Transcendent Capital Group LLC Trims Position in Amazon.com, Inc. $AMZN

Transcendent Capital Group LLC decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 52.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 7,490 shares of the e-commerce giant’s stock after selling 8,353 shares during the quarter. Transcendent Capital Group LLC’s holdings in Amazon.com were worth $1,645,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its position in Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after buying an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC raised its position in Amazon.com by 4.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock worth $5,495,000 after buying an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its stake in shares of Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock worth $442,481,000 after acquiring an additional 54,987 shares during the period. Highview Capital Management LLC DE lifted its stake in shares of Amazon.com by 5.5% in the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock worth $6,357,000 after acquiring an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC purchased a new stake in shares of Amazon.com in the fourth quarter valued at about $2,153,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other news, CEO Douglas J. Herrington sold 4,784 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $198.37, for a total transaction of $949,002.08. Following the completion of the transaction, the chief executive officer directly owned 512,109 shares of the company’s stock, valued at $101,587,062.33. This trade represents a 0.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last three months, insiders have sold 8,284 shares of company stock worth $1,740,052. Company insiders own 10.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Morgan Stanley restated an “overweight” rating and issued a $300.00 price objective (down previously from $315.00) on shares of Amazon.com in a research report on Friday, February 6th. Roth Mkm reissued a “buy” rating and issued a $295.00 price target (up from $270.00) on shares of Amazon.com in a report on Monday, January 26th. Truist Financial decreased their price target on Amazon.com from $290.00 to $280.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. BNP Paribas Exane began coverage on Amazon.com in a report on Monday, November 24th. They set an “outperform” rating on the stock. Finally, Citigroup reduced their target price on Amazon.com from $320.00 to $265.00 and set a “buy” rating for the company in a report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $287.29.

Key Amazon.com News

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

• Positive Sentiment: Amazon announced a $12 billion plan to build AI-focused data center campuses in Louisiana, reinforcing AWS’s capacity for AI workloads and signaling long-term revenue support from cloud/AI demand. Amazon plans $12 billion data center buildout in Louisiana
• Positive Sentiment: Wall Street and large investors are still backing Amazon: multiple firms maintain Buy/Top-AI-pick ratings and some high-profile investors added exposure in Q4, supporting the case that the pullback may be narrative-driven rather than fundamental. Analysts maintain buy on Amazon
• Positive Sentiment: Investor commentary argues the heavy CapEx should be viewed as growth investment (AWS, custom chips and ads/retail AI) that can materially increase future cash flow; some analysts and commentators call the current pullback a buying opportunity. How I Learned To Stop Worrying And Love The CapEx
• Neutral Sentiment: Market/technical context: coverage notes AMZN is in a short-term bear market and trading near key support (~$200); fundamentals (revenue and AWS growth) remain intact but volatility is expected while investors wait for payoff on capex. (MarketBeat coverage)
• Neutral Sentiment: Competitive/industry note — SpaceX/Starlink moves to lower-cost/free hardware intensify competition in connectivity (Kuiper), a peripheral but watchable headwind for parts of Amazon’s connectivity and edge ambitions. Elon Musk says ‘nothing to do’ with Amazon’s Kuiper as Starlink moves to offer free hardware
• Negative Sentiment: Berkshire Hathaway significantly reduced its AMZN holding (reported large stake reduction), which is an influential headline that can amplify selling pressure and investor nervousness around timing and valuation. Before Retiring, Warren Buffett Dumped 77% of Berkshire’s Stake in Amazon
• Negative Sentiment: Broader sell-off drivers: the $200B AI capex plan (and guidance that 2026 spending will spike) has spooked investors about near-term free-cash-flow pressure and ROI timing — some outlets warn the sell-off may continue until clearer returns materialize. Why The Amazon Stock Sell-Off Isn’t Over Yet

Amazon.com Stock Down 2.3%

Amazon.com stock opened at $205.27 on Tuesday. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $258.60. The firm has a market capitalization of $2.20 trillion, a price-to-earnings ratio of 28.63, a price-to-earnings-growth ratio of 1.34 and a beta of 1.37. The stock’s fifty day moving average is $227.87 and its two-hundred day moving average is $228.15. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05.

Amazon.com (NASDAQ:AMZN) last issued 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). The business had revenue of $213.39 billion during the quarter, compared to analyst estimates of $211.02 billion. Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. Amazon.com’s revenue was up 13.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.86 earnings per share. Analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Amazon.com 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.