Uhlmann Price Securities LLC Grows Stock Position in Amazon.com, Inc. $AMZN

Uhlmann Price Securities LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 104.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,221 shares of the e-commerce giant’s stock after purchasing an additional 4,191 shares during the quarter. Uhlmann Price Securities LLC’s holdings in Amazon.com were worth $1,708,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of AMZN. Financial Designs Corp acquired a new stake in Amazon.com in the 1st quarter valued at about $701,000. ARS Investment Partners LLC grew its position in shares of Amazon.com by 12.8% during the first quarter. ARS Investment Partners LLC now owns 205,565 shares of the e-commerce giant’s stock worth $42,813,000 after buying an additional 23,262 shares in the last quarter. Lexington Hill Partners LLC grew its position in shares of Amazon.com by 19.7% during the first quarter. Lexington Hill Partners LLC now owns 10,438 shares of the e-commerce giant’s stock worth $2,174,000 after buying an additional 1,719 shares in the last quarter. Diversified Trust Co increased its stake in shares of Amazon.com by 12.9% during the first quarter. Diversified Trust Co now owns 275,698 shares of the e-commerce giant’s stock worth $57,420,000 after buying an additional 31,554 shares during the period. Finally, Baron Wealth Management LLC increased its stake in shares of Amazon.com by 4.0% during the first quarter. Baron Wealth Management LLC now owns 15,028 shares of the e-commerce giant’s stock worth $3,130,000 after buying an additional 584 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Up 0.6%

Shares of NASDAQ:AMZN opened at $234.11 on Wednesday. The firm has a 50 day simple moving average of $256.40 and a 200-day simple moving average of $234.12. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve 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. The company has a market capitalization of $2.52 trillion, a PE ratio of 28.00, a P/E/G ratio of 1.74 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $177.28 billion. During the same period last year, the firm posted $1.59 EPS. The company’s revenue was up 16.6% on a year-over-year basis. On average, equities analysts predict that Amazon.com, Inc. will post 7.71 EPS for the current fiscal year.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 27,500 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $275.00, for a total transaction of $7,562,500.00. Following the transaction, the chief executive officer owned 471,361 shares of the company’s stock, valued at approximately $129,624,275. This trade represents a 5.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 31,352 shares of Amazon.com stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $275.00, for a total value of $8,621,800.00. Following the sale, the chief executive officer owned 2,175,766 shares in the company, valued at $598,335,650. This trade represents a 1.42% decrease in their position. 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 three months, insiders have sold 195,774 shares of company stock worth $51,614,434. Insiders own 8.90% of the company’s stock.

Amazon.com News Summary

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

• Positive Sentiment: Prime Day has kicked off earlier than usual and is expected to generate record online spending, with estimates above $26 billion across retailers; that could lift Amazon’s retail revenue and merchant activity. Amazon Prime Day expected to drive record $26B in online spending
• Positive Sentiment: Amazon is leaning hard into AI commerce during Prime Day, including Alexa for Shopping and new agentic ads that can place purchases automatically, which could improve engagement and show off Amazon’s AI monetization strategy. Amazon ads can make purchases for you
• Positive Sentiment: Multiple analyst-style commentaries remain bullish, citing AWS reacceleration, advertising growth, Prime subscriptions, and the possibility that Amazon’s AI chips could become an additional business line. Amazon: You Aren’t Bullish Enough
• Positive Sentiment: A new AWS partnership with ArcelorMittal and another AWS deal with PennyMac highlight continued enterprise adoption of Amazon’s cloud and AI tools. Amazon teams with ArcelorMittal to bring AI into steel plants
• Neutral Sentiment: Prime Day is also being viewed as a consumer spending litmus test, with more focus on basics and household goods than discretionary splurges, so results will be important for sentiment but not clearly a direct positive or negative. Amazon Prime Day to gauge US consumer strain
• Negative Sentiment: AMZN has been caught in a broader selloff in big tech as investors worry about heavy AI capital spending and uncertain near-term returns, which has weighed on the stock despite strong fundamentals. Alphabet sinks, Amazon slides amid AI capex anxiety
• Negative Sentiment: Amazon also faces fresh labor and regulatory overhangs, including an order to bargain with Teamsters at a California fulfillment center and renewed FTC-related concern. Amazon told to negotiate with Teamsters

Analyst Ratings Changes

A number of brokerages recently issued reports on AMZN. Bank of America lifted their price target on shares of Amazon.com from $298.00 to $310.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. increased their price objective on shares of Amazon.com from $280.00 to $330.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. HSBC raised their price objective on shares of Amazon.com from $280.00 to $310.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Guggenheim reaffirmed a “buy” rating and set a $320.00 price objective (up from $300.00) on shares of Amazon.com in a research report on Thursday, April 30th. Finally, Citizens Jmp reiterated a “market outperform” rating and set a $315.00 target price on shares of Amazon.com in a research note on Friday, April 10th. Fifty-seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.