Amazon.com, Inc. $AMZN Stock Holdings Lessened by Lakehouse Capital Pty Ltd

Key Points

• Lakehouse Capital reduced its Amazon position by 13.1% in the third quarter, selling 3,748 shares and retaining 24,794 shares valued at $6.18 million. Institutional investors collectively own 72.2% of Amazon’s stock.
• Analysts remain broadly bullish, with 56 Buy ratings and three Holds, producing a consensus “Moderate Buy” rating and an average target price of $322.86. Goldman Sachs raised its target to $375.
• Amazon reported quarterly EPS of $5.75, beating the $1.82 consensus estimate, while revenue rose 19.6% year over year to $200.61 billion. Insiders sold 71,589 shares worth approximately $18.6 million over the past 90 days.

Lakehouse Capital Pty Ltd trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 13.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,794 shares of the e-commerce giant's stock after selling 3,748 shares during the period. Amazon.com comprises 4.9% of Lakehouse Capital Pty Ltd's portfolio, making the stock its 9th largest position. Lakehouse Capital Pty Ltd's holdings in Amazon.com were worth $6,177,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Silvant Capital Management LLC bought a new position in Amazon.com in the 2nd quarter worth $60,065,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Amazon.com in the 2nd quarter worth about $909,868,000. Northstar Financial Companies Inc. bought a new stake in shares of Amazon.com during the 2nd quarter valued at about $3,376,000. Gryphon Financial Partners LLC boosted its stake in shares of Amazon.com by 7.5% during the 1st quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant's stock valued at $15,221,000 after purchasing an additional 5,125 shares in the last quarter. Finally, First Citizens Bank & Trust Co. boosted its stake in shares of Amazon.com by 1.7% during the 1st quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant's stock valued at $63,285,000 after purchasing an additional 5,104 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on AMZN shares. Citigroup reissued a "market outperform" rating on shares of Amazon.com in a research note on Friday, August 14th. Susquehanna reaffirmed a "positive" rating on shares of Amazon.com in a research report on Tuesday, October 6th. The Goldman Sachs Group reiterated a "buy" rating and set a $375.00 target price (up from $335.00) on shares of Amazon.com in a report on Friday, July 31st. Robert W. Baird set a $310.00 target price on Amazon.com and gave the stock an "outperform" rating in a report on Friday, July 31st. Finally, Piper Sandler reissued an "overweight" rating and issued a $320.00 target price (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. Fifty-six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, Amazon.com has a consensus rating of "Moderate Buy" and a consensus target price of $322.86.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Andrew Jassy sold 20,000 shares of Amazon.com stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 2,235,766 shares of the company's stock, valued at approximately $579,085,751.66. The trade was a 0.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the company's stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the completion of the transaction, the senior vice president owned 41,190 shares in the company, valued at approximately $10,699,926.30. This represents a 18.35% 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 sold 71,589 shares of company stock worth $18,580,515 in the last 90 days. Insiders own 8.90% of the company's stock.

Amazon.com Stock Performance

NASDAQ AMZN opened at $262.43 on Monday. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $287.20. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. The stock's fifty day moving average price is $258.83 and its 200-day moving average price is $250.16. The stock has a market cap of $2.83 trillion, a P/E 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 quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $3.93. The firm had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. Amazon.com's quarterly revenue was up 19.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.68 EPS. As a group, equities analysts forecast that Amazon.com, Inc. will post 8.03 EPS for the current fiscal year.

Key Headlines Impacting 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.

Amazon.com 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.

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