Torque Asset Management LLC Buys 11,052 Shares of Amazon.com, Inc. $AMZN

Torque Asset Management LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 233,657 shares of the e-commerce giant’s stock after buying an additional 11,052 shares during the period. Amazon.com accounts for 18.7% of Torque Asset Management LLC’s investment portfolio, making the stock its largest position. Torque Asset Management LLC’s holdings in Amazon.com were worth $53,933,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AMZN. MilWealth Group LLC boosted its stake in Amazon.com by 79.0% during the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after buying an additional 79 shares during the last quarter. Fairway Wealth LLC lifted its stake in shares of Amazon.com by 95.6% in the 4th quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock valued at $51,000 after purchasing an additional 108 shares during the last quarter. Prudent Man Investment Management Inc. lifted its stake in shares of Amazon.com by 87.7% in the 4th quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock valued at $53,000 after purchasing an additional 107 shares during the last quarter. Bridge Generations Wealth Management LLC lifted its stake in shares of 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 purchasing an additional 233 shares during the last quarter. Finally, Cooksen Wealth LLC lifted its stake 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. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com News Summary

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

• Positive Sentiment: Brokerages continue to view Amazon.com, Inc. (AMZN) favorably, with an average recommendation of “Moderate Buy,” reinforcing Wall Street’s generally bullish long-term view on the stock.
• Positive Sentiment: Amazon is drawing attention for its expanding AI infrastructure spending and cloud growth, including a reported multibillion-dollar data center buildout in Missouri and broader capex plans that investors see as supporting AWS and future revenue growth.
• Positive Sentiment: Amazon’s low-Earth-orbit satellite project, Amazon Leo, received a regulatory boost after the FCC waived a launch deadline and described the service as “groundbreaking,” which could improve confidence in Amazon’s long-term space/broadband ambitions.
• Positive Sentiment: Several articles highlighted renewed bullish sentiment around AMZN’s valuation and upside potential, with some analysts and commentators arguing the recent pullback may be a buying opportunity.
• Neutral Sentiment: Amazon is also benefiting from broad investor interest in AI and cloud ecosystems, including partnerships and integrations involving AWS and Anthropic-related tooling, which support the company’s strategic positioning but are not immediate earnings drivers.
• Negative Sentiment: The biggest near-term risk is a reported FTC complaint over Amazon’s advertising disclosures and pricing practices, with potential multibillion-dollar penalties if the regulator proceeds with a lawsuit or settlement.
• Negative Sentiment: The regulatory news adds to existing pressure on AMZN shares, as investors weigh whether the company’s heavy AI and infrastructure spending will keep weighing on margins in the near term.

Amazon.com Price Performance

AMZN stock opened at $246.00 on Wednesday. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $2.65 trillion, a PE ratio of 29.43, a P/E/G ratio of 1.84 and a beta of 1.44. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $278.56. The business’s fifty day moving average price is $254.94 and its 200 day moving average price is $233.91.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, topping the consensus estimate of $1.63 by $1.15. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The company had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. During the same quarter in the prior year, the business earned $1.59 EPS. Amazon.com’s revenue was up 16.6% on a year-over-year basis. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 7.71 EPS for the current year.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 20,000 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $263.42, for a total transaction of $5,268,400.00. Following the sale, the chief executive officer owned 2,205,766 shares in the company, valued at $581,042,879.72. This represents a 0.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 15,467 shares of the company’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 sale, the chief executive officer owned 14,159 shares in the company, valued at approximately $3,729,480.60. This trade represents a 52.21% 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. Insiders have sold 195,774 shares of company stock worth $51,614,434 over the last quarter. 8.90% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on AMZN. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Amazon.com in a research note on Tuesday. Susquehanna reaffirmed a “positive” rating and issued a $325.00 price target (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. Guggenheim reaffirmed a “buy” rating and issued a $320.00 price target (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. Canaccord Genuity Group upped their price target on Amazon.com from $300.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Weiss Ratings raised Amazon.com from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 6th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $312.78.

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.