S Bank Fund Management Ltd Decreases Holdings in Amazon.com, Inc. $AMZN

S Bank Fund Management Ltd reduced its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 30.9% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 99,222 shares of the e-commerce giant’s stock after selling 44,267 shares during the quarter. Amazon.com accounts for about 3.0% of S Bank Fund Management Ltd’s investment portfolio, making the stock its 6th largest position. S Bank Fund Management Ltd’s holdings in Amazon.com were worth $22,902,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Amazon.com by 5.3% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 21,415,372 shares of the e-commerce giant’s stock worth $4,850,582,000 after buying an additional 1,080,890 shares in the last quarter. Wulff Hansen & CO. purchased a new position in Amazon.com in the 4th quarter worth approximately $4,483,000. Providence First Trust Co grew its stake in Amazon.com by 14.0% in the 4th quarter. Providence First Trust Co now owns 6,909 shares of the e-commerce giant’s stock worth $1,595,000 after buying an additional 849 shares in the last quarter. AssuredPartners Investment Advisors LLC grew its stake in Amazon.com by 45.9% in the 4th quarter. AssuredPartners Investment Advisors LLC now owns 18,892 shares of the e-commerce giant’s stock worth $4,361,000 after buying an additional 5,940 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in Amazon.com by 1.9% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,571,406 shares of the e-commerce giant’s stock worth $362,712,000 after buying an additional 29,850 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AMZN has been the subject of several research analyst reports. TD Cowen reaffirmed a “buy” rating and set a $350.00 price target on shares of Amazon.com in a research note on Tuesday, May 12th. Rosenblatt Securities lifted their price target on Amazon.com from $296.00 to $332.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. DZ Bank lifted their price target on Amazon.com from $295.00 to $320.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Barclays reaffirmed an “overweight” rating and set a $330.00 price target (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $315.00 price target (up from $260.00) on shares of Amazon.com in a research note on Thursday, April 30th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $312.83.

Amazon.com News Roundup

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

• Positive Sentiment: Truist raised its price target on Amazon and reiterated a buy rating, signaling confidence that the stock still has room to climb from current levels.
• Positive Sentiment: Amazon’s investment in Anthropic is drawing attention after the AI startup’s valuation surged, with several reports noting that Amazon benefits as Anthropic grows and that the relationship could become an increasingly valuable long-term asset for AWS.
• Positive Sentiment: Snowflake’s $6 billion AWS commitment and strong earnings have highlighted continued enterprise demand for Amazon Web Services, supporting the view that Amazon’s cloud business remains a key growth engine.
• Positive Sentiment: Multiple stories emphasized Amazon’s AI momentum, including AWS’s fastest growth in 15 quarters and plans to expand Bedrock with more advanced model offerings, reinforcing expectations that AI will keep driving revenue and margin expansion.
• Positive Sentiment: Prominent investors and commentators, including Cathie Wood and Jim Cramer, were cited as bullish on Amazon, which can help sentiment around the stock. Article: Jim Cramer Explains One of the Reasons “Amazon Stock Has Been Going Ever Higher”
• Neutral Sentiment: Amazon shut down an internal AI leaderboard after employees exaggerated usage scores, a sign the company is trying to control AI spending and improve discipline rather than a direct business setback. Article: Amazon says it shut down a token leaderboard: ‘Don’t use AI just to use AI’
• Neutral Sentiment: Coverage around Amazon nearing the $3 trillion market-cap milestone and outperforming since earnings is supportive, but it mostly reflects momentum already built into the stock rather than a new catalyst.
• Negative Sentiment: Australia’s competition regulator sued Amazon’s local unit over children’s backpacks lacking required battery warning labels, adding a regulatory overhang.
• Negative Sentiment: Blue Origin’s rocket explosion created a negative headline for Jeff Bezos’s broader empire, though the direct impact on Amazon is limited.
• Negative Sentiment: Some commentary also raised concerns about rising AI capital spending and margin pressure, which could matter if Amazon’s infrastructure buildout accelerates faster than monetization.

Amazon.com Stock Down 1.2%

Shares of NASDAQ:AMZN opened at $270.64 on Friday. The stock’s 50-day moving average price is $245.38 and its 200-day moving average price is $232.61. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $278.56. The stock has a market capitalization of $2.91 trillion, a P/E ratio of 32.37, a price-to-earnings-growth ratio of 2.05 and a beta of 1.46. 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 (NASDAQ:AMZN) last announced its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) 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 firm had revenue of $181.52 billion for the quarter, compared to analysts’ expectations of $177.28 billion. During the same period last year, the firm earned $1.59 earnings per share. The company’s revenue for the quarter was up 16.6% compared to the same quarter last year. On average, equities analysts anticipate that Amazon.com, Inc. will post 7.71 earnings per share for the current year.

Insider Activity

In other news, CEO Douglas J. Herrington sold 6,370 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $262.39, for a total transaction of $1,671,424.30. Following the completion of the sale, the chief executive officer owned 486,527 shares of the company’s stock, valued at approximately $127,659,819.53. This represents a 1.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,363 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $262.38, for a total value of $620,003.94. Following the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at approximately $31,427,876.40. This trade represents a 1.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 195,774 shares of company stock valued at $51,552,494. Corporate insiders own 8.90% of the company’s stock.

About Amazon.com

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.