Amazon.com, Inc. $AMZN Position Raised by Elevatus Welath Management

Key Points

• Elevatus Welath Management increased its Amazon stake by 22.8% to 43,056 shares (worth about $9.94M), making AMZN ~2.7% of the firm’s portfolio and its 10th largest holding; institutional investors now own roughly 72.2% of the stock.
• Wall Street consensus remains a “Moderate Buy” with a $286.59 price target, although several analysts have recently trimmed targets and ratings amid mixed near‑term outlooks.
• Strategic and operational catalysts are mixed: Amazon is reportedly in advanced talks to buy satellite operator Globalstar to accelerate Project Kuiper, while near‑term risks include a temporary 3.5% fuel & logistics surcharge for sellers, an NLRB order to bargain with a Staten Island union, notable insider selling, and geopolitical concerns.

Elevatus Welath Management lifted its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 22.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,056 shares of the e-commerce giant's stock after acquiring an additional 8,008 shares during the period. Amazon.com accounts for approximately 2.7% of Elevatus Welath Management's investment portfolio, making the stock its 10th biggest holding. Elevatus Welath Management's holdings in Amazon.com were worth $9,938,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. American Capital Advisory LLC grew its position in Amazon.com by 63.9% during the third quarter. American Capital Advisory LLC now owns 8,081 shares of the e-commerce giant's stock valued at $1,774,000 after buying an additional 3,152 shares during the period. Compagnie Lombard Odier SCmA acquired a new position in shares of Amazon.com in the third quarter worth about $451,642,000. DJE Kapital AG boosted its stake in shares of Amazon.com by 12.3% during the 2nd quarter. DJE Kapital AG now owns 1,037,443 shares of the e-commerce giant's stock worth $229,890,000 after acquiring an additional 113,345 shares in the last quarter. Baltimore Washington Financial Advisors Inc. grew its position in shares of Amazon.com by 1.9% during the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 239,862 shares of the e-commerce giant's stock valued at $52,667,000 after acquiring an additional 4,558 shares during the period. Finally, Wealthfront Advisers LLC grew its position in shares of Amazon.com by 3.9% during the 3rd quarter. Wealthfront Advisers LLC now owns 1,145,151 shares of the e-commerce giant's stock valued at $251,441,000 after acquiring an additional 42,707 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of analyst reports. 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 report on Friday, February 6th. Oppenheimer set a $260.00 price objective on Amazon.com and gave the company an "outperform" rating in a report on Friday, February 6th. DA Davidson restated a "neutral" rating and issued a $175.00 price objective (down from $300.00) on shares of Amazon.com in a research report on Friday, February 6th. Daiwa Securities Group reduced their target price on Amazon.com from $300.00 to $280.00 and set a "buy" rating for the company in a research note on Wednesday, February 11th. Finally, Zacks Research lowered Amazon.com from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 1st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $286.59.

Key Headlines Impacting Amazon.com

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: Reports say Amazon is in advanced talks to acquire satellite operator Globalstar to accelerate Project Kuiper and better compete with SpaceX’s Starlink — a strategic, long‑term growth move into connectivity that investors view as expansionary for AWS/IoT opportunities. Amazon in talks to buy $9bn Globalstar (Reuters)
• Positive Sentiment: Wells Fargo reiterated Overweight and nudged its price target higher, naming Amazon a top internet pick on improving AWS momentum and free‑cash‑flow inflection — supportive for sentiment and analyst‑driven buying. Wells Fargo names Amazon top internet pick (247WallSt)
• Positive Sentiment: Billionaire Steve Cohen/Point72 has been a long‑time holder and recent coverage highlights continued institutional interest — a bullish signal for conviction among large investors. Steve Cohen buying AMZN (InsiderMonkey)
• Neutral Sentiment: Amazon and AWS continue to show ecosystem momentum (partner certifications, new standards work such as the Linux‑backed x402 Foundation for agentic AI payments), which underpins long‑term cloud/AI positioning but has limited immediate EPS impact. x402 Foundation founding members include AWS (Cointelegraph)
• Negative Sentiment: Amazon will charge a temporary 3.5% fuel & logistics surcharge to third‑party sellers in the U.S. and Canada effective April 17 to offset rising transport costs — helps Amazon cover costs but risks seller pushback and could pressure marketplace GMV and growth metrics. Amazon adds 3.5% surcharge (CNBC)
• Negative Sentiment: NLRB ruled Amazon must bargain with a Staten Island warehouse union representing ~5,000 workers — an operational and cost risk that raises labor and reputational uncertainty for investors. NLRB orders Amazon to negotiate (Reuters)
• Negative Sentiment: Geopolitical fallout from the Iran conflict remains a live headwind — higher oil drove the seller surcharge and reports of an Iranian strike on an AWS Bahrain data center increase perceived geopolitical/operational risk. These macro forces can pressure valuation multiples and consumer demand. AWS Bahrain data center hit (Blockonomi)
• Negative Sentiment: Amazon’s new chatbot ad tests reportedly show weak early results — a potential near‑term headwind for advertising upside if the format doesn’t scale. Chatbot ad tests weak (TipRanks)
• Negative Sentiment: Heavy insider selling has been flagged in recent data — not proof of trouble but a signaling factor some investors watch for near‑term sentiment pressure. Insider selling and discussion (QuiverQuant)

Insider Activity at Amazon.com

In other news, CEO Douglas J. Herrington sold 1,000 shares of the company's stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $210.50, for a total transaction of $210,500.00. Following the completion of the sale, the chief executive officer owned 520,361 shares of the company's stock, valued at $109,535,990.50. This represents a 0.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 10,649 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the completion of the sale, the senior vice president owned 41,190 shares of the company's stock, valued at $8,461,661.70. This trade represents a 20.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 72,686 shares of company stock worth $14,899,239 over the last 90 days. Corporate insiders own 9.70% of the company's stock.

Amazon.com Stock Performance

NASDAQ AMZN opened at $209.77 on Friday. The company has a market cap of $2.25 trillion, a PE ratio of 29.26, a price-to-earnings-growth ratio of 1.57 and a beta of 1.38. The stock's 50 day simple moving average is $213.70 and its 200-day simple moving average is $224.38. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $258.60. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.05 and a quick ratio of 0.88.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.02). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The firm had revenue of $213.39 billion for the quarter, compared to analysts' expectations of $211.02 billion. During the same quarter in the previous year, the firm posted $1.86 earnings per share. The firm's revenue for the quarter was up 13.6% compared to the same quarter last year. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Amazon.com Profile

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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