Genesis Financial Group LLC Makes New Investment in Amazon, Inc. $AMZN

2 days ago
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Genesis Financial Group LLC bought a new position in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 35,126 shares of the e-commerce giant’s stock, valued at approximately $8,108,000. Amazon.com comprises approximately 4.7% of Genesis Financial Group LLC’s portfolio, making the stock its 4th largest position.

A number of other large investors have also recently bought and sold shares of AMZN. Brighton Jones LLC lifted its holdings in 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 worth $885,478,000 after acquiring an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC increased its stake 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 increased its stake 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 increased its stake 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 acquired a new stake 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.

Amazon.com stock opened at $239.89 on Tuesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. The firm has a market cap of $2.58 trillion, a price-to-earnings ratio of 33.46, a price-to-earnings-growth ratio of 1.79 and a beta of 1.38. Amazon.com, Inc. has a 1 year low of $165.29 and a 1 year high of $258.60. The firm’s 50 day moving average price is $211.90 and its two-hundred day moving average price is $224.33.
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Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.97 by ($0.02). The business had revenue of $213.39 billion during the quarter, compared to analyst estimates of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The company’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.86 EPS. On average, research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

AMZN has been the topic of several analyst reports. The Goldman Sachs Group raised their price target on shares of Amazon.com from $290.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Wells Fargo & Company raised their price target on Amazon.com from $304.00 to $305.00 and gave the company an “overweight” rating in a report on Thursday, April 2nd. Truist Financial lowered their price target on Amazon.com from $290.00 to $280.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Rothschild & Co Redburn set a $230.00 price target on Amazon.com in a report on Wednesday, January 21st. Finally, Piper Sandler reissued an “overweight” rating and set a $260.00 price target (down from $300.00) on shares of Amazon.com in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average target price of $287.29.

Get Our Latest Stock Analysis on Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 2,695 shares of Amazon.com stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.90, for a total value of $554,900.50. Following the transaction, the vice president owned 119,780 shares in the company, valued at approximately $24,662,702. The trade was a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Matthew S. Garman sold 17,751 shares of Amazon.com stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the completion of the transaction, the chief executive officer owned 9,405 shares in the company, valued at approximately $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 have sold a total of 72,686 shares of company stock valued at $14,899,239 in the last 90 days. 10.80% of the stock is owned by corporate insiders.

Here are the key news stories impacting Amazon.com this week:
• OpenAI memo highlights a growing Amazon alliance, signaling that OpenAI is leaning on AWS to reach enterprise clients — this validates AWS as a core infrastructure winner in the generative-AI race and underpins upside to cloud revenue. OpenAI touts Amazon alliance in memo, says Microsoft has ‘limited our ability’ to reach clients
• AWS momentum: social/analyst commentary points to an AI revenue run rate north of $15B and heavy data-center capex (large investments to support AI workloads). That reinforces the view that AWS is entering a higher-margin AI infrastructure cycle.
• CEO Andy Jassy is publicly emphasizing Amazon’s AI strategy (calling it a long-term opportunity), helping calm investors worried about near-term margin pressure from AI spending. Analyst pieces pick up Jassy’s message as a catalyst. Jassy Is Selling the Amazon AI Story: Should You Buy AMZN Stock Here?
• Amazon Autos expansion: Amazon is broadening Amazon Autos to more brands (Chevrolet, Jeep, Kia, Mazda, Subaru) and 130+ cities — a new revenue channel that investors see as incremental GMV and customer engagement. Amazon’s Car Sales Bet Is Getting Bigger With New Brands and More Cities
• Product/partnership wins outside core retail — e.g., a LEO aviation antenna for 1 Gbps in‑flight Wi‑Fi and Delta tie-ups — highlight new monetization avenues (connectivity, devices, services). What’s Going On With Amazon Stock Monday?
• Analyst nuance: Stifel trimmed its price target slightly (from $300 to $294) but kept a Buy — a small technical change that doesn’t alter the broad buy-side consensus.
• New productized ways to trade AMZN (Roundhill WeeklyPay ETF) create derivative demand but can also introduce odd short-term flows; not a fundamental earnings driver. Amazon Pays You Weekly Now — Here’s the ETF Making It Happen
• Insider and institutional selling flagged in data feeds (heavy insider disposals and some big fund reductions) — raises a governance/positioning watch flag that could pressure sentiment if it continues.

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.
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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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