Impact Investors Inc increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 153.9% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 5,699 shares of the e-commerce giant’s stock after acquiring an additional 3,454 shares during the period. Amazon.com makes up about 0.8% of Impact Investors Inc’s investment portfolio, making the stock its 25th largest position. Impact Investors Inc’s holdings in Amazon.com were worth $1,187,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of AMZN. Norges Bank acquired a new position in shares of Amazon.com in the 4th quarter worth approximately $32,868,735,000. Auto Owners Insurance Co raised its holdings in shares of Amazon.com by 27,376.7% in the 4th quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant’s stock worth $2,272,397,000 after purchasing an additional 98,090,585 shares in the last quarter. J. Stern & Co. LLP lifted its stake in Amazon.com by 20,598.0% during the fourth quarter. J. Stern & Co. LLP now owns 87,982,814 shares of the e-commerce giant’s stock valued at $20,308,193,000 after purchasing an additional 87,557,736 shares during the last quarter. Nuveen LLC acquired a new stake in Amazon.com during the first quarter valued at approximately $11,674,091,000. Finally, Cardano Risk Management B.V. boosted its holdings in Amazon.com by 879.4% during the fourth quarter. Cardano Risk Management B.V. now owns 27,862,400 shares of the e-commerce giant’s stock worth $6,431,199,000 after buying an additional 25,017,588 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
AMZN has been the topic of several recent research reports. Morgan Stanley lifted their price target on shares of Amazon.com from $300.00 to $330.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Wells Fargo & Company reissued an “overweight” rating and set a $313.00 price objective (up from $312.00) on shares of Amazon.com in a research note on Thursday, July 2nd. UBS Group set a $315.00 target price on Amazon.com in a report on Monday, June 1st. Telsey Advisory Group boosted their target price on Amazon.com from $300.00 to $315.00 and gave the stock an “outperform” rating in a research report on Thursday, April 30th. Finally, Phillip Securities raised Amazon.com from a “moderate buy” rating to a “buy” rating and set a $280.00 target price for the company in a report on Wednesday, May 13th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average target price of $312.76.
Insiders Place Their Bets
In other news, CEO Andrew R. Jassy sold 20,000 shares of Amazon.com stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $263.42, for a total transaction of $5,268,400.00. Following the transaction, the chief executive officer owned 2,205,766 shares in the company, valued at approximately $581,042,879.72. The trade was a 0.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed 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 company’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 transaction, the chief executive officer directly owned 14,159 shares in the company, valued at $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. Insiders have sold a total of 144,274 shares of company stock valued at $38,716,204 over the last quarter. 8.90% of the stock is owned by insiders.
Amazon.com Trading Up 0.0%
Amazon.com stock opened at $247.27 on Monday. The company has a 50 day moving average price of $250.83 and a 200 day moving average price of $235.96. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $278.56. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18. The firm has a market capitalization of $2.66 trillion, a price-to-earnings ratio of 29.58, a P/E/G ratio of 1.84 and a beta of 1.46.
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share 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 firm had revenue of $181.52 billion for the quarter, compared to analysts’ expectations of $177.28 billion. During the same period in the previous year, the company posted $1.59 EPS. The company’s quarterly revenue was up 16.6% compared to the same quarter last year. Research analysts forecast that Amazon.com, Inc. will post 7.75 EPS for the current year.
Key Headlines Impacting Amazon.com
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Amazon’s AWS and AI spend remain a major growth story, with reports of a roughly $200 billion 2026 AI investment plan and large future commitments for Trainium chips supporting the bullish thesis. Andy Jassy Says Amazon’s Chip Business Already Has $225 Billion in Commitments
- Positive Sentiment: Analysts remained upbeat on Amazon, with fresh coverage and higher targets pointing to continued confidence in AWS re-acceleration and AI-driven earnings growth. KeyBanc Raises Amazon Stock’s Price Target Ahead of Earnings: Here’s What to Watch
- Positive Sentiment: June retail sales and online spending were strong, which is a helpful signal for Amazon’s e-commerce business heading into back-to-school season. 5 Solid Stocks to Boost Your Portfolio as Retail Sales Continue to Surge
- Neutral Sentiment: Amazon is still being compared favorably in the “Magnificent Seven” and AI hyperscaler debates, which keeps the stock in focus but is more commentary than a direct catalyst. The Race to Beat Nvidia: Does Google or Amazon Have the Better In-House Silicon
- Negative Sentiment: Zoox recalled 105 robotaxis after a software issue involving heavy smoke detection, adding a near-term headline risk to Amazon’s autonomous vehicle unit. Zoox recalls self-driving cars because they may not detect smoke
- Negative Sentiment: An AWS billing bug briefly generated wildly inflated invoices for some customers, which could dent sentiment around cloud reliability even though Amazon says it is fixing the issue. Amazon fixing bug that billed some AWS customers billions of dollars
Amazon.com 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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