K2 Principal Fund L.P. Has $2.93 Million Stake in Amazon.com, Inc. $AMZN

K2 Principal Fund L.P. boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 33.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,708 shares of the e-commerce giant’s stock after buying an additional 3,200 shares during the period. K2 Principal Fund L.P.’s holdings in Amazon.com were worth $2,933,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Landscape Capital Management L.L.C. grew its stake in Amazon.com by 113.1% during the fourth quarter. Landscape Capital Management L.L.C. now owns 21,122 shares of the e-commerce giant’s stock worth $4,875,000 after buying an additional 11,208 shares in the last quarter. Cornerstone Financial Management LLC bought a new position in shares of Amazon.com in the fourth quarter worth about $591,000. DE Burlo Group Inc. lifted its holdings in shares of Amazon.com by 11.6% in the fourth quarter. DE Burlo Group Inc. now owns 172,835 shares of the e-commerce giant’s stock worth $39,894,000 after acquiring an additional 17,910 shares during the last quarter. Dixon Mitchell Investment Counsel Inc. lifted its holdings in shares of Amazon.com by 2.8% in the fourth quarter. Dixon Mitchell Investment Counsel Inc. now owns 297,440 shares of the e-commerce giant’s stock worth $68,706,000 after acquiring an additional 8,214 shares during the last quarter. Finally, Dockside LLC bought a new position in shares of Amazon.com in the fourth quarter worth about $4,124,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $238.55 on Monday. The company has a 50 day simple moving average of $253.49 and a 200 day simple moving average of $233.67. The firm has a market cap of $2.57 trillion, a PE ratio of 28.53, a price-to-earnings-growth ratio of 1.79 and a beta of 1.45. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $278.56. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data 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 business had revenue of $181.52 billion during the quarter, compared to analyst estimates of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The firm’s quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter last year, the business earned $1.59 EPS. On average, research analysts forecast that Amazon.com, Inc. will post 7.71 EPS for the current year.

Insider Buying and Selling at Amazon.com

In related news, SVP David Zapolsky sold 9,270 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $268.53, for a total value of $2,489,273.10. Following the completion of the transaction, the senior vice president owned 41,190 shares in the company, valued at $11,060,750.70. This trade represents a 18.37% decrease in their position. The sale was disclosed in a 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 shares were 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 owned 14,159 shares of the company’s stock, valued at approximately $3,729,480.60. This trade represents a 52.21% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 195,774 shares of company stock worth $51,614,434 in the last 90 days. Corporate insiders own 8.90% of the company’s stock.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Amazon continues to strengthen its AI and cloud position, with reports saying its custom chips are seeing strong demand in AWS and that its growing AI capabilities could help drive long-term upside. Article Title
• Positive Sentiment: Amazon expanded its logistics moat by launching less-than-truckload freight service for all U.S. businesses, which could improve its supply-chain offering and deepen its role in e-commerce infrastructure. Article Title
• Positive Sentiment: Amazon also signed a major patent license agreement with InterDigital covering Prime Video and devices, removing legal uncertainty and reinforcing its streaming and devices ecosystem. Article Title
• Neutral Sentiment: Analysts and commentators remain constructive on Amazon’s long-term fundamentals, pointing to e-commerce efficiency, AWS AI dominance, and potential value in its Anthropic investment, but these are more long-term catalysts than immediate trading drivers. Article Title
• Negative Sentiment: Investors are worried about Amazon’s heavy AI capital spending and new borrowing, which may pressure margins and free cash flow before the payback shows up. Article Title
• Negative Sentiment: Broader market pieces note that Amazon has lagged the S&P 500 recently and that its valuation has been hit by concerns over capex and softer near-term sentiment. Article Title

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. DZ Bank increased their target price on shares of Amazon.com from $295.00 to $320.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Royal Bank Of Canada set a $320.00 target price on shares of Amazon.com and gave the stock an “outperform” rating in a report on Thursday, April 30th. Benchmark increased their target price on shares of Amazon.com from $275.00 to $370.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Raymond James Financial reissued an “outperform” rating and issued a $280.00 target price on shares of Amazon.com in a report on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Amazon.com from $290.00 to $315.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $312.78.

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.