Amazon.com, Inc. $AMZN Stock Holdings Boosted by Louisbourg Investments Inc.

Key Points

• Louisbourg Investments increased its Amazon stake by 4.7% in the third quarter to 52,214 shares valued at approximately $13.0 million, making Amazon its eighth-largest holding.
• Institutional investors collectively own 72.2% of Amazon’s stock, with major firms including State Street, Bank of America, Bank of New York Mellon, Amundi and Legal & General holding substantial positions.
• Amazon’s latest quarterly results fell slightly short of expectations, with EPS of $1.89 and revenue of $201.94 billion, though revenue grew 12.1% year over year. Analysts maintain a broadly positive outlook, with a consensus “Moderate Buy” rating and an average price target of $320.86.

Louisbourg Investments Inc. boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 4.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 52,214 shares of the e-commerce giant's stock after buying an additional 2,339 shares during the quarter. Amazon.com makes up about 2.2% of Louisbourg Investments Inc.'s holdings, making the stock its 8th largest position. Louisbourg Investments Inc.'s holdings in Amazon.com were worth $13,009,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp lifted its position in Amazon.com by 5.5% during the 2nd 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 2nd quarter worth $22,218,775,000. Bank of New York Mellon Corp purchased a new position in shares of Amazon.com in the 2nd quarter valued at about $16,341,405,000. Amundi increased its holdings in shares of Amazon.com by 3.9% in the 2nd 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 purchased a new stake in Amazon.com during the second quarter worth about $12,831,376,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $240.35 on Monday. The firm 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. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.99 and a quick ratio of 0.82. The stock has a 50-day simple moving average of $254.28 and a 200-day simple moving average of $243.09. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $287.20.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The e-commerce giant reported $1.89 EPS for the quarter, missing analysts' consensus estimates of $1.97 by ($0.08). The company had revenue of $201.94 billion for 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 firm's quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.95 EPS. On average, equities research analysts expect that Amazon.com, Inc. will post 8.00 earnings per share for the current fiscal year.

Insider Activity at Amazon.com

In related news, CEO Douglas Herrington sold 1,000 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $251.50, for a total value of $251,500.00. Following the transaction, the chief executive officer directly owned 474,681 shares in the company, valued at $119,382,271.50. This represents a 0.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of Amazon.com stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the completion of the transaction, the chief executive officer directly owned 17,794 shares in the company, valued at approximately $4,609,713.64. The trade was a 44.97% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 70,589 shares of company stock worth $18,302,125 over the last 90 days. Insiders own 8.90% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Benchmark increased their price objective on shares of Amazon.com from $370.00 to $400.00 and gave the company a "buy" rating in a research note on Friday, July 31st. The Goldman Sachs Group reiterated a "conviction-buy" rating and set a $370.00 price objective on shares of Amazon.com in a research note on Friday. Telsey Advisory Group reissued an "outperform" rating and set a $335.00 price target on shares of Amazon.com in a research report on Friday. Scotiabank decreased their price target on Amazon.com from $325.00 to $300.00 and set a "sector outperform" rating for the company in a report on Friday. Finally, DA Davidson set a $250.00 price objective on shares of Amazon.com and gave the company a "neutral" rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $320.86.

Key Amazon.com News

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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