Pinnbrook Capital Management LP Trims Position in Amazon.com, Inc. $AMZN

Pinnbrook Capital Management LP trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 79.3% during the 3rd quarter, Holdings Channel reports. The firm owned 40,890 shares of the e-commerce giant’s stock after selling 157,112 shares during the period. Amazon.com comprises 1.0% of Pinnbrook Capital Management LP’s investment portfolio, making the stock its 20th biggest position. Pinnbrook Capital Management LP’s holdings in Amazon.com were worth $8,978,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of AMZN. Perbak Capital Partners LLP bought a new position in Amazon.com in the 3rd quarter worth $709,000. Regal Investment Advisors LLC increased its stake in Amazon.com by 5.8% in the 3rd quarter. Regal Investment Advisors LLC now owns 39,359 shares of the e-commerce giant’s stock worth $8,642,000 after buying an additional 2,166 shares in the last quarter. Banque Transatlantique SA increased its stake in Amazon.com by 0.8% in the 3rd quarter. Banque Transatlantique SA now owns 1,618,890 shares of the e-commerce giant’s stock worth $355,381,000 after buying an additional 12,086 shares in the last quarter. Benchmark Investment Advisors LLC bought a new stake in Amazon.com during the third quarter valued at about $3,969,000. Finally, Cadence Bank lifted its position in shares of Amazon.com by 3.7% in the third quarter. Cadence Bank now owns 40,609 shares of the e-commerce giant’s stock valued at $8,917,000 after acquiring an additional 1,434 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Performance

NASDAQ AMZN opened at $207.67 on Friday. The stock has a market capitalization of $2.23 trillion, a PE ratio of 28.96, a P/E/G ratio of 1.57 and a beta of 1.40. The business has a 50 day simple moving average of $222.93 and a two-hundred day simple moving average of $226.70. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.05 and a quick ratio of 0.88. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $258.60.

Amazon.com (NASDAQ:AMZN) last released 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 the consensus estimate of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The business’s revenue was up 13.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.86 EPS. On average, research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In related news, CEO Douglas J. Herrington sold 6,835 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.82, for a total value of $1,406,779.70. Following the sale, the chief executive officer owned 522,361 shares in the company, valued at approximately $107,512,341.02. The trade was a 1.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP David Zapolsky sold 10,649 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the sale, the senior vice president directly owned 41,190 shares in the company, valued at approximately $8,461,661.70. The trade was a 20.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 71,686 shares of company stock valued at $14,688,739 in the last 90 days. Company insiders own 9.70% of the company’s stock.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: AWS partners with Cerebras to speed AI inference, which could improve Bedrock performance, lower customer costs and help AWS compete vs. Nvidia — a potential long‑term revenue/margin positive for Amazon’s cloud business. Cerebras Systems, Amazon strike deal to offer Cerebras AI chips on Amazon’s cloud
• Positive Sentiment: Amazon splits out a paid “Ultra” Prime Video tier and hikes the ad‑free price — a direct, near‑term revenue boost from higher subscription ARPU that supports monetization of Prime streaming. Amazon to hike price of ad-free Prime Video tier by $2 a month
• Positive Sentiment: Luxembourg court vacated a record €746M privacy fine and ordered a reassessment, removing a large regulatory overhang for Amazon in Europe. Win for Amazon as Luxembourg court scraps record $854 million privacy fine
• Positive Sentiment: Wall Street remains constructive: analysts have reiterated buys and some raised price targets (e.g., Wolfe/Evercore), which can support the stock amid the pullback narrative. Amazon Is Rising While the Market Falls—Here’s Why
• Neutral Sentiment: Amazon is reportedly moving Prime Day earlier to late June — timing and promotional cadence can affect quarterly sales mix but is not a clear positive/negative until details and vendor economics are known. Amazon plans to move Prime Day event to June from July, Bloomberg News reports
• Negative Sentiment: Amazon closed a massive multi‑tranche corporate debt offering to fund its AI/capex push — strong demand (reported ~4:1 bids) eases short‑term funding risk but the large debt target and $200B+ capex plan keep investor concerns about near‑term returns and balance‑sheet risk elevated. Amazon Completes Massive Multi-Tranche Corporate Debt Offering
• Negative Sentiment: Legal/tax risk persists: Milan prosecutors have sought trial for Amazon’s European unit and four execs over alleged €1.2B tax evasion — an ongoing legal exposure that could concern investors. Exclusive: Italian prosecutors seek trial for Amazon, four execs over alleged $1.4 bln tax evasion

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Zacks Research lowered Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. Rothschild & Co Redburn set a $230.00 price target on Amazon.com in a report on Wednesday, January 21st. Rosenblatt Securities dropped their price target on Amazon.com from $305.00 to $296.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amazon.com in a report on Monday, December 29th. Finally, Citigroup reduced their price objective on shares of Amazon.com from $320.00 to $265.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Amazon.com currently has an average rating of “Moderate Buy” and a consensus price target of $286.93.

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.