WESPAC Advisors SoCal LLC increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 54,294 shares of the e-commerce giant’s stock after purchasing an additional 2,416 shares during the quarter. Amazon.com accounts for 2.5% of WESPAC Advisors SoCal LLC’s holdings, making the stock its 8th biggest position. WESPAC Advisors SoCal LLC’s holdings in Amazon.com were worth $12,532,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Amazon.com during the second quarter worth $27,438,011,000. Nuveen LLC acquired a new position in Amazon.com in the 1st quarter worth $11,674,091,000. Vanguard Group Inc. increased its holdings in Amazon.com by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock worth $186,420,422,000 after purchasing an additional 17,447,045 shares in the last quarter. Laurel Wealth Advisors LLC increased its holdings in Amazon.com by 22,085.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant’s stock worth $2,671,634,000 after purchasing an additional 12,122,668 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of Amazon.com by 21.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after purchasing an additional 10,176,835 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Amazon.com Stock Up 2.3%
AMZN stock opened at $210.17 on Tuesday. The company has a market cap of $2.26 trillion, a price-to-earnings ratio of 29.31, a P/E/G ratio of 1.54 and a beta of 1.40. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The business has a 50 day moving average price of $219.04 and a two-hundred day moving average price of $225.86. 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 News Summary
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Analyst endorsements and $300 price targets (TD Cowen, Barclays) are boosting investor confidence in AMZN’s AI/cloud upside — these notes pushed pre-market momentum recently. Amazon (AMZN) Stock Soars 3% Following Dual $300 Price Target Endorsements
- Positive Sentiment: Evidence of an AI-led reacceleration at AWS — large deals (OpenAI partnership, expanded NVIDIA GPU deployments) and rising AWS guidance are shifting the investment case toward higher‑margin cloud, advertising, and content businesses. Is Surging AI-Driven AWS Demand Altering The Investment Case For Amazon.com (AMZN)?
- Positive Sentiment: Box-office success for Amazon MGM’s Project Hail Mary strengthens Amazon’s media/content revenue narrative and demonstrates Prime/Studio upside outside retail. Ryan Gosling’s ‘Project Hail Mary’ Smashes Records For Amazon Prime Video
- Neutral Sentiment: Jefferies and other analysts argue shares look undervalued long term despite near-term AI capex concerns — supportive for investors with a multi-year horizon but less helpful for short-term traders. Amazon seen as undervalued despite AI capex concerns: Jefferies
- Neutral Sentiment: Reports Jeff Bezos is exploring a large ($100B-level) AI/manufacturing fund — big strategic implication but uncertain timing and impact on Amazon’s balance sheet and management attention. Jeff Bezos Reportedly Seeks $100 Billion To Supercharge AI-Driven Automation
- Negative Sentiment: Immediate AWS outage risk: Amazon said its AWS Bahrain region was “disrupted” after drone activity tied to Middle East conflict; customers are migrating workloads and some services in the region have been hit — this creates operational risk headlines and potential short-term revenue/availability concerns. Exclusive: Amazon says AWS’s Bahrain region ‘disrupted’ following drone activity
- Negative Sentiment: Logistics/partner risks: reports that Amazon’s negotiations with USPS are troubled and UPS is cutting Amazon deliveries could raise costs or delivery friction if contracts worsen. Amazon and USPS Negotiations Are Crumbling. Will This Hurt the eCommerce Giant’s Stock?
- Negative Sentiment: Heavy near-term AI capex and a planned multi-year build-out raise concerns about returns and the potential for a “value trap” if investments don’t translate to higher margins soon. Critical commentary and cautionary analyst pieces are pressuring sentiment. Here’s Why Amazon’s Biggest Bet in 2026 Could Backfire on Shareholders
Analyst Ratings Changes
Several research analysts have recently weighed in on AMZN shares. Needham & Company LLC reaffirmed a “buy” rating and set a $265.00 price objective on shares of Amazon.com in a research report on Tuesday, March 17th. Morgan Stanley reissued an “overweight” rating and issued a $300.00 target price (down from $315.00) on shares of Amazon.com in a research report on Friday, February 6th. Guggenheim restated a “buy” rating and issued a $300.00 target price on shares of Amazon.com in a research note on Friday, February 6th. Citizens Jmp upped their price target on Amazon.com from $300.00 to $315.00 and gave the stock an “outperform” rating in a research report on Monday, February 2nd. Finally, Argus reaffirmed a “buy” rating and set a $325.00 price target on shares of Amazon.com in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $286.57.
Get Our Latest Stock Analysis on Amazon.com
Insider Activity
In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction 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 completion of the sale, the chief executive officer owned 2,238,118 shares in the company, valued at $459,217,051.24. This trade represents a 0.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP David Zapolsky sold 10,649 shares of Amazon.com stock in a transaction dated Tuesday, February 24th. The shares were 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 directly owned 41,190 shares of the company’s stock, valued at approximately $8,461,661.70. This trade represents a 20.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 71,686 shares of company stock valued at $14,688,739. 9.70% of the stock is owned by corporate insiders.
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.
Further Reading
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