Red Door Wealth Management LLC Buys 5,974 Shares of Amazon.com, Inc. $AMZN

Red Door Wealth Management LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 130,502 shares of the e-commerce giant’s stock after purchasing an additional 5,974 shares during the period. Amazon.com makes up approximately 3.1% of Red Door Wealth Management LLC’s portfolio, making the stock its 8th biggest holding. Red Door Wealth Management LLC’s holdings in Amazon.com were worth $30,123,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Fairway Wealth LLC grew its position in shares of Amazon.com by 113.2% during the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock valued at $25,000 after acquiring an additional 60 shares during the period. Sellwood Investment Partners LLC acquired a new stake in shares of Amazon.com during the 3rd quarter valued at about $27,000. Bridge Generations Wealth Management LLC grew its position in shares of Amazon.com by 2,330.0% during the 3rd quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant’s stock valued at $53,000 after acquiring an additional 233 shares during the period. Cooksen Wealth LLC grew its position in shares of Amazon.com by 23.5% during the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock valued at $54,000 after acquiring an additional 47 shares during the period. Finally, PayPay Securities Corp grew its position in shares of Amazon.com by 62.3% during the 3rd quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant’s stock valued at $55,000 after acquiring an additional 96 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $248.50 on Thursday. The business has a 50 day simple moving average of $212.41 and a two-hundred day simple moving average of $224.70. Amazon.com, Inc. has a 12 month low of $165.29 and a 12 month high of $258.60. The stock has a market capitalization of $2.67 trillion, a P/E ratio of 34.66, a PEG ratio of 1.87 and a beta of 1.38. 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) last announced its 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 analyst estimates of $211.02 billion. During the same period in the previous year, the company earned $1.86 EPS. Amazon.com’s revenue was up 13.6% compared to the same quarter last year. As a group, analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Acquisition accelerates space strategy — Amazon agreed to buy Globalstar (~$11.6B) to bolster its Amazon Leo/Kuiper efforts and enable direct-to-device services (and an Apple tie‑in). The deal is being treated as a long-term strategic catalyst that helped spark the recent rally. Amazon’s $11.6B Globalstar deal (Reuters)
• Positive Sentiment: Wall Street backing and higher targets — Several firms (Citizens, Loop Capital, Rosenblatt, Goldman noted in coverage) have reiterated buys or raised targets citing the Globalstar deal and AWS AI tailwinds, supporting upside vs. current levels. Analyst support after Globalstar (TipRanks)
• Positive Sentiment: AWS & AI monetization angle — Coverage highlights a growing AI-services and custom‑chip opportunity (Fool pieces estimating a potential $50B external chip business), which would materially boost AWS margins and long‑term revenue. Amazon AI chip opportunity (Fool)
• Neutral Sentiment: Notable investor flows & positioning — Heavy call-option activity and bullish pieces (options, analyst bull cases) show elevated positioning ahead of earnings; that can amplify moves in either direction. Options volume ahead of earnings (Barchart)
• Neutral Sentiment: Amazon-backed energy play IPO — X‑Energy, backed by Amazon, filed to raise up to $800M; indirect exposure to Amazon’s broader strategic investments but limited direct near-term impact on AMZN equity. X‑Energy IPO filing (TechCrunch)
• Negative Sentiment: Seller revolt over payout & ad changes — Hundreds of large third‑party sellers staged an ad boycott over new payout and ad-payment policies (and a temporary fuel surcharge), which could pressure marketplace ad revenue and merchant sentiment if it persists. Seller ad boycott (CNBC)
• Negative Sentiment: Legal & safety headlines — A class-action alleging Fire TV slowdown and a reported worker death at an Oregon facility add regulatory, reputational and potential legal risk that can dent sentiment. Fire TV lawsuit (NYPost) Worker death at facility (TechCrunch)

Insider Buying and Selling at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 10,649 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the completion of the transaction, the senior vice president owned 41,190 shares of the company’s stock, valued at $8,461,661.70. This represents a 20.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.18, for a total value of $4,077,336.96. Following the transaction, the chief executive officer directly owned 2,238,118 shares of the company’s stock, valued at $459,217,051.24. The trade was a 0.88% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 72,686 shares of company stock valued at $14,899,239. 9.70% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Scotiabank restated an “outperform” rating and set a $275.00 target price (down from $300.00) on shares of Amazon.com in a research report on Friday, February 6th. Tigress Financial raised their target price on Amazon.com from $305.00 to $315.00 and gave the company a “buy” rating in a research report on Wednesday, March 25th. Guggenheim restated a “buy” rating and set a $300.00 target price on shares of Amazon.com in a research report on Friday, February 6th. Rothschild & Co Redburn set a $230.00 target price on Amazon.com in a research report on Wednesday, January 21st. Finally, Stifel Nicolaus dropped their target price on Amazon.com from $300.00 to $294.00 and set a “buy” rating on the stock in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, fifty-four have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and a consensus price target of $287.29.

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.