Arthedge Capital Management LLC lowered its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 10.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 89,860 shares of the e-commerce giant’s stock after selling 10,440 shares during the quarter. Amazon.com accounts for about 13.6% of Arthedge Capital Management LLC’s portfolio, making the stock its 3rd largest position. Arthedge Capital Management LLC’s holdings in Amazon.com were worth $20,741,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also modified their holdings of the company. Compagnie Lombard Odier SCmA acquired a new stake in shares of Amazon.com in the 3rd quarter worth $451,642,000. Narwhal Capital Management lifted its stake in shares of Amazon.com by 2.3% in the 4th quarter. Narwhal Capital Management now owns 216,606 shares of the e-commerce giant’s stock worth $49,997,000 after acquiring an additional 4,854 shares during the period. Weaver Capital Management LLC lifted its stake in shares of Amazon.com by 13.6% in the 4th quarter. Weaver Capital Management LLC now owns 39,264 shares of the e-commerce giant’s stock worth $9,063,000 after acquiring an additional 4,713 shares during the period. Ethos Financial Group LLC lifted its stake in shares of Amazon.com by 9.6% in the 4th quarter. Ethos Financial Group LLC now owns 36,485 shares of the e-commerce giant’s stock worth $8,421,000 after acquiring an additional 3,196 shares during the period. Finally, Baltimore Washington Financial Advisors Inc. lifted its stake in shares of Amazon.com by 1.9% in the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 239,862 shares of the e-commerce giant’s stock worth $52,667,000 after acquiring an additional 4,558 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.
Analysts Set New Price Targets
Several analysts recently commented on AMZN shares. Roth Mkm raised their price objective on shares of Amazon.com from $285.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Evercore raised their price objective on shares of Amazon.com from $285.00 to $315.00 and gave the company an “outperform” rating in a research note on Thursday, April 30th. Benchmark raised their price objective on shares of Amazon.com from $275.00 to $370.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Mizuho raised their price objective on shares of Amazon.com from $315.00 to $325.00 and gave the company an “outperform” rating in a research note on Tuesday, April 28th. Finally, China Renaissance raised their price objective on shares of Amazon.com from $300.00 to $326.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Fifty-seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and a consensus price target of $312.78.
Insider Buying and Selling at Amazon.com
In other Amazon.com news, SVP David Zapolsky sold 9,270 shares of Amazon.com stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $268.53, for a total transaction of $2,489,273.10. Following the completion of the transaction, the senior vice president owned 41,190 shares in the company, valued at approximately $11,060,750.70. The trade was a 18.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $275.00, for a total transaction 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 trade represents a 5.51% 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 three months, insiders have sold 195,774 shares of company stock worth $51,614,434. 8.90% of the stock is currently owned by insiders.
Amazon.com Stock Performance
Shares of AMZN opened at $237.47 on Thursday. 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 stock has a market cap of $2.55 trillion, a P/E ratio of 28.41, a PEG ratio of 1.84 and a beta of 1.44. The company has a 50-day moving average of $255.43 and a two-hundred day moving average of $233.97. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $278.56.
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its 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. The company had revenue of $181.52 billion during the quarter, compared to analysts’ expectations of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The firm’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.59 earnings per share. As a group, research analysts predict that Amazon.com, Inc. will post 7.71 EPS for the current fiscal year.
Key Amazon.com News
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Amazon expanded its AI and cloud footprint at AWS, unveiling new AI agents and continuing to push “plumbing” for business AI use cases, which supports the long-term growth narrative. Amazon unveils new AI agents, trying to thread the needle between autonomy and human control
- Positive Sentiment: The company also invested in and partnered with Odyssey, an AI startup building world models, reinforcing Amazon’s interest in next-generation AI infrastructure. Amazon Teams With Newly-Minted Physical AI Unicorn Odyssey
- Positive Sentiment: Amazon’s AI executive said commercially useful quantum computers could arrive in 5–7 years, a signal that the company is investing early in a potentially important frontier technology. Amazon AI exec predicts first ‘commercially useful’ quantum computers in 5-7 years
- Positive Sentiment: Amazon also backed Odyssey’s $310 million funding round and gained access to the startup’s specialized chip resources through AWS, another sign of strategic AI spending. AI lab Odyssey valued at $1.45 billion in latest funding round
- Neutral Sentiment: Arianespace successfully launched 36 Amazon Leo satellites, a milestone for Amazon’s broadband constellation, but the move is still more of a long-term strategic update than an immediate earnings driver. The New Ariane 6 with 4 P160C Boosters Successfully Launches Amazon LEO Satellites
- Negative Sentiment: Investors are increasingly focused on a reported FTC action over Amazon’s advertising practices, with potential multibillion-dollar penalties creating a regulatory overhang. Amazon faces billions in penalties from potential FTC ad suit, Bloomberg News reports
- Negative Sentiment: AMZN also moved lower amid broader market weakness and a hawkish Fed tone, which pressured high-multiple growth stocks. Amazon Shares Dip As Fed Signals Hawkish Shift
- Negative Sentiment: Some articles also highlighted concern that Amazon’s AI spending remains large relative to near-term returns, adding valuation pressure. Bad News for NVIDIA, Amazon, and Microsoft: There’s No Longer Enough Cash for AI
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.
See Also
- Five stocks we like better than Amazon.com
- Cheap Thrills: Why These 3 Entertainment Stocks Are Soaring
- CoreWeave Insider Sales Look Big, But Should Investors Worry?
- Critical Metals: Sizing Up This Tiny Rare-Earth Stock Making Big Moves
- Meta and Cloud Computing: Real Potential, or a Shot in the Dark?
Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).
Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.
