Amazon.com, Inc. $AMZN is Tritonpoint Wealth LLC’s 5th Largest Position

Tritonpoint Wealth LLC reduced its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 6.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 164,509 shares of the e-commerce giant’s stock after selling 11,324 shares during the period. Amazon.com accounts for 3.9% of Tritonpoint Wealth LLC’s portfolio, making the stock its 5th biggest position. Tritonpoint Wealth LLC’s holdings in Amazon.com were worth $37,972,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in AMZN. Fairway Wealth LLC boosted its stake 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 buying an additional 60 shares during the last quarter. Sellwood Investment Partners LLC purchased a new position in shares of Amazon.com during the 3rd quarter valued at approximately $27,000. Bridge Generations Wealth Management LLC boosted its stake 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 buying an additional 233 shares during the last quarter. Cooksen Wealth LLC boosted its stake 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 buying an additional 47 shares during the last quarter. Finally, PayPay Securities Corp boosted its stake 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 buying an additional 96 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

Shares of AMZN opened at $249.04 on Wednesday. The business’s fifty day moving average price is $212.10 and its 200 day moving average price is $224.54. 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 $2.68 trillion, a PE ratio of 34.73, a price-to-earnings-growth ratio of 1.80 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 quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.97 by ($0.02). The firm had revenue of $213.39 billion for the quarter, compared to the consensus estimate of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The business’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same quarter last year, the business earned $1.86 earnings per share. Equities research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on AMZN. President Capital reduced their target price on Amazon.com from $320.00 to $296.00 and set a “buy” rating for the company in a research note on Tuesday, February 10th. Maxim Group increased their target price on Amazon.com from $280.00 to $290.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Citigroup increased their target price on Amazon.com from $265.00 to $285.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. William Blair restated an “outperform” rating on shares of Amazon.com in a research note on Thursday, April 9th. Finally, Argus restated a “buy” rating and set a $325.00 price objective on shares of Amazon.com in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and a consensus price target of $287.29.

Insider Buying and Selling

In other Amazon.com news, SVP David Zapolsky sold 10,649 shares of the firm’s stock in a transaction on 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 sale, the senior vice president directly owned 41,190 shares in the company, valued at approximately $8,461,661.70. This trade represents a 20.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Shelley Reynolds sold 2,695 shares of the firm’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.90, for a total value of $554,900.50. Following the completion of the sale, the vice president owned 119,780 shares in the company, valued at $24,662,702. The trade was a 2.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 72,686 shares of company stock valued at $14,899,239 in the last three months. 10.80% of the stock is owned by corporate insiders.

Amazon.com News Summary

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

• Positive Sentiment: Amazon agreed to acquire satellite operator Globalstar for about $11.6B to expand its Amazon Leo/Kuiper ambitions — the deal gives Amazon spectrum, operational assets and the ability to offer direct-to-device phone/data services (and ties into Apple iPhone emergency features), a strategic move that could meaningfully extend AWS/hardware revenue streams and position AMZN as a direct competitor to SpaceX’s Starlink. Amazon signs $11.57 billion deal for satellite firm Globalstar to challenge Starlink
• Positive Sentiment: A reported shift in the AI vendor landscape (OpenAI highlighting Amazon/AWS as a partner) and continued AWS AI revenue momentum reinforce the outlook for higher-margin cloud services — a structural tailwind for AMZN profits and investor sentiment. Is OpenAI outgrowing Microsoft? A new Amazon alliance raises the stakes.
• Positive Sentiment: Unusual bullish options activity and heavy call volume ahead of earnings signal trader conviction in near-term upside — a technical/flow catalyst that can amplify price moves into earnings. Heavy, Unusual Volume in Amazon Options Ahead of Earnings in Two Weeks
• Neutral Sentiment: Wall Street remains broadly constructive: multiple buy/outperform ratings and elevated price targets (median ~ $300) support the long-term bull case, but they’re largely consensus reinforcement rather than a new catalyst. Amazon.com Inc: Goldman Sachs Remains Its Buy Rating
• Neutral Sentiment: Analysts note the Globalstar purchase is strategically important but long-duration: it accelerates capabilities for 2028 direct-to-device services while not addressing near-term constraints (notably rocket launch capacity). This tempers how quickly the deal can boost revenues. Amazon’s $11.6 billion Globalstar deal will not fix rocket launch bottleneck, analysts say
• Negative Sentiment: Operational/ESG risk: a worker death at an Oregon fulfillment center has drawn scrutiny and could create near-term reputational and regulatory attention. Amazon (AMZN) Worker Dies at Oregon Facility, Sparking Safety Concerns

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.