Allen Operations LLC Makes New Investment in Amazon.com, Inc. $AMZN

Allen Operations LLC bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 24,420 shares of the e-commerce giant’s stock, valued at approximately $5,362,000. Amazon.com comprises 0.6% of Allen Operations LLC’s investment portfolio, making the stock its 20th largest position.

A number of other large investors have also recently made changes to their positions in the company. Fairway Wealth LLC boosted its stake in Amazon.com by 113.2% during the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after purchasing an additional 60 shares during the period. Sellwood Investment Partners LLC acquired a new stake in shares of Amazon.com during the third quarter worth about $27,000. Cooksen Wealth LLC boosted its stake in shares of Amazon.com by 23.5% during the second quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock worth $54,000 after buying an additional 47 shares during the period. PayPay Securities Corp grew its holdings in shares of Amazon.com by 62.3% during the third quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant’s stock worth $55,000 after buying an additional 96 shares during the last quarter. Finally, Access Investment Management LLC purchased a new stake in Amazon.com during the 2nd quarter valued at approximately $74,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com News Roundup

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

• Positive Sentiment: Big strategic AI/cloud tie-up: Amazon announced a major investment and exclusive cloud partnership with OpenAI (reported as a $50B deal), strengthening AWS’s AI positioning and long-term revenue potential. Business Insider: Amazon OpenAI deal
• Positive Sentiment: Large infrastructure expansion in Spain: Amazon said it will invest an additional €18B (~$21B) in Spain for data centers and AI infrastructure (bringing total commitments higher), supporting AWS capacity and AI demand. Reuters: Amazon Spain investment
• Positive Sentiment: Data-center footprint growth: Amazon Data Services is buying George Washington University’s Virginia campus for $427M to expand infrastructure — a tangible capacity play for cloud growth. Reuters: GWU campus acquisition
• Positive Sentiment: New connectivity and partnerships: Vodafone will use Amazon’s LEO satellite service to connect remote mobile masts, extending AWS-related revenue and product reach. Reuters: Vodafone-Amazon satellites
• Neutral Sentiment: Ad/CT V partnerships: Smartly integrated with Amazon DSP for Connected TV campaigns — incremental ad-revenue opportunity but limited near-term impact. BusinessWire: Smartly-Amazon DSP
• Neutral Sentiment: Short-interest note: recent short-interest data in the feed appears unreliable/flat and is not signaling a material directional squeeze at present.
• Negative Sentiment: AWS operational hit from Middle East strikes: Amazon confirmed three AWS facilities in the UAE and Bahrain were damaged or impacted by drone/strike-related incidents; outages, a fire and temporary power shutdowns have disrupted services and raised geopolitics-as-operational-risk concerns. Business Insider: AWS data centers damaged
• Negative Sentiment: AWS outage details and service impact: AWS reported fires/“objects” hitting a UAE data center and related disruptions in Bahrain; market headlines flagged service reliability and potential customer impacts. Reuters: AWS outage/fire
• Negative Sentiment: Investor concern on AI spending and valuation: coverage highlights that Amazon’s heavy AI and data-center spending is pressuring near‑term returns and has been cited in analyses of the stock’s weak month; Evercore also trimmed its price target — adding downward pressure. Yahoo Finance: AI spending story AmericanBankingNews: Evercore price target cut

Wall Street Analyst Weigh In

Several brokerages have weighed in on AMZN. Benchmark reiterated a “buy” rating on shares of Amazon.com in a research note on Thursday, January 29th. DZ Bank upgraded shares of Amazon.com to a “strong-buy” rating in a research report on Friday, February 6th. Zacks Research downgraded shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. CICC Research raised their target price on shares of Amazon.com from $240.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 5th. Finally, Mizuho downgraded shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $287.29.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.18, for a total value of $4,077,336.96. Following the sale, the chief executive officer owned 2,238,118 shares of the company’s stock, valued at approximately $459,217,051.24. This represents a 0.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Matthew S. Garman sold 17,751 shares of Amazon.com stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.22, for a total value of $3,642,860.22. Following the transaction, the chief executive officer directly owned 9,405 shares of the company’s stock, valued at $1,930,094.10. This trade represents a 65.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 70,686 shares of company stock valued at $14,484,489 in the last 90 days. 9.70% of the stock is owned by corporate insiders.

Amazon.com Trading Down 0.8%

Shares of AMZN opened at $208.39 on Tuesday. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $2.24 trillion, a P/E ratio of 29.06, a PEG ratio of 1.57 and a beta of 1.37. The firm’s 50-day moving average is $226.26 and its two-hundred day moving average is $227.62.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.02). The firm had revenue of $213.39 billion for the quarter, compared to analysts’ expectations of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.Amazon.com’s revenue was up 13.6% compared to the same quarter last year. During the same period last year, the firm earned $1.86 EPS. On average, research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

About Amazon.com

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.