Coerente Capital Management Grows Stock Position in Amazon.com, Inc. $AMZN

Key Points

• Coerente Capital Management raised its Amazon stake 3.2% in Q4 to 136,985 shares (about $31.62M), making AMZN roughly 5.8% of the fund's portfolio and its fourth-largest holding.
• Positive AWS catalysts — including a multiyear Meta deal to deploy Graviton5 cores and an expanded Anthropic partnership (reported ~$5B) — have spurred analyst upgrades and bolster expectations for cloud revenue ahead of Q1 earnings.
• Insider selling: CEO Andrew R. Jassy sold 31,000 shares for $7.9M under a Rule 10b5‑1 plan, and insiders sold about 124,186 shares (~$27.8M) in the last quarter, which could create short‑term sentiment headwinds.

Coerente Capital Management raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 136,985 shares of the e-commerce giant's stock after buying an additional 4,207 shares during the period. Amazon.com comprises about 5.8% of Coerente Capital Management's portfolio, making the stock its 4th biggest position. Coerente Capital Management's holdings in Amazon.com were worth $31,619,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Family Investment Center Inc. grew its position in shares of Amazon.com by 111.2% in the 4th quarter. Family Investment Center Inc. now owns 2,260 shares of the e-commerce giant's stock valued at $522,000 after buying an additional 1,190 shares during the last quarter. Howard Capital Management Inc. grew its position in shares of Amazon.com by 17.3% in the 4th quarter. Howard Capital Management Inc. now owns 318,319 shares of the e-commerce giant's stock valued at $73,474,000 after buying an additional 47,048 shares during the last quarter. Bouvel Investment Partners LLC grew its position in shares of Amazon.com by 1.7% in the 4th quarter. Bouvel Investment Partners LLC now owns 42,061 shares of the e-commerce giant's stock valued at $9,709,000 after buying an additional 699 shares during the last quarter. Ritholtz Wealth Management grew its position in shares of Amazon.com by 2.8% in the 4th quarter. Ritholtz Wealth Management now owns 250,366 shares of the e-commerce giant's stock valued at $57,789,000 after buying an additional 6,824 shares during the last quarter. Finally, Gainplan LLC bought a new stake in shares of Amazon.com in the 4th quarter valued at about $1,877,000. Institutional investors own 72.20% of the company's stock.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Major customer win for AWS custom chips — Meta signed a multiyear deal to deploy "tens of millions" of AWS Graviton5 cores for agentic AI workloads, a multibillion‑dollar contract that directly boosts AWS chip revenue and validates Amazon’s custom silicon strategy. Meta strikes deal with Amazon's cloud unit
• Positive Sentiment: Analysts lifting targets and reaffirming buys — Multiple firms have raised price targets and reiterated buy/overweight ratings, signaling stronger sell‑side conviction ahead of earnings and supporting the rally. Top Analysts Raise Amazon Stock (AMZN) Price Targets
• Positive Sentiment: Expanded Anthropic partnership locks long‑term AWS demand — Coverage highlights a bigger Anthropic commitment (and recent $5B deal), which implies sustained, high‑margin cloud revenue but also sizable compute and capex commitments from Amazon. Amazon and Anthropic $5 Billion Deal
• Positive Sentiment: Amazon‑backed X‑Energy IPO rally highlights ecosystem wins — The strong debut of X‑Energy (an Amazon‑backed SMR startup) underscores investor appetite for companies tied to AI power/data‑center infrastructure and reflects Amazon’s strategic ecosystem bets. X‑Energy Nasdaq Debut
• Neutral Sentiment: Upcoming Q1 earnings (Apr 29) are a short‑term volatility trigger — Consensus expects follow‑through on AWS strength, so results and margin/capex commentary will drive next moves. Earnings Preview: Expected Move
• Neutral Sentiment: Operational changes and selective layoffs/role renames (e.g., "builder" titles) could modestly affect culture and execution but are not immediate share‑price drivers. Amazon replaces job titles
• Negative Sentiment: Insider selling by CEO — Recent disclosure shows CEO stock sales (~$7.9M), which can create short‑term investor concern over insider timing even if routine. CEO Insider Selling
• Negative Sentiment: Legal/regulatory risk — California AG alleges Amazon pressured vendors on pricing in unsealed filings, a potential multi‑jurisdictional legal overhang that could create headline risk and fines. California price‑fixing allegations

Insider Buying and Selling at Amazon.com

In related news, CEO Andrew R. Jassy sold 31,000 shares of the company's stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $255.00, for a total transaction of $7,905,000.00. Following the transaction, the chief executive officer directly owned 2,207,118 shares of the company's stock, valued at approximately $562,815,090. This represents a 1.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 17,751 shares of the company's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.22, for a total value of $3,642,860.22. Following the transaction, the chief executive officer directly owned 9,405 shares in the company, valued at approximately $1,930,094.10. This trade represents a 65.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 124,186 shares of company stock worth $27,826,739 in the last quarter. Company insiders own 8.90% of the company's stock.

Amazon.com Price Performance

AMZN stock opened at $263.99 on Monday. The stock's 50 day simple moving average is $218.84 and its 200 day simple moving average is $226.29. Amazon.com, Inc. has a fifty-two week low of $178.85 and a fifty-two week 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. The company has a market cap of $2.84 trillion, a P/E ratio of 36.82, a price-to-earnings-growth ratio of 1.97 and a beta of 1.38.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results 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 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 analyst estimates of $211.02 billion. During the same period last year, the company posted $1.86 earnings per share. The firm's quarterly revenue was up 13.6% compared to the same quarter last year. On average, research analysts expect that Amazon.com, Inc. will post 7.74 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently commented on AMZN. Raymond James Financial cut their target price on Amazon.com from $260.00 to $225.00 and set an "outperform" rating on the stock in a research report on Friday, February 6th. President Capital cut their target price on Amazon.com from $320.00 to $296.00 and set a "buy" rating on the stock in a research report on Tuesday, February 10th. Wells Fargo & Company upped their target price on Amazon.com from $305.00 to $307.00 and gave the company an "overweight" rating in a research report on Friday. Rothschild & Co Redburn set a $230.00 target price on Amazon.com in a research report on Wednesday, January 21st. Finally, Maxim Group upped their target price 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 equities research analyst has rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Amazon.com has a consensus rating of "Moderate Buy" and an average price target of $289.21.

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.

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