Amazon.com, Inc. $AMZN Shares Bought by Marco Investment Management LLC

Key Points

• Marco Investment Management LLC increased its Amazon stake by 7.4% in the fourth quarter, buying 3,387 additional shares to bring its total to 49,114 shares valued at about $11.34 million.
• Amazon reported a strong quarter, with EPS of $2.78 beating estimates and revenue of $181.52 billion topping forecasts, while sales rose 16.6% year over year.
• Wall Street remains broadly bullish on Amazon, with multiple analysts raising price targets and a consensus rating of Moderate Buy; however, insiders have sold shares recently and the stock was down 3.5% in Tuesday trading.

Marco Investment Management LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 7.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 49,114 shares of the e-commerce giant's stock after purchasing an additional 3,387 shares during the quarter. Marco Investment Management LLC's holdings in Amazon.com were worth $11,336,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fairway Wealth LLC increased its position in shares of Amazon.com by 113.2% during the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant's stock worth $25,000 after acquiring an additional 60 shares during the last quarter. Sellwood Investment Partners LLC purchased a new stake in shares of Amazon.com during the third quarter worth about $27,000. MilWealth Group LLC increased its position in shares of Amazon.com by 79.0% during the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant's stock worth $41,000 after acquiring an additional 79 shares during the last quarter. Bridge Generations Wealth Management LLC increased its position in shares of Amazon.com by 2,330.0% during the third quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant's stock worth $53,000 after acquiring an additional 233 shares during the last quarter. Finally, Cooksen Wealth LLC increased its position in shares of Amazon.com by 23.5% during the second quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant's stock worth $54,000 after acquiring an additional 47 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Down 3.5%

NASDAQ:AMZN opened at $261.26 on Tuesday. The firm has a market capitalization of $2.81 trillion, a PE ratio of 31.25, a price-to-earnings-growth ratio of 2.03 and a beta of 1.45. The stock has a 50 day moving average of $246.43 and a 200-day moving average of $232.58. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $278.56. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, beating the consensus estimate of $1.63 by $1.15. The company had revenue of $181.52 billion during the quarter, compared to analyst estimates of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The business's revenue was up 16.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.59 earnings per share. Analysts predict that Amazon.com, Inc. will post 7.71 EPS for the current year.

More Amazon.com News

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

• Positive Sentiment: Wall Street remains constructive on Amazon, with multiple bullish notes reiterating Buy ratings and higher price targets, citing improving cloud momentum and the potential for newer businesses like supply chain services and satellite internet to become meaningful revenue drivers.
• Positive Sentiment: Amazon’s AI story is getting stronger: reports highlighted that its $8 billion Anthropic stake has ballooned in value and that AWS continues to benefit from partnership demand, reinforcing the company’s optionality in artificial intelligence.
• Positive Sentiment: The company also received supportive coverage as a leading long-term AI/data center play, with investors seeing Amazon’s scale in cloud, logistics, and infrastructure as a durable competitive advantage.
• Positive Sentiment: Amazon said it has already invested £15 billion in the U.K. toward a planned multiyear commitment, underscoring continued capital deployment into growth and infrastructure.
• Neutral Sentiment: Several articles framed Amazon as a high-quality stock after a strong multi-year run, but also noted that the shares are no longer cheap, which may be encouraging investors to take profits or wait for a better entry point.
• Neutral Sentiment: Some headlines about Jeff Bezos-related stock portfolios and Amazon being a top data-center or retail-media name are supportive in tone, but they are mostly commentary rather than new fundamental news.
• Negative Sentiment: A Reuters report said the EU may tighten cloud procurement rules in a way that could restrict Amazon Web Services’ access to certain strategic government tenders in Europe, creating a potential regulatory headwind.
• Negative Sentiment: Blue Origin’s recent rocket explosion raised concerns that Amazon’s satellite internet ambitions could face delays, even though management is trying to stay focused on the broader project.
• Negative Sentiment: Greg Abel’s decision to dump Amazon shares in Berkshire Hathaway’s portfolio is a modest sentiment negative, though it reflects portfolio allocation choices rather than a new problem with Amazon’s business.

Wall Street Analyst Weigh In

AMZN has been the topic of a number of analyst reports. Evercore lifted their target price on Amazon.com from $285.00 to $315.00 and gave the stock an "outperform" rating in a research report on Thursday, April 30th. KeyCorp lifted their target price on Amazon.com from $325.00 to $330.00 and gave the stock an "overweight" rating in a research report on Thursday, April 30th. DA Davidson lifted their target price on Amazon.com from $175.00 to $250.00 and gave the stock a "neutral" rating in a research report on Thursday, April 30th. Scotiabank reaffirmed an "outperform" rating and set a $325.00 target price (up from $275.00) on shares of Amazon.com in a research report on Thursday, April 30th. Finally, JPMorgan Chase & Co. lifted their target price on Amazon.com from $280.00 to $330.00 and gave the stock an "overweight" rating in a research report on Thursday, April 30th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $312.52.

Insider Buying and Selling

In other news, SVP David Zapolsky sold 9,270 shares of the business's stock in a transaction that occurred on Friday, May 22nd. The stock was 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 directly 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 filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 15,467 shares of the business'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 value of $4,074,007.80. Following the transaction, the chief executive officer owned 14,159 shares of the company's stock, valued at approximately $3,729,480.60. This represents a 52.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 194,774 shares of company stock valued at $51,348,244 over the last three months. 8.90% of the stock is owned by company insiders.

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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