Choreo LLC Has $86.06 Million Position in Amazon.com, Inc. $AMZN

Key Points

• Choreo LLC trimmed its Amazon stake by 2.9% to 370,101 shares valued at $86.06 million, making AMZN about 1.1% of its portfolio and the firm's 17th-largest holding; institutional investors own roughly 72.20% of the stock.
• Insider selling has been notable recently: CEO Andy Jassy sold 31,000 shares at $255 (~$7.9M) and insiders have sold 124,186 shares totaling about $27.8M over the last three months, though insiders still hold 8.90% of the company.
• Market and analyst outlook is constructive but mixed — AMZN trades near $261 with a $2.81T market cap and a consensus "Moderate Buy" price target of $289.21, supported by AWS/AI and chip growth but weighed by large FY26 capex plans (~$200B) and regulatory/legal risks.

Choreo LLC lowered its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 370,101 shares of the e-commerce giant's stock after selling 10,891 shares during the quarter. Amazon.com accounts for about 1.1% of Choreo LLC's portfolio, making the stock its 17th biggest position. Choreo LLC's holdings in Amazon.com were worth $86,062,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Dara Capital US Inc. acquired a new stake in shares of Amazon.com during the fourth quarter worth about $6,451,000. Aldebaran Financial Inc. acquired a new stake in shares of Amazon.com during the fourth quarter worth about $5,011,000. HF Advisory Group LLC raised its position in shares of Amazon.com by 22.0% during the fourth quarter. HF Advisory Group LLC now owns 20,284 shares of the e-commerce giant's stock worth $4,682,000 after purchasing an additional 3,654 shares during the period. Valley Brook Capital Group Inc. raised its position in shares of Amazon.com by 2.5% during the fourth quarter. Valley Brook Capital Group Inc. now owns 17,066 shares of the e-commerce giant's stock worth $3,939,000 after purchasing an additional 413 shares during the period. Finally, Fortune Financial Advisors LLC raised its position in Amazon.com by 1.8% in the 4th quarter. Fortune Financial Advisors LLC now owns 12,702 shares of the e-commerce giant's stock valued at $2,932,000 after buying an additional 219 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Down 1.1%

NASDAQ:AMZN opened at $261.02 on Tuesday. The firm has a market capitalization of $2.81 trillion, a price-to-earnings ratio of 36.40, a price-to-earnings-growth ratio of 1.97 and a beta of 1.38. Amazon.com, Inc. has a twelve month low of $178.85 and a twelve month high of $264.50. The stock's 50 day moving average price is $220.09 and its two-hundred day moving average price is $226.53. 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 results 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 company had revenue of $213.39 billion for the quarter, compared to analyst estimates of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The firm's revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period last year, the firm earned $1.86 EPS. Equities research analysts expect that Amazon.com, Inc. will post 7.74 earnings per share for the current fiscal year.

Insider Activity

In other Amazon.com news, VP Shelley Reynolds sold 2,695 shares of the business's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.90, for a total transaction of $554,900.50. Following the transaction, the vice president owned 119,780 shares of the company's stock, valued at $24,662,702. The trade was a 2.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Andrew R. Jassy sold 31,000 shares of the business's stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $255.00, for a total value of $7,905,000.00. Following the transaction, the chief executive officer directly owned 2,207,118 shares in the company, valued at $562,815,090. This trade 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. Over the last three months, insiders have sold 124,186 shares of company stock worth $27,826,739. Corporate insiders own 8.90% of the company's stock.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on AMZN. Telsey Advisory Group reissued an "outperform" rating and issued a $300.00 target price on shares of Amazon.com in a research report on Friday, February 6th. TD Securities raised Amazon.com to a "buy" rating in a research report on Monday, April 13th. Tigress Financial lifted their target price on Amazon.com from $305.00 to $315.00 and gave the company a "buy" rating in a research report on Wednesday, March 25th. Jefferies Financial Group reissued a "buy" rating on shares of Amazon.com in a research report on Friday. Finally, Royal Bank Of Canada reissued a "buy" rating on shares of Amazon.com in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $289.21.

About Amazon.com

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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