WCM Investment Management LLC Increases Stake in Amazon.com, Inc. $AMZN

WCM Investment Management LLC raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 6,196,849 shares of the e-commerce giant’s stock after purchasing an additional 26,169 shares during the quarter. Amazon.com accounts for about 2.9% of WCM Investment Management LLC’s holdings, making the stock its 10th biggest holding. WCM Investment Management LLC’s holdings in Amazon.com were worth $1,376,754,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in Amazon.com in the 2nd quarter valued at approximately $27,438,011,000. Nuveen LLC bought a new stake in shares of Amazon.com during the 1st quarter valued at about $11,674,091,000. Vanguard Group Inc. increased its position in shares of 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 during the last quarter. Laurel Wealth Advisors LLC grew its position in Amazon.com by 22,085.8% during the second quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant’s stock valued at $2,671,634,000 after buying an additional 12,122,668 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in Amazon.com by 21.3% in the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after acquiring an additional 10,176,835 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $205.18, for a total transaction of $4,077,336.96. Following the sale, the chief executive officer owned 2,238,118 shares in the company, valued at approximately $459,217,051.24. The trade was a 0.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP David Zapolsky sold 10,649 shares of Amazon.com 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 completion of the transaction, the senior vice president directly owned 41,190 shares in the company, valued at $8,461,661.70. The trade was a 20.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 73,186 shares of company stock worth $15,067,539 in the last quarter. Insiders own 10.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on AMZN. China Renaissance increased their target price on Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. BMO Capital Markets restated an “outperform” rating and issued a $310.00 target price (up from $304.00) on shares of Amazon.com in a research note on Tuesday, February 3rd. DA Davidson reissued a “neutral” rating and set a $175.00 price objective (down from $300.00) on shares of Amazon.com in a report on Friday, February 6th. Telsey Advisory Group restated an “outperform” rating and set a $300.00 price objective on shares of Amazon.com in a research note on Friday, February 6th. Finally, HSBC lifted their price target on Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $287.29.

Amazon.com Stock Up 1.6%

NASDAQ AMZN opened at $208.56 on Wednesday. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60. The company has a market cap of $2.24 trillion, a P/E ratio of 29.09, a P/E/G ratio of 1.31 and a beta of 1.37. 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 business has a fifty day moving average price of $227.59 and a 200 day moving average price of $228.06.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). The business 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 company’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period last year, the business earned $1.86 earnings per share. Research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

More Amazon.com News

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

• Positive Sentiment: Big, concrete AWS capacity push — Amazon announced a $12 billion data‑center buildout in northwest Louisiana to support cloud/AI demand; this strengthens AWS capacity and the company’s long‑term AI/service revenue runway. Amazon plans $12 billion data center buildout in Louisiana
• Positive Sentiment: Product and infra wins for AWS — reports highlight fast growth for Amazon’s Graviton chips and positioning as a preferred cloud/AI stack provider, supporting the case that AWS can keep accelerating revenue even amid heavy capex. Amazon Just Delivered Great News for This Top AI Stock
• Neutral Sentiment: Leadership / R&D change — David Luan, head of Amazon’s AGI lab, is leaving; monitor for any disruption to long‑term AGI projects but no immediate revenue impact flagged. Head of Amazon’s AGI lab is leaving the company
• Negative Sentiment: Insider selling accelerated — multiple senior executives (including CEO Andy Jassy, SVPs and other officers) disclosed sizeable share sales last week; market interprets clustered sales as a near‑term negative sentiment signal. Jassy Form 4 filing
• Negative Sentiment: Investor fear over massive AI capex — Amazon’s roughly $200 billion AI/data‑center capex plan remains the dominant negative theme (timing of returns and FCF impact); many articles tie February’s sell‑off to capex concerns. A $200 Billion AI Bet Is Either Amazon’s Masterstroke or Its Biggest Mistake
• Negative Sentiment: Regulatory/legal headwinds — California has asked a court to block alleged merchant‑bullying on prices and Italy’s privacy regulator banned an Amazon unit from processing certain worker data; these raise risk of fines, injunctions or operational limits. California seeks injunction Italy privacy ban

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.