Amazon.com, Inc. $AMZN Stock Position Raised by Turtle Creek Wealth Advisors LLC

Turtle Creek Wealth Advisors LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 16.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 105,755 shares of the e-commerce giant’s stock after purchasing an additional 15,315 shares during the quarter. Amazon.com accounts for about 1.9% of Turtle Creek Wealth Advisors LLC’s holdings, making the stock its 8th biggest position. Turtle Creek Wealth Advisors LLC’s holdings in Amazon.com were worth $24,410,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Fairway Wealth LLC boosted its position in shares of Amazon.com by 113.2% during the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after purchasing an additional 60 shares in the last quarter. Sellwood Investment Partners LLC purchased a new stake in shares of Amazon.com during the 3rd quarter worth $27,000. Bridge Generations Wealth Management LLC boosted its position in shares of Amazon.com by 2,330.0% during the 3rd quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant’s stock worth $53,000 after purchasing an additional 233 shares in the last quarter. Cooksen Wealth LLC boosted its position in shares of Amazon.com by 23.5% during the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock worth $54,000 after purchasing an additional 47 shares in the last quarter. Finally, Harbor Investment Advisory LLC boosted its position in shares of Amazon.com by 2.4% during the 4th quarter. Harbor Investment Advisory LLC now owns 309,697 shares of the e-commerce giant’s stock worth $71,000 after purchasing an additional 7,329 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Key Amazon.com News

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

• Positive Sentiment: Amazon’s rollout of Alexa for Shopping is being seen as a meaningful AI commerce upgrade, potentially improving product search, recommendations, and conversion rates across Amazon’s retail ecosystem. Amazon Unveils AI Search Overhaul To Defend Online Shopping Dominance
• Positive Sentiment: Investor optimism is rising around Amazon’s AI and AWS strategy, with reports pointing to strong cloud growth and massive AI chip commitments that reinforce the company’s long-term infrastructure opportunity. Amazon Rallies 36% as AI Push Drives Market Value Toward $3 Trillion
• Positive Sentiment: Amazon is expanding its smaller-format Whole Foods Daily Shop concept into more major U.S. cities, which could support grocery growth and deepen its urban retail footprint. Whole Foods Market to Bring its Daily Shop Concept to Three New U.S. Markets
• Positive Sentiment: Amazon’s logistics expansion, including Amazon Supply Chain Services and in-flight WiFi wins like Delta’s Amazon LEO deal, suggests the company is broadening revenue beyond retail and strengthening its infrastructure moat. UPS Weighs Amazon Competition Against Valuation Gap And Healthcare Focus
• Neutral Sentiment: Amazon continues to cut jobs and push employees to use more AI tools, which supports efficiency but also signals ongoing restructuring inside the business. LinkedIn, Cisco and Amazon are the latest tech companies laying off more workers
• Neutral Sentiment: Amazon’s debt and capital spending remain a major focus as the company funds AI infrastructure, but analysts still see the strategy as supportive of future growth. Amazon.com (AMZN) Plugged After $200 billion Projected Capital Expenditures
• Negative Sentiment: Lawmakers have opened a probe into Amazon’s AI data centers over power usage, consumer electricity costs, and grid strain, adding regulatory and reputational risk. Lawmakers Probe Amazon AI Data Center Power Costs And Investor Risks
• Negative Sentiment: Public pushback against AI data centers could complicate Amazon’s infrastructure buildout and slow execution of its broader AI ambitions. Amazon, Meta And Microsoft’s AI Data Center Push Faces Strong Revolt

Analyst Ratings Changes

AMZN has been the topic of several research analyst reports. Daiwa Securities Group decreased their target price on shares of Amazon.com from $300.00 to $280.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. HSBC boosted their price target on Amazon.com from $280.00 to $310.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. New Street Research boosted their price target on Amazon.com from $280.00 to $350.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. The Goldman Sachs Group reissued a “buy” rating and set a $325.00 price target (up from $275.00) on shares of Amazon.com in a research note on Thursday, April 30th. Finally, Robert W. Baird boosted their price target on Amazon.com from $285.00 to $300.00 and gave the stock an “outperform” rating in a research note 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. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $312.52.

Amazon.com Stock Performance

Shares of AMZN opened at $267.22 on Friday. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $278.56. The company has a market capitalization of $2.87 trillion, a price-to-earnings ratio of 31.96, a PEG ratio of 2.02 and a beta of 1.46. The company’s 50 day simple moving average is $233.53 and its 200 day simple moving average is $230.43. 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 (NASDAQ:AMZN) last issued its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $1.15. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The company had revenue of $181.52 billion for the quarter, compared to analyst estimates of $177.28 billion. During the same quarter in the prior year, the company posted $1.59 EPS. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. On average, sell-side analysts predict that Amazon.com, Inc. will post 7.71 EPS for the current year.

Insiders Place Their Bets

In other Amazon.com news, 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. This represents a 1.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 17,751 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.22, for a total value of $3,642,860.22. Following the transaction, the chief executive officer directly owned 9,405 shares in the company, valued at approximately $1,930,094.10. This represents a 65.37% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 190,593 shares of company stock worth $46,081,241. 8.90% of the stock is owned by company insiders.

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.