American Trust Investment Advisors LLC Boosts Stock Position in Amazon.com, Inc. $AMZN

Key Points

• American Trust Investment Advisors LLC increased its Amazon stake by 1,193.3% in Q3, buying 18,973 shares to hold 20,563 shares worth $4.515 million (about 2.3% of its portfolio and its 17th largest position).
• Company insiders have been selling recently — SVP David Zapolsky and CEO Matthew S. Garman executed notable sales — and insiders sold 71,686 shares worth roughly $14.69 million in the last 90 days, leaving insiders with 9.70% ownership.
• Major institutions (e.g., Vanguard, State Street, Geode) have also increased holdings so that institutions own 72.2% of AMZN, while analysts carry a consensus "Moderate Buy" rating with an average target of $286.93.

American Trust Investment Advisors LLC lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1,193.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,563 shares of the e-commerce giant's stock after buying an additional 18,973 shares during the quarter. Amazon.com makes up approximately 2.3% of American Trust Investment Advisors LLC's investment portfolio, making the stock its 17th largest position. American Trust Investment Advisors LLC's holdings in Amazon.com were worth $4,515,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Amazon.com by 2.1% during the second quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant's stock valued at $186,420,422,000 after purchasing an additional 17,447,045 shares in the last quarter. State Street Corp increased its stake in shares of Amazon.com by 1.4% during the second quarter. State Street Corp now owns 374,097,285 shares of the e-commerce giant's stock worth $82,073,203,000 after purchasing an additional 5,163,208 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Amazon.com by 1.7% during the second quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant's stock worth $47,332,625,000 after purchasing an additional 3,721,658 shares in the last quarter. Norges Bank acquired a new position in shares of Amazon.com during the 2nd quarter worth about $27,438,011,000. Finally, Northern Trust Corp raised its position in shares of Amazon.com by 0.3% during the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant's stock worth $18,527,354,000 after purchasing an additional 302,858 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Activity

In related news, SVP David Zapolsky sold 10,649 shares of the company's stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total value of $2,187,624.07. Following the completion of the sale, the senior vice president owned 41,190 shares of the company's stock, valued at approximately $8,461,661.70. This represents a 20.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Matthew S. Garman sold 17,751 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the completion of the sale, the chief executive officer directly owned 9,405 shares of the company's stock, valued at approximately $1,930,094.10. This trade represents a 65.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 71,686 shares of company stock worth $14,688,739. Insiders own 9.70% of the company's stock.

Trending Headlines about Amazon.com

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

• Positive Sentiment: AWS partners with Cerebras to speed AI inference, which could improve Bedrock performance, lower customer costs and help AWS compete vs. Nvidia — a potential long‑term revenue/margin positive for Amazon’s cloud business. Cerebras Systems, Amazon strike deal to offer Cerebras AI chips on Amazon's cloud
• Positive Sentiment: Amazon splits out a paid "Ultra" Prime Video tier and hikes the ad‑free price — a direct, near‑term revenue boost from higher subscription ARPU that supports monetization of Prime streaming. Amazon to hike price of ad-free Prime Video tier by $2 a month
• Positive Sentiment: Luxembourg court vacated a record €746M privacy fine and ordered a reassessment, removing a large regulatory overhang for Amazon in Europe. Win for Amazon as Luxembourg court scraps record $854 million privacy fine
• Positive Sentiment: Wall Street remains constructive: analysts have reiterated buys and some raised price targets (e.g., Wolfe/Evercore), which can support the stock amid the pullback narrative. Amazon Is Rising While the Market Falls—Here’s Why
• Neutral Sentiment: Amazon is reportedly moving Prime Day earlier to late June — timing and promotional cadence can affect quarterly sales mix but is not a clear positive/negative until details and vendor economics are known. Amazon plans to move Prime Day event to June from July, Bloomberg News reports
• Negative Sentiment: Amazon closed a massive multi‑tranche corporate debt offering to fund its AI/capex push — strong demand reported ~4: 1 bids eases short‑term funding risk but the large debt target and $200B+ capex plan keep investor concerns about near‑term returns and balance‑sheet risk elevated. Amazon Completes Massive Multi-Tranche Corporate Debt Offering
• Negative Sentiment: Legal/tax risk persists: Milan prosecutors have sought trial for Amazon's European unit and four execs over alleged €1.2B tax evasion — an ongoing legal exposure that could concern investors. Exclusive: Italian prosecutors seek trial for Amazon, four execs over alleged $1.4 bln tax evasion

Wall Street Analysts Forecast Growth

AMZN has been the topic of several research analyst reports. Royal Bank Of Canada reiterated an "outperform" rating and issued a $300.00 price objective on shares of Amazon.com in a report on Friday, February 6th. Telsey Advisory Group reissued an "outperform" rating and set a $300.00 target price on shares of Amazon.com in a report on Friday, February 6th. Truist Financial lowered their price target on Amazon.com from $290.00 to $280.00 and set a "buy" rating on the stock in a research note on Friday, February 6th. New Street Research dropped their price target on Amazon.com from $350.00 to $285.00 and set a "buy" rating for the company in a research report on Thursday, February 12th. Finally, Benchmark reissued a "buy" rating on shares of Amazon.com in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, Amazon.com has a consensus rating of "Moderate Buy" and an average target price of $286.93.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $207.67 on Friday. The business's 50 day moving average price is $222.93 and its 200 day moving average price is $226.69. The company has a market cap of $2.23 trillion, a price-to-earnings ratio of 28.96, a PEG ratio of 1.56 and a beta of 1.40. 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.

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 (EPS) 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 company had revenue of $213.39 billion during the quarter, compared to analysts' expectations of $211.02 billion. During the same quarter in the previous year, the company earned $1.86 earnings per share. The firm's quarterly revenue was up 13.6% compared to the same quarter last year. On average, research analysts predict 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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