Torren Management LLC Decreases Stake in Amazon.com, Inc. $AMZN

Torren Management LLC cut its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 90.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 438 shares of the e-commerce giant’s stock after selling 4,024 shares during the quarter. Torren Management LLC’s holdings in Amazon.com were worth $91,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. MilWealth Group LLC grew its position in shares of Amazon.com by 79.0% in the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after purchasing an additional 79 shares in the last quarter. Lifetime Wealth Management P.C. purchased a new position in Amazon.com during the fourth quarter worth approximately $45,000. Elkhorn Partners Limited Partnership lifted its position in Amazon.com by 900.0% during the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 180 shares in the last quarter. Fairway Wealth LLC boosted its stake in Amazon.com by 95.6% during the fourth quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock worth $51,000 after buying an additional 108 shares during the last quarter. Finally, Prudent Man Investment Management Inc. boosted its stake in Amazon.com by 87.7% during the fourth quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock worth $53,000 after buying an additional 107 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 1.1%

AMZN opened at $244.85 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $278.56. The business’s 50-day simple moving average is $249.58 and its 200-day simple moving average is $236.30. The company has a market cap of $2.63 trillion, a P/E ratio of 29.29, a PEG ratio of 1.84 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $1.15. The firm had revenue of $181.52 billion during the quarter, compared to analysts’ expectations of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The business’s revenue was up 16.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.59 EPS. As a group, equities research analysts expect that Amazon.com, Inc. will post 7.75 EPS for the current fiscal year.

Amazon.com News Summary

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

• Positive Sentiment: Analysts remain upbeat on Amazon’s core growth drivers, especially AWS, with Bank of America reiterating a Buy rating and saying cloud growth could exceed expectations on strong enterprise AI demand. Article Title
• Positive Sentiment: Wall Street is also leaning into a strong second quarter for Amazon, with forecasts calling for revenue and operating profit above consensus and expectations that AWS growth is accelerating. Article Title
• Positive Sentiment: Amazon Business crossed a $60 billion annualized sales run rate, reinforcing that the company’s higher-margin B2B and enterprise offerings are still expanding. Article Title
• Positive Sentiment: Several market-commentary pieces highlighted Amazon as a beneficiary of AI infrastructure spending and a potential earnings beat, which is helping support longer-term sentiment. Article Title
• Neutral Sentiment: Amazon confirmed layoffs in its artificial general intelligence group as it shifts resources toward customer-facing AI products. The move may improve focus and discipline, but it also underscores ongoing restructuring inside the company’s AI efforts. Article Title
• Neutral Sentiment: Amazon also announced a $400 million plan to rebuild two Florida warehouses, which supports logistics capacity but adds to the company’s already heavy capital-spending burden. Article Title
• Neutral Sentiment: AWS struck additional collaboration deals, including with Observe.AI and funding support for Myseum.AI, reinforcing Amazon Web Services’ role as a key AI platform partner. Article Title
• Negative Sentiment: Job cuts in the AGI unit and broader questions about the cost of Amazon’s AI buildout are weighing on sentiment, especially with investors already focused on the company’s massive 2026 capex plans. Article Title
• Negative Sentiment: Shares also appear pressured by a broader rotation out of mega-cap tech and renewed scrutiny on whether heavy AI spending will translate into returns quickly enough. Article Title

Insiders Place Their Bets

In other Amazon.com news, VP Shelley Reynolds sold 2,363 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $262.38, for a total value of $620,003.94. Following the completion of the transaction, the vice president directly owned 119,780 shares of the company’s stock, valued at approximately $31,427,876.40. This trade represents a 1.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 15,467 shares of Amazon.com stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $263.40, for a total value of $4,074,007.80. Following the transaction, the chief executive officer directly owned 14,159 shares of the company’s stock, valued at approximately $3,729,480.60. This represents a 52.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 144,274 shares of company stock valued at $38,716,204. Corporate insiders own 8.90% of the company’s stock.

Analysts Set New Price Targets

AMZN has been the subject of a number of recent research reports. UBS Group set a $315.00 target price on Amazon.com in a research note on Monday, June 1st. Wedbush began coverage on shares of Amazon.com in a report on Thursday, July 16th. They issued an “outperform” rating and a $293.00 price objective for the company. Royal Bank Of Canada restated a “buy” rating on shares of Amazon.com in a research report on Tuesday, June 16th. Truist Financial lifted their target price on shares of Amazon.com from $310.00 to $320.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $335.00 target price on shares of Amazon.com in a report on Thursday, July 9th. Fifty-seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and an average price target of $312.91.

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.