Chatterton & Associates Inc. Makes New Investment in Amazon.com, Inc. $AMZN

Key Points

• Chatterton & Associates opened a new position in Amazon (AMZN), buying 3,172 shares in Q4 valued at about $732,000, while institutional investors now own roughly 72.20% of the company.
• Amazon’s announced ~$11.6 billion Globalstar acquisition and AWS/AI monetization opportunities have prompted analyst upgrades and higher price targets, providing a strategic catalyst for the stock.
• Offsetting positives, a seller ad boycott, recent legal and safety headlines, and heavy options positioning ahead of earnings raise risk of near-term volatility and pressure on marketplace ad revenue.

Chatterton & Associates Inc. purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,172 shares of the e-commerce giant's stock, valued at approximately $732,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMZN. Brighton Jones LLC lifted its stake in Amazon.com by 10.9% during the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock worth $885,478,000 after purchasing an additional 397,007 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock valued at $5,495,000 after acquiring an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG raised its stake in shares of Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock valued at $442,481,000 after acquiring an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE raised its stake in shares of Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock valued at $6,357,000 after acquiring an additional 1,518 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC bought a new position in shares of Amazon.com in the fourth quarter valued at approximately $2,153,000. 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: Acquisition accelerates space strategy — Amazon agreed to buy Globalstar (~$11.6B) to bolster its Amazon Leo/Kuiper efforts and enable direct-to-device services (and an Apple tie‑in). The deal is being treated as a long-term strategic catalyst that helped spark the recent rally. Amazon's $11.6B Globalstar deal (Reuters)
• Positive Sentiment: Wall Street backing and higher targets — Several firms (Citizens, Loop Capital, Rosenblatt, Goldman noted in coverage) have reiterated buys or raised targets citing the Globalstar deal and AWS AI tailwinds, supporting upside vs. current levels. Analyst support after Globalstar (TipRanks)
• Positive Sentiment: AWS & AI monetization angle — Coverage highlights a growing AI-services and custom‑chip opportunity (Fool pieces estimating a potential $50B external chip business), which would materially boost AWS margins and long‑term revenue. Amazon AI chip opportunity (Fool)
• Neutral Sentiment: Notable investor flows & positioning — Heavy call-option activity and bullish pieces (options, analyst bull cases) show elevated positioning ahead of earnings; that can amplify moves in either direction. Options volume ahead of earnings (Barchart)
• Neutral Sentiment: Amazon-backed energy play IPO — X‑Energy, backed by Amazon, filed to raise up to $800M; indirect exposure to Amazon’s broader strategic investments but limited direct near-term impact on AMZN equity. X‑Energy IPO filing (TechCrunch)
• Negative Sentiment: Seller revolt over payout & ad changes — Hundreds of large third‑party sellers staged an ad boycott over new payout and ad-payment policies (and a temporary fuel surcharge), which could pressure marketplace ad revenue and merchant sentiment if it persists. Seller ad boycott (CNBC)
• Negative Sentiment: Legal & safety headlines — A class-action alleging Fire TV slowdown and a reported worker death at an Oregon facility add regulatory, reputational and potential legal risk that can dent sentiment. Fire TV lawsuit (NYPost) Worker death at facility (TechCrunch)

Amazon.com Stock Performance

AMZN stock opened at $248.50 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.05 and a quick ratio of 0.88. The company has a 50 day moving average price of $212.41 and a 200 day moving average price of $224.70. Amazon.com, Inc. has a fifty-two week low of $165.29 and a fifty-two week high of $258.60. The stock has a market capitalization of $2.67 trillion, a PE ratio of 34.66, a price-to-earnings-growth ratio of 1.87 and a beta of 1.38.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.02). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The company had revenue of $213.39 billion during the quarter, compared to the consensus estimate of $211.02 billion. During the same quarter last year, the firm earned $1.86 EPS. The business's revenue for the quarter was up 13.6% on a year-over-year basis. Analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Transactions at Amazon.com

In related news, CEO Douglas J. Herrington sold 6,835 shares of the business's stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.82, for a total value of $1,406,779.70. Following the completion of the transaction, the chief executive officer owned 522,361 shares in the company, valued at $107,512,341.02. The trade was a 1.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Shelley Reynolds sold 2,695 shares of the business's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.90, for a total transaction of $554,900.50. Following the completion of the transaction, the vice president owned 119,780 shares of the company's stock, valued at $24,662,702. This trade represents a 2.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 72,686 shares of company stock worth $14,899,239 over the last ninety days. 9.70% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on AMZN. Bank of America cut their target price on shares of Amazon.com from $303.00 to $286.00 and set a "buy" rating for the company in a research note on Tuesday, January 27th. Jefferies Financial Group reiterated a "buy" rating on shares of Amazon.com in a research note on Friday, April 10th. Wells Fargo & Company lifted their target price on shares of Amazon.com from $304.00 to $305.00 and gave the company an "overweight" rating in a research note on Thursday, April 2nd. Evercore reiterated an "outperform" rating on shares of Amazon.com in a research note on Thursday, April 9th. Finally, William Blair reiterated an "outperform" rating on shares of Amazon.com in a research note on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, fifty-four have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $287.29.

About Amazon.com

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.