Amazon.com, Inc. $AMZN Stock Position Reduced by Westfield Capital Management Co. LP

Key Points

• Westfield Capital cut its Amazon stake by 18% in Q3, selling 558,723 shares and ending the quarter with 2,541,729 shares worth $558.09 million, about 2.3% of its portfolio and its seventh-largest holding.
• Other institutions were active too: Primecap boosted its position 42.1% to 10,713,238 shares (≈$2.35 billion), and institutional investors now own roughly 72.2% of Amazon stock.
• Insiders sold 71,686 shares (~$14.69M) last quarter — including a large reduction by CEO Matthew Garman — while analysts maintain a Moderate Buy consensus (average target $286.93) as Amazon pursues sizable bond/capex plans to fund AI expansion that could raise leverage and pressure free cash flow.

Westfield Capital Management Co. LP decreased its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 18.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,541,729 shares of the e-commerce giant's stock after selling 558,723 shares during the period. Amazon.com accounts for approximately 2.3% of Westfield Capital Management Co. LP's investment portfolio, making the stock its 7th largest position. Westfield Capital Management Co. LP's holdings in Amazon.com were worth $558,088,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Primecap Management Co. CA increased its position in shares of Amazon.com by 42.1% during the 3rd quarter. Primecap Management Co. CA now owns 10,713,238 shares of the e-commerce giant's stock worth $2,352,306,000 after purchasing an additional 3,172,900 shares during the last quarter. Cumberland Advisors Inc. lifted its position in Amazon.com by 2.1% in the third quarter. Cumberland Advisors Inc. now owns 9,880 shares of the e-commerce giant's stock valued at $2,169,000 after buying an additional 200 shares during the last quarter. Catalyst Financial Partners LLC boosted its stake in Amazon.com by 2.6% during the third quarter. Catalyst Financial Partners LLC now owns 55,020 shares of the e-commerce giant's stock worth $12,081,000 after buying an additional 1,382 shares during the period. RiverGlades Family Offices LLC increased its position in shares of Amazon.com by 1.5% during the third quarter. RiverGlades Family Offices LLC now owns 3,640 shares of the e-commerce giant's stock valued at $799,000 after acquiring an additional 55 shares during the last quarter. Finally, Hurley Capital LLC raised its stake in shares of Amazon.com by 23.9% in the 3rd quarter. Hurley Capital LLC now owns 10,303 shares of the e-commerce giant's stock valued at $2,262,000 after acquiring an additional 1,986 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

AMZN has been the topic of a number of research reports. Barclays restated a "buy" rating on shares of Amazon.com in a research note on Friday, February 6th. Daiwa Securities Group lowered their target price on Amazon.com from $300.00 to $280.00 and set a "buy" rating for the company in a report on Wednesday, February 11th. Piper Sandler reiterated an "overweight" rating and set a $260.00 price target (down from $300.00) on shares of Amazon.com in a research note on Friday, February 6th. Weiss Ratings reissued a "buy (b)" rating on shares of Amazon.com in a research note on Monday, December 29th. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a $300.00 price objective 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 issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Amazon.com presently has a consensus rating of "Moderate Buy" and an average price target of $286.93.

Insider Buying and Selling at Amazon.com

In related news, VP Shelley Reynolds sold 2,695 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.90, for a total value of $554,900.50. Following the transaction, the vice president owned 119,780 shares of the company's stock, valued at $24,662,702. This represents a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Matthew S. Garman sold 17,751 shares of the firm's stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total value of $3,642,860.22. Following the completion of the sale, 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 quarter, insiders sold 71,686 shares of company stock worth $14,688,739. 10.80% of the stock is currently owned by company insiders.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $214.33 on Wednesday. The business has a 50-day simple moving average of $224.09 and a 200-day simple moving average of $227.06. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60. The company has a market cap of $2.30 trillion, a PE ratio of 29.89, a P/E/G ratio of 1.60 and a beta of 1.40.

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

Trending Headlines about Amazon.com

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

• Positive Sentiment: Very strong demand for Amazon's jumbo bond sale — investors piled into the offering (orders reportedly around $126B), signaling confidence from fixed‑income buyers in Amazon's credit and its AI-capex plan. Demand for Amazon’s Bond Sale Is Off the Charts
• Positive Sentiment: Amazon is debuting in the euro bond market (seeking about €10B) and marketing a broader $37–$42B multi‑part bond program — the size and reception help fund its AI/data‑center expansion without equity dilution. Amazon Seeks €10 Billion From Debut Euro Bonds
• Positive Sentiment: Operational investments continue: Amazon plans a AU$750M robotics fulfillment center in Australia — a sign of continued logistics automation that can boost long‑term margin leverage. Amazon Bolsters AI Push With AU$750M Robotics Fulfillment Center
• Positive Sentiment: Product and platform AI rollouts: Amazon expanded its Health AI assistant to the website and app, increasing potential user engagement and monetization paths across Prime/AWS/Pharmacy. Amazon launches its healthcare AI assistant on its website and app
• Neutral Sentiment: Analyst support: Wolfe Research raised its price target on AMZN, reflecting bullish estimates on AWS and AI upside — a positive signal but not a direct operational catalyst. Wolfe Research Adjusts Price Target on Amazon.com
• Negative Sentiment: Operational risk: Amazon is investigating recent outages tied to AI‑assisted coding and held an engineering “deep dive” — execution missteps or repeated outages could dent sales and customer trust. Amazon plans 'deep dive' internal meeting to address AI-related outages
• Negative Sentiment: Funding vs. cashflow tradeoff: the massive bond/capex program (reports of up to ~$42B now and a multi‑year ~$200B capex plan) funds AI scale but raises leverage and pressures near‑term free cash flow; some investors see valuation and FCF risk. Amazon targeting $37–$42B bond sale
• Negative Sentiment: Geopolitical/data‑center risk: recent drone attacks on regional data centers and related coverage highlight physical and geopolitical risks to AWS infrastructure expansion. Iran’s attacks on Amazon data centers signal new risk

Amazon.com Profile

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.

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.