Amazon.com, Inc. $AMZN is MGO One Seven LLC’s 5th Largest Position

MGO One Seven LLC lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 11.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 270,931 shares of the e-commerce giant’s stock after purchasing an additional 26,824 shares during the period. Amazon.com accounts for about 1.3% of MGO One Seven LLC’s investment portfolio, making the stock its 5th biggest position. MGO One Seven LLC’s holdings in Amazon.com were worth $62,536,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the company. Summerhill Capital Management lnc. boosted its holdings in shares of Amazon.com by 0.3% in the fourth quarter. Summerhill Capital Management lnc. now owns 35,068 shares of the e-commerce giant’s stock valued at $8,094,000 after purchasing an additional 92 shares during the period. MPS Loria Financial Planners LLC boosted its holdings in shares of Amazon.com by 4.0% in the fourth quarter. MPS Loria Financial Planners LLC now owns 8,405 shares of the e-commerce giant’s stock valued at $1,940,000 after purchasing an additional 322 shares during the period. Cassaday & Co Wealth Management LLC boosted its holdings in shares of Amazon.com by 2.0% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 77,378 shares of the e-commerce giant’s stock valued at $17,860,000 after purchasing an additional 1,545 shares during the period. Detalus Advisors LLC boosted its holdings in shares of Amazon.com by 0.9% in the fourth quarter. Detalus Advisors LLC now owns 12,824 shares of the e-commerce giant’s stock valued at $2,960,000 after purchasing an additional 118 shares during the period. Finally, CORDA Investment Management LLC. boosted its holdings in shares of Amazon.com by 0.7% in the fourth quarter. CORDA Investment Management LLC. now owns 213,250 shares of the e-commerce giant’s stock valued at $49,222,000 after purchasing an additional 1,457 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. KeyCorp boosted their price target on Amazon.com from $325.00 to $330.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. BNP Paribas Exane boosted their price target on Amazon.com from $320.00 to $345.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Needham & Company LLC boosted their price target on Amazon.com from $265.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Bank of America boosted their price target on Amazon.com from $298.00 to $310.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Finally, Wedbush reduced their price objective on shares of Amazon.com from $340.00 to $300.00 and set an “outperform” rating for the company in a research note on Friday, February 6th. Fifty-seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and a consensus target price of $312.83.

Amazon.com Stock Performance

Shares of AMZN stock opened at $270.64 on Friday. The business’s fifty day simple moving average is $245.38 and its 200-day simple moving average is $232.61. The company has a market cap of $2.91 trillion, a PE ratio of 32.37, a PEG ratio of 2.03 and a beta of 1.46. 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 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 transaction, the chief executive officer directly owned 14,159 shares of the company’s stock, valued at approximately $3,729,480.60. This represents a 52.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible 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 company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $268.53, for a total value of $2,489,273.10. Following the transaction, the senior vice president directly owned 41,190 shares in the company, valued at approximately $11,060,750.70. The trade was a 18.37% 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. In the last ninety days, insiders sold 195,774 shares of company stock valued at $51,552,494. 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: Truist raised its price target on Amazon and reiterated a buy rating, signaling confidence that the stock still has room to climb from current levels.
• Positive Sentiment: Amazon’s investment in Anthropic is drawing attention after the AI startup’s valuation surged, with several reports noting that Amazon benefits as Anthropic grows and that the relationship could become an increasingly valuable long-term asset for AWS.
• Positive Sentiment: Snowflake’s $6 billion AWS commitment and strong earnings have highlighted continued enterprise demand for Amazon Web Services, supporting the view that Amazon’s cloud business remains a key growth engine.
• Positive Sentiment: Multiple stories emphasized Amazon’s AI momentum, including AWS’s fastest growth in 15 quarters and plans to expand Bedrock with more advanced model offerings, reinforcing expectations that AI will keep driving revenue and margin expansion.
• Positive Sentiment: Prominent investors and commentators, including Cathie Wood and Jim Cramer, were cited as bullish on Amazon, which can help sentiment around the stock. Article: Jim Cramer Explains One of the Reasons “Amazon Stock Has Been Going Ever Higher”
• Neutral Sentiment: Amazon shut down an internal AI leaderboard after employees exaggerated usage scores, a sign the company is trying to control AI spending and improve discipline rather than a direct business setback. Article: Amazon says it shut down a token leaderboard: ‘Don’t use AI just to use AI’
• Neutral Sentiment: Coverage around Amazon nearing the $3 trillion market-cap milestone and outperforming since earnings is supportive, but it mostly reflects momentum already built into the stock rather than a new catalyst.
• Negative Sentiment: Australia’s competition regulator sued Amazon’s local unit over children’s backpacks lacking required battery warning labels, adding a regulatory overhang.
• Negative Sentiment: Blue Origin’s rocket explosion created a negative headline for Jeff Bezos’s broader empire, though the direct impact on Amazon is limited.
• Negative Sentiment: Some commentary also raised concerns about rising AI capital spending and margin pressure, which could matter if Amazon’s infrastructure buildout accelerates faster than monetization.

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.