Horizon Wealth Management LLC Acquires 6,101 Shares of Amazon.com, Inc. $AMZN
by Mitch Edgeman · The Markets DailyHorizon Wealth Management LLC lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 55.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 17,101 shares of the e-commerce giant’s stock after acquiring an additional 6,101 shares during the quarter. Horizon Wealth Management LLC’s holdings in Amazon.com were worth $3,947,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Fairway Wealth LLC lifted its holdings in shares of Amazon.com by 113.2% in the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after acquiring an additional 60 shares during the last quarter. Sellwood Investment Partners LLC bought a new stake in shares of Amazon.com in the 3rd quarter worth approximately $27,000. MilWealth Group LLC lifted its holdings in shares of Amazon.com by 79.0% in the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after acquiring an additional 79 shares during the last quarter. Bridge Generations Wealth Management LLC lifted its holdings in shares of Amazon.com by 2,330.0% in the 3rd quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant’s stock worth $53,000 after acquiring an additional 233 shares during the last quarter. Finally, Cooksen Wealth LLC lifted its holdings in shares of Amazon.com by 23.5% in the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock worth $54,000 after acquiring an additional 47 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.
Amazon.com Stock Down 2.5%
Shares of Amazon.com stock opened at $250.02 on Thursday. 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’s fifty day simple moving average is $248.25 and its two-hundred day simple moving average is $232.76. The company has a market cap of $2.69 trillion, a P/E ratio of 29.91, a PEG ratio of 1.92 and a beta of 1.44. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $278.56.
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued 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. The business had revenue of $181.52 billion for 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 company’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.59 EPS. Research analysts anticipate that Amazon.com, Inc. will post 7.71 EPS for the current year.
Trending Headlines about Amazon.com
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Amazon’s Prime Day will run June 23-26 and is being moved earlier than usual, giving investors a near-term catalyst for higher e-commerce sales and Prime sign-ups. The company also said Alexa AI will help power shopping, which could boost engagement. Article Title
- Positive Sentiment: Amazon overtook Walmart to become the largest U.S. company by revenue in 2025, highlighting strong top-line growth and reinforcing the company’s scale advantage. Article Title
- Positive Sentiment: Analysts and market commentary continue to point to AWS, advertising, subscriptions, and AI as long-term growth drivers, with multiple firms reiterating bullish ratings and price targets well above current levels. Article Title
- Neutral Sentiment: Amazon announced AI-generated product images in its shopping app and launched Prime in South Africa, both of which are strategic moves but not immediate stock catalysts. Article Title Article Title
- Negative Sentiment: Amazon shares are being weighed by broad tech-sector selling, with the Nasdaq falling and big tech under pressure across the market. Article Title
- Negative Sentiment: CEO Douglas Herrington sold 1,000 shares under a pre-arranged trading plan, and Amazon insiders have been net sellers over the past six months, which can weigh on sentiment. Article Title
- Negative Sentiment: New headlines on Ring facial-recognition lawsuits and possible EU cloud procurement restrictions add regulatory and privacy overhangs for AWS and connected devices. Article Title Article Title
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on the stock. The Goldman Sachs Group restated a “buy” rating and issued a $325.00 price objective (up from $275.00) on shares of Amazon.com in a report on Thursday, April 30th. Truist Financial upped their price target on shares of Amazon.com from $310.00 to $320.00 and gave the company a “buy” rating in a report on Friday, May 29th. Oppenheimer upped their price target on shares of Amazon.com from $275.00 to $320.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. Mizuho upped their price target on shares of Amazon.com from $315.00 to $325.00 and gave the company an “outperform” rating in a report on Tuesday, April 28th. Finally, Guggenheim reiterated a “buy” rating and set a $320.00 price target (up from $300.00) on shares of Amazon.com in a report on Thursday, April 30th. Fifty-seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $312.52.
Get Our Latest Stock Analysis on Amazon.com
Insider Activity at Amazon.com
In other Amazon.com news, CEO Douglas J. Herrington sold 27,500 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $275.00, for a total transaction of $7,562,500.00. Following 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,270 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $268.53, for a total transaction of $2,489,273.10. Following the transaction, the senior vice president directly owned 41,190 shares in the company, valued at approximately $11,060,750.70. The trade was a 18.37% 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 a total of 195,774 shares of company stock valued at $51,614,434 in the last 90 days. 8.90% of the stock is owned by company insiders.
Amazon.com Company 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.
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