Emissary Wealth LLC Takes Position in Amazon.com, Inc. $AMZN

Emissary Wealth LLC purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the fourth quarter, Holdings Channel.com reports. The fund purchased 22,562 shares of the e-commerce giant’s stock, valued at approximately $5,208,000. Amazon.com makes up approximately 4.4% of Emissary Wealth LLC’s portfolio, making the stock its 5th largest position.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. increased its position in Amazon.com by 1.1% during 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 in the last quarter. State Street Corp boosted its position in Amazon.com by 2.0% in the third quarter. State Street Corp now owns 381,681,441 shares of the e-commerce giant’s stock valued at $83,805,794,000 after buying an additional 7,584,156 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Amazon.com by 1.7% during the second quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant’s stock worth $47,332,625,000 after buying an additional 3,721,658 shares during the last quarter. Norges Bank bought a new stake in shares of Amazon.com during the second quarter worth $27,438,011,000. Finally, Northern Trust Corp increased its holdings in shares of Amazon.com by 0.3% during the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock worth $18,527,354,000 after buying an additional 302,858 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Key Amazon.com News

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

• Positive Sentiment: Amazon’s latest earnings beat showed stronger-than-expected revenue and profits, while AWS growth and AI-related demand continue to support the long-term growth narrative. Amazon Over Spending on AI?
• Positive Sentiment: Amazon is opening its logistics network to outside customers through Amazon Supply Chain Services, creating a new revenue stream beyond retail and cloud. Amazon Bets Logistics Is the New Cloud
• Positive Sentiment: Amazon Pharmacy is expanding access to Novo Nordisk’s Ozempic pill through same-day delivery and kiosks, adding another growth angle in healthcare. Amazon to Carry Ozempic
• Positive Sentiment: Several analysts have raised price targets after the Q1 report, reflecting confidence that Amazon can keep compounding growth. Analyst Target Raises
• Neutral Sentiment: CEO Andy Jassy sold shares under a pre-arranged trading plan, which is notable but does not necessarily signal a change in fundamentals. Jassy Share Sale
• Neutral Sentiment: Some articles highlighted concerns about Amazon’s heavy AI and data-center spending, but investors appear willing to give the company time to convert that investment into future growth. Cash Burn Concern
• Negative Sentiment: An AWS cooling issue caused a brief outage that disrupted services at other platforms, reminding investors that cloud reliability remains a key risk for Amazon Web Services. AWS Outage

Insider Activity

In other news, CEO Douglas J. Herrington sold 27,500 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were 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 in the company, valued at approximately $129,624,275. The trade was a 5.51% decrease in their position. The sale 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 31,352 shares of the company’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $275.00, for a total transaction of $8,621,800.00. Following the completion of the sale, the chief executive officer directly owned 2,175,766 shares in the company, valued at approximately $598,335,650. This represents a 1.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 191,593 shares of company stock worth $46,289,241 in the last 90 days. 8.90% of the stock is owned by company insiders.

Amazon.com Trading Up 0.5%

Shares of AMZN stock opened at $272.62 on Friday. The stock has a market cap of $2.93 trillion, a price-to-earnings ratio of 32.61, a PEG ratio of 1.97 and a beta of 1.46. The stock has a 50-day moving average of $227.55 and a 200-day moving average of $228.72. 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 1-year low of $191.16 and a 1-year high of $278.56.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data 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. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The company had revenue of $181.52 billion during the quarter, compared to the consensus estimate of $177.28 billion. During the same period last year, the company earned $1.59 earnings per share. The firm’s revenue was up 16.6% compared to the same quarter last year. On average, equities research analysts forecast that Amazon.com, Inc. will post 7.72 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently weighed in on AMZN. Robert W. Baird raised their price objective on Amazon.com from $285.00 to $300.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. Maxim Group upped their target price on Amazon.com from $290.00 to $315.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $330.00 target price (up from $280.00) on shares of Amazon.com in a research report on Thursday, April 30th. UBS Group reissued a “buy” rating and set a $333.00 price target (up from $304.00) on shares of Amazon.com in a research note on Wednesday, April 29th. Finally, HSBC boosted their price target on Amazon.com from $280.00 to $310.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Fifty-six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $313.09.

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.