Amazon.com, Inc. $AMZN is Main Street Research LLC’s 10th Largest Position

Posted by Geri Gentry on Jul 22nd, 2026

Main Street Research LLC boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 269,193 shares of the e-commerce giant’s stock after purchasing an additional 9,344 shares during the period. Amazon.com accounts for approximately 3.3% of Main Street Research LLC’s portfolio, making the stock its 10th biggest position. Main Street Research LLC’s holdings in Amazon.com were worth $56,065,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Red Crane Wealth Management LLC grew its stake in shares of Amazon.com by 2.3% in the 1st quarter. Red Crane Wealth Management LLC now owns 1,663 shares of the e-commerce giant’s stock valued at $346,000 after buying an additional 38 shares in the last quarter. Lifelong Wealth Advisors Inc. raised its position in Amazon.com by 2.4% during the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock valued at $402,000 after acquiring an additional 41 shares in the last quarter. Financial Connections Group Inc. raised its position in Amazon.com by 2.6% during the fourth quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant’s stock valued at $376,000 after acquiring an additional 42 shares in the last quarter. Marquette Asset Management LLC lifted its stake in Amazon.com by 5.1% in the fourth quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant’s stock valued at $205,000 after acquiring an additional 43 shares during the last quarter. Finally, Wernau Asset Management Inc. grew its position in Amazon.com by 0.4% in the first quarter. Wernau Asset Management Inc. now owns 10,231 shares of the e-commerce giant’s stock worth $2,131,000 after acquiring an additional 43 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Trending Headlines about Amazon.com

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

Positive Sentiment: Amazon Business reached a $60 billion annualized sales run rate, with more than 1.8 million organizations joining in the first half of the year, reinforcing the strength of Amazon’s B2B platform. Amazon Business Hits $60 Billion in Annualized Sales
Positive Sentiment: Multiple articles highlighted Amazon as an attractive AI cloud stock, citing AWS growth, a lower valuation than Microsoft, and improving sentiment around Amazon’s AI infrastructure buildout. Amazon vs. Microsoft: Which AI Cloud Titan Is the Better Investment?
Positive Sentiment: Analysts and commentators continued to argue that Amazon is undervalued relative to its AI capex plans, with bullish takes focused on AWS, Trainium chips, and the company’s strategic position in artificial intelligence. Is Amazon.com (AMZN) Undervalued Following Its $200b AI Infrastructure Push?
Neutral Sentiment: Amazon also got publicity from Jeff Bezos-related and Amazon-marketplace stories, plus a new satellite-business finance hire, but these items are unlikely to move the stock much by themselves. Amazon taps Alexa executive as Leo satellite business’s first finance VP
Neutral Sentiment: Bill Ackman reportedly called Amazon a “cheap stock,” adding to the bullish long-term narrative, but this is more sentiment support than a direct catalyst. Bill Ackman Says META and AMZN Are ‘Cheap Stocks’ Despite Their Massive Size
Negative Sentiment: A separate report said Amazon may be losing some competitive edge on delivery speed, which could reinforce worries about retail margin pressure and execution. Amazon may be losing its biggest competitive edge
Negative Sentiment: Some coverage focused on Amazon’s large AI spending plans and shrinking free cash flow, suggesting investors are still skeptical that the capex will translate into near-term profits. Big Tech Is Minting Mountains of Cash — But Amazon’s Is Vanishing
Negative Sentiment: There was also an article warning that Amazon’s cash-flow picture needs watching ahead of earnings, keeping attention on whether the AI and cloud investments are paying off fast enough. Amazon’s (AMZN) AI Strategy Continues to Grow, but Cash Flow Needs Watching

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a research note on Thursday, June 18th. Wedbush initiated coverage on shares of Amazon.com in a research report on Thursday, July 16th. They set an “outperform” rating and a $293.00 target price on the stock. The Goldman Sachs Group restated a “buy” rating and set a $335.00 target price on shares of Amazon.com in a report on Thursday, July 9th. Wolfe Research reaffirmed an “outperform” rating and issued a $320.00 price target (up from $245.00) on shares of Amazon.com in a research report on Thursday, April 30th. Finally, Evercore boosted their price target on Amazon.com from $285.00 to $315.00 and gave the stock an “outperform” rating in a research report on Thursday, April 30th. Fifty-seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $312.91.

Get Our Latest Research Report on Amazon.com

Amazon.com Stock Performance

NASDAQ:AMZN opened at $247.55 on Wednesday. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $278.56. The firm’s fifty day simple moving average is $250.08 and its 200 day simple moving average is $236.20. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $2.66 trillion, a PE ratio of 29.61, a PEG ratio of 1.86 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, topping the consensus estimate of $1.63 by $1.15. The firm had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The business’s quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.59 EPS. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 7.75 EPS for the current year.

Insider Buying and Selling

In other news, CEO Andrew R. Jassy sold 20,000 shares of Amazon.com stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $263.42, for a total value of $5,268,400.00. Following the transaction, the chief executive officer directly owned 2,205,766 shares in the company, valued at approximately $581,042,879.72. The trade was a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 15,467 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $263.40, for a total value of $4,074,007.80. Following the transaction, the chief executive officer directly owned 14,159 shares of the company’s stock, valued at $3,729,480.60. This represents a 52.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 144,274 shares of company stock valued at $38,716,204 in the last quarter. Insiders own 8.90% of the company’s stock.

Amazon.com Profile

(Free Report)

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.