Amazon.com, Inc. $AMZN Shares Purchased by Marco Investment Management LLC

Marco Investment Management LLC boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 7.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 49,114 shares of the e-commerce giant’s stock after purchasing an additional 3,387 shares during the quarter. Marco Investment Management LLC’s holdings in Amazon.com were worth $11,336,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in AMZN. Fairway Wealth LLC lifted its position in Amazon.com by 113.2% in the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after purchasing an additional 60 shares during the period. Sellwood Investment Partners LLC acquired a new stake in Amazon.com in the third quarter worth approximately $27,000. MilWealth Group LLC lifted its position in Amazon.com by 79.0% in the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after purchasing an additional 79 shares during the period. Bridge Generations Wealth Management LLC lifted its position in Amazon.com by 2,330.0% in the third quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant’s stock worth $53,000 after purchasing an additional 233 shares during the period. Finally, Cooksen Wealth LLC lifted its position in Amazon.com by 23.5% in the second quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock worth $54,000 after purchasing an additional 47 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on AMZN shares. Barclays reaffirmed an “overweight” rating and issued a $330.00 price target (up from $300.00) on shares of Amazon.com in a report on Thursday, April 30th. Wells Fargo & Company set a $312.00 price target on Amazon.com and gave the company an “overweight” rating in a report on Wednesday, May 20th. BMO Capital Markets upped their price target on Amazon.com from $310.00 to $315.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. William Blair reaffirmed an “outperform” rating on shares of Amazon.com in a report on Thursday, April 9th. Finally, Canaccord Genuity Group upped their price target on Amazon.com from $300.00 to $330.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Fifty-seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $312.52.

Insider Activity at Amazon.com

In other news, CEO Douglas J. Herrington sold 27,500 shares of the company’s stock in a transaction on Monday, May 4th. The shares were 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 of the company’s stock, valued at approximately $129,624,275. This represents a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction of $8,621,800.00. Following the completion of the transaction, the chief executive officer directly owned 2,175,766 shares in the company, valued at $598,335,650. This trade represents a 1.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 194,774 shares of company stock valued at $51,348,244. 8.90% of the stock is owned by insiders.

Amazon.com News Summary

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

• Positive Sentiment: Wall Street remains constructive on Amazon, with multiple bullish notes reiterating Buy ratings and higher price targets, citing improving cloud momentum and the potential for newer businesses like supply chain services and satellite internet to become meaningful revenue drivers.
• Positive Sentiment: Amazon’s AI story is getting stronger: reports highlighted that its $8 billion Anthropic stake has ballooned in value and that AWS continues to benefit from partnership demand, reinforcing the company’s optionality in artificial intelligence.
• Positive Sentiment: The company also received supportive coverage as a leading long-term AI/data center play, with investors seeing Amazon’s scale in cloud, logistics, and infrastructure as a durable competitive advantage.
• Positive Sentiment: Amazon said it has already invested £15 billion in the U.K. toward a planned multiyear commitment, underscoring continued capital deployment into growth and infrastructure.
• Neutral Sentiment: Several articles framed Amazon as a high-quality stock after a strong multi-year run, but also noted that the shares are no longer cheap, which may be encouraging investors to take profits or wait for a better entry point.
• Neutral Sentiment: Some headlines about Jeff Bezos-related stock portfolios and Amazon being a top data-center or retail-media name are supportive in tone, but they are mostly commentary rather than new fundamental news.
• Negative Sentiment: A Reuters report said the EU may tighten cloud procurement rules in a way that could restrict Amazon Web Services’ access to certain strategic government tenders in Europe, creating a potential regulatory headwind.
• Negative Sentiment: Blue Origin’s recent rocket explosion raised concerns that Amazon’s satellite internet ambitions could face delays, even though management is trying to stay focused on the broader project.
• Negative Sentiment: Greg Abel’s decision to dump Amazon shares in Berkshire Hathaway’s portfolio is a modest sentiment negative, though it reflects portfolio allocation choices rather than a new problem with Amazon’s business.

Amazon.com Trading Down 3.5%

NASDAQ AMZN opened at $261.26 on Tuesday. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $278.56. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $2.81 trillion, a PE ratio of 31.25, a price-to-earnings-growth ratio of 2.03 and a beta of 1.45. The firm’s fifty day simple moving average is $246.43 and its 200-day simple moving average is $232.58.

Amazon.com (NASDAQ:AMZN) last posted its quarterly 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. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The business had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. During the same period in the prior year, the business posted $1.59 earnings per share. Amazon.com’s revenue for the quarter was up 16.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 7.71 earnings per share for the current fiscal year.

About Amazon.com

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.