SBI Securities Co. Ltd. Sells 2,426 Shares of Amazon.com, Inc. $AMZN

SBI Securities Co. Ltd. decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.6% during the fourth quarter, HoldingsChannel reports. The firm owned 397,978 shares of the e-commerce giant’s stock after selling 2,426 shares during the period. Amazon.com makes up approximately 2.4% of SBI Securities Co. Ltd.’s holdings, making the stock its 11th biggest holding. SBI Securities Co. Ltd.’s holdings in Amazon.com were worth $91,861,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in AMZN. Garner Asset Management Corp lifted its position in Amazon.com by 0.6% in the 4th quarter. Garner Asset Management Corp now owns 23,580 shares of the e-commerce giant’s stock worth $5,443,000 after buying an additional 130 shares during the last quarter. Liberty Atlantic Advisors LLC bought a new stake in Amazon.com in the 4th quarter worth approximately $565,000. Alpha Cubed Investments LLC lifted its position in Amazon.com by 5.6% in the 4th quarter. Alpha Cubed Investments LLC now owns 612,612 shares of the e-commerce giant’s stock worth $141,403,000 after buying an additional 32,296 shares during the last quarter. Cresta Advisors Ltd. lifted its position in Amazon.com by 8.2% in the 4th quarter. Cresta Advisors Ltd. now owns 18,184 shares of the e-commerce giant’s stock worth $4,197,000 after buying an additional 1,375 shares during the last quarter. Finally, McIlrath & Eck LLC lifted its position in Amazon.com by 7.6% in the 4th quarter. McIlrath & Eck LLC now owns 21,439 shares of the e-commerce giant’s stock worth $4,949,000 after buying an additional 1,510 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 27,500 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $275.00, for a total transaction 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. This represents a 5.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 that occurred on Monday, May 4th. The stock was sold at an average price of $275.00, for a total value of $8,621,800.00. Following the transaction, the chief executive officer owned 2,175,766 shares in the company, valued at $598,335,650. This trade represents a 1.42% 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 have sold 195,774 shares of company stock worth $51,552,494 in the last quarter. 8.90% of the stock is currently owned by company insiders.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Amazon Web Services got a major lift from news that Snowflake signed a $6 billion multiyear deal with AWS, underscoring strong demand for Amazon’s cloud infrastructure and AI-related chips. Article Title
• Positive Sentiment: Multiple analysts and market commentators remain bullish on AMZN, citing AWS acceleration, AI backlog growth, and margin expansion potential; UBS and Bank of America both reiterated constructive views and high price targets. Article Title
• Positive Sentiment: Amazon is also broadening its AI moat by making its shopping AI tools and potentially even SpaceX’s Grok models available through AWS, which could attract more enterprise customers and deepen platform usage. Article Title
• Positive Sentiment: Investor sentiment was helped by coverage arguing Amazon’s AI strategy is differentiated and that its cloud and retail ecosystem could remain a long-term winner as AI spending scales. Article Title
• Neutral Sentiment: Walmart’s expansion of 30-minute delivery adds competitive pressure in fast delivery, but it also confirms Amazon’s fulfillment model is still setting the pace in retail logistics. Article Title
• Negative Sentiment: Amazon’s local unit is facing an Australian regulator lawsuit over alleged missing warning labels on children’s backpacks with button batteries, creating a small legal and reputational headwind. Article Title
• Negative Sentiment: Some articles also pointed to heavy AI capex and insider selling, which may remind investors to watch margins and execution even as the growth narrative stays intact. Article Title

Amazon.com Stock Up 0.8%

Shares of NASDAQ:AMZN opened at $274.00 on Friday. 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 $2.95 trillion, a PE ratio of 32.78, a P/E/G ratio of 2.04 and a beta of 1.46. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01. The stock’s 50-day moving average is $244.17 and its 200 day moving average is $232.34.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $177.28 billion. During the same quarter in the previous year, the business earned $1.59 EPS. Amazon.com’s revenue was up 16.6% compared to the same quarter last year. Sell-side analysts anticipate that Amazon.com, Inc. will post 7.71 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Rosenblatt Securities lifted their price objective on Amazon.com from $296.00 to $332.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Bank of America lifted their price objective on Amazon.com from $298.00 to $310.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. BNP Paribas Exane lifted their price objective on Amazon.com from $320.00 to $345.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Pivotal Research reiterated a “buy” rating and issued a $320.00 price objective (up from $300.00) on shares of Amazon.com in a report on Thursday, April 30th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Amazon.com in a report on Monday, May 4th. Fifty-seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $312.66.

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.