PeakShares LLC grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 46.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,943 shares of the e-commerce giant’s stock after acquiring an additional 2,520 shares during the period. Amazon.com comprises about 1.5% of PeakShares LLC’s investment portfolio, making the stock its 13th biggest holding. PeakShares LLC’s holdings in Amazon.com were worth $1,654,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. Paradigm Capital Management LLC NV boosted its holdings in Amazon.com by 54.0% in the first quarter. Paradigm Capital Management LLC NV now owns 5,968 shares of the e-commerce giant’s stock valued at $1,243,000 after purchasing an additional 2,093 shares during the last quarter. Caldwell Sutter Capital Inc. increased its holdings in Amazon.com by 8.9% during the 1st quarter. Caldwell Sutter Capital Inc. now owns 3,069 shares of the e-commerce giant’s stock worth $639,000 after purchasing an additional 251 shares during the last quarter. Prospect Financial Group LLC raised its position in shares of Amazon.com by 30.2% in the 1st quarter. Prospect Financial Group LLC now owns 4,659 shares of the e-commerce giant’s stock valued at $970,000 after purchasing an additional 1,080 shares in the last quarter. Gould Asset Management LLC CA raised its position in shares of Amazon.com by 39.1% in the 1st quarter. Gould Asset Management LLC CA now owns 5,891 shares of the e-commerce giant’s stock valued at $1,227,000 after purchasing an additional 1,655 shares in the last quarter. Finally, HughesLittle Investment Management Ltd. boosted its stake in shares of Amazon.com by 0.6% during the 1st quarter. HughesLittle Investment Management Ltd. now owns 290,255 shares of the e-commerce giant’s stock valued at $60,451,000 after buying an additional 1,750 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.
Amazon.com Stock Up 3.9%
Shares of NASDAQ:AMZN opened at $235.50 on Friday. The company’s fifty day moving average is $245.59 and its two-hundred day moving average is $235.97. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $278.56. The stock has a market capitalization of $2.53 trillion, a price-to-earnings ratio of 28.17, a price-to-earnings-growth ratio of 1.70 and a beta of 1.46.
Analysts Set New Price Targets
A number of analysts recently issued reports on the stock. Monness Crespi & Hardt lifted their price target on shares of Amazon.com from $280.00 to $315.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Stifel Nicolaus set a $319.00 price objective on shares of Amazon.com and gave the stock a “buy” rating in a report on Thursday, April 30th. William Blair reissued an “outperform” rating on shares of Amazon.com in a research report on Thursday, April 9th. Rosenblatt Securities upped their target price on shares of Amazon.com from $296.00 to $332.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Phillip Securities raised shares of Amazon.com from a “moderate buy” rating to a “buy” rating and set a $280.00 price target on the stock in a research report on Wednesday, May 13th. Fifty-seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and a consensus price target of $313.43.
Read Our Latest Report on AMZN
Insider Transactions at Amazon.com
In related news, SVP David Zapolsky sold 9,270 shares of the firm’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $11,060,750.70. This trade represents a 18.37% decrease in their position. The sale 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, VP Shelley Reynolds sold 2,363 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $262.38, for a total value of $620,003.94. Following the transaction, the vice president owned 119,780 shares of the company’s stock, valued at $31,427,876.40. This represents a 1.93% 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. Insiders have sold a total of 135,719 shares of company stock valued at $36,438,002 over the last ninety days. Insiders own 8.90% of the company’s stock.
Trending Headlines about Amazon.com
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: AWS growth reaccelerated sharply: Amazon Web Services revenue rose 37% year over year—the fastest growth in several years—beating expectations as enterprise AI spending increased. New arrangements with Meta and OpenAI further support demand for Amazon’s cloud infrastructure. Amazon’s AWS posts fastest growth since 2021
- Positive Sentiment: Amazon delivered a broad earnings beat: Second-quarter revenue increased approximately 20% to $200.6 billion, surpassing the $197.0 billion consensus estimate, while EPS of $5.75 exceeded expectations of $1.82. Operating income reached $27.5 billion, and AWS operating profit was approximately $16.6 billion. Amazon.com Announces Second Quarter Results
- Positive Sentiment: Advertising and retail added momentum: Advertising revenue climbed 26% to nearly $20 billion, while Prime Day activity supported the North American e-commerce business. Amazon also said a $600 million tariff refund will be partly passed on to customers. Amazon Thrives On Big Q2
- Positive Sentiment: AI strategy is increasingly focused on monetization: Coverage suggests Amazon is emphasizing AWS infrastructure, partnerships and customer access rather than competing exclusively to build the industry’s top proprietary model. This could improve returns on AI spending and reduce the cost of a frontier-model race. Amazon is proving you don’t need the best model
- Neutral Sentiment: Amazon’s Anthropic investment produced a substantial non-operating gain, boosting reported profitability, but the benefit may be volatile and does not represent recurring operating earnings.
- Negative Sentiment: Spending and guidance remain investor concerns: Amazon’s planned roughly $200 billion of 2026 capital expenditures is pressuring free cash flow, while its third-quarter revenue outlook of $197 billion to $202 billion is below the approximately $204.6 billion analyst consensus. Reports of costly AI deployment errors add to execution risk. Amazon Contends With Unplanned Overspending on AI
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.
Further Reading
- Five stocks we like better than Amazon.com
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- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
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