Coquina Private Wealth LLC Takes $3.10 Million Position in Amazon.com, Inc. $AMZN

Key Points

• Coquina Private Wealth LLC opened a new position in Amazon during the fourth quarter, buying 13,436 shares worth about $3.1 million. Amazon now makes up 2.5% of the firm’s portfolio and is its eighth-largest holding.
• Other large institutions also continued to add to Amazon, and hedge funds/asset managers now own 72.20% of the stock, underscoring broad institutional interest.
• Wall Street sentiment remains positive: analysts have a Moderate Buy consensus on AMZN with an average price target of $312.52, while Amazon’s latest earnings beat expectations with stronger-than-expected revenue and EPS growth.

Coquina Private Wealth LLC purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 13,436 shares of the e-commerce giant's stock, valued at approximately $3,101,000. Amazon.com accounts for 2.5% of Coquina Private Wealth LLC's investment portfolio, making the stock its 8th biggest position.

A number of other large investors also recently made changes to their positions in AMZN. Vanguard Group Inc. increased its position in shares of Amazon.com by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant's stock valued at $158,348,557,000 after buying an additional 8,913,959 shares in the last quarter. State Street Corp increased its holdings in Amazon.com by 2.0% during the 3rd quarter. State Street Corp now owns 381,681,441 shares of the e-commerce giant's stock worth $83,805,794,000 after purchasing an additional 7,584,156 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Amazon.com by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant's stock valued at $47,332,625,000 after acquiring an additional 3,721,658 shares in the last quarter. Norges Bank bought a new position in shares of Amazon.com in the 2nd quarter valued at about $27,438,011,000. Finally, Northern Trust Corp grew its holdings in shares of Amazon.com by 0.3% in the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant's stock valued at $18,527,354,000 after acquiring an additional 302,858 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on AMZN shares. Argus reiterated a "buy" rating and set a $325.00 price target on shares of Amazon.com in a report on Friday, February 6th. Deutsche Bank Aktiengesellschaft upped their target price on Amazon.com from $290.00 to $315.00 and gave the stock a "buy" rating in a research note on Thursday, April 30th. Wedbush lowered their price target on shares of Amazon.com from $340.00 to $300.00 and set an "outperform" rating for the company in a report on Friday, February 6th. Rothschild & Co Redburn set a $230.00 price objective on Amazon.com in a report on Wednesday, January 21st. Finally, Evercore increased their price objective on Amazon.com from $285.00 to $315.00 and gave the company an "outperform" rating in a report on Thursday, April 30th. Fifty-seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $312.52.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Wall Street analysts raised earnings expectations and price targets, citing strong grocery delivery and AWS/cloud growth. Amazon (AMZN) Stock: Wall Street Analysts Raise Targets on Grocery Delivery and Cloud Expansion
• Positive Sentiment: Amazon continues to lean into AI, including a shift toward an AI-powered Alexa shopping assistant and broader agentic commerce ambitions, which supports the growth narrative. Amazon Unveils AI Search Overhaul To Defend Online Shopping Dominance
• Positive Sentiment: Technical coverage noted Amazon remains above a key breakout level, suggesting the stock’s chart trend is still constructive. Amazon Holds Breakout Above $252
• Positive Sentiment: Investor interest remains strong, with reports highlighting bullish commentary from prominent funds and analysts, plus added attention from high-profile holders. Trump went big on tech stocks in first quarter of 2026, new filings show
• Neutral Sentiment: Amazon remains a major focus of market commentary because of its AI spending, cloud expansion, and growing role in digital advertising, but these articles are mostly thematic rather than immediate stock-moving catalysts.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 10,649 shares of the business's stock in a transaction dated 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 in the company, valued at approximately $8,461,661.70. The trade was a 20.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 31,352 shares of the business's stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $275.00, for a total transaction of $8,621,800.00. Following the transaction, the chief executive officer owned 2,175,766 shares in the company, valued at $598,335,650. This represents a 1.42% 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 sold 190,593 shares of company stock valued at $46,081,241. Company insiders own 8.90% of the company's stock.

Amazon.com Price Performance

Amazon.com stock opened at $264.14 on Monday. The firm has a 50 day simple moving average of $234.47 and a 200 day simple moving average of $230.69. The firm has a market capitalization of $2.84 trillion, a price-to-earnings ratio of 31.60, a P/E/G ratio of 1.98 and a beta of 1.46. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $278.56.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, beating analysts' consensus estimates of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The firm had revenue of $181.52 billion during the quarter, compared to analyst estimates of $177.28 billion. During the same period in the previous year, the business earned $1.59 EPS. The business's revenue for the quarter was up 16.6% on a year-over-year basis. On average, analysts predict that Amazon.com, Inc. will post 7.71 earnings per share for the current 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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