Solidarity Wealth LLC Buys 22,565 Shares of Amazon.com, Inc. $AMZN

Solidarity Wealth LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 17.2% during the fourth quarter, Holdings Channel reports. The firm owned 154,080 shares of the e-commerce giant’s stock after purchasing an additional 22,565 shares during the period. Amazon.com makes up about 7.3% of Solidarity Wealth LLC’s holdings, making the stock its 3rd biggest holding. Solidarity Wealth LLC’s holdings in Amazon.com were worth $35,565,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in AMZN. Veracity Capital LLC raised its stake in shares of Amazon.com by 1.4% in the 4th quarter. Veracity Capital LLC now owns 22,649 shares of the e-commerce giant’s stock valued at $5,228,000 after acquiring an additional 320 shares during the period. Resonant Capital Advisors LLC raised its stake in shares of Amazon.com by 9.8% in the 4th quarter. Resonant Capital Advisors LLC now owns 60,098 shares of the e-commerce giant’s stock valued at $13,872,000 after acquiring an additional 5,378 shares during the period. Wealth Alliance Advisory Group LLC raised its stake in shares of Amazon.com by 5.4% in the 4th quarter. Wealth Alliance Advisory Group LLC now owns 28,506 shares of the e-commerce giant’s stock valued at $6,580,000 after acquiring an additional 1,448 shares during the period. Concurrent Investment Advisors LLC raised its stake in shares of Amazon.com by 54.9% in the 4th quarter. Concurrent Investment Advisors LLC now owns 645,885 shares of the e-commerce giant’s stock valued at $149,083,000 after acquiring an additional 228,915 shares during the period. Finally, Tumwater Wealth Management LLC purchased a new position in shares of Amazon.com in the 4th quarter valued at $233,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Wall Street analysts raised earnings expectations and price targets, citing strong grocery delivery and AWS/cloud growth. Amazon (AMZN) Stock: Wall Street Analysts Raise Targets on Grocery Delivery and Cloud Expansion
• Positive Sentiment: Amazon continues to lean into AI, including a shift toward an AI-powered Alexa shopping assistant and broader agentic commerce ambitions, which supports the growth narrative. Amazon Unveils AI Search Overhaul To Defend Online Shopping Dominance
• Positive Sentiment: Technical coverage noted Amazon remains above a key breakout level, suggesting the stock’s chart trend is still constructive. Amazon Holds Breakout Above $252
• Positive Sentiment: Investor interest remains strong, with reports highlighting bullish commentary from prominent funds and analysts, plus added attention from high-profile holders. Trump went big on tech stocks in first quarter of 2026, new filings show
• Neutral Sentiment: Amazon remains a major focus of market commentary because of its AI spending, cloud expansion, and growing role in digital advertising, but these articles are mostly thematic rather than immediate stock-moving catalysts.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Rothschild & Co Redburn set a $230.00 target price on shares of Amazon.com in a research note on Wednesday, January 21st. Robert W. Baird raised their target price on shares of Amazon.com from $285.00 to $300.00 and gave the company an “outperform” rating in a research note on Thursday, April 30th. Benchmark raised their target price on shares of Amazon.com from $275.00 to $370.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. DA Davidson raised their target price on shares of Amazon.com from $175.00 to $250.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Finally, Truist Financial raised their target price on shares of Amazon.com from $285.00 to $310.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $312.52.

Insider Activity

In other news, CEO Douglas J. Herrington sold 27,500 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $275.00, for a total value of $7,562,500.00. Following the completion of the sale, the chief executive officer owned 471,361 shares of the company’s stock, valued at approximately $129,624,275. The trade was a 5.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 31,352 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $275.00, for a total transaction of $8,621,800.00. Following the completion of the sale, the chief executive officer directly owned 2,175,766 shares of the company’s stock, valued at $598,335,650. The trade was a 1.42% 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. Over the last quarter, insiders sold 190,593 shares of company stock worth $46,081,241. Corporate insiders own 8.90% of the company’s stock.

Amazon.com Stock Performance

Amazon.com stock opened at $264.14 on Monday. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $278.56. The company has a market capitalization of $2.84 trillion, a price-to-earnings ratio of 31.60, a price-to-earnings-growth ratio of 1.98 and a beta of 1.46. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01. The firm’s fifty day moving average price is $234.47 and its 200 day moving average price is $230.69.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The firm had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. During the same quarter in the previous year, the firm posted $1.59 EPS. The firm’s quarterly revenue was up 16.6% on a year-over-year basis. On average, research analysts forecast that Amazon.com, Inc. will post 7.71 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.