Richard Bernstein Advisors LLC Has $15.39 Million Holdings in Amazon.com, Inc. $AMZN

Key Points

• Richard Bernstein Advisors LLC cut its Amazon stake by 9.8% in the fourth quarter, leaving it with 66,685 shares valued at about $15.39 million. Amazon remains the fund’s 20th-largest position.
• Amazon reported a strong latest quarter, with EPS of $2.78 versus estimates of $1.63 and revenue of $181.52 billion, topping expectations and rising 16.6% year over year. Analysts now expect the company to earn 7.71 EPS for the current fiscal year.
• Despite some insider selling and a slight stock dip, Wall Street sentiment remains constructive: 57 analysts rate AMZN a Buy, and the consensus price target is $312.83. Recent bullish themes include AWS growth, AI momentum, and raised price targets from analysts such as Truist.

Richard Bernstein Advisors LLC decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 9.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,685 shares of the e-commerce giant's stock after selling 7,262 shares during the quarter. Amazon.com makes up 0.5% of Richard Bernstein Advisors LLC's holdings, making the stock its 20th biggest position. Richard Bernstein Advisors LLC's holdings in Amazon.com were worth $15,392,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Fairway Wealth LLC lifted its holdings in Amazon.com by 113.2% during the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant's stock valued at $25,000 after purchasing an additional 60 shares during the last quarter. Sellwood Investment Partners LLC acquired a new stake in Amazon.com during the 3rd quarter valued at $27,000. MilWealth Group LLC lifted its holdings in Amazon.com by 79.0% during the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant's stock valued at $41,000 after purchasing an additional 79 shares during the last quarter. Bridge Generations Wealth Management LLC lifted its holdings in Amazon.com by 2,330.0% during the 3rd quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant's stock valued at $53,000 after purchasing an additional 233 shares during the last quarter. Finally, Cooksen Wealth LLC lifted its holdings in Amazon.com by 23.5% during the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant's stock valued at $54,000 after purchasing an additional 47 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 27,500 shares of the firm's stock in a transaction on Monday, May 4th. The stock was sold at an average price of $275.00, for a total value of $7,562,500.00. Following the transaction, the chief executive officer owned 471,361 shares in the company, valued at approximately $129,624,275. This trade represents a 5.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,270 shares of the firm's stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $268.53, for a total value of $2,489,273.10. Following the completion of the transaction, the senior vice president owned 41,190 shares in the company, valued at $11,060,750.70. The trade was a 18.37% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 195,774 shares of company stock worth $51,552,494 over the last three months. Company insiders own 8.90% of the company's stock.

Amazon.com Stock Down 1.2%

Shares of NASDAQ AMZN opened at $270.64 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $278.56. The stock has a market capitalization of $2.91 trillion, a P/E ratio of 32.37, a PEG ratio of 2.05 and a beta of 1.46. The stock's fifty day moving average is $245.38 and its 200 day moving average is $232.61.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results 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 return on equity of 19.92% and a net margin of 12.22%.The company had revenue of $181.52 billion for the quarter, compared to analysts' expectations of $177.28 billion. During the same quarter last year, the business earned $1.59 earnings per share. Amazon.com's revenue was up 16.6% on a year-over-year basis. Sell-side analysts forecast that Amazon.com, Inc. will post 7.71 earnings per share for the current fiscal year.

Amazon.com News Summary

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

• Positive Sentiment: Truist raised its price target on Amazon and reiterated a buy rating, signaling confidence that the stock still has room to climb from current levels.
• Positive Sentiment: Amazon’s investment in Anthropic is drawing attention after the AI startup’s valuation surged, with several reports noting that Amazon benefits as Anthropic grows and that the relationship could become an increasingly valuable long-term asset for AWS.
• Positive Sentiment: Snowflake’s $6 billion AWS commitment and strong earnings have highlighted continued enterprise demand for Amazon Web Services, supporting the view that Amazon’s cloud business remains a key growth engine.
• Positive Sentiment: Multiple stories emphasized Amazon’s AI momentum, including AWS’s fastest growth in 15 quarters and plans to expand Bedrock with more advanced model offerings, reinforcing expectations that AI will keep driving revenue and margin expansion.
• Positive Sentiment: Prominent investors and commentators, including Cathie Wood and Jim Cramer, were cited as bullish on Amazon, which can help sentiment around the stock. Article: Jim Cramer Explains One of the Reasons “Amazon Stock Has Been Going Ever Higher”
• Neutral Sentiment: Amazon shut down an internal AI leaderboard after employees exaggerated usage scores, a sign the company is trying to control AI spending and improve discipline rather than a direct business setback. Article: Amazon says it shut down a token leaderboard: 'Don't use AI just to use AI'
• Neutral Sentiment: Coverage around Amazon nearing the $3 trillion market-cap milestone and outperforming since earnings is supportive, but it mostly reflects momentum already built into the stock rather than a new catalyst.
• Negative Sentiment: Australia’s competition regulator sued Amazon’s local unit over children’s backpacks lacking required battery warning labels, adding a regulatory overhang.
• Negative Sentiment: Blue Origin’s rocket explosion created a negative headline for Jeff Bezos’s broader empire, though the direct impact on Amazon is limited.
• Negative Sentiment: Some commentary also raised concerns about rising AI capital spending and margin pressure, which could matter if Amazon’s infrastructure buildout accelerates faster than monetization.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on AMZN shares. President Capital cut their price target on Amazon.com from $320.00 to $296.00 and set a "buy" rating for the company in a report on Tuesday, February 10th. Argus reiterated a "buy" rating and set a $325.00 price objective on shares of Amazon.com in a research report on Friday, February 6th. Jefferies Financial Group reiterated a "buy" rating on shares of Amazon.com in a research report on Monday, May 4th. DZ Bank increased their price objective on Amazon.com from $295.00 to $320.00 and gave the stock a "buy" rating in a research report on Monday, May 4th. Finally, Arete Research increased their price objective on Amazon.com from $301.00 to $310.00 and gave the stock a "buy" rating in a research report on Monday, May 18th. Fifty-seven equities research 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, the company presently has a consensus rating of "Moderate Buy" and an average target price of $312.83.

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.

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