--- title: "Lone Pine Capital trims Amazon.com stake by 2.4M shares" type: "News" locale: "en" url: "https://longbridge.com/en/news/286659794.md" description: "Lone Pine Capital LLC has reduced its stake in Amazon.com, Inc. by 2.4 million shares. Despite this, TipRanks’ AI Analyst rates AMZN as an Outperform, citing strong profitability and AWS/AI momentum, though recent free-cash-flow conversion is weak. The stock has a P/E of ~31.7 and no dividend yield." datetime: "2026-05-17T03:34:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286659794.md) - [en](https://longbridge.com/en/news/286659794.md) - [zh-HK](https://longbridge.com/zh-HK/news/286659794.md) --- # Lone Pine Capital trims Amazon.com stake by 2.4M shares ### Claim 55% Off TipRanks New trading tool for AMZN bulls Lone Pine Capital LLC, managed by Steve Mandel, recently executed a significant transaction involving Amazon.Com, Inc. ((AMZN)). The hedge fund reduced its position by 2,414,520 shares. **Spark’s Take on AMZN Stock** According to Spark, TipRanks’ AI Analyst, AMZN is a Outperform. AMZN scores well on improving profitability and balance-sheet leverage, with supportive guidance and strong AWS/AI momentum. The score is held back by weak recent free-cash-flow conversion amid heavy investment/capex and by stretched technical momentum signals. Valuation is also a modest headwind given a ~31.7 P/E and no dividend yield provided. To see Spark’s full report on AMZN stock, click here. **More about Amazon.Com, Inc.** **YTD Price Performance:** 14.44% **Average Trading Volume:** 46,607,181 **Current Market Cap:** $2841.4B ### Related Stocks - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [AMZZ.US](https://longbridge.com/en/quote/AMZZ.US.md) - [AMZD.US](https://longbridge.com/en/quote/AMZD.US.md) - [AMZW.US](https://longbridge.com/en/quote/AMZW.US.md) - [XRT.US](https://longbridge.com/en/quote/XRT.US.md) - [AMZU.US](https://longbridge.com/en/quote/AMZU.US.md) - [RTH.US](https://longbridge.com/en/quote/RTH.US.md) - [EBIZ.US](https://longbridge.com/en/quote/EBIZ.US.md) - [ONLN.US](https://longbridge.com/en/quote/ONLN.US.md) - [IBUY.US](https://longbridge.com/en/quote/IBUY.US.md) ## Related News & Research - [Amazon.com Adds AI-Powered Alexa Responses to Shopping Search Bar](https://longbridge.com/en/news/286329275.md) - [Coquina Private Wealth LLC Takes $3.10 Million Position in Amazon.com, Inc. $AMZN](https://longbridge.com/en/news/286731620.md) - [Vuelve la Semana de básicos del día a día de Amazon: miles de ofertas en productos esenciales del 13 al 19 de mayo](https://longbridge.com/en/news/286228978.md) - [Tornano i Made in Italy Days: Amazon celebra l'eccellenza artigianale italiana con 7 giorni di offerte esclusive](https://longbridge.com/en/news/286212655.md) - [AWS targets AI slop with new spec check in Kiro coding tool, amid scrutiny of agent reliability](https://longbridge.com/en/news/286140942.md)