Amazon.com, Inc.

(NASDAQ Global Select)
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Bullish +65

Amazon.com, Inc. $AMZN Shares Sold by Northeast Investment Management

AI-generated analysis

πŸ“‰ Northeast Investment Management reduced its Amazon stake by 1.3% in Q1, selling 7,149 shares to retain 525,799 shares worth $109.5 million.

πŸ“ˆ Multiple smaller hedge funds including MilWealth Group and Elkhorn Partners increased their Amazon positions significantly during the fourth quarter.

πŸ’° CEO Douglas J. Herrington sold 27,500 shares for $7.56 million in a pre-arranged Rule 10b5-1 transaction on May 4th.

πŸ“‰ SVP David Zapolsky sold 9,270 shares for $2.49 million on May 22nd under a similar pre-arranged trading plan.

πŸ“Š Insiders have collectively sold 195,774 shares valued at $51.6 million over the last three months.

πŸ’΅ Amazon reported Q1 revenue of $181.52 billion, surpassing analyst estimates by $4.24 billion.

πŸš€ Earnings per share reached $2.78, significantly beating the consensus estimate of $1.63.

πŸ“ˆ Revenue grew 16.6% year-over-year while maintaining a healthy net margin of 12.22%.

☁️ The company continues to leverage its diversified portfolio including AWS, Prime membership, and advertising services.

πŸ“‰ Institutional ownership stands at 72.20% with insiders holding approximately 8.9% of the total stock.

Bullish Signals
  • Amazon reported Q1 revenue of $181.52 billion, which topped analyst estimates by $4.24 billion.
  • The company achieved earnings per share of $2.78, significantly beating the consensus estimate of $1.63.
  • Revenue grew 16.6% year-over-year compared to the same quarter last year.
  • Amazon maintained a strong net margin of 12.22% and a return on equity of 19.92%.
  • Analysts predict an average full-year EPS of $7.75 for the current fiscal year.
  • The company has a diversified business model spanning e-commerce, cloud computing (AWS), digital media, and advertising.
Risk Factors
  • CEO Douglas J. Herrington sold 27,500 shares worth $7.56 million in May, representing a 5.51% decrease in his position.
  • SVP David Zapolsky sold 9,270 shares worth $2.49 million in May, reducing his stake by 18.37%.
  • Insiders have collectively sold 195,774 shares valued at $51.6 million over the last three months.
Full Analysis
Northeast Investment Management reduced its stake in Amazon by 1.3% during the first quarter, selling 7,149 shares to hold a remaining position of 525,799 shares valued at $109.5 million. While Northeast maintained Amazon as its fourth-largest holding representing 4.5% of its portfolio, several other institutional investors including MilWealth Group, Lifetime Wealth Management, Elkhorn Partners, Fairway Wealth, and Prudent Man Investment Management increased their stakes in the fourth quarter. Despite these institutional shifts, insider selling activity remains notable with SVP David Zapolsky and CEO Douglas J. Herrington executing pre-arranged Rule 10b5-1 trades totaling over $10 million combined in May. Over the last three months, insiders have collectively sold 195,774 shares valued at approximately $51.6 million, though they still retain ownership of roughly 8.9% of the company's outstanding stock. Amazon reported strong financial performance for the quarter ended April 29th, posting revenue of $181.52 billion which exceeded analyst estimates by $4.24 billion. The company achieved earnings per share of $2.78 against a consensus of $1.63, driven by a 16.6% year-over-year revenue increase and a net margin of 12.22%. Analysts currently forecast an average full-year EPS of $7.75 for the current fiscal year. The stock is trading with a market capitalization of $2.61 trillion and a price-to-earnings ratio of 29.03, having recently recovered from its twelve-month low of $196.00 to trade near its fifty-day moving average of $254.82. The company continues to diversify beyond its e-commerce marketplace into cloud computing via AWS, digital media, and advertising services while maintaining a diversified balance sheet with a debt-to-equity ratio of 0.27.