Falcon Wealth Planning Raises Stock Position in Amazon.com, Inc. $AMZN

Key Points

• Falcon Wealth Planning increased its Amazon stake by 49.6% in the fourth quarter, buying 7,930 more shares and bringing its total holdings to 23,914 shares valued at about $5.52 million.
• Institutional ownership remains very heavy, with hedge funds and other institutional investors holding 72.2% of Amazon’s stock. Several large firms recently added positions, including Norges Bank, Nuveen, Goldman Sachs, and Capital Research Global Investors.
• Amazon continues to draw bullish attention on AI and AWS growth, with news of expanding AI shopping tools, a major $6 billion AWS deal with Snowflake, and analysts keeping a strong buy outlook and an average price target of $312.66.

Falcon Wealth Planning grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 49.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,914 shares of the e-commerce giant's stock after purchasing an additional 7,930 shares during the period. Amazon.com comprises about 0.5% of Falcon Wealth Planning's portfolio, making the stock its 26th biggest position. Falcon Wealth Planning's holdings in Amazon.com were worth $5,520,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Amazon.com during the second quarter worth about $27,438,011,000. Nuveen LLC acquired a new position in shares of Amazon.com during the first quarter worth about $11,674,091,000. Laurel Wealth Advisors LLC grew its position in shares of Amazon.com by 22,085.8% during the second quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant's stock worth $2,671,634,000 after buying an additional 12,122,668 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock worth $11,017,657,000 after buying an additional 10,176,835 shares in the last quarter. Finally, Capital Research Global Investors lifted its stake in Amazon.com by 11.3% during the third quarter. Capital Research Global Investors now owns 94,284,962 shares of the e-commerce giant's stock worth $20,702,362,000 after purchasing an additional 9,583,217 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Amazon Web Services is deepening its AI growth story by selling AI shopping tools to retailers and expanding its broader “agentic commerce” strategy, reinforcing AWS as a potential new growth engine. Amazon starts selling its AI shopping technology to other retailers
• Positive Sentiment: Snowflake’s $6 billion AWS commitment highlights continued demand for Amazon’s cloud infrastructure and AI chips, which investors may view as validation of AWS’s competitive position and revenue pipeline. Snowflake signs $6 billion deal with AWS tied to AI infrastructure
• Positive Sentiment: UBS and other analysts remain bullish, arguing Amazon’s AWS AI backlog and margin expansion could be more powerful than Wall Street currently expects, with price targets well above recent trading levels. Amazon Stock (AMZN): This Top Analyst Says AWS AI Growth Is Stronger Than Investors Realize
• Positive Sentiment: Recent commentary says AWS margins are holding up better than rivals, helping support the case that Amazon can monetize AI spending without sacrificing profitability. AWS Margins Are Leaving Cloud Rivals Behind as Anthropic Demand Surges
• Neutral Sentiment: Amazon’s healthcare leadership change appears operational rather than strategic: longtime health executive Neil Lindsay is stepping down and Dr. Roy Schoenberg will take over, so the market may view it as a business continuity move. Amazon puts Amwell co-founder in charge of healthcare unit; longtime executive to depart
• Negative Sentiment: Multiple executive stock sales, including by CEO Andy Jassy and other leaders, may create modest short-term pressure or raise questions about insider sentiment, even though the trades were reported as pre-planned. Amazon.com NASDAQ: AMZN CEO Matthew Garman Sells 15,467 Shares of Stock

Wall Street Analyst Weigh In

AMZN has been the subject of several recent analyst reports. Jefferies Financial Group restated a "buy" rating on shares of Amazon.com in a research note on Monday, May 4th. New Street Research boosted their target price on Amazon.com from $280.00 to $350.00 and gave the stock a "buy" rating in a research note on Monday, May 4th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $325.00 price target (up from $275.00) on shares of Amazon.com in a research report on Thursday, April 30th. Phillip Securities raised Amazon.com from a "moderate buy" rating to a "buy" rating and set a $280.00 price target on the stock in a research report on Wednesday, May 13th. Finally, Tigress Financial lifted their price target on Amazon.com from $305.00 to $315.00 and gave the stock a "buy" rating in a research report on Wednesday, March 25th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $312.66.

Insider Transactions at Amazon.com

In related news, CEO Andrew R. Jassy sold 20,000 shares of Amazon.com stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $263.42, for a total value of $5,268,400.00. Following the sale, the chief executive officer directly owned 2,205,766 shares in the company, valued at $581,042,879.72. The trade was a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 6,370 shares of Amazon.com stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $262.39, for a total value of $1,671,424.30. Following the completion of the sale, the chief executive officer owned 486,527 shares in the company, valued at approximately $127,659,819.53. This trade represents a 1.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 195,774 shares of company stock valued at $51,552,494. 8.90% of the stock is owned by company insiders.

Amazon.com Trading Up 2.5%

Shares of AMZN stock opened at $271.85 on Thursday. The business's 50 day moving average is $242.99 and its two-hundred day moving average is $232.13. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $278.56. The company has a market capitalization of $2.92 trillion, a P/E ratio of 32.52, a price-to-earnings-growth ratio of 1.99 and a beta of 1.46. 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 announced its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, beating the consensus estimate of $1.63 by $1.15. The company had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The company's revenue was up 16.6% on a year-over-year basis. During the same period last year, the business posted $1.59 EPS. Equities analysts forecast that Amazon.com, Inc. will post 7.71 EPS 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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