Amazon.com, Inc. $AMZN Shares Sold by MassMutual Private Wealth & Trust FSB

Key Points

• MassMutual reduced its Amazon stake by 5.1% in the third quarter, selling 21,883 shares and retaining 408,911 shares valued at approximately $101.7 million. Amazon remains the fund’s seventh-largest holding and represents 2.6% of its portfolio.
• Amazon reported quarterly earnings of $5.75 per share, far above the $1.82 consensus estimate, while revenue rose 19.6% year over year to $200.61 billion. Shares recently traded at $262.43, with a market capitalization of about $2.83 trillion.
• Analysts remain broadly bullish, with 56 Buy ratings and three Holds producing a consensus “Moderate Buy” rating and a $322.86 price target. Investors are watching AWS and AI growth, margin expansion, heavy infrastructure spending, and potential regulatory risks.

MassMutual Private Wealth & Trust FSB reduced its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 408,911 shares of the e-commerce giant's stock after selling 21,883 shares during the quarter. Amazon.com accounts for about 2.6% of MassMutual Private Wealth & Trust FSB's investment portfolio, making the stock its 7th largest holding. MassMutual Private Wealth & Trust FSB's holdings in Amazon.com were worth $101,738,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Red Crane Wealth Management LLC raised its position in Amazon.com by 2.3% during the first quarter. Red Crane Wealth Management LLC now owns 1,663 shares of the e-commerce giant's stock valued at $346,000 after buying an additional 38 shares during the period. Robinson Smith Wealth Advisors LLC boosted its position in Amazon.com by 0.7% during the 1st quarter. Robinson Smith Wealth Advisors LLC now owns 5,509 shares of the e-commerce giant's stock worth $1,147,000 after acquiring an additional 40 shares during the period. Sfam LLC boosted its position in Amazon.com by 3.4% during the 1st quarter. Sfam LLC now owns 1,224 shares of the e-commerce giant's stock worth $255,000 after acquiring an additional 40 shares during the period. Measured Risk Portfolios Inc. boosted its position in Amazon.com by 3.4% during the 1st quarter. Measured Risk Portfolios Inc. now owns 1,206 shares of the e-commerce giant's stock worth $251,000 after acquiring an additional 40 shares during the period. Finally, CoreFirst Bank & Trust grew its stake in Amazon.com by 1.1% during the 1st quarter. CoreFirst Bank & Trust now owns 3,620 shares of the e-commerce giant's stock valued at $754,000 after acquiring an additional 40 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Performance

Shares of NASDAQ AMZN opened at $262.43 on Friday. The business's 50-day simple moving average is $258.83 and its 200-day simple moving average is $249.88. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $287.20. The firm has a market cap of $2.83 trillion, a price-to-earnings ratio of 21.11, a P/E/G ratio of 2.03 and a beta of 1.45.

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

Trending Headlines about Amazon.com

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

• Positive Sentiment: AI and AWS optimism: AWS CEO Matt Garman said AI spending is not yet in a bubble, citing diversified customers and attractive returns. Analysts also point to AWS’s accelerating growth, custom-chip demand from major AI companies, and Amazon’s planned infrastructure investments as potential long-term catalysts. AWS CEO discusses AI spending
• Positive Sentiment: Analysts see upside: Needham described Amazon as undervalued, citing AI adoption, expanding margins, and cloud leadership. Technical analysts said a double-bottom breakout could open a path toward $320, with resistance near $267.56 and $287.20. Amazon valuation and AI outlook
• Positive Sentiment: Cost-cutting supports margins: Amazon is eliminating fewer than 1,000 positions, primarily in Stores, customer service, marketplace support, and engineering. The cuts may improve efficiency as the company shifts resources toward AI, although they also signal ongoing restructuring. Amazon job cuts
• Neutral Sentiment: Data-center transparency: Amazon said it will stop using nondisclosure agreements in negotiations with local governments over data centers, potentially easing opposition to AI infrastructure while exposing the company to greater public scrutiny. Amazon drops data-center NDAs
• Negative Sentiment: Regulatory and reputational risk: An investigation alleges Amazon pressured sellers to raise prices at competing retailers, potentially increasing antitrust scrutiny. Investigation into Amazon pricing practices
• Negative Sentiment: Heavy AI spending remains a concern: Amazon’s large capital commitments, including planned GPU deployments, could pressure free cash flow if AI demand or returns disappoint. Blocking third-party AI shopping agents may also create an opening for competitors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on AMZN. Robert W. Baird set a $310.00 price target on shares of Amazon.com and gave the stock an "outperform" rating in a research report on Friday, July 31st. Evercore set a $355.00 target price on shares of Amazon.com and gave the stock an "outperform" rating in a research report on Friday, August 28th. Mizuho set a $330.00 target price on shares of Amazon.com and gave the company an "outperform" rating in a research note on Friday, July 31st. Morgan Stanley restated an "overweight" rating and set a $335.00 price target (up from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, HSBC reaffirmed a "buy" rating and issued a $310.00 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 stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $322.86.

Insider Activity

In other news, CEO Matthew Garman sold 14,541 shares of the firm's stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.06, for a total value of $3,766,991.46. Following the sale, the chief executive officer directly owned 17,794 shares of the company's stock, valued at approximately $4,609,713.64. This trade represents a 44.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian T. Olsavsky sold 6,172 shares of Amazon.com stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $260.31, for a total value of $1,606,633.32. Following the completion of the transaction, the chief financial officer owned 109,207 shares in the company, valued at $28,427,674.17. The trade was a 5.35% decrease in their ownership of the stock. 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. Over the last 90 days, insiders have sold 71,589 shares of company stock worth $18,580,515. Insiders own 8.90% of the company's stock.

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.

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.