TTP Investments Inc. Has $6.32 Million Position in Amazon.com, Inc. $AMZN

TTP Investments Inc. lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 18.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 27,382 shares of the e-commerce giant’s stock after selling 6,306 shares during the quarter. Amazon.com accounts for approximately 2.1% of TTP Investments Inc.’s portfolio, making the stock its 15th biggest holding. TTP Investments Inc.’s holdings in Amazon.com were worth $6,320,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in AMZN. Norges Bank acquired a new stake in shares of Amazon.com in the second quarter valued at approximately $27,438,011,000. Nuveen LLC acquired a new stake in shares of Amazon.com in the first quarter valued at approximately $11,674,091,000. Laurel Wealth Advisors LLC lifted its position in shares of Amazon.com by 22,085.8% in the second quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant’s stock valued at $2,671,634,000 after buying an additional 12,122,668 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Amazon.com by 21.3% in the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after buying an additional 10,176,835 shares during the last quarter. Finally, Capital Research Global Investors lifted its position in shares of Amazon.com by 11.3% in the third quarter. Capital Research Global Investors now owns 94,284,962 shares of the e-commerce giant’s stock valued at $20,702,362,000 after buying an additional 9,583,217 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on AMZN shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a research report on Monday, May 4th. Monness Crespi & Hardt raised their target price on shares of Amazon.com from $280.00 to $315.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. China Renaissance raised their target price on shares of Amazon.com from $300.00 to $326.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Rosenblatt Securities raised their target price on shares of Amazon.com from $296.00 to $332.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $330.00 target price (up from $280.00) on shares of Amazon.com 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 stock. According to data from MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and an average target price of $312.52.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $267.22 on Friday. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $278.56. 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 stock has a 50 day simple moving average of $233.53 and a 200 day simple moving average of $230.43. The stock has a market cap of $2.87 trillion, a P/E ratio of 31.96, a PEG ratio of 2.02 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data 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. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The business had revenue of $181.52 billion during the quarter, compared to analysts’ expectations of $177.28 billion. During the same quarter in the previous year, the company earned $1.59 EPS. The business’s revenue was up 16.6% on a year-over-year basis. Research analysts anticipate that Amazon.com, Inc. will post 7.71 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: Amazon’s rollout of Alexa for Shopping is being seen as a meaningful AI commerce upgrade, potentially improving product search, recommendations, and conversion rates across Amazon’s retail ecosystem. Amazon Unveils AI Search Overhaul To Defend Online Shopping Dominance
• Positive Sentiment: Investor optimism is rising around Amazon’s AI and AWS strategy, with reports pointing to strong cloud growth and massive AI chip commitments that reinforce the company’s long-term infrastructure opportunity. Amazon Rallies 36% as AI Push Drives Market Value Toward $3 Trillion
• Positive Sentiment: Amazon is expanding its smaller-format Whole Foods Daily Shop concept into more major U.S. cities, which could support grocery growth and deepen its urban retail footprint. Whole Foods Market to Bring its Daily Shop Concept to Three New U.S. Markets
• Positive Sentiment: Amazon’s logistics expansion, including Amazon Supply Chain Services and in-flight WiFi wins like Delta’s Amazon LEO deal, suggests the company is broadening revenue beyond retail and strengthening its infrastructure moat. UPS Weighs Amazon Competition Against Valuation Gap And Healthcare Focus
• Neutral Sentiment: Amazon continues to cut jobs and push employees to use more AI tools, which supports efficiency but also signals ongoing restructuring inside the business. LinkedIn, Cisco and Amazon are the latest tech companies laying off more workers
• Neutral Sentiment: Amazon’s debt and capital spending remain a major focus as the company funds AI infrastructure, but analysts still see the strategy as supportive of future growth. Amazon.com (AMZN) Plugged After $200 billion Projected Capital Expenditures
• Negative Sentiment: Lawmakers have opened a probe into Amazon’s AI data centers over power usage, consumer electricity costs, and grid strain, adding regulatory and reputational risk. Lawmakers Probe Amazon AI Data Center Power Costs And Investor Risks
• Negative Sentiment: Public pushback against AI data centers could complicate Amazon’s infrastructure buildout and slow execution of its broader AI ambitions. Amazon, Meta And Microsoft’s AI Data Center Push Faces Strong Revolt

Insider Buying and Selling at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 10,649 shares of Amazon.com stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total value of $2,187,624.07. Following the completion of the sale, the senior vice president owned 41,190 shares in the company, valued at $8,461,661.70. The trade was a 20.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com 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 sale, the chief executive officer owned 471,361 shares of the company’s stock, valued at $129,624,275. This trade represents a 5.51% 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. Insiders have sold 190,593 shares of company stock worth $46,081,241 over the last quarter. 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.