Tranquility Partners LLC Sells 4,504 Shares of Amazon.com, Inc. $AMZN

Key Points

• Tranquility Partners LLC reduced its Amazon stake by 13.6% in the fourth quarter, selling 4,504 shares and leaving it with 28,557 shares worth about $6.59 million.
• Amazon reported better-than-expected quarterly results, posting EPS of $2.78 versus $1.63 expected and revenue of $181.52 billion, up 16.6% year over year.
• Despite some recent insider selling, the broader outlook remains constructive: analysts are generally bullish, and news flow highlights AWS and AI-related growth as key tailwinds for the stock.

Tranquility Partners LLC cut its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 13.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,557 shares of the e-commerce giant's stock after selling 4,504 shares during the quarter. Amazon.com makes up 2.4% of Tranquility Partners LLC's holdings, making the stock its 7th biggest holding. Tranquility Partners LLC's holdings in Amazon.com were worth $6,592,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of AMZN. Norges Bank bought a new position in Amazon.com in the second quarter valued at about $27,438,011,000. Nuveen LLC bought a new position in Amazon.com in the first quarter valued at about $11,674,091,000. Laurel Wealth Advisors LLC raised its position in Amazon.com by 22,085.8% in the second quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant's stock valued at $2,671,634,000 after purchasing an additional 12,122,668 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Amazon.com by 21.3% in the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock valued at $11,017,657,000 after purchasing an additional 10,176,835 shares during the last quarter. Finally, Capital Research Global Investors raised its position in Amazon.com by 11.3% in the third quarter. Capital Research Global Investors now owns 94,284,962 shares of the e-commerce giant's stock valued at $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 institutional investors.

Amazon.com Trading Up 2.5%

NASDAQ AMZN opened at $271.85 on Thursday. The business has a 50 day simple moving average of $242.99 and a 200 day simple moving average of $232.13. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $278.56. The stock has a market capitalization of $2.92 trillion, a P/E ratio of 32.52, a P/E/G ratio of 1.99 and a beta of 1.46. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, topping the consensus estimate of $1.63 by $1.15. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The business had revenue of $181.52 billion during the quarter, compared to analysts' expectations of $177.28 billion. During the same quarter last year, the firm posted $1.59 earnings per share. The firm's revenue was up 16.6% on a year-over-year basis. Research analysts expect that Amazon.com, Inc. will post 7.71 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In related news, SVP David Zapolsky sold 9,270 shares of the firm's stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $268.53, for a total transaction of $2,489,273.10. Following the completion of the sale, the senior vice president owned 41,190 shares of the company's stock, valued at $11,060,750.70. This trade represents a 18.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at 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 firm's stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $263.40, for a total value of $4,074,007.80. Following the completion of the sale, the chief executive officer directly owned 14,159 shares of the company's stock, valued at $3,729,480.60. This trade represents a 52.21% 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 valued at $51,552,494 over the last ninety days. Insiders own 8.90% 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 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

Several equities analysts have commented on the company. Benchmark increased their target price on Amazon.com from $275.00 to $370.00 and gave the company a "buy" rating in a research report on Thursday, April 30th. Raymond James Financial reiterated an "outperform" rating and issued a $280.00 target price on shares of Amazon.com in a research report on Friday, May 1st. Daiwa Securities Group dropped their target price on Amazon.com from $300.00 to $280.00 and set a "buy" rating for the company in a research report on Wednesday, February 11th. Jefferies Financial Group reiterated a "buy" rating on shares of Amazon.com in a research report on Monday, May 4th. Finally, Wedbush dropped their target price on Amazon.com from $340.00 to $300.00 and set an "outperform" rating for the company in a research report on Friday, February 6th. Fifty-seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, Amazon.com presently has an average rating of "Moderate Buy" and an average target price of $312.66.

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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