Breachway Investments LLC Buys New Position in Amazon.com, Inc. $AMZN

Breachway Investments LLC bought a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,365 shares of the e-commerce giant’s stock, valued at approximately $1,469,000. Amazon.com makes up 1.5% of Breachway Investments LLC’s holdings, making the stock its 17th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Dravo Bay LLC boosted its position in shares of Amazon.com by 18.7% in the 4th quarter. Dravo Bay LLC now owns 1,225 shares of the e-commerce giant’s stock valued at $283,000 after purchasing an additional 193 shares during the period. SageGuard Financial Group LLC acquired a new position in shares of Amazon.com in the 4th quarter valued at $22,378,000. Jones Kertz & Associates Inc. acquired a new position in shares of Amazon.com in the 4th quarter valued at $3,764,000. Round Rock Advisors LLC boosted its position in shares of Amazon.com by 2.3% in the 4th quarter. Round Rock Advisors LLC now owns 38,518 shares of the e-commerce giant’s stock valued at $8,891,000 after purchasing an additional 872 shares during the period. Finally, Evergreen Capital Management LLC boosted its position in shares of Amazon.com by 11.4% in the 4th quarter. Evergreen Capital Management LLC now owns 297,680 shares of the e-commerce giant’s stock valued at $68,711,000 after purchasing an additional 30,490 shares during the period. Institutional investors and hedge funds 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 latest earnings beat showed stronger-than-expected revenue and profits, while AWS growth and AI-related demand continue to support the long-term growth narrative. Amazon Over Spending on AI?
• Positive Sentiment: Amazon is opening its logistics network to outside customers through Amazon Supply Chain Services, creating a new revenue stream beyond retail and cloud. Amazon Bets Logistics Is the New Cloud
• Positive Sentiment: Amazon Pharmacy is expanding access to Novo Nordisk’s Ozempic pill through same-day delivery and kiosks, adding another growth angle in healthcare. Amazon to Carry Ozempic
• Positive Sentiment: Several analysts have raised price targets after the Q1 report, reflecting confidence that Amazon can keep compounding growth. Analyst Target Raises
• Neutral Sentiment: CEO Andy Jassy sold shares under a pre-arranged trading plan, which is notable but does not necessarily signal a change in fundamentals. Jassy Share Sale
• Neutral Sentiment: Some articles highlighted concerns about Amazon’s heavy AI and data-center spending, but investors appear willing to give the company time to convert that investment into future growth. Cash Burn Concern
• Negative Sentiment: An AWS cooling issue caused a brief outage that disrupted services at other platforms, reminding investors that cloud reliability remains a key risk for Amazon Web Services. AWS Outage

Amazon.com Stock Down 0.0%

Shares of AMZN stock opened at $272.62 on Monday. The stock’s 50 day simple moving average is $227.55 and its 200 day simple moving average is $228.72. 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, Inc. has a twelve month low of $191.16 and a twelve month high of $278.56. The company has a market capitalization of $2.93 trillion, a price-to-earnings ratio of 32.61, a PEG ratio of 2.04 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, beating 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 business had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. During the same period last year, the business earned $1.59 EPS. The firm’s revenue was up 16.6% compared to the same quarter last year. As a group, research analysts predict that Amazon.com, Inc. will post 7.72 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AMZN. Rothschild & Co Redburn set a $230.00 price target on Amazon.com in a research report on Wednesday, January 21st. China Renaissance increased their price target on Amazon.com from $300.00 to $326.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Roth Mkm increased their price objective on Amazon.com from $285.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft increased their price objective on Amazon.com from $290.00 to $315.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Truist Financial increased their price objective on Amazon.com from $285.00 to $310.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Fifty-six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $313.09.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $275.00, for a total value of $7,562,500.00. Following the transaction, the chief executive officer directly owned 471,361 shares of the company’s stock, valued at $129,624,275. The trade was a 5.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 17,751 shares of Amazon.com stock in a transaction that occurred 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 sale, the chief executive officer directly owned 9,405 shares in the company, valued at $1,930,094.10. The trade was a 65.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 191,593 shares of company stock valued at $46,289,241. Corporate insiders own 8.90% of the company’s stock.

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.