Amazon.com, Inc. $AMZN is Katamaran Capital LLP’s Largest Position

Katamaran Capital LLP reduced its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 17.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 39,969 shares of the e-commerce giant’s stock after selling 8,379 shares during the quarter. Amazon.com accounts for 8.0% of Katamaran Capital LLP’s portfolio, making the stock its biggest holding. Katamaran Capital LLP’s holdings in Amazon.com were worth $8,776,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Wilson Asset Management International PTY Ltd. purchased a new position in Amazon.com in the second quarter worth about $11,102,000. American Capital Advisory LLC lifted its stake in shares of Amazon.com by 63.9% in the 3rd quarter. American Capital Advisory LLC now owns 8,081 shares of the e-commerce giant’s stock worth $1,774,000 after purchasing an additional 3,152 shares during the period. ARK Investment Management LLC lifted its stake in shares of Amazon.com by 8.3% in the 2nd quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock worth $250,213,000 after purchasing an additional 86,978 shares during the period. Buckhead Capital Management LLC boosted its holdings in shares of Amazon.com by 16.1% in the second quarter. Buckhead Capital Management LLC now owns 28,407 shares of the e-commerce giant’s stock worth $6,232,000 after buying an additional 3,948 shares during the last quarter. Finally, Alpha Wealth Funds LLC grew its position in Amazon.com by 172.8% during the second quarter. Alpha Wealth Funds LLC now owns 3,012 shares of the e-commerce giant’s stock valued at $667,000 after buying an additional 1,908 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Trading Down 0.8%

AMZN stock opened at $208.39 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.05 and a quick ratio of 0.88. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $258.60. The business has a 50 day simple moving average of $226.26 and a two-hundred day simple moving average of $227.62. The company has a market capitalization of $2.24 trillion, a price-to-earnings ratio of 29.06, a PEG ratio of 1.57 and a beta of 1.37.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.02). The company had revenue of $213.39 billion during the quarter, compared to analysts’ expectations of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.Amazon.com’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same period last year, the firm posted $1.86 EPS. Research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several recent research reports. Roth Mkm reiterated a “buy” rating and issued a $295.00 price target (up from $270.00) on shares of Amazon.com in a research report on Monday, January 26th. Desjardins raised their target price on Amazon.com to $218.00 in a report on Monday, December 8th. China Renaissance lifted their target price on Amazon.com from $278.00 to $300.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Telsey Advisory Group reissued an “outperform” rating and set a $300.00 price target on shares of Amazon.com in a report on Friday, February 6th. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $275.00 price objective on shares of Amazon.com in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com currently has a consensus rating of “Moderate Buy” and an average target price of $287.29.

Insiders Place Their Bets

In other Amazon.com news, SVP David Zapolsky sold 10,649 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the completion of the transaction, the senior vice president owned 41,190 shares of the company’s stock, valued at $8,461,661.70. This represents a 20.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 6,835 shares of Amazon.com stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $205.82, for a total value of $1,406,779.70. Following the completion of the sale, the chief executive officer directly owned 522,361 shares in the company, valued at $107,512,341.02. This trade represents a 1.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 70,686 shares of company stock worth $14,484,489. 9.70% of the stock is owned by corporate insiders.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Big strategic AI/cloud tie-up: Amazon announced a major investment and exclusive cloud partnership with OpenAI (reported as a $50B deal), strengthening AWS’s AI positioning and long-term revenue potential. Business Insider: Amazon OpenAI deal
• Positive Sentiment: Large infrastructure expansion in Spain: Amazon said it will invest an additional €18B (~$21B) in Spain for data centers and AI infrastructure (bringing total commitments higher), supporting AWS capacity and AI demand. Reuters: Amazon Spain investment
• Positive Sentiment: Data-center footprint growth: Amazon Data Services is buying George Washington University’s Virginia campus for $427M to expand infrastructure — a tangible capacity play for cloud growth. Reuters: GWU campus acquisition
• Positive Sentiment: New connectivity and partnerships: Vodafone will use Amazon’s LEO satellite service to connect remote mobile masts, extending AWS-related revenue and product reach. Reuters: Vodafone-Amazon satellites
• Neutral Sentiment: Ad/CT V partnerships: Smartly integrated with Amazon DSP for Connected TV campaigns — incremental ad-revenue opportunity but limited near-term impact. BusinessWire: Smartly-Amazon DSP
• Neutral Sentiment: Short-interest note: recent short-interest data in the feed appears unreliable/flat and is not signaling a material directional squeeze at present.
• Negative Sentiment: AWS operational hit from Middle East strikes: Amazon confirmed three AWS facilities in the UAE and Bahrain were damaged or impacted by drone/strike-related incidents; outages, a fire and temporary power shutdowns have disrupted services and raised geopolitics-as-operational-risk concerns. Business Insider: AWS data centers damaged
• Negative Sentiment: AWS outage details and service impact: AWS reported fires/“objects” hitting a UAE data center and related disruptions in Bahrain; market headlines flagged service reliability and potential customer impacts. Reuters: AWS outage/fire
• Negative Sentiment: Investor concern on AI spending and valuation: coverage highlights that Amazon’s heavy AI and data-center spending is pressuring near‑term returns and has been cited in analyses of the stock’s weak month; Evercore also trimmed its price target — adding downward pressure. Yahoo Finance: AI spending story AmericanBankingNews: Evercore price target cut

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.