Naviter Wealth LLC Has $14.89 Million Holdings in Amazon.com, Inc. $AMZN

Key Points

• Naviter Wealth LLC trimmed its Amazon position by 14.9% in Q4, selling 11,297 shares and now holding 64,488 shares valued at $14.89 million, making AMZN its 10th‑largest holding (1.9% of its portfolio).
• Amazon’s outlook was pressured upward by a major AI/cloud catalyst — expanding its Anthropic partnership with up to a $25 billion commitment and more than $100 billion of expected Anthropic AWS spend — spurring several analyst price‑target raises and an average target of $288.66 (MarketBeat: Moderate Buy).
• Insiders sold 124,186 shares worth $27.8 million in the last quarter (including a routine 31,000‑share 10b5‑1 sale by CEO Andy Jassy), though insiders still own 10.8% of the company.

Naviter Wealth LLC trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 14.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 64,488 shares of the e-commerce giant's stock after selling 11,297 shares during the quarter. Amazon.com accounts for 1.9% of Naviter Wealth LLC's holdings, making the stock its 10th biggest position. Naviter Wealth LLC's holdings in Amazon.com were worth $14,885,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of AMZN. Vanguard Group Inc. boosted its position in Amazon.com by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant's stock worth $158,348,557,000 after acquiring an additional 8,913,959 shares during the last quarter. State Street Corp boosted its position 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 acquiring an additional 7,584,156 shares during the last quarter. Geode Capital Management LLC boosted its position in Amazon.com by 1.7% during the 2nd quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant's stock worth $47,332,625,000 after acquiring an additional 3,721,658 shares during the last quarter. Norges Bank acquired a new position in Amazon.com during the 2nd quarter worth approximately $27,438,011,000. Finally, Northern Trust Corp boosted its position in Amazon.com by 0.3% during the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant's stock worth $18,527,354,000 after acquiring an additional 302,858 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

More Amazon.com News

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

• Positive Sentiment: Amazon expanded its strategic partnership with Anthropic — committing up to $25B in new investment while Anthropic pledged more than $100B of AWS spend over the next decade, which materially increases long‑term demand for AWS, Trainium chips and AI infrastructure. Amazon to invest up to another $25 billion in Anthropic (CNBC)
• Positive Sentiment: Wall Street turned more bullish: multiple firms (KeyBanc, Bank of America, Cantor Fitzgerald and others) raised price targets and reiterated buy/overweight calls, giving the stock momentum into earnings as analysts point to accelerating AWS/AI monetization. Amazon (AMZN) Stock Target Raised to $325: KeyBanc Sees 30% Upside Ahead (Blockonomi)
• Positive Sentiment: Amazon launched a GLP‑1 weight‑loss program through One Medical and Amazon Pharmacy, a move that expands healthcare revenue channels and could capture recurring prescription and delivery revenue while pressuring competitors’ pricing power. This is diversification beyond retail/cloud. Amazon launches GLP-1 weight loss program (CNBC)
• Neutral Sentiment: CEO Andy Jassy executed a routine insider sale of 31,000 shares under a pre‑arranged 10b5‑1 plan; size is small relative to his holdings and consistent with scheduled diversification rather than a signal of company fundamentals. SEC Form 4: Andy Jassy sale (SEC)
• Neutral Sentiment: Operational/logistics progress: Amazon will deploy 75 electric heavy‑duty trucks with partner Einride for U.S. freight — a modest positive for emissions goals and freight efficiency, but limited near‑term revenue impact. Einride to deploy 75 electric trucks for Amazon (Reuters)
• Negative Sentiment: Legal/regulatory risk resurfaced after California’s AG released documents alleging Amazon pressured brands to raise prices at rivals — renewed antitrust scrutiny could lead to fines, remedies or operational constraints if claims advance. Monitor litigation developments. California accuses Amazon of price‑fixing (Reuters)
• Negative Sentiment: Profitability and capex questions remain: analysts note the Anthropic/AWS deals boost revenue visibility but increase capital and operating intensity — some firms warn the heavy AI investment cycle could pressure near‑term margins and complicate free‑cash‑flow forecasts. Amazon's AI infrastructure push lifts outlook but profitability debate grows (Proactive Investors)

Insider Buying and Selling

In other Amazon.com news, CEO Douglas J. Herrington sold 20,500 shares of the firm's stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $245.00, for a total transaction of $5,022,500.00. Following the completion of the sale, the chief executive officer owned 499,861 shares of the company's stock, valued at $122,465,945. This trade represents a 3.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,695 shares of the firm's stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.90, for a total value 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 SEC filing for this sale provides additional information. Insiders have sold a total of 124,186 shares of company stock worth $27,826,739 in the last quarter. 10.80% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on AMZN. Maxim Group upped their price target on Amazon.com from $280.00 to $290.00 and gave the stock a "buy" rating in a research report on Friday, February 6th. Wolfe Research reduced their price target on Amazon.com from $255.00 to $250.00 and set an "outperform" rating for the company in a research report on Thursday, March 19th. Jefferies Financial Group reaffirmed a "buy" rating on shares of Amazon.com in a research report on Friday, April 10th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Amazon.com in a research report on Friday, March 27th. Finally, Wall Street Zen downgraded Amazon.com from a "buy" rating to a "hold" rating in a research report on Saturday, January 10th. One research analyst has rated the stock with a Strong Buy rating, fifty-four have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Amazon.com has an average rating of "Moderate Buy" and an average target price of $288.66.

Amazon.com Trading Up 0.7%

NASDAQ AMZN opened at $249.91 on Wednesday. The company has a market cap of $2.69 trillion, a PE ratio of 34.85, a PEG ratio of 1.87 and a beta of 1.38. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16. Amazon.com, Inc. has a 12 month low of $169.35 and a 12 month high of $258.60. The stock has a 50 day moving average of $215.41 and a 200-day moving average of $225.54.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.02). The company had revenue of $213.39 billion during 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 company's quarterly revenue was up 13.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.86 EPS. On average, equities research analysts anticipate that Amazon.com, Inc. will post 7.76 EPS for the current fiscal year.

Amazon.com Company 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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