Amazon.com, Inc. $AMZN is Illinois Municipal Retirement Fund’s 4th Largest Position

Illinois Municipal Retirement Fund lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 679,680 shares of the e-commerce giant’s stock after buying an additional 23,371 shares during the quarter. Amazon.com comprises about 1.9% of Illinois Municipal Retirement Fund’s portfolio, making the stock its 4th largest holding. Illinois Municipal Retirement Fund’s holdings in Amazon.com were worth $149,237,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Amazon.com in the 2nd quarter valued at approximately $27,438,011,000. Nuveen LLC purchased a new position in Amazon.com in the first quarter worth $11,674,091,000. Vanguard Group Inc. raised its position in Amazon.com by 2.1% in the second quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock worth $186,420,422,000 after acquiring an additional 17,447,045 shares in the last quarter. Laurel Wealth Advisors LLC lifted its holdings in Amazon.com by 22,085.8% in 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 acquiring an additional 12,122,668 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of Amazon.com by 21.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after purchasing an additional 10,176,835 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

AMZN has been the subject of a number of research analyst reports. Stifel Nicolaus set a $300.00 price target on shares of Amazon.com and gave the company a “buy” rating in a report on Tuesday, January 27th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Amazon.com in a report on Friday, February 6th. Guggenheim reissued a “buy” rating and set a $300.00 price target on shares of Amazon.com in a research note on Friday, February 6th. New Street Research lowered their price target on Amazon.com from $350.00 to $285.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Finally, Wall Street Zen cut Amazon.com from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and an average target price of $287.29.

Amazon.com News Roundup

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

• Positive Sentiment: AWS launched an AI?enabled platform for healthcare (Amazon Connect Health), expanding addressable market and recurring cloud workloads for higher?margin AWS services. Amazon launches AI-enabled platform to automate healthcare administrative tasks
• Positive Sentiment: Bank of America, TD Cowen and other analysts are reiterating bullish views tied to AWS’s AI positioning (Anthropic/OpenAI relationships), lifting medium?term revenue expectations and price targets. ‘This Could Change the AWS Story,’ Says BofA about Amazon Stock
• Positive Sentiment: Active managers are adding exposure (ARK/other funds bought AMZN), signaling conviction that AI capex will sustain AWS growth. Institutional buys can support multiple?month momentum. ARK Invest’s Latest Moves: Amazon (AMZN) In, Roku (ROKU) Out – March 2026 Trades
• Positive Sentiment: Tangible AWS capacity build: Amazon Data Services bought George Washington University’s Virginia campus for $427M, underscoring long?term infrastructure expansion to support cloud/AI demand. Amazon (AMZN) Buys George Washington University’s Virginia Campus for $427 Million
• Neutral Sentiment: Amazon joined other tech firms in a White House “Ratepayer Protection Pledge” to cover AI data?center power costs — clears a PR/political concern but is non?binding and unlikely to change near?term economics. Tech Giants Sign Ratepayer Protection Pledge On Power For Data Centers
• Negative Sentiment: Security & operational risk: AWS facilities in the UAE/Bahrain were hit or affected by drone strikes, causing structural damage and regional outages and highlighting geopolitical exposure for key cloud infrastructure. AWS Drone Strikes Test Amazon Cloud Resilience And Investor Risk Views
• Negative Sentiment: Customer?facing outage: Amazon’s online store and app experienced outages for tens of thousands of users, raising concerns about reliability and potential short?term revenue/PR impact. Amazon online store suffers outage for some users
• Negative Sentiment: Cost?cutting signals: Amazon confirmed layoffs (~100 white?collar roles) in its robotics unit — consistent with prior cuts and may slow product roadmaps or near?term robotics revenue. Amazon cuts more jobs; this time in robotics unit
• Negative Sentiment: Insider selling (small CEO sale disclosed) continues to show up in filings; while amounts are modest relative to market cap, persistent sales can weigh on sentiment. SEC Form 4 — insider sale disclosure

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $204.25, for a total transaction of $204,250.00. Following the sale, the chief executive officer owned 521,361 shares in the company, valued at approximately $106,487,984.25. This trade represents a 0.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction that occurred on 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 completion of the sale, the chief executive officer directly owned 2,238,118 shares of the company’s stock, valued at $459,217,051.24. The trade was a 0.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 71,686 shares of company stock valued at $14,688,739. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Stock Performance

NASDAQ AMZN opened at $218.94 on Friday. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $258.60. The business has a fifty day moving average of $225.21 and a 200-day moving average of $227.33. The stock has a market cap of $2.35 trillion, a price-to-earnings ratio of 30.54, a price-to-earnings-growth ratio of 1.63 and a beta of 1.40.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The company had revenue of $213.39 billion for the quarter, compared to analysts’ expectations of $211.02 billion. During the same quarter in the prior year, the business posted $1.86 EPS. The company’s revenue for the quarter was up 13.6% compared to the same quarter last year. As a group, analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.