Avala Global LP Sells 139,700 Shares of Amazon.com, Inc. $AMZN

Key Points

• Avala Global LP sold 139,700 shares, cutting its Amazon stake by 21% to 526,100 shares worth $115.52 million, making AMZN 4.8% of the fund and its 8th largest holding.
• Company insiders have been selling recently — including CEO Matthew S. Garman (17,751 shares) — with insiders offloading 71,686 shares (~$14.69 million) in the last quarter; insiders now own 10.8% of Amazon.
• Wall Street remains broadly constructive: Amazon carries an average analyst rating of "Moderate Buy" with an average target of $286.93, while the stock trades near $207.67 with a market cap around $2.23 trillion and a P/E of ~29.

Avala Global LP reduced its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 21.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 526,100 shares of the e-commerce giant's stock after selling 139,700 shares during the quarter. Amazon.com makes up 4.8% of Avala Global LP's investment portfolio, making the stock its 8th largest position. Avala Global LP's holdings in Amazon.com were worth $115,516,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AMZN. IMPACTfolio LLC raised its position in shares of Amazon.com by 3.8% during the 3rd quarter. IMPACTfolio LLC now owns 1,225 shares of the e-commerce giant's stock worth $269,000 after purchasing an additional 45 shares during the last quarter. Cadence Wealth Management LLC grew its holdings in Amazon.com by 3.5% during the 3rd quarter. Cadence Wealth Management LLC now owns 1,328 shares of the e-commerce giant's stock valued at $292,000 after buying an additional 45 shares during the last quarter. Union Savings Bank grew its holdings in Amazon.com by 0.4% during the 2nd quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant's stock valued at $2,510,000 after buying an additional 45 shares during the last quarter. Doheny Asset Management CA grew its holdings in Amazon.com by 0.3% during the 2nd quarter. Doheny Asset Management CA now owns 17,821 shares of the e-commerce giant's stock valued at $3,910,000 after buying an additional 45 shares during the last quarter. Finally, Banco de Sabadell S.A increased its position in Amazon.com by 0.3% during the second quarter. Banco de Sabadell S.A now owns 13,409 shares of the e-commerce giant's stock worth $2,946,000 after buying an additional 46 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on AMZN shares. Roth Mkm reissued a "buy" rating and issued a $295.00 price target (up from $270.00) on shares of Amazon.com in a report on Monday, January 26th. Oppenheimer set a $260.00 price objective on Amazon.com and gave the stock an "outperform" rating in a research report on Friday, February 6th. Piper Sandler reissued an "overweight" rating and issued a $260.00 target price (down from $300.00) on shares of Amazon.com in a research note on Friday, February 6th. BMO Capital Markets restated an "outperform" rating and issued a $310.00 target price (up from $304.00) on shares of Amazon.com in a report on Tuesday, February 3rd. Finally, President Capital decreased their price target on shares of Amazon.com from $320.00 to $296.00 and set a "buy" rating on the stock in a research note on Tuesday, February 10th. One 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 company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $286.93.

Amazon.com Stock Down 0.9%

Shares of NASDAQ:AMZN opened at $207.67 on Monday. The stock's 50-day moving average price is $222.93 and its two-hundred day moving average price is $226.67. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60. The firm 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.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly 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 during the quarter, compared to analysts' expectations of $211.02 billion. During the same quarter last year, the firm earned $1.86 EPS. The firm's quarterly revenue was up 13.6% compared to the same quarter last year. On average, research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 17,751 shares of Amazon.com 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 transaction, the chief executive officer owned 9,405 shares in the company, valued at $1,930,094.10. This trade represents a 65.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Douglas J. Herrington sold 1,000 shares of Amazon.com stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $204.25, for a total value of $204,250.00. Following the completion of the transaction, the chief executive officer owned 521,361 shares in the company, valued at $106,487,984.25. The trade was a 0.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 71,686 shares of company stock valued at $14,688,739 in the last quarter. Insiders own 10.80% 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

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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