Consolidated Portfolio Review Corp Has $7.34 Million Stake in Amazon.com, Inc. $AMZN

Key Points

• Consolidated Portfolio Review Corp cut its Amazon stake by 14.9% in Q4 to 31,780 shares worth about $7.34 million, representing roughly 0.6% of the fund's portfolio and its 18th-largest position.
• Amazon posted a strong Q1 beat (EPS $2.78 vs $1.63; revenue $181.52B) with AWS reaccelerating, prompting analyst upgrades and a consensus target near $310, though rising chip/memory costs and large AI capex raise near-term cash‑burn concerns.

Consolidated Portfolio Review Corp reduced its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 14.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,780 shares of the e-commerce giant's stock after selling 5,546 shares during the quarter. Amazon.com comprises about 0.6% of Consolidated Portfolio Review Corp's portfolio, making the stock its 18th biggest position. Consolidated Portfolio Review Corp's holdings in Amazon.com were worth $7,335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Norges Bank acquired a new stake in shares of Amazon.com in the 2nd quarter valued at $27,438,011,000. Nuveen LLC bought a new stake in shares of Amazon.com during the first quarter worth $11,674,091,000. Laurel Wealth Advisors LLC lifted its stake 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 valued at $2,671,634,000 after acquiring an additional 12,122,668 shares during the period. Goldman Sachs Group Inc. lifted its stake 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 valued at $11,017,657,000 after acquiring an additional 10,176,835 shares during the period. Finally, Capital Research Global Investors boosted its holdings in 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 acquiring an additional 9,583,217 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN opened at $268.38 on Friday. The firm's 50 day simple moving average is $223.63 and its 200 day simple moving average is $227.40. Amazon.com, Inc. has a fifty-two week low of $183.85 and a fifty-two week high of $273.88. The company has a market capitalization of $2.89 trillion, a price-to-earnings ratio of 32.10, a P/E/G ratio of 2.01 and a beta of 1.46. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 0.88.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The firm had revenue of $181.52 billion during the quarter, compared to analysts' expectations of $177.28 billion. During the same quarter in the previous year, the company earned $1.59 earnings per share. The business's revenue for the quarter was up 16.6% on a year-over-year basis. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 7.71 earnings per share for the current year.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Q1 beat: Amazon reported a double‑beat on revenue and EPS, with AWS reaccelerating (large YoY cloud growth and record margins) — this is the core bullish driver for the rally. Amazon Q1 2026 earnings results beat EPS and revenue expectations
• Positive Sentiment: Pentagon AI deals: The U.S. DoD signed agreements that include Amazon Web Services to run AI tools on classified networks — a strategic endorsement for AWS as a secure enterprise AI supplier. Pentagon signs new military AI deals with Nvidia, Microsoft and Amazon
• Positive Sentiment: Analyst upgrades and target hikes: Dozens of firms raised price targets (Morgan Stanley, JPMorgan, Canaccord, Bank of America, etc.), with several new $300+ targets — supporting bullish sentiment and pushing buy ratings. Cluster of price‑target raises and buy ratings for AMZN
• Positive Sentiment: Trainium / in‑house chips: Amazon’s Trainium business shows meaningful revenue commitments and a path to become a standalone AI‑hardware revenue stream, which repositions AMZN as a “picks‑and‑shovels” AI supplier. How the Trainium chip business could move the needle for Amazon
• Neutral Sentiment: Partnerships and product rollout: AWS expanded Bedrock/OpenAI integrations and new agentic AI tools (Rufus, Quick, Connect apps), which add long‑term optionality but will require execution. AWS, OpenAI partner to integrate frontier models into Bedrock
• Negative Sentiment: CapEx and chip costs: Management flagged rising memory/chip prices and a large AI capex program that is eating into free cash flow; Goldman and others warned the hyperscaler spending binge increases near‑term cash burn risk. Jassy: soaring chip prices could pressure Amazon's capex
• Negative Sentiment: Market reaction nuance: Despite the beat, some investors sold on the size/timing of AI investments and softer near‑term guidance, which previously produced intraday dips after earnings. Why AMZN dipped after strong Q1 — capex concerns

Insider Activity at Amazon.com

In other news, CEO Matthew S. Garman sold 17,751 shares of the business's stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total value of $3,642,860.22. Following the completion of the transaction, the chief executive officer owned 9,405 shares of the company's stock, valued at $1,930,094.10. The trade was a 65.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jonathan Rubinstein sold 3,849 shares of the company's stock in a transaction on Friday, April 24th. The shares were sold at an average price of $260.00, for a total transaction of $1,000,740.00. Following the completion of the sale, the director owned 78,654 shares of the company's stock, valued at approximately $20,450,040. This represents a 4.67% 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 quarter, insiders sold 128,035 shares of company stock valued at $28,827,479. 8.90% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on AMZN. Moffett Nathanson boosted their price objective on Amazon.com from $283.00 to $288.00 and gave the stock a "buy" rating in a report on Tuesday, April 7th. HSBC raised their target price on shares of Amazon.com from $280.00 to $310.00 and gave the company a "buy" rating in a research note on Thursday. Weiss Ratings cut shares of Amazon.com from a "buy (b)" rating to a "buy (b-)" rating in a research report on Wednesday, April 22nd. Susquehanna reissued a "positive" rating and set a $325.00 price target (up from $300.00) on shares of Amazon.com in a research note on Thursday. Finally, TD Securities upgraded shares of Amazon.com to a "buy" rating in a report on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, fifty-five have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $310.25.

Amazon.com 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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