Capricorn Fund Managers Ltd Sells 3,002 Shares of Amazon.com, Inc. $AMZN

Capricorn Fund Managers Ltd decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 6.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 44,648 shares of the e-commerce giant’s stock after selling 3,002 shares during the period. Amazon.com makes up 1.4% of Capricorn Fund Managers Ltd’s portfolio, making the stock its 21st largest position. Capricorn Fund Managers Ltd’s holdings in Amazon.com were worth $9,299,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Bayban lifted its holdings in Amazon.com by 9.9% during the first quarter. Bayban now owns 1,947 shares of the e-commerce giant’s stock worth $406,000 after acquiring an additional 175 shares in the last quarter. Redwood Wealth Management Group LLC increased its stake in Amazon.com by 5.4% during the 1st quarter. Redwood Wealth Management Group LLC now owns 19,150 shares of the e-commerce giant’s stock worth $3,988,000 after purchasing an additional 983 shares in the last quarter. Key Financial Inc increased its position in shares of Amazon.com by 9.4% during the first quarter. Key Financial Inc now owns 27,620 shares of the e-commerce giant’s stock worth $5,752,000 after acquiring an additional 2,384 shares in the last quarter. iA Global Asset Management Inc. lifted its position in Amazon.com by 13.1% in the 1st quarter. iA Global Asset Management Inc. now owns 1,630,886 shares of the e-commerce giant’s stock valued at $339,665,000 after acquiring an additional 189,350 shares in the last quarter. Finally, Equita Financial Network Inc. boosted its stake in Amazon.com by 160.3% in the 1st quarter. Equita Financial Network Inc. now owns 11,245 shares of the e-commerce giant’s stock worth $2,342,000 after purchasing an additional 6,925 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

NASDAQ:AMZN opened at $247.04 on Friday. The stock has a market capitalization of $2.66 trillion, a PE ratio of 29.55, a P/E/G ratio of 1.82 and a beta of 1.46. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $278.56. The firm has a fifty day simple moving average of $253.39 and a 200 day simple moving average of $235.23. 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 (NASDAQ:AMZN) last announced its quarterly 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 during the quarter, compared to analysts’ expectations of $177.28 billion. During the same quarter last year, the company posted $1.59 earnings per share. The company’s revenue for the quarter was up 16.6% compared to the same quarter last year. On average, research analysts expect that Amazon.com, Inc. will post 7.75 EPS for the current fiscal year.

More Amazon.com News

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

• Positive Sentiment: Bank of America raised its price target on Amazon and kept a Buy rating, citing improving domestic sales trends and stronger momentum in the company’s core businesses. BofA Raises its Price Target on Amazon.com (AMZN)
• Positive Sentiment: BNP Paribas said Amazon’s valuation looks attractive ahead of Q2 earnings and maintained an Outperform rating, reinforcing optimism that the company can deliver solid cloud and retail results. Amazon’s Valuation Looks Attractive Ahead of Earnings: Analyst
• Positive Sentiment: Analysts and recent coverage continue to frame Amazon as a key AI winner, with AWS, custom chips, and related infrastructure spending seen as important long-term growth drivers. Debt Raise Is a Positive Signal for Amazon Stock, Says Needham
• Positive Sentiment: Amazon completed a $24.9 billion long-term bond sale to help fund AI infrastructure, which investors are treating as evidence that management is aggressively investing to extend AWS’s competitive edge. Amazon Issues $24.9 Billion in Long-Term Notes
• Neutral Sentiment: Commentary on Amazon’s AI shopping, Alexa, and broadband initiatives adds to the long-term growth narrative, but these stories are not immediate earnings drivers. Amazon and Walmart’s AI Shopping Race Is Now a Battle for Context, Not Clicks
• Negative Sentiment: Some investors remain cautious because Amazon’s AI buildout requires heavy capital spending, which could pressure free cash flow and keep the stock volatile heading into earnings. Amazon’s $25 billion ‘surprise’ bond sale dangled extra yield to lure in buyers—and flashed a warning sign about the AI boom
• Negative Sentiment: Recent insider selling and broader concern about the payoff timing of massive AI spending may limit upside in the near term, even if the long-term thesis remains intact. Amazon’s New Debt Deal Puts Its AI Spending Story on Trial

Insider Buying and Selling

In other Amazon.com news, SVP David Zapolsky sold 9,270 shares of the business’s stock in a transaction that occurred 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 transaction, the senior vice president owned 41,190 shares of the company’s stock, valued at $11,060,750.70. The trade was a 18.37% 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, VP Shelley Reynolds sold 2,363 shares of the company’s stock in a transaction that occurred 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 in the company, valued at $31,427,876.40. This represents a 1.93% 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. Insiders sold 195,774 shares of company stock worth $51,643,704 in the last 90 days. 8.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of research reports. Royal Bank Of Canada reiterated a “buy” rating on shares of Amazon.com in a report on Tuesday, June 16th. UBS Group set a $315.00 price objective on Amazon.com in a research report on Monday, June 1st. Canaccord Genuity Group lifted their target price on Amazon.com from $300.00 to $330.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. TD Cowen restated a “buy” rating and issued a $340.00 target price (down from $350.00) on shares of Amazon.com in a research note on Wednesday. Finally, Arete Research upped their price target on Amazon.com from $301.00 to $310.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Fifty-seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and an average target price of $312.79.

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.