Navigation Group LLC Makes New Investment in Amazon.com, Inc. $AMZN

Key Points

• Navigation Group LLC initiated a $796,000 Amazon position by purchasing 3,824 shares in the first quarter. Institutional investors and hedge funds collectively own 72.20% of AMZN.
• Amazon’s latest quarterly results exceeded expectations, with EPS of $2.78 versus the $1.63 consensus and revenue of $181.52 billion, up 16.6% year over year.
• Analysts remain broadly bullish, with a “Moderate Buy” consensus and an average price target of $313.43, although upcoming earnings could bring significant volatility as investors assess AWS growth, margins, cash flow and capital spending.

Navigation Group LLC bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 3,824 shares of the e-commerce giant's stock, valued at approximately $796,000.

A number of other institutional investors have also recently modified their holdings of AMZN. Brighton Jones LLC grew its holdings in Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock valued at $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% during the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock worth $5,495,000 after buying an additional 986 shares during the period. Bank Pictet & Cie Europe AG raised its stake in shares of Amazon.com by 2.8% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock worth $442,481,000 after buying an additional 54,987 shares during the period. Highview Capital Management LLC DE lifted its position in shares of Amazon.com by 5.5% during the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock valued at $6,357,000 after buying an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC purchased a new position in shares of Amazon.com during the 4th quarter valued at approximately $2,153,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Trading Down 0.2%

Shares of AMZN stock opened at $230.86 on Wednesday. The stock's fifty day moving average is $247.03 and its two-hundred day moving average is $236.20. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18. The firm has a market capitalization of $2.48 trillion, a P/E ratio of 27.61, a PEG ratio of 1.73 and a beta of 1.46. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $278.56.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results 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 business had revenue of $181.52 billion during the quarter, compared to analyst estimates of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The company's revenue for the quarter was up 16.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.59 earnings per share. Research analysts expect that Amazon.com, Inc. will post 7.76 earnings per share for the current fiscal year.

More Amazon.com News

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

• Positive Sentiment: Amazon Web Services received several new business boosts. AI company Recursive Superintelligence announced a $400 million AWS compute agreement, while Ryanair extended its AWS AI partnership. These deals support the view that accelerating cloud and AI demand could help justify Amazon’s large infrastructure investments. Recursive Superintelligence AWS deal
• Positive Sentiment: Amazon is expanding potential growth markets. Prime Video will carry exclusive NHL playoff games in Canada, and Amazon Leo is seeking approval for as many as 5,105 satellites to provide direct-to-device voice and data services beginning in 2028. The satellite initiative, supported by Amazon’s planned Globalstar acquisition, could broaden its connectivity opportunity but will require substantial investment. Amazon satellite network
• Positive Sentiment: Bank of America reportedly sees a sizable mark-to-market gain from Amazon’s approximately $13 billion Anthropic stake, offering a potential valuation boost when results are released. Analysts remain broadly bullish; Mizuho lowered its target modestly to $320 while retaining an outperform rating. Amazon’s Anthropic stake
• Neutral Sentiment: Amazon is reportedly winding down many Nova AI models and reorganizing its AI teams around a new frontier-model effort. Management may be reallocating resources toward a more competitive product, but the change also raises questions about execution and the returns on prior AI spending. Amazon AI strategy overhaul
• Negative Sentiment: Options markets imply an unusually large move of about 6.9% around earnings. Investors will focus on AWS growth, operating margins, free cash flow, Prime Day effects and whether Amazon raises its already-heavy capital-spending outlook. Short sellers are also increasing positions ahead of the report, reflecting elevated downside risk. Amazon earnings volatility

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on AMZN shares. Pivotal Research reissued a "buy" rating and issued a $320.00 price target (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. TD Securities upgraded shares of Amazon.com to a "buy" rating in a research report on Monday, April 13th. Phillip Securities raised shares of Amazon.com from a "moderate buy" rating to a "buy" rating and set a $280.00 price objective on the stock in a report on Wednesday, May 13th. Wolfe Research reiterated an "outperform" rating and issued a $320.00 target price (up from $245.00) on shares of Amazon.com in a research report on Thursday, April 30th. Finally, Roth Capital boosted their target price on shares of Amazon.com from $285.00 to $300.00 and gave the stock a "buy" rating in a research note on Thursday, April 30th. Fifty-seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $313.43.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 27,500 shares of the stock in a transaction dated 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 completion of the sale, the chief executive officer owned 471,361 shares in the company, valued at approximately $129,624,275. This represents a 5.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 the business's stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $263.40, for a total value of $4,074,007.80. Following the transaction, the chief executive officer owned 14,159 shares in the company, valued at approximately $3,729,480.60. This represents a 52.21% 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. In the last quarter, insiders sold 140,425 shares of company stock valued at $37,715,464. Company insiders own 8.90% of the company's stock.

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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