Border to Coast Pensions Partnership Ltd Lowers Stock Position in Amazon.com, Inc. $AMZN

Key Points

• Border to Coast trimmed its stake in Amazon by 19.7% in Q4, selling 236,176 shares and now owning 965,647 shares worth about $223.3M, roughly 3.9% of its holdings and the firm’s sixth-largest position.
• Amazon delivered a strong Q1 beat — $2.78 EPS vs. $1.63 expected and $181.52B revenue (+16.6% YoY) — driven by AWS strength and sparking multiple analyst price-target hikes (consensus: Moderate Buy, $310.25 target).
• Despite the beat, insiders sold material stock (128,035 shares valued at about $28.8M last quarter) and management flagged rising AI capex and chip costs, creating near-term cash‑burn concerns and mixed market reactions.

Border to Coast Pensions Partnership Ltd decreased its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 19.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 965,647 shares of the e-commerce giant's stock after selling 236,176 shares during the period. Amazon.com accounts for about 3.9% of Border to Coast Pensions Partnership Ltd's holdings, making the stock its 6th biggest position. Border to Coast Pensions Partnership Ltd's holdings in Amazon.com were worth $223,297,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Lifelong Wealth Advisors Inc. raised its position in Amazon.com by 2.4% in the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant's stock worth $402,000 after acquiring an additional 41 shares during the period. Financial Connections Group Inc. raised its position in shares of Amazon.com by 2.6% in the fourth quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant's stock valued at $376,000 after purchasing an additional 42 shares during the period. Marquette Asset Management LLC raised its position in shares of Amazon.com by 5.1% in the fourth quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant's stock valued at $205,000 after purchasing an additional 43 shares during the period. Western Financial Corp CA raised its position in shares of Amazon.com by 1.5% in the fourth quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant's stock valued at $710,000 after purchasing an additional 44 shares during the period. Finally, Cadence Wealth Management LLC raised 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 valued at $292,000 after purchasing an additional 45 shares during the period. Institutional investors own 72.20% of the company's stock.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $268.38 on Friday. The company has a 50 day moving average of $223.63 and a 200 day moving average of $227.40. The stock has a market cap of $2.89 trillion, a P/E ratio of 32.10, a P/E/G ratio of 2.01 and a beta of 1.46. Amazon.com, Inc. has a 12 month low of $183.85 and a 12 month high of $273.88. The company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.27.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, beating the consensus estimate of $1.63 by $1.15. The company had revenue of $181.52 billion during the quarter, compared to analysts' expectations of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. Amazon.com's revenue for the quarter was up 16.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.59 earnings per share. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 7.71 EPS for the current fiscal year.

Insider Activity at Amazon.com

In related news, CEO Matthew S. Garman sold 17,751 shares of the business'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 transaction of $3,642,860.22. Following the completion of the transaction, the chief executive officer owned 9,405 shares of the company's stock, valued at approximately $1,930,094.10. The trade was a 65.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David Zapolsky sold 10,649 shares of the business's stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the transaction, the senior vice president directly owned 41,190 shares of the company's stock, valued at approximately $8,461,661.70. This represents a 20.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 128,035 shares of company stock valued at $28,827,479 in the last quarter. 8.90% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

AMZN has been the topic of several research reports. Citizens Jmp reissued a "market outperform" rating and issued a $315.00 price target on shares of Amazon.com in a research report on Friday, April 10th. Roth Mkm boosted their price target on shares of Amazon.com from $285.00 to $300.00 and gave the company a "buy" rating in a research report on Thursday. President Capital lowered 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 report on Tuesday, February 10th. Wolfe Research reissued an "outperform" rating and issued a $320.00 price target (up from $245.00) on shares of Amazon.com in a research report on Thursday. Finally, Pivotal Research reissued a "buy" rating and issued a $320.00 price target (up from $300.00) on shares of Amazon.com in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, fifty-five have issued a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $310.25.

Amazon.com News Summary

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

• Positive Sentiment: Q1 beat: Amazon reported a double‑beat on revenue and EPS, with AWS reaccelerating (large YoY cloud growth and record margins) — this is the core bullish driver for the rally. Amazon Q1 2026 earnings results beat EPS and revenue expectations
• Positive Sentiment: Pentagon AI deals: The U.S. DoD signed agreements that include Amazon Web Services to run AI tools on classified networks — a strategic endorsement for AWS as a secure enterprise AI supplier. Pentagon signs new military AI deals with Nvidia, Microsoft and Amazon
• Positive Sentiment: Analyst upgrades and target hikes: Dozens of firms raised price targets (Morgan Stanley, JPMorgan, Canaccord, Bank of America, etc.), with several new $300+ targets — supporting bullish sentiment and pushing buy ratings. Cluster of price‑target raises and buy ratings for AMZN
• Positive Sentiment: Trainium / in‑house chips: Amazon’s Trainium business shows meaningful revenue commitments and a path to become a standalone AI‑hardware revenue stream, which repositions AMZN as a “picks‑and‑shovels” AI supplier. How the Trainium chip business could move the needle for Amazon
• Neutral Sentiment: Partnerships and product rollout: AWS expanded Bedrock/OpenAI integrations and new agentic AI tools (Rufus, Quick, Connect apps), which add long‑term optionality but will require execution. AWS, OpenAI partner to integrate frontier models into Bedrock
• Negative Sentiment: CapEx and chip costs: Management flagged rising memory/chip prices and a large AI capex program that is eating into free cash flow; Goldman and others warned the hyperscaler spending binge increases near‑term cash burn risk. Jassy: soaring chip prices could pressure Amazon's capex
• Negative Sentiment: Market reaction nuance: Despite the beat, some investors sold on the size/timing of AI investments and softer near‑term guidance, which previously produced intraday dips after earnings. Why AMZN dipped after strong Q1 — capex concerns

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.

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.