Wilson Asset Management International PTY Ltd. Reduces Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• Wilson Asset Management International cut its Amazon stake by 10.1% in the fourth quarter, selling 4,767 shares and leaving it with 42,533 shares worth about $9.8 million.
• Wall Street sentiment remains upbeat, with several firms raising price targets and 57 analysts rating AMZN a Buy versus just three Holds, giving it a consensus “Moderate Buy” rating and $312.66 target.
• Amazon’s latest results were better than expected, as Q1 earnings of $2.78 per share and revenue of $181.52 billion beat forecasts; CEO Andy Jassy and another executive also made notable stock sales during the period.

Wilson Asset Management International PTY Ltd. trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 10.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,533 shares of the e-commerce giant's stock after selling 4,767 shares during the quarter. Amazon.com accounts for about 2.5% of Wilson Asset Management International PTY Ltd.'s portfolio, making the stock its 15th largest position. Wilson Asset Management International PTY Ltd.'s holdings in Amazon.com were worth $9,817,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC grew its stake in 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 worth $7,177,000 after buying an additional 248 shares during the last quarter. Garner Asset Management Corp increased its position in shares of Amazon.com by 0.6% in the 4th quarter. Garner Asset Management Corp now owns 23,580 shares of the e-commerce giant's stock valued at $5,443,000 after acquiring an additional 130 shares during the period. Liberty Atlantic Advisors LLC acquired a new position in shares of Amazon.com in the 4th quarter valued at $565,000. Alpha Cubed Investments LLC increased its position in shares of Amazon.com by 5.6% in the 4th quarter. Alpha Cubed Investments LLC now owns 612,612 shares of the e-commerce giant's stock valued at $141,403,000 after acquiring an additional 32,296 shares during the period. Finally, Cresta Advisors Ltd. increased its position in shares of Amazon.com by 8.2% in the 4th quarter. Cresta Advisors Ltd. now owns 18,184 shares of the e-commerce giant's stock valued at $4,197,000 after acquiring an additional 1,375 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AMZN has been the topic of several research reports. TD Securities raised Amazon.com to a "buy" rating in a research report on Monday, April 13th. Telsey Advisory Group upped their target price on Amazon.com from $300.00 to $315.00 and gave the company an "outperform" rating in a research report on Thursday, April 30th. DZ Bank upped their target price on Amazon.com from $295.00 to $320.00 and gave the company a "buy" rating in a research report on Monday, May 4th. William Blair reissued an "outperform" rating on shares of Amazon.com in a research report on Thursday, April 9th. Finally, KeyCorp upped their target price on Amazon.com from $325.00 to $330.00 and gave the company an "overweight" rating in a research report on Thursday, April 30th. Fifty-seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $312.66.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 31,352 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $275.00, for a total transaction of $8,621,800.00. Following the completion of the transaction, the chief executive officer owned 2,175,766 shares of the company's stock, valued at $598,335,650. This represents a 1.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 stock was sold at an average price of $263.40, for a total transaction of $4,074,007.80. Following the completion of the transaction, the chief executive officer directly owned 14,159 shares in the company, valued at $3,729,480.60. This trade 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 worth $51,552,494 over the last three months. 8.90% of the stock is owned by insiders.

Amazon.com Stock Performance

Shares of AMZN stock opened at $274.00 on Friday. The stock has a market cap of $2.95 trillion, a PE ratio of 32.78, a price-to-earnings-growth ratio of 2.04 and a beta of 1.46. The business has a 50-day simple moving average of $244.17 and a 200-day simple moving average of $232.34. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $278.56.

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

More Amazon.com News

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 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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