Avanza Fonder AB Lowers Stock Position in Amazon.com, Inc. $AMZN

Key Points

• Avanza Fonder AB cut its stake in Amazon by 20% in Q4, selling 184,292 shares and leaving it with 737,741 shares worth about $170.3 million (roughly 4.4% of the firm's holdings and Amazon's 4th largest position for the fund).
• Notable insider selling: two senior executives (Douglas J. Herrington and Matthew S. Garman) sold shares on Feb. 23, and insiders have sold 71,686 shares worth about $14.7 million over the last three months, while corporate insiders still own 9.7% of the stock.
• Analyst and market outlook is mixed: several firms raised targets and cited surging AWS AI demand and robotics/automation upside, but concerns remain about heavy AI capex, executive departures in the chip team, and broader macro/market risks.

Avanza Fonder AB decreased its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 20.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 737,741 shares of the e-commerce giant's stock after selling 184,292 shares during the quarter. Amazon.com accounts for approximately 4.4% of Avanza Fonder AB's holdings, making the stock its 4th biggest holding. Avanza Fonder AB's holdings in Amazon.com were worth $170,285,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Union Savings Bank increased its holdings in Amazon.com by 0.4% in the 2nd quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant's stock worth $2,510,000 after acquiring an additional 45 shares in the last quarter. Doheny Asset Management CA lifted its holdings in Amazon.com by 0.3% during the second quarter. Doheny Asset Management CA now owns 17,821 shares of the e-commerce giant's stock valued at $3,910,000 after purchasing an additional 45 shares in the last quarter. IMPACTfolio LLC lifted its holdings in Amazon.com by 3.8% during the third quarter. IMPACTfolio LLC now owns 1,225 shares of the e-commerce giant's stock valued at $269,000 after purchasing an additional 45 shares in the last quarter. Cadence Wealth Management LLC boosted its position in shares of Amazon.com by 3.5% in the third quarter. Cadence Wealth Management LLC now owns 1,328 shares of the e-commerce giant's stock worth $292,000 after purchasing an additional 45 shares during the period. Finally, Banco de Sabadell S.A increased its stake in shares of Amazon.com by 0.3% in 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 purchasing an additional 46 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 6,835 shares of the business's stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.82, for a total transaction of $1,406,779.70. Following the transaction, the chief executive officer owned 522,361 shares in the company, valued at $107,512,341.02. The trade was a 1.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Matthew S. Garman sold 17,751 shares of the stock in a transaction 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 in the company, valued at approximately $1,930,094.10. This represents a 65.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 71,686 shares of company stock valued at $14,688,739 over the last three months. Corporate insiders own 9.70% of the company's stock.

More Amazon.com News

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

• Positive Sentiment: AWS AI demand and bank price‑target lifts — Citi and JPMorgan raised price targets and highlighted surging demand for AWS AI capacity, which supports Amazon’s high-margin cloud growth thesis. As Demand for AWS’ AI Surges, Citi and JPMorgan Raise Amazon Price Targets
• Positive Sentiment: Bull case from sell‑side: Bernstein and other analysts point to Amazon as an AI/cloud winner alongside Nvidia, reinforcing longer‑term AI revenue upside for AWS and custom silicon. Bernstein Says Qualcomm Isn’t an AI Winner...
• Positive Sentiment: Robotics/automation expansion — Amazon’s acquisition of Fauna Robotics (humanoid/consumer robotics) and continued investment in delivery/warehouse automation support cost savings and longer‑term efficiency gains for logistics. Deal Dispatch: Amazon Acquires Fauna Robotics
• Neutral Sentiment: Analyst upgrades and mixed estimates — Several analysts and firms have reiterated buy ratings or nudged targets higher (including JPMorgan, Citigroup, Tigress), while small estimate tweaks from the likes of Erste show modest model revisions rather than a major shift. Amazon.com Stock Price Expected to Rise, Tigress Financial Analyst Says
• Neutral Sentiment: Prime/fulfillment pilots could broaden reach — Tests that let merchants offer Prime shipping externally (multi‑channel fulfillment) may expand Prime’s ecosystem, but benefits will be gradual. Amazon testing Prime benefits on third‑party sites
• Negative Sentiment: Executive departures at Annapurna Labs / Trainium chip team — Reports of a senior AI‑chip product leader leaving (a second notable exit in months) raise execution and timeline concerns for Amazon’s custom silicon initiatives. Amazon AI chip product leader leaves Annapurna Labs faces second executive exit
• Negative Sentiment: Macro and market risk — Rising crude oil and Middle East uncertainty have dragged markets lower and hit tech stocks broadly this week, amplifying downside pressure on AMZN despite company‑specific positives. US Equity Markets End Lower After Crude Oil Climbs Tech stocks suffer worst week in nearly a year
• Negative Sentiment: AI capex / credit concerns — Coverage highlighting a large AI‑related debt build and investor unease about heavy AI capex can pressure sentiment while Amazon invests aggressively in GPUs, data centers, and custom chips. AI debt tsunami and JPMorgan risk tools
• Negative Sentiment: Sentiment risks from capex/guidance and insider sales — Articles flag higher capex guidance as a near‑term headwind, and visible insider selling activity can add to short‑term downside pressure. Key Risks To Watch Insider selling and market impact data

Analyst Upgrades and Downgrades

Several analysts have recently commented on AMZN shares. Rosenblatt Securities decreased their price objective on shares of Amazon.com from $305.00 to $296.00 and set a "buy" rating on the stock in a research report on Friday, February 6th. Tigress Financial increased their price target on Amazon.com from $305.00 to $315.00 and gave the stock a "buy" rating in a research note on Wednesday. Arete Research raised their price target on Amazon.com from $283.00 to $285.00 and gave the company a "buy" rating in a report on Wednesday, February 11th. President Capital lowered their price objective on Amazon.com from $320.00 to $296.00 and set a "buy" rating on the stock in a research report on Tuesday, February 10th. Finally, Wells Fargo & Company set a $304.00 price objective on Amazon.com and gave the stock an "overweight" rating in a research note on Monday, February 23rd. One research 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's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $286.66.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN opened at $199.34 on Friday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The stock has a market capitalization of $2.14 trillion, a P/E ratio of 27.80, a PEG ratio of 1.49 and a beta of 1.40. The firm has a fifty day simple moving average of $216.42 and a two-hundred day simple moving average of $225.11. 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 posted its quarterly earnings data 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). The company had revenue of $213.39 billion during the quarter, compared to the consensus estimate of $211.02 billion. Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. Amazon.com's revenue for the quarter was up 13.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.86 earnings per share. On average, analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Amazon.com Company 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.

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