Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust Acquires Shares of 100,898 Amazon.com, Inc. $AMZN

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 100,898 shares of the e-commerce giant’s stock, valued at approximately $23,289,000. Amazon.com makes up about 6.2% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s investment portfolio, making the stock its 4th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lifelong Wealth Advisors Inc. raised its holdings in shares of Amazon.com by 2.4% during the 4th quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock worth $402,000 after acquiring an additional 41 shares during the period. Financial Connections Group Inc. raised its holdings in shares of Amazon.com by 2.6% during the 4th quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant’s stock worth $376,000 after acquiring an additional 42 shares during the period. Marquette Asset Management LLC raised its holdings in shares of Amazon.com by 5.1% during the 4th quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant’s stock worth $205,000 after acquiring an additional 43 shares during the period. Western Financial Corp CA raised its holdings in shares of Amazon.com by 1.5% during the 4th quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant’s stock worth $710,000 after acquiring an additional 44 shares during the period. Finally, Navalign LLC raised its holdings in shares of Amazon.com by 0.3% during the 4th quarter. Navalign LLC now owns 13,349 shares of the e-commerce giant’s stock worth $3,081,000 after acquiring an additional 44 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling

In other news, CEO Douglas J. Herrington sold 27,500 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $275.00, for a total transaction of $7,562,500.00. Following the completion of the transaction, the chief executive officer directly owned 471,361 shares of the company’s stock, valued at approximately $129,624,275. The trade was a 5.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 31,352 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $275.00, for a total value of $8,621,800.00. Following the transaction, the chief executive officer directly owned 2,175,766 shares of the company’s stock, valued at approximately $598,335,650. This represents a 1.42% 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. In the last ninety days, insiders sold 195,774 shares of company stock valued at $51,614,434. Corporate insiders own 8.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. raised their price objective on Amazon.com from $280.00 to $330.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Morgan Stanley raised their price objective on Amazon.com from $300.00 to $330.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Pivotal Research reissued a “buy” rating and set a $320.00 price objective (up from $300.00) on shares of Amazon.com in a research report on Thursday, April 30th. Phillip Securities raised Amazon.com from a “moderate buy” rating to a “buy” rating and set a $280.00 price objective for the company in a research report on Wednesday, May 13th. Finally, HSBC raised their price objective on Amazon.com from $280.00 to $310.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and a consensus target price of $312.52.

Amazon.com Stock Performance

NASDAQ AMZN opened at $244.19 on Wednesday. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $278.56. The company has a market cap of $2.63 trillion, a P/E ratio of 29.21, a P/E/G ratio of 1.84 and a beta of 1.44. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01. The stock has a 50-day moving average of $251.52 and a two-hundred day moving average of $233.29.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $177.28 billion. During the same period in the previous year, the company posted $1.59 earnings per share. The business’s revenue for the quarter was up 16.6% on a year-over-year basis. As a group, analysts anticipate that Amazon.com, Inc. will post 7.71 EPS for the current year.

More Amazon.com News

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

• Positive Sentiment: Amazon continues to expand its AI and cloud infrastructure, including a multibillion-dollar fiber-optic agreement with Corning to support U.S. data center buildout, which reinforces long-term growth opportunities for AWS and AI services.
• Positive Sentiment: Analysts remain upbeat on AMZN, with recent Buy/Outperform reiterations and price targets above current levels, suggesting Wall Street sees the pullback as a potential entry point rather than a fundamental problem.
• Positive Sentiment: Amazon also announced new partnerships and product initiatives, including Amazon One Medical’s collaboration with Baptist Health in South Florida and AI-powered warehouse robotics, both of which support its broader ecosystem and automation strategy.

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.