Aristotle Atlantic Partners LLC Sells 19,294 Shares of Amazon.com, Inc. $AMZN

Key Points

• Aristotle Atlantic Partners trimmed its Amazon stake by 4.3% in Q3, selling 19,294 shares and leaving 434,543 shares valued at about $95.4M (2.8% of its portfolio, the firm’s 9th largest holding).
• Company insiders have been net sellers recently — including Douglas Herrington (sold 6,835 shares at ~$205.82) and Andrew Jassy (sold 19,872 shares at ~$205.18) — with insiders offloading a total of 71,686 shares (~$14.7M) over the past 90 days.
• Recent results showed revenue of $213.39B (beat estimates) but EPS of $1.95 (missed by $0.02); Amazon has a market cap of $2.23T and a MarketBeat consensus rating of “Moderate Buy” with an average target of $286.93.

Aristotle Atlantic Partners LLC lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 4.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 434,543 shares of the e-commerce giant's stock after selling 19,294 shares during the quarter. Amazon.com accounts for 2.8% of Aristotle Atlantic Partners LLC's investment portfolio, making the stock its 9th largest position. Aristotle Atlantic Partners LLC's holdings in Amazon.com were worth $95,413,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Fairway Wealth LLC grew its position in shares of Amazon.com by 113.2% in the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant's stock valued at $25,000 after purchasing an additional 60 shares during the last quarter. Sellwood Investment Partners LLC purchased a new stake in Amazon.com in the 3rd quarter valued at approximately $27,000. Bridge Generations Wealth Management LLC grew its holdings in Amazon.com by 2,330.0% during the 3rd quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant's stock valued at $53,000 after buying an additional 233 shares during the last quarter. Cooksen Wealth LLC increased its position in Amazon.com by 23.5% during the second quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant's stock worth $54,000 after buying an additional 47 shares in the last quarter. Finally, PayPay Securities Corp increased its position in Amazon.com by 62.3% during the third quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant's stock worth $55,000 after buying an additional 96 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance

AMZN stock opened at $207.67 on Friday. The stock's 50 day moving average is $222.93 and its two-hundred day moving average is $226.69. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $258.60. The company has a market capitalization of $2.23 trillion, a PE ratio of 28.96, a P/E/G ratio of 1.56 and a beta of 1.40. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 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 business had revenue of $213.39 billion for the quarter, compared to analysts' expectations of $211.02 billion. During the same quarter last year, the company posted $1.86 earnings per share. The business's quarterly revenue was up 13.6% compared to the same quarter last year. Analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on AMZN shares. Rosenblatt Securities reduced their price objective on Amazon.com from $305.00 to $296.00 and set a "buy" rating on the stock in a research report on Friday, February 6th. BNP Paribas Exane assumed coverage on Amazon.com in a research report on Monday, November 24th. They issued an "outperform" rating for the company. Desjardins upped their price target on shares of Amazon.com to $218.00 in a research report on Monday, December 8th. Zacks Research downgraded Amazon.com from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 1st. Finally, Guggenheim restated a "buy" rating and set a $300.00 price target on shares of Amazon.com in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Amazon.com has a consensus rating of "Moderate Buy" and an average target price of $286.93.

Insider Activity

In other news, CEO Douglas J. Herrington sold 6,835 shares of the company's stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $205.82, for a total value of $1,406,779.70. Following the sale, the chief executive officer owned 522,361 shares in the company, valued at approximately $107,512,341.02. This represents a 1.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the company's stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $205.18, for a total transaction of $4,077,336.96. Following the completion of the sale, the chief executive officer owned 2,238,118 shares in the company, valued at approximately $459,217,051.24. This trade represents a 0.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 71,686 shares of company stock worth $14,688,739 over the last ninety days. Insiders own 9.70% of the company's stock.

Amazon.com News Roundup

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

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.

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.