Amazon.com, Inc. $AMZN Stock: Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust Reduces Position

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust reduced its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 80,854 shares of the e-commerce giant’s stock after selling 7,700 shares during the period. Amazon.com accounts for 4.9% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s portfolio, making the stock its 7th biggest position. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s holdings in Amazon.com were worth $20,145,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in AMZN. State Street Corp grew its holdings in Amazon.com by 5.5% during the 2nd quarter. State Street Corp now owns 411,848,346 shares of the e-commerce giant’s stock worth $95,504,904,000 after acquiring an additional 21,398,025 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of Amazon.com in the 2nd quarter worth about $22,218,775,000. Bank of New York Mellon Corp acquired a new stake in shares of Amazon.com in the 2nd quarter valued at about $16,341,405,000. Amundi raised its stake in shares of Amazon.com by 3.9% in the 2nd quarter. Amundi now owns 63,822,242 shares of the e-commerce giant’s stock valued at $15,211,393,000 after purchasing an additional 2,421,739 shares in the last quarter. Finally, Legal & General Group Plc acquired a new stake in shares of Amazon.com in the 2nd quarter valued at about $12,831,376,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $240.35 on Friday. The company has a market cap of $2.59 trillion, a PE ratio of 19.43, a P/E/G ratio of 1.87 and a beta of 1.45. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. The firm has a 50-day simple moving average of $254.28 and a 200 day simple moving average of $243.09. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.08). The business had revenue of $201.94 billion during the quarter, compared to the consensus estimate of $202.22 billion. Amazon.com had a return on equity of 16.94% and a net margin of 16.90%. The business’s revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.95 EPS. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 8.00 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Andrew Jassy sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the completion of the transaction, the chief executive officer owned 2,235,766 shares in the company, valued at $579,085,751.66. The trade was a 0.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas Herrington sold 1,000 shares of the company’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $251.50, for a total value of $251,500.00. Following the transaction, the chief executive officer owned 474,681 shares of the company’s stock, valued at approximately $119,382,271.50. The trade was a 0.21% decrease in their ownership of the stock. 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. In the last quarter, insiders have sold 71,589 shares of company stock worth $18,580,515. 8.90% of the stock is currently owned by insiders.

Amazon.com News Roundup

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

• Positive Sentiment: AWS growth accelerated significantly. Amazon Web Services revenue rose 39% to approximately $46 billion, its fastest growth in nearly five years. Management said AWS could grow more than 40% annually in 2027 and 2028, supported by AI demand, a large backlog and rising cloud workloads. Analysts including JPMorgan, Canaccord, Monness and RBC maintained bullish ratings or targets, viewing AWS as a potential long-term, trillion-dollar business. AWS growth hits 39 percent
• Positive Sentiment: Amazon continues expanding its AI and adjacent businesses. The company plans to sell its Trainium AI chips externally by late 2027, while Amazon Pharmacy users increased more than 60% year over year and Prime Video reportedly reached profitability. Management also highlighted longer-term opportunities in retail automation, satellite internet and AI infrastructure. Amazon Trainium AI chips
• Neutral Sentiment: Analyst sentiment remains broadly constructive, but targets were trimmed. Several firms reaffirmed Buy or Outperform ratings, with targets generally well above the current trading level. However, Wells Fargo, Morgan Stanley, Wedbush, Scotiabank, Cantor Fitzgerald and others lowered targets, signaling reduced near-term confidence after the earnings release. Amazon price target changes
• Negative Sentiment: Amazon missed both major Q3 estimates. Earnings per share came in at $1.89 versus roughly $1.97–$2.01 expected, while revenue was $201.94 billion compared with about $202.2 billion anticipated. Fourth-quarter revenue guidance was also viewed as soft, raising concerns about holiday-season retail demand. Amazon fourth-quarter guidance
• Negative Sentiment: AI investment is pressuring cash flow and leverage. Amazon spent about $77 billion on property and equipment in Q3 and continues targeting approximately $220 billion in 2026 capital expenditures. Trailing free cash flow fell to a $42.4 billion deficit, while long-term debt increased substantially. Investors are questioning when the spending will generate adequate returns, overshadowing AWS’s strong growth. Amazon AI spending concerns
• Negative Sentiment: Broader technology-sector weakness amplified the selling. Amazon’s report contributed to a wider Nasdaq decline as investors reconsidered whether massive AI infrastructure spending across Big Tech can produce timely profits. Concerns about AI-related debt, cash burn and valuation affected sentiment beyond Amazon itself. Nasdaq and AI spending concerns

Analyst Ratings Changes

A number of equities analysts recently commented on AMZN shares. Phillip Securities downgraded Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, August 3rd. Weiss Ratings restated a “buy (b)” rating on shares of Amazon.com in a research note on Monday, August 3rd. Oppenheimer reaffirmed an “outperform” rating on shares of Amazon.com in a report on Friday, July 31st. Yorkville Ives began coverage on Amazon.com in a report on Monday, October 19th. They set an “outperform” rating and a $300.00 target price on the stock. Finally, Wedbush decreased their target price on Amazon.com from $310.00 to $298.00 and set an “outperform” rating for the company in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and a consensus target price of $320.86.

About Amazon.com

Amazon.com, Inc is a global technology and e-commerce company founded by Jeff Bezos in 1994. Originally launched as an online bookstore, the company has expanded into a broad digital marketplace offering consumer products across numerous categories, including electronics, household goods, apparel, groceries and other merchandise. Amazon also sells products under its own brands and provides logistics, fulfillment and delivery services that support its retail operations and third-party sellers.

The company’s principal businesses include online and physical retail, Amazon Web Services (AWS), digital advertising, subscription services and consumer technology.