Meridian Wealth Management LLC Acquires 8,325 Shares of Amazon.com, Inc. $AMZN

Meridian Wealth Management LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 332,479 shares of the e-commerce giant’s stock after acquiring an additional 8,325 shares during the period. Amazon.com comprises about 2.8% of Meridian Wealth Management LLC’s investment portfolio, making the stock its 6th largest holding. Meridian Wealth Management LLC’s holdings in Amazon.com were worth $73,002,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of AMZN. Barlow Wealth Partners Inc. increased its stake in Amazon.com by 0.4% during the 2nd quarter. Barlow Wealth Partners Inc. now owns 12,565 shares of the e-commerce giant’s stock worth $2,763,000 after purchasing an additional 44 shares in the last quarter. Probity Advisors Inc. increased its position in shares of Amazon.com by 0.4% during the second quarter. Probity Advisors Inc. now owns 12,157 shares of the e-commerce giant’s stock worth $2,667,000 after acquiring an additional 45 shares in the last quarter. IMPACTfolio LLC raised its holdings in shares of Amazon.com by 3.8% during the third quarter. IMPACTfolio LLC now owns 1,225 shares of the e-commerce giant’s stock worth $269,000 after acquiring an additional 45 shares during the period. Cadence Wealth Management LLC lifted its position in Amazon.com by 3.5% in the 3rd quarter. Cadence Wealth Management LLC now owns 1,328 shares of the e-commerce giant’s stock valued at $292,000 after acquiring an additional 45 shares in the last quarter. Finally, Union Savings Bank lifted its position in Amazon.com by 0.4% in the 2nd quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant’s stock valued at $2,510,000 after acquiring an additional 45 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Amazon.com news, CEO Douglas J. Herrington sold 4,784 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $198.37, for a total transaction of $949,002.08. Following the transaction, the chief executive officer owned 512,109 shares of the company’s stock, valued at $101,587,062.33. The trade was a 0.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 8,284 shares of company stock worth $1,740,052 in the last three months. Company insiders own 9.70% of the company’s stock.

Amazon.com News Summary

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

• Positive Sentiment: Supreme Court tariff ruling lifts e‑commerce peers and helps Amazon by removing a policy headwind to cross‑border goods and pricing, supporting retail sales momentum. Amazon, Etsy, other e-commerce stocks pop after Supreme Court rules against Trump’s tariffs
• Positive Sentiment: Large cloud demand signal — analysis that Anthropic and other AI firms will pay tens of billions to cloud partners through 2029 boosts the AWS revenue outlook and supports upside for AMZN’s higher‑margin AWS segment. Anthropic to pay cloud partners $80B
• Positive Sentiment: Retail distribution wins — brands like Bath & Body Works launching official Amazon storefronts underscore continued marketplace monetization and third‑party logistics/fulfillment traction. Bath & Body Works launches on Amazon / related marketplace integrations
• Neutral Sentiment: Notable institutional flows are mixed — some prominent investors (Klarman, Pershing Square, others) have added positions while others trimmed; these large moves create headline volatility but are not a clear directional signal. Pershing Square boosts Amazon stake
• Neutral Sentiment: Insider disclosure — CEO Douglas Herrington sold a small block of shares; disclosure matters for transparency but the size is immaterial to overall insider ownership. SEC Form 4
• Negative Sentiment: AWS reliability concerns — multiple reports (FT/Reuters/Guardian) say at least two outages last year were linked to Amazon’s internal AI tools (Kiro), raising questions about operational risk as Amazon scales autonomous tooling. Amazon’s cloud unit hit by at least two outages involving AI tools, FT says
• Negative Sentiment: CapEx and valuation pressure — analyst notes and price‑target cuts are tied to Amazon’s planned ~$200B CapEx push for AI/data centers in 2026; the spending plan supports long‑term AWS growth but depresses near‑term free cash flow and multiples. Price targets cut as $200B CapEx plan weighs on sentiment
• Negative Sentiment: Legal risk — Washington Supreme Court ruled families can sue Amazon over sodium nitrite sales, creating litigation exposure and headline risk that can hit sentiment. Amazon can be sued over suicides linked to sodium nitrite, court rules

Amazon.com Price Performance

NASDAQ:AMZN opened at $210.11 on Friday. The stock has a market capitalization of $2.26 trillion, a PE ratio of 29.30, a P/E/G ratio of 1.34 and a beta of 1.37. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $258.60. The firm has a fifty day simple moving average of $228.22 and a 200 day simple moving average of $228.24. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16.

Amazon.com (NASDAQ:AMZN) last announced its quarterly 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 during the quarter, compared to analyst estimates of $211.02 billion. The business’s revenue was up 13.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.86 EPS. On average, research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on AMZN. CICC Research lifted their price target on Amazon.com from $240.00 to $280.00 and gave the company an “outperform” rating in a research note on Wednesday, November 5th. New Street Research decreased their price objective on Amazon.com from $350.00 to $285.00 and set a “buy” rating for the company in a report on Thursday, February 12th. Truist Financial cut their target price on Amazon.com from $290.00 to $280.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Cantor Fitzgerald set a $250.00 price target on Amazon.com and gave the stock an “overweight” rating in a research report on Friday, February 6th. Finally, Susquehanna set a $300.00 price objective on shares of Amazon.com and gave the company a “positive” rating in a report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and an average price target of $287.30.

Amazon.com Company 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.