Senator John Fetterman (Democratic-Pennsylvania) recently bought shares of Amazon.com, Inc. (NASDAQ:AMZN). In a filing disclosed on April 03rd, the Senator disclosed that they had bought between $1,001 and $15,000 in Amazon.com stock on March 30th.
Senator John Fetterman also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 3/30/2026.
- Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 3/30/2026.
- Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/30/2026.
- Purchased $1,001 – $15,000 in shares of Erie Indemnity (NASDAQ:ERIE) on 3/30/2026.
- Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of Erie Indemnity (NASDAQ:ERIE) on 3/27/2026.
Amazon.com Stock Performance
NASDAQ:AMZN traded down $3.51 during trading hours on Tuesday, reaching $209.28. The company had a trading volume of 7,310,544 shares, compared to its average volume of 49,604,031. The firm has a market cap of $2.25 trillion, a price-to-earnings ratio of 29.17, a PEG ratio of 1.57 and a beta of 1.38. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16. The firm’s 50 day moving average price is $213.19 and its 200-day moving average price is $224.13. Amazon.com, Inc. has a 52 week low of $165.29 and a 52 week high of $258.60.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on AMZN shares. Cantor Fitzgerald set a $250.00 price target on shares of Amazon.com and gave the stock an “overweight” rating in a research note on Friday, February 6th. Bank of America decreased their target price on Amazon.com from $303.00 to $286.00 and set a “buy” rating on the stock in a report on Tuesday, January 27th. Telsey Advisory Group reiterated an “outperform” rating and set a $300.00 target price on shares of Amazon.com in a research report on Friday, February 6th. Barclays restated a “buy” rating on shares of Amazon.com in a research report on Monday, March 23rd. Finally, President Capital decreased their price objective on Amazon.com from $320.00 to $296.00 and set a “buy” rating on the stock in a research note on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $286.59.
Get Our Latest Stock Report on AMZN
Insiders Place Their Bets
In related news, CEO Douglas J. Herrington sold 1,000 shares of the business’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $210.50, for a total transaction of $210,500.00. Following the completion of the transaction, the chief executive officer owned 520,361 shares in the company, valued at $109,535,990.50. The trade was a 0.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were 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 $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. In the last quarter, insiders have sold 72,686 shares of company stock valued at $14,899,239. 9.70% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Amazon.com
Institutional investors have recently added to or reduced their stakes in the company. Fairway Wealth LLC grew its stake in shares of Amazon.com by 113.2% in the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after buying an additional 60 shares in the last quarter. Sellwood Investment Partners LLC purchased a new stake in shares of Amazon.com during the 3rd quarter valued at about $27,000. MilWealth Group LLC lifted its holdings in shares of Amazon.com by 79.0% in the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after acquiring an additional 79 shares during the last quarter. Lifetime Wealth Management P.C. purchased a new position in Amazon.com in the fourth quarter worth about $45,000. Finally, Elkhorn Partners Limited Partnership increased its stake in Amazon.com by 900.0% during the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after acquiring an additional 180 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.
Amazon.com News Summary
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: USPS delivery deal preserves scale and reduces logistics disruption risk — Amazon reached an agreement keeping roughly 80% of its current USPS volume, averting a larger logistical shakeup and easing concerns about last-mile costs and capacity. Amazon and U.S. Postal Service Reach Delivery Deal
- Positive Sentiment: AWS partnerships and AI spending support growth thesis — Amazon’s big AI investments and partner moves (including AWS initiatives in healthcare with UnitedHealthcare) reinforce the revenue/capex runway for cloud and AI services, a key upside driver for AMZN. AWS and UnitedHealthcare Take Back-Office to Front-End Approach to Healthcare AI
- Positive Sentiment: Investor narratives around AI and buy-the-dip sentiment boost demand for big tech exposure — Coverage highlighting Amazon’s large AI budget and calls to buy Magnificent Seven names/QQQ are supporting inflows into AMZN and related ETFs. Amazon’s $200 Billion AI Spending Spree Is Lighting the Fuse for Explosive Growth
- Neutral Sentiment: Product/monetization moves (Alexa upgrades, credit-card rollouts, chip/satellite talk) imply longer-term revenue levers but are execution-dependent — these stories support the strategic moat but won’t move near-term financials until scaled. Is Amazon Quietly Redefining Its Moat Through Chips, Credit Cards, and Satellites?
- Neutral Sentiment: Satellite acquisition chatter (Globalstar) trades as speculative M&A upside — could be transformative if it happens, but currently fuels volatility rather than fundamentals. Amazon’s $9 Billion Satellite Play
- Negative Sentiment: Shareholder pressure and community pushback over data-center water and power use raise regulatory and project-risk concerns — canceled projects and investor demands for disclosure could increase costs or delay capacity needed for AI workloads. Amazon Data Center Water Concerns Put ESG In Focus For Investors
- Negative Sentiment: Operational margin pressure for marketplace sellers — Amazon will impose a 3.5% fuel surcharge for fulfillment sellers starting April 17, which could affect seller economics and order volumes in FBA. Amazon Imposes 3.5% Fuel Surcharge as Energy Costs Rise
- Negative Sentiment: Minor insider selling by CEO may add short-term headline noise — disclosed CEO stock sale is small relative to company size but can be picked up by momentum/quant strategies. Insider Selling: Amazon.com CEO Sells Stock
About Senator Fetterman
John Fetterman (Democratic Party) is a member of the U.S. Senate from Pennsylvania. He assumed office on January 3, 2023. His current term ends on January 3, 2029.
Fetterman (Democratic Party) ran for election to the U.S. Senate to represent Pennsylvania. He won in the general election on November 8, 2022.
In his role as lieutenant governor, Fetterman served as president of the Senate. He ran on a joint ticket with the gubernatorial nominee, Tom Wolf (D).
Fetterman was a 2016 Democratic candidate who sought election to the U.S. Senate from Pennsylvania. He was defeated by Katie McGinty in the Democratic primary. He served as mayor of Braddock, Pennsylvania, from 2005 to 2019; he won his first term by one vote.
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.
Further Reading
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