Meyer Handelman Co. Buys 9,897 Shares of Amazon.com, Inc. $AMZN

Key Points

• Meyer Handelman Co. increased its stake in Amazon by 2.9%, buying 9,897 shares to hold 347,309 shares valued at about $80,166,000, making AMZN its 9th largest holding (2.5% of the fund).
• Company insiders have been selling recently: CEO Douglas J. Herrington sold 6,835 shares and SVP David Zapolsky sold 10,649 shares, with insiders offloading 72,686 shares (~$14.9M) over the last three months (insiders own 9.7%).
• Positive operational catalysts—AI services with a reported ~$15B run rate, a custom chip business >$20B run rate and a ~$25B data‑center buildout—helped lift the stock (shares up 5.6%), and analysts maintain a consensus Moderate Buy with a $287.39 price target.

Meyer Handelman Co. boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 347,309 shares of the e-commerce giant's stock after buying an additional 9,897 shares during the period. Amazon.com makes up 2.5% of Meyer Handelman Co.'s portfolio, making the stock its 9th largest holding. Meyer Handelman Co.'s holdings in Amazon.com were worth $80,166,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Fairway Wealth LLC lifted its holdings in shares of Amazon.com by 113.2% during the third 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 stake in shares of Amazon.com in the third quarter valued at about $27,000. Bridge Generations Wealth Management LLC grew its position 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 purchasing an additional 233 shares in 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 worth $54,000 after purchasing an additional 47 shares in the last quarter. 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 worth $55,000 after purchasing an additional 96 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Activity

In related news, CEO Douglas J. Herrington sold 6,835 shares of the business's stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $205.82, for a total transaction of $1,406,779.70. Following the transaction, the chief executive officer directly owned 522,361 shares in the company, valued at approximately $107,512,341.02. The trade was a 1.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP David Zapolsky sold 10,649 shares of the business's stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total transaction 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. This trade represents a 20.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 72,686 shares of company stock valued at $14,899,239. 9.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. DA Davidson restated a "neutral" rating and set a $175.00 target price (down from $300.00) on shares of Amazon.com in a research report on Friday, February 6th. DZ Bank raised shares of Amazon.com to a "strong-buy" rating in a research note on Friday, February 6th. UBS Group set a $311.00 target price on shares of Amazon.com in a research note on Tuesday, February 3rd. Moffett Nathanson raised their price target on shares of Amazon.com from $283.00 to $288.00 and gave the stock a "buy" rating in a report on Tuesday. Finally, Monness Crespi & Hardt reduced their price target on shares of Amazon.com from $300.00 to $280.00 and set a "buy" rating for the company in a report on Friday, February 6th. One equities 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 stock. According to data from MarketBeat.com, Amazon.com presently has an average rating of "Moderate Buy" and a consensus price target of $287.39.

Amazon.com News Roundup

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

• Positive Sentiment: CEO Andy Jassy’s shareholder letter disclosed that Amazon’s AI services are generating a multi‑billion dollar run rate (reported at ~$15B), helping soothe investor worries about heavy AI spending and providing revenue proof points for the strategy. Amazon’s Jassy says AI revenue run rate is over $15 Bln
• Positive Sentiment: Amazon says its custom chip business now exceeds a $20B annual revenue run rate and management is signaling it may sell chips to third parties — a potential new high‑margin revenue stream that raises AWS upside and threatens incumbents. Amazon says annual revenue run rate for chips business now over $20 billion
• Positive Sentiment: Amazon announced a major data‑center buildout (reported ~$25B investment in Mississippi), signaling continued AWS capacity expansion to capture AI workloads — a clear long‑term revenue catalyst for cloud. Amazon Stock (AMZN) Pops on $25B Data Center Buildout in Mississippi
• Positive Sentiment: Retail/healthcare execution: Amazon Pharmacy will offer Eli Lilly’s new GLP‑1 pill via same‑day delivery and stock it at kiosks — a commercial partnership that expands pharmacy revenue and same‑day convenience offerings. Amazon to stock Lilly's new weight-loss pill at US kiosks, offer same-day delivery
• Neutral Sentiment: Reports that Amazon is in talks to acquire satellite operator Globalstar surfaced — a deal could accelerate Project Kuiper/LEO ambitions but the strategic fit, price and execution are uncertain. Amazon: Could Globalstar Be the Missing Spark the Stock Needs?
• Negative Sentiment: Large capital spend remains a near‑term concern: Amazon plans heavy 2026 capex (~$200B guidance discussed) and free cash flow has been pressured by elevated P&E spending, which can compress short‑term returns. Amazon CEO Jassy defends $200 billion AI spend
• Negative Sentiment: Operational costs: Amazon is rolling out fuel surcharges (reported ~3.5% on certain fulfillment orders) as fuel costs rise — a potential margin headwind for retail. As Fuel Costs Skyrocket, Amazon Is Adding in New Fuel Surcharges
• Negative Sentiment: Project Kuiper/LEO timeline slipped — Amazon acknowledged its Leo satellite rollout is delayed to mid‑2026, which pushes off potential connectivity revenue and weakens time‑to‑market vs. SpaceX. Amazon Delays Launch of Leo, Its Satellite Network and Starlink Rival
• Negative Sentiment: Reputation/customer friction: Amazon will end support for older Kindle devices, a move that has provoked customer backlash and small reputational risk. Amazon to end support for older Kindle devices

Amazon.com Stock Up 5.6%

Shares of NASDAQ AMZN opened at $233.65 on Friday. The stock has a market capitalization of $2.51 trillion, a P/E ratio of 32.59, a P/E/G ratio of 1.66 and a beta of 1.38. The company has a 50-day moving average price of $211.98 and a 200-day moving average price of $224.05. Amazon.com, Inc. has a 1 year low of $165.29 and a 1 year high of $258.60. 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 (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 (EPS) for the quarter, missing analysts' consensus estimates of $1.97 by ($0.02). The business 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.86 earnings per share. On average, equities research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal 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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