Kettle Hill Capital Management LLC Takes $833,000 Position in Amazon.com, Inc. $AMZN

Kettle Hill Capital Management LLC acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 3,607 shares of the e-commerce giant’s stock, valued at approximately $833,000.

Several other large investors have also recently added to or reduced their stakes in the company. Lifelong Wealth Advisors Inc. lifted its stake in Amazon.com by 2.4% in the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock valued at $402,000 after buying an additional 41 shares during the last quarter. Financial Connections Group Inc. lifted its stake in 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 buying an additional 42 shares during the last quarter. Marquette Asset Management LLC lifted its stake in Amazon.com by 5.1% in the fourth quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant’s stock valued at $205,000 after buying an additional 43 shares during the last quarter. Western Financial Corp CA lifted its stake in 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 valued at $710,000 after buying an additional 44 shares during the last quarter. Finally, Navalign LLC lifted its stake in Amazon.com by 0.3% in the fourth quarter. Navalign LLC now owns 13,349 shares of the e-commerce giant’s stock valued at $3,081,000 after buying an additional 44 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Amazon.com News Summary

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

  • Positive Sentiment: Amazon Web Services is expanding its AI and cloud ecosystem, including a new collaboration that brings Dun & Bradstreet’s Commercial Graph into Amazon Quick to improve AI-driven sales, marketing, and finance workflows.
  • Positive Sentiment: Amazon’s long-term growth story is being reinforced by continued AI infrastructure spending, including a multi-billion-dollar data center expansion in Missouri and broader capex plans that signal confidence in AWS demand.
  • Positive Sentiment: Royal Bank of Canada reaffirmed its Buy rating on Amazon, and other recent commentary highlights Wall Street’s bullish view with significant upside still implied for AMZN.
  • Positive Sentiment: Analysts and investors continue to point to Amazon’s strong fundamentals, including its recent earnings beat, solid revenue growth, and improving profitability, as reasons the stock can keep outperforming over time.
  • Neutral Sentiment: Amazon is also getting attention from the space-investing theme, as some market commentary argues its Project Leo satellite network could become a long-term growth opportunity, though it is still early-stage and not a near-term earnings driver.
  • Negative Sentiment: Reports say the FTC has drafted a complaint against Amazon over alleged misleading ad pricing and disclosures, which could lead to a lawsuit, settlement, or billions of dollars in civil penalties.
  • Negative Sentiment: Some investor commentary also notes that Amazon has faced pressure from higher AI and infrastructure spending, which can weigh on near-term margins even if it supports longer-term growth.

Amazon.com Trading Down 0.0%

Shares of NASDAQ AMZN opened at $246.00 on Wednesday. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $278.56. The firm has a market capitalization of $2.65 trillion, a PE ratio of 29.43, a PEG ratio of 1.84 and a beta of 1.44. 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 business has a 50-day moving average price of $254.94 and a two-hundred day moving average price of $233.91.

Amazon.com (NASDAQ:AMZNGet Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $1.15. The business 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 firm’s revenue was up 16.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.59 EPS. As a group, analysts predict that Amazon.com, Inc. will post 7.71 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AMZN has been the topic of a number of recent research reports. Evercore raised their target price on Amazon.com from $285.00 to $315.00 and gave the company an “outperform” rating in a research note on Thursday, April 30th. The Goldman Sachs Group reiterated a “buy” rating and issued a $325.00 target price (up from $275.00) on shares of Amazon.com in a research note on Thursday, April 30th. Raymond James Financial reissued an “outperform” rating and set a $280.00 price target on shares of Amazon.com in a report on Friday, May 1st. Royal Bank Of Canada reissued a “buy” rating on shares of Amazon.com in a report on Tuesday. Finally, China Renaissance raised their price target on Amazon.com from $300.00 to $326.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Fifty-seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Amazon.com currently has a consensus rating of “Moderate Buy” and a consensus price target of $312.78.

View Our Latest Stock Report on Amazon.com

Insiders Place Their Bets

In other news, CEO Matthew S. Garman sold 15,467 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $263.40, for a total transaction of $4,074,007.80. Following the sale, the chief executive officer directly owned 14,159 shares in the company, valued at approximately $3,729,480.60. The trade was 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 27,500 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $275.00, for a total value of $7,562,500.00. Following the completion of the sale, the chief executive officer directly owned 471,361 shares in the company, valued at approximately $129,624,275. This represents a 5.51% 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 90 days, insiders sold 195,774 shares of company stock valued at $51,614,434. Corporate insiders own 8.90% of the company’s stock.

Amazon.com Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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