5,362 Shares in Amazon.com, Inc. $AMZN Purchased by Fourier Capital Management Ltd

Key Points

• Fourier Capital Management Ltd initiated a new position in Amazon during the fourth quarter, buying 5,362 shares worth about $1.24 million. Amazon now represents 1.3% of the fund’s portfolio and is its 18th-largest holding.
• Wall Street sentiment on Amazon remains upbeat, with multiple analysts reiterating or raising Buy/Outperform ratings and the consensus price target sitting around $312.52.
• Amazon reported strong quarterly results, beating estimates with $2.78 EPS and $181.52 billion in revenue, while the stock also saw notable insider selling, including shares sold by CEO Douglas J. Herrington and Matthew S. Garman under pre-arranged plans.

Fourier Capital Management Ltd acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,362 shares of the e-commerce giant's stock, valued at approximately $1,238,000. Amazon.com accounts for 1.3% of Fourier Capital Management Ltd's portfolio, making the stock its 18th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. E Fund Management Hong Kong Co. Ltd. raised its stake in Amazon.com by 54.4% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 25,943 shares of the e-commerce giant's stock worth $6,303,000 after acquiring an additional 9,136 shares during the period. Bradyco Inc. increased its stake in shares of Amazon.com by 0.3% in the fourth quarter. Bradyco Inc. now owns 36,358 shares of the e-commerce giant's stock valued at $8,392,000 after purchasing an additional 107 shares during the period. Plancorp LLC increased its stake in shares of Amazon.com by 0.4% in the fourth quarter. Plancorp LLC now owns 41,270 shares of the e-commerce giant's stock valued at $9,526,000 after purchasing an additional 168 shares during the period. Western Wealth Management LLC increased its stake in shares of Amazon.com by 2.5% in the fourth quarter. Western Wealth Management LLC now owns 151,124 shares of the e-commerce giant's stock valued at $34,882,000 after purchasing an additional 3,667 shares during the period. Finally, Bayshore Capital Advisors LLC acquired a new stake in shares of Amazon.com in the fourth quarter valued at approximately $203,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Jefferies Financial Group restated a "market outperform" rating on shares of Amazon.com in a research note on Monday. Stifel Nicolaus set a $319.00 price target on shares of Amazon.com and gave the company a "buy" rating in a research note on Thursday, April 30th. DZ Bank raised their price target on shares of Amazon.com from $295.00 to $320.00 and gave the company a "buy" rating in a research note on Monday, May 4th. Scotiabank restated an "outperform" rating and issued a $325.00 price target (up from $275.00) on shares of Amazon.com in a research note on Thursday, April 30th. Finally, Oppenheimer raised their price target on shares of Amazon.com from $275.00 to $320.00 and gave the company an "outperform" rating in a research note on Thursday, April 30th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have issued 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 price target of $312.52.

Insider Activity at Amazon.com

In other news, CEO Douglas J. Herrington sold 27,500 shares of the stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer directly owned 471,361 shares in the company, valued at $129,624,275. This trade represents a 5.51% decrease in their ownership of the stock. The transaction 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 Matthew S. Garman sold 15,467 shares of the firm's stock in a transaction that occurred on 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 of the company's stock, valued at $3,729,480.60. The trade was a 52.21% 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. Over the last three months, insiders have sold 195,774 shares of company stock valued at $51,614,434. Insiders own 8.90% of the company's stock.

Amazon.com Trading Up 1.5%

Amazon.com stock opened at $253.79 on Friday. The firm has a 50 day simple moving average of $249.18 and a 200-day simple moving average of $232.89. 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 stock has a market capitalization of $2.73 trillion, a PE ratio of 30.36, a price-to-earnings-growth ratio of 1.87 and a beta of 1.44. 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 posted its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $1.15. The business 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 business's revenue was up 16.6% on a year-over-year basis. During the same period last year, the firm posted $1.59 earnings per share. As a group, equities research analysts expect that Amazon.com, Inc. will post 7.71 EPS for the current fiscal year.

Amazon.com News Roundup

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

• Positive Sentiment: Amazon unveiled a new AI-powered warehouse robot and announced a €10 billion expansion of its European fulfillment network, reinforcing the case for better logistics efficiency and long-term margin improvement. Article Title
• Positive Sentiment: Pinterest signed a $4 billion cloud deal with Amazon Web Services through 2031, a meaningful win for AWS that highlights continuing demand for Amazon’s cloud and AI infrastructure. Article Title
• Positive Sentiment: Several reports pointed to Amazon’s strengthening AI narrative, including bullish commentary on AWS, custom chips, advertising, and subscriptions as major profit drivers. Article Title
• Positive Sentiment: Amazon overtook Walmart as the largest U.S. company by revenue and surpassed $700 billion in annual sales, reinforcing its scale and execution strength. Article Title
• Positive Sentiment: Wall Street sentiment remains constructive, with Truist raising its price target to $320 and reiterating a Buy rating, which supports the stock’s broader uptrend. Article Title
• Neutral Sentiment: Amazon launched Prime in South Africa at a low monthly price, a modest international expansion that is positive strategically but unlikely to move the stock much by itself. Article Title
• Negative Sentiment: Amazon faces growing criticism over heavy AI/data-center spending while continuing layoffs, along with local pushback and regulatory scrutiny around expansion plans. Article Title
• Negative Sentiment: CEO Douglas Herrington sold 1,000 shares under a pre-arranged plan, which is usually routine but can still add to short-term caution when insider selling is already a talking point. Article Title

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.

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