Ceera Investments LLC Has $270,000 Position in Amazon.com, Inc. $AMZN

Ceera Investments LLC lessened its position in Amazon.com, Inc. (NASDAQ:AMZN) by 83.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,170 shares of the e-commerce giant’s stock after selling 6,031 shares during the period. Ceera Investments LLC’s holdings in Amazon.com were worth $270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the company. Fairway Wealth LLC increased its position in Amazon.com by 113.2% during the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after buying an additional 60 shares during the last quarter. Sellwood Investment Partners LLC acquired a new stake in shares of Amazon.com in the third quarter valued at approximately $27,000. MilWealth Group LLC lifted its position in shares of Amazon.com by 79.0% in the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after buying an additional 79 shares during the last quarter. Bridge Generations Wealth Management LLC boosted its stake in shares of Amazon.com by 2,330.0% during the 3rd quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant’s stock worth $53,000 after acquiring an additional 233 shares during the period. Finally, Cooksen Wealth LLC increased its holdings in shares of Amazon.com by 23.5% during the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock worth $54,000 after acquiring an additional 47 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Down 0.3%

Shares of AMZN opened at $245.22 on Tuesday. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $278.56. The firm’s 50 day moving average is $250.62 and its 200-day moving average is $233.14. The stock has a market capitalization of $2.64 trillion, a PE ratio of 29.33, a P/E/G ratio of 1.84 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.63 by $1.15. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The business 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 posted $1.59 earnings per share. The firm’s quarterly revenue was up 16.6% compared to the same quarter last year. Equities research analysts forecast that Amazon.com, Inc. will post 7.71 EPS for the current year.

Analysts Set New Price Targets

AMZN has been the topic of a number of research analyst reports. Arete Research increased their price target on Amazon.com from $301.00 to $310.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Robert W. Baird upped their price objective on shares of Amazon.com from $285.00 to $300.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. Citigroup reissued a “market outperform” rating on shares of Amazon.com in a research report on Monday, June 1st. DZ Bank raised their target price on shares of Amazon.com from $295.00 to $320.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Finally, Weiss Ratings raised shares of Amazon.com from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 6th. Fifty-seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average price target of $312.52.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Amazon signed a multibillion-dollar deal with Corning to supply optical fiber, cable, and connectivity products for its rapidly expanding U.S. AI data centers, reinforcing demand tied to AWS and the company’s infrastructure buildout. Amazon, Corning sign multi-billion-dollar deal to boost fiber optics manufacturing in US
• Positive Sentiment: The FCC gave Amazon Leo more flexibility on its satellite deployment timeline, easing execution pressure as Amazon races to build a Starlink competitor and expand its satellite internet ambitions. FCC gives Amazon Leo more leeway on its satellite deployment schedule
• Positive Sentiment: Amazon rolled out an Alexa AI shopping feature that lets U.S. customers create custom designs for print-on-demand products, adding another AI-driven consumer use case and potential commerce revenue stream. Amazon Deploys Alexa AI to Disrupt Print-on-Demand Market
• Positive Sentiment: Several articles highlighted Amazon as a favored AI and megacap stock, with investor commentary pointing to strong long-term fundamentals and continued cloud-led growth. Is Amazon Stock a Buy Right Now?
• Neutral Sentiment: Amazon’s Twitch CEO argued that live streaming offers more human connection than traditional social media; interesting for the platform, but not likely a major stock mover on its own. Twitch CEO: Social media has become ‘anti-social’ and can’t match the shared, human connection of live streaming
• Negative Sentiment: A report from Paubox claimed Amazon SES could expose protected health information in plaintext if encryption fails, which could raise reputational and compliance concerns if the issue gains traction. Amazon Says SES Requires TLS 1.2. Paubox Testing Shows It Doesn’t.
• Negative Sentiment: The company continues to spend heavily on AI, data centers, satellites, and logistics, which supports long-term growth but can weigh on near-term sentiment if investors focus on capital intensity and returns. Amazon’s (AMZN) AI Spending Boom Is Creating a New Investor Debate

Insider Activity

In related news, VP Shelley Reynolds sold 2,363 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $262.38, for a total transaction of $620,003.94. Following the completion of the sale, the vice president owned 119,780 shares of the company’s stock, valued at $31,427,876.40. This represents a 1.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 Matthew S. Garman sold 15,467 shares of the stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $263.40, for a total transaction of $4,074,007.80. Following the sale, the chief executive officer owned 14,159 shares in the company, valued at $3,729,480.60. The trade was a 52.21% 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. In the last quarter, insiders sold 195,774 shares of company stock worth $51,614,434. 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.