Conservest Capital Advisors Inc. Has $1.81 Million Position in Amazon.com, Inc. $AMZN

Conservest Capital Advisors Inc. increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 34.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,699 shares of the e-commerce giant’s stock after purchasing an additional 2,208 shares during the period. Conservest Capital Advisors Inc.’s holdings in Amazon.com were worth $1,812,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. MilWealth Group LLC boosted its holdings in Amazon.com by 79.0% in the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after acquiring an additional 79 shares during the last quarter. Lifetime Wealth Management P.C. acquired a new stake in Amazon.com during the 4th quarter worth $45,000. Elkhorn Partners Limited Partnership raised its position in shares of Amazon.com by 900.0% during the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock valued at $46,000 after acquiring an additional 180 shares during the last quarter. Fairway Wealth LLC raised its position in shares of Amazon.com by 95.6% during the 4th quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock valued at $51,000 after acquiring an additional 108 shares during the last quarter. Finally, Prudent Man Investment Management Inc. lifted its stake in shares of Amazon.com by 87.7% in the 4th quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock valued at $53,000 after purchasing an additional 107 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

More Amazon.com News

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

  • Positive Sentiment: Amazon filed with the FCC to deploy up to 5,105 low-Earth-orbit satellites for direct-to-device messaging, voice, data and emergency services, targeting service launch in 2028. The initiative would expand Project Leo beyond broadband, leverage assets associated with Amazon’s planned $11.6 billion Globalstar acquisition and challenge SpaceX’s Starlink in the mobile-connectivity market. Amazon seeks federal approval to launch 5,105 satellites for direct-to-device network
  • Positive Sentiment: Analyst Brian White reaffirmed a Buy rating and $315 price target, citing momentum at Amazon Web Services (AWS). The target implies considerable upside from current trading levels, although it remains dependent on execution and earnings results. Amazon Buy Rating Reaffirmed as AWS Momentum Drives Outlook
  • Neutral Sentiment: Amazon reports second-quarter results on July 30, making AWS growth, operating margins, free cash flow and its AI investment outlook key catalysts. Analysts remain broadly optimistic, with the average price target reportedly near $313, but the results could produce significant volatility. Amazon’s Next Earnings Report Could Sink the Stock
  • Negative Sentiment: Investors are increasingly concerned that Amazon’s roughly $200 billion 2026 capital-expenditure plan, much of it tied to AI infrastructure, could weigh on free cash flow. Strong earnings beats across technology have not consistently translated into stock gains, raising the bar for Amazon to demonstrate that AI spending will generate sufficient returns. Amazon and Microsoft Are Spending $400 Billion on AI
  • Negative Sentiment: Warner Bros. Discovery sued Amazon over the hiring of an HBO Max executive, alleging that Amazon induced a contract breach and seeking restrictions on future employee poaching. The litigation adds a legal overhang, though its financial impact is currently unclear. Warner Bros. Discovery sues Amazon over HBO Max executive hire

Insider Transactions at Amazon.com

In other news, CEO Douglas J. Herrington sold 27,500 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer owned 471,361 shares in the company, valued at $129,624,275. This represents a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 31,352 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $275.00, for a total transaction of $8,621,800.00. Following the sale, the chief executive officer directly owned 2,175,766 shares of the company’s stock, valued at $598,335,650. This represents a 1.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 140,425 shares of company stock valued at $37,715,464. 8.90% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on AMZN shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $335.00 price objective on shares of Amazon.com in a research note on Thursday, July 9th. Mizuho increased their target price on Amazon.com from $315.00 to $325.00 and gave the company an “outperform” rating in a research note on Tuesday, April 28th. TD Cowen restated a “buy” rating and set a $340.00 target price (down from $350.00) on shares of Amazon.com in a report on Wednesday, July 8th. DZ Bank boosted their target price on Amazon.com from $295.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Finally, Phillip Securities raised Amazon.com from a “moderate buy” rating to a “buy” rating and set a $280.00 price target for the company in a research note on Wednesday, May 13th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $312.91.

View Our Latest Analysis on AMZN

Amazon.com Stock Down 0.3%

Shares of Amazon.com stock opened at $231.39 on Tuesday. 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 $247.59 and a two-hundred day moving average of $236.27. The company has a market capitalization of $2.49 trillion, a P/E ratio of 27.68, a price-to-earnings-growth ratio of 1.74 and a beta of 1.46. 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:AMZNGet Free Report) last released its quarterly earnings data 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 business had revenue of $181.52 billion for the quarter, compared to analysts’ expectations of $177.28 billion. During the same quarter in the previous year, the business posted $1.59 EPS. Amazon.com’s revenue for the quarter was up 16.6% on a year-over-year basis. As a group, equities analysts predict that Amazon.com, Inc. will post 7.75 EPS for the current year.

About Amazon.com

(Free Report)

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.

Read More

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZNFree Report).

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.