Nicholas Hoffman & Company LLC. lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 8.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 34,265 shares of the e-commerce giant’s stock after purchasing an additional 2,550 shares during the quarter. Nicholas Hoffman & Company LLC.’s holdings in Amazon.com were worth $7,909,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of AMZN. Lifelong Wealth Advisors Inc. grew its stake in shares of Amazon.com by 2.4% during the 4th quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock worth $402,000 after acquiring an additional 41 shares in the last quarter. Financial Connections Group Inc. raised its holdings in shares of Amazon.com by 2.6% in the fourth quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant’s stock valued at $376,000 after purchasing an additional 42 shares during the last quarter. Marquette Asset Management LLC lifted its position in shares of Amazon.com by 5.1% in the fourth quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant’s stock worth $205,000 after purchasing an additional 43 shares in the last quarter. Western Financial Corp CA lifted its position in shares of Amazon.com by 1.5% in the fourth quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant’s stock worth $710,000 after purchasing an additional 44 shares in the last quarter. Finally, Cadence Wealth Management LLC boosted its holdings in Amazon.com by 3.5% during the third quarter. Cadence Wealth Management LLC now owns 1,328 shares of the e-commerce giant’s stock worth $292,000 after purchasing an additional 45 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Amazon.com Stock Up 2.5%
AMZN opened at $271.85 on Thursday. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $278.56. The stock’s fifty day simple moving average is $242.99 and its 200 day simple moving average is $232.13. 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 stock has a market cap of $2.92 trillion, a PE ratio of 32.52, a price-to-earnings-growth ratio of 1.99 and a beta of 1.46.
Wall Street Analyst Weigh In
Several brokerages have issued reports on AMZN. BNP Paribas Exane lifted their price target on shares of Amazon.com from $320.00 to $345.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. President Capital decreased their price objective on Amazon.com from $320.00 to $296.00 and set a “buy” rating for the company in a report on Tuesday, February 10th. China Renaissance lifted their target price on Amazon.com from $300.00 to $326.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Guggenheim reissued a “buy” rating and set a $320.00 price target (up from $300.00) on shares of Amazon.com in a research report on Thursday, April 30th. Finally, Stifel Nicolaus set a $319.00 price target on Amazon.com 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 issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $312.66.
View Our Latest Analysis on Amazon.com
Trending Headlines about Amazon.com
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Amazon Web Services is deepening its AI growth story by selling AI shopping tools to retailers and expanding its broader “agentic commerce” strategy, reinforcing AWS as a potential new growth engine. Amazon starts selling its AI shopping technology to other retailers
- Positive Sentiment: Snowflake’s $6 billion AWS commitment highlights continued demand for Amazon’s cloud infrastructure and AI chips, which investors may view as validation of AWS’s competitive position and revenue pipeline. Snowflake signs $6 billion deal with AWS tied to AI infrastructure
- Positive Sentiment: UBS and other analysts remain bullish, arguing Amazon’s AWS AI backlog and margin expansion could be more powerful than Wall Street currently expects, with price targets well above recent trading levels. Amazon Stock (AMZN): This Top Analyst Says AWS AI Growth Is Stronger Than Investors Realize
- Positive Sentiment: Recent commentary says AWS margins are holding up better than rivals, helping support the case that Amazon can monetize AI spending without sacrificing profitability. AWS Margins Are Leaving Cloud Rivals Behind as Anthropic Demand Surges
- Neutral Sentiment: Amazon’s healthcare leadership change appears operational rather than strategic: longtime health executive Neil Lindsay is stepping down and Dr. Roy Schoenberg will take over, so the market may view it as a business continuity move. Amazon puts Amwell co-founder in charge of healthcare unit; longtime executive to depart
- Negative Sentiment: Multiple executive stock sales, including by CEO Andy Jassy and other leaders, may create modest short-term pressure or raise questions about insider sentiment, even though the trades were reported as pre-planned. Amazon.com (NASDAQ:AMZN) CEO Matthew Garman Sells 15,467 Shares of Stock
Insiders Place Their Bets
In related news, SVP David Zapolsky sold 9,270 shares of the 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 sale, 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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 15,467 shares of the stock in a transaction on 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 completion of the sale, the chief executive officer owned 14,159 shares in the company, valued at approximately $3,729,480.60. This trade represents a 52.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 195,774 shares of company stock worth $51,552,494 in the last quarter. Company insiders own 8.90% of the company’s stock.
About Amazon.com
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.
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