Kepler Cheuvreux Suisse SA Decreases Stake in Amazon.com, Inc. $AMZN

Kepler Cheuvreux Suisse SA lessened its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 31.6% during the first quarter, HoldingsChannel reports. The fund owned 25,960 shares of the e-commerce giant’s stock after selling 11,982 shares during the period. Kepler Cheuvreux Suisse SA’s holdings in Amazon.com were worth $5,407,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in shares of Amazon.com by 10.9% during the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after purchasing an additional 397,007 shares during the period. Revolve Wealth Partners LLC increased its holdings in Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after buying an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its position in Amazon.com by 2.8% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock worth $442,481,000 after purchasing an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE grew its stake in Amazon.com by 5.5% in the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after acquiring an additional 1,518 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC acquired a new stake in shares of Amazon.com in the fourth quarter valued at approximately $2,153,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on AMZN shares. Tigress Financial lifted their price objective on Amazon.com from $305.00 to $315.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Morgan Stanley increased their target price on Amazon.com from $300.00 to $330.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. DZ Bank lifted their price target on shares of Amazon.com from $295.00 to $320.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Rosenblatt Securities boosted their price objective on Amazon.com from $296.00 to $332.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Wolfe Research reissued an “outperform” rating and set a $320.00 target price (up from $245.00) on shares of Amazon.com in a research report on Thursday, April 30th. Fifty-seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and a consensus price target of $312.79.

Amazon.com News Roundup

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

• Positive Sentiment: Citizens JMP reaffirmed its market outperform rating on Amazon and lifted its price target to $315, implying meaningful upside from current levels.
• Positive Sentiment: Jefferies said Amazon offers an attractive way to invest in AI data centers and chips, highlighting upside from AWS, custom silicon, and broader AI infrastructure demand.
• Positive Sentiment: Several reports pointed to Amazon’s growing AI opportunity, including commentary that CEO Andy Jassy sees AI chip sales becoming a potential $50 billion business and that Amazon is increasingly being viewed as a major player in data center chips.
• Positive Sentiment: Amazon also signed a commercial relationship with Electrovaya tied to battery technology for material handling, robotics, and energy storage, reinforcing its automation and logistics ambitions. Electrovaya Announces Commercial Relationship with Amazon
• Positive Sentiment: Analysts continued to frame Amazon as well-positioned heading into its earnings cycle thanks to AWS momentum and resilient Prime Day spending.
• Neutral Sentiment: Amazon AWS senior vice president Dave Brown is leaving after 19 years, but the company moved quickly to replace him with another senior executive, limiting the immediate business impact.
• Negative Sentiment: Some headlines flagged concern over Amazon’s aggressive AI spending and debt financing, including its planned $25 billion bond sale and broader questions about whether hyperscaler capex can be sustained.
• Negative Sentiment: There were also reports that New York’s pause on new AI data centers and other potential state-level restrictions could slow parts of the AI infrastructure buildout that supports Amazon’s cloud growth story.

Amazon.com Stock Performance

AMZN stock opened at $254.96 on Thursday. The company has a 50-day simple moving average of $251.76 and a 200 day simple moving average of $235.73. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $2.74 trillion, a P/E ratio of 30.50, a PEG ratio of 1.85 and a beta of 1.46. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $278.56.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $1.15. The business had revenue of $181.52 billion for the quarter, compared to analyst estimates of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The business’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same quarter last year, the business earned $1.59 earnings per share. Sell-side analysts predict that Amazon.com, Inc. will post 7.75 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In other news, SVP David Zapolsky sold 9,270 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $268.53, for a total transaction of $2,489,273.10. Following the completion of the sale, the senior vice president owned 41,190 shares in the company, valued at approximately $11,060,750.70. This represents a 18.37% decrease in their position. The sale was disclosed in a legal 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 Andrew R. Jassy sold 20,000 shares of the company’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $263.42, for a total value of $5,268,400.00. Following the sale, the chief executive officer directly owned 2,205,766 shares of the company’s stock, valued at approximately $581,042,879.72. This represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 175,274 shares of company stock valued at $46,621,204 in the last quarter. 8.90% of the stock is owned by company insiders.

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.