3,357 Amazon.com, Inc. $AMZN Shares Sold by Sapient Capital LLC

Key Points

• Sapient Capital reduced its Amazon stake by 0.8%, selling 3,357 shares and retaining 405,756 shares valued at approximately $101.1 million. Amazon represents about 1.4% of the firm’s portfolio.
• Institutional investors own 72.2% of Amazon’s stock, while several funds increased their positions during the third quarter, including Artemis Investment Management, which raised its stake by 24.4%.
• Analysts remain broadly bullish, with 56 Buy ratings and three Holds, an overall “Moderate Buy” consensus, and an average price target of $322.53. Strong AWS and AI growth support the outlook, though heavy AI spending of up to $220 billion could pressure free cash flow.

Sapient Capital LLC reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 405,756 shares of the e-commerce giant's stock after selling 3,357 shares during the period. Amazon.com makes up approximately 1.4% of Sapient Capital LLC's portfolio, making the stock its 11th biggest position. Sapient Capital LLC's holdings in Amazon.com were worth $101,094,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of AMZN. CoreCap Advisors LLC increased its holdings in Amazon.com by 0.9% in the 3rd quarter. CoreCap Advisors LLC now owns 119,152 shares of the e-commerce giant's stock valued at $29,629,000 after purchasing an additional 1,064 shares during the last quarter. Kure Advisory LLC boosted its position in shares of Amazon.com by 2.5% during the third quarter. Kure Advisory LLC now owns 2,259 shares of the e-commerce giant's stock worth $563,000 after buying an additional 55 shares during the period. Artemis Investment Management LLP boosted its position in shares of Amazon.com by 24.4% during the third quarter. Artemis Investment Management LLP now owns 811,885 shares of the e-commerce giant's stock worth $202,281,000 after buying an additional 159,358 shares during the period. Dickmeyer Boyce Financial Management Inc. grew its stake in shares of Amazon.com by 1.8% in the third quarter. Dickmeyer Boyce Financial Management Inc. now owns 10,890 shares of the e-commerce giant's stock valued at $2,713,000 after buying an additional 190 shares in the last quarter. Finally, Aletheian Wealth Advisors LLC grew its stake in shares of Amazon.com by 10.2% in the third quarter. Aletheian Wealth Advisors LLC now owns 10,335 shares of the e-commerce giant's stock valued at $2,575,000 after buying an additional 955 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on AMZN shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $325.00 price objective (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. Pivotal Research restated a "buy" rating and set a $333.00 target price (up from $320.00) on shares of Amazon.com in a report on Friday, July 31st. KeyCorp lifted their target price on Amazon.com from $335.00 to $350.00 and gave the company an "overweight" rating in a research report on Friday, July 31st. Barclays reiterated an "overweight" rating and set a $365.00 price target (up from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. Finally, Needham & Company LLC reiterated a "buy" rating and set a $300.00 price target on shares of Amazon.com in a research note on Friday, July 31st. Fifty-six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Amazon.com currently has an average rating of "Moderate Buy" and an average price target of $322.53.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: AWS remains the key bullish catalyst. Reports highlight a $496 billion AWS backlog, cloud margins near 39%, and continued demand for AI infrastructure. Amazon also said its custom-chip and AI businesses each surpassed $25 billion, supporting the case that Trainium and Inferentia could eventually reduce reliance on Nvidia GPUs. AWS Backlog and Cloud Margins
• Positive Sentiment: Amazon is expanding its AI ecosystem. The company is reportedly considering a roughly $7 billion acquisition of Decart, whose software helps run AI workloads across Nvidia and Amazon chips. The deal could accelerate Trainium adoption and improve AWS’s competitive position. Amazon Decart AI Deal
• Positive Sentiment: Analyst fundamentals remain supportive. Erste Group raised its FY2027 EPS estimate to $10.71 from $10.54, while Amazon’s Prime Video sports strategy could increase engagement, retention and advertising opportunities. Amazon Prime Video Sports Strategy
• Neutral Sentiment: Investor positioning may amplify volatility. Amazon was reportedly the most widely owned hedge-fund stock in September, creating potential support but also increasing the risk of crowded-trade selling if earnings or AWS growth disappoints. Amazon Hedge Fund Ownership
• Negative Sentiment: AI investment is pressuring cash flow. Amazon’s planned spending of roughly $200 billion to $220 billion raises concerns about capital intensity, returns on invested capital and near-term free cash flow, even as operating cash flow improves. Amazon AI Spending
• Negative Sentiment: Regulatory and execution risks increased. Lawmakers asked the FAA to conduct a site-specific environmental review of Amazon’s proposed Massachusetts drone hub, citing noise, privacy, safety and environmental concerns. Amazon also recalled more than 112,000 bottles of acetaminophen sold through its platform. FAA Review of Amazon Drone Hub
• Negative Sentiment: New hardware faces market skepticism. Amazon’s $499.99-plus Alexa Tablet 12 Pro moves the company into a higher-priced segment against Apple’s iPad, while Apple’s new smart-home products intensify competition. Amazon Alexa Tablet Launch

Insider Activity

In related news, CEO Matthew Garman sold 14,541 shares of Amazon.com stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.06, for a total value of $3,766,991.46. Following the completion of the transaction, the chief executive officer owned 17,794 shares in the company, valued at $4,609,713.64. The trade was a 44.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 20,000 shares of the business's stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the transaction, the chief executive officer owned 2,235,766 shares of the company's stock, valued at $579,085,751.66. This trade represents a 0.89% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 71,589 shares of company stock valued at $18,580,515. 8.90% of the stock is owned by corporate insiders.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $254.08 on Thursday. The stock's 50-day moving average is $257.59 and its two-hundred day moving average is $251.19. 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 1-year low of $196.00 and a 1-year high of $287.20. The company has a market cap of $2.74 trillion, a price-to-earnings ratio of 20.44, a price-to-earnings-growth ratio of 2.00 and a beta of 1.45.

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

About Amazon.com

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.

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