MSH Capital Advisors LLC raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 48.9% in the 4th quarter, HoldingsChannel reports. The firm owned 18,077 shares of the e-commerce giant’s stock after purchasing an additional 5,933 shares during the period. Amazon.com makes up 0.9% of MSH Capital Advisors LLC’s portfolio, making the stock its 26th biggest position. MSH Capital Advisors LLC’s holdings in Amazon.com were worth $4,173,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of AMZN. Norges Bank bought a new stake in Amazon.com during the second quarter valued at approximately $27,438,011,000. Nuveen LLC bought a new stake in Amazon.com during the first quarter valued at approximately $11,674,091,000. Laurel Wealth Advisors LLC lifted its position in Amazon.com by 22,085.8% during 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. lifted its position in Amazon.com by 21.3% during 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 lifted its position in Amazon.com by 11.3% during 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 Stock Down 0.3%
Shares of NASDAQ AMZN opened at $245.22 on Tuesday. 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. The firm’s fifty day moving average is $250.62 and its 200 day moving average is $233.14. The company has a market cap of $2.64 trillion, a price-to-earnings ratio of 29.33, a PEG ratio of 1.84 and a beta of 1.45.
Trending Headlines about Amazon.com
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Amazon signed a multibillion-dollar deal with Corning to supply optical fiber, cable, and connectivity products for its rapidly expanding U.S. AI data centers, reinforcing demand tied to AWS and the company’s infrastructure buildout. Amazon, Corning sign multi-billion-dollar deal to boost fiber optics manufacturing in US
- Positive Sentiment: The FCC gave Amazon Leo more flexibility on its satellite deployment timeline, easing execution pressure as Amazon races to build a Starlink competitor and expand its satellite internet ambitions. FCC gives Amazon Leo more leeway on its satellite deployment schedule
- Positive Sentiment: Amazon rolled out an Alexa AI shopping feature that lets U.S. customers create custom designs for print-on-demand products, adding another AI-driven consumer use case and potential commerce revenue stream. Amazon Deploys Alexa AI to Disrupt Print-on-Demand Market
- Positive Sentiment: Several articles highlighted Amazon as a favored AI and megacap stock, with investor commentary pointing to strong long-term fundamentals and continued cloud-led growth. Is Amazon Stock a Buy Right Now?
- Neutral Sentiment: Amazon’s Twitch CEO argued that live streaming offers more human connection than traditional social media; interesting for the platform, but not likely a major stock mover on its own. Twitch CEO: Social media has become ‘anti-social’ and can’t match the shared, human connection of live streaming
- Negative Sentiment: A report from Paubox claimed Amazon SES could expose protected health information in plaintext if encryption fails, which could raise reputational and compliance concerns if the issue gains traction. Amazon Says SES Requires TLS 1.2. Paubox Testing Shows It Doesn’t.
- Negative Sentiment: The company continues to spend heavily on AI, data centers, satellites, and logistics, which supports long-term growth but can weigh on near-term sentiment if investors focus on capital intensity and returns. Amazon’s (AMZN) AI Spending Boom Is Creating a New Investor Debate
Analyst Ratings Changes
AMZN has been the subject of several research analyst reports. Jefferies Financial Group reiterated a “market outperform” rating on shares of Amazon.com in a research report on Monday, June 1st. President Capital decreased their price target on shares of Amazon.com from $320.00 to $296.00 and set a “buy” rating on the stock in a research note on Tuesday, February 10th. BMO Capital Markets lifted their price target on shares of Amazon.com from $310.00 to $315.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Pivotal Research reissued a “buy” rating and set a $320.00 price target (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. Finally, Guggenheim reissued a “buy” rating and set a $320.00 price target (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and an average target price of $312.52.
Get Our Latest Stock Analysis on AMZN
Insider Activity
In related news, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com stock in a transaction on Monday, May 4th. The shares were sold at an average price of $275.00, for a total value of $7,562,500.00. Following the transaction, the chief executive officer directly owned 471,361 shares of the company’s stock, valued at $129,624,275. The trade was a 5.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 Amazon.com stock in a transaction 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 transaction, the senior vice president directly owned 41,190 shares in the company, valued at approximately $11,060,750.70. The trade was a 18.37% 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 valued at $51,614,434 in the last three months. Corporate insiders own 8.90% of the company’s stock.
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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