Eagle Capital Management Reduces $52M in Amazon.com, Inc. ($AMZN)

Eagle Capital Management trims its stake in Amazon by 219,989 shares, now holding 11.75 million shares.

Written by Trueearnings · Published Jun 12, 2026, 9:28 PM EDT · Updated Jun 14, 2026, 4:42 AM EDT

Key Points

Eagle Capital Management reduced its Amazon holdings by 219,989 shares, now holding 11.75 million shares valued at $2.8 billion.
Amazon's stock trades near $238.53 with a market cap of $2.57 trillion and a P/E ratio of 31.26.
Insiders, including CEO Andrew Jassy, recently sold shares, while analysts maintain a strong buy rating with targets up to $350.

Eagle Capital Management has trimmed its holdings in Amazon.com, Inc. (NasdaqGS: AMZN) by 219,989 shares, according to its latest Form 13F filing with the SEC. As of the end of the reporting period, the fund held 11,753,916 shares, valued at approximately $2.8 billion.

What Changed in Eagle Capital Management's Amazon.com, Inc. Position

Eagle Capital Management reduced its position in Amazon by about 220,000 shares, a decrease of 1.84%. This reduction brought their total holdings to 11,753,916 shares. The shares are valued at roughly $2.8 billion as of the filing.

Other Institutional Activity in Amazon.com, Inc.

Several other major funds have also adjusted their positions in Amazon. BlackRock, Inc. increased its holdings by 1,189,128 shares, bringing its total to 735,564,992 shares worth about $153.2 billion. State Street Corp added 1,797,200 shares, ending with 390,450,321 shares valued at $81.3 billion. Meanwhile, FMR LLC boosted its position by 27,227,887 shares to 358,698,691 shares, valued at $74.7 billion. Geode Capital Management, LLC added 8,107,063 shares, now holding 233,228,057 shares worth approximately $48.4 billion.

Amazon.com, Inc. Stock Snapshot

Shares of Amazon.com, Inc. traded near $238.53. The company boasts a market capitalization of approximately $2.57 trillion and has a P/E ratio of 31.26. Its forward P/E stands at 24.19. The stock's 52-week range is between $196.00 and $278.56, with a 50-day moving average of $254.21 and a 200-day moving average of $232.46. Amazon has a beta of 1.444, indicating its volatility relative to the market.

Recent Earnings

Amazon reported revenue of $742.8 billion, marking a growth of 16.6%. The company's net margin is 12.22%, with a return on equity of 24.29%. Earnings per share (EPS) for the period were $7.63. The next earnings report is expected on April 29, 2026.

Insider Buying and Selling at Amazon.com, Inc.

Recent insider activity at Amazon includes several sales. On June 1, 2026, Doug Herrington, CEO of Worldwide Amazon Stores, sold 1,000 shares at an average price of $266.19. On May 22, 2026, Senior Vice President David Zapolsky sold 9,270 shares at $268.53. Notably, President and CEO Andrew Jassy sold 50,000 shares on May 21, 2026, although the price was not disclosed.

Analysts Set New Price Targets

Analysts remain optimistic about Amazon, with Truist Securities maintaining a 'buy' rating and setting a price target of $320 on May 29, 2026. Wells Fargo also maintained a 'buy' rating with a $312 target on May 20, 2026. The consensus among 63 analysts is a 'strong buy', with a mean target price of $312.51.

About Amazon.com, Inc.

Amazon.com, Inc., headquartered in Seattle, Washington, is a global leader in online retail and technology services. The company operates through segments such as North America, International, and Amazon Web Services (AWS), providing a wide range of consumer products, electronic devices, and media content. Led by CEO Andrew Jassy, Amazon employs over 1.57 million people worldwide.

Bottom Line

Eagle Capital Management's recent reduction in Amazon shares is part of the regular portfolio adjustments funds make. While the 13F filings provide a snapshot of past positions, they may not reflect current holdings. Investors keep an eye on such filings to gauge institutional sentiment and market trends.