Mirabaud Asset Management Ltd grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 11.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 60,876 shares of the e-commerce giant’s stock after acquiring an additional 6,458 shares during the quarter. Amazon.com comprises approximately 6.6% of Mirabaud Asset Management Ltd’s holdings, making the stock its 2nd largest holding. Mirabaud Asset Management Ltd’s holdings in Amazon.com were worth $14,169,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Amazon.com by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after acquiring an additional 8,913,959 shares during the last quarter. State Street Corp boosted its position in shares of Amazon.com by 2.0% during the 3rd quarter. State Street Corp now owns 381,681,441 shares of the e-commerce giant’s stock valued at $83,805,794,000 after acquiring an additional 7,584,156 shares during the last quarter. Geode Capital Management LLC lifted its position in Amazon.com by 1.7% in the second quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant’s stock worth $47,332,625,000 after buying an additional 3,721,658 shares during the last quarter. Norges Bank bought a new stake in Amazon.com in the second quarter worth $27,438,011,000. Finally, Northern Trust Corp lifted its position in Amazon.com by 0.3% in the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock worth $18,527,354,000 after buying an additional 302,858 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.
Amazon.com Stock Performance
AMZN stock opened at $250.02 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27. The business’s fifty day simple moving average is $248.25 and its two-hundred day simple moving average is $232.76. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $278.56. The firm has a market cap of $2.69 trillion, a price-to-earnings ratio of 29.91, a PEG ratio of 1.92 and a beta of 1.44.
More Amazon.com News
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Amazon’s Prime Day will run June 23-26 and is being moved earlier than usual, giving investors a near-term catalyst for higher e-commerce sales and Prime sign-ups. The company also said Alexa AI will help power shopping, which could boost engagement. Article Title
- Positive Sentiment: Amazon overtook Walmart to become the largest U.S. company by revenue in 2025, highlighting strong top-line growth and reinforcing the company’s scale advantage. Article Title
- Positive Sentiment: Analysts and market commentary continue to point to AWS, advertising, subscriptions, and AI as long-term growth drivers, with multiple firms reiterating bullish ratings and price targets well above current levels. Article Title
- Neutral Sentiment: Amazon announced AI-generated product images in its shopping app and launched Prime in South Africa, both of which are strategic moves but not immediate stock catalysts. Article Title Article Title
- Negative Sentiment: Amazon shares are being weighed by broad tech-sector selling, with the Nasdaq falling and big tech under pressure across the market. Article Title
- Negative Sentiment: CEO Douglas Herrington sold 1,000 shares under a pre-arranged trading plan, and Amazon insiders have been net sellers over the past six months, which can weigh on sentiment. Article Title
- Negative Sentiment: New headlines on Ring facial-recognition lawsuits and possible EU cloud procurement restrictions add regulatory and privacy overhangs for AWS and connected devices. Article Title Article Title
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the company. Mizuho raised their price target on Amazon.com from $315.00 to $325.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 28th. Scotiabank restated an “outperform” rating and issued a $325.00 price target (up from $275.00) on shares of Amazon.com in a research report on Thursday, April 30th. BNP Paribas Exane raised their price target on Amazon.com from $320.00 to $345.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. KeyCorp raised their price target on Amazon.com from $325.00 to $330.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Finally, Susquehanna restated a “positive” rating and issued a $325.00 price target (up from $300.00) on shares of Amazon.com in a research report on Thursday, April 30th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $312.52.
Read Our Latest Research Report on Amazon.com
Insiders Place Their Bets
In other Amazon.com news, VP Shelley Reynolds sold 2,363 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $262.38, for a total value of $620,003.94. Following the sale, the vice president owned 119,780 shares in the company, valued at $31,427,876.40. This trade represents a 1.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 stock was sold at an average price of $268.53, for a total value of $2,489,273.10. Following the completion of the sale, the senior vice president owned 41,190 shares in the company, valued at approximately $11,060,750.70. The trade was a 18.37% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 195,774 shares of company stock valued at $51,614,434. Insiders own 8.90% of the company’s stock.
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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