Centaurus Financial Inc. Acquires New Position in Amazon.com, Inc. $AMZN

Centaurus Financial Inc. acquired a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 202,669 shares of the e-commerce giant’s stock, valued at approximately $44,500,000. Amazon.com makes up approximately 2.1% of Centaurus Financial Inc.’s investment portfolio, making the stock its 4th biggest position.

A number of other large investors also recently bought and sold shares of the company. Fairway Wealth LLC raised its position in shares of 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 acquired a new position in Amazon.com in the third quarter worth $27,000. Bridge Generations Wealth Management LLC increased its stake in 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 valued at $53,000 after purchasing an additional 233 shares during the last quarter. Cooksen Wealth LLC increased its stake in Amazon.com by 23.5% during the second quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock valued at $54,000 after purchasing an additional 47 shares during the last quarter. Finally, PayPay Securities Corp raised its holdings in shares of Amazon.com by 62.3% during the third quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant’s stock worth $55,000 after purchasing an additional 96 shares during the period. Institutional investors own 72.20% of the company’s stock.

More Amazon.com News

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

• Positive Sentiment: Big long-term upside from AWS: CEO Andy Jassy told staff he expects AI could drive AWS to roughly $600B in annual revenue by 2036 — a reiteration of AWS as the core growth/profit engine. Reuters: AWS $600B
• Positive Sentiment: Analyst support: Wolfe Research recently raised its price target citing stronger AWS AI and data-center demand, which underpins upside for shares. Yahoo Finance: Wolfe Research
• Positive Sentiment: Product and cloud partnerships accelerating AI offerings — AWS announced deals (including a Cerebras collaboration for fast inference) and OpenAI/AWS commercial/government arrangements that expand addressable market for cloud and AI services. InsiderMonkey: Cerebras partnership
  Reuters: OpenAI-AWS gov deal
• Positive Sentiment: Faster delivery push and Prime Day timing: Amazon expanded 1‑hour/3‑hour delivery and reportedly moved Prime Day into June — both moves aim to pull demand forward, boost Q2 revenue and defend share in quick-commerce. Reuters: 1-hour delivery
  MarketBeat: Prime Day shift
• Neutral Sentiment: Capital spending and debt context: Amazon’s large bond sale and planned AI capex have analysts revising hyperscaler debt forecasts higher — supports growth but keeps focus on near-term margin/cash use. Reuters: debt forecasts
• Negative Sentiment: Legal/cloud competition risk: Reports say Microsoft is weighing legal action over a large Amazon–OpenAI cloud arrangement, creating regulatory / contract uncertainty for AWS/OpenAI deals. Reuters: Microsoft legal threat
• Negative Sentiment: Operational & headlines risk from logistics shuffle: Multiple reports that Amazon plans to sharply cut USPS volume (potentially two‑thirds) have pressured the stock amid concerns over transition costs and negative press; CNBC/WSJ coverage also shows negotiation frictions. WSJ: USPS volume cut
  CNBC: USPS talks

Analysts Set New Price Targets

A number of research firms have recently issued reports on AMZN. Wolfe Research raised their price target on shares of Amazon.com from $250.00 to $255.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 10th. Needham & Company LLC reiterated a “buy” rating and set a $265.00 price objective on shares of Amazon.com in a research note on Tuesday. Jefferies Financial Group reissued a “buy” rating on shares of Amazon.com in a report on Monday, February 2nd. Wedbush decreased their target price on Amazon.com from $340.00 to $300.00 and set an “outperform” rating for the company in a research note on Friday, February 6th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Amazon.com in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $286.93.

Amazon.com Trading Down 2.5%

Amazon.com stock opened at $209.87 on Thursday. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $258.60. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $2.25 trillion, a price-to-earnings ratio of 29.27, a PEG ratio of 1.61 and a beta of 1.40. The firm has a 50-day moving average price of $221.35 and a two-hundred day moving average price of $226.32.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.02). The firm had revenue of $213.39 billion during the quarter, compared to analyst estimates of $211.02 billion. Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. Amazon.com’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.86 EPS. Sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.18, for a total value of $4,077,336.96. Following the sale, the chief executive officer directly owned 2,238,118 shares in the company, valued at $459,217,051.24. This trade represents a 0.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 6,835 shares of Amazon.com stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.82, for a total value of $1,406,779.70. Following the sale, the chief executive officer directly owned 522,361 shares in the company, valued at $107,512,341.02. The trade was a 1.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 71,686 shares of company stock worth $14,688,739. 9.70% of the stock is owned by company insiders.

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.