Brown Lisle Cummings Inc. Buys 3,145 Shares of Amazon.com, Inc. $AMZN

Key Points

• Brown Lisle Cummings Inc. raised its stake in Amazon.com (AMZN) by 6.2% in Q4, purchasing an additional 3,145 shares to hold 53,977 shares worth $12.46M, which is 3.1% of the firm's portfolio and its fifth-largest position.
• Company insiders have been selling recently — Matthew S. Garman sold 17,751 shares and Andrew R. Jassy sold 31,000 shares — with insiders offloading 124,186 shares (~$27.8M) in the last quarter while still owning 8.9% of the stock.
• Major institutions (Norges Bank, Nuveen, Goldman Sachs, Capital Research, etc.) continue to add to AMZN, institutional ownership is 72.20%, and analysts maintain a consensus "Moderate Buy" rating with a $289.21 target price.

Brown Lisle Cummings Inc. grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 53,977 shares of the e-commerce giant's stock after purchasing an additional 3,145 shares during the quarter. Amazon.com accounts for 3.1% of Brown Lisle Cummings Inc.'s investment portfolio, making the stock its 5th biggest position. Brown Lisle Cummings Inc.'s holdings in Amazon.com were worth $12,459,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of AMZN. Norges Bank purchased a new stake in shares of Amazon.com during the second quarter worth about $27,438,011,000. Nuveen LLC purchased a new stake in shares of Amazon.com during the first quarter worth about $11,674,091,000. Laurel Wealth Advisors LLC increased its position in shares of Amazon.com by 22,085.8% during the second quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant's stock worth $2,671,634,000 after acquiring an additional 12,122,668 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock worth $11,017,657,000 after acquiring an additional 10,176,835 shares during the last quarter. Finally, Capital Research Global Investors increased its position in shares of Amazon.com by 11.3% during the third quarter. Capital Research Global Investors now owns 94,284,962 shares of the e-commerce giant's stock worth $20,702,362,000 after acquiring an additional 9,583,217 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Insiders Place Their Bets

In related news, CEO Matthew S. Garman sold 17,751 shares of the firm's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.22, for a total value of $3,642,860.22. Following the sale, the chief executive officer owned 9,405 shares of the company's stock, valued at approximately $1,930,094.10. This trade represents a 65.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Andrew R. Jassy sold 31,000 shares of the firm's stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $255.00, for a total value of $7,905,000.00. Following the completion of the sale, the chief executive officer directly owned 2,207,118 shares in the company, valued at approximately $562,815,090. This trade represents a 1.39% 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. In the last quarter, insiders have sold 124,186 shares of company stock worth $27,826,739. 8.90% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Jefferies Financial Group reaffirmed a "buy" rating on shares of Amazon.com in a research report on Friday. Citizens Jmp reaffirmed a "market outperform" rating and set a $315.00 target price on shares of Amazon.com in a research report on Friday, April 10th. Oppenheimer lifted their target price on Amazon.com from $260.00 to $275.00 and gave the stock an "outperform" rating in a research report on Friday. UBS Group lifted their target price on Amazon.com from $301.00 to $304.00 and gave the stock a "buy" rating in a research report on Thursday, April 23rd. Finally, Daiwa Securities Group dropped their target price on Amazon.com from $300.00 to $280.00 and set a "buy" rating on the stock in a research report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Amazon.com currently has a consensus rating of "Moderate Buy" and a consensus target price of $289.21.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Amazon is scoring multiple AI infrastructure wins — expanding its Anthropic partnership, striking large deals to supply in‑house chips to Meta and scaling AWS AI revenue — reinforcing the view that AWS is reaccelerating growth and driving structural upside. Amazon-Anthropic: Generational AI Partnership
• Positive Sentiment: OpenAI’s move away from exclusive Microsoft access opens the door for Amazon to host more OpenAI workloads on AWS — a potential revenue driver for cloud and AI services. OpenAI ends Microsoft exclusivity
• Positive Sentiment: Amazon’s custom‑chip business is rapidly scaling (analysts compare its size to major chipmakers), creating a new high‑margin growth vector beyond retail and basic cloud compute. Amazon chip business growth
• Positive Sentiment: Content and monetization push — Wondery landed an exclusive multi‑year deal for Oprah’s podcast/video content, supporting Prime/ads revenue diversification. Amazon secures Oprah podcast rights
• Neutral Sentiment: Near‑term volatility risk as Amazon reports Q1 on Apr 29 and the Fed meets this week — options/implied vol suggest traders expect a sizable move around earnings. Options traders expect major move
• Neutral Sentiment: Market backdrop is mixed (rising oil, geopolitical headlines), which could mute broader tech momentum even as AI themes remain supportive. MarketToday: rally stalls
• Negative Sentiment: Rising capital expenditure expectations: commentary and analysis flag FY26 capex plans (~$200B) that could pressure near‑term margins and free cash flow even as they fund AI/cloud scale. Amazon Q1 capex story
• Negative Sentiment: Regulatory/legal risk — California unsealed evidence in a price‑fixing probe that could lead to enforcement action or reputational/legal costs. California price-fixing evidence
• Negative Sentiment: Large recent insider selling and aggressive institutional rebalancing (some big portfolio reductions reported) add to near‑term supply pressure and narrative risk for shares. QuiverQuant AMZN ownership and insider activity

Amazon.com Stock Down 1.1%

Shares of NASDAQ:AMZN opened at $261.02 on Tuesday. The stock has a market capitalization of $2.81 trillion, a price-to-earnings ratio of 36.40, a price-to-earnings-growth ratio of 1.97 and a beta of 1.38. Amazon.com, Inc. has a 1-year low of $178.85 and a 1-year high of $264.50. The company's fifty day moving average is $220.09 and its two-hundred day moving average is $226.53. 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 (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.02). The business had revenue of $213.39 billion for the quarter, compared to analyst estimates of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.Amazon.com's revenue was up 13.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.86 EPS. Equities analysts anticipate that Amazon.com, Inc. will post 7.74 EPS for the current 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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