PFG Private Wealth Management LLC Reduces Stock Position in Amazon.com, Inc. $AMZN

Key Points

• PFG Private Wealth Management LLC cut its Amazon stake by 71.9% in Q4, selling 5,509 shares and leaving 2,149 shares valued at about $496,000.
• Amazon has major AI/cloud catalysts — management disclosed AWS AI revenue >$15B and a custom‑chip run‑rate >$20B plus a reported ~$25B data‑center buildout — and analysts maintain a consensus Moderate Buy with a $287.39 price target.
• Near‑term risks include heavy capital spending that has dented free cash flow, the introduction of fuel surcharges that could pressure retail margins, and notable insider selling (72,686 shares sold in the past 90 days), signaling mixed near‑term outlooks.

PFG Private Wealth Management LLC lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 71.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,149 shares of the e-commerce giant's stock after selling 5,509 shares during the quarter. PFG Private Wealth Management LLC's holdings in Amazon.com were worth $496,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Lifelong Wealth Advisors Inc. boosted its holdings in Amazon.com by 2.4% in the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant's stock worth $402,000 after purchasing an additional 41 shares during the last quarter. IMPACTfolio LLC boosted its holdings in Amazon.com by 3.8% in the third quarter. IMPACTfolio LLC now owns 1,225 shares of the e-commerce giant's stock worth $269,000 after purchasing an additional 45 shares during the last quarter. Cadence Wealth Management LLC boosted its holdings in Amazon.com by 3.5% in the third quarter. Cadence Wealth Management LLC now owns 1,328 shares of the e-commerce giant's stock worth $292,000 after purchasing an additional 45 shares during the last quarter. Union Savings Bank boosted its holdings in Amazon.com by 0.4% in the second quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant's stock worth $2,510,000 after purchasing an additional 45 shares during the last quarter. Finally, Doheny Asset Management CA raised its position in Amazon.com by 0.3% in the second quarter. Doheny Asset Management CA now owns 17,821 shares of the e-commerce giant's stock worth $3,910,000 after acquiring an additional 45 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. William Blair reiterated an "outperform" rating on shares of Amazon.com in a research report on Thursday. Argus reiterated a "buy" rating and issued a $325.00 price target on shares of Amazon.com in a research report on Friday, February 6th. Oppenheimer set a $260.00 price target on shares of Amazon.com and gave the stock an "outperform" rating in a research report on Friday, February 6th. Needham & Company LLC reiterated a "buy" rating and issued a $265.00 price target on shares of Amazon.com in a research report on Tuesday, March 17th. Finally, DA Davidson reiterated a "neutral" rating and issued a $175.00 price target (down from $300.00) on shares of Amazon.com in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $287.39.

Amazon.com News Summary

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

Insider Activity

In other news, CEO Matthew S. Garman sold 17,751 shares of the firm's stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the sale, the chief executive officer directly owned 9,405 shares in the company, valued at $1,930,094.10. This trade represents a 65.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 1,000 shares of the firm's stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $210.50, for a total transaction of $210,500.00. Following the sale, the chief executive officer owned 520,361 shares in the company, valued at $109,535,990.50. The trade was a 0.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 72,686 shares of company stock worth $14,899,239. 9.70% of the stock is currently owned by insiders.

Amazon.com Stock Up 2.0%

Shares of AMZN stock opened at $238.38 on Friday. The company has a market capitalization of $2.56 trillion, a price-to-earnings ratio of 33.25, a PEG ratio of 1.75 and a beta of 1.38. Amazon.com, Inc. has a one year low of $165.29 and a one year high of $258.60. The company's fifty day moving average price is $211.96 and its 200-day moving average price is $224.13. 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 announced 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 firm had revenue of $213.39 billion for the quarter, compared to the consensus estimate of $211.02 billion. Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The firm's revenue for the quarter was up 13.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.86 earnings per share. Sell-side analysts expect 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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