Korea Investment CORP Has $1.61 Billion Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• Korea Investment CORP trimmed its Amazon stake by 1.9% to 7,314,617 shares — about $1.61 billion (0.07% of the company), making AMZN its fourth-largest holding.
• Analyst consensus is a Moderate Buy with a $286.93 target; Amazon posted revenue up 13.6% to $213.39B and a slight EPS miss ($1.95 vs. $1.97), while shares trade near $209.53 (market cap ≈ $2.25T).
• Recent catalysts include AWS/AI investments, an earlier Prime Day and a Zoox–Uber deal, but Amazon also faces regulatory and operational risks (Italian tax probe, retail outages/AI errors) and meaningful insider selling (~71,686 shares, ~$14.7M over three months).

Korea Investment CORP lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,314,617 shares of the e-commerce giant's stock after selling 140,186 shares during the quarter. Amazon.com makes up approximately 3.3% of Korea Investment CORP's holdings, making the stock its 4th biggest holding. Korea Investment CORP owned about 0.07% of Amazon.com worth $1,606,070,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Fairway Wealth LLC lifted its holdings in Amazon.com by 113.2% during the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant's stock worth $25,000 after buying an additional 60 shares during the last quarter. Sellwood Investment Partners LLC bought a new stake in shares of Amazon.com in the 3rd quarter valued at approximately $27,000. Bridge Generations Wealth Management LLC increased its holdings in shares of Amazon.com by 2,330.0% in the 3rd quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant's stock valued at $53,000 after acquiring an additional 233 shares during the last quarter. Cooksen Wealth LLC raised its position in shares of Amazon.com by 23.5% during the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant's stock valued at $54,000 after acquiring an additional 47 shares in the last quarter. Finally, PayPay Securities Corp lifted its stake in Amazon.com by 62.3% during the third quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant's stock worth $55,000 after purchasing an additional 96 shares during the last quarter. Institutional investors own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of research reports. Zacks Research downgraded shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 1st. Wedbush reduced their price target on shares of Amazon.com from $340.00 to $300.00 and set an "outperform" rating on the stock in a research report on Friday, February 6th. Wells Fargo & Company set a $304.00 price target on shares of Amazon.com and gave the company an "overweight" rating in a report on Monday, February 23rd. Rosenblatt Securities lowered their price objective on shares of Amazon.com from $305.00 to $296.00 and set a "buy" rating for the company in a research report on Friday, February 6th. Finally, JPMorgan Chase & Co. reiterated a "buy" rating on shares of Amazon.com in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $286.93.

Amazon.com Trading Down 1.5%

Shares of NASDAQ:AMZN opened at $209.53 on Friday. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16. The company's 50-day moving average price is $223.30 and its 200 day moving average price is $226.84. The company has a market cap of $2.25 trillion, a PE ratio of 29.22, a P/E/G ratio of 1.59 and a beta of 1.40. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $258.60.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.02). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The firm had revenue of $213.39 billion during the quarter, compared to the consensus estimate of $211.02 billion. During the same quarter last year, the company posted $1.86 EPS. Amazon.com's revenue for the quarter was up 13.6% on a year-over-year basis. Sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Wolfe Research raised its price target to $255 and analysts broadly remain constructive, supporting sentiment that Amazon’s AI/cloud investments can pay off long-term. Wolfe Research Raises Price Target
• Positive Sentiment: Amazon plans to move its Prime Day event to late June from July — an earlier Prime Day can shift meaningful revenues into Q2, affecting seasonality and logistics planning for the quarter. Reuters: Prime Day Move
• Positive Sentiment: Amazon won a federal injunction against an AI shopping agent (Perplexity/Comet), preserving control of its buying flow and protecting its commerce moat for now. PYMNTS: Injunction vs Perplexity
• Positive Sentiment: Zoox (Amazon’s autonomous unit) struck a deal with Uber to deploy robotaxis on Uber’s app — a commercial pathway for Zoox that could accelerate revenue optionality for Amazon’s mobility investments. Reuters: Zoox-Uber Deal
• Positive Sentiment: AWS co-sponsored Physical AI fellowship (with Nvidia and MassRobotics) and Amazon is expanding Health AI on its site—both moves underline AWS and Amazon’s push to monetize AI across cloud, healthcare and robotics. PYMNTS: Physical AI Fellowship
• Neutral Sentiment: Amazon is targeting large bond sales / euro-bond issuance to fund AI capacity (debt-funded CapEx)—this secures funding but increases leverage and investor focus on returns from the spend. FinancialPost: Euro Bond Sale
• Neutral Sentiment: Amazon outlined a big multi-year investment in Poland (23 billion zlotys for 2026–2028), signaling continued geographic expansion but also more near-term capex. Reuters: Poland Investment
• Negative Sentiment: Milan prosecutors sought trial for Amazon’s European unit and four executives over alleged €1.2B tax evasion — a significant legal/regulatory overhang that could lead to fines and negative headlines. Reuters: Italian Tax Trial Request
• Negative Sentiment: Reports of retail-site outages and an AI agent giving inaccurate advice prompted Amazon to “put humans back in the loop,” raising operational and reputational risk around fast AI rollouts. Fortune: Site Outages and AI Errors
• Negative Sentiment: FCC chair publicly criticized Amazon over slow satellite launches after Amazon opposed SpaceX’s massive plan — regulatory scrutiny and public spat increase political/regulatory risk on Project Kuiper. CNBC: FCC Criticism

Insiders Place Their Bets

In related news, CEO Andrew R. Jassy sold 19,872 shares of the firm's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.18, for a total value of $4,077,336.96. Following the sale, the chief executive officer directly owned 2,238,118 shares in the company, valued at $459,217,051.24. This trade represents a 0.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 6,835 shares of Amazon.com stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.82, for a total value of $1,406,779.70. Following the sale, the chief executive officer directly owned 522,361 shares in the company, valued at $107,512,341.02. The trade was a 1.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 71,686 shares of company stock worth $14,688,739. 9.70% of the stock is owned by company insiders.

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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