Amazon.com, Inc. $AMZN Shares Sold by Tranquility Partners LLC

Tranquility Partners LLC lessened its position in Amazon.com, Inc. (NASDAQ:AMZN) by 13.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 28,557 shares of the e-commerce giant’s stock after selling 4,504 shares during the period. Amazon.com makes up about 2.4% of Tranquility Partners LLC’s holdings, making the stock its 7th largest position. Tranquility Partners LLC’s holdings in Amazon.com were worth $6,592,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Lifelong Wealth Advisors Inc. boosted its position in shares of Amazon.com by 2.4% during the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock valued at $402,000 after buying an additional 41 shares during the last quarter. Financial Connections Group Inc. boosted its position in shares of Amazon.com by 2.6% during the fourth quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant’s stock valued at $376,000 after buying an additional 42 shares during the last quarter. Marquette Asset Management LLC boosted its position in shares of Amazon.com by 5.1% during the fourth quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant’s stock valued at $205,000 after buying an additional 43 shares during the last quarter. Western Financial Corp CA boosted its position in shares of Amazon.com by 1.5% during the fourth quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant’s stock valued at $710,000 after buying an additional 44 shares during the last quarter. Finally, Cadence Wealth Management LLC boosted its position in shares of Amazon.com by 3.5% during the third quarter. Cadence Wealth Management LLC now owns 1,328 shares of the e-commerce giant’s stock valued at $292,000 after buying an additional 45 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the topic of several analyst reports. Wells Fargo & Company set a $312.00 target price on Amazon.com and gave the company an “overweight” rating in a research report on Wednesday, May 20th. Moffett Nathanson lifted their target price on Amazon.com from $283.00 to $288.00 and gave the company a “buy” rating in a research report on Tuesday, April 7th. Raymond James Financial reaffirmed an “outperform” rating and set a $280.00 target price on shares of Amazon.com in a research report on Friday, May 1st. Rosenblatt Securities lifted their target price on Amazon.com from $296.00 to $332.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Argus reaffirmed a “buy” rating and set a $325.00 target price on shares of Amazon.com in a research report on Friday, February 6th. Fifty-seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $312.66.

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

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $271.85 on Thursday. The business’s fifty day simple moving average is $242.99 and its 200 day simple moving average is $232.13. The firm has a market capitalization of $2.92 trillion, a P/E ratio of 32.52, a price-to-earnings-growth ratio of 1.99 and a beta of 1.46. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $278.56. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27.

Amazon.com (NASDAQ:AMZN) 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. The business had revenue of $181.52 billion for the quarter, compared to analyst estimates of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.Amazon.com’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same period last year, the company posted $1.59 earnings per share. As a group, analysts anticipate that Amazon.com, Inc. will post 7.71 EPS for the current year.

Insider Transactions at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 2,363 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $262.38, for a total value of $620,003.94. Following the sale, the vice president directly owned 119,780 shares in the company, valued at $31,427,876.40. The trade was a 1.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available 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 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 owned 14,159 shares in the company, valued at approximately $3,729,480.60. The trade was 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. Over the last 90 days, insiders sold 195,774 shares of company stock valued at $51,552,494. 8.90% of the stock is currently owned by insiders.

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.