<div id="readability-page-1"><p>Night Owl Capital Management LLC grew its holdings in shares of  Amazon.com, Inc. (NASDAQ:AMZN) by 2.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 310,268 shares of the e-commerce giant's stock after purchasing an additional 7,531 shares during the period. Amazon.com comprises about  8.8% of Night Owl Capital Management LLC's portfolio, making the stock its biggest position. Night Owl Capital Management LLC's holdings in Amazon.com were worth $68,070,000 at the end of the most recent quarter.</p><ul><li>MarketBeat Week in Review – 05/19 - 05/23</li></ul><p>A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Castlekeep Investment Advisors LLC acquired a new stake in  Amazon.com in the fourth quarter valued at approximately $25,000.  Accordant Advisory Group Inc increased its stake in  Amazon.com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock valued at $27,000 after purchasing an additional 100 shares during the last quarter.  Prudent Man Investment Management Inc. purchased a new position in  Amazon.com in the fourth quarter valued at approximately $27,000.  LSV Asset Management acquired a new stake in  Amazon.com during the 4th quarter worth $35,000.  Finally, Perritt Capital Management Inc boosted its stake in  Amazon.com by 72.7% during the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock worth $42,000 after purchasing an additional 80 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Wall Street Analyst Weigh In</h2><p>A number of equities analysts recently weighed in on the stock. Bank of America lowered their price objective on shares of Amazon.com from $257.00 to $225.00 and set a &#34;buy&#34; rating on the stock in a research report on Wednesday, April 9th. Maxim Group boosted their target price on shares of Amazon.com from $260.00 to $280.00 and gave the stock a &#34;buy&#34; rating in a research report on Friday, February 7th. Telsey Advisory Group  reaffirmed an &#34;outperform&#34; rating and set a $235.00 price target on shares of Amazon.com in a research note on Friday, May 2nd. Jefferies Financial Group cut their price target on Amazon.com from $250.00 to $240.00 and set a &#34;buy&#34; rating for the company in a research note on Tuesday, April 22nd. Finally, Wells Fargo &amp; Company cut their target price on shares of Amazon.com from $207.00 to $203.00 and set an &#34;equal weight&#34; rating for the company in a research note on Tuesday, February 25th. Four equities research analysts have rated the stock with a hold rating and forty-four have issued  a buy rating to the stock. According to MarketBeat.com, Amazon.com  has an average rating of &#34;Moderate Buy&#34; and an average price target of $244.09.</p><ul><li>Rivian Stock Below $20: Charging Up or in the Breakdown Lane?</li></ul><p><b>Check Out Our Latest Report on Amazon.com</b></p><h2>Amazon.com Stock Down 0.6%</h2><p>NASDAQ AMZN opened at $204.72 on Thursday. The stock has a market cap of $2.17 trillion, a PE ratio of 37.02, a P/E/G ratio of 1.50 and a beta of 1.30. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The business has a 50 day moving average price of $190.55 and a two-hundred day moving average price of $208.71. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. </p><ul><li>Amazon: Why May Is the Last Month to Get the Stock at a Discount</li></ul><p>Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.38 by $0.21. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The company had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. During the same period in the prior year, the company posted $0.98 EPS. Amazon.com's quarterly revenue was up 8.6% on a year-over-year basis.  As a group, sell-side analysts predict that  Amazon.com, Inc. will post 6.31 EPS for the current fiscal year. </p><h2>Insider Buying and Selling at Amazon.com</h2><p>In related news, VP Shelley Reynolds sold 2,695 shares of the company's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $200.79, for a total transaction of $541,129.05. Following the completion of the transaction, the vice president now directly owns 119,780 shares in the company, valued at $24,050,626.20. This represents a 2.20% decrease in their position. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the company's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total value of $469,975.00. Following the transaction, the chief executive officer now owns 509,474 shares of the company's stock, valued at approximately $95,776,017.26. The trade was a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 99,537 shares of company stock valued at $20,018,625 in the last three months. Corporate insiders own  9.70% of the company's stock. </p><h2>About Amazon.com</h2> (Free Report)<p>Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Amazon.com</li><li>What Are Dividends? Buy the Best Dividend Stocks</li><li>Amer Sports: The New ONON and DECK of Consumer Discretionary?</li><li>The Significance of Brokerage Rankings in Stock Selection</li><li>BigBear.ai: Risky AI Stock or Defense Tech Opportunity?</li><li>Procter &amp; Gamble <span>NYSE: PG<span></span></span> Pulls Back After Shaky Guidance</li><li>Toyota Supercharges Joby: $250M Capital Infusion Ignites Stock  </li></ul><p><strong>Want to see what other hedge funds are holding AMZN?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QU1aTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QU1aTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Amazon.com Right Now?</h2><p>Before you consider Amazon.com, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amazon.com wasn't on the list.</p><p>While Amazon.com currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

AMZN

<p>Night Owl Capital Management LLC increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.5% in Q4, acquiring an additional 7,531 shares, bringing its total to 310,268 shares valued at $68.07 million. Amazon represents 8.8% of its portfolio. Other institutional investors also adjusted their holdings. Analysts have mixed ratings on Amazon, with an average price target of $244.09. The stock opened at $204.72, with a market cap of $2.17 trillion and a recent EPS of $1.59, exceeding estimates. Insider trading activity was noted with VP Shelley Reynolds selling shares recently.</p>

- Night Owl Capital Management LLC increased its Amazon.com holdings by 2.5% in Q4, owning 310,268 shares valued at $68,070,000.  
- Several institutional investors also adjusted their stakes in Amazon, with 72.20% of the stock owned by such entities.  
- Amazon reported Q1 earnings of $1.59 EPS, exceeding estimates, with revenue of $155.67 billion, reflecting an 8.6% year-over-year increase.

Night Owl Capital Management LLC Buys 7,531 Shares of Amazon.com, Inc. (NASDAQ:AMZN)