Goodman Financial Corp Acquires 2,344 Shares of Amazon.com, Inc. $AMZN

Goodman Financial Corp lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.9% in the 1st quarter, Holdings Channel reports. The firm owned 82,810 shares of the e-commerce giant’s stock after acquiring an additional 2,344 shares during the period. Amazon.com comprises 3.0% of Goodman Financial Corp’s investment portfolio, making the stock its 11th largest holding. Goodman Financial Corp’s holdings in Amazon.com were worth $17,246,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. MilWealth Group LLC raised its position in shares of Amazon.com by 79.0% during the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after buying an additional 79 shares in the last quarter. Lifetime Wealth Management P.C. purchased a new position in Amazon.com in the fourth quarter worth $45,000. Elkhorn Partners Limited Partnership grew its position in Amazon.com by 900.0% in the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after acquiring an additional 180 shares in the last quarter. Fairway Wealth LLC increased its stake in Amazon.com by 95.6% in the fourth quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock valued at $51,000 after acquiring an additional 108 shares during the last quarter. Finally, Prudent Man Investment Management Inc. increased its stake in Amazon.com by 87.7% in the fourth quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock valued at $53,000 after acquiring an additional 107 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about 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 at Amazon.com

In other news, CEO Andrew R. Jassy sold 20,000 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $263.42, for a total transaction of $5,268,400.00. Following the completion of the sale, the chief executive officer directly owned 2,205,766 shares in the company, valued at approximately $581,042,879.72. This represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,270 shares of the business’s stock in a transaction dated 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 transaction, the senior vice president owned 41,190 shares in the company, valued at approximately $11,060,750.70. This represents 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. Insiders sold a total of 136,719 shares of company stock valued at $36,703,652 in the last quarter. 8.90% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft lifted their price target on Amazon.com from $290.00 to $315.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. New Street Research raised their price objective on Amazon.com from $280.00 to $350.00 and gave the company a “buy” rating in a report on Monday, May 4th. Roth Capital boosted their target price on Amazon.com from $285.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Arete Research upped their target price on Amazon.com from $301.00 to $310.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Finally, Bank of America increased their price target on shares of Amazon.com from $298.00 to $310.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Fifty-seven 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 a consensus rating of “Moderate Buy” and an average price target of $313.43.

Amazon.com Trading Down 2.0%

Shares of AMZN opened at $226.27 on Thursday. The stock has a market capitalization 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. The firm has a fifty day simple moving average of $246.25 and a two-hundred day simple moving average of $236.06. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $278.56.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, topping 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 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 earned $1.59 EPS. The company’s revenue was up 16.6% on a year-over-year basis. On average, research analysts anticipate that Amazon.com, Inc. will post 7.76 EPS for the current year.

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.