Amazon.com, Inc. $AMZN Shares Purchased by Mirabaud & Cie SA

Key Points

• Mirabaud & Cie SA increased its Amazon stake 5.0% in Q4 to 69,380 shares (added 3,327 shares), valuing the position at about $16.0 million and making AMZN its sixth-largest holding (~5.2% of assets).
• AI/cloud and chip growth: CEO Andy Jassy disclosed AWS AI revenue above $15B run‑rate and a custom‑chip business over $20B run‑rate (with ~$50B potential), plus a ~$25B data‑center buildout, which has driven analysts to raise ratings and price targets.
• Near-term headwinds include heavy capex that cut free cash flow (from roughly $38B to $11B), a temporary fuel surcharge signaling higher logistics costs, and notable insider selling (72,686 shares, ~$14.9M last quarter).

Mirabaud & Cie SA increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 69,380 shares of the e-commerce giant's stock after purchasing an additional 3,327 shares during the period. Amazon.com accounts for about 5.2% of Mirabaud & Cie SA's holdings, making the stock its 6th biggest holding. Mirabaud & Cie SA's holdings in Amazon.com were worth $16,014,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Fairway Wealth LLC boosted its stake in Amazon.com by 113.2% during the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant's stock worth $25,000 after buying an additional 60 shares during the period. Sellwood Investment Partners LLC purchased a new position in Amazon.com during the third quarter worth about $27,000. Bridge Generations Wealth Management LLC boosted its stake 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 during the period. Cooksen Wealth LLC boosted its stake 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 buying an additional 47 shares during the period. Finally, PayPay Securities Corp boosted its stake in Amazon.com by 62.3% during the third quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant's stock worth $55,000 after buying an additional 96 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Key Amazon.com News

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

• Positive Sentiment: CEO Andy Jassy disclosed AWS AI revenue and a booming custom‑chip business (>$15B AI revenue run‑rate; >$20B chip run‑rate with $50B potential), which validates large AI investments and re‑positions Amazon as a cloud/AI growth leader. Amazon says annual revenue run rate for chips business now over $20 billion
• Positive Sentiment: Amazon announced a major data‑center buildout (reported ~$25B) to support AWS and AI demand — a longer‑term revenue and scale catalyst for cloud and chip adoption. Amazon Stock (AMZN) Pops on $25B Data Center Buildout in Mississippi
• Positive Sentiment: Analysts turned more constructive after the letter; Jefferies and other firms reiterated/raised ratings and price targets, supporting upside momentum. Amazon CEO Andy Jassy's shareholder letter boosts analyst confidence in AI trajectory
• Neutral Sentiment: Macro tailwinds (ceasefire headlines and a broader risk‑on move) have buoyed large-cap tech, helping AMZN rally alongside other AI beneficiaries. Dow Jones Futures: Iran Talks, Earnings In Focus; Google, Amazon, Nvidia In Buy Areas
• Neutral Sentiment: Retail/healthcare execution news — Amazon Pharmacy will offer Eli Lilly’s new GLP‑1 pill via same‑day delivery and kiosks, expanding high‑margin pharmacy volume but with modest near‑term margin impact. Amazon to stock Lilly's new weight-loss pill at US kiosks, offer same-day delivery
• Negative Sentiment: Amazon is adding a temporary fuel surcharge on some fulfillment orders — a signal of rising logistics costs that could pressure retail margins or customer behavior. As Fuel Costs Skyrocket, Amazon Is Adding in New Fuel Surcharges. What Does That Mean for AMZN Stock?
• Negative Sentiment: Heavy, ongoing capital spending has dented free cash flow (reported fall from ~$38B to ~$11B as capex surged), which keeps scrutiny on near‑term returns despite long‑term opportunity. Amazon CEO Andy Jassy defends AI investment plan in annual letter to shareholders
• Negative Sentiment: Insider activity and other data show sustained insider selling and active analyst attention — a mixed signal that some insiders are harvesting gains even as the street raises targets. QQQ is up 0.4% today, on AMZN stock price movement

Analysts Set New Price Targets

Several research analysts have weighed in on AMZN shares. William Blair reaffirmed an "outperform" rating on shares of Amazon.com in a research note on Thursday. The Goldman Sachs Group increased their target price on shares of Amazon.com from $290.00 to $300.00 and gave the stock a "buy" rating in a research note on Wednesday, January 14th. Bank of America lowered their target price on shares of Amazon.com from $303.00 to $286.00 and set a "buy" rating for the company in a research note on Tuesday, January 27th. Tigress Financial increased their target price on shares of Amazon.com from $305.00 to $315.00 and gave the stock a "buy" rating in a research note on Wednesday, March 25th. Finally, Barclays reaffirmed a "buy" rating on shares of Amazon.com in a research note on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $287.39.

Insiders Place Their Bets

In other news, SVP David Zapolsky sold 10,649 shares of the firm's stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total value of $2,187,624.07. Following the completion of the transaction, the senior vice president owned 41,190 shares of the company's stock, valued at approximately $8,461,661.70. This trade represents a 20.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Matthew S. Garman sold 17,751 shares of the firm's stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the completion of the sale, the chief executive officer directly owned 9,405 shares in the company, valued at approximately $1,930,094.10. This trade represents a 65.37% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 72,686 shares of company stock valued at $14,899,239. 9.70% of the stock is owned by company insiders.

Amazon.com Trading Up 2.0%

NASDAQ AMZN opened at $238.38 on Friday. The firm has a 50 day simple moving average of $211.96 and a 200-day simple moving average of $224.15. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. Amazon.com, Inc. has a one year low of $165.29 and a one year high of $258.60. The firm has a market cap of $2.56 trillion, a price-to-earnings ratio of 33.25, a PEG ratio of 1.79 and a beta of 1.38.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $213.39 billion during the quarter, compared to analysts' expectations of $211.02 billion. During the same period in the previous year, the business posted $1.86 EPS. The company's revenue for the quarter was up 13.6% compared to the same quarter last year. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 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.

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