Amazon.com, Inc. $AMZN Shares Purchased by Franklin Street Advisors Inc. NC

Key Points

• Franklin Street Advisors increased its Amazon stake by 3.4% to 341,409 shares (worth about $78.8M), making AMZN roughly 4.5% of the fund and its 5th largest holding.
• Amazon reported $1.95 EPS for the quarter, missing estimates by $0.02, while revenue of $213.39B beat estimates and was up 13.6% year‑over‑year.
• Amazon deepened its Anthropic partnership (potentially up to $25B) and Anthropic committed large AWS spend, boosting long‑term AWS demand, but analysts warn the AI investment cycle and recent antitrust scrutiny could pressure margins and increase regulatory risk.

Franklin Street Advisors Inc. NC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 341,409 shares of the e-commerce giant's stock after acquiring an additional 11,366 shares during the quarter. Amazon.com comprises approximately 4.5% of Franklin Street Advisors Inc. NC's holdings, making the stock its 5th largest position. Franklin Street Advisors Inc. NC's holdings in Amazon.com were worth $78,804,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Amazon.com in the second quarter valued at approximately $27,438,011,000. Nuveen LLC bought a new position in shares of Amazon.com in the first quarter valued at approximately $11,674,091,000. Laurel Wealth Advisors LLC raised its position in shares of Amazon.com by 22,085.8% in the second 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 purchasing an additional 12,122,668 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Amazon.com by 21.3% in the first 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 purchasing an additional 10,176,835 shares during the period. Finally, Capital Research Global Investors raised its position in shares of Amazon.com by 11.3% in the third 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 purchasing an additional 9,583,217 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Up 2.2%

Shares of NASDAQ:AMZN opened at $255.36 on Thursday. Amazon.com, Inc. has a 52 week low of $178.85 and a 52 week high of $258.60. 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's fifty day moving average is $216.43 and its 200-day moving average is $225.75. The company has a market capitalization of $2.75 trillion, a PE ratio of 35.62, a P/E/G ratio of 1.87 and a beta of 1.38.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.02). Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The firm had revenue of $213.39 billion during the quarter, compared to analyst estimates of $211.02 billion. During the same quarter in the prior year, the firm posted $1.86 EPS. The firm's revenue for the quarter was up 13.6% on a year-over-year basis. Equities research analysts predict that Amazon.com, Inc. will post 7.72 earnings per share for the current fiscal year.

Insider Activity

In related news, VP Shelley Reynolds sold 2,695 shares of the firm's stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.90, for a total value of $554,900.50. Following the transaction, the vice president owned 119,780 shares in the company, valued at approximately $24,662,702. This trade represents a 2.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas J. Herrington sold 20,500 shares of the firm'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 owned 499,861 shares in the company, valued at $122,465,945. The trade was a 3.94% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 124,186 shares of company stock worth $27,826,739. Corporate insiders own 9.70% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Stifel Nicolaus dropped their price target on shares of Amazon.com from $300.00 to $294.00 and set a "buy" rating on the stock in a research report on Monday, April 13th. Wells Fargo & Company boosted their target price on shares of Amazon.com from $304.00 to $305.00 and gave the stock an "overweight" rating in a research report on Thursday, April 2nd. Morgan Stanley reaffirmed an "overweight" rating and set a $300.00 target price (down from $315.00) on shares of Amazon.com in a research report on Friday, February 6th. Wall Street Zen lowered shares of Amazon.com from a "buy" rating to a "hold" rating in a research report on Saturday, January 10th. Finally, Truist Financial boosted their target price on shares of Amazon.com from $280.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-four have assigned a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $288.66.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Big AI/AWS headline — Amazon agreed to deepen its Anthropic partnership (another $5B now; up to $25B possible) and Anthropic committed to more than $100B of AWS spend over the next decade, which materially lifts long‑term demand for AWS, Trainium chips and AI infrastructure. Investopedia: Amazon Anthropic deal
• Positive Sentiment: Analyst momentum — Multiple firms (KeyBanc, BofA, Cantor Fitzgerald and others) raised price targets and reiterated Buy/Overweight calls citing accelerating AWS/AI monetization and Amazon’s product roadmap, supporting near‑term upside into earnings. Blockonomi: KeyBanc price target
• Positive Sentiment: Healthcare expansion — Amazon launched a nationwide GLP‑1 weight‑loss program through One Medical and Amazon Pharmacy, which could create recurring prescription and pharmacy revenue, broaden services and pressure incumbents’ pricing. This diversification is viewed positively by investors. CNBC: Amazon GLP-1 program
• Neutral Sentiment: Insider activity — CEO Andy Jassy sold 31,000 shares under a pre‑arranged Rule 10b5‑1 plan (disclosed filing); size is small versus his holdings and consistent with routine diversification rather than a warning on fundamentals. SEC Form 4: Jassy sale
• Neutral Sentiment: Sustainability/ops note — Amazon will deploy 75 electric heavy‑duty trucks with Einride for U.S. freight routes; modest operational and ESG benefit but limited near‑term revenue impact. Reuters: Einride electric trucks
• Negative Sentiment: Antitrust/legal risk — California’s Attorney General released filings alleging Amazon pressured vendors to raise prices at rivals, renewing scrutiny that could lead to fines, remedies or operational constraints if cases advance. This raises regulatory uncertainty for retail operations. Reuters: California price‑fixing allegations
• Negative Sentiment: Profitability/capex concerns — Analysts praise revenue visibility from Anthropic but warn the huge AI investment cycle (chips, data centers, Trainium scale) increases capital and operating intensity and could pressure margins and free cash flow in the near term. Proactive Investors: AI capex and profitability debate

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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