Ethos Financial Group LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 9.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,485 shares of the e-commerce giant’s stock after purchasing an additional 3,196 shares during the quarter. Ethos Financial Group LLC’s holdings in Amazon.com were worth $8,421,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cohen Capital Management Inc. boosted its position in Amazon.com by 0.4% during the fourth quarter. Cohen Capital Management Inc. now owns 80,487 shares of the e-commerce giant’s stock worth $18,578,000 after purchasing an additional 325 shares during the period. Sugar Maple Asset Management LLC boosted its stake in Amazon.com by 12.7% in the 4th quarter. Sugar Maple Asset Management LLC now owns 2,661 shares of the e-commerce giant’s stock valued at $614,000 after purchasing an additional 300 shares during the period. Home Federal Bank of Tennessee boosted its stake in Amazon.com by 9.5% in the 4th quarter. Home Federal Bank of Tennessee now owns 2,316 shares of the e-commerce giant’s stock valued at $535,000 after purchasing an additional 200 shares during the period. Princeton Global Asset Management LLC boosted its stake in Amazon.com by 9.5% in the 4th quarter. Princeton Global Asset Management LLC now owns 36,438 shares of the e-commerce giant’s stock valued at $8,411,000 after purchasing an additional 3,168 shares during the period. Finally, Invesco LLC boosted its stake in Amazon.com by 0.4% in the 4th quarter. Invesco LLC now owns 77,793 shares of the e-commerce giant’s stock valued at $17,956,000 after purchasing an additional 318 shares during the period. 72.20% of the stock is owned by institutional investors.
Key Stories Impacting Amazon.com
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Globalstar acquisition reinforces Amazon’s LEO/satellite strategy and prompted an immediate market re-rate; analysts and some banks called the deal strategic for Amazon’s Project Kuiper/LEO ambitions. Amazon’s $12B Globalstar Acquisition Paid for Itself
- Positive Sentiment: AWS wins new high-profile media/AI customers (Fox named AWS its preferred AI cloud provider), validating AWS’s enterprise AI momentum and revenue runway. Fox chooses AWS as preferred AI cloud provider
- Positive Sentiment: NiSource expanded a power agreement with Amazon to speed energy delivery to data centers — a small but tangible operational tailwind for AWS capacity expansion. NiSource signs long-term power deal
- Positive Sentiment: Wall Street and notable investors are doubling down: several firms reaffirmed buy ratings and investors like Brad Gerstner have been buying AMZN, supporting sentiment and multiple expansion. AI bull Brad Gerstner buying AMZN
- Neutral Sentiment: Management and media narratives: Jim Cramer and other pundits highlighted Amazon’s long-term opportunity, and Amazon promoted theatrical releases (CinemaCon) as a content/distribution play — strategic but longer‑dated. Cramer highlights Amazon
- Neutral Sentiment: Amazon-backed X‑Energy filed to raise up to $800M — underscores Bezos/AMZN ecosystem investments (energy/nuclear), but indirect to near-term earnings. X-Energy IPO filing
- Negative Sentiment: Marketplace friction: hundreds of large sellers staged a one‑day ad boycott protesting payout and ad-payment changes plus a temporary 3.5% fuel surcharge — a reputational and short‑term revenue risk for Amazon’s retail/ad ecosystem. Sellers boycott Amazon ads
- Negative Sentiment: Customer backlash and regional pushback (Canadian sellers/customers revolting over fuel surcharge) could pressure order volumes or force policy reversals. Canadians revolt over fuel surcharge
- Negative Sentiment: Technical/valuation caution: some analysts flagged the stock as overbought after the rally and warned a pullback is possible despite the strategic positives. Amazon overbought concerns
Insider Activity at Amazon.com
In other news, CEO Matthew S. Garman sold 17,751 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the completion of the sale, the chief executive officer owned 9,405 shares of the company’s stock, valued at approximately $1,930,094.10. This represents a 65.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 20,500 shares of the company’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $245.00, for a total transaction of $5,022,500.00. Following the sale, the chief executive officer directly owned 499,861 shares of the company’s stock, valued at approximately $122,465,945. This trade represents a 3.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 93,186 shares of company stock worth $19,921,739 in the last 90 days. Corporate insiders own 9.70% of the company’s stock.
Amazon.com Stock Performance
AMZN opened at $249.70 on Friday. The firm has a market cap of $2.69 trillion, a P/E ratio of 34.83, a price-to-earnings-growth ratio of 1.86 and a beta of 1.38. Amazon.com, Inc. has a 52-week low of $165.29 and a 52-week high of $258.60. 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 business’s fifty day moving average is $212.95 and its 200-day moving average is $224.88.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its 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 company had revenue of $213.39 billion for 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 business’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period last year, the company posted $1.86 earnings per share. Sell-side analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the company. Truist Financial reduced their price target on Amazon.com from $290.00 to $280.00 and set a “buy” rating for the company in a research note on Friday, February 6th. UBS Group set a $311.00 price target on Amazon.com in a research note on Tuesday, February 3rd. Telsey Advisory Group restated an “outperform” rating and issued a $300.00 price target on shares of Amazon.com in a research note on Friday, February 6th. Argus restated a “buy” rating and issued a $325.00 price target on shares of Amazon.com in a research note on Friday, February 6th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Amazon.com in a research note on Tuesday. One 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 data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $287.29.
Read Our Latest Analysis on AMZN
Amazon.com Company Profile
(Free Report)
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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