Banco Bilbao Vizcaya Argentaria S.A. Grows Position in Amazon.com, Inc. $AMZN

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. increased its Amazon stake by 12.8% in Q3, buying 150,239 shares to hold 1,326,563 shares worth $291.1 million (about 2.2% of its portfolio and its 7th-largest holding).
• Wall Street is broadly constructive: analysts' consensus is a Moderate Buy with a $286.93 average price target and several firms raising targets (examples include Wolfe to $255, Stifel $300, UBS $311, Argus $325).
• Ownership signals are mixed — institutional investors hold 72.2% of the stock, while insiders have sold 71,686 shares (about $14.7 million) in the past three months.

Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 12.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,326,563 shares of the e-commerce giant's stock after buying an additional 150,239 shares during the period. Amazon.com accounts for about 2.2% of Banco Bilbao Vizcaya Argentaria S.A.'s portfolio, making the stock its 7th biggest holding. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Amazon.com were worth $291,074,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of Amazon.com by 2.1% in 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 during the last quarter. State Street Corp raised its position in shares of Amazon.com by 1.4% in the second quarter. State Street Corp now owns 374,097,285 shares of the e-commerce giant's stock valued at $82,073,203,000 after purchasing an additional 5,163,208 shares during the period. Geode Capital Management LLC lifted its stake in shares of Amazon.com by 1.7% during the 2nd quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant's stock worth $47,332,625,000 after buying an additional 3,721,658 shares during the last quarter. Norges Bank bought a new stake in shares of Amazon.com during the 2nd quarter worth about $27,438,011,000. Finally, Northern Trust Corp boosted its holdings 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 buying an additional 302,858 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AMZN has been the topic of several research analyst reports. Wolfe Research increased their price target on shares of Amazon.com from $250.00 to $255.00 and gave the company an "outperform" rating in a report on Tuesday, March 10th. Stifel Nicolaus set a $300.00 price objective on Amazon.com and gave the stock a "buy" rating in a report on Tuesday, January 27th. UBS Group set a $311.00 target price on Amazon.com in a research note on Tuesday, February 3rd. Scotiabank reissued an "outperform" rating and set a $275.00 price target (down from $300.00) on shares of Amazon.com in a report on Friday, February 6th. Finally, Argus restated a "buy" rating and issued a $325.00 price target on shares of Amazon.com in a research note on Friday, February 6th. One 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.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $286.93.

Insider Transactions at Amazon.com

In related news, CEO Douglas J. Herrington sold 1,000 shares of Amazon.com stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $204.25, for a total value of $204,250.00. Following the transaction, the chief executive officer directly owned 521,361 shares of the company's stock, valued at $106,487,984.25. The trade was a 0.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Matthew S. Garman sold 17,751 shares of the company's stock in a transaction that occurred 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 $1,930,094.10. The trade was a 65.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 71,686 shares of company stock worth $14,688,739. 9.70% of the stock is currently owned by insiders.

Amazon.com Price Performance

AMZN stock opened at $207.67 on Friday. The company has a market capitalization of $2.23 trillion, a P/E ratio of 28.96, a PEG ratio of 1.56 and a beta of 1.40. The company has a fifty day moving average price of $222.93 and a 200-day moving average price of $226.69. 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 52-week low of $161.38 and a 52-week high of $258.60.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data 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). The business had revenue of $213.39 billion during the quarter, compared to the consensus estimate of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The business's revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.86 EPS. As a group, equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Key Headlines Impacting 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

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.

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