Amazon.com, Inc. $AMZN is Synergy Asset Management LLC’s 8th Largest Position

Synergy Asset Management LLC cut its position in Amazon.com, Inc. (NASDAQ:AMZN) by 43.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 146,497 shares of the e-commerce giant’s stock after selling 111,261 shares during the quarter. Amazon.com comprises about 3.5% of Synergy Asset Management LLC’s holdings, making the stock its 8th largest position. Synergy Asset Management LLC’s holdings in Amazon.com were worth $33,814,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in AMZN. Lifelong Wealth Advisors Inc. lifted its holdings in Amazon.com by 2.4% during the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock valued at $402,000 after purchasing an additional 41 shares during the last quarter. IMPACTfolio LLC increased its stake in shares of Amazon.com by 3.8% in the third quarter. IMPACTfolio LLC now owns 1,225 shares of the e-commerce giant’s stock worth $269,000 after purchasing an additional 45 shares in the last quarter. Cadence Wealth Management LLC increased its stake in shares of Amazon.com by 3.5% in the third quarter. Cadence Wealth Management LLC now owns 1,328 shares of the e-commerce giant’s stock worth $292,000 after purchasing an additional 45 shares in the last quarter. Union Savings Bank raised its position in shares of Amazon.com by 0.4% in the second quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant’s stock valued at $2,510,000 after purchasing an additional 45 shares during the period. Finally, Doheny Asset Management CA raised its position in shares of Amazon.com by 0.3% in the second quarter. Doheny Asset Management CA now owns 17,821 shares of the e-commerce giant’s stock valued at $3,910,000 after purchasing an additional 45 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Reports that Amazon is in talks to acquire Globalstar for roughly $9 billion — a deal that would accelerate Project Kuiper and strengthen Amazon’s ability to compete with SpaceX’s Starlink — pushed momentum in related space stocks and supports a longer‑term connectivity growth narrative. Read More.
• Positive Sentiment: Wells Fargo nudged its price target slightly higher to $305 and reiterated an overweight view, highlighting AWS acceleration and improving free‑cash‑flow prospects — a modest vote of confidence from the Street. Read More.
• Neutral Sentiment: Market commentary continues to emphasize AWS as the core long‑term driver for AMZN (AI/cloud infrastructure exposure), keeping longer‑term investor conviction intact even as the stock digests short‑term noise. Read More.
• Negative Sentiment: Amazon told U.S. and Canadian third‑party sellers it will add a 3.5% “fuel and logistics” surcharge to fulfillment fees starting April 17 to offset higher transportation costs driven by the Iran war — a move that could squeeze seller economics, trigger higher prices for consumers, and create seller pushback that weighs on GMV. Read More.
• Negative Sentiment: The NLRB ruled Amazon must negotiate with a union representing ~5,000 Staten Island warehouse workers — a reminder that labor and unionization risks could increase operating costs and create local disruptions. Read More.
• Negative Sentiment: Reports that an Iranian strike damaged an AWS data center in Bahrain add geopolitical and operational risk for Amazon’s cloud business; investors may demand clarity on outages, redundancy and potential costs. Read More.

Amazon.com Stock Down 0.4%

AMZN opened at $209.77 on Friday. The firm has a market capitalization of $2.25 trillion, a P/E ratio of 29.26, a price-to-earnings-growth ratio of 1.58 and a beta of 1.38. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60. The company has a fifty day moving average price of $214.29 and a 200-day moving average price of $224.53. 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 issued its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). The business had revenue of $213.39 billion during the quarter, compared to analysts’ expectations of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The company’s quarterly revenue was up 13.6% on a year-over-year basis. During the same quarter last year, the business posted $1.86 EPS. Equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on AMZN. Wells Fargo & Company raised their price objective on shares of Amazon.com from $304.00 to $305.00 and gave the stock an “overweight” rating in a report on Thursday. Citizens Jmp boosted their target price on shares of Amazon.com from $300.00 to $315.00 and gave the company an “outperform” rating in a report on Monday, February 2nd. Rosenblatt Securities dropped their target price on Amazon.com from $305.00 to $296.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Monness Crespi & Hardt cut their price target on Amazon.com from $300.00 to $280.00 and set a “buy” rating for the company in a report on Friday, February 6th. Finally, The Goldman Sachs Group boosted their price objective on Amazon.com from $290.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $286.59.

Insiders Place Their Bets

In other news, CEO Matthew S. Garman sold 17,751 shares of Amazon.com stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the completion of the sale, the chief executive officer owned 9,405 shares in the company, valued at approximately $1,930,094.10. This trade represents a 65.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, 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 transaction, the senior vice president directly owned 41,190 shares of the company’s stock, valued at $8,461,661.70. The trade was a 20.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 71,686 shares of company stock worth $14,688,739. 9.70% of the stock is owned by corporate insiders.

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.