Amazon.com, Inc. $AMZN Shares Sold by FSM Wealth Advisors LLC

Key Points

• FSM Wealth Advisors LLC reduced its Amazon stake by 8.5%, selling 2,543 shares to hold 27,379 shares worth about $6.32 million, representing 0.9% of the fund and its 24th largest holding.
• Wall Street sentiment is generally bullish—several analysts raised targets (Mizuho to $325) and MarketBeat shows a consensus "Moderate Buy" with a $289.39 target—while AWS/AI partnerships (OpenAI on Bedrock) and new AI features are key positive catalysts ahead of Q1 earnings.
• Notable insider selling has occurred (CEO Matthew Garman sold 17,751 shares; a director sold ~3,849 shares), and Q1 results due April 29 are the proximate catalyst that could drive short‑term volatility.

FSM Wealth Advisors LLC lessened its position in Amazon.com, Inc. (NASDAQ:AMZN) by 8.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,379 shares of the e-commerce giant's stock after selling 2,543 shares during the period. Amazon.com comprises 0.9% of FSM Wealth Advisors LLC's portfolio, making the stock its 24th largest holding. FSM Wealth Advisors LLC's holdings in Amazon.com were worth $6,320,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. American Capital Advisory LLC increased 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 worth $1,774,000 after purchasing an additional 3,152 shares during the last quarter. Compagnie Lombard Odier SCmA acquired a new position in Amazon.com during the third quarter worth approximately $451,642,000. Weaver Capital Management LLC increased its position in Amazon.com by 13.6% during the fourth quarter. Weaver Capital Management LLC now owns 39,264 shares of the e-commerce giant's stock worth $9,063,000 after purchasing an additional 4,713 shares during the last quarter. Ethos Financial Group LLC increased its position in Amazon.com by 9.6% during the fourth quarter. Ethos Financial Group LLC now owns 36,485 shares of the e-commerce giant's stock worth $8,421,000 after purchasing an additional 3,196 shares during the last quarter. Finally, Baltimore Washington Financial Advisors Inc. increased its position in shares of Amazon.com by 1.9% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 239,862 shares of the e-commerce giant's stock worth $52,667,000 after acquiring an additional 4,558 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Trending Headlines about Amazon.com

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

• Positive Sentiment: OpenAI models are now coming to Amazon Bedrock/AWS in limited preview — a major distribution win for AWS that strengthens Amazon’s position as an AI infrastructure provider and could lift high‑margin cloud revenue. OpenAI expands Amazon deal after Microsoft loosens exclusivity terms
• Positive Sentiment: Mizuho raised its AMZN price target to $325 and reiterated an Outperform rating, signaling bullish analyst conviction that AWS (and Amazon’s chips/AI stack) is the core long‑term driver. Mizuho Raises Amazon Price Target to $325
• Positive Sentiment: Amazon rolled out new AI features — interactive audio Q&A on product pages and expanded Amazon Connect agentic tools for supply‑chain, HR and customer service — which help monetize AI across retail, ads and enterprise services. Amazon launches an AI-powered audio Q&A experience on product pages
• Positive Sentiment: Amazon secured exclusive multi‑year rights to Oprah Winfrey’s podcast content — a content/ad monetization catalyst for Amazon Music/Wondery and advertising growth. Amazon secures exclusive rights to Oprah Winfrey's podcast
• Neutral Sentiment: Q1 earnings are due after the close (April 29). The report is the proximate catalyst — strong AWS/AI disclosures could push shares higher, but heavy capex and margin commentary could trigger short‑term volatility. 'Get Ready,' Says Top Analyst as Amazon Stock Heads Into 'Hyperscaler Wednesday'
• Neutral Sentiment: Wall Street remains largely bullish (many buy ratings and higher targets), creating upside but also setting high expectations going into earnings. Amazon Pulls The Mag 7 Higher
• Negative Sentiment: Insider sale: Director Jonathan Rubinstein sold ~3,849 shares under a 10b5‑1 plan — a routine disclosure but often watched by investors as potential near‑term selling pressure. Director Jonathan Rubinstein SEC filing
• Negative Sentiment: EU regulators signaled plans to target cloud and AI under new Big Tech rules — increased regulation could raise compliance costs and limit some commercial flexibility in Europe. EU rules reining in Big Tech will now target cloud services and AI
• Negative Sentiment: Retail investor caution and macro/AI sentiment swings raise the chance of a post‑earnings unwind even if results are strong — positioning is crowded. Amazon Loses the Faith of Retail Investors Ahead of Q1 Earnings

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Morgan Stanley reissued an "overweight" rating and issued a $300.00 price objective (down from $315.00) on shares of Amazon.com in a research report on Friday, February 6th. Roth Mkm reissued a "buy" rating on shares of Amazon.com in a research report on Tuesday, April 14th. Rosenblatt Securities reissued a "buy" rating and issued a $296.00 price objective on shares of Amazon.com in a research report on Wednesday, April 15th. Arete Research increased their price objective on shares of Amazon.com from $285.00 to $301.00 and gave the stock a "buy" rating in a research report on Thursday, April 23rd. Finally, BMO Capital Markets increased their price objective on shares of Amazon.com from $310.00 to $315.00 and gave the stock an "outperform" rating in a research report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fifty-five have assigned a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $289.39.

Amazon.com Trading Down 0.5%

Amazon.com stock opened at $259.70 on Wednesday. The company has a market cap of $2.79 trillion, a P/E ratio of 36.22, a PEG ratio of 1.95 and a beta of 1.38. The firm's 50-day moving average is $221.26 and its 200-day moving average is $226.83. Amazon.com, Inc. has a 1 year low of $178.85 and a 1 year high of $264.50. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its 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). The company had revenue of $213.39 billion for the quarter, compared to analyst estimates of $211.02 billion. Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The firm's quarterly revenue was up 13.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.86 EPS. On average, equities analysts expect that Amazon.com, Inc. will post 7.71 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Matthew S. Garman sold 17,751 shares of Amazon.com stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total value of $3,642,860.22. Following the transaction, the chief executive officer owned 9,405 shares of the company's stock, valued at $1,930,094.10. The trade was a 65.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Douglas J. Herrington sold 20,500 shares of Amazon.com 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 completion of the transaction, the chief executive officer directly owned 499,861 shares in the company, valued at $122,465,945. This represents a 3.94% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 128,035 shares of company stock worth $28,827,479. 8.90% of the stock is owned by insiders.

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.

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.