Pathfinder Wealth Consulting Inc. Makes New $4.21 Million Investment in Amazon.com, Inc. $AMZN

Pathfinder Wealth Consulting Inc. bought a new position in Amazon.com, Inc. (NASDAQ:AMZN) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 18,218 shares of the e-commerce giant’s stock, valued at approximately $4,205,000. Amazon.com comprises about 2.7% of Pathfinder Wealth Consulting Inc.’s holdings, making the stock its 6th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in shares of Amazon.com by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after purchasing an additional 8,913,959 shares in the last quarter. State Street Corp boosted its holdings in shares of Amazon.com by 2.0% in the 3rd quarter. State Street Corp now owns 381,681,441 shares of the e-commerce giant’s stock worth $83,805,794,000 after purchasing an additional 7,584,156 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Amazon.com by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant’s stock worth $47,332,625,000 after purchasing an additional 3,721,658 shares in the last quarter. Norges Bank purchased a new position in shares of Amazon.com in the 2nd quarter worth about $27,438,011,000. Finally, Northern Trust Corp boosted its holdings in shares of Amazon.com by 0.3% in the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock worth $18,527,354,000 after purchasing an additional 302,858 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 1,000 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $266.19, for a total value of $266,190.00. Following the completion of the sale, the chief executive officer owned 485,527 shares in the company, valued at approximately $129,242,432.13. This trade represents a 0.21% decrease in their position. The transaction 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, SVP David Zapolsky sold 9,270 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $268.53, for a total value of $2,489,273.10. Following the completion of the sale, the senior vice president owned 41,190 shares of the company’s stock, valued at approximately $11,060,750.70. This trade represents a 18.37% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 195,774 shares of company stock worth $51,614,434. Insiders own 8.90% of the company’s stock.

Amazon.com Trading Down 3.1%

Shares of AMZN stock opened at $246.03 on Friday. The stock has a market capitalization of $2.65 trillion, a PE ratio of 29.43, a P/E/G ratio of 1.84 and a beta of 1.44. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $278.56. The business has a 50-day moving average of $249.87 and a 200 day moving average of $232.98. 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 (NASDAQ:AMZN) last issued its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, beating the consensus estimate of $1.63 by $1.15. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The company had revenue of $181.52 billion during the quarter, compared to analysts’ expectations of $177.28 billion. During the same period in the prior year, the business posted $1.59 EPS. Amazon.com’s quarterly revenue was up 16.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 7.71 earnings per share for the current year.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Amazon’s latest AI and logistics push is a major bullish catalyst: the company unveiled an upgraded warehouse robot and is backing a €10 billion expansion of its European fulfillment network, which should support faster shipping, lower costs, and better operating efficiency. Reuters: Amazon unveils new AI warehouse robot in $12 billion Europe push
• Positive Sentiment: Amazon Web Services continues to win large contracts, including Pinterest’s $4 billion cloud deal through 2031, reinforcing AWS’s role as a key AI infrastructure beneficiary. Reuters: Pinterest signs $4 billion Amazon deal for cloud services
• Positive Sentiment: Several recent market commentary pieces highlighted Amazon’s growing AI, cloud, and advertising opportunities, with analysts continuing to frame AMZN as a long-duration AI winner. MarketBeat: Amazon.com stock and related coverage
• Neutral Sentiment: Amazon’s CEO Douglas Herrington sold 1,000 shares under a pre-arranged trading plan. The sale is small, but insider selling can still create some short-term caution. MarketBeat: Amazon.com insider trades
• Negative Sentiment: Amazon is facing fresh scrutiny over its aggressive AI spending, with employees publicly criticizing massive data-center investment while layoffs continue. That keeps cost and labor concerns front and center. CNBC: Amazon engineers in Seattle slam employer for building AI data centers while laying off staffers
• Negative Sentiment: Rising shipping costs tied to Middle East conflict could pressure Amazon’s retail margins ahead of Prime Day, adding another near-term headwind. Yahoo Finance: Iran war raises shipping costs ahead of Amazon Prime Day
• Negative Sentiment: Amazon also faces ongoing regulatory and reputational pressure from data-center pushback and privacy-related concerns around Ring, which may weigh on sentiment even if the long-term business outlook remains strong. Reuters: Texas grid flags risks as data centers, crypto sites fail voltage tests

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of research reports. Cantor Fitzgerald reiterated an “overweight” rating and issued a $330.00 price objective (up from $280.00) on shares of Amazon.com in a report on Thursday, April 30th. Bank of America upped their price objective on Amazon.com from $298.00 to $310.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. JPMorgan Chase & Co. upped their price objective on Amazon.com from $280.00 to $330.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Barclays restated an “overweight” rating and set a $330.00 target price (up from $300.00) on shares of Amazon.com in a report on Thursday, April 30th. Finally, Pivotal Research restated a “buy” rating and set a $320.00 target price (up from $300.00) on shares of Amazon.com in a 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 MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and a consensus target price of $312.52.

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.