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

Apollon Wealth Management LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 13.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 542,167 shares of the e-commerce giant’s stock after buying an additional 62,546 shares during the period. Amazon.com makes up 1.8% of Apollon Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Apollon Wealth Management LLC’s holdings in Amazon.com were worth $112,917,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Lifelong Wealth Advisors Inc. boosted its position in shares of Amazon.com by 2.4% during the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock valued at $402,000 after buying an additional 41 shares during the last quarter. Financial Connections Group Inc. increased its holdings in Amazon.com by 2.6% in the 4th quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant’s stock worth $376,000 after buying an additional 42 shares in the last quarter. Marquette Asset Management LLC raised its position in Amazon.com by 5.1% in the 4th quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant’s stock worth $205,000 after buying an additional 43 shares during the last quarter. Wernau Asset Management Inc. raised its position in Amazon.com by 0.4% in the 1st quarter. Wernau Asset Management Inc. now owns 10,231 shares of the e-commerce giant’s stock worth $2,131,000 after buying an additional 43 shares during the last quarter. Finally, Western Financial Corp CA lifted its stake in Amazon.com by 1.5% during the 4th quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant’s stock valued at $710,000 after acquiring an additional 44 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Amazon Web Services is said to be doubling down on enterprise AI by investing $1 billion in forward-deployed engineers, a move that could deepen customer relationships and boost AWS revenue growth.
• Positive Sentiment: Analysts and market commentary remain upbeat on Amazon’s AI and cloud strategy, including its Trainium chips and broader hyperscaler positioning, which could improve margins and strengthen Amazon’s long-term competitive moat.
• Positive Sentiment: One report argued that Amazon’s reported Anthropic stake could become a major hidden value driver if the AI company moves toward an IPO, potentially creating a large paper windfall for Amazon shareholders. Article Title
• Positive Sentiment: Coverage around Amazon’s own custom-silicon push suggested Trainium and Inferentia adoption is accelerating, with customer demand for AI infrastructure reinforcing the case for AWS growth and potential margin expansion. Article Title
• Neutral Sentiment: Several articles reiterated that Amazon is still a top long-term growth stock, but much of that discussion was valuation-focused rather than tied to a fresh operational catalyst.
• Neutral Sentiment: Amazon also appeared in stories about back-to-school promotions and international platform use, which are positive for visibility but not likely to be major stock movers on their own.
• Negative Sentiment: Some coverage noted intensifying competition in e-commerce from lower-cost shopping platforms and broader concerns about consumer spending, which could pressure retail growth if it persists.
• Negative Sentiment: There were also reminders that Amazon’s heavy capex spending and ongoing insider sales may keep some investors cautious, even if those signals are not necessarily a change in the company’s fundamentals.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 20,000 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $263.42, for a total value of $5,268,400.00. Following the transaction, the chief executive officer directly owned 2,205,766 shares in the company, valued at approximately $581,042,879.72. This trade represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 1,000 shares of Amazon.com stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $239.77, for a total transaction of $239,770.00. Following the transaction, the chief executive officer owned 484,527 shares in the company, valued at $116,175,038.79. This represents a 0.21% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 195,774 shares of company stock valued at $51,643,704 in the last quarter. Insiders own 8.90% of the company’s stock.

Amazon.com Price Performance

NASDAQ AMZN opened at $244.16 on Tuesday. The company has a 50-day moving average price of $254.57 and a 200-day moving average price of $234.65. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $278.56. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $2.63 trillion, a P/E ratio of 29.21, a PEG ratio of 1.81 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.63 by $1.15. The company had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The firm’s revenue was up 16.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.59 earnings per share. Equities research analysts anticipate that Amazon.com, Inc. will post 7.75 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. William Blair reaffirmed an “outperform” rating on shares of Amazon.com in a report on Thursday, April 9th. Royal Bank Of Canada reissued a “buy” rating on shares of Amazon.com in a report on Tuesday, June 16th. Mizuho increased their price objective on shares of Amazon.com from $315.00 to $325.00 and gave the company an “outperform” rating in a research report on Tuesday, April 28th. DA Davidson raised their target price on shares of Amazon.com from $175.00 to $250.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Finally, Telsey Advisory Group lifted their target price on shares of Amazon.com from $300.00 to $315.00 and gave the stock an “outperform” rating in a research report on Thursday, April 30th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and an average target price of $312.79.

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.