Greater Midwest Financial Group LLC Sells 16,901 Shares of Amazon.com, Inc. $AMZN

Greater Midwest Financial Group LLC reduced its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 33.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,737 shares of the e-commerce giant’s stock after selling 16,901 shares during the quarter. Amazon.com accounts for 4.8% of Greater Midwest Financial Group LLC’s holdings, making the stock its 5th largest position. Greater Midwest Financial Group LLC’s holdings in Amazon.com were worth $7,408,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of AMZN. Eukles Asset Management grew its stake in shares of Amazon.com by 0.3% during the 3rd quarter. Eukles Asset Management now owns 16,493 shares of the e-commerce giant’s stock worth $3,621,000 after purchasing an additional 55 shares during the period. MMA Asset Management LLC boosted its holdings in Amazon.com by 43.6% during the third quarter. MMA Asset Management LLC now owns 12,127 shares of the e-commerce giant’s stock worth $2,663,000 after buying an additional 3,681 shares in the last quarter. Thompson Davis & CO. Inc. boosted its holdings in Amazon.com by 9.4% during the third quarter. Thompson Davis & CO. Inc. now owns 8,081 shares of the e-commerce giant’s stock worth $1,774,000 after buying an additional 694 shares in the last quarter. Wellington Shields & Co. LLC grew its position in Amazon.com by 2.2% during the third quarter. Wellington Shields & Co. LLC now owns 30,268 shares of the e-commerce giant’s stock valued at $6,646,000 after buying an additional 645 shares during the period. Finally, Coston McIsaac & Partners increased its holdings in Amazon.com by 2.5% in the third quarter. Coston McIsaac & Partners now owns 2,718 shares of the e-commerce giant’s stock valued at $595,000 after buying an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In other news, SVP David Zapolsky sold 10,649 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total value of $2,187,624.07. Following the completion of the sale, the senior vice president directly owned 41,190 shares in the company, valued at $8,461,661.70. This represents a 20.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Douglas J. Herrington sold 6,835 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.82, for a total value of $1,406,779.70. Following the completion of the sale, the chief executive officer directly owned 522,361 shares of the company’s stock, valued at approximately $107,512,341.02. This represents a 1.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 73,186 shares of company stock worth $15,067,539 in the last 90 days. 9.70% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on AMZN. Deutsche Bank Aktiengesellschaft increased their target price on shares of Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Needham & Company LLC reiterated a “buy” rating and set a $265.00 price target on shares of Amazon.com in a research report on Friday, February 6th. TD Cowen restated a “buy” rating on shares of Amazon.com in a research report on Friday, February 6th. Rothschild & Co Redburn set a $230.00 target price on Amazon.com in a research note on Wednesday, January 21st. Finally, Bank of America dropped their price target on shares of Amazon.com from $303.00 to $286.00 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and an average target price of $287.29.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Amazon committed to invest up to $50 billion in OpenAI and deepen a strategic partnership that expands cloud & chip relationships — a major long‑term accelerator for AWS revenue and product differentiation. Amazon to invest $50 billion in OpenAI
• Positive Sentiment: The OpenAI tie includes tighter commercial integration (AWS as a key cloud partner and OpenAI buying Amazon-made AI chips), which supports higher‑margin cloud exposure and possible cross‑sell into Amazon consumer products and services. How Amazon’s massive stake in OpenAI could boost its AI and cloud businesses
• Positive Sentiment: Amazon is expanding data‑center capacity (announced $12B Louisiana investment) to support cloud growth and AI workloads — a direct investment in AWS scale that should underpin long‑term revenue. Amazon.com Data Center Push Continues with $12B Investment in Louisiana
• Positive Sentiment: Notable investors and funds (e.g., Stanley Druckenmiller, some ARK activity) have added to Amazon exposure this quarter, signaling continued institutional conviction in AMZN as an AI/cloud play. Druckenmiller buys Amazon
• Neutral Sentiment: Short‑interest reports in the feed are effectively zero (days‑to‑cover ~0) and appear non‑informative — no clear short squeeze signal from these data entries.
• Negative Sentiment: Market concerns about massive near‑term spending and capex — reports on a potential $200B capex surge and shrinking free cash flow expectations have pressured the stock and prompted investor caution. Will heavy capex spending weigh on Amazon’s AI ambitions?
• Negative Sentiment: Legal risk: a U.K. appeals court cleared the way for large collective suits from sellers/consumers alleging anticompetitive conduct (potentially ~£4bn), creating a headline legal overhang. Amazon refused permission to appeal go-ahead for UK lawsuits
• Negative Sentiment: Analyst / market signals: Evercore trimmed its price target (from $335 to $285), and there are reports of insider stock sales — both can weigh on sentiment even if strategic fundamentals remain intact. Evercore adjusts price target on Amazon Insider Selling: CEO sells $3.6M

Amazon.com Stock Up 1.0%

NASDAQ AMZN opened at $210.00 on Friday. The business has a fifty day moving average price of $226.66 and a 200 day moving average price of $227.72. 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 market cap of $2.25 trillion, a P/E ratio of 29.29, a P/E/G ratio of 1.56 and a beta of 1.37. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). The business had revenue of $213.39 billion for 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%.Amazon.com’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.86 EPS. Research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal 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.