Camelot Portfolios LLC Has $2.51 Million Stake in Amazon.com, Inc. $AMZN

Camelot Portfolios LLC cut its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 37.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,861 shares of the e-commerce giant’s stock after selling 6,434 shares during the quarter. Amazon.com makes up 1.5% of Camelot Portfolios LLC’s portfolio, making the stock its 6th largest holding. Camelot Portfolios LLC’s holdings in Amazon.com were worth $2,507,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Fairway Wealth LLC grew its holdings in shares of Amazon.com by 113.2% during the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock valued at $25,000 after purchasing an additional 60 shares during the last quarter. Sellwood Investment Partners LLC acquired a new position in shares of Amazon.com during the third quarter worth approximately $27,000. Bridge Generations Wealth Management LLC boosted its position in shares of Amazon.com by 2,330.0% during the third quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant’s stock worth $53,000 after buying an additional 233 shares during the period. Cooksen Wealth LLC boosted its position in shares of Amazon.com by 23.5% during the second quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock worth $54,000 after buying an additional 47 shares during the period. Finally, Sagard Holdings Management Inc. acquired a new position in shares of Amazon.com during the second quarter worth approximately $79,000. 72.20% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on AMZN shares. Scotiabank reiterated an “outperform” rating and set a $325.00 price objective (up from $275.00) on shares of Amazon.com in a research report on Thursday, April 30th. KeyCorp boosted their price objective on Amazon.com from $325.00 to $330.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Sanford C. Bernstein reiterated an “outperform” rating and set a $315.00 price objective (up from $300.00) on shares of Amazon.com in a research report on Thursday, April 30th. Moffett Nathanson boosted their price objective on Amazon.com from $283.00 to $288.00 and gave the stock a “buy” rating in a research report on Tuesday, April 7th. Finally, Citigroup reiterated a “buy” rating and set a $325.00 price objective (up from $285.00) on shares of Amazon.com in a research report on Thursday, April 30th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $312.67.

Insider Buying and Selling

In other Amazon.com news, CEO Andrew R. Jassy sold 31,352 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $275.00, for a total value of $8,621,800.00. Following the transaction, the chief executive officer owned 2,175,766 shares of the company’s stock, valued at approximately $598,335,650. This represents a 1.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 17,751 shares of the company’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total value of $3,642,860.22. Following the completion of the transaction, the chief executive officer directly owned 9,405 shares in the company, valued at $1,930,094.10. This represents a 65.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 201,026 shares of company stock worth $49,128,874 over the last three months. Corporate insiders own 8.90% of the company’s stock.

Key Stories Impacting Amazon.com

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: AWS continues to benefit from AI demand, with new interest in Trainium chips and fresh enterprise partnerships such as AVEVA, reinforcing Amazon’s cloud growth story. AVEVA and Amazon Web Services Announce Multi-Year Strategic Collaboration to Accelerate Industrial Intelligence in the Cloud
• Positive Sentiment: Several articles and investor notes described Amazon as an underappreciated AI winner, helping support the stock’s long-term thesis despite short-term volatility. Amazon Might Be the Most Obvious AI Stock Investors Are Missing
• Neutral Sentiment: CEO Matthew S. Garman sold shares under a pre-arranged trading plan, which is usually not a business red flag but can still weigh on investor sentiment. SEC filing for Matthew S. Garman sale
• Neutral Sentiment: Douglas J. Herrington also sold shares in a planned transaction, adding to headlines around insider activity without changing the company’s operating outlook. SEC filing for Douglas J. Herrington sale
• Negative Sentiment: Amazon faces a class-action lawsuit over tariff cost claims, which introduces legal and reputational uncertainty for the retailer. Amazon faces class action over tariff cost claims

Amazon.com Stock Performance

AMZN opened at $259.32 on Wednesday. The company has a market capitalization of $2.79 trillion, a price-to-earnings ratio of 31.02, a price-to-earnings-growth ratio of 1.98 and a beta of 1.46. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $278.56. The business has a 50 day moving average price of $236.31 and a two-hundred day moving average price of $231.15.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $1.15. The firm had revenue of $181.52 billion during the quarter, compared to the consensus estimate of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The firm’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.59 earnings per share. Research analysts predict that Amazon.com, Inc. will post 7.71 EPS for the current fiscal year.

Amazon.com Company Profile

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.