Aurora Investment Managers LLC. Takes $4.67 Million Position in Amazon.com, Inc. $AMZN

Key Points

• Aurora Investment Managers opened a new position in Amazon during Q1, buying 22,446 shares worth about $4.67 million. The stake now represents roughly 3.4% of its portfolio and is its 12th-largest holding.
• Amazon continues to draw strong institutional interest, with hedge funds and other investors owning about 72.2% of the stock. Recent filings also showed several smaller firms adding to their AMZN positions.
• The company remains supported by bullish operating and analyst trends: its latest earnings beat estimates, revenue rose 16.6% year over year, and multiple analysts raised price targets, with consensus still at a Moderate Buy.

Aurora Investment Managers LLC. bought a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 22,446 shares of the e-commerce giant's stock, valued at approximately $4,675,000. Amazon.com makes up approximately 3.4% of Aurora Investment Managers LLC.'s portfolio, making the stock its 12th biggest position.

Several other hedge funds and other institutional investors also recently modified their holdings of AMZN. Lifelong Wealth Advisors Inc. grew its stake in Amazon.com by 2.4% in the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant's stock worth $402,000 after purchasing an additional 41 shares during the period. Financial Connections Group Inc. raised its holdings in Amazon.com by 2.6% in the fourth quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant's stock worth $376,000 after purchasing an additional 42 shares in the last quarter. Marquette Asset Management LLC lifted its position in Amazon.com by 5.1% during the fourth quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant's stock valued at $205,000 after buying an additional 43 shares during the period. Western Financial Corp CA boosted its holdings in shares of Amazon.com by 1.5% during the 4th quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant's stock valued at $710,000 after buying an additional 44 shares in the last quarter. Finally, Navalign LLC boosted its holdings in shares of Amazon.com by 0.3% during the 4th quarter. Navalign LLC now owns 13,349 shares of the e-commerce giant's stock valued at $3,081,000 after buying an additional 44 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

More Amazon.com News

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

• Positive Sentiment: Amazon’s Prime Day results point to robust consumer demand and a likely revenue boost for its retail business. Article Title
• Positive Sentiment: Higher AWS pricing and continued AI infrastructure spending may improve cloud margins and offset concerns about heavy AI investment. Article Title
• Positive Sentiment: Amazon’s deeper push into AI, including AWS-related integrations and infrastructure expansion, is supporting the bullish long-term growth narrative. Article Title
• Neutral Sentiment: Analysts and commentators continue to debate whether Amazon’s reliance on Anthropic should change as Claude costs rise, but this is more of a strategic question than an immediate earnings driver. Article Title
• Neutral Sentiment: New competitive products from rivals like Kobo and broader commentary about AI-enabled shopping are notable, but they are not as directly market-moving for AMZN today. Article Title

Insider Transactions at Amazon.com

In related news, CEO Andrew R. Jassy sold 31,352 shares of Amazon.com stock in a transaction on Monday, May 4th. The stock was sold at an average price of $275.00, for a total value of $8,621,800.00. Following the completion of the sale, the chief executive officer owned 2,175,766 shares of the company's stock, valued at $598,335,650. The trade was a 1.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at 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 the company's stock in a transaction 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 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 position. 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 quarter, insiders have sold 195,774 shares of company stock valued at $51,614,434. Corporate insiders own 8.90% of the company's stock.

Amazon.com Stock Up 3.2%

Shares of Amazon.com stock opened at $240.14 on Tuesday. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month 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. The company's 50 day moving average is $255.34 and its 200 day moving average is $234.27. The company has a market cap of $2.58 trillion, a price-to-earnings ratio of 28.72, a price-to-earnings-growth ratio of 1.74 and a beta of 1.45.

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, topping analysts' consensus estimates 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 net margin of 12.22% and a return on equity of 19.92%. The firm's revenue was up 16.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.59 EPS. Research analysts anticipate that Amazon.com, Inc. will post 7.71 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. New Street Research boosted their price objective on shares of Amazon.com from $280.00 to $350.00 and gave the stock a "buy" rating in a research note on Monday, May 4th. Moffett Nathanson raised their price objective on Amazon.com from $283.00 to $288.00 and gave the company a "buy" rating in a research report on Tuesday, April 7th. BNP Paribas Exane lifted their price objective on Amazon.com from $320.00 to $345.00 and gave the company an "outperform" rating in a research note on Tuesday, May 5th. Phillip Securities raised Amazon.com from a "moderate buy" rating to a "buy" rating and set a $280.00 target price on the stock in a report on Wednesday, May 13th. Finally, Telsey Advisory Group increased their target price on Amazon.com from $300.00 to $315.00 and gave the stock 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. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $312.78.

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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