Amazon.com, Inc. $AMZN Shares Sold by Barton Investment Management

Barton Investment Management decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.7% in the 1st quarter, Holdings Channel reports. The firm owned 497,238 shares of the e-commerce giant’s stock after selling 8,438 shares during the quarter. Amazon.com accounts for about 13.0% of Barton Investment Management’s portfolio, making the stock its 3rd largest holding. Barton Investment Management’s holdings in Amazon.com were worth $103,560,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Parkway Wealth Management Group LLC raised its position in shares of Amazon.com by 4.6% in the 1st quarter. Parkway Wealth Management Group LLC now owns 8,009 shares of the e-commerce giant’s stock worth $1,668,000 after acquiring an additional 354 shares in the last quarter. Boston Standard Wealth Management LLC grew its holdings in shares of Amazon.com by 5.5% during the first quarter. Boston Standard Wealth Management LLC now owns 1,895 shares of the e-commerce giant’s stock valued at $400,000 after buying an additional 98 shares during the last quarter. Aegis Wealth Management Inc. boosted its stake in Amazon.com by 51.9% during the 1st quarter. Aegis Wealth Management Inc. now owns 2,471 shares of the e-commerce giant’s stock valued at $515,000 after purchasing an additional 844 shares during the last quarter. Dagco Inc. boosted its position in shares of Amazon.com by 17.1% during the first quarter. Dagco Inc. now owns 8,013 shares of the e-commerce giant’s stock valued at $1,669,000 after buying an additional 1,171 shares during the last quarter. Finally, First American Bank grew its stake in shares of Amazon.com by 1.6% in the 1st quarter. First American Bank now owns 252,000 shares of the e-commerce giant’s stock worth $52,484,000 after acquiring an additional 4,063 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Robert W. Baird upped their target price on Amazon.com from $285.00 to $300.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. William Blair reiterated an “outperform” rating on shares of Amazon.com in a research note on Thursday, April 9th. Needham & Company LLC boosted their price objective on Amazon.com from $265.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Rosenblatt Securities upped their target price on shares of Amazon.com from $296.00 to $332.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Tigress Financial raised their price target on Amazon.com from $305.00 to $315.00 and gave the company a “buy” rating in a report on Wednesday, March 25th. Fifty-seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $312.78.

Amazon.com Trading Up 1.4%

NASDAQ AMZN opened at $241.70 on Thursday. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $278.56. The stock has a 50-day moving average of $254.97 and a 200-day moving average of $234.39. The firm has a market cap of $2.60 trillion, a PE ratio of 28.91, a price-to-earnings-growth ratio of 1.78 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share 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 analyst estimates of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The business’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.59 earnings per share. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 7.71 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Douglas J. Herrington sold 1,000 shares of Amazon.com stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $266.19, for a total value of $266,190.00. Following the sale, the chief executive officer directly owned 485,527 shares in the company, valued at approximately $129,242,432.13. This trade represents a 0.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,270 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $268.53, for a total value of $2,489,273.10. Following the completion of the sale, the senior vice president directly owned 41,190 shares of the company’s stock, valued at $11,060,750.70. The trade was a 18.37% 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. In the last quarter, insiders have sold 194,774 shares of company stock worth $51,403,934. 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: Reuters reported that online spending rose 5.3% on the first day of Amazon’s Prime Day event, reinforcing expectations for strong e-commerce sales and helping lift sentiment around AMZN. Online Spending Rises 5.3% on First Day of Amazon’s (AMZN) Prime Day, Reuters Reports
• Positive Sentiment: Amazon disclosed a new $1 billion AWS Forward Deployed Engineering unit, aimed at embedding AI engineers with customers to speed enterprise AI adoption — a sign that management sees AI services as a major growth driver for AWS. Amazon’s AWS commits $1 billion toward new unit for embedded AI engineers
• Positive Sentiment: Amazon’s Prime promotions for fuel and grocery discounts around the July 4 holiday may support membership engagement and near-term retail traffic, adding another tailwind to the consumer story. From the Gas Pump to the Grill: Prime Introduces Summer Savings Just in Time for the Fourth of July
• Positive Sentiment: Several market commentators said Amazon could benefit from rising cloud budgets and broader AI spending, with some analysts arguing AWS is positioned to reap rewards from the enterprise software spending boom. Amazon Could Be About to Reap the Rewards of a Software Spending Boom
• Neutral Sentiment: Meta’s reported push into cloud infrastructure may increase competition for AWS over time, but the move also underscores the strength of the cloud/AI market that Amazon is competing in. Meta Plans Cloud Business to Take on Big Tech Rivals
• Neutral Sentiment: Amazon is also facing headline risk from Australia’s lawsuit over Prime Video ad terms and a separate FTC settlement, but those developments appear more like manageable legal overhangs than a change to the company’s core growth narrative. Australia sues Amazon unit over alleged breach via Prime Video ads

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.