Ceera Investments LLC Has $270,000 Stake in Amazon.com, Inc. $AMZN

Key Points

• Ceera Investments LLC cut its Amazon stake by 83.8% in the fourth quarter, leaving it with 1,170 shares valued at about $270,000.
• Despite the sale by Ceera, Amazon remains heavily owned by institutions, with 72.20% of shares held by institutional investors and hedge funds.
• Analysts remain bullish on Amazon, with multiple firms raising price targets and the stock carrying a consensus rating of Moderate Buy and an average target price of $312.52.

Ceera Investments LLC trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 83.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,170 shares of the e-commerce giant's stock after selling 6,031 shares during the period. Ceera Investments LLC's holdings in Amazon.com were worth $270,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Lifelong Wealth Advisors Inc. lifted its stake in shares of Amazon.com by 2.4% in the 4th quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant's stock valued at $402,000 after purchasing an additional 41 shares during the period. Financial Connections Group Inc. grew its stake in shares of Amazon.com by 2.6% during 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 during the period. Marquette Asset Management LLC grew its stake in shares of Amazon.com by 5.1% during the fourth quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant's stock worth $205,000 after purchasing an additional 43 shares during the period. Western Financial Corp CA increased its holdings in Amazon.com by 1.5% in the fourth quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant's stock valued at $710,000 after purchasing an additional 44 shares during the last quarter. Finally, Navalign LLC lifted its stake in Amazon.com by 0.3% in the fourth 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 during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AMZN has been the topic of a number of recent analyst reports. China Renaissance raised their target price on Amazon.com from $300.00 to $326.00 and gave the stock a "buy" rating in a report on Tuesday, May 5th. BMO Capital Markets upped their price target on Amazon.com from $310.00 to $315.00 and gave the company an "outperform" rating in a research note on Thursday, April 23rd. New Street Research increased their price target on shares of Amazon.com from $280.00 to $350.00 and gave the company a "buy" rating in a research report on Monday, May 4th. Morgan Stanley boosted their price objective on shares of Amazon.com from $300.00 to $330.00 and gave the company an "overweight" rating in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. upped their target price on shares of Amazon.com from $280.00 to $330.00 and gave the company an "overweight" rating in a research note on Thursday, April 30th. Fifty-seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $312.52.

Insider Transactions at Amazon.com

In other news, VP Shelley Reynolds sold 2,363 shares of the firm's stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $262.38, for a total value of $620,003.94. Following the completion of the transaction, the vice president owned 119,780 shares in the company, valued at $31,427,876.40. This trade represents a 1.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 Amazon.com stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $263.40, for a total value of $4,074,007.80. Following the completion of the sale, the chief executive officer directly owned 14,159 shares in the company, valued at approximately $3,729,480.60. This represents a 52.21% 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 ninety days, insiders sold 195,774 shares of company stock worth $51,614,434. 8.90% of the stock is owned by insiders.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Amazon signed a multibillion-dollar deal with Corning to supply optical fiber, cable, and connectivity products for its rapidly expanding U.S. AI data centers, reinforcing demand tied to AWS and the company’s infrastructure buildout. Amazon, Corning sign multi-billion-dollar deal to boost fiber optics manufacturing in US
• Positive Sentiment: The FCC gave Amazon Leo more flexibility on its satellite deployment timeline, easing execution pressure as Amazon races to build a Starlink competitor and expand its satellite internet ambitions. FCC gives Amazon Leo more leeway on its satellite deployment schedule
• Positive Sentiment: Amazon rolled out an Alexa AI shopping feature that lets U.S. customers create custom designs for print-on-demand products, adding another AI-driven consumer use case and potential commerce revenue stream. Amazon Deploys Alexa AI to Disrupt Print-on-Demand Market
• Positive Sentiment: Several articles highlighted Amazon as a favored AI and megacap stock, with investor commentary pointing to strong long-term fundamentals and continued cloud-led growth. Is Amazon Stock a Buy Right Now?
• Neutral Sentiment: Amazon’s Twitch CEO argued that live streaming offers more human connection than traditional social media; interesting for the platform, but not likely a major stock mover on its own. Twitch CEO: Social media has become ‘anti-social’ and can’t match the shared, human connection of live streaming
• Negative Sentiment: A report from Paubox claimed Amazon SES could expose protected health information in plaintext if encryption fails, which could raise reputational and compliance concerns if the issue gains traction. Amazon Says SES Requires TLS 1.2. Paubox Testing Shows It Doesn't.
• Negative Sentiment: The company continues to spend heavily on AI, data centers, satellites, and logistics, which supports long-term growth but can weigh on near-term sentiment if investors focus on capital intensity and returns. Amazon’s (AMZN) AI Spending Boom Is Creating a New Investor Debate

Amazon.com Price Performance

Shares of AMZN opened at $245.22 on Tuesday. 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, Inc. has a twelve month low of $196.00 and a twelve month high of $278.56. The stock has a market capitalization of $2.64 trillion, a P/E ratio of 29.33, a P/E/G ratio of 1.84 and a beta of 1.45. The company has a 50 day moving average of $250.62 and a 200-day moving average of $233.14.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data 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. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The business had revenue of $181.52 billion for the quarter, compared to analyst estimates of $177.28 billion. During the same quarter in the previous year, the firm posted $1.59 earnings per share. The firm's revenue for the quarter was up 16.6% on a year-over-year basis. As a group, equities research analysts forecast that Amazon.com, Inc. will post 7.71 EPS for the current fiscal year.

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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