Amazon.com, Inc. $AMZN Shares Bought by Garde Capital Inc.

Garde Capital Inc. increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 78.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 139,181 shares of the e-commerce giant’s stock after acquiring an additional 61,313 shares during the period. Amazon.com comprises about 1.9% of Garde Capital Inc.’s portfolio, making the stock its 13th biggest position. Garde Capital Inc.’s holdings in Amazon.com were worth $32,126,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Inspire Trust Co. N.A. grew its stake in Amazon.com by 37.2% in the 4th quarter. Inspire Trust Co. N.A. now owns 39,008 shares of the e-commerce giant’s stock valued at $9,004,000 after acquiring an additional 10,579 shares during the last quarter. Womack Financial LLC increased its stake in shares of Amazon.com by 1.2% during the 4th quarter. Womack Financial LLC now owns 6,900 shares of the e-commerce giant’s stock valued at $1,593,000 after acquiring an additional 82 shares during the last quarter. Weaver Consulting Group increased its stake in shares of Amazon.com by 0.6% during the 4th quarter. Weaver Consulting Group now owns 16,064 shares of the e-commerce giant’s stock valued at $3,708,000 after acquiring an additional 90 shares during the last quarter. Rothschild Investment LLC boosted its holdings in shares of Amazon.com by 2.5% in the 4th quarter. Rothschild Investment LLC now owns 113,961 shares of the e-commerce giant’s stock valued at $26,304,000 after purchasing an additional 2,783 shares during the last quarter. Finally, SBI Okasan Asset Management Co.Ltd. acquired a new stake in Amazon.com during the fourth quarter worth about $6,019,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AMZN has been the topic of a number of recent research reports. Jefferies Financial Group reaffirmed a “market outperform” rating on shares of Amazon.com in a research report on Monday, June 1st. William Blair reiterated an “outperform” rating on shares of Amazon.com in a report on Thursday, April 9th. Truist Financial increased their price target on Amazon.com from $310.00 to $320.00 and gave the company a “buy” rating in a report on Friday, May 29th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $330.00 price target (up from $280.00) on shares of Amazon.com in a report on Thursday, April 30th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $315.00 price target (up from $300.00) on shares of Amazon.com in a report on Thursday, April 30th. Fifty-seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $312.52.

Insider Activity

In other Amazon.com news, CEO Andrew R. Jassy sold 31,352 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $275.00, for a total value of $8,621,800.00. Following the completion of the transaction, the chief executive officer owned 2,175,766 shares in the company, valued at approximately $598,335,650. This represents a 1.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 27,500 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $275.00, for a total transaction of $7,562,500.00. Following the completion of the transaction, the chief executive officer owned 471,361 shares of the company’s stock, valued at $129,624,275. This represents a 5.51% 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 a total of 195,774 shares of company stock worth $51,614,434 in the last quarter. Company insiders own 8.90% of the company’s stock.

Amazon.com Stock Down 0.4%

Shares of NASDAQ:AMZN opened at $244.19 on Wednesday. The stock has a market capitalization of $2.63 trillion, a price-to-earnings ratio of 29.21, a price-to-earnings-growth ratio of 1.84 and a beta of 1.44. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $278.56. The company’s fifty day moving average is $251.52 and its two-hundred day moving average is $233.29. 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 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. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The company had revenue of $181.52 billion during the quarter, compared to the consensus estimate of $177.28 billion. During the same quarter in the previous year, the company posted $1.59 earnings per share. The company’s revenue for the quarter was up 16.6% compared to the same quarter last year. Equities analysts anticipate that Amazon.com, Inc. will post 7.71 EPS for the current year.

Amazon.com News Summary

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

• Positive Sentiment: Amazon continues to expand its AI and cloud infrastructure, including a multibillion-dollar fiber-optic agreement with Corning to support U.S. data center buildout, which reinforces long-term growth opportunities for AWS and AI services.
• Positive Sentiment: Analysts remain upbeat on AMZN, with recent Buy/Outperform reiterations and price targets above current levels, suggesting Wall Street sees the pullback as a potential entry point rather than a fundamental problem.
• Positive Sentiment: Amazon also announced new partnerships and product initiatives, including Amazon One Medical’s collaboration with Baptist Health in South Florida and AI-powered warehouse robotics, both of which support its broader ecosystem and automation strategy.

Amazon.com Company 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.