Amazon.com, Inc. $AMZN Shares Bought by Burns J W & Co. Inc. NY

Burns J W & Co. Inc. NY lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.6% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 139,877 shares of the e-commerce giant’s stock after acquiring an additional 2,230 shares during the period. Amazon.com makes up about 3.3% of Burns J W & Co. Inc. NY’s investment portfolio, making the stock its 7th largest position. Burns J W & Co. Inc. NY’s holdings in Amazon.com were worth $29,132,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Compagnie Lombard Odier SCmA bought a new position in shares of Amazon.com in the third quarter valued at about $451,642,000. Narwhal Capital Management lifted its stake in shares of Amazon.com by 2.3% during the 4th quarter. Narwhal Capital Management now owns 216,606 shares of the e-commerce giant’s stock worth $49,997,000 after buying an additional 4,854 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Amazon.com by 21.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 24,653,228 shares of the e-commerce giant’s stock worth $5,690,463,000 after buying an additional 4,275,942 shares during the period. Weaver Capital Management LLC boosted its holdings in shares of Amazon.com by 13.6% during the 4th quarter. Weaver Capital Management LLC now owns 39,264 shares of the e-commerce giant’s stock worth $9,063,000 after buying an additional 4,713 shares during the period. Finally, Ethos Financial Group LLC grew its stake in Amazon.com by 9.6% in the 4th quarter. Ethos Financial Group LLC now owns 36,485 shares of the e-commerce giant’s stock valued at $8,421,000 after buying an additional 3,196 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Trading Up 3.2%

Shares of Amazon.com stock opened at $240.14 on Tuesday. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $278.56. The company has a market capitalization of $2.58 trillion, a price-to-earnings ratio of 28.72, a PEG ratio of 1.74 and a beta of 1.45. The firm’s 50-day moving average price is $255.34 and its two-hundred day moving average price is $234.27.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS 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 company had revenue of $181.52 billion during the quarter, compared to analysts’ expectations of $177.28 billion. During the same period in the previous year, the company earned $1.59 EPS. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. On average, analysts forecast that Amazon.com, Inc. will post 7.71 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Pivotal Research reissued a “buy” rating and issued a $320.00 price target (up from $300.00) on shares of Amazon.com in a report on Thursday, April 30th. Scotiabank restated an “outperform” rating and set a $325.00 price objective (up from $275.00) on shares of Amazon.com in a report on Thursday, April 30th. DA Davidson upped their target price on Amazon.com from $175.00 to $250.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Citizens Jmp reiterated a “market outperform” rating and set a $315.00 target price on shares of Amazon.com in a research note on Friday, April 10th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $330.00 price target (up from $280.00) on shares of Amazon.com in a report on Thursday, April 30th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Amazon.com has an average rating of “Moderate Buy” and a consensus price target of $312.78.

Insider Activity

In other Amazon.com news, SVP David Zapolsky sold 9,270 shares of the company’s 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 directly owned 41,190 shares in the company, valued at $11,060,750.70. This represents a 18.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 31,352 shares of the firm’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 $8,621,800.00. Following the completion of the sale, the chief executive officer directly owned 2,175,766 shares in the company, valued at approximately $598,335,650. This represents a 1.42% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 195,774 shares of company stock valued at $51,614,434 in the last three months. Company insiders own 8.90% of the company’s stock.

Amazon.com News Summary

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

• Positive Sentiment: Amazon’s Prime Day results point to robust consumer demand and a likely revenue boost for its retail business. Article Title
• Positive Sentiment: Higher AWS pricing and continued AI infrastructure spending may improve cloud margins and offset concerns about heavy AI investment. Article Title
• Positive Sentiment: Amazon’s deeper push into AI, including AWS-related integrations and infrastructure expansion, is supporting the bullish long-term growth narrative. Article Title
• Neutral Sentiment: Analysts and commentators continue to debate whether Amazon’s reliance on Anthropic should change as Claude costs rise, but this is more of a strategic question than an immediate earnings driver. Article Title
• Neutral Sentiment: New competitive products from rivals like Kobo and broader commentary about AI-enabled shopping are notable, but they are not as directly market-moving for AMZN today. Article Title

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.