Amazon.com, Inc. $AMZN Shares Sold by Seaview Investment Managers LLC

Key Points

• Seaview Investment Managers LLC cut its Amazon stake by 51.3% in Q3, selling 40,259 shares and retaining 38,223 shares worth about $8.39 million (roughly 3.1% of its portfolio).
• Insider selling has been notable: VP Shelley Reynolds sold 2,695 shares and CEO Matthew S. Garman sold 17,751 shares on Feb. 23, and insiders disposed of 71,686 shares (~$14.69M) over the past 90 days.
• Key positives for Amazon include an OpenAI strategic partnership and major AWS AI/data‑center investments, while analysts keep a "Moderate Buy" consensus with an average price target of $287.29.

Seaview Investment Managers LLC lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 51.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 38,223 shares of the e-commerce giant's stock after selling 40,259 shares during the quarter. Amazon.com makes up about 3.1% of Seaview Investment Managers LLC's portfolio, making the stock its 12th biggest holding. Seaview Investment Managers LLC's holdings in Amazon.com were worth $8,393,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Fairway Wealth LLC lifted its stake in Amazon.com by 113.2% in the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant's stock valued at $25,000 after buying an additional 60 shares in the last quarter. Sellwood Investment Partners LLC purchased a new position in shares of Amazon.com in the third quarter valued at approximately $27,000. Cooksen Wealth LLC lifted its position in shares of Amazon.com by 23.5% in the second quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant's stock valued at $54,000 after acquiring an additional 47 shares in the last quarter. PayPay Securities Corp boosted its stake in shares of Amazon.com by 62.3% in the third quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant's stock worth $55,000 after acquiring an additional 96 shares during the last quarter. Finally, Access Investment Management LLC purchased a new stake in shares of Amazon.com during the second quarter worth approximately $74,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP Shelley Reynolds sold 2,695 shares of the business's stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.90, for a total value of $554,900.50. Following the sale, the vice president directly owned 119,780 shares of the company's stock, valued at approximately $24,662,702. The trade was a 2.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Matthew S. Garman sold 17,751 shares of the company's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the completion of the transaction, the chief executive officer owned 9,405 shares in the company, valued at approximately $1,930,094.10. This represents a 65.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 71,686 shares of company stock worth $14,688,739. 9.70% of the stock is currently owned by corporate insiders.

Key Amazon.com News

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

• Positive Sentiment: OpenAI strategic partnership validates AWS AI demand — Amazon’s multi‑year deal with OpenAI (including an initial tranche and a potential investment of up to $50B plus large workload commitments) reassures investors that high capex is backed by long‑duration customer demand. Amazon's OpenAI tie-up ‘positive proof' for AI growth
• Positive Sentiment: Expansion of AI infrastructure — Amazon is buying a Virginia campus (~$427M) and continuing large data‑center investments to host AI workloads, supporting long‑term AWS revenue growth. Amazon invests $427M in new AI data hub
• Positive Sentiment: Wall Street support and high price targets — Many analysts remain bullish (numerous Buy/Outperform ratings and a median price target well above current levels), which provides technical and sentiment support for a rebound. Analyst commentary and price targets
• Neutral Sentiment: Pledge to self‑power AI data centers — Amazon joined other big tech firms in a White House pledge to provide their own power for AI data centers; helpful for long‑run grid resilience but vague on sourcing and near‑term impact. Top tech companies sign Trump's pledge
• Neutral Sentiment: Operational expansion in retail markets — Initiatives like 15‑minute delivery rollout in Brazil signal growth initiatives in international commerce, but they are incremental vs. the AWS/AI story. Amazon deploys 15-minute delivery in Brazil
• Negative Sentiment: Drone strikes damaged Middle East AWS facilities — Physical damage and prolonged outages in UAE and Bahrain introduce operational risk, customer disruption and potential remediation costs; these headlines have weighed on sentiment periodically. Amazon's Bahrain data center targeted by Iran
• Negative Sentiment: Job cuts and robotics scaling back — Recent layoffs in the robotics unit and reports of reduced robot deployments are a reminder of near‑term cost pressures and restructuring that can hurt execution narratives. Amazon cuts more jobs in robotics unit
• Negative Sentiment: Insider selling — A CEO Form 4 shows a small sale (1,000 shares); while modest in size, continued insider sales across the company are watched by investors as a negative signal. SEC filing: insider sale

Analysts Set New Price Targets

AMZN has been the topic of several recent research reports. Morgan Stanley reaffirmed an "overweight" rating and set a $300.00 target price (down from $315.00) on shares of Amazon.com in a research note on Friday, February 6th. Mizuho downgraded shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, November 18th. CICC Research upped their price objective on shares of Amazon.com from $240.00 to $280.00 and gave the company an "outperform" rating in a research note on Wednesday, November 5th. Monness Crespi & Hardt decreased their target price on shares of Amazon.com from $300.00 to $280.00 and set a "buy" rating on the stock in a research note on Friday, February 6th. Finally, Royal Bank Of Canada restated an "outperform" rating and set a $300.00 target price on shares of Amazon.com in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Amazon.com currently has an average rating of "Moderate Buy" and an average target price of $287.29.

Amazon.com Trading Up 3.9%

AMZN opened at $216.82 on Thursday. The stock has a market capitalization of $2.33 trillion, a PE ratio of 30.24, a P/E/G ratio of 1.56 and a beta of 1.40. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. The business's 50 day moving average price is $225.48 and its 200 day moving average price is $227.39.

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

About Amazon.com

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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