Amazon.com, Inc. $AMZN Shares Bought by Welch Group LLC

Key Points

• Welch Group LLC increased its stake in Amazon by 3.8% to 65,396 shares (worth $15.1M), while institutional investors now own about 72.20% of the company.
• Amazon beat Q1 estimates with $2.78 EPS versus $1.63 expected and $181.52B in revenue (up 16.6% year-over-year), prompting multiple price-target raises and a consensus "Moderate Buy" with an average target of $313.09.
• Insiders sold roughly 160,241 shares (~$37.7M) last quarter, and investors are weighing that against risks from heavy AI-related capex that has pressured free cash flow even as Amazon launches new monetization moves like opening its logistics network (ASCS).

Welch Group LLC raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 65,396 shares of the e-commerce giant's stock after buying an additional 2,373 shares during the period. Welch Group LLC's holdings in Amazon.com were worth $15,095,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of AMZN. Fairway Wealth LLC increased its holdings in shares of Amazon.com by 113.2% during the 3rd 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 in the last quarter. Sellwood Investment Partners LLC purchased a new stake in Amazon.com during the third quarter worth $27,000. Bridge Generations Wealth Management LLC boosted its holdings 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 buying an additional 233 shares in the last quarter. Cooksen Wealth LLC grew 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 valued at $54,000 after buying an additional 47 shares during the period. Finally, PayPay Securities Corp grew its position in Amazon.com by 62.3% during the third quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant's stock valued at $55,000 after buying an additional 96 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $273.54 on Wednesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01. Amazon.com, Inc. has a 12 month low of $183.85 and a 12 month high of $278.56. The stock has a market capitalization of $2.94 trillion, a P/E ratio of 32.72, a PEG ratio of 1.98 and a beta of 1.46. The business has a 50 day simple moving average of $224.90 and a two-hundred day simple moving average of $227.88.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, beating the consensus estimate of $1.63 by $1.15. The firm had revenue of $181.52 billion during the quarter, compared to the consensus estimate of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The firm's revenue was up 16.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.59 EPS. As a group, analysts predict that Amazon.com, Inc. will post 7.95 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 17,751 shares of the business's stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the transaction, the chief executive officer owned 9,405 shares of the company's stock, valued at approximately $1,930,094.10. The trade was a 65.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP David Zapolsky sold 10,649 shares of the business's 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 directly owned 41,190 shares in the company, valued at $8,461,661.70. This trade represents a 20.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 160,241 shares of company stock worth $37,667,441. 8.90% of the stock is owned by company insiders.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Amazon launched "Amazon Supply Chain Services" (ASCS), opening its freight/fulfillment/parcel network to outside businesses — a new addressable market investors compare to the AWS monetization playbook. Amazon opens up its logistics network to other businesses
• Positive Sentiment: Q1 results beat and CEO Andy Jassy’s defense of massive AI spending reassured investors: AWS growth reaccelerated and management framed capex as a long‑term ROI play. Andy Jassy says Amazon investors will be rewarded by all its AI spending
• Positive Sentiment: Several firms raised price targets (examples include BNP Paribas/others), which amplifies buyer appetite and validates the growth/AI/logistics thesis. BNP Paribas raises target
• Positive Sentiment: Amazon expanded same‑day fresh grocery deliveries to business customers, extending recurring demand and cross‑sell opportunities for fulfillment and advertising. Amazon Business same‑day grocery
• Neutral Sentiment: Insider sales by executives and directors were disclosed (10b5‑1 plan executions); these look like planned liquidity rather than a strategic red flag but are being watched. SEC Form 4
• Neutral Sentiment: Unusual, high options volume and institutional flows are amplifying intraday moves — important for short‑term volatility but not a directional fundamental change. Options volume story
• Neutral Sentiment: Internal AI tooling rollouts (Claude Code, Codex) and experiments merging AI chat into search improve operations/UX but have unclear near‑term revenue impact. Internal AI tooling adoption
• Negative Sentiment: Heavy AI capex has driven free cash flow sharply lower; analysts warn this raises execution and timing risk if AWS/AI revenue doesn't scale to absorb the spending. FCF pressure analysis
• Negative Sentiment: Some analysts caution that reported earnings growth may be partly driven by AI lab demand (OpenAI/Anthropic) concentrated in cloud backlogs — a “mirage” risk if those relationships or margins change. Analyst mirage warning
• Negative Sentiment: Macro/inflationary concerns: large hyperscaler AI spending could feed energy and wage pressures, a multiplier for margin and valuation risk across the sector. Inflation risk piece

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Mizuho upped their price objective on shares of Amazon.com from $315.00 to $325.00 and gave the stock an "outperform" rating in a research report on Tuesday, April 28th. KeyCorp raised their target price on Amazon.com from $325.00 to $330.00 and gave the company an "overweight" rating in a research report on Thursday, April 30th. Benchmark lifted their price target on Amazon.com from $275.00 to $370.00 and gave the company a "buy" rating in a research note on Thursday, April 30th. Tigress Financial upped their price target on Amazon.com from $305.00 to $315.00 and gave the stock a "buy" rating in a report on Wednesday, March 25th. Finally, Stifel Nicolaus set a $319.00 price target on Amazon.com and gave the stock a "buy" rating in a research report on Thursday, April 30th. Fifty-six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Amazon.com has a consensus rating of "Moderate Buy" and an average target price of $313.09.

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.

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