DGS Capital Management LLC Has $7.74 Million Holdings in Amazon.com, Inc. $AMZN

DGS Capital Management LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.8% in the 1st quarter, HoldingsChannel reports. The firm owned 37,146 shares of the e-commerce giant’s stock after acquiring an additional 3,019 shares during the quarter. Amazon.com accounts for 1.3% of DGS Capital Management LLC’s portfolio, making the stock its 14th largest holding. DGS Capital Management LLC’s holdings in Amazon.com were worth $7,736,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Lifelong Wealth Advisors Inc. lifted its stake in Amazon.com by 2.4% during the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock worth $402,000 after purchasing an additional 41 shares during the last quarter. Financial Connections Group Inc. increased its stake in shares of Amazon.com by 2.6% in the 4th quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant’s stock valued at $376,000 after purchasing an additional 42 shares during the last quarter. Marquette Asset Management LLC increased its stake in shares of Amazon.com by 5.1% in the 4th quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant’s stock valued at $205,000 after purchasing an additional 43 shares during the last quarter. Wernau Asset Management Inc. raised its holdings in shares of Amazon.com by 0.4% during the 1st quarter. Wernau Asset Management Inc. now owns 10,231 shares of the e-commerce giant’s stock worth $2,131,000 after buying an additional 43 shares in the last quarter. Finally, Western Financial Corp CA raised its holdings in shares of Amazon.com by 1.5% during the 4th quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant’s stock worth $710,000 after buying an additional 44 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling

In related news, SVP David Zapolsky sold 9,270 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $268.53, for a total value of $2,489,273.10. Following the completion of the sale, the senior vice president directly owned 41,190 shares of the company’s stock, valued at $11,060,750.70. The trade was a 18.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 15,467 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $263.40, for a total value of $4,074,007.80. Following the transaction, the chief executive officer directly owned 14,159 shares in the company, valued at approximately $3,729,480.60. This trade represents a 52.21% 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. Insiders sold a total of 144,274 shares of company stock worth $38,716,204 over the last 90 days. 8.90% of the stock is owned by company insiders.

Amazon.com News Roundup

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

• Positive Sentiment: Wedbush, Citizens JMP, and KeyBanc all reiterated bullish views on Amazon, with price targets implying meaningful upside and confidence that AWS re-acceleration and AI infrastructure demand can support earnings growth. Analyst coverage referenced in article feed
• Positive Sentiment: Multiple reports highlighted Amazon’s AI and cloud opportunity, including comments that AWS is the “star of the show,” that Amazon has a cost advantage in the AI data-center buildout, and that AI chip sales could become a large new business. Article title
• Positive Sentiment: June retail sales data and Prime Day commentary suggested Amazon continues to benefit from resilient consumer spending and online shopping strength, especially heading into back-to-school season. Article title
• Positive Sentiment: Technical coverage noted AMZN has moved back above its 50-day moving average, which traders often view as a short-term bullish signal. Article title
• Neutral Sentiment: Amazon’s warehouse automation and staffing software is drawing attention, but the pilot appears to be facing internal pushback rather than signaling a major business change. Article title
• Negative Sentiment: Investors remain wary about Amazon’s aggressive capex for AI and cloud infrastructure, with some commentary warning that heavy spending could weigh on free cash flow and near-term returns. Article title
• Negative Sentiment: AWS veteran Dave Brown’s departure after 19 years adds a bit of executive turnover risk to Amazon’s cloud unit, though replacement plans are already in place. Article title

Amazon.com Trading Down 2.0%

NASDAQ:AMZN opened at $249.89 on Friday. 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 stock has a market capitalization of $2.69 trillion, a price-to-earnings ratio of 29.89, a PEG ratio of 1.90 and a beta of 1.46. The firm has a fifty day simple moving average of $251.33 and a two-hundred day simple moving average of $235.85. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $278.56.

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, beating the consensus estimate of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The firm had revenue of $181.52 billion during the quarter, compared to the consensus estimate of $177.28 billion. During the same period in the previous year, the firm posted $1.59 earnings per share. The business’s revenue was up 16.6% compared to the same quarter last year. Analysts expect that Amazon.com, Inc. will post 7.75 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

AMZN has been the topic of a number of research analyst reports. China Renaissance raised their price target on shares of Amazon.com from $300.00 to $326.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. BNP Paribas Exane upped their price target on Amazon.com from $320.00 to $345.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Jefferies Financial Group reiterated a “buy” rating on shares of Amazon.com in a research report on Thursday, June 18th. HSBC increased their price target on Amazon.com from $280.00 to $310.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Tigress Financial boosted their price objective on Amazon.com from $305.00 to $315.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. Fifty-seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $312.76.

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.