BCS Wealth Management Reduces Stock Holdings in Amazon.com, Inc. $AMZN

BCS Wealth Management reduced its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 49.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,594 shares of the e-commerce giant’s stock after selling 10,312 shares during the period. BCS Wealth Management’s holdings in Amazon.com were worth $2,206,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Cidel Asset Management Inc. raised its position in shares of Amazon.com by 335.4% in the 1st quarter. Cidel Asset Management Inc. now owns 116,311 shares of the e-commerce giant’s stock valued at $24,224,000 after purchasing an additional 89,597 shares in the last quarter. Cache Advisors LLC raised its stake in Amazon.com by 14.4% during the first quarter. Cache Advisors LLC now owns 134,301 shares of the e-commerce giant’s stock valued at $27,971,000 after buying an additional 16,888 shares in the last quarter. Richards Merrill & Peterson Inc. lifted its holdings in Amazon.com by 14.6% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 48,048 shares of the e-commerce giant’s stock worth $10,007,000 after buying an additional 6,131 shares during the last quarter. Guyasuta Investment Advisors Inc. boosted its holdings in Amazon.com by 14.2% in the first quarter. Guyasuta Investment Advisors Inc. now owns 165,038 shares of the e-commerce giant’s stock worth $34,372,000 after purchasing an additional 20,498 shares during the period. Finally, New Covenant Trust Company N.A. lifted its holdings in shares of Amazon.com by 12.4% in the 1st quarter. New Covenant Trust Company N.A. now owns 12,459 shares of the e-commerce giant’s stock worth $2,595,000 after purchasing an additional 1,378 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on AMZN. Robert W. Baird raised their price target on shares of Amazon.com from $285.00 to $300.00 and gave the company an “outperform” rating in a research note on Thursday, April 30th. Phillip Securities upgraded shares of Amazon.com from a “moderate buy” rating to a “buy” rating and set a $280.00 target price for the company in a report on Wednesday, May 13th. Rosenblatt Securities upped their price target on Amazon.com from $296.00 to $332.00 and gave the company a “buy” rating in a report on Thursday, April 30th. BNP Paribas Exane raised their price objective on Amazon.com from $320.00 to $345.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Finally, Mizuho lifted their target price on Amazon.com from $315.00 to $325.00 and gave the stock an “outperform” rating in a report on Tuesday, April 28th. Fifty-seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $312.78.

Insiders Place Their Bets

In other Amazon.com news, SVP David Zapolsky sold 9,270 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were 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 owned 41,190 shares in the company, valued at $11,060,750.70. This represents a 18.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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 Amazon.com stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $263.42, for a total transaction 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 $581,042,879.72. This trade represents a 0.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 195,774 shares of company stock valued at $51,614,434 over the last ninety days. Insiders own 8.90% of the company’s stock.

Amazon.com Stock Performance

NASDAQ AMZN opened at $232.69 on Monday. The firm’s 50 day moving average price is $255.53 and its two-hundred day moving average price is $234.18. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $278.56. The stock has a market cap of $2.50 trillion, a price-to-earnings ratio of 27.83, a PEG ratio of 1.74 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $1.15. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The firm had revenue of $181.52 billion during the quarter, compared to analyst estimates of $177.28 billion. During the same period last year, the company posted $1.59 EPS. The business’s quarterly revenue was up 16.6% compared to the same quarter last year. Equities analysts anticipate that Amazon.com, Inc. will post 7.71 EPS for the current year.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Amazon Web Services raised prices on certain AI GPU and capacity-block offerings, which suggests strong demand and improved pricing power for its cloud business. Article Title
• Positive Sentiment: Amazon said it will invest an additional $13 billion in India through 2030 to expand AI and cloud infrastructure, reinforcing long-term growth ambitions in a key market. Article Title
• Positive Sentiment: Prime Day appears to be generating strong demand, with reports pointing to record sales expectations and early momentum from AI-driven shopping activity. Article Title
• Positive Sentiment: Several analysts reiterated bullish views, including Wells Fargo and BMO Capital, signaling continued confidence in Amazon’s cloud, advertising, and AI-driven earnings power. Article Title
• Neutral Sentiment: Media coverage also highlighted Amazon as a stock that hedge funds and prominent investors continue to own heavily, but these are not immediate fundamental catalysts. Article Title
• Negative Sentiment: Some articles pointed to ongoing concerns about Amazon’s heavy capex, insider selling, and the stock breaking below key technical levels, which may be limiting gains. Article Title
• Negative Sentiment: Separately, EU regulators said Amazon’s cloud business may face stricter competition rules, adding a potential overhang for AWS. Article Title

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.