Kelleher Financial Advisors Sells 15,446 Shares of Amazon.com, Inc. $AMZN

17 Apr 2026, 05:08 by Amy Steele · The Cerbat Gem

Kelleher Financial Advisors cut its position in Amazon.com, Inc. (NASDAQ:AMZN) by 30.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 34,581 shares of the e-commerce giant’s stock after selling 15,446 shares during the period. Amazon.com makes up 1.8% of Kelleher Financial Advisors’ holdings, making the stock its 10th largest position. Kelleher Financial Advisors’ holdings in Amazon.com were worth $7,982,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of AMZN. Fairway Wealth LLC increased its holdings in shares of Amazon.com by 113.2% in the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock valued at $25,000 after purchasing an additional 60 shares during the period. Sellwood Investment Partners LLC purchased a new position in Amazon.com during the third quarter worth approximately $27,000. Bridge Generations Wealth Management LLC boosted its position in Amazon.com by 2,330.0% during the third quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant’s stock worth $53,000 after purchasing an additional 233 shares in the last quarter. Cooksen Wealth LLC boosted its position in Amazon.com by 23.5% during the second quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock worth $54,000 after purchasing an additional 47 shares in the last quarter. Finally, PayPay Securities Corp lifted its position in shares of Amazon.com by 62.3% in the third quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant’s stock valued at $55,000 after acquiring an additional 96 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on AMZN shares. Oppenheimer set a $260.00 target price on Amazon.com and gave the company an “outperform” rating in a research report on Friday, February 6th. The Goldman Sachs Group reissued a “buy” rating on shares of Amazon.com in a research note on Tuesday. Truist Financial cut their target price on Amazon.com from $290.00 to $280.00 and set a “buy” rating for the company in a research note on Friday, February 6th. KeyCorp set a $285.00 target price on Amazon.com in a research note on Friday, February 6th. Finally, Daiwa Securities Group cut their target price on Amazon.com from $300.00 to $280.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-four have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $287.29.

Read Our Latest Stock Report on Amazon.com

Amazon.com Stock Up 0.5%

Shares of NASDAQ AMZN opened at $249.70 on Friday. The company has a market capitalization of $2.69 trillion, a price-to-earnings ratio of 34.83, a price-to-earnings-growth ratio of 1.86 and a beta of 1.38. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.05 and a quick ratio of 0.88. The business has a 50-day moving average of $212.95 and a two-hundred day moving average of $224.88. Amazon.com, Inc. has a 1 year low of $165.29 and a 1 year high of $258.60.

Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The company had revenue of $213.39 billion during the quarter, compared to analysts’ expectations of $211.02 billion. During the same period last year, the business earned $1.86 earnings per share. The company’s quarterly revenue was up 13.6% on a year-over-year basis. On average, analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Amazon.com News Summary

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

Positive Sentiment: Globalstar acquisition reinforces Amazon’s LEO/satellite strategy and prompted an immediate market re-rate; analysts and some banks called the deal strategic for Amazon’s Project Kuiper/LEO ambitions. Amazon’s $12B Globalstar Acquisition Paid for Itself
Positive Sentiment: AWS wins new high-profile media/AI customers (Fox named AWS its preferred AI cloud provider), validating AWS’s enterprise AI momentum and revenue runway. Fox chooses AWS as preferred AI cloud provider
Positive Sentiment: NiSource expanded a power agreement with Amazon to speed energy delivery to data centers — a small but tangible operational tailwind for AWS capacity expansion. NiSource signs long-term power deal
Positive Sentiment: Wall Street and notable investors are doubling down: several firms reaffirmed buy ratings and investors like Brad Gerstner have been buying AMZN, supporting sentiment and multiple expansion. AI bull Brad Gerstner buying AMZN
Neutral Sentiment: Management and media narratives: Jim Cramer and other pundits highlighted Amazon’s long-term opportunity, and Amazon promoted theatrical releases (CinemaCon) as a content/distribution play — strategic but longer‑dated. Cramer highlights Amazon
Neutral Sentiment: Amazon-backed X‑Energy filed to raise up to $800M — underscores Bezos/AMZN ecosystem investments (energy/nuclear), but indirect to near-term earnings. X-Energy IPO filing
Negative Sentiment: Marketplace friction: hundreds of large sellers staged a one‑day ad boycott protesting payout and ad-payment changes plus a temporary 3.5% fuel surcharge — a reputational and short‑term revenue risk for Amazon’s retail/ad ecosystem. Sellers boycott Amazon ads
Negative Sentiment: Customer backlash and regional pushback (Canadian sellers/customers revolting over fuel surcharge) could pressure order volumes or force policy reversals. Canadians revolt over fuel surcharge
Negative Sentiment: Technical/valuation caution: some analysts flagged the stock as overbought after the rally and warned a pullback is possible despite the strategic positives. Amazon overbought concerns

Insiders Place Their Bets

In related news, SVP David Zapolsky sold 10,649 shares of the business’s stock in a transaction dated 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 transaction, the senior vice president owned 41,190 shares in the company, valued at $8,461,661.70. The trade was a 20.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 20,500 shares of the business’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $245.00, for a total value of $5,022,500.00. Following the completion of the transaction, the chief executive officer owned 499,861 shares in the company, valued at $122,465,945. This trade represents a 3.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 93,186 shares of company stock worth $19,921,739. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Company Profile

(Free Report)

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.