Amazon.com, Inc. $AMZN is HS Management Partners LLC’s 2nd Largest Position

HS Management Partners LLC decreased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 24.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,720 shares of the e-commerce giant’s stock after selling 31,675 shares during the quarter. Amazon.com comprises about 7.1% of HS Management Partners LLC’s portfolio, making the stock its 2nd biggest position. HS Management Partners LLC’s holdings in Amazon.com were worth $20,352,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in AMZN. MilWealth Group LLC increased its holdings in shares of Amazon.com by 79.0% during the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after acquiring an additional 79 shares in the last quarter. Lifetime Wealth Management P.C. acquired a new stake in Amazon.com in the 4th quarter worth approximately $45,000. Elkhorn Partners Limited Partnership grew its position in Amazon.com by 900.0% during the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 180 shares during the last quarter. Fairway Wealth LLC grew its position in Amazon.com by 95.6% during the 4th quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock worth $51,000 after purchasing an additional 108 shares during the last quarter. Finally, Prudent Man Investment Management Inc. increased its stake in Amazon.com by 87.7% during the 4th quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock valued at $53,000 after purchasing an additional 107 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. TD Securities upgraded shares of Amazon.com to a “buy” rating in a research note on Monday, April 13th. Guggenheim reissued a “buy” rating and issued a $320.00 target price (up from $300.00) on shares of Amazon.com in a research report on Thursday, April 30th. Mizuho raised their target price on Amazon.com from $315.00 to $325.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. HSBC lifted their price target on Amazon.com from $280.00 to $310.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Finally, Bank of America boosted their price target on Amazon.com from $298.00 to $310.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and a consensus target price of $312.79.

Amazon.com Trading Up 0.8%

NASDAQ AMZN opened at $247.31 on Tuesday. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $278.56. 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 company has a market capitalization of $2.66 trillion, a PE ratio of 29.58, a P/E/G ratio of 1.83 and a beta of 1.46. The company has a fifty day moving average of $252.68 and a 200 day moving average of $235.46.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, topping the consensus estimate of $1.63 by $1.15. The company had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The firm’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same period last year, the firm earned $1.59 EPS. Research analysts forecast that Amazon.com, Inc. will post 7.75 earnings per share for the current year.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Several commentators argue Amazon’s current valuation looks attractive after the sell-off, with its P/E near multi-year lows and earnings growth still intact. Article Title
• Positive Sentiment: Market coverage highlighted Amazon as one of the hyperscalers positioned to benefit as heavy AI capex eventually translates into stronger free cash flow, improving the long-term risk/reward profile. Article Title
• Positive Sentiment: Amazon’s AI chip strategy drew attention, with a report suggesting Trainium and Inferentia could evolve into a broader external compute business, creating another growth avenue beyond AWS. Article Title
• Positive Sentiment: Analysts and media reports emphasized that Amazon Web Services revenue is accelerating, while AI demand and new business opportunities inside Amazon’s delivery network could support future growth. Article Title
• Neutral Sentiment: Coverage of Amazon joining a broader big-tech AI spending spree underscored the company’s scale and strategic importance, but also reminded investors that capex remains elevated and will pressure near-term free cash flow. Article Title
• Negative Sentiment: One report framed Amazon as a “loser” in the AI infrastructure transfer, arguing hyperscalers are funding chipmakers’ growth while absorbing heavy cash burn themselves. Article Title
• Negative Sentiment: Investors also continued to digest Amazon’s plan to issue $25 billion in new debt to fund AI infrastructure, which may raise concerns about balance-sheet pressure and returns on investment. Article Title

Insider Activity

In related news, CEO Andrew R. Jassy sold 20,000 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $263.42, for a total transaction of $5,268,400.00. Following the sale, the chief executive officer directly owned 2,205,766 shares of the company’s stock, valued at $581,042,879.72. This trade represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,363 shares of Amazon.com 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 transaction, the vice president owned 119,780 shares of the company’s stock, valued at approximately $31,427,876.40. This represents a 1.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 175,274 shares of company stock valued at $46,621,204 over the last 90 days. Company 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.