Castellan Group Makes New Investment in Amazon.com, Inc. $AMZN

Key Points

• Castellan Group acquired 35,809 shares of Amazon in Q4 valued at approximately $8,265,000, making AMZN about 1.0% of its portfolio and its sixth-largest holding.
• Large institutions continue to add to Amazon—hedge funds and other institutions own 72.20% of the stock—and Wall Street's consensus is a Moderate Buy with an average price target of $289.39 (several firms have recently raised targets, including Mizuho to $325).
• Insider selling has occurred recently: CEO Andrew R. Jassy sold 31,000 shares for $7,905,000, and insiders sold 128,035 shares worth $28,827,479 over the last 90 days, largely under pre‑arranged 10b5‑1 plans.

Castellan Group acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 35,809 shares of the e-commerce giant's stock, valued at approximately $8,265,000. Amazon.com makes up 1.0% of Castellan Group's portfolio, making the stock its 6th biggest holding.

Several other large investors have also recently bought and sold shares of the business. Norges Bank purchased a new position in shares of Amazon.com in the second quarter valued at $27,438,011,000. Nuveen LLC purchased a new position in shares of Amazon.com in the first quarter valued at $11,674,091,000. Laurel Wealth Advisors LLC increased 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 buying an additional 12,122,668 shares in the last quarter. Goldman Sachs Group Inc. increased 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 buying an additional 10,176,835 shares in the last quarter. Finally, Capital Research Global Investors increased 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 buying an additional 9,583,217 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. JPMorgan Chase & Co. raised their price target on Amazon.com from $265.00 to $280.00 and gave the company an "overweight" rating in a research report on Wednesday, March 25th. Maxim Group raised their price target on Amazon.com from $280.00 to $290.00 and gave the company a "buy" rating in a research report on Friday, February 6th. Benchmark restated a "buy" rating on shares of Amazon.com in a research report on Thursday, January 29th. Wedbush dropped their price target on Amazon.com from $340.00 to $300.00 and set an "outperform" rating for the company in a research report on Friday, February 6th. Finally, Mizuho increased their price objective on Amazon.com from $315.00 to $325.00 and gave the company an "outperform" rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, fifty-five have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $289.39.

Insiders Place Their Bets

In other news, CEO Andrew R. Jassy sold 31,000 shares of Amazon.com stock in a transaction dated 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 transaction, the chief executive officer directly owned 2,207,118 shares of the company's stock, valued at $562,815,090. The trade was a 1.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jonathan Rubinstein sold 3,849 shares of Amazon.com stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $260.00, for a total value of $1,000,740.00. Following the completion of the transaction, the director directly owned 78,654 shares in the company, valued at $20,450,040. This represents a 4.67% decrease in their ownership of the stock. 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 sold 128,035 shares of company stock worth $28,827,479. 8.90% of the stock is owned by insiders.

Amazon.com Stock Performance

NASDAQ AMZN opened at $259.70 on Wednesday. The firm has a market capitalization of $2.79 trillion, a P/E ratio of 36.22, a P/E/G ratio of 1.95 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 has a debt-to-equity ratio of 0.16, a current ratio of 1.05 and a quick ratio of 0.88. The business's 50-day simple moving average is $221.26 and its 200-day simple moving average is $226.83.

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 firm had revenue of $213.39 billion during the quarter, compared to analyst estimates of $211.02 billion. Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The business's revenue for the quarter was up 13.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.86 earnings per share. Equities analysts predict that Amazon.com, Inc. will post 7.71 EPS for the current year.

Trending Headlines about Amazon.com

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

• Positive Sentiment: OpenAI models are now coming to Amazon Bedrock/AWS in limited preview — a major distribution win for AWS that strengthens Amazon’s position as an AI infrastructure provider and could lift high‑margin cloud revenue. OpenAI expands Amazon deal after Microsoft loosens exclusivity terms
• Positive Sentiment: Mizuho raised its AMZN price target to $325 and reiterated an Outperform rating, signaling bullish analyst conviction that AWS (and Amazon’s chips/AI stack) is the core long‑term driver. Mizuho Raises Amazon Price Target to $325
• Positive Sentiment: Amazon rolled out new AI features — interactive audio Q&A on product pages and expanded Amazon Connect agentic tools for supply‑chain, HR and customer service — which help monetize AI across retail, ads and enterprise services. Amazon launches an AI-powered audio Q&A experience on product pages
• Positive Sentiment: Amazon secured exclusive multi‑year rights to Oprah Winfrey’s podcast content — a content/ad monetization catalyst for Amazon Music/Wondery and advertising growth. Amazon secures exclusive rights to Oprah Winfrey's podcast
• Neutral Sentiment: Q1 earnings are due after the close (April 29). The report is the proximate catalyst — strong AWS/AI disclosures could push shares higher, but heavy capex and margin commentary could trigger short‑term volatility. 'Get Ready,' Says Top Analyst as Amazon Stock Heads Into 'Hyperscaler Wednesday'
• Neutral Sentiment: Wall Street remains largely bullish (many buy ratings and higher targets), creating upside but also setting high expectations going into earnings. Amazon Pulls The Mag 7 Higher
• Negative Sentiment: Insider sale: Director Jonathan Rubinstein sold ~3,849 shares under a 10b5‑1 plan — a routine disclosure but often watched by investors as potential near‑term selling pressure. Director Jonathan Rubinstein SEC filing
• Negative Sentiment: EU regulators signaled plans to target cloud and AI under new Big Tech rules — increased regulation could raise compliance costs and limit some commercial flexibility in Europe. EU rules reining in Big Tech will now target cloud services and AI
• Negative Sentiment: Retail investor caution and macro/AI sentiment swings raise the chance of a post‑earnings unwind even if results are strong — positioning is crowded. Amazon Loses the Faith of Retail Investors Ahead of Q1 Earnings

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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