TCV Trust & Wealth Management Inc. Purchases 1,974 Shares of Amazon.com, Inc. $AMZN

Key Points

• TCV Trust & Wealth Management increased its Amazon stake by 2.2% in Q4, buying 1,974 shares to hold 91,267 shares valued at $21,066,000, representing about 1.7% of its portfolio and its 14th largest holding.
• Company insiders have been net sellers recently — SVP David Zapolsky sold 10,649 shares and CEO Andy Jassy sold 31,000 shares; insiders sold 124,186 shares (~$27.8M) over the last three months and now own 8.90% of the stock.
• Wall Street remains broadly positive with a MarketBeat consensus of Moderate Buy and an average target of $289.21, as several firms (e.g., KeyCorp, TD Cowen) have raised price targets.

TCV Trust & Wealth Management Inc. grew its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 91,267 shares of the e-commerce giant's stock after buying an additional 1,974 shares during the period. Amazon.com accounts for approximately 1.7% of TCV Trust & Wealth Management Inc.'s investment portfolio, making the stock its 14th largest holding. TCV Trust & Wealth Management Inc.'s holdings in Amazon.com were worth $21,066,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Lifelong Wealth Advisors Inc. grew its position in shares of Amazon.com by 2.4% during the 4th quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant's stock worth $402,000 after buying an additional 41 shares during the period. Marquette Asset Management LLC raised its position in shares of Amazon.com by 5.1% during the 4th quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant's stock valued at $205,000 after acquiring an additional 43 shares during the last quarter. Western Financial Corp CA lifted its stake in shares of Amazon.com by 1.5% in the 4th quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant's stock valued at $710,000 after purchasing an additional 44 shares during the period. Cadence Wealth Management LLC lifted its stake in shares of Amazon.com by 3.5% in the 3rd quarter. Cadence Wealth Management LLC now owns 1,328 shares of the e-commerce giant's stock valued at $292,000 after purchasing an additional 45 shares during the period. Finally, Union Savings Bank boosted its position in shares of Amazon.com by 0.4% in the 2nd 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. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Down 1.1%

Shares of AMZN stock opened at $261.02 on Tuesday. Amazon.com, Inc. has a 12-month low of $178.85 and a 12-month high of $264.50. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16. The firm has a fifty day moving average of $220.09 and a 200-day moving average of $226.53. The company has a market capitalization of $2.81 trillion, a price-to-earnings ratio of 36.40, a P/E/G ratio of 1.97 and a beta of 1.38.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted 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 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 company's revenue was up 13.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.86 earnings per share. As a group, equities research analysts predict that Amazon.com, Inc. will post 7.74 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In other news, 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 value of $2,187,624.07. Following the sale, the senior vice president directly owned 41,190 shares in the company, valued at $8,461,661.70. The trade was a 20.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 31,000 shares of the company's stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $255.00, for a total value of $7,905,000.00. Following the transaction, the chief executive officer directly owned 2,207,118 shares of the company's stock, valued at $562,815,090. This represents a 1.39% 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 three months, insiders have sold 124,186 shares of company stock worth $27,826,739. 8.90% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on AMZN. TD Cowen reiterated a "buy" rating and issued a $300.00 price objective on shares of Amazon.com in a report on Thursday, April 16th. KeyCorp raised their target price on Amazon.com from $285.00 to $325.00 and gave the stock an "overweight" rating in a report on Monday, April 20th. Arete Research boosted their target price on Amazon.com from $285.00 to $301.00 and gave the stock a "buy" rating in a research report on Thursday, April 23rd. Cantor Fitzgerald upped their price target on Amazon.com from $260.00 to $280.00 and gave the company an "overweight" rating in a research note on Tuesday, April 21st. Finally, Rosenblatt Securities reiterated a "buy" rating and issued a $296.00 price target on shares of Amazon.com in a research report on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, fifty-four have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $289.21.

Amazon.com News Summary

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

• Positive Sentiment: Amazon is scoring multiple AI infrastructure wins — expanding its Anthropic partnership, striking large deals to supply in‑house chips to Meta and scaling AWS AI revenue — reinforcing the view that AWS is reaccelerating growth and driving structural upside. Amazon-Anthropic: Generational AI Partnership
• Positive Sentiment: OpenAI’s move away from exclusive Microsoft access opens the door for Amazon to host more OpenAI workloads on AWS — a potential revenue driver for cloud and AI services. OpenAI ends Microsoft exclusivity
• Positive Sentiment: Amazon’s custom‑chip business is rapidly scaling (analysts compare its size to major chipmakers), creating a new high‑margin growth vector beyond retail and basic cloud compute. Amazon chip business growth
• Positive Sentiment: Content and monetization push — Wondery landed an exclusive multi‑year deal for Oprah’s podcast/video content, supporting Prime/ads revenue diversification. Amazon secures Oprah podcast rights
• Neutral Sentiment: Near‑term volatility risk as Amazon reports Q1 on Apr 29 and the Fed meets this week — options/implied vol suggest traders expect a sizable move around earnings. Options traders expect major move
• Neutral Sentiment: Market backdrop is mixed (rising oil, geopolitical headlines), which could mute broader tech momentum even as AI themes remain supportive. MarketToday: rally stalls
• Negative Sentiment: Rising capital expenditure expectations: commentary and analysis flag FY26 capex plans (~$200B) that could pressure near‑term margins and free cash flow even as they fund AI/cloud scale. Amazon Q1 capex story
• Negative Sentiment: Regulatory/legal risk — California unsealed evidence in a price‑fixing probe that could lead to enforcement action or reputational/legal costs. California price-fixing evidence
• Negative Sentiment: Large recent insider selling and aggressive institutional rebalancing (some big portfolio reductions reported) add to near‑term supply pressure and narrative risk for shares. QuiverQuant AMZN ownership and insider activity

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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