Safe Harbor Family Capital LLC Buys Shares of 2,646 Amazon.com, Inc. $AMZN

Safe Harbor Family Capital LLC bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,646 shares of the e-commerce giant’s stock, valued at approximately $611,000. Amazon.com accounts for 0.5% of Safe Harbor Family Capital LLC’s investment portfolio, making the stock its 19th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Laurel Wealth Advisors LLC raised its holdings in shares of Amazon.com by 1.3% in the 4th quarter. Laurel Wealth Advisors LLC now owns 57,245 shares of the e-commerce giant’s stock valued at $13,213,000 after buying an additional 739 shares during the period. Precision Wealth Strategies LLC raised its holdings in shares of Amazon.com by 14.7% in the 4th quarter. Precision Wealth Strategies LLC now owns 7,679 shares of the e-commerce giant’s stock valued at $1,773,000 after buying an additional 982 shares during the period. Reicon Wealth Advisors LLC purchased a new stake in shares of Amazon.com in the 4th quarter valued at $227,000. Spectrum Financial Alliance Ltd LLC purchased a new stake in shares of Amazon.com in the 4th quarter valued at $204,000. Finally, WoodTrust Financial Corp raised its holdings in shares of Amazon.com by 1.0% in the 4th quarter. WoodTrust Financial Corp now owns 119,264 shares of the e-commerce giant’s stock valued at $27,529,000 after buying an additional 1,129 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Trending Headlines about Amazon.com

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: Bank of America reiterated a Buy rating and raised its price target to $310, saying Amazon’s AI-powered shopping tools could help defend and expand its retail franchise. BofA Pounds the Table on Amazon (AMZN) Stock, Sets $310 Price Target
• Positive Sentiment: Analysts and market commentary highlighted Amazon’s breakout above key technical levels and said the stock remains in a bullish setup, which can attract momentum buyers. Amazon (AMZN) Recently Broke Out Above the 20-Day Moving Average
• Positive Sentiment: Recent coverage from multiple outlets pointed to Amazon’s AI initiatives, including Alexa for Shopping, as a potential long-term growth driver for retail and advertising. Amazon’s Alexa for Shopping seen driving long-term retail growth
• Positive Sentiment: Jeff Bezos and other supporters defended heavy AI spending, and Bill Ackman reportedly added to Amazon, reinforcing the idea that major investors still see upside in the stock. Billionaire Bill Ackman Piled Into Amazon and Microsoft and Slashed His Fund’s Mammoth Stake in This AI Kingpin by 95%
• Neutral Sentiment: Amazon shareholders re-elected the board and approved the existing pay and governance framework, signaling continuity rather than a major corporate change. Amazon Shareholders Back Board, Pay and Governance Status Quo
• Negative Sentiment: Amazon also faced fresh criticism from U.K. lawmakers over delivery practices, which could add regulatory pressure to the company’s logistics and marketplace operations. Amazon (AMZN) Hit with New Accusation From U.K. Lawmakers

Amazon.com Stock Down 0.8%

Shares of NASDAQ AMZN opened at $266.32 on Friday. The stock has a market cap of $2.86 trillion, a PE ratio of 31.86, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46. 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 business has a 50-day moving average price of $239.50 and a 200 day moving average price of $231.86.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $1.15. The firm had revenue of $181.52 billion during the quarter, compared to analysts’ expectations of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The business’s revenue was up 16.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.59 EPS. Equities research analysts forecast that Amazon.com, Inc. will post 7.71 earnings per share for the current year.

Analysts Set New Price Targets

AMZN has been the topic of several research analyst reports. Benchmark boosted their price objective on Amazon.com from $275.00 to $370.00 and gave the company a “buy” rating in a report on Thursday, April 30th. 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 note on Thursday, April 30th. Needham & Company LLC upped their price objective on Amazon.com from $265.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. DA Davidson upped their price objective on Amazon.com from $175.00 to $250.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Finally, Royal Bank Of Canada set a $320.00 price objective on Amazon.com and gave the stock an “outperform” rating in a research report on Thursday, April 30th. Fifty-seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and an average target price of $312.66.

Insider Transactions at Amazon.com

In other Amazon.com news, Director Jonathan Rubinstein sold 3,706 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $273.02, for a total transaction of $1,011,812.12. Following the completion of the sale, the director directly owned 74,948 shares of the company’s stock, valued at $20,462,302.96. This represents a 4.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 11,475 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $262.66, for a total value of $3,014,023.50. Following the sale, the chief executive officer directly owned 11,430 shares of the company’s stock, valued at approximately $3,002,203.80. This represents a 50.10% decrease in their ownership of the stock. 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 sold 201,026 shares of company stock valued at $49,128,874 in the last 90 days. Company insiders own 8.90% of the company’s stock.

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.