76,192 Shares in Amazon.com, Inc. $AMZN Bought by Exane Asset Management

Exane Asset Management acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 76,192 shares of the e-commerce giant’s stock, valued at approximately $17,587,000. Amazon.com accounts for 4.0% of Exane Asset Management’s holdings, making the stock its 7th biggest holding.

Several other hedge funds have also added to or reduced their stakes in the business. Vista Finance LLC increased its holdings in Amazon.com by 2.3% during the 4th quarter. Vista Finance LLC now owns 5,197 shares of the e-commerce giant’s stock worth $1,200,000 after purchasing an additional 117 shares in the last quarter. Fortis Capital Advisors LLC lifted its stake in Amazon.com by 2.1% in the 4th quarter. Fortis Capital Advisors LLC now owns 51,959 shares of the e-commerce giant’s stock valued at $11,993,000 after purchasing an additional 1,078 shares during the last quarter. Aspiring Ventures LLC lifted its stake in Amazon.com by 10.8% in the 4th quarter. Aspiring Ventures LLC now owns 25,187 shares of the e-commerce giant’s stock valued at $5,814,000 after purchasing an additional 2,460 shares during the last quarter. Stephenson & Company Inc. lifted its stake in Amazon.com by 11.3% in the 4th quarter. Stephenson & Company Inc. now owns 1,054 shares of the e-commerce giant’s stock valued at $243,000 after purchasing an additional 107 shares during the last quarter. Finally, Krilogy Financial LLC lifted its stake in Amazon.com by 12.5% in the 4th quarter. Krilogy Financial LLC now owns 159,365 shares of the e-commerce giant’s stock valued at $37,996,000 after purchasing an additional 17,681 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $272.62 on Friday. The firm has a market capitalization of $2.93 trillion, a price-to-earnings ratio of 32.61, a PEG ratio of 1.96 and a beta of 1.46. The company’s fifty day moving average price is $227.55 and its 200-day moving average price is $228.72. Amazon.com, Inc. has a one year low of $191.16 and a one year high of $278.56. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $1.15. The firm had revenue of $181.52 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.59 EPS. On average, equities research analysts anticipate that Amazon.com, Inc. will post 7.98 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Jonathan Rubinstein sold 3,706 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $273.02, for a total transaction of $1,011,812.12. Following the completion of the transaction, the director owned 74,948 shares in the company, valued at approximately $20,462,302.96. This represents a 4.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 10,649 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the transaction, the senior vice president owned 41,190 shares of the company’s stock, valued at $8,461,661.70. This trade represents a 20.54% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 191,593 shares of company stock valued at $46,289,241. 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’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

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Piper Sandler reiterated an “overweight” rating and issued a $315.00 target price (up from $260.00) on shares of Amazon.com in a research note on Thursday, April 30th. TD Securities upgraded shares of Amazon.com to a “buy” rating in a research report on Monday, April 13th. Wells Fargo & Company reissued an “overweight” rating and issued a $313.00 price objective (up from $307.00) on shares of Amazon.com in a research note on Thursday, April 30th. Wedbush decreased their target price on shares of Amazon.com from $340.00 to $300.00 and set an “outperform” rating on the stock in a research note on Friday, February 6th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Amazon.com in a report on Monday, May 4th. Fifty-six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and a consensus target price of $313.09.

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.