Orange Investment Advisors Inc. Cuts Holdings in Amazon.com, Inc. $AMZN

Orange Investment Advisors Inc. decreased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 13.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,925 shares of the e-commerce giant’s stock after selling 12,032 shares during the period. Amazon.com comprises approximately 2.2% of Orange Investment Advisors Inc.’s investment portfolio, making the stock its 11th biggest holding. Orange Investment Advisors Inc.’s holdings in Amazon.com were worth $16,646,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. MilWealth Group LLC lifted its stake in shares of Amazon.com by 79.0% during the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after purchasing an additional 79 shares during the last quarter. Lifetime Wealth Management P.C. purchased a new position in Amazon.com in the fourth quarter valued at about $45,000. Elkhorn Partners Limited Partnership raised its holdings in Amazon.com by 900.0% in the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 180 shares in the last quarter. Fairway Wealth LLC raised its holdings in Amazon.com by 95.6% in the fourth quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock worth $51,000 after purchasing an additional 108 shares in the last quarter. Finally, Prudent Man Investment Management Inc. lifted its position in shares of Amazon.com by 87.7% during the fourth quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock valued at $53,000 after buying an additional 107 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Performance

AMZN traded up $2.87 during trading on Tuesday, reaching $247.03. 5,884,606 shares of the company’s stock were exchanged, compared to its average volume of 50,336,535. 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, Inc. has a 1 year low of $196.00 and a 1 year high of $278.56. The company’s fifty day simple moving average is $254.57 and its 200-day simple moving average is $234.65. The stock has a market capitalization of $2.66 trillion, a P/E ratio of 29.49, a price-to-earnings-growth ratio of 1.81 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS 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 for the quarter, compared to the consensus estimate of $177.28 billion. During the same period in the prior year, the firm earned $1.59 EPS. The business’s revenue for the quarter was up 16.6% on a year-over-year basis. As a group, research analysts predict that Amazon.com, Inc. will post 7.75 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Matthew S. Garman sold 15,467 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $263.40, for a total value of $4,074,007.80. Following the completion of the transaction, the chief executive officer owned 14,159 shares of the company’s stock, valued at $3,729,480.60. The trade was a 52.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available 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 business’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 $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 $598,335,650. The trade was a 1.42% 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. Over the last 90 days, insiders have sold 195,774 shares of company stock worth $51,643,704. Corporate insiders own 8.90% of the company’s stock.

More Amazon.com News

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

• Positive Sentiment: Reuters reported that Amazon is looking to raise at least $25 billion through a U.S. dollar bond sale to help fund its large AI investments, signaling continued commitment to expanding its cloud and AI infrastructure. Amazon aims to raise $25 billion from bond sale, Bloomberg News reports
• Positive Sentiment: Amazon Web Services is accelerating its custom chip strategy, with reports saying AWS is pushing Trainium 3 production higher and reserving most of the new capacity for enterprise customers, which could support future margin expansion. Amazon Could be On the Cusp of Reshaping the Artificial Intelligence (AI) Chip Market. Should Nvidia Investors be Worried?
• Positive Sentiment: AWS is also reported to be investing $1 billion in forward-deployed engineers, a move that could deepen customer relationships and strengthen Amazon’s enterprise AI push. Amazon Follows Palantir’s Playbook: How Forward Deployed Engineers Target the Enterprise AI Gold Rush
• Positive Sentiment: Reuters said fresh food offerings are boosting demand for Amazon’s 15-minute delivery service in Brazil, and the company is expanding its product selection there by 15%, showing traction in international quick-commerce. Fresh foods boost Amazon Now demand in Brazil, executive says
• Positive Sentiment: Multiple articles highlighted Amazon as a likely beneficiary of Anthropic’s growth and any future IPO, reinforcing the value of Amazon’s AI investments and strategic stake. Forget the Anthropic IPO: These 2 Stocks Could Benefit First
• Neutral Sentiment: Several commentary pieces discussed Amazon’s valuation, Prime Day, and whether the stock is attractive after its recent pullback, but these were more opinion-driven than new company-specific catalysts. Should Investors Buy Amazon Stock Instead of Walmart?
• Negative Sentiment: One article noted that Amazon has fallen about 13% over the past month, reflecting ongoing investor concern around near-term performance and possibly heavier spending. Down 13% in 1 Month, Is Amazon a Buy, or Is the Worst Still to Come?
• Negative Sentiment: There is also some market chatter about increased competition in e-commerce and delivery, including reports of rival low-price shopping platforms and retailer promotions, which could pressure Amazon’s retail business. Chu Hai Bang (Shenzhen) Technology Co., Ltd. Launches Vibeperk Global Low-Price Shopping Mall…

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of analyst reports. Sanford C. Bernstein reissued an “outperform” rating and set a $315.00 target price (up from $300.00) on shares of Amazon.com in a research report on Thursday, April 30th. William Blair reissued an “outperform” rating on shares of Amazon.com in a research report on Thursday, April 9th. JPMorgan Chase & Co. restated a “buy” rating on shares of Amazon.com in a research note on Friday, June 26th. KeyCorp increased their price target on Amazon.com from $325.00 to $330.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Benchmark boosted their price target on Amazon.com from $275.00 to $370.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Fifty-seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and an average target price of $312.79.

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.