Amazon.com, Inc. $AMZN Stock Position Increased by Perkins Coie Trust Co

Perkins Coie Trust Co increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 8.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,962 shares of the e-commerce giant’s stock after buying an additional 3,775 shares during the quarter. Amazon.com comprises approximately 1.9% of Perkins Coie Trust Co’s holdings, making the stock its 14th largest position. Perkins Coie Trust Co’s holdings in Amazon.com were worth $10,092,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Amazon.com by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock worth $186,420,422,000 after purchasing an additional 17,447,045 shares in the last quarter. State Street Corp grew its position in Amazon.com by 1.4% in the second quarter. State Street Corp now owns 374,097,285 shares of the e-commerce giant’s stock worth $82,073,203,000 after buying an additional 5,163,208 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Amazon.com by 1.7% during the 2nd quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant’s stock valued at $47,332,625,000 after acquiring an additional 3,721,658 shares during the last quarter. Kingstone Capital Partners Texas LLC boosted its stake in shares of Amazon.com by 542,733.6% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock worth $29,100,194,000 after acquiring an additional 132,616,953 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Amazon.com during the 2nd quarter worth $27,438,011,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Stock Performance

Shares of AMZN stock opened at $232.14 on Wednesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.01 and a quick ratio of 0.80. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $258.60. The stock’s 50-day moving average is $230.01 and its two-hundred day moving average is $225.92. The firm has a market cap of $2.48 trillion, a P/E ratio of 32.79, a PEG ratio of 1.57 and a beta of 1.37.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.38. The business had revenue of $180.17 billion during the quarter, compared to analyst estimates of $177.53 billion. Amazon.com had a return on equity of 23.62% and a net margin of 11.06%.The firm’s revenue was up 13.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.43 EPS. Analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Mizuho downgraded Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Benchmark upped their price objective on shares of Amazon.com from $260.00 to $295.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Rothschild Redb downgraded shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Barclays restated an “overweight” rating and issued a $300.00 price target (up previously from $275.00) on shares of Amazon.com in a research report on Friday, October 31st. Finally, Wolfe Research raised their price objective on shares of Amazon.com from $265.00 to $270.00 in a research note on Tuesday, September 30th. Two research analysts have rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and a consensus price target of $295.50.

Amazon.com News Summary

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

• Positive Sentiment: Third Point raised its stake in Amazon, signaling confidence from a well-known activist investor and adding buying pressure from funds that track or follow marquee holders. Billionaire Investor Bets Bigger On Amazon As Cloud, AI Soar
• Positive Sentiment: Technical/order-flow traders flagged a Power Inflow alert around $230.21, a bullish short-term signal that can attract momentum traders and help lift the intraday price. Amazon Shares Hit Intraday High After Key Trading Signal
• Positive Sentiment: Amazon announced new AI integrations for Alexa with partners including Expedia, Yelp, Angi and Square — a product push that supports service revenue growth and AI monetization opportunities. Amazon Intros AI Integrations For Alexa With Square, Expedia, Yelp and Angi
• Positive Sentiment: Multiple analysts continue to reiterate Buy ratings and $300+ price targets, and firms like BMO have lifted AWS growth forecasts — reinforcing a bullish medium-term narrative tied to AI-driven cloud demand. That analyst backing supports investor conviction. Amazon Looks Stuck—So Why Do Analysts Keep Calling for $300?
• Neutral Sentiment: Amazon Now (ultra-fast urban delivery) and continued AWS execution are framed as catalysts, but investors are waiting for proof that speed scales without margin damage — so these are potential positives that need execution. Amazon Now Delivery Push Could Boost Its 2026 Outlook
• Negative Sentiment: Zoox, Amazon’s self-driving unit, is recalling 332 U.S. vehicles over an automated-driving software error — a regulatory and execution risk that could draw scrutiny and near-term costs. Amazon’s Zoox to recall 332 US vehicles over software error, NHTSA says
• Negative Sentiment: Sen. Elizabeth Warren and others are probing whether big cloud/AI players are shifting data-center energy costs onto consumers — a regulatory risk that could pressure sentiment around AWS and broader policy exposure. Elizabeth Warren Warns Amazon And Meta Could Be Passing AI Data Center Costs Onto Consumers
• Neutral Sentiment: Bolivia’s decree to allow satellite ISPs mentions companies (including Amazon) planning data-center investment — a longer-term market expansion note but unlikely to move the stock immediately. Bolivia lifts restrictions on satellite companies like Starlink to upgrade its internet connectivity

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction on Monday, December 1st. The shares were sold at an average price of $233.22, for a total value of $583,050.00. Following the completion of the sale, the chief executive officer owned 505,934 shares of the company’s stock, valued at approximately $117,993,927.48. The trade was a 0.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Matthew S. Garman sold 17,768 shares of the company’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $216.90, for a total transaction of $3,853,879.20. Following the completion of the sale, the chief executive officer owned 6,273 shares of the company’s stock, valued at $1,360,613.70. This represents a 73.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 82,234 shares of company stock valued at $19,076,767. 10.80% of the stock is owned by company insiders.

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.