Amazon.com, Inc. $AMZN Shares Sold by Wright Investors Service Inc.

Key Points

• Wright Investors Service cut its stake in Amazon by 17.7% in Q4, selling 11,462 shares and now holding 53,414 shares worth about $12.33 million (≈3.7% of its portfolio, its 6th largest holding).
• Amazon topped Q1 estimates with $2.78 EPS (vs. $1.63 expected) and $181.5B in revenue (up 16.6%), prompting multiple analyst price-target increases and a consensus "Moderate Buy" target near $311.65.
• Amazon launched Amazon Supply Chain Services (ASCS), opening its logistics network to outside customers and fueling bullish sentiment alongside AWS/AI momentum, though heavy AI capex is weighing on near‑term free cash flow.

Wright Investors Service Inc. cut its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 17.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 53,414 shares of the e-commerce giant's stock after selling 11,462 shares during the period. Amazon.com makes up approximately 3.7% of Wright Investors Service Inc.'s investment portfolio, making the stock its 6th largest holding. Wright Investors Service Inc.'s holdings in Amazon.com were worth $12,329,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in AMZN. Norges Bank bought a new stake in Amazon.com during the 2nd quarter worth approximately $27,438,011,000. Nuveen LLC bought a new position in Amazon.com in the first quarter valued at approximately $11,674,091,000. Laurel Wealth Advisors LLC boosted its holdings in shares of Amazon.com by 22,085.8% in the second quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant's stock valued at $2,671,634,000 after buying an additional 12,122,668 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Amazon.com by 21.3% in the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock valued at $11,017,657,000 after buying an additional 10,176,835 shares during the period. Finally, Capital Research Global Investors increased its position in shares of Amazon.com by 11.3% during the third quarter. Capital Research Global Investors now owns 94,284,962 shares of the e-commerce giant's stock worth $20,702,362,000 after acquiring an additional 9,583,217 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Stock Performance

AMZN opened at $271.90 on Tuesday. Amazon.com, Inc. has a 52-week low of $183.85 and a 52-week high of $276.10. The firm has a market capitalization of $2.92 trillion, a PE ratio of 32.52, a PEG ratio of 2.01 and a beta of 1.46. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18. The business's 50-day simple moving average is $223.63 and its 200 day simple moving average is $227.48.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $1.15. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The business had revenue of $181.52 billion for the quarter, compared to analyst estimates of $177.28 billion. During the same quarter in the prior year, the company posted $1.59 earnings per share. Amazon.com's revenue was up 16.6% on a year-over-year basis. As a group, sell-side analysts expect that Amazon.com, Inc. will post 7.71 earnings per share for the current fiscal year.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Amazon launched "Amazon Supply Chain Services" (ASCS), opening its freight, fulfillment and parcel network to outside businesses — investors see a potential new high‑margin monetization path similar to AWS, and the announcement re‑priced incumbents like UPS/FDX. Amazon opens up its logistics network to other businesses
• Positive Sentiment: Analysts and commentators are boosting targets and bullish takes on AWS/AI momentum — BNP Paribas cited a large (reported ~50%) AWS backlog surge and raised its outlook, and other shops (New Street, DZ Bank, Morgan Stanley moves noted) followed with higher targets or buy reiterations. BNP Paribas lifts outlook on AWS backlog
• Positive Sentiment: Management and earnings support the bear‑to‑bull shift: Amazon beat Q1 estimates and CEO Andy Jassy defended the ~$200B AI infrastructure program as a long‑term growth driver, reinforcing the narrative that capex will convert to higher-margin revenue over time. Andy Jassy defends AI spending
• Neutral Sentiment: Insider activity: Director Jonathan Rubinstein sold ~3,700 shares under a pre‑arranged 10b5‑1 plan — disclosure removes much informational significance but may attract short‑term attention. Director sale disclosed
• Neutral Sentiment: Operational moves: Amazon is rolling internal AI tools (Claude Code, Codex) company‑wide — should boost productivity and product development, but the near‑term revenue impact is uncertain. Amazon adopts Claude Code and Codex internally
• Negative Sentiment: CapEx and free‑cash‑flow strain: heavy AI/data‑center investment has materially reduced near‑term FCF (reports highlight a sharp drop), which could pressure valuation if revenue conversion or margin expansion takes longer than expected. CapEx reduces FCF
• Negative Sentiment: ROI and macro concerns: commentators ask whether concentrated AI spending will deliver sufficient returns and warn the hyperscaler capex wave could add to inflationary/energy cost risks — a potential headwind for multiples if realized. Is Amazon generating sufficient ROI on AI spending?

Wall Street Analyst Weigh In

Several research firms recently commented on AMZN. DZ Bank boosted their price objective on shares of Amazon.com from $295.00 to $320.00 and gave the company a "buy" rating in a research report on Monday. Barclays reaffirmed an "overweight" rating and issued a $330.00 price objective (up from $300.00) on shares of Amazon.com in a research report on Thursday. Jefferies Financial Group reaffirmed a "buy" rating on shares of Amazon.com in a research report on Monday. President Capital cut their price objective on shares of Amazon.com from $320.00 to $296.00 and set a "buy" rating on the stock in a research report on Tuesday, February 10th. Finally, KeyCorp upped their price objective on Amazon.com from $325.00 to $330.00 and gave the stock an "overweight" rating in a research report on Thursday, April 30th. Fifty-six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $311.65.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 10,649 shares of the company's stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total value of $2,187,624.07. Following the sale, the senior vice president owned 41,190 shares in the company, valued at $8,461,661.70. This represents a 20.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jonathan Rubinstein sold 3,706 shares of the company's stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $273.02, for a total value of $1,011,812.12. Following the completion of the sale, the director owned 74,948 shares in the company, valued at $20,462,302.96. This represents a 4.71% decrease in their position. 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. Insiders have sold a total of 131,741 shares of company stock valued at $29,839,291 in the last ninety days. Insiders own 8.90% of the company's stock.

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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