Formidable Asset Management LLC Buys 3,328 Shares of Amazon.com, Inc. $AMZN

Key Points

• Formidable Asset Management LLC increased its Amazon stake by 9.2%, buying 3,328 shares to own 39,308 shares worth $8,631,000, making AMZN its 10th-largest holding.
• Significant insider selling: CEO Andy Jassy sold 19,872 shares and SVP David Zapolsky sold 10,649 shares, with insiders offloading 72,686 shares worth $14.9 million over the past three months.
• Positive AI/cloud catalysts: Amazon disclosed AWS AI revenue run‑rate >$15B and a chips business run‑rate >$20B (>$50B potential) alongside a ~$25B data‑center buildout, prompting analysts to grow more constructive and a consensus "Moderate Buy" target of $287.39.

Formidable Asset Management LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 9.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 39,308 shares of the e-commerce giant's stock after purchasing an additional 3,328 shares during the quarter. Amazon.com comprises 1.3% of Formidable Asset Management LLC's portfolio, making the stock its 10th largest position. Formidable Asset Management LLC's holdings in Amazon.com were worth $8,631,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insider Transactions at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.18, for a total transaction of $4,077,336.96. Following the completion of the sale, the chief executive officer owned 2,238,118 shares in the company, valued at approximately $459,217,051.24. This represents a 0.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP David Zapolsky sold 10,649 shares of the stock in a transaction 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 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 position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 72,686 shares of company stock valued at $14,899,239 over the last three months. 10.80% of the stock is owned by company insiders.

Amazon.com News Roundup

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

• Positive Sentiment: CEO Andy Jassy disclosed AWS AI revenue and a booming custom‑chip business (>$15B AI revenue run‑rate; >$20B chip run‑rate with $50B potential), which validates large AI investments and re‑positions Amazon as a cloud/AI growth leader. Amazon says annual revenue run rate for chips business now over $20 billion
• Positive Sentiment: Amazon announced a major data‑center buildout (reported ~$25B) to support AWS and AI demand — a longer‑term revenue and scale catalyst for cloud and chip adoption. Amazon Stock (AMZN) Pops on $25B Data Center Buildout in Mississippi
• Positive Sentiment: Analysts turned more constructive after the letter; Jefferies and other firms reiterated/raised ratings and price targets, supporting upside momentum. Amazon CEO Andy Jassy's shareholder letter boosts analyst confidence in AI trajectory
• Neutral Sentiment: Macro tailwinds (ceasefire headlines and a broader risk‑on move) have buoyed large-cap tech, helping AMZN rally alongside other AI beneficiaries. Dow Jones Futures: Iran Talks, Earnings In Focus; Google, Amazon, Nvidia In Buy Areas
• Neutral Sentiment: Retail/healthcare execution news — Amazon Pharmacy will offer Eli Lilly’s new GLP‑1 pill via same‑day delivery and kiosks, expanding high‑margin pharmacy volume but with modest near‑term margin impact. Amazon to stock Lilly's new weight-loss pill at US kiosks, offer same-day delivery
• Negative Sentiment: Amazon is adding a temporary fuel surcharge on some fulfillment orders — a signal of rising logistics costs that could pressure retail margins or customer behavior. As Fuel Costs Skyrocket, Amazon Is Adding in New Fuel Surcharges. What Does That Mean for AMZN Stock?
• Negative Sentiment: Heavy, ongoing capital spending has dented free cash flow (reported fall from ~$38B to ~$11B as capex surged), which keeps scrutiny on near‑term returns despite long‑term opportunity. Amazon CEO Andy Jassy defends AI investment plan in annual letter to shareholders
• Negative Sentiment: Insider activity and other data show sustained insider selling and active analyst attention — a mixed signal that some insiders are harvesting gains even as the street raises targets. QQQ is up 0.4% today, on AMZN stock price movement

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on AMZN. Zacks Research lowered Amazon.com from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 1st. New Street Research decreased their price objective on Amazon.com from $285.00 to $280.00 and set a "buy" rating for the company in a report on Monday, March 30th. Weiss Ratings reissued a "buy (b)" rating on shares of Amazon.com in a report on Friday, March 27th. Needham & Company LLC reissued a "buy" rating and issued a $265.00 price objective on shares of Amazon.com in a report on Tuesday, March 17th. Finally, DZ Bank raised Amazon.com to a "strong-buy" rating in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $287.39.

Amazon.com Stock Performance

AMZN opened at $238.38 on Monday. The company has a market capitalization of $2.56 trillion, a price-to-earnings ratio of 33.25, a price-to-earnings-growth ratio of 1.79 and a beta of 1.38. 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, Inc. has a 1-year low of $165.29 and a 1-year high of $258.60. The business has a 50 day moving average price of $211.96 and a two-hundred day moving average price of $224.18.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its 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). The firm had revenue of $213.39 billion during the quarter, compared to analyst estimates of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The business's revenue for the quarter was up 13.6% on a year-over-year basis. During the same quarter last year, the company earned $1.86 earnings per share. Research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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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