Narwhal Capital Management Increases Position in Amazon.com, Inc. $AMZN

Narwhal Capital Management raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.3% during the 4th quarter, Holdings Channel reports. The fund owned 216,606 shares of the e-commerce giant’s stock after purchasing an additional 4,854 shares during the period. Amazon.com makes up approximately 3.6% of Narwhal Capital Management’s portfolio, making the stock its 7th largest holding. Narwhal Capital Management’s holdings in Amazon.com were worth $49,997,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in AMZN. Fairway Wealth LLC raised its stake in Amazon.com by 113.2% during the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock valued at $25,000 after acquiring an additional 60 shares in the last quarter. Sellwood Investment Partners LLC bought a new stake in Amazon.com during the 3rd quarter valued at $27,000. Bridge Generations Wealth Management LLC raised its stake in Amazon.com by 2,330.0% during the 3rd quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant’s stock valued at $53,000 after acquiring an additional 233 shares in the last quarter. Cooksen Wealth LLC raised its stake in Amazon.com by 23.5% during the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock valued at $54,000 after acquiring an additional 47 shares in the last quarter. Finally, Harbor Investment Advisory LLC raised its stake in Amazon.com by 2.4% during the 4th quarter. Harbor Investment Advisory LLC now owns 309,697 shares of the e-commerce giant’s stock valued at $71,000 after acquiring an additional 7,329 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Up 1.3%

AMZN opened at $268.46 on Friday. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $278.56. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18. The stock’s fifty day moving average is $238.43 and its 200-day moving average is $231.62. The company has a market capitalization of $2.89 trillion, a PE ratio of 32.11, a P/E/G ratio of 1.98 and a beta of 1.46.

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

Analyst Ratings Changes

Several analysts have weighed in on the company. Stifel Nicolaus set a $319.00 target price on Amazon.com and gave the company a “buy” rating in a research note on Thursday, April 30th. Citizens Jmp reaffirmed a “market outperform” rating and set a $315.00 target price on shares of Amazon.com in a research note on Friday, April 10th. Pivotal Research reaffirmed a “buy” rating and set a $320.00 target price (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. TD Securities raised Amazon.com to a “buy” rating in a research note on Monday, April 13th. Finally, Piper Sandler reissued an “overweight” rating and issued a $315.00 price objective (up from $260.00) on shares of Amazon.com in a research note on Thursday, April 30th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $312.66.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Wall Street commentary stayed constructive, with multiple reports highlighting AWS strength, AI-driven demand, and a bullish case for Amazon to keep compounding earnings and margins. Why Wall Street Thinks Amazon Stock Can Rally 40% to $370
• Positive Sentiment: Bank of America said Amazon’s new Alexa for Shopping could become a long-term retail growth driver and help defend its e-commerce position against AI competitors. Amazon’s Alexa for Shopping seen driving long-term retail growth
• Positive Sentiment: Analysts and market coverage continued to frame Amazon as a leading AI beneficiary, with fresh pieces pointing to AWS, Trainium chips, and orbit/connectivity ambitions as additional growth levers. Amazon Accelerates Orbital Connectivity & AWS Ambitions – Reiterate Buy
• Positive Sentiment: Top investors were also cited as buying or holding Amazon, including Bill Ackman’s larger position, which may be adding to sentiment around the stock. Billionaire Bill Ackman Piled Into Amazon and Microsoft
• Neutral Sentiment: Amazon won a court ruling rejecting a tariff-evasion claim, removing a legal overhang, but it is more of a cleanup item than a major new catalyst. Amazon.com defeats appeal claiming it aided tariff evasion
• Neutral Sentiment: Several insiders, including executives, sold shares under pre-arranged plans; this usually does not signal a change in fundamentals, but it can temper enthusiasm. Amazon insider trades
• Negative Sentiment: Amazon is also facing fresh criticism and policy risk tied to AI energy use, climate goals, and Canadian streaming/content regulation affecting large online platforms. Shareholders Press Big Tech Over AI Energy Use and Climate Goals

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com stock in a transaction on Monday, May 4th. The stock was sold at an average price of $275.00, for a total value of $7,562,500.00. Following the transaction, the chief executive officer directly owned 471,361 shares in the company, valued at $129,624,275. The trade was a 5.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 10,649 shares of Amazon.com stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total value of $2,187,624.07. Following the completion of the transaction, the senior vice president owned 41,190 shares in the company, valued at $8,461,661.70. The trade was a 20.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 201,026 shares of company stock valued at $49,128,874. Insiders own 8.90% of the company’s stock.

Amazon.com 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.