Mitsubishi UFJ Asset Management Co. Ltd. Has $4.85 Billion Position in Amazon.com, Inc. $AMZN

Key Points

• Mitsubishi UFJ Asset Management increased its Amazon stake by 5.3% in the fourth quarter, buying 1,080,890 additional shares. The fund now owns 21.4 million shares worth about $4.85 billion, making AMZN its fifth-largest holding.
• Amazon continues to benefit from strong AWS and AI momentum, including a reported $6 billion multiyear AWS deal with Snowflake and bullish analyst commentary on cloud growth and margin expansion. Some reports also suggest Amazon is expanding its AI offerings to attract more enterprise customers.
• The company posted strong quarterly results, with EPS of $2.78 and revenue of $181.52 billion, both above expectations, and analysts still view the stock favorably with a consensus Moderate Buy rating and average price target of $312.66. However, investors are also watching insider selling and a small legal/regulatory issue in Australia.

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,415,372 shares of the e-commerce giant's stock after purchasing an additional 1,080,890 shares during the quarter. Amazon.com comprises approximately 3.3% of Mitsubishi UFJ Asset Management Co. Ltd.'s investment portfolio, making the stock its 5th largest position. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.20% of Amazon.com worth $4,850,582,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Wulff Hansen & CO. bought a new position in Amazon.com during the 4th quarter worth approximately $4,483,000. Providence First Trust Co boosted its position in shares of Amazon.com by 14.0% during the 4th quarter. Providence First Trust Co now owns 6,909 shares of the e-commerce giant's stock valued at $1,595,000 after purchasing an additional 849 shares in the last quarter. AssuredPartners Investment Advisors LLC boosted its position in shares of Amazon.com by 45.9% during the 4th quarter. AssuredPartners Investment Advisors LLC now owns 18,892 shares of the e-commerce giant's stock valued at $4,361,000 after purchasing an additional 5,940 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Amazon.com by 1.9% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,571,406 shares of the e-commerce giant's stock valued at $362,712,000 after purchasing an additional 29,850 shares in the last quarter. Finally, Kingstone Capital Partners Texas LLC boosted its position in shares of Amazon.com by 0.8% during the 4th quarter. Kingstone Capital Partners Texas LLC now owns 31,095 shares of the e-commerce giant's stock valued at $7,177,000 after purchasing an additional 248 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Amazon.com News Summary

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

• Positive Sentiment: Amazon Web Services got a major lift from news that Snowflake signed a $6 billion multiyear deal with AWS, underscoring strong demand for Amazon’s cloud infrastructure and AI-related chips. Article Title
• Positive Sentiment: Multiple analysts and market commentators remain bullish on AMZN, citing AWS acceleration, AI backlog growth, and margin expansion potential; UBS and Bank of America both reiterated constructive views and high price targets. Article Title
• Positive Sentiment: Amazon is also broadening its AI moat by making its shopping AI tools and potentially even SpaceX’s Grok models available through AWS, which could attract more enterprise customers and deepen platform usage. Article Title
• Positive Sentiment: Investor sentiment was helped by coverage arguing Amazon’s AI strategy is differentiated and that its cloud and retail ecosystem could remain a long-term winner as AI spending scales. Article Title
• Neutral Sentiment: Walmart’s expansion of 30-minute delivery adds competitive pressure in fast delivery, but it also confirms Amazon’s fulfillment model is still setting the pace in retail logistics. Article Title
• Negative Sentiment: Amazon’s local unit is facing an Australian regulator lawsuit over alleged missing warning labels on children’s backpacks with button batteries, creating a small legal and reputational headwind. Article Title
• Negative Sentiment: Some articles also pointed to heavy AI capex and insider selling, which may remind investors to watch margins and execution even as the growth narrative stays intact. Article Title

Amazon.com Price Performance

AMZN opened at $274.00 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01. The company has a market capitalization of $2.95 trillion, a price-to-earnings ratio of 32.78, a P/E/G ratio of 2.04 and a beta of 1.46. The firm's fifty day moving average price is $244.17 and its two-hundred day moving average price is $232.34. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $278.56.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.63 by $1.15. The firm had revenue of $181.52 billion for 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 business's revenue for the quarter was up 16.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.59 EPS. As a group, analysts anticipate that Amazon.com, Inc. will post 7.71 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AMZN. Phillip Securities upgraded shares of Amazon.com from a "moderate buy" rating to a "buy" rating and set a $280.00 price objective for the company in a research note on Wednesday, May 13th. HSBC lifted their price objective on shares of Amazon.com from $280.00 to $310.00 and gave the company a "buy" rating in a research note on Thursday, April 30th. DA Davidson lifted their price objective on shares of Amazon.com from $175.00 to $250.00 and gave the company a "neutral" rating in a research note on Thursday, April 30th. Wolfe Research reiterated an "outperform" rating and issued a $320.00 price objective (up from $245.00) on shares of Amazon.com in a research note on Thursday, April 30th. Finally, Sanford C. Bernstein reiterated an "outperform" rating and issued a $315.00 price objective (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Amazon.com currently has an average rating of "Moderate Buy" and an average price target of $312.66.

Insider Activity

In other Amazon.com news, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com stock in a transaction on Monday, May 4th. The shares were sold at an average price of $275.00, for a total transaction of $7,562,500.00. Following the transaction, the chief executive officer directly owned 471,361 shares of the company's stock, valued at $129,624,275. The trade was a 5.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 Amazon.com stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $263.40, for a total transaction of $4,074,007.80. Following the transaction, the chief executive officer directly owned 14,159 shares in the company, valued at $3,729,480.60. This represents a 52.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 195,774 shares of company stock valued at $51,552,494 over the last quarter. 8.90% of the stock is owned by insiders.

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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