Amazon.com, Inc. $AMZN Shares Purchased by Munro Partners

Munro Partners increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% in the 4th quarter, HoldingsChannel reports. The firm owned 925,173 shares of the e-commerce giant’s stock after buying an additional 6,385 shares during the quarter. Amazon.com makes up 5.5% of Munro Partners’ portfolio, making the stock its 3rd largest position. Munro Partners’ holdings in Amazon.com were worth $213,548,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Lifelong Wealth Advisors Inc. raised its position in shares of Amazon.com by 2.4% during the 4th quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock worth $402,000 after purchasing an additional 41 shares during the last quarter. Financial Connections Group Inc. increased its stake in Amazon.com by 2.6% in the fourth quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant’s stock valued at $376,000 after purchasing an additional 42 shares during the last quarter. Marquette Asset Management LLC increased its position in Amazon.com by 5.1% during the 4th quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant’s stock worth $205,000 after purchasing an additional 43 shares in the last quarter. Western Financial Corp CA boosted its position in shares of Amazon.com by 1.5% in the fourth quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant’s stock worth $710,000 after buying an additional 44 shares during the period. Finally, Navalign LLC boosted its position in shares of Amazon.com by 0.3% in the fourth quarter. Navalign LLC now owns 13,349 shares of the e-commerce giant’s stock worth $3,081,000 after buying an additional 44 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Amazon Web Services is expanding its AI and cloud ecosystem, including a new collaboration that brings Dun & Bradstreet’s Commercial Graph into Amazon Quick to improve AI-driven sales, marketing, and finance workflows.
• Positive Sentiment: Amazon’s long-term growth story is being reinforced by continued AI infrastructure spending, including a multi-billion-dollar data center expansion in Missouri and broader capex plans that signal confidence in AWS demand.
• Positive Sentiment: Royal Bank of Canada reaffirmed its Buy rating on Amazon, and other recent commentary highlights Wall Street’s bullish view with significant upside still implied for AMZN.
• Positive Sentiment: Analysts and investors continue to point to Amazon’s strong fundamentals, including its recent earnings beat, solid revenue growth, and improving profitability, as reasons the stock can keep outperforming over time.
• Neutral Sentiment: Amazon is also getting attention from the space-investing theme, as some market commentary argues its Project Leo satellite network could become a long-term growth opportunity, though it is still early-stage and not a near-term earnings driver.
• Negative Sentiment: Reports say the FTC has drafted a complaint against Amazon over alleged misleading ad pricing and disclosures, which could lead to a lawsuit, settlement, or billions of dollars in civil penalties.
• Negative Sentiment: Some investor commentary also notes that Amazon has faced pressure from higher AI and infrastructure spending, which can weigh on near-term margins even if it supports longer-term growth.

Analyst Upgrades and Downgrades

AMZN has been the subject of several analyst reports. Citizens Jmp reaffirmed a “market outperform” rating and issued a $315.00 target price on shares of Amazon.com in a research report on Friday, April 10th. Roth Mkm lifted their price target on shares of Amazon.com from $285.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $315.00 price target (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. Canaccord Genuity Group lifted their price target on shares of Amazon.com from $300.00 to $330.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target 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. Fifty-seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $312.78.

Amazon.com Trading Down 0.0%

Amazon.com stock opened at $246.00 on Wednesday. The firm’s 50-day moving average is $254.94 and its 200-day moving average is $233.91. 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 1 year low of $196.00 and a 1 year high of $278.56. The company has a market cap of $2.65 trillion, a P/E ratio of 29.43, a PEG ratio of 1.84 and a beta of 1.44.

Amazon.com (NASDAQ:AMZN) last posted 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 company had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The company’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same period last year, the firm posted $1.59 EPS. On average, equities analysts expect that Amazon.com, Inc. will post 7.71 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Matthew S. Garman sold 15,467 shares of the company’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $263.40, for a total transaction of $4,074,007.80. Following the completion of the transaction, the chief executive officer directly owned 14,159 shares in the company, valued at $3,729,480.60. This represents a 52.21% decrease in their position. 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, CEO Douglas J. Herrington sold 27,500 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $275.00, for a total value of $7,562,500.00. Following the transaction, the chief executive officer owned 471,361 shares of the company’s stock, valued at approximately $129,624,275. The trade was a 5.51% decrease in their ownership of the stock. 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 have sold 195,774 shares of company stock valued at $51,614,434 in the last 90 days. Corporate insiders own 8.90% of the company’s stock.

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.