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C WorldWide Group Holding A S Sells 253,962 Shares of Amazon.com, Inc. $AMZN

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C WorldWide Group Holding A S cut its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 19.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,053,605 shares of the e-commerce giant's stock after selling 253,962 shares during the period. Amazon.com makes up approximately 6.2% of C WorldWide Group Holding A S's investment portfolio, making the stock its 5th largest holding. C WorldWide Group Holding A S's holdings in Amazon.com were worth $251,116,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AMZN. Pinnacle Wealth Management Advisory Group LLC raised its holdings in shares of Amazon.com by 16.3% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 92,464 shares of the e-commerce giant's stock worth $21,038,000 after acquiring an additional 12,981 shares during the period. NorthRock Partners LLC boosted its stake in Amazon.com by 1.5% in the 2nd quarter. NorthRock Partners LLC now owns 131,565 shares of the e-commerce giant's stock worth $31,357,000 after purchasing an additional 1,884 shares during the period. Integrated Wealth Concepts LLC increased its holdings in Amazon.com by 18.2% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 622,392 shares of the e-commerce giant's stock worth $141,885,000 after purchasing an additional 95,821 shares in the last quarter. Community Bank N.A. raised its stake in shares of Amazon.com by 1.9% in the 2nd quarter. Community Bank N.A. now owns 48,130 shares of the e-commerce giant's stock valued at $11,471,000 after purchasing an additional 887 shares during the period. Finally, NewEdge Advisors LLC raised its stake in shares of Amazon.com by 3.8% in the 2nd quarter. NewEdge Advisors LLC now owns 2,181,828 shares of the e-commerce giant's stock valued at $517,620,000 after purchasing an additional 79,751 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Amazon.com

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

  • Positive Sentiment: Analysts remain broadly bullish on Amazon, citing accelerating AWS growth, expanding AI-services revenue and potential upside from advertising, logistics and other businesses. One report noted that 58 analysts cover the stock without a sell rating. 58 Analysts, Zero Sells: Amazon’s Price Target Is a Rare Consensus
  • Positive Sentiment: Amazon launched three higher-priced Alexa-branded tablets running Android with Google Play access, positioning the devices against Apple and Samsung while expanding Alexa+ and AI monetization opportunities. Amazon launches first Android tablets, raising prices and incorporating Alexa
  • Positive Sentiment: Amazon’s AWS pricing team is using an AI chatbot to automate complex customer-deal analysis, illustrating how the company is applying AI internally to improve productivity and potentially margins. AWS pricing team turns Excel model into an AI chatbot
  • Neutral Sentiment: Amazon is adding two China-to-U.S. air-freight services, which could improve inventory replenishment and peak-season execution, although the financial impact was not disclosed. Amazon launches two new China-to-U.S. air freight options
  • Negative Sentiment: Investors are concerned that planned 2026 capital spending of roughly $220 billion on AI infrastructure could push free cash flow further negative before the investments generate sufficient returns. Rising Treasury yields and oil prices are also pressuring technology valuations. Amazon stock hits rare valuation lows
  • Negative Sentiment: Amazon confirmed another round of reductions affecting fewer than 1,000 employees, primarily in its Stores division. The cuts may support efficiency but also signal restructuring pressure in the core e-commerce business. Amazon makes fresh job cuts, mainly in retail division
  • Negative Sentiment: Amazon is blocking external AI shopping agents such as Meta’s Muse from accessing its marketplace. Critics argue the policy could encourage startups to develop competing shopping platforms and weaken Amazon’s role in agent-driven commerce. Why Amazon is making a big AI mistake
  • Negative Sentiment: An FTC lawsuit alleges Amazon overcharged advertisers by more than $20 billion, adding regulatory and potential financial risks to the company’s advertising business.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 1,000 shares of the company's stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $251.50, for a total value of $251,500.00. Following the sale, the chief executive officer owned 474,681 shares in the company, valued at $119,382,271.50. This represents a 0.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,343 shares of the firm's stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $606,860.43. Following the completion of the sale, the vice president directly owned 119,780 shares of the company's stock, valued at approximately $31,024,217.80. The trade was a 1.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 71,589 shares of company stock worth $18,580,515 in the last three months. Insiders own 8.90% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Wedbush upped their price objective on Amazon.com from $293.00 to $310.00 and gave the stock an "outperform" rating in a research report on Friday, July 31st. Evercore set a $355.00 target price on Amazon.com and gave the company an "outperform" rating in a research note on Friday, August 28th. Zacks Research downgraded Amazon.com from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 14th. Oppenheimer reiterated an "outperform" rating on shares of Amazon.com in a report on Friday, July 31st. Finally, Wolfe Research reissued an "outperform" rating and issued a $315.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. Fifty-six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Amazon.com presently has an average rating of "Moderate Buy" and an average target price of $322.86.

Check Out Our Latest Research Report on AMZN

Amazon.com Price Performance

NASDAQ:AMZN opened at $254.06 on Friday. The stock has a market capitalization of $2.74 trillion, a PE ratio of 20.44, a P/E/G ratio of 2.01 and a beta of 1.45. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. The firm has a fifty day simple moving average of $259.01 and a 200 day simple moving average of $249.79. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $287.20.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating analysts' consensus estimates of $1.82 by $3.93. The company had revenue of $200.61 billion during the quarter, compared to the consensus estimate of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company's quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.68 EPS. On average, research analysts expect that Amazon.com, Inc. will post 8.03 EPS for the current fiscal year.

About Amazon.com

(Free Report)

Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.

Amazon's major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.

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Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN - Free Report).

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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.

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