Jackson Thornton Wealth Management LLC Buys 2,732 Shares of Amazon.com, Inc. $AMZN

Jackson Thornton Wealth Management LLC grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 27.3% in the 4th quarter, Holdings Channel reports. The firm owned 12,748 shares of the e-commerce giant’s stock after purchasing an additional 2,732 shares during the period. Jackson Thornton Wealth Management LLC’s holdings in Amazon.com were worth $3,071,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in AMZN. Norges Bank bought a new position in Amazon.com in the 2nd quarter worth $27,438,011,000. Nuveen LLC bought a new position in Amazon.com in the 1st quarter worth $11,674,091,000. Laurel Wealth Advisors LLC increased its stake in shares of Amazon.com by 22,085.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant’s stock worth $2,671,634,000 after acquiring an additional 12,122,668 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Amazon.com by 21.3% in 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 acquiring an additional 10,176,835 shares in the last quarter. Finally, Capital Research Global Investors increased its stake in shares of Amazon.com by 11.3% in the 3rd quarter. Capital Research Global Investors now owns 94,284,962 shares of the e-commerce giant’s stock worth $20,702,362,000 after acquiring an additional 9,583,217 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Key Amazon.com News

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

• Positive Sentiment: Expanded Anthropic partnership boosts long‑term AWS revenue visibility — Amazon announced a multi‑billion dollar investment and an Anthropic commitment that analysts frame as locking in >$100B of future AWS demand, supporting cloud growth and the AI narrative. Read More.
• Positive Sentiment: Multiple analyst upgrades/price‑target raises (BMO, Bernstein, UBS, Arete, others) are reinforcing bullish sentiment and providing near‑term support ahead of earnings. Read More.
• Positive Sentiment: New healthcare revenue stream: Amazon launched a nationwide GLP‑1 weight‑loss program via One Medical + Amazon Pharmacy, which could create recurring pharmacy/clinic revenue and broaden growth beyond retail and cloud. Read More.
• Neutral Sentiment: CEO Andy Jassy executed a pre‑arranged 10b5‑1 sale of 31,000 shares — a routine diversification event that is not an obvious signal on fundamentals. Read More.
• Neutral Sentiment: Internal reorg: Amazon is stripping traditional job titles in some units and using “builder” labels — signals of cultural/operational change but limited direct near‑term revenue impact. Read More.
• Negative Sentiment: Regulatory/legal risk resurfaced after California’s attorney general said unsealed filings show Amazon pressured retailers to raise prices — this could trigger fines, remedies or protracted litigation if allegations proceed. Read More.
• Negative Sentiment: Profitability/capex concerns: while the Anthropic/AWS deals lift revenue visibility, analysts warn the AI push requires massive capex and operating spend that could pressure near‑term margins and free cash flow. Read More.
• Negative Sentiment: Retail competition intensifies — Walmart/Sam’s Club rolling out faster delivery options and decision‑layer competition (shopping AI/assistants) could compress retail margins and slow unit growth. Read More.

Amazon.com Stock Performance

Shares of AMZN stock opened at $255.08 on Friday. Amazon.com, Inc. has a one year low of $178.85 and a one year high of $258.79. The company’s 50-day moving average is $217.54 and its 200 day moving average is $225.95. The company has a market capitalization of $2.74 trillion, a price-to-earnings ratio of 35.58, a price-to-earnings-growth ratio of 1.91 and a beta of 1.38. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data 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). 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 for the quarter, compared to analysts’ expectations of $211.02 billion. During the same period last year, the company posted $1.86 earnings per share. The business’s revenue for the quarter was up 13.6% compared to the same quarter last year. Sell-side analysts expect that Amazon.com, Inc. will post 7.72 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Monness Crespi & Hardt decreased their price target on shares of Amazon.com from $300.00 to $280.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Citigroup increased their price target on shares of Amazon.com from $265.00 to $285.00 and gave the stock a “buy” rating in a research note on Wednesday, March 25th. Maxim Group increased their price target on shares of Amazon.com from $280.00 to $290.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Telsey Advisory Group reiterated an “outperform” rating and issued a $300.00 price target on shares of Amazon.com in a research note on Friday, February 6th. Finally, Argus reiterated a “buy” rating and issued a $325.00 price target on shares of Amazon.com in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $288.91.

Insider Activity

In other news, VP Shelley Reynolds sold 2,695 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $205.90, for a total transaction of $554,900.50. Following the sale, the vice president owned 119,780 shares of the company’s stock, valued at $24,662,702. This trade represents a 2.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Matthew S. Garman sold 17,751 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the sale, the chief executive officer directly owned 9,405 shares in the company, valued at approximately $1,930,094.10. The trade was a 65.37% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 124,186 shares of company stock worth $27,826,739. 9.70% of the stock is owned by corporate insiders.

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.