Amazon.com, Inc. $AMZN is Mcdonald Capital Investors Inc. CA's 5th Largest Position

Key Points

• Mcdonald Capital Investors Inc. CA cut its Amazon stake by 3.7% in the fourth quarter, but Amazon still remains its 5th-largest holding, making up about 7.2% of its portfolio.
• Wall Street sentiment on Amazon remains broadly positive, with several firms raising price targets to around $330 and the stock carrying a consensus rating of Moderate Buy.
• Amazon’s latest earnings beat expectations, with $2.78 EPS on $181.52 billion in revenue, while analysts continue to cite AI-related shopping tools and other initiatives as potential growth drivers.

Mcdonald Capital Investors Inc. CA trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 511,720 shares of the e-commerce giant's stock after selling 19,544 shares during the period. Amazon.com comprises approximately 7.2% of Mcdonald Capital Investors Inc. CA's holdings, making the stock its 5th biggest holding. Mcdonald Capital Investors Inc. CA's holdings in Amazon.com were worth $118,115,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of AMZN. Fairway Wealth LLC increased its stake in shares of Amazon.com by 113.2% during the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant's stock worth $25,000 after purchasing an additional 60 shares in the last quarter. Sellwood Investment Partners LLC purchased a new position in shares of Amazon.com during the 3rd quarter worth approximately $27,000. Bridge Generations Wealth Management LLC increased 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 purchasing an additional 233 shares in the last quarter. Cooksen Wealth LLC increased its stake 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 purchasing an additional 47 shares in the last quarter. Finally, Harbor Investment Advisory LLC increased its stake in shares of Amazon.com by 2.4% during the 4th quarter. Harbor Investment Advisory LLC now owns 309,697 shares of the e-commerce giant's stock worth $71,000 after purchasing an additional 7,329 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on AMZN. Cantor Fitzgerald reissued an "overweight" rating and set a $330.00 price objective (up from $280.00) on shares of Amazon.com in a research note on Thursday, April 30th. JPMorgan Chase & Co. raised their target price on shares of Amazon.com from $280.00 to $330.00 and gave the stock an "overweight" rating in a research report on Thursday, April 30th. Argus restated a "buy" rating and set a $325.00 target price on shares of Amazon.com in a research report on Friday, February 6th. Canaccord Genuity Group raised their target price on shares of Amazon.com from $300.00 to $330.00 and gave the stock a "buy" rating in a research report on Thursday, April 30th. Finally, UBS Group restated a "buy" rating and set a $333.00 target price (up from $304.00) on shares of Amazon.com in a research report on Wednesday, April 29th. Fifty-seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Amazon.com presently has an average rating of "Moderate Buy" and a consensus target price of $312.66.

Amazon.com News Roundup

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

• Positive Sentiment: Bank of America reiterated a Buy rating and raised its price target to $310, saying Amazon’s AI-powered shopping tools could help defend and expand its retail franchise. BofA Pounds the Table on Amazon (AMZN) Stock, Sets $310 Price Target
• Positive Sentiment: Analysts and market commentary highlighted Amazon’s breakout above key technical levels and said the stock remains in a bullish setup, which can attract momentum buyers. Amazon (AMZN) Recently Broke Out Above the 20-Day Moving Average
• Positive Sentiment: Recent coverage from multiple outlets pointed to Amazon’s AI initiatives, including Alexa for Shopping, as a potential long-term growth driver for retail and advertising. Amazon's Alexa for Shopping seen driving long-term retail growth
• Positive Sentiment: Jeff Bezos and other supporters defended heavy AI spending, and Bill Ackman reportedly added to Amazon, reinforcing the idea that major investors still see upside in the stock. Billionaire Bill Ackman Piled Into Amazon and Microsoft and Slashed His Fund's Mammoth Stake in This AI Kingpin by 95%
• Neutral Sentiment: Amazon shareholders re-elected the board and approved the existing pay and governance framework, signaling continuity rather than a major corporate change. Amazon Shareholders Back Board, Pay and Governance Status Quo
• Negative Sentiment: Amazon also faced fresh criticism from U.K. lawmakers over delivery practices, which could add regulatory pressure to the company’s logistics and marketplace operations. Amazon (AMZN) Hit with New Accusation From U.K. Lawmakers

Insider Activity at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 17,751 shares of Amazon.com stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total value of $3,642,860.22. Following the transaction, the chief executive officer owned 9,405 shares in the company, valued at $1,930,094.10. This trade represents a 65.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP David Zapolsky sold 10,649 shares of Amazon.com stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the completion of the transaction, the senior vice president owned 41,190 shares in the company, valued at approximately $8,461,661.70. This trade represents a 20.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 201,026 shares of company stock worth $49,128,874 in the last 90 days. Company insiders own 8.90% of the company's stock.

Amazon.com Stock Down 0.8%

Shares of AMZN opened at $266.32 on Friday. The firm has a market cap of $2.86 trillion, a PE ratio of 31.86, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46. The company's fifty day moving average is $239.50 and its two-hundred day moving average is $231.86. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $278.56. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27.

Amazon.com (NASDAQ:AMZN - Get Free Report) 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. The company had revenue of $181.52 billion for the quarter, compared to analyst estimates of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. Amazon.com's revenue for the quarter was up 16.6% on a year-over-year basis. During the same quarter last year, the business earned $1.59 EPS. Analysts forecast that Amazon.com, Inc. will post 7.71 earnings per share 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.

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