Horst & Graben Wealth Management LLC Buys 5,980 Shares of Amazon.com, Inc. $AMZN

Horst & Graben Wealth Management LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 86.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,888 shares of the e-commerce giant’s stock after acquiring an additional 5,980 shares during the quarter. Horst & Graben Wealth Management LLC’s holdings in Amazon.com were worth $2,684,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Meitav Investment House Ltd. boosted its position in shares of Amazon.com by 63.7% in the first quarter. Meitav Investment House Ltd. now owns 1,355,565 shares of the e-commerce giant’s stock worth $282,237,000 after purchasing an additional 527,246 shares during the period. Resonant Capital Advisors LLC lifted its stake in shares of Amazon.com by 9.9% during the 1st quarter. Resonant Capital Advisors LLC now owns 66,062 shares of the e-commerce giant’s stock valued at $13,759,000 after buying an additional 5,964 shares in the last quarter. United Asset Strategies Inc. boosted its holdings in Amazon.com by 8.6% in the 1st quarter. United Asset Strategies Inc. now owns 240,188 shares of the e-commerce giant’s stock worth $50,024,000 after buying an additional 19,080 shares during the period. Clare Market Investments LLC bought a new stake in Amazon.com during the first quarter valued at about $49,211,000. Finally, Unified Investment Management raised its holdings in Amazon.com by 2.2% during the first quarter. Unified Investment Management now owns 8,384 shares of the e-commerce giant’s stock valued at $1,746,000 after acquiring an additional 180 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com News Summary

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

• Positive Sentiment: Amazon’s AWS and AI spend remain a major growth story, with reports of a roughly $200 billion 2026 AI investment plan and large future commitments for Trainium chips supporting the bullish thesis. Andy Jassy Says Amazon’s Chip Business Already Has $225 Billion in Commitments
• Positive Sentiment: Analysts remained upbeat on Amazon, with fresh coverage and higher targets pointing to continued confidence in AWS re-acceleration and AI-driven earnings growth. KeyBanc Raises Amazon Stock’s Price Target Ahead of Earnings: Here’s What to Watch
• Positive Sentiment: June retail sales and online spending were strong, which is a helpful signal for Amazon’s e-commerce business heading into back-to-school season. 5 Solid Stocks to Boost Your Portfolio as Retail Sales Continue to Surge
• Neutral Sentiment: Amazon is still being compared favorably in the “Magnificent Seven” and AI hyperscaler debates, which keeps the stock in focus but is more commentary than a direct catalyst. The Race to Beat Nvidia: Does Google or Amazon Have the Better In-House Silicon
• Negative Sentiment: Zoox recalled 105 robotaxis after a software issue involving heavy smoke detection, adding a near-term headline risk to Amazon’s autonomous vehicle unit. Zoox recalls self-driving cars because they may not detect smoke
• Negative Sentiment: An AWS billing bug briefly generated wildly inflated invoices for some customers, which could dent sentiment around cloud reliability even though Amazon says it is fixing the issue. Amazon fixing bug that billed some AWS customers billions of dollars

Amazon.com Price Performance

Shares of Amazon.com stock opened at $247.27 on Friday. The firm has a market cap of $2.66 trillion, a PE ratio of 29.58, a PEG ratio of 1.84 and a beta of 1.46. The stock has a 50 day moving average of $250.83 and a 200 day moving average of $235.93. 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, Inc. has a 12 month low of $196.00 and a 12 month high of $278.56.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.63 by $1.15. The business had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The company’s revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.59 EPS. On average, research analysts expect that Amazon.com, Inc. will post 7.75 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on AMZN. Royal Bank Of Canada reiterated a “buy” rating on shares of Amazon.com in a research report on Tuesday, June 16th. Wells Fargo & Company restated an “overweight” rating and issued a $313.00 price target (up from $312.00) on shares of Amazon.com in a research note on Thursday, July 2nd. Mizuho increased their price objective on shares of Amazon.com from $315.00 to $325.00 and gave the company an “outperform” rating in a report on Tuesday, April 28th. Susquehanna reiterated a “positive” rating and set a $325.00 price objective (up from $300.00) on shares of Amazon.com in a research report on Thursday, April 30th. Finally, Monness Crespi & Hardt boosted their target price on shares of Amazon.com from $280.00 to $315.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $312.76.

Insider Activity

In related news, CEO Douglas J. Herrington sold 27,500 shares of the company’s stock in a transaction on 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 sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jonathan Rubinstein sold 3,849 shares of the stock in a transaction on Friday, April 24th. The shares were sold at an average price of $260.00, for a total transaction of $1,000,740.00. Following the transaction, the director owned 78,654 shares of the company’s stock, valued at $20,450,040. This trade represents a 4.67% 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. In the last ninety days, insiders sold 144,274 shares of company stock worth $38,716,204. 8.90% of the stock is owned by corporate 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.