Buffett Sells Amazon Shares and Buys New York Times Stock
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 19 2026
0mins
Should l Buy AMZN?
Source: NASDAQ.COM
- Amazon Stock Sale: In his final quarter as CEO, Warren Buffett approved the sale of over 7 million shares of Amazon, valued at approximately $1.8 billion, reflecting a reassessment of tech stocks that could impact Berkshire's portfolio diversity.
- New Investment Position: Berkshire opened a new position in The New York Times Company, acquiring over 5 million shares at an average price of $61.09, with current trading around $78, indicating potential gains and Buffett's confidence in digital media.
- Digital Subscription Growth: The New York Times reported 12.78 million subscribers, with 12.21 million being digital-only, meaning digital subscriptions account for 47.5% of quarterly revenue, showcasing the company's success in digital transformation and enhancing its market competitiveness.
- Ad Revenue Surge: Digital ad revenue increased by 24.9% year-over-year to $147.2 million, further driving overall revenue growth and demonstrating the effectiveness of the digital strategy and future growth potential.
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Analyst Views on AMZN
Wall Street analysts forecast AMZN stock price to rise
44 Analyst Rating
41 Buy
3 Hold
0 Sell
Strong Buy
Current: 272.680
Low
175.00
Averages
280.01
High
325.00
Current: 272.680
Low
175.00
Averages
280.01
High
325.00
About AMZN
Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content it has purchased for resale and products offered by third-party sellers. The Company’s segments include North America, International and Amazon Web Services (AWS). It serves consumers through its online and physical stores and focuses on selection, price, and convenience. Customers access its offerings through its websites, mobile apps, Alexa, devices, streaming, and physically visiting its stores. It also manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and develops and produces media content. It serves developers and enterprises of all sizes, including start-ups, government agencies, and academic institutions, through AWS, which offers a set of on-demand technology services, including compute, storage, database, analytics, and machine learning, and other services.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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