Amazon.com, Inc. $AMZN Stock Sold by Maxi Investments CY Ltd

Maxi Investments CY Ltd reduced its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 69.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 39,269 shares of the e-commerce giant’s stock after selling 90,353 shares during the quarter. Amazon.com accounts for approximately 1.8% of Maxi Investments CY Ltd’s holdings, making the stock its 14th biggest position. Maxi Investments CY Ltd’s holdings in Amazon.com were worth $9,784,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Silvant Capital Management LLC bought a new stake in Amazon.com during the 2nd quarter valued at approximately $60,065,000. Public Employees Retirement System of Ohio purchased a new stake in Amazon.com during the 2nd quarter valued at approximately $909,868,000. Northstar Financial Companies Inc. purchased a new stake in Amazon.com during the 2nd quarter valued at approximately $3,376,000. Gryphon Financial Partners LLC raised its position in shares of Amazon.com by 7.5% during the first quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant’s stock valued at $15,221,000 after buying an additional 5,125 shares during the last quarter. Finally, First Citizens Bank & Trust Co. raised its position in shares of Amazon.com by 1.7% during the first quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant’s stock valued at $63,285,000 after buying an additional 5,104 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Key Headlines Impacting Amazon.com

Investors following AMZN have been watching these headlines:

• Positive Sentiment: Coverage pointed to the estimated value of Amazon’s Anthropic investment and ongoing AI demand as potential supports. A reported leadership shake-up at Nvidia may also encourage cloud providers to diversify chip suppliers, potentially benefiting Amazon’s in-house silicon efforts. What Is Going on with Amazon Stock on Thursday? NVIDIA’s Crisis Opens the Board
• Positive Sentiment: Amazon plans to hire 300,000 seasonal workers for the holidays, a sign of preparations for peak shopping demand. Investors are also watching a planned Amazon Leo rocket launch as a step toward expanding its satellite-internet service. What Is Going on with Amazon Stock on Thursday? Amazon Stock Rises Ahead of a Leo Rocket Launch
• Negative Sentiment: Risks include pushback from Eastern Washington residents over water use and transparency tied to a proposed data-center campus. Separately, Amazon’s planned roughly $220 billion in 2026 capital spending is weighing on free cash flow, even as the company invests to meet AI demand. Amazon data center plan draws protests Will Rising AI Capex Weigh on Amazon’s Free Cash Flow?

Analyst Ratings Changes

A number of brokerages recently weighed in on AMZN. Freedom Broker upped their target price on shares of Amazon.com from $255.00 to $330.00 and gave the stock a “buy” rating in a research report on Tuesday, November 3rd. Yorkville Ives initiated coverage on Amazon.com in a research report on Monday, October 19th. They set an “outperform” rating and a $300.00 price objective for the company. Royal Bank Of Canada reissued an “outperform” rating and set a $330.00 price target on shares of Amazon.com in a research note on Friday, October 30th. The Goldman Sachs Group reaffirmed a “conviction-buy” rating and issued a $370.00 price objective on shares of Amazon.com in a research note on Friday, October 30th. Finally, Barclays reiterated an “overweight” rating and set a $365.00 target price (up from $330.00) on shares of Amazon.com in a research report on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-five have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $321.74.

Amazon.com Trading Up 0.5%

Shares of NASDAQ AMZN opened at $267.44 on Friday. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $287.20. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.99 and a quick ratio of 0.82. The business’s 50 day moving average is $254.66 and its two-hundred day moving average is $244.21. The stock has a market capitalization of $2.89 trillion, a P/E ratio of 21.62, a PEG ratio of 2.02 and a beta of 1.49.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.97 by ($0.08). Amazon.com had a return on equity of 15.72% and a net margin of 16.90%. The firm had revenue of $201.94 billion during the quarter, compared to the consensus estimate of $202.22 billion. During the same quarter last year, the business posted $1.95 EPS. Amazon.com’s revenue was up 12.1% compared to the same quarter last year. As a group, research analysts expect that Amazon.com, Inc. will post 7.80 EPS for the current year.

Insider Buying and Selling

In other Amazon.com news, VP Shelley Reynolds sold 2,343 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $606,860.43. Following the completion of the sale, the vice president owned 119,780 shares of the company’s stock, valued at $31,024,217.80. This trade represents a 1.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the firm’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the completion of the sale, the senior vice president directly owned 41,190 shares of the company’s stock, valued at approximately $10,699,926.30. The trade was a 18.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 71,589 shares of company stock worth $18,545,595 over the last three months. 8.90% of the stock is currently owned by company insiders.

Amazon.com Company Profile

Amazon.com, Inc. is a technology and e-commerce company founded by Jeff Bezos in 1994 as an online bookstore. It has since grown into a global business serving consumers, sellers, developers, enterprises and content creators. Amazon operates online stores and marketplaces, where it sells products directly and enables third-party sellers to reach customers. Its other businesses include Amazon Web Services, which provides cloud computing and related services; digital advertising; Prime memberships; and entertainment offerings such as streaming video and music.