Noesis Capital Mangement Corp Increases Stake in Amazon.com, Inc. $AMZN

Noesis Capital Mangement Corp boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 28.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 108,700 shares of the e-commerce giant’s stock after purchasing an additional 24,282 shares during the quarter. Amazon.com comprises about 3.3% of Noesis Capital Mangement Corp’s investment portfolio, making the stock its 8th largest position. Noesis Capital Mangement Corp’s holdings in Amazon.com were worth $22,639,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of AMZN. Delta Financial Advisors LLC increased its stake in Amazon.com by 2.3% during the first quarter. Delta Financial Advisors LLC now owns 33,019 shares of the e-commerce giant’s stock worth $6,877,000 after acquiring an additional 750 shares during the last quarter. Westover Capital Advisors LLC raised its position in Amazon.com by 2.9% during the first quarter. Westover Capital Advisors LLC now owns 73,849 shares of the e-commerce giant’s stock valued at $15,381,000 after purchasing an additional 2,063 shares during the period. Ridgeline Wealth Planning LLC lifted its stake in shares of Amazon.com by 5.3% in the 1st quarter. Ridgeline Wealth Planning LLC now owns 3,404 shares of the e-commerce giant’s stock valued at $709,000 after purchasing an additional 172 shares during the last quarter. Vectors Research Management LLC bought a new stake in shares of Amazon.com in the 1st quarter valued at approximately $404,000. Finally, Wealthfront Advisers LLC boosted its holdings in shares of Amazon.com by 3.0% in the 1st quarter. Wealthfront Advisers LLC now owns 1,230,756 shares of the e-commerce giant’s stock worth $256,330,000 after purchasing an additional 35,392 shares during the period. Institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

AMZN opened at $226.27 on Thursday. The business has a fifty day moving average of $246.25 and a 200 day moving average of $236.06. The stock has a market cap of $2.43 trillion, a P/E ratio of 27.07, a PEG ratio of 1.73 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.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $1.15. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The business had revenue of $181.52 billion for the quarter, compared to analyst estimates of $177.28 billion. During the same quarter last year, the firm posted $1.59 earnings per share. The business’s revenue was up 16.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 7.76 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Piper Sandler set a $330.00 target price on Amazon.com in a research report on Thursday, June 11th. Oppenheimer raised their price target on Amazon.com from $275.00 to $320.00 and gave the stock an “outperform” rating in a research report on Thursday, April 30th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a research note on Thursday, June 18th. Raymond James Financial reissued an “outperform” rating and issued a $280.00 target price on shares of Amazon.com in a research note on Friday, May 1st. Finally, Pivotal Research restated a “buy” rating and issued a $320.00 target price (up from $300.00) on shares of Amazon.com in a report on Thursday, April 30th. Fifty-seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $313.43.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Analysts expect another strong quarter from Amazon Web Services, with forecasts calling for approximately 31%–33% year-over-year AWS revenue growth. Investors are also watching for improving e-commerce margins and advertising momentum. Amazon Q2 Preview: Ecommerce Growth May Be Overshadowed By AWS Momentum Again
• Positive Sentiment: UBS maintained a Buy rating and cited continued AWS strength and better online-retail profitability. Erste Group also raised its fiscal 2027 EPS estimate to $10.11 from $9.99, although UBS reduced its price target to $305 from $333. Amazon heads into Q2 earnings with UBS bullish on cloud growth and e-commerce margins
• Positive Sentiment: AWS continues to secure demand from AI customers, including a reported $400 million compute agreement with Recursive Superintelligence. Amazon is also seeking approval for 5,105 satellites to expand its Kuiper direct-to-device connectivity service, adding a potential long-term growth opportunity. Recursive Superintelligence signs $400 compute deal with Amazon
• Neutral Sentiment: Options markets imply an unusually large potential move following earnings, with investors focused on AWS growth, free cash flow, AI infrastructure returns, and management’s capital-spending outlook. Amazon stock could swing $15 after Q2 earnings
• Neutral Sentiment: Amazon’s Prime Video expansion into exclusive NHL playoff games in Canada and its satellite ambitions broaden the company’s ecosystem, but neither initiative is expected to materially affect near-term earnings.
• Negative Sentiment: Amazon reportedly plans to spend about $200 billion on capital expenditures in 2026 and recently raised $25 billion through bond issuance to fund AI data-center expansion. Higher future infrastructure costs prompted UBS and Mizuho to lower their price targets, increasing pressure on margins and cash flow.
• Negative Sentiment: The company is reportedly winding down several Nova AI models and reorganizing its AI teams after layoffs, raising questions about execution and whether Amazon’s large AI investment is producing competitive products quickly enough. Amazon winds down most flagship AI models in strategy overhaul
• Negative Sentiment: Short sellers have increased bearish positions in Amazon and other hyperscalers ahead of earnings. The broader selloff in semiconductors and megacap technology is amplifying concerns that elevated AI spending may not generate sufficient near-term returns.

Insider Activity

In other news, CEO Matthew S. Garman sold 15,467 shares of the company’s stock in a transaction dated 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 approximately $3,729,480.60. This represents a 52.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $239.77, for a total transaction of $239,770.00. Following the completion of the transaction, the chief executive officer directly owned 484,527 shares in the company, valued at $116,175,038.79. This represents a 0.21% 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. In the last three months, insiders sold 136,719 shares of company stock valued at $36,703,652. 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.