Amazon.com, Inc. $AMZN Position Decreased by Kapitalo Investimentos Ltda

Key Points

• Kapitalo Investimentos reduced its Amazon position by 32.6% in the third quarter, selling 133,360 shares and retaining 275,779 shares valued at approximately $68.7 million. Institutional investors collectively own 72.2% of Amazon.
• Amazon reported third-quarter EPS of $1.89 and revenue of $201.94 billion, both slightly below analyst expectations, although revenue increased 12.1% year over year. Strong AWS growth and expanding AI businesses were offset by concerns about heavy capital spending, cash flow and softer guidance.
• Analysts remain broadly positive, with Amazon holding a “Moderate Buy” consensus rating and an average price target of $320.86 versus a recent share price of $240.35; several firms nevertheless trimmed their targets following the earnings report.

Kapitalo Investimentos Ltda lowered its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 32.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 275,779 shares of the e-commerce giant's stock after selling 133,360 shares during the period. Amazon.com comprises about 5.1% of Kapitalo Investimentos Ltda's investment portfolio, making the stock its 5th biggest holding. Kapitalo Investimentos Ltda's holdings in Amazon.com were worth $68,710,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. State Street Corp grew its holdings 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 acquiring an additional 21,398,025 shares during the period. Bank of America Corp DE purchased a new stake in shares of Amazon.com during the second quarter valued at $22,218,775,000. Bank of New York Mellon Corp bought a new stake in shares of Amazon.com in the second quarter valued at about $16,341,405,000. Amundi boosted its position in Amazon.com by 3.9% during the second quarter. Amundi now owns 63,822,242 shares of the e-commerce giant's stock valued at $15,211,393,000 after purchasing an additional 2,421,739 shares in the last quarter. Finally, Legal & General Group Plc acquired a new stake in shares of Amazon.com in the 2nd quarter worth $12,831,376,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Stock Performance

Shares of NASDAQ AMZN opened at $240.35 on Monday. The stock has a market cap of $2.59 trillion, a price-to-earnings ratio of 19.43, a P/E/G ratio of 1.86 and a beta of 1.49. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $287.20. The company's fifty day moving average is $254.28 and its 200-day moving average is $243.09. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 0.28.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 earnings per share for the quarter, missing analysts' consensus estimates of $1.97 by ($0.08). The company had revenue of $201.94 billion during the quarter, compared to analyst estimates of $202.22 billion. Amazon.com had a net margin of 16.90% and a return on equity of 15.72%. The business's quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.95 EPS. Equities research analysts predict that Amazon.com, Inc. will post 8.00 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently weighed in on AMZN. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $325.00 target price (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. Oppenheimer reissued an "outperform" rating on shares of Amazon.com in a research report on Friday, July 31st. TD Cowen reaffirmed a "buy" rating and issued a $340.00 target price (down from $350.00) on shares of Amazon.com in a report on Friday. Sanford C. Bernstein reiterated an "outperform" rating and set a $320.00 price target (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, BMO Capital Markets reissued an "outperform" rating on shares of Amazon.com in a research report on Tuesday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Amazon.com presently has an average rating of "Moderate Buy" and a consensus price target of $320.86.

Insider Buying and Selling at Amazon.com

In other news, CEO Andrew Jassy sold 20,000 shares of the stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $5,180,200.00. Following the sale, the chief executive officer owned 2,235,766 shares of the company's stock, valued at approximately $579,085,751.66. This represents a 0.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas Herrington sold 1,000 shares of the stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $251.50, for a total value of $251,500.00. Following the completion of the sale, the chief executive officer owned 474,681 shares of the company's stock, valued at approximately $119,382,271.50. This trade represents a 0.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 70,589 shares of company stock valued at $18,302,125 in the last quarter. Insiders own 8.90% of the company's stock.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: AWS growth accelerated significantly. Amazon Web Services revenue rose 39% to approximately $46 billion, its fastest growth in nearly five years. Management said AWS could grow more than 40% annually in 2027 and 2028, supported by AI demand, a large backlog and rising cloud workloads. Analysts including JPMorgan, Canaccord, Monness and RBC maintained bullish ratings or targets, viewing AWS as a potential long-term, trillion-dollar business. AWS growth hits 39 percent
• Positive Sentiment: Amazon continues expanding its AI and adjacent businesses. The company plans to sell its Trainium AI chips externally by late 2027, while Amazon Pharmacy users increased more than 60% year over year and Prime Video reportedly reached profitability. Management also highlighted longer-term opportunities in retail automation, satellite internet and AI infrastructure. Amazon Trainium AI chips
• Neutral Sentiment: Analyst sentiment remains broadly constructive, but targets were trimmed. Several firms reaffirmed Buy or Outperform ratings, with targets generally well above the current trading level. However, Wells Fargo, Morgan Stanley, Wedbush, Scotiabank, Cantor Fitzgerald and others lowered targets, signaling reduced near-term confidence after the earnings release. Amazon price target changes
• Negative Sentiment: Amazon missed both major Q3 estimates. Earnings per share came in at $1.89 versus roughly $1.97–$2.01 expected, while revenue was $201.94 billion compared with about $202.2 billion anticipated. Fourth-quarter revenue guidance was also viewed as soft, raising concerns about holiday-season retail demand. Amazon fourth-quarter guidance
• Negative Sentiment: AI investment is pressuring cash flow and leverage. Amazon spent about $77 billion on property and equipment in Q3 and continues targeting approximately $220 billion in 2026 capital expenditures. Trailing free cash flow fell to a $42.4 billion deficit, while long-term debt increased substantially. Investors are questioning when the spending will generate adequate returns, overshadowing AWS’s strong growth. Amazon AI spending concerns
• Negative Sentiment: Broader technology-sector weakness amplified the selling. Amazon’s report contributed to a wider Nasdaq decline as investors reconsidered whether massive AI infrastructure spending across Big Tech can produce timely profits. Concerns about AI-related debt, cash burn and valuation affected sentiment beyond Amazon itself. Nasdaq and AI spending concerns

Amazon.com Profile

Amazon.com, Inc is a global technology and e-commerce company founded by Jeff Bezos in 1994. Originally launched as an online bookstore, the company has expanded into a broad digital marketplace offering consumer products across numerous categories, including electronics, household goods, apparel, groceries and other merchandise. Amazon also sells products under its own brands and provides logistics, fulfillment and delivery services that support its retail operations and third-party sellers.

The company's principal businesses include online and physical retail, Amazon Web Services (AWS), digital advertising, subscription services and consumer technology.

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