93,408 Shares in Amazon.com, Inc. $AMZN Purchased by Robinhood Asset Management LLC

Key Points

• Robinhood Asset Management LLC bought a new position of 93,408 shares of Amazon in the fourth quarter, valued at about $21.56 million, representing 1.7% of its portfolio and the firm's 12th-largest holding.
• Amazon agreed to invest now and potentially up to $25 billion in Anthropic while Anthropic pledged to spend more than $100 billion on AWS over the next decade (including up to 5GW of compute), a deal that spurred analyst price-target upgrades and an after-hours stock rally.
• Antitrust risk rose after California’s attorney general filed new court evidence alleging Amazon pressured brands to raise competitors' prices, creating legal uncertainty that could weigh on investor sentiment until resolved.

Robinhood Asset Management LLC purchased a new position in Amazon.com, Inc. (NASDAQ:AMZN) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 93,408 shares of the e-commerce giant's stock, valued at approximately $21,561,000. Amazon.com makes up 1.7% of Robinhood Asset Management LLC's investment portfolio, making the stock its 12th biggest position.

Other institutional investors have also recently bought and sold shares of the company. Norges Bank purchased a new position in Amazon.com during the 2nd quarter valued at about $27,438,011,000. Nuveen LLC purchased a new position in Amazon.com during the 1st quarter valued at about $11,674,091,000. Laurel Wealth Advisors LLC grew its stake in Amazon.com by 22,085.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant's stock valued at $2,671,634,000 after acquiring an additional 12,122,668 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Amazon.com by 21.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock valued at $11,017,657,000 after acquiring an additional 10,176,835 shares in the last quarter. Finally, Capital Research Global Investors grew its stake in Amazon.com by 11.3% during the 3rd quarter. Capital Research Global Investors now owns 94,284,962 shares of the e-commerce giant's stock valued at $20,702,362,000 after acquiring an additional 9,583,217 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com News Roundup

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

• Positive Sentiment: Amazon agreed to invest now and potentially up to $25 billion in Anthropic, while Anthropic committed to spend more than $100 billion on AWS over the next decade (including up to 5GW of compute). This is a large, multi-year revenue pipeline for AWS and strengthens Amazon’s position in the AI infrastructure race. Anthropic takes $5B from Amazon and pledges $100B in cloud spending in return
• Positive Sentiment: Wall Street responded: KeyBanc and Bank of America raised price targets (KeyBanc to $325, BofA to $298), highlighting expectations that Anthropic-driven AI demand will accelerate AWS revenue and justify higher valuations ahead of earnings. Amazon Bulls Get Fresh Ammo As Analyst Flags AWS, Retail Upside
• Positive Sentiment: Market reaction was immediate: shares jumped on the expanded Anthropic deal in after-hours trade, reflecting investor focus on durable, high‑margin cloud contracts and AI tailwinds for upcoming quarterly results. Amazon Stock Jumps On Expanded Deal With Anthropic
• Neutral Sentiment: AWS continues to expand product lines (example: Amazon Bio Discovery for drug R&D), which diversifies AI monetization paths but will take time to scale into material profit. This is constructive long-term but less immediately earnings‑sensical. AWS Launches Amazon Bio Discovery to Speed AI Drug Development
• Neutral Sentiment: Amazon’s satellite/Globalstar moves expand addressable markets (direct-to-device connectivity) but add near-term capital intensity—an investor tradeoff between strategic optionality and higher capex. Amazon (AMZN) Price Target Lowered As CapEx Expected To Peak
• Negative Sentiment: Regulatory/legal risk rose after California’s attorney general filed new court evidence alleging Amazon pressured brands to raise competitors’ prices — a high‑profile antitrust allegation that could mean fines, remedies, or business-model constraints if proven. California Accuses Amazon of Price Fixing in Legal Filing
• Negative Sentiment: Amazon pushed back publicly, calling the AG’s filing a distraction, but litigation uncertainty remains and could weigh on investor sentiment until the case resolves. Amazon Dismisses New Evidence in California Antitrust Suit

Amazon.com Stock Down 0.9%

Shares of Amazon.com stock opened at $248.28 on Tuesday. The stock has a market capitalization of $2.67 trillion, a P/E ratio of 34.63, a PEG ratio of 1.88 and a beta of 1.38. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16. The stock has a 50 day moving average price of $214.55 and a two-hundred day moving average price of $225.33. Amazon.com, Inc. has a 12-month low of $165.29 and a 12-month high of $258.60.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced 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). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The company had revenue of $213.39 billion for the quarter, compared to the consensus estimate of $211.02 billion. During the same period in the previous year, the company earned $1.86 EPS. The firm's revenue for the quarter was up 13.6% compared to the same quarter last year. Equities analysts expect that Amazon.com, Inc. will post 7.76 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on AMZN shares. Guggenheim reaffirmed a "buy" rating and set a $300.00 target price on shares of Amazon.com in a research note on Friday, February 6th. DZ Bank raised Amazon.com to a "strong-buy" rating in a research note on Friday, February 6th. Oppenheimer set a $260.00 target price on Amazon.com and gave the company an "outperform" rating in a research note on Friday, February 6th. Wells Fargo & Company lifted their target price on Amazon.com from $304.00 to $305.00 and gave the company an "overweight" rating in a research note on Thursday, April 2nd. Finally, Bank of America boosted their price target on Amazon.com from $275.00 to $298.00 and gave the company a "buy" rating in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, fifty-four have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $288.30.

Insider Activity at Amazon.com

In related news, CEO Douglas J. Herrington sold 20,500 shares of the company's stock in a transaction on Tuesday, April 14th. The stock was 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 directly owned 499,861 shares in the company, valued at approximately $122,465,945. This represents a 3.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 10,649 shares of the stock in a transaction 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 transaction, the senior vice president owned 41,190 shares of the company's stock, valued at $8,461,661.70. This represents a 20.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 93,186 shares of company stock valued at $19,921,739. 10.80% of the stock is owned by corporate insiders.

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.

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