Amazon.com, Inc. $AMZN Stock: Mn Services Vermogensbeheer B.V. Boosts Position

Mn Services Vermogensbeheer B.V. boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 2,041,209 shares of the e-commerce giant’s stock after purchasing an additional 23,300 shares during the quarter. Amazon.com makes up approximately 3.7% of Mn Services Vermogensbeheer B.V.’s portfolio, making the stock its 5th biggest holding. Mn Services Vermogensbeheer B.V.’s holdings in Amazon.com were worth $508,567,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in AMZN. State Street Corp increased its stake in shares of Amazon.com by 5.5% in the second quarter. State Street Corp now owns 411,848,346 shares of the e-commerce giant’s stock worth $95,504,904,000 after buying an additional 21,398,025 shares during the last quarter. Bank of America Corp DE acquired a new stake in Amazon.com in the second quarter valued at $22,218,775,000. Bank of New York Mellon Corp bought a new position in Amazon.com during the 2nd quarter valued at $16,341,405,000. Amundi boosted its stake in Amazon.com by 3.9% during the 2nd quarter. Amundi now owns 63,822,242 shares of the e-commerce giant’s stock valued at $15,211,393,000 after acquiring an additional 2,421,739 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in Amazon.com by 3.3% during the 4th quarter. Invesco Ltd. now owns 59,604,857 shares of the e-commerce giant’s stock valued at $13,757,993,000 after acquiring an additional 1,879,630 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Stock Performance

Shares of AMZN opened at $254.76 on Friday. The stock has a market capitalization of $2.75 trillion, a PE ratio of 20.50, a price-to-earnings-growth ratio of 1.96 and a beta of 1.45. The business’s fifty day moving average price is $257.24 and its 200 day moving average price is $251.58. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, beating the consensus estimate of $1.82 by $3.93. The firm had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The firm’s revenue for the quarter was up 19.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.68 earnings per share. Equities research analysts forecast that Amazon.com, Inc. will post 8.03 EPS for the current year.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: New Bee AI devices expand Amazon’s consumer-AI strategy. Amazon introduced the $74.99 Bee Frontier wearable and $99.99 Bee Eclipse smartphone accessory, which can summarize conversations, create reminders and suggest products with user permission. The devices connect with Alexa+ and add potential hardware, subscription and commerce revenue streams. Amazon launches two new portable AI listening devices
• Positive Sentiment: AI infrastructure and AWS remain major growth drivers. Coverage highlights Amazon’s custom AI-chip business, rising AWS demand and substantial data-center investment. Supportive analysts argue that Trainium chips and cloud growth could improve Amazon’s competitive position and eventually produce strong returns on today’s spending. Amazon custom AI chips
• Positive Sentiment: Holiday demand expectations are favorable. Analysts expect online shopping growth to support Amazon, Walmart and other large retailers during the 2026 holiday season, providing a near-term catalyst for retail revenue. Expected strong holiday sales
• Neutral Sentiment: Amazon will report third-quarter 2026 results and host its earnings call on October 29, giving investors a near-term update on AWS growth, margins, AI spending and holiday guidance. Amazon third-quarter 2026 earnings call
• Negative Sentiment: AI-agent restrictions could create reputational and competitive risks. Amazon has reportedly blocked Elon Musk’s Grok shopping agents, prompting discussion of an X Shop competitor and raising questions about whether Amazon could lose some control of emerging agent-driven commerce. Elon Musk’s AI shopper and Amazon
• Negative Sentiment: Investors remain concerned about heavy AI capital expenditures, recent layoffs and execution risks from premium Alexa hardware. Regulatory pushback over Amazon’s proposed Boston drone hub and a product recall add smaller additional overhangs.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 6,362 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $1,647,821.62. Following the completion of the sale, the chief executive officer owned 476,681 shares of the company’s stock, valued at $123,465,145.81. This represents a 1.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the sale, the senior vice president owned 41,190 shares in the company, valued at approximately $10,699,926.30. This trade represents a 18.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 71,589 shares of company stock worth $18,580,515. Company insiders own 8.90% of the company’s stock.

Analysts Set New Price Targets

AMZN has been the subject of several recent analyst reports. Robert W. Baird set a $310.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a report on Friday, July 31st. Tigress Financial restated a “buy” rating and issued a $385.00 target price (up from $315.00) on shares of Amazon.com in a research note on Tuesday, October 6th. Evercore set a $355.00 price target on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Friday, August 28th. DA Davidson reaffirmed a “neutral” rating and set a $250.00 price target on shares of Amazon.com in a research report on Friday, July 31st. Finally, Citigroup reiterated a “market outperform” rating on shares of Amazon.com in a research note on Friday, August 14th. Fifty-six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $322.53.

Amazon.com Company Profile

Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.

Amazon’s major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.