First City Capital Management Inc. Reduces Position in Amazon.com, Inc. $AMZN

First City Capital Management Inc. lessened its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 25.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,162 shares of the e-commerce giant’s stock after selling 4,214 shares during the quarter. Amazon.com makes up 1.5% of First City Capital Management Inc.’s portfolio, making the stock its 16th largest holding. First City Capital Management Inc.’s holdings in Amazon.com were worth $2,807,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Donaldson Capital Management LLC boosted its stake in shares of Amazon.com by 2.6% during the 4th quarter. Donaldson Capital Management LLC now owns 81,070 shares of the e-commerce giant’s stock worth $18,712,000 after acquiring an additional 2,038 shares during the last quarter. Alliance Wealth Advisors LLC boosted its stake in shares of Amazon.com by 4.1% during the 4th quarter. Alliance Wealth Advisors LLC now owns 8,269 shares of the e-commerce giant’s stock worth $1,909,000 after acquiring an additional 323 shares during the last quarter. Northwest Wealth Management LLC boosted its stake in shares of Amazon.com by 0.4% during the 4th quarter. Northwest Wealth Management LLC now owns 20,869 shares of the e-commerce giant’s stock worth $4,817,000 after acquiring an additional 83 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in shares of Amazon.com by 6.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 94,605 shares of the e-commerce giant’s stock worth $21,837,000 after acquiring an additional 5,387 shares during the last quarter. Finally, Praetorian Wealth Management Inc. boosted its stake in shares of Amazon.com by 32.1% during the 4th quarter. Praetorian Wealth Management Inc. now owns 4,478 shares of the e-commerce giant’s stock worth $1,034,000 after acquiring an additional 1,087 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: Reached a deal with the U.S. Postal Service to keep roughly 80% of current USPS deliveries, reducing the risk of large-scale routing disruption and protecting same‑ and next‑day delivery capacity. Exclusive: Amazon says it has reached deal with US Postal Service on package deliveries
• Positive Sentiment: AWS partnership with UnitedHealthcare to bring AI-driven front-end solutions into healthcare highlights AWS revenue diversification and enterprise AI demand. Investors view these enterprise AI deals as durable growth catalysts for AWS. AWS and UnitedHealthcare Take Back-Office to Front-End Approach to Healthcare AI
• Positive Sentiment: Analyst sentiment shows pockets of optimism (price-target upgrades published), which supports the rally narrative and investor confidence in longer-term earnings upside. Amazon.com (NASDAQ:AMZN) Price Target Raised to $305.00
• Positive Sentiment: Alexa+ expands to conversational ordering with Uber Eats and Grubhub — a product/monetization move that can increase user engagement, commerce touchpoints and ad/upsell opportunities in the smart‑home ecosystem. Amazon’s Alexa+ Adds Conversational Uber Eats and Grubhub Ordering
• Neutral Sentiment: Announced a 3.5% fuel surcharge for Fulfillment‑by‑Amazon sellers starting April 17 (estimated ~17¢ per unit). This helps Amazon pass through higher fuel costs but could affect seller economics and pricing. Amazon Imposes 3.5% Fuel Surcharge as Energy Costs Rise
• Neutral Sentiment: Speculation that Amazon may pursue a ~ $9B satellite play (Globalstar chatter) signals strategic ambition for LEO/connectivity (Project Kuiper acceleration), but remains unconfirmed and is speculative for near‑term EPS impact. As Amazon Considers Buying Globalstar, Should You Buy GSAT Stock?
• Neutral Sentiment: Reported insider sale by Amazon’s CEO (~$210,500). Size is small relative to company scale and typical insider activity, so market impact is limited. Insider Selling: Amazon.com (NASDAQ:AMZN) CEO Sells $210,500.00 in Stock
• Negative Sentiment: Shareholder pressure over water and power use at U.S. data centers highlights environmental/community risk that could slow or complicate future AWS builds and add costs or project delays. Investors press Amazon, Microsoft and Google on water, power use in US data centers

Insiders Place Their Bets

In other news, VP Shelley Reynolds sold 2,695 shares of the business’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $205.90, for a total value of $554,900.50. Following the sale, the vice president directly owned 119,780 shares in the company, valued at $24,662,702. The trade was a 2.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 1,000 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer owned 520,361 shares in the company, valued at approximately $109,535,990.50. This trade represents a 0.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 72,686 shares of company stock worth $14,899,239. 9.70% of the stock is owned by corporate insiders.

Amazon.com Stock Up 1.4%

Shares of AMZN stock opened at $212.79 on Tuesday. The stock has a market cap of $2.28 trillion, a P/E ratio of 29.68, a PEG ratio of 1.57 and a beta of 1.38. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16. The company’s fifty day simple moving average is $213.19 and its two-hundred day simple moving average is $224.13.

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 the consensus estimate of $1.97 by ($0.02). The company 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 firm’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.86 EPS. Analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Raymond James Financial dropped their price target on shares of Amazon.com from $260.00 to $225.00 and set an “outperform” rating on the stock in a research note on Friday, February 6th. Arete Research lifted their price target on shares of Amazon.com from $283.00 to $285.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Stifel Nicolaus set a $300.00 price target on shares of Amazon.com and gave the stock a “buy” rating in a research note on Tuesday, January 27th. Argus reiterated a “buy” rating and set a $325.00 price target on shares of Amazon.com in a research note on Friday, February 6th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $300.00 price target (down from $315.00) on shares of Amazon.com in a research note on Friday, February 6th. One equities research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $286.59.

Amazon.com 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.