Amazon.com, Inc. $AMZN Stock Position Decreased by Swiss Life Asset Management Ltd

Swiss Life Asset Management Ltd reduced its position in Amazon.com, Inc. (NASDAQ:AMZN) by 5.2% in the 4th quarter, Holdings Channel reports. The firm owned 2,191,773 shares of the e-commerce giant’s stock after selling 119,728 shares during the quarter. Amazon.com accounts for about 2.6% of Swiss Life Asset Management Ltd’s portfolio, making the stock its 5th largest position. Swiss Life Asset Management Ltd’s holdings in Amazon.com were worth $505,905,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Amazon.com in the second quarter valued at about $27,438,011,000. Nuveen LLC acquired a new position in Amazon.com during the first quarter worth about $11,674,091,000. Laurel Wealth Advisors LLC boosted its position in Amazon.com by 22,085.8% during the second quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant’s stock worth $2,671,634,000 after acquiring an additional 12,122,668 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Amazon.com by 21.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after acquiring an additional 10,176,835 shares in the last quarter. Finally, Capital Research Global Investors increased its holdings in shares of Amazon.com by 11.3% in the third quarter. Capital Research Global Investors now owns 94,284,962 shares of the e-commerce giant’s stock valued at $20,702,362,000 after purchasing an additional 9,583,217 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on AMZN shares. Telsey Advisory Group lifted their target price on shares of Amazon.com from $300.00 to $315.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Robert W. Baird raised their target price on Amazon.com from $285.00 to $300.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. HSBC lifted their target price on Amazon.com from $280.00 to $310.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. JPMorgan Chase & Co. upped their price target on Amazon.com from $280.00 to $330.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Mizuho increased their price target on Amazon.com from $315.00 to $325.00 and gave the stock an “outperform” rating in a report on Tuesday, April 28th. Fifty-seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and an average price target of $312.52.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Amazon unveiled a new AI-powered warehouse robot and is backing a €10 billion expansion of its European fulfillment network, reinforcing expectations for faster logistics, lower operating costs, and continued AI-driven efficiency gains. Article Title
• Positive Sentiment: Amazon’s Prime Day was moved to June 23–26 and expanded to a four-day event, which could boost near-term retail sales, Prime sign-ups, and ad revenue while highlighting Alexa AI features in shopping. Article Title
• Positive Sentiment: Several articles pointed to Amazon’s growing AI and cloud opportunity, including comments that AWS, advertising, and subscriptions are compounding faster than retail and that Amazon remains one of the market’s main AI infrastructure beneficiaries. Article Title
• Positive Sentiment: Amazon overtook Walmart to become the largest U.S. company by revenue and surpassed $700 billion in annual sales, underscoring its scale and execution strength. Article Title
• Neutral Sentiment: Amazon launched Prime in South Africa for under $4 per month, a modest international expansion that supports long-term membership growth but is unlikely to move the stock immediately. Article Title
• Negative Sentiment: Amazon faces fresh pressure from a class-action lawsuit over Ring facial-recognition features and broader scrutiny of its data practices in Europe, adding regulatory and legal overhangs for AWS and connected devices. Article Title
• Negative Sentiment: Reports that Amazon is willing to discuss shutting down operations in Quebec and that engineers criticized the company’s AI spending while layoffs continue may reinforce investor worries about costs, labor relations, and political scrutiny. Article Title
• Negative Sentiment: Amazon insider selling remained a talking point, including a recent CEO stock sale, which can add to short-term caution even though the sale was made under a pre-arranged trading plan. Article Title

Amazon.com Trading Down 2.5%

AMZN opened at $250.02 on Thursday. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $278.56. The business has a fifty day simple moving average of $248.25 and a 200-day simple moving average of $232.76. The firm has a market cap of $2.69 trillion, a P/E ratio of 29.91, a P/E/G ratio of 1.92 and a beta of 1.44. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $1.15. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The firm had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. During the same quarter in the previous year, the business earned $1.59 EPS. The company’s quarterly revenue was up 16.6% compared to the same quarter last year. On average, equities analysts expect that Amazon.com, Inc. will post 7.71 earnings per share for the current year.

Insider Activity at Amazon.com

In other news, CEO Douglas J. Herrington sold 1,000 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $266.19, for a total value of $266,190.00. Following the sale, the chief executive officer directly owned 485,527 shares in the company, valued at approximately $129,242,432.13. This trade represents a 0.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 15,467 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $263.40, for a total value of $4,074,007.80. Following the sale, the chief executive officer owned 14,159 shares of the company’s stock, valued at approximately $3,729,480.60. The trade was a 52.21% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 195,774 shares of company stock worth $51,614,434 over the last 90 days. 8.90% of the stock is currently owned by corporate insiders.

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.