Rockbridge Capital Management LLC lessened its position in Amazon.com, Inc. (NASDAQ:AMZN) by 5.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 73,518 shares of the e-commerce giant’s stock after selling 3,973 shares during the period. Amazon.com accounts for about 10.2% of Rockbridge Capital Management LLC’s investment portfolio, making the stock its 2nd largest holding. Rockbridge Capital Management LLC’s holdings in Amazon.com were worth $16,969,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently bought and sold shares of the company. Vaughan David Investments LLC IL raised its holdings in Amazon.com by 49.5% in the 4th quarter. Vaughan David Investments LLC IL now owns 7,816 shares of the e-commerce giant’s stock worth $1,804,000 after acquiring an additional 2,588 shares during the period. Premier Private Wealth Management LLC acquired a new stake in shares of Amazon.com during the 4th quarter valued at about $854,000. Marest Capital LLC boosted its position in shares of Amazon.com by 8.5% during the 4th quarter. Marest Capital LLC now owns 12,161 shares of the e-commerce giant’s stock valued at $2,807,000 after acquiring an additional 949 shares in the last quarter. Stirlingshire Investments Inc. acquired a new stake in shares of Amazon.com during the 4th quarter valued at about $746,000. Finally, CSM Advisors LLC boosted its position in shares of Amazon.com by 1.3% during the 4th quarter. CSM Advisors LLC now owns 90,862 shares of the e-commerce giant’s stock valued at $20,971,000 after acquiring an additional 1,148 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.
Amazon.com Stock Performance
Shares of AMZN opened at $241.51 on Friday. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $278.56. The firm has a fifty day simple moving average of $252.93 and a 200 day simple moving average of $233.59. The stock has a market capitalization of $2.60 trillion, a price-to-earnings ratio of 28.89, a PEG ratio of 1.78 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.
Amazon.com News Summary
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Amazon launched AI image search in its Shopping app, adding a more intuitive product-discovery tool that could improve conversion rates and engagement. Amazon Adds AI Image Search to Its Shopping App
- Positive Sentiment: Amazon officially expanded its less-than-truckload freight service to all U.S. businesses, signaling a bigger push into logistics and a potential new revenue stream. Amazon Positions Logistics as AI Shopping’s Ultimate Moat
- Positive Sentiment: Amazon added another $17.5 billion credit facility, giving it more flexibility to keep funding AI infrastructure, cloud capacity, and other strategic investments. Amazon secures $17.5 billion loan facility amid AI-driven capex ramp
- Positive Sentiment: Analysts remain constructive, with one report lifting FY2027 EPS estimates and BMO naming Amazon one of its top AI picks, supporting the bull case on earnings power. Amazon (AMZN) Ascends But Remains Behind Market: Some Facts to Note
- Neutral Sentiment: Amazon and InterDigital reached a patent license agreement covering Amazon’s services and devices, resolving litigation; this removes some legal uncertainty, but the financial impact appears limited. InterDigital Enters Patent License Agreement with Amazon for Video Services and Devices
- Neutral Sentiment: Recent commentary also points to a stock pullback over the past month, but argues the valuation is becoming more attractive for long-term investors. Amazon Stock Is Down Over 10% in a Month. Start Small and Buy AMZN on the Dip Here.
- Negative Sentiment: Some articles highlighted concerns that Amazon’s heavy AI spending and broader hyperscaler capex race could pressure margins and raise questions about returns on investment. Wall Street’s $800 Billion AI Data Center Bet Is Showing Cracks
Insider Buying and Selling at Amazon.com
In related news, SVP David Zapolsky sold 9,270 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $268.53, for a total transaction of $2,489,273.10. Following the completion of 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 31,352 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $275.00, for a total transaction of $8,621,800.00. Following the transaction, the chief executive officer owned 2,175,766 shares of the company’s stock, valued at $598,335,650. The trade was a 1.42% 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. Over the last ninety days, insiders have sold 195,774 shares of company stock worth $51,614,434. Company insiders own 8.90% of the company’s stock.
Wall Street Analyst Weigh In
AMZN has been the subject of several analyst reports. Robert W. Baird lifted their price target on shares of Amazon.com from $285.00 to $300.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. Tigress Financial boosted their price target on shares of Amazon.com from $305.00 to $315.00 and gave the stock a “buy” rating in a research note on Wednesday, March 25th. Raymond James Financial reissued an “outperform” rating and set a $280.00 price target on shares of Amazon.com in a research note on Friday, May 1st. DZ Bank boosted their price objective on shares of Amazon.com from $295.00 to $320.00 and gave the company a “buy” rating in a report on Monday, May 4th. Finally, KeyCorp boosted their price objective on shares of Amazon.com from $325.00 to $330.00 and gave the company an “overweight” rating in a 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 stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $312.78.
Get Our Latest Analysis on Amazon.com
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.
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