Amazon.com, Inc. $AMZN Shares Acquired by Gerber Kawasaki Wealth & Investment Management

Gerber Kawasaki Wealth & Investment Management grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 5.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 196,357 shares of the e-commerce giant’s stock after acquiring an additional 9,551 shares during the period. Amazon.com comprises approximately 1.6% of Gerber Kawasaki Wealth & Investment Management’s investment portfolio, making the stock its 16th biggest position. Gerber Kawasaki Wealth & Investment Management’s holdings in Amazon.com were worth $45,329,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Westchester Capital Management Inc. raised its position in shares of Amazon.com by 5.9% in the fourth quarter. Westchester Capital Management Inc. now owns 41,495 shares of the e-commerce giant’s stock worth $9,578,000 after acquiring an additional 2,315 shares during the period. Concorde Asset Management LLC raised its position in shares of Amazon.com by 6.5% in the fourth quarter. Concorde Asset Management LLC now owns 7,044 shares of the e-commerce giant’s stock worth $1,626,000 after acquiring an additional 430 shares during the period. M1 Capital Management LLC raised its position in shares of Amazon.com by 1.5% in the fourth quarter. M1 Capital Management LLC now owns 12,487 shares of the e-commerce giant’s stock worth $2,882,000 after acquiring an additional 190 shares during the period. United Capital Management of KS Inc. raised its position in shares of Amazon.com by 0.9% in the fourth quarter. United Capital Management of KS Inc. now owns 84,577 shares of the e-commerce giant’s stock worth $19,522,000 after acquiring an additional 771 shares during the period. Finally, Howland Capital Management LLC raised its position in shares of Amazon.com by 9.1% during the 4th quarter. Howland Capital Management LLC now owns 308,176 shares of the e-commerce giant’s stock worth $71,133,000 after purchasing an additional 25,735 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Down 1.2%

Shares of NASDAQ AMZN opened at $238.55 on Friday. The company has a 50 day simple moving average of $253.49 and a 200-day simple moving average of $233.62. The company has a market capitalization of $2.57 trillion, a P/E ratio of 28.53, a P/E/G ratio of 1.81 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. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $278.56.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%. The business’s revenue was up 16.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.59 EPS. On average, equities research analysts predict that Amazon.com, Inc. will post 7.71 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on AMZN. Evercore upped their price target on shares of Amazon.com from $285.00 to $315.00 and gave the stock an “outperform” rating in a research report on Thursday, April 30th. Benchmark increased their target price on Amazon.com from $275.00 to $370.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Jefferies Financial Group reissued a “market outperform” rating on shares of Amazon.com in a report on Monday, June 1st. Mizuho lifted their price target on Amazon.com from $315.00 to $325.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. Finally, KeyCorp boosted their price target on Amazon.com from $325.00 to $330.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Fifty-seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and an average target price of $312.78.

More Amazon.com News

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

• Positive Sentiment: Amazon continues to strengthen its AI and cloud position, with reports saying its custom chips are seeing strong demand in AWS and that its growing AI capabilities could help drive long-term upside. Article Title
• Positive Sentiment: Amazon expanded its logistics moat by launching less-than-truckload freight service for all U.S. businesses, which could improve its supply-chain offering and deepen its role in e-commerce infrastructure. Article Title
• Positive Sentiment: Amazon also signed a major patent license agreement with InterDigital covering Prime Video and devices, removing legal uncertainty and reinforcing its streaming and devices ecosystem. Article Title
• Neutral Sentiment: Analysts and commentators remain constructive on Amazon’s long-term fundamentals, pointing to e-commerce efficiency, AWS AI dominance, and potential value in its Anthropic investment, but these are more long-term catalysts than immediate trading drivers. Article Title
• Negative Sentiment: Investors are worried about Amazon’s heavy AI capital spending and new borrowing, which may pressure margins and free cash flow before the payback shows up. Article Title
• Negative Sentiment: Broader market pieces note that Amazon has lagged the S&P 500 recently and that its valuation has been hit by concerns over capex and softer near-term sentiment. Article Title

Insider Buying and Selling at Amazon.com

In related news, CEO Andrew R. Jassy sold 20,000 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $263.42, for a total transaction of $5,268,400.00. Following the completion of the transaction, the chief executive officer owned 2,205,766 shares of the company’s stock, valued at approximately $581,042,879.72. This trade represents a 0.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible 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 stock was sold at an average price of $262.38, for a total transaction of $620,003.94. Following the transaction, the vice president directly owned 119,780 shares of the company’s stock, valued at $31,427,876.40. The trade was 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. Over the last three months, insiders have sold 195,774 shares of company stock worth $51,614,434. 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.