Fisher Asset Management LLC, managed by Ken Fisher, recently executed a significant transaction involving Amazon.Com, Inc. ((AMZN)). The hedge fund reduced its position by 506,166 shares.

Recent Updates on Amazon.Com, Inc. stock

Amazon.com, Inc. (AMZN) has reported a strong Q4 2024 financial performance with a 10% year-over-year revenue increase to $187.8 billion and a 61% rise in operating income to $21.2 billion. The AWS segment grew by 19%, reaching a $115 billion annualized revenue run rate, while advertising revenue increased 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, accounting for a $2.1 billion FX headwind. Analysts have mixed views on price targets, ranging from $265 to $287, reflecting expectations of continued growth in e-commerce, cloud, and advertising. Amazon’s year-to-date price performance is between 3.96% and 5.69%, with a current market cap around $2470.8 billion.

More about Amazon.Com, Inc.

YTD Price Performance: 4.61%

Average Trading Volume: 36,554,938

Current Market Cap: $2441.4B