Amazon.com, Inc. $AMZN is Fagan Associates Inc.'s 6th Largest Position

Key Points

• Fagan Associates increased its Amazon stake 2.6% to 102,394 shares (about $22.48M), making AMZN roughly 3.1% of its portfolio and the firm's 6th largest position.
• Analysts are broadly positive, citing AWS as a central AI catalyst, stable marketplace traffic and rising retail‑media budgets, with Bank of America estimating a Prime Video rebrand could add roughly $780M in revenue.
• Key risks/funding moves: Amazon completed a €14.473B multi‑tranche euro bond (likely to fund AI infrastructure) and faces reports of a possible ~$200B AI spending plan that raises near‑term capital intensity, while increased European competition (JD.com) and notable insider selling (~71,686 shares, ~$14.7M over 90 days) add potential headwinds.

Fagan Associates Inc. boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,394 shares of the e-commerce giant's stock after acquiring an additional 2,624 shares during the quarter. Amazon.com accounts for approximately 3.1% of Fagan Associates Inc.'s holdings, making the stock its 6th largest position. Fagan Associates Inc.'s holdings in Amazon.com were worth $22,483,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Farallon Capital Management LLC increased its holdings in shares of Amazon.com by 15.5% in the 3rd quarter. Farallon Capital Management LLC now owns 3,505,700 shares of the e-commerce giant's stock worth $769,747,000 after purchasing an additional 471,100 shares in the last quarter. Fayez Sarofim & Co lifted its holdings in shares of Amazon.com by 0.5% during the third quarter. Fayez Sarofim & Co now owns 8,155,023 shares of the e-commerce giant's stock valued at $1,804,342,000 after purchasing an additional 41,954 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of Amazon.com during the third quarter valued at $4,996,000. Focus Partners Wealth boosted its position in shares of Amazon.com by 5.7% during the third quarter. Focus Partners Wealth now owns 4,506,840 shares of the e-commerce giant's stock valued at $989,663,000 after buying an additional 244,385 shares during the last quarter. Finally, Delos Wealth Advisors LLC boosted its position in shares of Amazon.com by 4.7% during the third quarter. Delos Wealth Advisors LLC now owns 11,123 shares of the e-commerce giant's stock valued at $2,442,000 after buying an additional 495 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Monness reiterated a Buy rating and a $280 price target, highlighting AWS as a central AI catalyst and positioning Amazon to benefit from long‑term cloud and AI workload shifts. Monness Buy Rating
• Positive Sentiment: Bank of America analysts report Amazon’s marketplace traffic is stable and retail media budgets are rising (insight from the Prosper Show), supporting continued ad and seller-revenue growth. BofA / Prosper Show
• Positive Sentiment: Bank of America estimates a Prime Video price/rebrand move (Prime Video Ultra) could add roughly $780M in revenue — a near-term monetization boost for Amazon’s media segment. BofA Prime Video Analysis
• Positive Sentiment: Some analysts point to accelerating third‑party seller sales driven by AI tools (“super-sellers”), which supports marketplace GMV and take‑rate upside for Amazon’s services and advertising businesses. Benzinga Analyst Note
• Neutral Sentiment: Amazon completed a major multi‑tranche euro bond issuance (€14.473B), which provides sizable funding — likely to support AI infrastructure and other investments — but increases financial leverage and interest‑rate exposure. Euro Bond Issuance
• Neutral Sentiment: Reports that Amazon may pursue very large AI spending plans (reported ~ $200B over time) keep the company in focus; the long‑term upside is large but the near‑term capital intensity and execution risk make this neutral for now. $200B AI Plan Coverage
• Neutral Sentiment: Reported short‑interest data is effectively zero/ambiguous for mid‑March, offering little signal on trader positioning at present.
• Negative Sentiment: JD.com launched Joybuy in several European markets to challenge Amazon’s footprint there — increased competition in e‑commerce and logistics could pressure European retail margins over time. JD.com Europe Launch
• Negative Sentiment: Sen. Elizabeth Warren has questioned Amazon over layoffs after receiving tax cuts, increasing political and reputational scrutiny that could lead to regulatory or PR headwinds. Warren Letters

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Morgan Stanley reissued an "overweight" rating and issued a $300.00 target price (down from $315.00) on shares of Amazon.com in a research report on Friday, February 6th. Guggenheim reaffirmed a "buy" rating and set a $300.00 price target on shares of Amazon.com in a report on Friday, February 6th. Rothschild & Co Redburn set a $230.00 price target on shares of Amazon.com in a research note on Wednesday, January 21st. Scotiabank reissued an "outperform" rating and set a $275.00 price objective (down from $300.00) on shares of Amazon.com in a report on Friday, February 6th. Finally, BMO Capital Markets restated an "outperform" rating and set a $310.00 price objective (up from $304.00) on shares of Amazon.com in a research report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Amazon.com presently has an average rating of "Moderate Buy" and an average target price of $286.93.

Insider Activity

In other Amazon.com news, VP Shelley Reynolds sold 2,695 shares of the business's stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $205.90, for a total transaction of $554,900.50. Following the completion of the sale, the vice president owned 119,780 shares of the company's stock, valued at approximately $24,662,702. The trade was a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 1,000 shares of the company's stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $204.25, for a total value of $204,250.00. Following the completion of the sale, the chief executive officer owned 521,361 shares of the company's stock, valued at approximately $106,487,984.25. The trade was a 0.19% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 71,686 shares of company stock worth $14,688,739. Company insiders own 10.80% of the company's stock.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $211.74 on Tuesday. 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 stock has a market capitalization of $2.27 trillion, a PE ratio of 29.53, a price-to-earnings-growth ratio of 1.56 and a beta of 1.40. The firm's 50 day moving average price is $222.50 and its 200-day moving average price is $226.53. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing analysts' consensus estimates of $1.97 by ($0.02). Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The business had revenue of $213.39 billion for the quarter, compared to analysts' expectations of $211.02 billion. During the same period in the prior year, the company posted $1.86 earnings per share. The firm's quarterly revenue was up 13.6% on a year-over-year basis. Equities research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.

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