Patron Partners LLC Purchases 4,070 Shares of Amazon.com, Inc. $AMZN

Patron Partners LLC raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 14.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,484 shares of the e-commerce giant’s stock after purchasing an additional 4,070 shares during the period. Amazon.com accounts for approximately 3.1% of Patron Partners LLC’s holdings, making the stock its 6th biggest position. Patron Partners LLC’s holdings in Amazon.com were worth $6,913,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Brighton Jones LLC grew its stake in shares of Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after purchasing an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock worth $5,495,000 after purchasing an additional 986 shares during the period. Bank Pictet & Cie Europe AG grew its position in Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after buying an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE grew its position in Amazon.com by 5.5% in the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after buying an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC acquired a new position in Amazon.com during the 4th quarter valued at about $2,153,000. Institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 0.4%

Shares of NASDAQ AMZN opened at $198.79 on Friday. The business has a fifty day simple moving average of $230.69 and a 200-day simple moving average of $228.83. The company has a market cap of $2.13 trillion, a price-to-earnings ratio of 27.73, a P/E/G ratio of 1.27 and a beta of 1.37. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The firm had revenue of $213.39 billion for the quarter, compared to analysts’ expectations of $211.02 billion. During the same period in the prior year, the company posted $1.86 earnings per share. Amazon.com’s quarterly revenue was up 13.6% compared to the same quarter last year. Sell-side analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity

In other news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction on Friday, November 21st. The stock was sold at an average price of $216.94, for a total value of $4,311,031.68. Following the completion of the sale, the chief executive officer owned 2,208,310 shares in the company, valued at $479,070,771.40. This represents a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Keith Brian Alexander sold 900 shares of Amazon.com stock in a transaction on Monday, November 17th. The shares were sold at an average price of $233.00, for a total value of $209,700.00. Following the transaction, the director owned 7,170 shares in the company, valued at $1,670,610. This represents a 11.15% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 48,061 shares of company stock worth $10,559,262. 9.70% of the stock is owned by corporate insiders.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: AWS momentum and cloud demand remain a structural support for AMZN; analysts point to expanding AI and cloud revenues that underpin long?term growth. AWS Momentum Supports Amazon.com
• Positive Sentiment: Amazon’s minority stake in BETA Technologies and other strategic bets could boost logistics/sustainability optionality and have drawn analyst interest as long?term strategic wins. Amazon Bets Big on BETA
• Positive Sentiment: Amazon?backed X?Energy secured a U.S. nuclear fuel license — a long?dated infrastructure win that could help power data centers and reduce energy costs for AWS over time. X?Energy Secures Nuclear Fuel License
• Positive Sentiment: Amazon Pharmacy continues to expand same?day delivery to thousands more cities — a near?term revenue/market?share positive for the retail segment. Amazon Pharmacy Same?Day Expansion
• Positive Sentiment: Large institutional activity: several managers (e.g., PRIMECAP, Egerton) have recently increased stakes, signaling conviction from long?term holders. PRIMECAP Boosts Amazon Stake
• Neutral Sentiment: Amazon’s satellite/LEO program advanced with a multi?satellite Ariane 6 launch — a strategic long?term investment but cash?intensive today. Ariane 6 Launches Amazon LEO Satellites
• Neutral Sentiment: Some analysts trimmed price targets (New Street cut its target but left a buy rating), reflecting mixed near?term views while maintaining longer?term upside. New Street Lowers Price Target
• Negative Sentiment: Technical and sentiment pressure: multiple outlets report AMZN entered a bear market and just hit its worst multi?day losing streak in nearly 20 years as investors punish heavy capex and rotate out of big tech. Worst Losing Streak / Bear Market
• Negative Sentiment: Investors are explicitly worried about the ~$200B AI capex plan (and the broader $700B hyperscaler capex wave) — concerns center on cash flow, near?term returns and multiple compression. Mag 7 CapEx Wave
• Negative Sentiment: Reputational and regulatory noise: Ring’s Super Bowl ad backlash led Amazon’s Ring to cancel a Flock Safety partnership, and Italian tax authorities conducted searches in a new probe — both add short?term headline risk. Ring Ad Backlash / Flock Cancellation Italian Tax Probe

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Benchmark reaffirmed a “buy” rating on shares of Amazon.com in a research note on Thursday, January 29th. DA Davidson restated a “neutral” rating and issued a $175.00 target price (down from $300.00) on shares of Amazon.com in a research report on Friday, February 6th. Maxim Group increased their price target on Amazon.com from $280.00 to $290.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Barclays reissued a “buy” rating on shares of Amazon.com in a research note on Friday, February 6th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $260.00 target price (down previously from $300.00) on shares of Amazon.com in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $287.48.

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.