Varma Mutual Pension Insurance Co Has $376.72 Million Stock Holdings in Amazon.com, Inc. $AMZN

Varma Mutual Pension Insurance Co cut its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,632,111 shares of the e-commerce giant’s stock after selling 14,600 shares during the period. Amazon.com makes up approximately 2.3% of Varma Mutual Pension Insurance Co’s investment portfolio, making the stock its 9th largest holding. Varma Mutual Pension Insurance Co’s holdings in Amazon.com were worth $376,724,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AMZN. Lifelong Wealth Advisors Inc. boosted its stake in shares of Amazon.com by 2.4% during the 4th quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock valued at $402,000 after buying an additional 41 shares during the last quarter. Financial Connections Group Inc. grew its position in shares of Amazon.com by 2.6% during the fourth quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant’s stock worth $376,000 after buying an additional 42 shares in the last quarter. Marquette Asset Management LLC raised its holdings in Amazon.com by 5.1% in the fourth quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant’s stock valued at $205,000 after acquiring an additional 43 shares in the last quarter. Western Financial Corp CA raised its holdings in Amazon.com by 1.5% in the fourth quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant’s stock valued at $710,000 after acquiring an additional 44 shares in the last quarter. Finally, Union Savings Bank boosted its stake in Amazon.com by 0.4% during the 2nd quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant’s stock valued at $2,510,000 after acquiring an additional 45 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on AMZN shares. Jefferies Financial Group reissued a “buy” rating on shares of Amazon.com in a research report on Monday, May 4th. Rosenblatt Securities lifted their price target on Amazon.com from $296.00 to $332.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. BMO Capital Markets boosted their price objective on Amazon.com from $310.00 to $315.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Benchmark increased their target price on Amazon.com from $275.00 to $370.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, DZ Bank boosted their price target on Amazon.com from $295.00 to $320.00 and gave the company a “buy” rating in a report on Monday, May 4th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $312.66.

Insider Buying and Selling at Amazon.com

In related news, CEO Matthew S. Garman sold 15,467 shares of the business’s stock in a transaction that occurred on 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 sale, the chief executive officer owned 14,159 shares of the company’s stock, valued at $3,729,480.60. The trade was a 52.21% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,270 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $268.53, for a total value of $2,489,273.10. Following the transaction, the senior vice president directly owned 41,190 shares of the company’s stock, valued at approximately $11,060,750.70. The trade was a 18.37% 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 quarter, insiders sold 195,774 shares of company stock valued at $51,552,494. 8.90% of the stock is currently owned by insiders.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Strategist commentary said Amazon is emerging as an AI winner within the Magnificent 7 because its free cash flow gives it an edge in the next phase of the AI race. Article Title
• Positive Sentiment: Wolfe named Amazon a top internet-sector pick, reinforcing bullish expectations for the stock’s growth outlook. Article Title
• Positive Sentiment: Bank of America maintained a Buy rating and reiterated a $310 target, citing logistics innovations that could support longer-term margins. Article Title
• Positive Sentiment: Amazon reported strong Q1 revenue growth of 16.6% year over year, which continues to support the bullish case around demand and operating leverage. Article Title
• Neutral Sentiment: Amazon disclosed several insider sales by executives including Andrew Jassy, Matthew Garman, Douglas Herrington, David Zapolsky, and Shelley Reynolds, but the trades were mostly pre-planned 10b5-1 transactions, which often limits how negatively investors view them. Article Title
• Neutral Sentiment: Amazon said it invested over £15 billion in the U.K. in 2025, keeping it on track for its planned £40 billion multi-year investment program, which signals continued capital spending rather than an immediate earnings catalyst. Article Title
• Negative Sentiment: Multiple insider-sale headlines may create some short-term caution, even if the selling was scheduled, because the cluster of executive disposals can weigh on sentiment. Article Title

Amazon.com Stock Down 0.4%

Amazon.com stock opened at $265.29 on Wednesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $278.56. The company has a 50-day simple moving average of $241.79 and a 200-day simple moving average of $231.93. The firm has a market capitalization of $2.85 trillion, a P/E ratio of 31.73, a P/E/G ratio of 1.99 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, beating the consensus estimate of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The firm had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. During the same period last year, the firm posted $1.59 EPS. Amazon.com’s quarterly revenue was up 16.6% compared to the same quarter last year. As a group, equities analysts expect that Amazon.com, Inc. will post 7.71 earnings per share for the current year.

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.