Dakota Wealth Management Acquires 18,775 Shares of Amazon.com, Inc. $AMZN

Dakota Wealth Management raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 5.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 372,031 shares of the e-commerce giant’s stock after acquiring an additional 18,775 shares during the quarter. Amazon.com makes up about 1.5% of Dakota Wealth Management’s portfolio, making the stock its 6th largest holding. Dakota Wealth Management’s holdings in Amazon.com were worth $85,872,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of AMZN. Norges Bank acquired a new stake in Amazon.com in the second quarter valued at $27,438,011,000. Nuveen LLC bought a new position in shares of Amazon.com in the 1st quarter worth about $11,674,091,000. Vanguard Group Inc. lifted its stake in Amazon.com by 2.1% in the second quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock valued at $186,420,422,000 after buying an additional 17,447,045 shares during the period. Laurel Wealth Advisors LLC lifted its position in shares of 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 valued at $2,671,634,000 after acquiring an additional 12,122,668 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of Amazon.com by 21.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after purchasing an additional 10,176,835 shares in the last quarter. 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.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on AMZN. Oppenheimer set a $260.00 price target on Amazon.com and gave the stock an “outperform” rating in a report on Friday, February 6th. Guggenheim restated a “buy” rating and set a $300.00 price objective on shares of Amazon.com in a report on Friday, February 6th. Monness Crespi & Hardt lowered their target price on Amazon.com from $300.00 to $280.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. DZ Bank upgraded Amazon.com to a “strong-buy” rating in a report on Friday, February 6th. Finally, Stifel Nicolaus set a $300.00 price target on shares of Amazon.com and gave the company a “buy” rating in a research note on Tuesday, January 27th. One 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. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $286.59.

Insider Buying and Selling at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $205.18, for a total transaction of $4,077,336.96. Following the transaction, the chief executive officer directly owned 2,238,118 shares of the company’s stock, valued at approximately $459,217,051.24. This trade represents a 0.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $204.25, for a total transaction of $204,250.00. Following the completion of the transaction, the chief executive officer owned 521,361 shares in the company, valued at $106,487,984.25. This represents a 0.19% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 71,686 shares of company stock valued at $14,688,739 over the last quarter. Company insiders own 9.70% of the company’s stock.

Amazon.com Stock Performance

NASDAQ AMZN opened at $209.77 on Friday. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $258.60. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. The company has a 50-day simple moving average of $214.29 and a 200 day simple moving average of $224.53. The company has a market capitalization of $2.25 trillion, a PE ratio of 29.26, a price-to-earnings-growth ratio of 1.58 and a beta of 1.38.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.02). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The business had revenue of $213.39 billion during the quarter, compared to analysts’ expectations of $211.02 billion. During the same quarter in the previous year, the business earned $1.86 EPS. Amazon.com’s revenue for the quarter was up 13.6% on a year-over-year basis. On average, research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.