath & Body Works launches authorised Amazon US store
• Positive Sentiment: Some bullish price targets and buy-side commentary (including a Wall Street note suggesting large upside) keep a significant analyst base constructive on AMZN’s multi-year growth from AI and ads. Could Amazon Stock Gain 79% This Year? 1 Wall Street Analyst Thinks So.
• Neutral Sentiment: Regulatory/people note: Britain named ex‑Amazon exec Doug Gurr permanent chair of the UK antitrust regulator — could temper or inform enforcement, but impact on Amazon’s operations is unclear. Ex-Amazon executive Doug Gurr named permanent chair of UK’s antitrust regulator
• Neutral Sentiment: Analyst and market positioning is mixed: many analysts retain Buy ratings despite recent share weakness, while hedge funds are placing opposing bets — that keeps volatility likely but consensus remains skewed bullish. Analysts Maintain Buy on Amazon (AMZN) Despite 18% Share Depreciation
• Neutral Sentiment: Estimates update: Erste Group released an FY2027 earnings forecast for Amazon — useful for modeling but not an immediate catalyst without material revisions to consensus. Erste Group Bank Forecasts Amazon.com FY2027 Earnings
• Negative Sentiment: Funding and cash‑flow concerns: a CNBC report highlights that hyperscalers—including Amazon—are increasingly funding AI buildout with debt rather than free cash flow, shifting risk to bondholders and raising investor worry about capital structure and returns. How the AI debt binge shattered hyperscalers’ ‘unspoken contract’ with investors
• Negative Sentiment: Operational/PR risk: Amazon said it’s open to talks after deciding to shut operations in Quebec, a move that would cost ~1,700 jobs and creates short‑term disruption and political scrutiny in Canada. Amazon Willing to Discuss Quebec Shutdown With Canadian Officials
• Negative Sentiment: Investor skepticism: Jim Cramer and others flagged diminished free cash flow and the prospect Amazon may be FCF‑negative in 2026 — a near‑term headwind for valuation as the company ramps capex. Amazon’s Diminished Free Cash Flow Makes It ‘Difficult To Own:’ Jim Cramer

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 4,784 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $198.37, for a total value of $949,002.08. Following the transaction, the chief executive officer directly owned 512,109 shares of the company’s stock, valued at $101,587,062.33. This trade represents a 0.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last three months, insiders have sold 8,284 shares of company stock worth $1,740,052. 10.80% of the stock is currently owned by corporate insiders.

Amazon.com Stock Performance

NASDAQ AMZN opened at $210.11 on Monday. The firm has a market capitalization of $2.26 trillion, a P/E ratio of 29.30, a P/E/G ratio of 1.34 and a beta of 1.37. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $258.60. 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 business’s 50-day simple moving average is $228.22 and its 200-day simple moving average is $228.28.

Amazon.com (NASDAQ:AMZN) last posted its earnings results 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). The business had revenue of $213.39 billion for the quarter, compared to analyst estimates of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The firm’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period last year, the company posted $1.86 EPS. Equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Amazon.com Company 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.