Intech Investment Management LLC Has $239 Million Stake in Amazon.com, Inc. $AMZN

Intech Investment Management LLC lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,035,439 shares of the e-commerce giant’s stock after selling 29,134 shares during the period. Amazon.com comprises approximately 2.1% of Intech Investment Management LLC’s investment portfolio, making the stock its 6th biggest holding. Intech Investment Management LLC’s holdings in Amazon.com were worth $239,000,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Houlihan Financial Resource Group Ltd. raised its stake in Amazon.com by 100.7% in the fourth quarter. Houlihan Financial Resource Group Ltd. now owns 28,208 shares of the e-commerce giant’s stock worth $6,623,000 after buying an additional 14,153 shares in the last quarter. CFS Investment Advisory Services LLC raised its stake in Amazon.com by 1.6% in the fourth quarter. CFS Investment Advisory Services LLC now owns 15,183 shares of the e-commerce giant’s stock worth $3,505,000 after buying an additional 245 shares in the last quarter. Beckerman Institutional LLC raised its stake in Amazon.com by 5.7% in the fourth quarter. Beckerman Institutional LLC now owns 2,502 shares of the e-commerce giant’s stock worth $577,000 after buying an additional 136 shares in the last quarter. Constant Guidance Financial LLC raised its stake in Amazon.com by 66.0% in the fourth quarter. Constant Guidance Financial LLC now owns 22,670 shares of the e-commerce giant’s stock worth $5,233,000 after buying an additional 9,014 shares in the last quarter. Finally, Foundations Investment Advisors LLC raised its stake in Amazon.com by 6.4% in the fourth quarter. Foundations Investment Advisors LLC now owns 274,547 shares of the e-commerce giant’s stock worth $63,371,000 after buying an additional 16,518 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Robert W. Baird boosted their price objective on shares of Amazon.com from $285.00 to $300.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Mizuho boosted their price objective on shares of Amazon.com from $315.00 to $325.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Amazon.com from $290.00 to $315.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Truist Financial boosted their price objective on shares of Amazon.com from $310.00 to $320.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Finally, Arete Research boosted their price objective on shares of Amazon.com from $301.00 to $310.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $312.52.

Amazon.com Stock Performance

Shares of AMZN stock opened at $244.19 on Wednesday. The business’s fifty day simple moving average is $251.52 and its 200-day simple moving average is $233.29. The company has a market cap of $2.63 trillion, a PE ratio of 29.21, a PEG ratio of 1.84 and a beta of 1.44. The company has a current ratio of 1.18, a quick ratio of 1.01 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.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.63 by $1.15. The business had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The business’s quarterly revenue was up 16.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.59 earnings per share. Analysts expect that Amazon.com, Inc. will post 7.71 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Matthew S. Garman sold 15,467 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $263.40, for a total transaction of $4,074,007.80. Following the sale, the chief executive officer directly owned 14,159 shares of the company’s stock, valued at $3,729,480.60. The trade was a 52.21% decrease in their ownership of the stock. The sale 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, SVP David Zapolsky sold 9,270 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $268.53, for a total transaction of $2,489,273.10. Following the sale, the senior vice president directly owned 41,190 shares in the company, valued at $11,060,750.70. This trade represents a 18.37% decrease in their ownership of the stock. 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 sold 195,774 shares of company stock valued at $51,614,434. Company insiders own 8.90% of the company’s stock.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Amazon continues to expand its AI and cloud infrastructure, including a multibillion-dollar fiber-optic agreement with Corning to support U.S. data center buildout, which reinforces long-term growth opportunities for AWS and AI services.
• Positive Sentiment: Analysts remain upbeat on AMZN, with recent Buy/Outperform reiterations and price targets above current levels, suggesting Wall Street sees the pullback as a potential entry point rather than a fundamental problem.
• Positive Sentiment: Amazon also announced new partnerships and product initiatives, including Amazon One Medical’s collaboration with Baptist Health in South Florida and AI-powered warehouse robotics, both of which support its broader ecosystem and automation strategy.

Amazon.com Company 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.