Recent filings and disclosures reflect continued activity around Amazon.com Inc. (AMZN) heading into mid-2026. The report was prompted by notable insider selling over the past 30 days and material changes in institutional positioning disclosed through regulatory filings. No specific company briefing data was provided for this period, so the news context is drawn directly from filing records and verified data sources [SEC Form 4 - AMZN - 2026-05].
As of 31 March 2026, Amazon reported trailing twelve-month revenue of $742.8 billion, representing year-over-year growth of 16.6% [SEC 10-Q - AMZN - 2026-03-31]. Net income on a TTM basis stood at $90.8 billion, with a net margin of 12.2% and an operating margin of 11.5%. EPS grew 74.8% year-over-year on the same trailing basis. The company held $101.8 billion in cash against total debt of $122.8 billion. Market capitalisation was recorded at approximately $2.87 trillion, with a P/E ratio of 31.9 [SEC 10-Q - AMZN - 2026-03-31].
Insider activity over the past 30 days comprised 17 transactions with a net direction of selling, totalling a net disposal value of approximately $22.5 million [SEC Form 4 - AMZN - 2026-05]. On the institutional side, Millennium Management (Izzy Englander) added 12% to its position, Pershing Square (Bill Ackman) added 19%, and AQR Capital (Cliff Asness) added 6.1% [SEC 13F - Millennium - Q1 2026; SEC 13F - PershingSquare - Q1 2026; SEC 13F - AQR - Q1 2026]. Citadel (Ken Griffin) reduced its position by 9.8% and Coatue (Philippe Laffont) reduced its position by 20% [SEC 13F - Citadel - Q1 2026; SEC 13F - Coatue - Q1 2026].
The prevailing macro environment as of the report date shows the 10-year US Treasury yield (DGS10) at 4.57% and the 2-year yield (DGS2) at 4.08%, producing a normal yield curve with a spread of 49 basis points [FRED DGS10; FRED DGS2]. This rate configuration represents the broader context in which large-capitalisation equities such as AMZN are currently priced and traded.