Berkeley Inc Grows Stock Holdings in Amazon.com, Inc. $AMZN

Berkeley Inc raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 11.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 37,906 shares of the e-commerce giant’s stock after buying an additional 3,888 shares during the period. Amazon.com accounts for approximately 2.8% of Berkeley Inc’s investment portfolio, making the stock its 13th largest position. Berkeley Inc’s holdings in Amazon.com were worth $8,749,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank purchased a new stake in Amazon.com in the second quarter valued at $27,438,011,000. Nuveen LLC purchased a new position in shares of Amazon.com during the 1st quarter worth $11,674,091,000. Laurel Wealth Advisors LLC increased its position in shares of Amazon.com by 22,085.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant’s stock worth $2,671,634,000 after purchasing an additional 12,122,668 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Amazon.com by 21.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after buying an additional 10,176,835 shares during the period. Finally, Capital Research Global Investors raised its holdings in Amazon.com by 11.3% in the 3rd quarter. Capital Research Global Investors now owns 94,284,962 shares of the e-commerce giant’s stock valued at $20,702,362,000 after buying an additional 9,583,217 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In other news, CEO Matthew S. Garman sold 17,751 shares of the firm’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total value of $3,642,860.22. Following the completion of the sale, the chief executive officer owned 9,405 shares in the company, valued at approximately $1,930,094.10. This trade represents a 65.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jonathan Rubinstein sold 3,706 shares of Amazon.com stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $273.02, for a total value of $1,011,812.12. Following the completion of the sale, the director directly owned 74,948 shares in the company, valued at $20,462,302.96. This represents a 4.71% 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. In the last ninety days, insiders have sold 131,741 shares of company stock valued at $29,839,291. Corporate insiders own 8.90% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on AMZN shares. Susquehanna restated a “positive” rating and issued a $325.00 price objective (up from $300.00) on shares of Amazon.com in a report on Thursday. Bank of America lifted their target price on shares of Amazon.com from $298.00 to $310.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Evercore boosted their target price on Amazon.com from $285.00 to $315.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. Scotiabank restated an “outperform” rating and set a $325.00 price target (up from $275.00) on shares of Amazon.com in a research note on Thursday. Finally, Pivotal Research reaffirmed a “buy” rating and issued a $320.00 price objective (up from $300.00) on shares of Amazon.com in a research note on Thursday. Fifty-six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and a consensus price target of $311.65.

Amazon.com News Roundup

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

• Positive Sentiment: Amazon launched “Amazon Supply Chain Services” (ASCS), opening its freight, fulfillment and parcel network to outside businesses — a potential new high-margin revenue stream that investors compare to the AWS monetization playbook; the move knocked down UPS/FDX as the market repriced competitive risk. Amazon opens up its logistics network to other businesses
• Positive Sentiment: Strong Q1 results and management messaging: Amazon beat Q1 EPS/revenue estimates and CEO Andy Jassy emphasized that heavy AI investment is a “once-in-a-generation” opportunity whose returns come later — supporting the long-term growth case for AWS, AI infrastructure and the new logistics product. Andy Jassy says Amazon investors will be rewarded by all its AI spending
• Positive Sentiment: Wall Street momentum: several firms raised targets or reiterated buys (examples include New Street and DZ Bank), adding upside to the stock’s outlook and validating the growth/AI/logistics thesis. DZ Bank raises target
• Neutral Sentiment: Insider transaction: director Jonathan Rubinstein sold ~3,700 shares under a pre-arranged 10b5-1 plan — a disclosed plan sale that typically has limited informational value for fundamentals. Director sale disclosed
• Neutral Sentiment: Internal AI tooling rollout: Amazon adopted Claude Code and Codex company-wide, widening employee access to AI tools — a constructive operational step but one whose near-term revenue impact is unclear. Amazon employees pushed for Claude Code
• Negative Sentiment: CapEx and free‑cash‑flow pressure: analysts and articles point out Amazon’s massive AI/capex spend has materially reduced near-term free cash flow, which could concern investors if returns take longer to materialize. Monitor capex-to-revenue and FCF trends. CapEx reduces FCF
• Negative Sentiment: Macro inflation/cost risk: commentary warns that hyperscaler AI spending could add to inflationary pressure (energy, wages, tariffs), which would be a headwind for multiples and margins across the market. Think AI spending won’t stoke inflation?

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $271.90 on Tuesday. The stock’s 50-day simple moving average is $223.63 and its 200-day simple moving average is $227.48. The firm has a market capitalization of $2.92 trillion, a PE ratio of 32.52, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46. Amazon.com, Inc. has a fifty-two week low of $183.85 and a fifty-two week high of $276.10. 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 (NASDAQ:AMZN) last posted its earnings results 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. 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 for the quarter, compared to the consensus estimate of $177.28 billion. During the same period last year, the firm posted $1.59 EPS. The company’s revenue was up 16.6% on a year-over-year basis. As a group, equities research analysts forecast that Amazon.com, Inc. will post 7.71 EPS for the current fiscal year.

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.