Krilogy Financial LLC Has $38 Million Holdings in Amazon.com, Inc. $AMZN

Krilogy Financial LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 12.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 159,365 shares of the e-commerce giant’s stock after acquiring an additional 17,681 shares during the period. Amazon.com makes up approximately 1.3% of Krilogy Financial LLC’s holdings, making the stock its 15th largest holding. Krilogy Financial LLC’s holdings in Amazon.com were worth $37,996,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Beacon Bridge Wealth Partners LLC increased its holdings in shares of Amazon.com by 3.9% during the 4th quarter. Beacon Bridge Wealth Partners LLC now owns 2,487 shares of the e-commerce giant’s stock worth $574,000 after purchasing an additional 93 shares during the period. Holcombe Financial Inc. lifted its stake in shares of Amazon.com by 7.1% in the fourth quarter. Holcombe Financial Inc. now owns 1,589 shares of the e-commerce giant’s stock valued at $367,000 after buying an additional 105 shares during the period. Hamilton Capital Partners LLC grew its position in Amazon.com by 7.5% during the fourth quarter. Hamilton Capital Partners LLC now owns 84,214 shares of the e-commerce giant’s stock worth $19,438,000 after buying an additional 5,879 shares in the last quarter. Earned Wealth Advisors LLC grew its position in Amazon.com by 80.2% during the fourth quarter. Earned Wealth Advisors LLC now owns 50,926 shares of the e-commerce giant’s stock worth $11,755,000 after buying an additional 22,662 shares in the last quarter. Finally, Berkshire Money Management Inc. increased its stake in Amazon.com by 2.4% during the fourth quarter. Berkshire Money Management Inc. now owns 11,036 shares of the e-commerce giant’s stock valued at $2,547,000 after acquiring an additional 258 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Douglas J. Herrington sold 27,500 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $275.00, for a total value of $7,562,500.00. Following the sale, the chief executive officer owned 471,361 shares of the company’s stock, valued at approximately $129,624,275. This represents a 5.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 10,649 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the sale, the senior vice president owned 41,190 shares of the company’s stock, valued at $8,461,661.70. This trade represents a 20.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 191,593 shares of company stock worth $46,289,241 over the last 90 days. 8.90% of the stock is currently owned by company insiders.

Amazon.com News Roundup

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

• Positive Sentiment: Amazon’s latest earnings beat showed stronger-than-expected revenue and profits, while AWS growth and AI-related demand continue to support the long-term growth narrative. Amazon Over Spending on AI?
• Positive Sentiment: Amazon is opening its logistics network to outside customers through Amazon Supply Chain Services, creating a new revenue stream beyond retail and cloud. Amazon Bets Logistics Is the New Cloud
• Positive Sentiment: Amazon Pharmacy is expanding access to Novo Nordisk’s Ozempic pill through same-day delivery and kiosks, adding another growth angle in healthcare. Amazon to Carry Ozempic
• Positive Sentiment: Several analysts have raised price targets after the Q1 report, reflecting confidence that Amazon can keep compounding growth. Analyst Target Raises
• Neutral Sentiment: CEO Andy Jassy sold shares under a pre-arranged trading plan, which is notable but does not necessarily signal a change in fundamentals. Jassy Share Sale
• Neutral Sentiment: Some articles highlighted concerns about Amazon’s heavy AI and data-center spending, but investors appear willing to give the company time to convert that investment into future growth. Cash Burn Concern
• Negative Sentiment: An AWS cooling issue caused a brief outage that disrupted services at other platforms, reminding investors that cloud reliability remains a key risk for Amazon Web Services. AWS Outage

Amazon.com Price Performance

Amazon.com stock opened at $272.62 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01. The company has a market capitalization of $2.93 trillion, a PE ratio of 32.61, a price-to-earnings-growth ratio of 1.96 and a beta of 1.46. Amazon.com, Inc. has a one year low of $191.16 and a one year high of $278.56. The business has a 50 day simple moving average of $227.55 and a 200 day simple moving average of $228.72.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, beating 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 firm had revenue of $181.52 billion for the quarter, compared to analysts’ expectations of $177.28 billion. During the same period in the prior year, the business posted $1.59 earnings per share. The business’s revenue was up 16.6% compared to the same quarter last year. On average, sell-side analysts forecast that Amazon.com, Inc. will post 7.98 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on AMZN. KeyCorp upped their price target on Amazon.com from $325.00 to $330.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Rosenblatt Securities lifted their price objective on Amazon.com from $296.00 to $332.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Moffett Nathanson upped their target price on Amazon.com from $283.00 to $288.00 and gave the company a “buy” rating in a research note on Tuesday, April 7th. Daiwa Securities Group reduced their target price on Amazon.com from $300.00 to $280.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Finally, Telsey Advisory Group lifted their price target on shares of Amazon.com from $300.00 to $315.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Fifty-six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Amazon.com currently has an average rating of “Moderate Buy” and a consensus price target of $313.09.

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.