The Manufacturers Life Insurance Company Reduces Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• The Manufacturers Life Insurance Company reduced its Amazon stake by 4.4% in the first quarter, selling 737,312 shares. It still held 15.86 million shares valued at approximately $3.3 billion, representing 2.8% of its portfolio.
• Amazon insiders sold shares recently, including CEO Matthew Garman’s $4.1 million sale and VP Shelley Reynolds’ $620,000 sale. Insiders have sold 77,867 shares worth roughly $20.5 million over the past 90 days.
• Amazon reported stronger-than-expected quarterly results, with earnings of $5.75 per share and revenue of $200.61 billion, up 19.6% year over year. Wall Street maintains a “Moderate Buy” consensus rating with an average price target of $322.56.

The Manufacturers Life Insurance Company lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 4.4% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,863,698 shares of the e-commerce giant's stock after selling 737,312 shares during the period. Amazon.com makes up approximately 2.8% of The Manufacturers Life Insurance Company's portfolio, making the stock its 3rd biggest holding. The Manufacturers Life Insurance Company owned 0.15% of Amazon.com worth $3,303,840,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. MilWealth Group LLC grew its position in Amazon.com by 79.0% during the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant's stock valued at $41,000 after buying an additional 79 shares during the period. Lifetime Wealth Management P.C. bought a new stake in Amazon.com in the fourth quarter worth about $45,000. Elkhorn Partners Limited Partnership boosted its stake in Amazon.com by 900.0% in the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant's stock valued at $46,000 after acquiring an additional 180 shares during the last quarter. Fairway Wealth LLC boosted its stake in Amazon.com by 95.6% in the fourth quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant's stock valued at $51,000 after acquiring an additional 108 shares during the last quarter. Finally, Bridge Generations Wealth Management LLC grew its position in shares of Amazon.com by 2,330.0% during 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 period. 72.20% of the stock is owned by institutional investors.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 2,363 shares of Amazon.com stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $262.38, for a total transaction of $620,003.94. Following the completion of the transaction, the vice president owned 119,780 shares of the company's stock, valued at $31,427,876.40. The trade was a 1.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 15,467 shares of the stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $263.40, for a total transaction of $4,074,007.80. Following the completion of the sale, the chief executive officer directly owned 14,159 shares in the company, valued at approximately $3,729,480.60. The trade was a 52.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 77,867 shares of company stock worth $20,532,092. 8.90% of the stock is owned by corporate insiders.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $274.48 on Monday. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The stock's fifty day moving average price is $246.35 and its two-hundred day moving average price is $237.45. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. The company has a market cap of $2.96 trillion, a P/E ratio of 22.08, a P/E/G ratio of 1.83 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, beating the consensus estimate of $1.82 by $3.93. The company had revenue of $200.61 billion during the quarter, compared to analysts' expectations of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The firm's quarterly revenue was up 19.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.68 earnings per share. As a group, analysts expect that Amazon.com, Inc. will post 8.05 EPS for the current year.

Wall Street Analyst Weigh In

AMZN has been the subject of several research analyst reports. TD Securities upgraded shares of Amazon.com to a "buy" rating in a research note on Monday, April 13th. Needham & Company LLC reiterated a "buy" rating and issued a $300.00 price objective on shares of Amazon.com in a research note on Friday, July 31st. Arete Research increased their price objective on Amazon.com from $301.00 to $310.00 and gave the company a "buy" rating in a report on Monday, May 18th. China Renaissance raised their target price on Amazon.com from $300.00 to $326.00 and gave the stock a "buy" rating in a research report on Tuesday, May 5th. Finally, New Street Research boosted their target price on Amazon.com from $280.00 to $350.00 and gave the company a "buy" rating in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Amazon.com currently has a consensus rating of "Moderate Buy" and a consensus target price of $322.56.

Trending Headlines about Amazon.com

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

• Positive Sentiment: AWS and AI demand remain the main bullish catalysts. Recent coverage highlights AWS growth of roughly 37%, a reported $496 billion backlog, and sustained demand for AI infrastructure. Amazon has raised its 2026 capital-expenditure outlook to approximately $220 billion and plans to expand data-center capacity, signaling confidence that demand will continue. Amazon: $3 Trillion Is a Milestone, Not a Ceiling
• Positive Sentiment: Recent operating results and analyst views support the stock. Amazon’s latest quarter exceeded consensus estimates, with revenue of $200.61 billion, up 19.6% year over year. Zacks upgraded the shares to “Strong Buy,” while other analysts raised price targets, reinforcing the view that AWS, advertising, and retail improvements can offset higher spending. AI Boom: Top Stocks to Consider for Your Portfolio
• Positive Sentiment: Amazon Pharmacy is expanding its healthcare opportunity. Eligible Medicare Part D patients can access certain GLP-1 weight-loss drugs, including Wegovy and Zepbound, for $50 per month through a federal program. The initiative could increase pharmacy traffic and strengthen Amazon’s position in prescription fulfillment, though near-term financial benefits are uncertain. Amazon Pharmacy Offers Weight-Loss Drugs
• Neutral Sentiment: Amazon’s AI spending is producing both optimism and concern. Bullish investors argue strong AWS demand and committed capacity can justify the investment cycle, while valuation experts warn that hyperscalers may be “overinvesting” before returns are clear. The heavier spending could pressure free cash flow and margins if AI monetization slows. Amazon’s Massive Capex Expansion
• Negative Sentiment: Large shareholder sales are creating supply concerns. Jeff Bezos plans to sell roughly 15 million shares valued near $4 billion, while Amazon CEO Douglas Herrington sold 1,000 shares under a pre-arranged Rule 10b5-1 plan. Berkshire Hathaway also exited its Amazon position in the first quarter. These transactions do not change Amazon’s fundamentals but may weigh on sentiment after the stock’s rally. Bezos Plans to Sell Amazon Stock

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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