Impact Partnership Wealth LLC Buys 3,397 Shares of Amazon.com, Inc. $AMZN

Impact Partnership Wealth LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 27.5% during the first quarter, Holdings Channel reports. The fund owned 15,728 shares of the e-commerce giant’s stock after buying an additional 3,397 shares during the period. Impact Partnership Wealth LLC’s holdings in Amazon.com were worth $3,276,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new stake in shares of Amazon.com during the 4th quarter worth approximately $32,868,735,000. Auto Owners Insurance Co lifted its stake in Amazon.com by 27,376.7% in the fourth quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant’s stock valued at $2,272,397,000 after purchasing an additional 98,090,585 shares during the last quarter. J. Stern & Co. LLP lifted its stake in Amazon.com by 20,598.0% in the fourth quarter. J. Stern & Co. LLP now owns 87,982,814 shares of the e-commerce giant’s stock valued at $20,308,193,000 after purchasing an additional 87,557,736 shares during the last quarter. Nuveen LLC bought a new position in Amazon.com during the first quarter valued at $11,674,091,000. Finally, Cardano Risk Management B.V. grew its holdings in Amazon.com by 879.4% during the fourth quarter. Cardano Risk Management B.V. now owns 27,862,400 shares of the e-commerce giant’s stock valued at $6,431,199,000 after purchasing an additional 25,017,588 shares during the period. 72.20% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on AMZN shares. Piper Sandler set a $330.00 target price on Amazon.com in a research note on Thursday, June 11th. DA Davidson increased their price target on Amazon.com from $175.00 to $250.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Arete Research lifted their price objective on Amazon.com from $301.00 to $310.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Morgan Stanley boosted their price objective on Amazon.com from $300.00 to $330.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Canaccord Genuity Group upped their price objective on shares of Amazon.com from $300.00 to $330.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $312.79.

Insider Transactions at Amazon.com

In related news, CEO Andrew R. Jassy sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were 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 of the company’s stock, valued at approximately $581,042,879.72. This represents a 0.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 1,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $239.77, for a total transaction of $239,770.00. Following the completion of the sale, the chief executive officer owned 484,527 shares in the company, valued at $116,175,038.79. This represents a 0.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 195,774 shares of company stock valued at $51,643,704. Company insiders own 8.90% of the company’s stock.

Amazon.com News Roundup

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

• Positive Sentiment: Bank of America raised its price target on Amazon and kept a Buy rating, citing improving domestic sales trends and stronger momentum in the company’s core businesses. BofA Raises its Price Target on Amazon.com (AMZN)
• Positive Sentiment: BNP Paribas said Amazon’s valuation looks attractive ahead of Q2 earnings and maintained an Outperform rating, reinforcing optimism that the company can deliver solid cloud and retail results. Amazon’s Valuation Looks Attractive Ahead of Earnings: Analyst
• Positive Sentiment: Analysts and recent coverage continue to frame Amazon as a key AI winner, with AWS, custom chips, and related infrastructure spending seen as important long-term growth drivers. Debt Raise Is a Positive Signal for Amazon Stock, Says Needham
• Positive Sentiment: Amazon completed a $24.9 billion long-term bond sale to help fund AI infrastructure, which investors are treating as evidence that management is aggressively investing to extend AWS’s competitive edge. Amazon Issues $24.9 Billion in Long-Term Notes
• Neutral Sentiment: Commentary on Amazon’s AI shopping, Alexa, and broadband initiatives adds to the long-term growth narrative, but these stories are not immediate earnings drivers. Amazon and Walmart’s AI Shopping Race Is Now a Battle for Context, Not Clicks
• Negative Sentiment: Some investors remain cautious because Amazon’s AI buildout requires heavy capital spending, which could pressure free cash flow and keep the stock volatile heading into earnings. Amazon’s $25 billion ‘surprise’ bond sale dangled extra yield to lure in buyers—and flashed a warning sign about the AI boom
• Negative Sentiment: Recent insider selling and broader concern about the payoff timing of massive AI spending may limit upside in the near term, even if the long-term thesis remains intact. Amazon’s New Debt Deal Puts Its AI Spending Story on Trial

Amazon.com Stock Performance

NASDAQ:AMZN opened at $247.04 on Friday. The business’s fifty day moving average is $253.39 and its 200 day moving average is $235.23. The firm has a market cap of $2.66 trillion, a price-to-earnings ratio of 29.55, a PEG ratio of 1.82 and a beta of 1.46. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $278.56.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, topping the consensus estimate of $1.63 by $1.15. The business had revenue of $181.52 billion during the quarter, compared to the consensus estimate of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The firm’s revenue was up 16.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.59 EPS. Research analysts predict that Amazon.com, Inc. will post 7.75 EPS for the current year.

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.