Beirne Wealth Consulting Services LLC Sells 16,789 Shares of Amazon.com, Inc. $AMZN

Beirne Wealth Consulting Services LLC decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 60.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,799 shares of the e-commerce giant’s stock after selling 16,789 shares during the quarter. Beirne Wealth Consulting Services LLC’s holdings in Amazon.com were worth $2,493,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of AMZN. Brighton Jones LLC raised its position in shares of Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after purchasing an additional 397,007 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after purchasing an additional 986 shares during the period. Bank Pictet & Cie Europe AG raised its position in shares of Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after purchasing an additional 54,987 shares during the period. Highview Capital Management LLC DE raised its position in shares of Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after purchasing an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC bought a new position in shares of Amazon.com in the fourth quarter valued at approximately $2,153,000. Institutional investors own 72.20% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Andrew R. Jassy sold 31,352 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $275.00, for a total value of $8,621,800.00. Following the completion of the sale, the chief executive officer directly owned 2,175,766 shares in the company, valued at approximately $598,335,650. This trade represents a 1.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 27,500 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $275.00, for a total value 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 approximately $129,624,275. This trade represents a 5.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 185,809 shares of company stock valued at $45,132,239. 8.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft increased their price objective on Amazon.com from $290.00 to $315.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. China Renaissance increased their price objective on Amazon.com from $300.00 to $326.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. President Capital reduced their price objective on Amazon.com from $320.00 to $296.00 and set a “buy” rating for the company in a research report on Tuesday, February 10th. Oppenheimer increased their price objective on Amazon.com from $275.00 to $320.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. Finally, Moffett Nathanson increased their price objective on Amazon.com from $283.00 to $288.00 and gave the company a “buy” rating in a research report on Tuesday, April 7th. Fifty-seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $312.67.

Amazon.com Stock Performance

Amazon.com stock opened at $264.86 on Tuesday. 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 stock has a fifty day moving average price of $235.39 and a two-hundred day moving average price of $230.94. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $278.56. The firm has a market capitalization of $2.85 trillion, a P/E ratio of 31.68, a P/E/G ratio of 1.98 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $181.52 billion during the quarter, compared to analyst estimates of $177.28 billion. During the same period in the prior year, the company posted $1.59 earnings per share. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. As a group, analysts anticipate that Amazon.com, Inc. will post 7.71 EPS for the current fiscal year.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Arete Research raised its price target on Amazon and reiterated a Buy rating, signaling continued upside expectations from current levels.
• Positive Sentiment: Amazon was highlighted as IBD’s Stock of the Day and a “Franchise Pick,” with investors focused on its approach toward the $3 trillion market-cap milestone.
• Positive Sentiment: Coverage around AWS emphasized strong AI demand, custom chip adoption, and Amazon’s growing role in the cloud AI boom, which may support revenue growth and sentiment.
• Positive Sentiment: News that Delta Air Lines defended Amazon’s Leo satellite broadband deal helped validate Amazon’s broader technology and connectivity ambitions.
• Neutral Sentiment: Several major hedge fund and billionaire portfolio updates showed mixed positioning in AMZN, with some managers adding and others trimming shares; this is more of a sentiment read than a direct fundamental catalyst.
• Neutral Sentiment: Amazon’s new Alexa+ feature that can generate podcast episodes adds to its consumer AI story, but the immediate financial impact appears limited.
• Negative Sentiment: Amazon is also facing a proposed class-action lawsuit over alleged tariff-related refund practices, which could add legal overhang and headline risk.

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.