Eagle Capital Management, L.L.C., managed by Boykin Curry, recently executed a significant transaction involving Amazon.Com, Inc. ((AMZN)). The hedge fund increased its position by 139,202 shares.

Recent Updates on Amazon.Com, Inc. stock

Amazon.Com, Inc. (AMZN) recently reported strong Q4 2024 financial results, showcasing a 10% increase in revenue to $187.8 billion and a 61% rise in operating income to $21.2 billion. The AWS segment experienced a 19% growth, reaching a $115 billion annualized revenue run rate, with advertising revenue also increasing by 18%. Despite challenges such as foreign exchange headwinds and AWS capacity constraints, Amazon forecasts Q1 2025 net sales between $151 billion and $155.5 billion. Analysts have provided mixed views on price targets, ranging from $265 to $287, reflecting confidence in Amazon’s fundamentals across e-commerce, cloud, and advertising sectors. The stock’s year-to-date price performance is noted at 5.69%, with a market cap reported around $2470.8 billion. Several hedge funds, including Diamond Hill Capital and Egerton Capital, have increased their positions in Amazon, indicating investor confidence in its growth potential.

More about Amazon.Com, Inc.

YTD Price Performance: 3.84%

Average Trading Volume: 35,562,271

Current Market Cap: $2441.4B