Livforsakringsbolaget Skandia, Omsesidigt 13F: Cuts AMZN Stake by $4M
Key Points
- Livforsakringsbolaget Skandia reduced its Amazon.com, Inc. holdings by 16,000 shares, bringing its total stake to 458,381 shares valued at $114,205,626.
- Amazon.com, Inc. recently traded near $262.28 as Wall Street analysts maintain a consensus strong buy rating ahead of the October 29 earnings release.
- Company insiders, including officers Douglas J. Herrington and David A. Zapolsky, executed multiple share sales over the prior two months.
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Livforsakringsbolaget Skandia trimmed its stake in Amazon.com, Inc. AMZN by 16,000 shares during the quarter, according to a Form 13F filed with the SEC on October 21, 2026.
The filing shows the fund held 458,381 shares of the retail and cloud giant at the end of the period, down from 474,381 shares previously. This adjustment marks a 3.4% decrease in the fund's position, leaving its remaining holdings valued at $114,205,626.
AMZN
Amazon.com, Inc.
Other Institutional Activity in Amazon.com, Inc.
Other institutional investors have been adjusting their portfolios around the e-commerce titan as well. Bell Bank grew its holdings by 4,582 shares, ending the period with 71,599 shares worth about $17,838,891.
Amazon.com, Inc. Stock Down 3.5%
Amazon shares recently traded around $262.28 as of October 22, 2026, sitting close to the closing price of $262.37 recorded on the day of the filing. The stock changes hands below its 52-week high of $287.20 but stays well above its 52-week low of $196.00. The shares currently rest above both their 50-day moving average of $256.33 and their 200-day moving average of $243.21.
Recent Earnings
For the trailing twelve months, the company generated $775,680,032,768 in revenue alongside earnings of $12.43 per share. Profitability remains strong with a net profit margin of 17.4% and a return on equity of 30.6%. The company's next earnings report is scheduled for October 29, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
23 analysts raised price targets.
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EPS & revenue
EPS missed estimates by 3.6%. Revenue met estimates.
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Profit surprise
EBITDA beat by 31 percent. Operating income beat by 90 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
23 target raises.
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Earnings quality
Gross margin up 1.3 points. Operating margin up 1.3 points. Positive free cash flow.
Earnings Call Summary
Amazon had a strong first quarter with $181.5 billion in revenue and record 13.1 percent operating margin. Cloud computing services grew 28 percent year over year, the fastest pace in 15 quarters, driven by artificial intelligence demand. The company is investing tens of billions in data centers and chips, expecting these upfront costs to deliver strong returns in future years as customers pay for the capacity.
Guidance Amazon expects second quarter sales between $194 billion and $199 billion, up from first quarter's $181.5 billion. Operating income should reach $20 billion to $24 billion as the company invests heavily in artificial intelligence and new satellites for the Amazon LEO business.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Insider Buying and Selling at Amazon.com, Inc.
Company insiders executed several share sales in the months leading up to the filing. On August 21, 2026, officer Douglas J. Herrington sold 6,362 shares for a total value of $1,647,810. A few days later on August 24, officer David A. Zapolsky disposed of 15,430 shares worth $4,004,345. Herrington returned to the market on September 1 to sell 1,000 shares at $254.77 for a $254,770 total, followed by another sale of 1,000 shares on October 1 at $251.50 valued at $251,500.
Analysts Set New Price Targets
Wall Street firms remain bullish on the consumer cyclical giant. On October 5, 2026, TD Cowen reiterated its buy rating with a $350.00 price target. Tigress Financial maintained a buy rating on October 6 and lifted its target from $315.00 to $385.00. Wells Fargo kept an overweight rating with a $329.00 target on October 12, while Cantor Fitzgerald maintained an overweight rating with a $310.00 target on the same day. Later, Morgan Stanley kept an overweight rating and raised its target from $335.00 to $350.00 on October 19. The stock carries a consensus strong buy rating and a mean price target of $331.72 across 58 analyst opinions.
About Amazon.com, Inc.
Amazon operates online and physical retail stores alongside a massive cloud computing division known as Amazon Web Services. The company sells a wide variety of consumer goods, media content, and digital devices such as Kindle e-readers and Echo speakers while also running a large digital advertising business.
Bottom Line
Investors will focus on the upcoming earnings report on October 29, 2026, for fresh signals on revenue and profit trends. Institutional updates and analyst targets will continue to provide context on market sentiment heading into the final stretch of the year.
Related Filing Alerts
Source: Livforsakringsbolaget Skandia, Omsesidigt's 13F filing on $AMZN (Oct 21, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts