Sax Wealth Advisors LLC Has $9.04 Million Position in Amazon.com, Inc. $AMZN

Sax Wealth Advisors LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 39,163 shares of the e-commerce giant’s stock after acquiring an additional 2,858 shares during the period. Sax Wealth Advisors LLC’s holdings in Amazon.com were worth $9,040,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Fairway Wealth LLC increased its stake in shares of Amazon.com by 113.2% in the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after acquiring an additional 60 shares during the last quarter. Sellwood Investment Partners LLC purchased a new stake in shares of Amazon.com during the third quarter worth $27,000. Bridge Generations Wealth Management LLC boosted its position in Amazon.com by 2,330.0% during the third quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant’s stock valued at $53,000 after purchasing an additional 233 shares during the last quarter. Cooksen Wealth LLC boosted its position in Amazon.com by 23.5% during the second quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock valued at $54,000 after purchasing an additional 47 shares during the last quarter. Finally, PayPay Securities Corp grew its stake in Amazon.com by 62.3% in the third quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant’s stock valued at $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.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on AMZN. Citigroup upped their target price on Amazon.com from $265.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. UBS Group set a $311.00 price target on Amazon.com in a research note on Tuesday, February 3rd. Argus restated a “buy” rating and issued a $325.00 price objective on shares of Amazon.com in a report on Friday, February 6th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $300.00 price objective on shares of Amazon.com in a research report on Friday, February 6th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $300.00 target price (down from $315.00) on shares of Amazon.com in a research note 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 company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $286.57.

Amazon.com News Roundup

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

• Positive Sentiment: Delta selects Amazon Leo to provide faster in‑flight Wi‑Fi on 500 aircraft starting in 2028 — a material commercial win for Amazon’s nascent LEO satellite unit that strengthens its challenge to SpaceX/Starlink and helps monetize Leo hardware and connectivity services. Amazon, Delta team up for in-flight Wi-Fi (Reuters)
• Positive Sentiment: “Project Hail Mary” becomes Amazon MGM’s biggest box‑office hit, signaling stronger content returns for Prime Video/studio investments and supporting long‑term media monetization. ‘Project Hail Mary’ is the box office proof point Amazon MGM (CNBC)
• Positive Sentiment: Amazon announced new Prime Business and Amazon Business credit cards (issued by U.S. Bank/Mastercard) aimed at SMBs — a recurring‑revenue fintech push that can increase payments volume, data insights and margins over time. New Prime Business & Amazon Business credit cards (Business Wire)
• Positive Sentiment: Analyst bullishness picked up: Tigress reiterated Buy and lifted its $315 target citing AI‑driven margin upside; Citi also raised its target (to $285). Upgrades boost sentiment and set upside references for investors. AMZN upgraded on AI-driven growth (InsiderMonkey) Citi raises target for AMZN (InsiderMonkey)
• Neutral Sentiment: Amazon secured a court order limiting Perplexity’s scraping of its site — this protects Amazon’s shopping data and ad ecosystem but may spur further legal and policy battles with AI search firms. Amazon court win vs Perplexity (Yahoo Finance)
• Neutral Sentiment: Amazon reached a settlement tied to Teamsters’ charges alleging retaliation during strikes — removes an immediate legal overhang but keeps labor relations and unionization risks visible to investors. Amazon settles Teamsters case (CNBC)
• Neutral Sentiment: AWS momentum continues with TGS choosing AWS and Amazon buying 1,300 acres near the Columbia River for potential data‑center expansion — supports long‑term cloud demand, but implies ongoing heavy capex. TGS selects AWS (Yahoo Finance) Amazon buys land for possible data center (GeekWire)
• Negative Sentiment: Fresh senior exits from Amazon’s AI/chip group raise operational risk for its in‑house silicon roadmap and could slow time‑to‑market for custom accelerators — a near‑term negative for AI cost structure expectations. Amazon chip division exec exit (Yahoo Finance)
• Negative Sentiment: Market worries persist around AI capex and valuation (AMZN down YTD vs analyst upside scenarios), keeping downside risk if macro/energy pressures force slower spending or guidance revisions. AMZN stock down YTD; analyst outlook (Blockonomi)

Insider Buying and Selling

In other news, CEO Douglas J. Herrington sold 6,835 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.82, for a total value of $1,406,779.70. Following the completion of the sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.18, for a total transaction of $4,077,336.96. Following the sale, the chief executive officer directly owned 2,238,118 shares of the company’s stock, valued at approximately $459,217,051.24. This represents a 0.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 71,686 shares of company stock valued at $14,688,739. 10.80% of the stock is owned by corporate insiders.

Amazon.com Stock Performance

Shares of NASDAQ AMZN opened at $208.04 on Wednesday. The business’s 50-day simple moving average is $215.20 and its 200-day simple moving average is $224.73. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The firm has a market cap of $2.23 trillion, a price-to-earnings ratio of 29.02, a P/E/G ratio of 1.51 and a beta of 1.40.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share 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 return on equity of 21.87% and a net margin of 10.83%.The firm’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.86 earnings per share. As a group, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share 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.