Foundations Investment Advisors LLC grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 6.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 274,547 shares of the e-commerce giant’s stock after acquiring an additional 16,518 shares during the quarter. Amazon.com makes up approximately 0.8% of Foundations Investment Advisors LLC’s holdings, making the stock its 28th largest position. Foundations Investment Advisors LLC’s holdings in Amazon.com were worth $63,371,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in the company. Lifelong Wealth Advisors Inc. increased its holdings in shares of Amazon.com by 2.4% in the 4th quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock valued at $402,000 after acquiring an additional 41 shares during the last quarter. Financial Connections Group Inc. boosted its position in Amazon.com by 2.6% during the 4th quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant’s stock valued at $376,000 after purchasing an additional 42 shares during the period. Marquette Asset Management LLC grew its stake in Amazon.com by 5.1% during the 4th quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant’s stock worth $205,000 after buying an additional 43 shares during the last quarter. Western Financial Corp CA grew its stake in Amazon.com by 1.5% during the 4th quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant’s stock worth $710,000 after buying an additional 44 shares during the last quarter. Finally, Navalign LLC grew its stake in Amazon.com by 0.3% during the 4th quarter. Navalign LLC now owns 13,349 shares of the e-commerce giant’s stock worth $3,081,000 after buying an additional 44 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.
Amazon.com Trading Down 0.4%
NASDAQ:AMZN opened at $244.19 on Wednesday. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $278.56. The stock has a market cap of $2.63 trillion, a price-to-earnings ratio of 29.21, a PEG ratio of 1.84 and a beta of 1.44. The business has a fifty day moving average of $251.52 and a 200-day moving average of $233.29. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18.
Analyst Ratings Changes
A number of research analysts recently commented on AMZN shares. TD Cowen restated a “buy” rating and set a $350.00 price objective on shares of Amazon.com in a research note on Tuesday, May 12th. Citigroup reaffirmed a “market outperform” rating on shares of Amazon.com in a report on Monday, June 1st. Royal Bank Of Canada set a $320.00 price objective on shares of Amazon.com and gave the company an “outperform” rating in a research report on Thursday, April 30th. Barclays reiterated an “overweight” rating on shares of Amazon.com in a research report on Tuesday. Finally, Susquehanna reiterated a “positive” rating and issued a $325.00 price objective (up from $300.00) on shares of Amazon.com in a research report on Thursday, April 30th. Fifty-seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $312.52.
Key Stories Impacting Amazon.com
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Amazon continues to expand its AI and cloud infrastructure, including a multibillion-dollar fiber-optic agreement with Corning to support U.S. data center buildout, which reinforces long-term growth opportunities for AWS and AI services.
- Positive Sentiment: Analysts remain upbeat on AMZN, with recent Buy/Outperform reiterations and price targets above current levels, suggesting Wall Street sees the pullback as a potential entry point rather than a fundamental problem.
- Positive Sentiment: Amazon also announced new partnerships and product initiatives, including Amazon One Medical’s collaboration with Baptist Health in South Florida and AI-powered warehouse robotics, both of which support its broader ecosystem and automation strategy.
Insiders Place Their Bets
In other news, SVP David Zapolsky sold 9,270 shares of the 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 completion of the transaction, the senior vice president owned 41,190 shares of the company’s stock, valued at approximately $11,060,750.70. This represents a 18.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed 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 stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 2,175,766 shares of the company’s stock, valued at approximately $598,335,650. The trade was 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. In the last ninety days, insiders sold 195,774 shares of company stock worth $51,614,434. 8.90% of the stock is owned by company insiders.
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.
Further Reading
- Five stocks we like better than Amazon.com
- The Bank of Mom and Dad Is Booming—3 Stocks to Watch
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- Why’s Amazon Suddenly Lagging the S&P 500, and Is It a Warning?
- Crypto Winter Is Here: 3 Stocks To Put On Ice This Summer
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