Sterneck Capital Management LLC Has $4.99 Million Holdings in Amazon.com, Inc. $AMZN

Key Points

• Sterneck Capital Management trimmed its Amazon stake by 9.7% in Q4 to 21,633 shares worth $4.993 million, representing 2.2% of the fund and its 14th largest holding.
• Company insiders have been selling recently—Douglas J. Herrington sold 20,500 shares and Matthew S. Garman sold 17,751 shares—total insider sales of 124,186 shares (~$27.8M) over the last three months, with insiders owning 9.7% of the stock.
• Positive catalysts include a multibillion‑dollar AWS deal with Meta (Graviton5) and an expanded Anthropic $5B partnership, while analysts have raised price targets (consensus "Moderate Buy", $289.21) and upcoming Q1 earnings could drive short‑term volatility.

Sterneck Capital Management LLC lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 9.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,633 shares of the e-commerce giant's stock after selling 2,329 shares during the period. Amazon.com comprises 2.2% of Sterneck Capital Management LLC's holdings, making the stock its 14th biggest holding. Sterneck Capital Management LLC's holdings in Amazon.com were worth $4,993,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Brighton Jones LLC lifted its stake in Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock valued at $885,478,000 after purchasing an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Amazon.com by 4.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock worth $5,495,000 after buying an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG grew its stake in shares of Amazon.com by 2.8% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock worth $442,481,000 after buying an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE increased its holdings in shares of Amazon.com by 5.5% during the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock worth $6,357,000 after buying an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC acquired a new position in shares of Amazon.com during the fourth quarter worth $2,153,000. Institutional investors own 72.20% of the company's stock.

Amazon.com Trading Up 3.5%

AMZN opened at $263.99 on Friday. Amazon.com, Inc. has a twelve month low of $178.85 and a twelve month high of $264.50. The company has a fifty day moving average of $218.84 and a 200-day moving average of $226.25. The stock has a market cap of $2.84 trillion, a PE ratio of 36.82, a price-to-earnings-growth ratio of 1.90 and a beta of 1.38. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing analysts' consensus estimates of $1.97 by ($0.02). Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The firm had revenue of $213.39 billion for the quarter, compared to the consensus estimate of $211.02 billion. During the same period last year, the company posted $1.86 EPS. The business's revenue was up 13.6% compared to the same quarter last year. On average, sell-side analysts predict that Amazon.com, Inc. will post 7.74 EPS for the current year.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 20,500 shares of the company's stock in a transaction dated 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 sale, the chief executive officer owned 499,861 shares in the company, valued at $122,465,945. This represents a 3.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 17,751 shares of the firm's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.22, for a total value of $3,642,860.22. Following the sale, the chief executive officer directly owned 9,405 shares of the company's stock, valued at $1,930,094.10. This represents a 65.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 124,186 shares of company stock worth $27,826,739 over the last three months. Insiders own 9.70% of the company's stock.

More Amazon.com News

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

• Positive Sentiment: Major customer win for AWS custom chips — Meta signed a multiyear deal to deploy "tens of millions" of AWS Graviton5 cores for agentic AI workloads, a multibillion‑dollar contract that directly boosts AWS chip revenue and validates Amazon’s custom silicon strategy. Meta strikes deal with Amazon's cloud unit
• Positive Sentiment: Analysts lifting targets and reaffirming buys — Multiple firms have raised price targets and reiterated buy/overweight ratings, signaling stronger sell‑side conviction ahead of earnings and supporting the rally. Top Analysts Raise Amazon Stock (AMZN) Price Targets
• Positive Sentiment: Expanded Anthropic partnership locks long‑term AWS demand — Coverage highlights a bigger Anthropic commitment (and recent $5B deal), which implies sustained, high‑margin cloud revenue but also sizable compute and capex commitments from Amazon. Amazon and Anthropic $5 Billion Deal
• Positive Sentiment: Amazon‑backed X‑Energy IPO rally highlights ecosystem wins — The strong debut of X‑Energy (an Amazon‑backed SMR startup) underscores investor appetite for companies tied to AI power/data‑center infrastructure and reflects Amazon’s strategic ecosystem bets. X‑Energy Nasdaq Debut
• Neutral Sentiment: Upcoming Q1 earnings (Apr 29) are a short‑term volatility trigger — Consensus expects follow‑through on AWS strength, so results and margin/capex commentary will drive next moves. Earnings Preview: Expected Move
• Neutral Sentiment: Operational changes and selective layoffs/role renames (e.g., "builder" titles) could modestly affect culture and execution but are not immediate share‑price drivers. Amazon replaces job titles
• Negative Sentiment: Insider selling by CEO — Recent disclosure shows CEO stock sales (~$7.9M), which can create short‑term investor concern over insider timing even if routine. CEO Insider Selling
• Negative Sentiment: Legal/regulatory risk — California AG alleges Amazon pressured vendors on pricing in unsealed filings, a potential multi‑jurisdictional legal overhang that could create headline risk and fines. California price‑fixing allegations

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on AMZN shares. Raymond James Financial cut their price objective on Amazon.com from $260.00 to $225.00 and set an "outperform" rating on the stock in a report on Friday, February 6th. Argus reaffirmed a "buy" rating and issued a $325.00 target price on shares of Amazon.com in a report on Friday, February 6th. Citigroup increased their target price on Amazon.com from $265.00 to $285.00 and gave the company a "buy" rating in a research report on Wednesday, March 25th. Oppenheimer lifted their price target on Amazon.com from $260.00 to $275.00 and gave the company an "outperform" rating in a research note on Friday. Finally, BMO Capital Markets boosted their price target on Amazon.com from $310.00 to $315.00 and gave the stock an "outperform" rating in a report on Thursday. One investment 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's stock. According to data from MarketBeat.com, Amazon.com currently has an average rating of "Moderate Buy" and a consensus price target of $289.21.

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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