2,210 Shares in Amazon.com, Inc. $AMZN Acquired by Walleye Partners LLC

Walleye Partners LLC acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 2,210 shares of the e-commerce giant’s stock, valued at approximately $510,000. Amazon.com makes up 0.6% of Walleye Partners LLC’s portfolio, making the stock its 28th largest position.

Other institutional investors have also made changes to their positions in the company. Fairway Wealth LLC grew its stake in shares of Amazon.com by 113.2% in the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock valued at $25,000 after buying an additional 60 shares in the last quarter. Sellwood Investment Partners LLC purchased a new stake in Amazon.com during the 3rd quarter worth approximately $27,000. Bridge Generations Wealth Management LLC boosted its position in Amazon.com by 2,330.0% in the 3rd quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant’s stock valued at $53,000 after buying an additional 233 shares during the period. Cooksen Wealth LLC increased its position in shares of Amazon.com by 23.5% in the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock valued at $54,000 after purchasing an additional 47 shares during the last quarter. Finally, PayPay Securities Corp lifted its holdings in Amazon.com by 62.3% during the 3rd quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant’s stock worth $55,000 after buying an additional 96 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on AMZN shares. Benchmark boosted their target price on Amazon.com from $275.00 to $370.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Stifel Nicolaus set a $319.00 target price on Amazon.com and gave the company a “buy” rating in a report on Thursday, April 30th. William Blair reiterated an “outperform” rating on shares of Amazon.com in a report on Thursday, April 9th. Wells Fargo & Company reissued an “overweight” rating and set a $313.00 price target (up from $307.00) on shares of Amazon.com in a research report on Thursday, April 30th. Finally, China Renaissance increased their target price on Amazon.com from $300.00 to $326.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Fifty-six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average price target of $313.09.

More Amazon.com News

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

• Positive Sentiment: Amazon is expanding its new “Amazon Now” service, offering 30-minute delivery in dozens of U.S. cities. That strengthens its competitive position in quick commerce and could support higher customer engagement and order frequency. Amazon cranks up 30-minute delivery in major U.S. cities
• Positive Sentiment: Several reports highlight Amazon’s continued push into AI infrastructure and cloud spending, including plans to tap global debt markets to fund that buildout. Investors may see this as a long-term growth catalyst for AWS and Amazon’s AI capabilities. Alphabet, Amazon tap overseas debt markets to fund AI infrastructure push
• Positive Sentiment: TD Cowen reiterated a Buy rating on Amazon and raised its price target to $350, reinforcing Wall Street’s bullish view after Amazon’s strong recent earnings and revenue growth. Amazon.com had its buy rating reaffirmed by TD Cowen
• Positive Sentiment: Amazon’s Prime Video plans to invest 90 million euros in French film and TV production, adding another sign that the company is building out its entertainment and advertising ecosystem. Amazon.com’s Prime Video Set to Invest 90 Million Euros in French Film and TV Production
• Neutral Sentiment: Some articles note that large institutional investors trimmed Amazon holdings, which may reflect portfolio rebalancing rather than a fundamental change in the company’s outlook. Vulcan Value Partners cuts Amazon stake, sells 164,067 shares
• Negative Sentiment: Sen. Elizabeth Warren is pressing regulators to examine whether AI data centers run by Amazon and peers are pushing electricity costs higher for households, which could increase political and regulatory scrutiny around Amazon’s AI expansion. Elizabeth Warren Targets Amazon, Google, Microsoft And Meta
• Negative Sentiment: There are also reports that some Amazon employees are using internal AI tools for trivial tasks to boost usage metrics, which could raise questions about internal efficiency and AI adoption quality. Andy Jassy Just Said Something Big: Here’s What It Means for Amazon’s Stock

Amazon.com Stock Down 1.2%

Shares of NASDAQ:AMZN opened at $265.82 on Wednesday. The company has a market capitalization of $2.86 trillion, a price-to-earnings ratio of 31.80, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46. The company has a 50 day moving average of $231.12 and a two-hundred day moving average of $229.78. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $278.56. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27.

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 the consensus estimate of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The business had revenue of $181.52 billion during the quarter, compared to the consensus estimate of $177.28 billion. During the same period in the prior year, the firm earned $1.59 earnings per share. The business’s quarterly revenue was up 16.6% compared to the same quarter last year. As a group, analysts forecast that Amazon.com, Inc. will post 7.72 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Amazon.com news, CEO Andrew R. Jassy sold 31,352 shares of Amazon.com 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 $8,621,800.00. Following the sale, the chief executive officer directly owned 2,175,766 shares in the company, valued at $598,335,650. The trade was a 1.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 27,500 shares of the company’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 completion of the transaction, the chief executive officer directly owned 471,361 shares in the company, valued at approximately $129,624,275. The trade was a 5.51% 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 sold a total of 190,593 shares of company stock valued at $46,081,241 in the last three months. 8.90% of the stock is owned by insiders.

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.