Fernbridge Capital Management LP Has $191.75 Million Stake in Amazon.com, Inc. $AMZN

Key Points

• Fernbridge Capital Management boosted its Amazon stake by 63.7% in Q3 to 873,314 shares valued at $191.75 million, making AMZN about 9.3% of its portfolio and its fourth-largest holding.
• Amazon posted revenue of $213.39 billion (up 13.6%) and a slight EPS miss ($1.95 vs. $1.97); the stock has a $2.23 trillion market cap and a consensus analyst rating of "Moderate Buy" with an average target of $286.93.
• Key recent developments include an AWS–Cerebras partnership to accelerate AI inference and a paid "Ultra" Prime Video tier (near-term monetization), offset by a large debt offering to fund AI/capex and ongoing European legal/tax risks.

Fernbridge Capital Management LP lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 63.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 873,314 shares of the e-commerce giant's stock after purchasing an additional 339,903 shares during the period. Amazon.com accounts for about 9.3% of Fernbridge Capital Management LP's investment portfolio, making the stock its 4th biggest holding. Fernbridge Capital Management LP's holdings in Amazon.com were worth $191,754,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. Norges Bank bought a new stake in Amazon.com during the 2nd quarter valued at approximately $27,438,011,000. Nuveen LLC bought a new position in shares of Amazon.com in the 1st quarter worth approximately $11,674,091,000. Vanguard Group Inc. raised its position in shares of Amazon.com by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant's stock worth $186,420,422,000 after acquiring an additional 17,447,045 shares in the last quarter. Laurel Wealth Advisors LLC lifted its stake in shares of Amazon.com by 22,085.8% in the 2nd 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 purchasing an additional 12,122,668 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Amazon.com by 21.3% in the 1st 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 purchasing an additional 10,176,835 shares during the period. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Performance

AMZN stock opened at $207.67 on Friday. The stock's 50 day simple moving average is $222.93 and its 200 day simple moving average is $226.70. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60. The stock has a market capitalization of $2.23 trillion, a PE ratio of 28.96, a price-to-earnings-growth ratio of 1.57 and a beta of 1.40.

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 business had revenue of $213.39 billion during the quarter, compared to analysts' expectations 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 quarter in the prior year, the firm earned $1.86 EPS. As a group, research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 6,835 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.82, for a total transaction of $1,406,779.70. Following the transaction, the chief executive officer owned 522,361 shares in the company, valued at $107,512,341.02. This represents a 1.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Matthew S. Garman sold 17,751 shares of the firm's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.22, for a total transaction 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. This represents a 65.37% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 71,686 shares of company stock worth $14,688,739. 9.70% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on AMZN shares. The Goldman Sachs Group upped their price target on Amazon.com from $290.00 to $300.00 and gave the stock a "buy" rating in a research note on Wednesday, January 14th. Argus reissued a "buy" rating and set a $325.00 price objective on shares of Amazon.com in a research report on Friday, February 6th. Barclays restated a "buy" rating on shares of Amazon.com in a report on Friday, February 6th. Scotiabank reiterated an "outperform" rating and issued a $275.00 price target (down from $300.00) on shares of Amazon.com in a research note on Friday, February 6th. Finally, BNP Paribas Exane initiated coverage on shares of Amazon.com in a research note on Monday, November 24th. They set an "outperform" rating on the stock. One analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Amazon.com currently has an average rating of "Moderate Buy" and a consensus price target of $286.93.

Key Stories 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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