Amazon.com, Inc. $AMZN is PKO Investment Management Joint Stock Co’s 5th Largest Position

PKO Investment Management Joint Stock Co increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 21.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 170,000 shares of the e-commerce giant’s stock after purchasing an additional 30,000 shares during the quarter. Amazon.com accounts for 3.2% of PKO Investment Management Joint Stock Co’s portfolio, making the stock its 5th largest position. PKO Investment Management Joint Stock Co’s holdings in Amazon.com were worth $37,327,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Amazon.com by 2.1% in the second quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock worth $186,420,422,000 after purchasing an additional 17,447,045 shares during the last quarter. State Street Corp increased its position in shares of Amazon.com by 1.4% during the 2nd quarter. State Street Corp now owns 374,097,285 shares of the e-commerce giant’s stock valued at $82,073,203,000 after purchasing an additional 5,163,208 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Amazon.com by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant’s stock worth $47,332,625,000 after purchasing an additional 3,721,658 shares during the period. Norges Bank purchased a new position in shares of Amazon.com in the second quarter worth approximately $27,438,011,000. Finally, Northern Trust Corp grew its position in Amazon.com by 0.3% during the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock valued at $18,527,354,000 after buying an additional 302,858 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on AMZN. Roth Mkm reiterated a “buy” rating and issued a $295.00 price target (up from $270.00) on shares of Amazon.com in a research report on Monday. Piper Sandler restated an “overweight” rating on shares of Amazon.com in a research report on Wednesday, December 3rd. Wedbush reaffirmed an “outperform” rating and set a $340.00 price objective on shares of Amazon.com in a research report on Tuesday. CICC Research increased their target price on shares of Amazon.com from $240.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, November 5th. Finally, Redburn Partners set a $230.00 target price on shares of Amazon.com in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and a consensus target price of $295.91.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Amazon is reportedly in talks to invest up to $50 billion in OpenAI — a game?changing strategic stake that would deepen AMZN’s position in the AI infrastructure and services stack and could secure preferential access to advanced models for AWS and enterprise customers. Amazon in talks to invest up to $50 billion in OpenAI (Reuters)
• Positive Sentiment: Amazon confirmed another large round of corporate layoffs (roughly 16,000 roles; ~30,000 total across recent rounds) as it reallocates spending toward AI/data centers — a move investors typically view as margin?accretive and discipline that improves near?term earnings leverage. Amazon cuts 16,000 jobs (Reuters)
• Neutral Sentiment: Amazon is closing most Amazon Go and Fresh stores and refocusing grocery around Whole Foods and online — lowers ongoing retail losses but also signals scaling limits for physical experiments. Amazon Fresh, Amazon Go stores to close (LA Times)
• Neutral Sentiment: Logistics partner UPS is trimming roles tied to its Amazon relationship (report: UPS to cut ~30,000 jobs related to the partnership) — could reflect shifting third?party logistics dynamics as Amazon expands its own supply chain capabilities. UPS cuts tied to Amazon partnership (Barchart)
• Negative Sentiment: Reports that Amazon discovered a “high volume” of illegal child?abuse content in AI training data raise reputational and regulatory risk for its AI initiatives and could trigger scrutiny or compliance costs. AI training data content concerns (TipRanks)
• Negative Sentiment: Amazon agreed to settle a class action over refund denials for ~$309 million — a non?material but visible legal expense and reminder of consumer?facing operational risks. Amazon agrees to $309M settlement (PYMNTS)

Amazon.com Trading Down 0.5%

Amazon.com stock opened at $241.73 on Friday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The firm’s 50 day moving average price is $233.13 and its 200-day moving average price is $229.55. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.01 and a quick ratio of 0.80. The stock has a market cap of $2.58 trillion, a P/E ratio of 34.14, a PEG ratio of 1.52 and a beta of 1.37.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. The firm had revenue of $180.17 billion during the quarter, compared to analyst estimates of $177.53 billion. Amazon.com had a net margin of 11.06% and a return on equity of 23.62%. Amazon.com’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.43 earnings per share. On average, equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Keith Brian Alexander sold 900 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $233.00, for a total transaction of $209,700.00. Following the completion of the transaction, the director directly owned 7,170 shares of the company’s stock, valued at approximately $1,670,610. This represents a 11.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $233.22, for a total value of $583,050.00. Following the completion of the sale, the chief executive officer directly owned 505,934 shares in the company, valued at approximately $117,993,927.48. The trade was a 0.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 49,561 shares of company stock worth $10,989,862. 9.70% of the stock is owned by corporate insiders.

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.