Amazon.com, Inc. $AMZN Stock Position Lifted by Nippon Life Global Investors Americas Inc.

Nippon Life Global Investors Americas Inc. boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 547,770 shares of the e-commerce giant’s stock after acquiring an additional 11,520 shares during the period. Amazon.com makes up about 5.2% of Nippon Life Global Investors Americas Inc.’s portfolio, making the stock its 4th largest holding. Nippon Life Global Investors Americas Inc.’s holdings in Amazon.com were worth $126,436,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. First National Bank & Trust Co. of Newtown grew its position in Amazon.com by 5.0% in the fourth quarter. First National Bank & Trust Co. of Newtown now owns 6,206 shares of the e-commerce giant’s stock worth $1,432,000 after acquiring an additional 295 shares in the last quarter. Wheelhouse Advisory Group LLC grew its position in Amazon.com by 23.7% in the fourth quarter. Wheelhouse Advisory Group LLC now owns 4,723 shares of the e-commerce giant’s stock worth $1,098,000 after acquiring an additional 906 shares in the last quarter. Aprio Wealth Management LLC grew its position in Amazon.com by 105.9% in the fourth quarter. Aprio Wealth Management LLC now owns 55,171 shares of the e-commerce giant’s stock worth $12,734,000 after acquiring an additional 28,378 shares in the last quarter. S.A. Mason LLC grew its position in Amazon.com by 4.8% in the fourth quarter. S.A. Mason LLC now owns 5,986 shares of the e-commerce giant’s stock worth $1,382,000 after acquiring an additional 276 shares in the last quarter. Finally, Retirement Solution LLC grew its position in Amazon.com by 35.9% in the fourth quarter. Retirement Solution LLC now owns 7,025 shares of the e-commerce giant’s stock worth $1,621,000 after acquiring an additional 1,857 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Amazon.com Price Performance

NASDAQ AMZN opened at $259.32 on Wednesday. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. The company has a fifty day simple moving average of $236.31 and a 200 day simple moving average of $231.15. The company has a market cap of $2.79 trillion, a P/E ratio of 31.02, a P/E/G ratio of 1.98 and a beta of 1.46. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $278.56.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $1.15. The business had revenue of $181.52 billion during the quarter, compared to the consensus estimate of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. Amazon.com’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.59 EPS. On average, sell-side analysts predict that Amazon.com, Inc. will post 7.71 EPS for the current year.

Insider Activity

In related news, Director Jonathan Rubinstein sold 3,706 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $273.02, for a total transaction of $1,011,812.12. Following the completion of the sale, the director directly owned 74,948 shares of the company’s stock, valued at approximately $20,462,302.96. This represents a 4.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 11,475 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $262.66, for a total transaction of $3,014,023.50. Following the completion of the sale, the chief executive officer directly owned 11,430 shares of the company’s stock, valued at approximately $3,002,203.80. This trade represents a 50.10% decrease in their ownership of the stock. 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. Insiders sold a total of 201,026 shares of company stock valued at $49,128,874 in the last quarter. 8.90% of the stock is currently owned by corporate insiders.

Amazon.com News Summary

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

• Positive Sentiment: AWS continues to benefit from AI demand, with new interest in Trainium chips and fresh enterprise partnerships such as AVEVA, reinforcing Amazon’s cloud growth story. AVEVA and Amazon Web Services Announce Multi-Year Strategic Collaboration to Accelerate Industrial Intelligence in the Cloud
• Positive Sentiment: Several articles and investor notes described Amazon as an underappreciated AI winner, helping support the stock’s long-term thesis despite short-term volatility. Amazon Might Be the Most Obvious AI Stock Investors Are Missing
• Neutral Sentiment: CEO Matthew S. Garman sold shares under a pre-arranged trading plan, which is usually not a business red flag but can still weigh on investor sentiment. SEC filing for Matthew S. Garman sale
• Neutral Sentiment: Douglas J. Herrington also sold shares in a planned transaction, adding to headlines around insider activity without changing the company’s operating outlook. SEC filing for Douglas J. Herrington sale
• Negative Sentiment: Amazon faces a class-action lawsuit over tariff cost claims, which introduces legal and reputational uncertainty for the retailer. Amazon faces class action over tariff cost claims

Analyst Ratings Changes

Several analysts have commented on AMZN shares. Piper Sandler reissued an “overweight” rating and issued a $315.00 target price (up from $260.00) on shares of Amazon.com in a research report on Thursday, April 30th. Wolfe Research reissued an “outperform” rating and issued a $320.00 target price (up from $245.00) on shares of Amazon.com in a research report on Thursday, April 30th. Phillip Securities raised shares of Amazon.com from a “moderate buy” rating to a “buy” rating and set a $280.00 target price for the company in a research report on Wednesday, May 13th. Moffett Nathanson boosted their target price on shares of Amazon.com from $283.00 to $288.00 and gave the stock a “buy” rating in a research report on Tuesday, April 7th. Finally, BMO Capital Markets boosted their target price on shares of Amazon.com from $310.00 to $315.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Fifty-seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and a consensus price target of $312.67.

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.