Steinberganna Wealth Management initiated a new stake in Amazon during Q3, acquiring 6,893 shares valued at roughly $1.51 million, representing 0.7% of its portfolio and ranking Amazon as its 28th largest holding. Meanwhile, Vanguard Group boosted its position by 2.1% in Q2, adding 17.45 million shares to reach 849.72 million shares, State Street increased its stake by 1.4% to 374.10 million shares, and Geode Capital Management expanded by 1.7% to 216.72 million shares. Kingstone Capital Partners Texas made a dramatic increase of 542,733.6% to hold 132.64 million shares, and Norges Bank established a new position valued at $27.44 billion. Collectively, institutional and hedge fund ownership stands at 72.20% of outstanding stock.

Director Daniel P. Huttenlocher and CEO Andrew R. Jassy each executed secondary sales in November, with Huttenlocher selling 1,237 shares for $280,316.57 and reducing his holding by 4.52%, and Jassy selling 19,872 shares for $4.31 million, trimming his position by 0.89%. Over the past three months insiders have offloaded 79,734 shares valued at $18.53 million, now representing 9.70% of total shares outstanding.

In the quarter ended September 30th, Amazon delivered adjusted earnings per share of $1.95, surpassing consensus estimates by $0.38. Revenue reached $180.17 billion, 1.5% above analysts’ forecast and up 13.4% year-over-year. Net margin stood at 11.06% and return on equity at 23.62%. The company’s current ratio is 1.01, quick ratio 0.80, and debt-to-equity ratio 0.14, underscoring a conservative balance sheet.

As part of its operational efficiency drive, Amazon plans a second wave of approximately 14,000 corporate layoffs, following 14,000 cuts in October 2025. These reductions will touch units across AWS, retail, Prime Video and People Experience and Technology, targeting roughly 10% of the company’s white-collar workforce to streamline management layers and accelerate decision-making.