Fourier Capital Management Ltd bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,362 shares of the e-commerce giant’s stock, valued at approximately $1,238,000. Amazon.com makes up about 1.3% of Fourier Capital Management Ltd’s holdings, making the stock its 18th largest holding.
A number of other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in Amazon.com by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after purchasing an additional 8,913,959 shares during the period. State Street Corp boosted its stake in Amazon.com by 2.0% in the 3rd quarter. State Street Corp now owns 381,681,441 shares of the e-commerce giant’s stock worth $83,805,794,000 after purchasing an additional 7,584,156 shares during the period. Geode Capital Management LLC boosted its stake in Amazon.com by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant’s stock worth $47,332,625,000 after purchasing an additional 3,721,658 shares during the period. Norges Bank acquired a new position in Amazon.com in the 2nd quarter worth approximately $27,438,011,000. Finally, Northern Trust Corp boosted its stake in Amazon.com by 0.3% in the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock worth $18,527,354,000 after purchasing an additional 302,858 shares during the period. 72.20% of the stock is currently owned by institutional investors.
Amazon.com Trading Up 1.5%
Shares of NASDAQ:AMZN opened at $253.79 on Friday. The firm has a fifty day moving average of $249.18 and a two-hundred day moving average of $232.89. The firm has a market capitalization of $2.73 trillion, a P/E ratio of 30.36, a price-to-earnings-growth ratio of 1.87 and a beta of 1.44. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $278.56. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27.
Insider Activity at Amazon.com
In related news, VP Shelley Reynolds sold 2,363 shares of Amazon.com stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $262.38, for a total value of $620,003.94. Following the completion of the sale, the vice president owned 119,780 shares of the company’s stock, valued at approximately $31,427,876.40. The trade was a 1.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 completion of the sale, the chief executive officer directly owned 2,205,766 shares of the company’s stock, valued at approximately $581,042,879.72. The trade was 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. Over the last ninety days, insiders have sold 195,774 shares of company stock worth $51,614,434. 8.90% of the stock is currently owned by company insiders.
Trending Headlines about Amazon.com
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Amazon unveiled a new AI-powered warehouse robot and announced a €10 billion expansion of its European fulfillment network, reinforcing the case for better logistics efficiency and long-term margin improvement. Article Title
- Positive Sentiment: Pinterest signed a $4 billion cloud deal with Amazon Web Services through 2031, a meaningful win for AWS that highlights continuing demand for Amazon’s cloud and AI infrastructure. Article Title
- Positive Sentiment: Several reports pointed to Amazon’s strengthening AI narrative, including bullish commentary on AWS, custom chips, advertising, and subscriptions as major profit drivers. Article Title
- Positive Sentiment: Amazon overtook Walmart as the largest U.S. company by revenue and surpassed $700 billion in annual sales, reinforcing its scale and execution strength. Article Title
- Positive Sentiment: Wall Street sentiment remains constructive, with Truist raising its price target to $320 and reiterating a Buy rating, which supports the stock’s broader uptrend. Article Title
- Neutral Sentiment: Amazon launched Prime in South Africa at a low monthly price, a modest international expansion that is positive strategically but unlikely to move the stock much by itself. Article Title
- Negative Sentiment: Amazon faces growing criticism over heavy AI/data-center spending while continuing layoffs, along with local pushback and regulatory scrutiny around expansion plans. Article Title
- Negative Sentiment: CEO Douglas Herrington sold 1,000 shares under a pre-arranged plan, which is usually routine but can still add to short-term caution when insider selling is already a talking point. Article Title
Analyst Ratings Changes
A number of equities analysts recently commented on AMZN shares. BNP Paribas Exane raised their price objective on shares of Amazon.com from $320.00 to $345.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $330.00 price objective (up from $280.00) on shares of Amazon.com in a research note on Thursday, April 30th. Citigroup reaffirmed a “market outperform” rating on shares of Amazon.com in a research note on Monday. Tigress Financial raised their price objective on shares of Amazon.com from $305.00 to $315.00 and gave the stock a “buy” rating in a research note on Wednesday, March 25th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $315.00 price objective (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $312.52.
View Our Latest Stock Report on AMZN
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.
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