Capital Wealth Planning LLC Purchases 56,866 Shares of Amazon.com, Inc. $AMZN

Key Points

• Capital Wealth Planning LLC boosted its Amazon stake by 56,866 shares (a 169.8% increase) to 90,354 shares, worth about $19.84 million per its latest 13F filing.
• Wall Street consensus is a "Moderate Buy" with an average target of $286.93, though some analysts have cut targets and a few have moved to "hold."
• Recent company developments are mixed: positives include an AWS partnership with Cerebras and higher‑priced Prime Video tiers, while negatives include a large corporate debt offering and ongoing European legal/tax exposure.

Capital Wealth Planning LLC boosted its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 169.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 90,354 shares of the e-commerce giant's stock after purchasing an additional 56,866 shares during the period. Capital Wealth Planning LLC's holdings in Amazon.com were worth $19,839,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Fairway Wealth LLC increased its holdings in Amazon.com by 113.2% during the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant's stock valued at $25,000 after buying an additional 60 shares during the last quarter. Sellwood Investment Partners LLC bought a new position in Amazon.com in the third quarter worth approximately $27,000. Bridge Generations Wealth Management LLC boosted its stake in shares of Amazon.com by 2,330.0% during the 3rd quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant's stock worth $53,000 after acquiring an additional 233 shares during the last quarter. Cooksen Wealth LLC grew its position in shares of Amazon.com by 23.5% during the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant's stock valued at $54,000 after acquiring an additional 47 shares during the period. Finally, PayPay Securities Corp grew its position in shares of Amazon.com by 62.3% during the 3rd quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant's stock valued at $55,000 after acquiring an additional 96 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on AMZN shares. Bank of America decreased their target price on Amazon.com from $303.00 to $286.00 and set a "buy" rating on the stock in a report on Tuesday, January 27th. Weiss Ratings reissued a "buy (b)" rating on shares of Amazon.com in a report on Monday, December 29th. Wall Street Zen cut Amazon.com from a "buy" rating to a "hold" rating in a research report on Saturday, January 10th. JPMorgan Chase & Co. reaffirmed a "buy" rating on shares of Amazon.com in a research note on Friday, February 6th. Finally, Maxim Group lifted their price objective on Amazon.com from $280.00 to $290.00 and gave the company a "buy" rating in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, Amazon.com has an average rating of "Moderate Buy" and an average target price of $286.93.

Trending Headlines about Amazon.com

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

• Positive Sentiment: AWS partners with Cerebras to speed AI inference, which could improve Bedrock performance, lower customer costs and help AWS compete vs. Nvidia — a potential long‑term revenue/margin positive for Amazon’s cloud business. Cerebras Systems, Amazon strike deal to offer Cerebras AI chips on Amazon's cloud
• Positive Sentiment: Amazon splits out a paid "Ultra" Prime Video tier and hikes the ad‑free price — a direct, near‑term revenue boost from higher subscription ARPU that supports monetization of Prime streaming. Amazon to hike price of ad-free Prime Video tier by $2 a month
• Positive Sentiment: Luxembourg court vacated a record €746M privacy fine and ordered a reassessment, removing a large regulatory overhang for Amazon in Europe. Win for Amazon as Luxembourg court scraps record $854 million privacy fine
• Positive Sentiment: Wall Street remains constructive: analysts have reiterated buys and some raised price targets (e.g., Wolfe/Evercore), which can support the stock amid the pullback narrative. Amazon Is Rising While the Market Falls—Here’s Why
• Neutral Sentiment: Amazon is reportedly moving Prime Day earlier to late June — timing and promotional cadence can affect quarterly sales mix but is not a clear positive/negative until details and vendor economics are known. Amazon plans to move Prime Day event to June from July, Bloomberg News reports
• Negative Sentiment: Amazon closed a massive multi‑tranche corporate debt offering to fund its AI/capex push — strong demand reported ~4: 1 bids eases short‑term funding risk but the large debt target and $200B+ capex plan keep investor concerns about near‑term returns and balance‑sheet risk elevated. Amazon Completes Massive Multi-Tranche Corporate Debt Offering
• Negative Sentiment: Legal/tax risk persists: Milan prosecutors have sought trial for Amazon's European unit and four execs over alleged €1.2B tax evasion — an ongoing legal exposure that could concern investors. Exclusive: Italian prosecutors seek trial for Amazon, four execs over alleged $1.4 bln tax evasion

Amazon.com Stock Down 0.9%

Shares of AMZN stock opened at $207.67 on Friday. The stock has a market cap of $2.23 trillion, a P/E ratio of 28.96, a PEG ratio of 1.57 and a beta of 1.40. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16. The company's fifty day simple moving average is $222.93 and its two-hundred day simple moving average is $226.70.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing analysts' consensus estimates of $1.97 by ($0.02). Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. 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 business earned $1.86 EPS. The company's revenue for the quarter was up 13.6% on a year-over-year basis. Analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity at Amazon.com

In other news, VP Shelley Reynolds sold 2,695 shares of the company's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.90, for a total transaction of $554,900.50. Following the sale, the vice president directly owned 119,780 shares of the company's stock, valued at $24,662,702. This represents a 2.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP David Zapolsky sold 10,649 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total value of $2,187,624.07. Following the transaction, the senior vice president owned 41,190 shares of the company's stock, valued at $8,461,661.70. This represents a 20.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 71,686 shares of company stock valued at $14,688,739 in the last 90 days. 9.70% of the stock is currently owned by insiders.

About Amazon.com

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.

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.