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Stanley Laman Group Ltd. Acquires 7,551 Shares of Amazon.com, Inc. $AMZN

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Key Points

  • Stanley Laman Group Ltd. raised its Amazon stake by 11% in Q4, buying 7,551 shares to hold 76,145 shares worth $17.576 million, making AMZN ~2.2% of its portfolio and its third-largest position.
  • Insider selling has been notable: CEO Andrew R. Jassy sold 31,000 shares (~$7.9M) under a 10b5‑1 plan, and insiders have sold 128,035 shares (~$28.8M) in the past three months, with insiders owning 8.90% of the company.
  • Near-term catalysts include cloud/AI wins (OpenAI models on Amazon Bedrock preview), new AI product monetization and content deals plus bullish analyst moves (e.g., Mizuho raised its target to $325), but upcoming Q1 earnings and EU regulatory scrutiny could trigger volatility.
  • Five stocks we like better than Amazon.com.

Stanley Laman Group Ltd. raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 11.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 76,145 shares of the e-commerce giant's stock after purchasing an additional 7,551 shares during the quarter. Amazon.com accounts for approximately 2.2% of Stanley Laman Group Ltd.'s investment portfolio, making the stock its 3rd biggest position. Stanley Laman Group Ltd.'s holdings in Amazon.com were worth $17,576,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Lifelong Wealth Advisors Inc. boosted its holdings in shares of Amazon.com by 2.4% in the 4th quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant's stock valued at $402,000 after purchasing an additional 41 shares in the last quarter. Marquette Asset Management LLC boosted its holdings in shares of Amazon.com by 5.1% in the 4th quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant's stock valued at $205,000 after purchasing an additional 43 shares in the last quarter. Western Financial Corp CA boosted its holdings in shares of Amazon.com by 1.5% in the 4th quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant's stock valued at $710,000 after purchasing an additional 44 shares in the last quarter. Cadence Wealth Management LLC boosted its holdings in shares of Amazon.com by 3.5% in the 3rd quarter. Cadence Wealth Management LLC now owns 1,328 shares of the e-commerce giant's stock valued at $292,000 after purchasing an additional 45 shares in the last quarter. Finally, Union Savings Bank boosted its holdings in shares of Amazon.com by 0.4% in the 2nd quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant's stock valued at $2,510,000 after purchasing an additional 45 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Key Amazon.com News

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

Insider Activity

In other Amazon.com news, CEO Andrew R. Jassy sold 31,000 shares of Amazon.com stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $255.00, for a total transaction of $7,905,000.00. Following the transaction, the chief executive officer directly owned 2,207,118 shares of the company's stock, valued at approximately $562,815,090. The trade was a 1.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 17,751 shares of Amazon.com stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $205.22, for a total value of $3,642,860.22. Following the transaction, the chief executive officer directly owned 9,405 shares in the company, valued at $1,930,094.10. The trade was a 65.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 128,035 shares of company stock worth $28,827,479. 8.90% of the stock is owned by corporate insiders.

Amazon.com Stock Down 0.5%

Shares of AMZN opened at $259.70 on Wednesday. The company has a market capitalization of $2.79 trillion, a PE ratio of 36.22, a PEG ratio of 1.95 and a beta of 1.38. Amazon.com, Inc. has a 12 month low of $178.85 and a 12 month high of $264.50. The stock's 50-day moving average price is $221.26 and its two-hundred day moving average price is $226.83. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.02). The company had revenue of $213.39 billion for the quarter, compared to analyst estimates of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The firm's quarterly revenue was up 13.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.86 earnings per share. On average, analysts anticipate that Amazon.com, Inc. will post 7.71 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Wedbush dropped their price target on Amazon.com from $340.00 to $300.00 and set an "outperform" rating for the company in a research note on Friday, February 6th. President Capital dropped their price target on Amazon.com from $320.00 to $296.00 and set a "buy" rating for the company in a research note on Tuesday, February 10th. KeyCorp increased their price target on Amazon.com from $285.00 to $325.00 and gave the company an "overweight" rating in a research note on Monday, April 20th. Monness Crespi & Hardt dropped their price target on Amazon.com from $300.00 to $280.00 and set a "buy" rating for the company in a research note on Friday, February 6th. Finally, Evercore reiterated an "outperform" rating on shares of Amazon.com in a research note on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-five have assigned a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, Amazon.com presently has an average rating of "Moderate Buy" and an average target price of $289.39.

Get Our Latest Research Report on Amazon.com

Amazon.com Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN - Free Report).

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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.

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