Sunbelt Securities Inc. Trims Position in Amazon.com, Inc. $AMZN

Sunbelt Securities Inc. trimmed its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 6.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,223 shares of the e-commerce giant’s stock after selling 6,200 shares during the period. Amazon.com comprises 1.3% of Sunbelt Securities Inc.’s holdings, making the stock its 12th biggest holding. Sunbelt Securities Inc.’s holdings in Amazon.com were worth $18,712,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Amazon.com by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock valued at $186,420,422,000 after purchasing an additional 17,447,045 shares in the last quarter. State Street Corp grew 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 worth $83,805,794,000 after buying an additional 7,584,156 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Amazon.com by 1.7% during the second quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant’s stock valued at $47,332,625,000 after buying an additional 3,721,658 shares during the period. Norges Bank purchased a new position in shares of Amazon.com during the second quarter valued at $27,438,011,000. Finally, Northern Trust Corp raised its holdings in shares of 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 valued at $18,527,354,000 after acquiring an additional 302,858 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Stock Performance

AMZN stock opened at $209.87 on Thursday. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60. The firm has a market cap of $2.25 trillion, a price-to-earnings ratio of 29.27, a PEG ratio of 1.61 and a beta of 1.40. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. The firm has a 50-day simple moving average of $221.35 and a two-hundred day simple moving average of $226.32.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). The firm had revenue of $213.39 billion during the quarter, compared to analysts’ expectations of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The firm’s quarterly revenue was up 13.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.86 EPS. On average, equities analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on AMZN. Rothschild & Co Redburn set a $230.00 price objective on shares of Amazon.com in a research note on Wednesday, January 21st. Bank of America reduced their price target on shares of Amazon.com from $303.00 to $286.00 and set a “buy” rating for the company in a report on Tuesday, January 27th. Piper Sandler reaffirmed an “overweight” rating and issued a $260.00 price target (down from $300.00) on shares of Amazon.com in a research report on Friday, February 6th. Wedbush dropped their price objective on shares of Amazon.com from $340.00 to $300.00 and set an “outperform” rating on the stock in a research note on Friday, February 6th. Finally, Citigroup reissued a “buy” rating on shares of Amazon.com in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $286.93.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: CEO Andy Jassy said AI could double prior AWS revenue expectations to roughly $600B by 2036 — a framing that boosts long-term growth expectations for Amazon’s highest-margin business and supports upside for the stock. Reuters: Amazon CEO sees AI doubling AWS sales projections
• Positive Sentiment: OpenAI will distribute AI to U.S. federal agencies via AWS (including classified work), strengthening AWS’s government pipeline and recurring contract revenue. This concretely ties AWS to fast-growing, high-value AI workloads. Reuters: OpenAI to sell AI to US agencies through Amazon cloud unit
• Positive Sentiment: Wall Street momentum: Wolfe Research raised its price target and Needham reaffirmed Buy — analyst actions point to renewed confidence in AWS/AI tailwinds and help underpin the rally. Yahoo Finance: Wolfe Research Raises Amazon Price Target
• Neutral Sentiment: Amazon moved Prime Day into June — a strategic timing shift that can pull forward revenue into Q2 and help near-term results, but it creates tougher later comps and could pressure margins if discounts are deep. MarketBeat: Amazon’s Prime Day Shift
• Neutral Sentiment: Amazon expanded 1-hour and 3-hour delivery in many U.S. cities — potential upside for market share and fee revenue, though it increases fulfillment complexity and costs. Yahoo Finance: Amazon launches 1-hour shipping
• Negative Sentiment: Amazon plans to sharply cut packages routed via the USPS (target: two-thirds reduction) — this could raise fulfillment costs, disrupt volumes during a transition and draw regulatory/political scrutiny. Reports also say USPS “walked away” in talks, adding short-term uncertainty. Reuters: Amazon plans drastic cut in packages it sends through post office
• Negative Sentiment: Microsoft is reportedly weighing legal action over a reported $50B Amazon–OpenAI cloud deal — a potential regulatory/legal overhang that could complicate that partnership or slow enterprise adoption in the near term. Reuters: Microsoft weighs legal action over $50B Amazon-OpenAI cloud deal
• Negative Sentiment: Amazon’s near-record bond sale (~$54B) prompted analysts to lift hyperscaler debt forecasts — higher borrowing to fund massive AI/data-center capex raises leverage and margin concerns, which could temper sentiment if spending outpaces returns. Reuters: Analysts revise AI hyperscaler debt forecasts after Amazon bond sale

Insider Buying and Selling

In other news, VP Shelley Reynolds sold 2,695 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.90, for a total transaction of $554,900.50. Following the completion of the sale, the vice president owned 119,780 shares in the company, valued at approximately $24,662,702. This represents a 2.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction 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 completion of the sale, the chief executive officer directly owned 2,238,118 shares of the company’s stock, valued at $459,217,051.24. The trade was a 0.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 71,686 shares of company stock valued at $14,688,739 over the last quarter. Insiders own 9.70% of the company’s stock.

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.