Cambiar Investors LLC Has $54.73 Million Stock Position in Amazon.com, Inc. $AMZN

Key Points

• Cambiar Investors LLC trimmed its Amazon stake by 3.5% to 237,115 shares worth $54.73 million, making AMZN about 2.4% of Cambiar’s portfolio and its 9th largest holding.
• Insider selling was notable: CEOs Douglas Herrington and Andy Jassy sold 20,500 and 31,000 shares respectively under pre‑arranged Rule 10b5‑1 plans, and insiders have sold 124,186 shares (~$27.8M) in the past 90 days while owning 8.90% of the company.
• Institutional ownership is high at 72.20% with large recent buys from firms like Norges Bank, Nuveen and Goldman, and Wall Street consensus rates AMZN as a Moderate Buy with an average target of $289.21.

Cambiar Investors LLC decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 237,115 shares of the e-commerce giant's stock after selling 8,669 shares during the period. Amazon.com makes up about 2.4% of Cambiar Investors LLC's holdings, making the stock its 9th largest holding. Cambiar Investors LLC's holdings in Amazon.com were worth $54,731,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in AMZN. Norges Bank bought a new stake in Amazon.com during the second quarter valued at $27,438,011,000. Nuveen LLC bought a new stake in Amazon.com during the first quarter valued at $11,674,091,000. Laurel Wealth Advisors LLC boosted its stake in Amazon.com by 22,085.8% during the second quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant's stock valued at $2,671,634,000 after buying an additional 12,122,668 shares during the period. Goldman Sachs Group Inc. boosted its stake in Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock valued at $11,017,657,000 after buying an additional 10,176,835 shares during the period. Finally, Capital Research Global Investors boosted its stake in Amazon.com by 11.3% during the third quarter. Capital Research Global Investors now owns 94,284,962 shares of the e-commerce giant's stock valued at $20,702,362,000 after buying an additional 9,583,217 shares during the period. Institutional investors own 72.20% of the company's stock.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 20,500 shares of the business's stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $245.00, for a total transaction of $5,022,500.00. Following the transaction, the chief executive officer owned 499,861 shares in the company, valued at $122,465,945. The trade was a 3.94% decrease in their position. The sale was disclosed in a document filed 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, CEO Andrew R. Jassy sold 31,000 shares of the business's stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $255.00, for a total value of $7,905,000.00. Following the transaction, the chief executive officer owned 2,207,118 shares in the company, valued at approximately $562,815,090. This represents a 1.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 124,186 shares of company stock worth $27,826,739 in the last 90 days. 8.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

AMZN has been the subject of several research analyst reports. Barclays reissued a "buy" rating on shares of Amazon.com in a research note on Friday, April 17th. Benchmark reaffirmed a "buy" rating on shares of Amazon.com in a research note on Thursday, January 29th. Rosenblatt Securities reaffirmed a "buy" rating and set a $296.00 price target on shares of Amazon.com in a research note on Wednesday, April 15th. Truist Financial lifted their price target on Amazon.com from $280.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, April 17th. Finally, Wall Street Zen lowered Amazon.com from a "buy" rating to a "hold" rating in a research note on Saturday, January 10th. One investment analyst has rated the stock with a Strong Buy rating, fifty-four have assigned a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $289.21.

Amazon.com Trading Down 1.1%

NASDAQ AMZN opened at $261.02 on Tuesday. Amazon.com, Inc. has a 1-year low of $178.85 and a 1-year high of $264.50. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16. The stock has a 50-day moving average of $220.09 and a 200-day moving average of $226.53. The firm has a market cap of $2.81 trillion, a PE ratio of 36.40, a price-to-earnings-growth ratio of 1.97 and a beta of 1.38.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing analysts' consensus estimates of $1.97 by ($0.02). Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The company had revenue of $213.39 billion during the quarter, compared to the consensus estimate of $211.02 billion. During the same period last year, the firm posted $1.86 EPS. The company's revenue was up 13.6% on a year-over-year basis. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 7.74 EPS for the current year.

Amazon.com News Roundup

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

• Positive Sentiment: Amazon is scoring multiple AI infrastructure wins — expanding its Anthropic partnership, striking large deals to supply in‑house chips to Meta and scaling AWS AI revenue — reinforcing the view that AWS is reaccelerating growth and driving structural upside. Amazon-Anthropic: Generational AI Partnership
• Positive Sentiment: OpenAI’s move away from exclusive Microsoft access opens the door for Amazon to host more OpenAI workloads on AWS — a potential revenue driver for cloud and AI services. OpenAI ends Microsoft exclusivity
• Positive Sentiment: Amazon’s custom‑chip business is rapidly scaling (analysts compare its size to major chipmakers), creating a new high‑margin growth vector beyond retail and basic cloud compute. Amazon chip business growth
• Positive Sentiment: Content and monetization push — Wondery landed an exclusive multi‑year deal for Oprah’s podcast/video content, supporting Prime/ads revenue diversification. Amazon secures Oprah podcast rights
• Neutral Sentiment: Near‑term volatility risk as Amazon reports Q1 on Apr 29 and the Fed meets this week — options/implied vol suggest traders expect a sizable move around earnings. Options traders expect major move
• Neutral Sentiment: Market backdrop is mixed (rising oil, geopolitical headlines), which could mute broader tech momentum even as AI themes remain supportive. MarketToday: rally stalls
• Negative Sentiment: Rising capital expenditure expectations: commentary and analysis flag FY26 capex plans (~$200B) that could pressure near‑term margins and free cash flow even as they fund AI/cloud scale. Amazon Q1 capex story
• Negative Sentiment: Regulatory/legal risk — California unsealed evidence in a price‑fixing probe that could lead to enforcement action or reputational/legal costs. California price-fixing evidence
• Negative Sentiment: Large recent insider selling and aggressive institutional rebalancing (some big portfolio reductions reported) add to near‑term supply pressure and narrative risk for shares. QuiverQuant AMZN ownership and insider activity

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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