Amazon.com, Inc. $AMZN is Trinity Street Asset Management LLP’s 8th Largest Position

Trinity Street Asset Management LLP lowered its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 146,998 shares of the e-commerce giant’s stock after selling 6,840 shares during the quarter. Amazon.com accounts for about 1.8% of Trinity Street Asset Management LLP’s holdings, making the stock its 8th largest position. Trinity Street Asset Management LLP’s holdings in Amazon.com were worth $35,036,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MilWealth Group LLC raised its position in Amazon.com by 79.0% during the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after buying an additional 79 shares during the period. Lifetime Wealth Management P.C. acquired a new stake in Amazon.com during the 4th quarter worth about $45,000. Elkhorn Partners Limited Partnership boosted its position in Amazon.com by 900.0% during the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after acquiring an additional 180 shares during the period. Fairway Wealth LLC grew its stake in Amazon.com by 95.6% during the 4th quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock valued at $51,000 after acquiring an additional 108 shares in the last quarter. Finally, Prudent Man Investment Management Inc. grew its stake in Amazon.com by 87.7% during the 4th quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock valued at $53,000 after acquiring an additional 107 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Jefferies Financial Group reissued a “buy” rating on shares of Amazon.com in a research report on Thursday, June 18th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amazon.com in a research report on Monday, August 3rd. The Goldman Sachs Group reiterated a “buy” rating and issued a $375.00 target price (up from $335.00) on shares of Amazon.com in a research report on Friday, July 31st. Wells Fargo & Company reissued an “overweight” rating and set a $328.00 target price (up from $322.00) on shares of Amazon.com in a research note on Friday, July 31st. Finally, Piper Sandler reissued an “overweight” rating and set a $320.00 price objective (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $322.39.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $262.07 on Tuesday. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. The business has a 50-day moving average of $250.18 and a two-hundred day moving average of $239.48. The stock has a market capitalization of $2.83 trillion, a P/E ratio of 21.08, a P/E/G ratio of 1.72 and a beta of 1.45. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The business had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. During the same quarter in the prior year, the firm posted $1.68 EPS. The firm’s revenue for the quarter was up 19.6% on a year-over-year basis. On average, equities research analysts predict that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Insider Activity at Amazon.com

In other news, CEO Douglas J. Herrington sold 3,741 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $262.76, for a total value of $982,985.16. Following the completion of the sale, the chief executive officer directly owned 467,138 shares in the company, valued at approximately $122,745,180.88. The trade was a 0.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 6,741 shares of company stock valued at $1,767,335 over the last 90 days. Company insiders own 8.90% of the company’s stock.

Amazon.com News Summary

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

• Positive Sentiment: AWS and AI remain the main catalyst. AWS growth of roughly 37% in the latest quarter, along with AI-related demand from customers including Anthropic and OpenAI, is driving optimism that cloud revenue could reach $222 billion in 2027—well above consensus. Citizens reiterated a Market Outperform rating with a $315 price target, while other analysts’ targets remain substantially above the current valuation. Amazon Stock is Trending Higher: What’s Going On Today?
• Positive Sentiment: Amazon is expanding future logistics businesses. Prime Air plans to reach nearly 500 U.S. cities and towns by year-end, though regulatory approval for beyond-visual-line-of-sight operations is still needed. Separately, Zoox has begun offering autonomous rides in San Francisco, increasing Amazon’s exposure to the robotaxi market. Amazon’s Drone Bet Is Getting Serious
• Positive Sentiment: Valuation and investor support are helping sentiment. Several reports characterize AMZN as relatively inexpensive compared with its growth prospects, while Stanley Druckenmiller and David Tepper increased or held significant positions in the company during the second quarter. David Tepper’s Amazon Position
• Neutral Sentiment: Automation could improve long-term margins. Project Tetromino reportedly aims to create highly automated delivery stations, with more than $530 million of planned investment by 2029. The project could reduce fulfillment costs, but it also adds execution and spending risk. Amazon’s Tetromino Project
• Negative Sentiment: Higher costs are a key risk. Amazon raised prices on Echo, Fire TV, Kindle and eero devices by as much as 60%, citing a memory shortage. The move may protect hardware margins but could reduce demand and hurt competitiveness. Amazon Hikes Hardware Prices
• Negative Sentiment: AI investment is pressuring cash flow. Amazon’s aggressive infrastructure spending—including a reported $220 billion 2026 capital-expenditure target—has contributed to negative free cash flow despite stronger operating cash flow. Shares also remain exposed to technology-sector volatility, a Twitch-related AI lawsuit and sustained insider selling.

About Amazon.com

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.