Douglas Lane & Associates LLC Buys 44,348 Shares of Amazon.com, Inc. $AMZN

Key Points

• Douglas Lane & Associates LLC increased its Amazon stake by 9.6%, adding 44,348 shares to hold 507,234 shares worth about $117.08 million, representing ~1.6% of its portfolio and its 11th-largest position.
• CEO Andrew R. Jassy sold 31,000 shares at roughly $255 each under a Rule 10b5-1 plan (~$7.9M), part of broader insider sales of 124,186 shares (~$27.8M) last quarter while institutional investors own about 72.2% of the stock.
• AWS momentum and analyst optimism: Amazon landed major cloud deals (Meta for Graviton5 cores and an expanded Anthropic partnership) that support sustained AWS demand, and analysts rate the stock a "Moderate Buy" with an average price target near $289.21.

Douglas Lane & Associates LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 9.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 507,234 shares of the e-commerce giant's stock after acquiring an additional 44,348 shares during the quarter. Amazon.com comprises approximately 1.6% of Douglas Lane & Associates LLC's portfolio, making the stock its 11th biggest position. Douglas Lane & Associates LLC's holdings in Amazon.com were worth $117,080,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of AMZN. Fairway Wealth LLC increased its holdings in Amazon.com by 113.2% in the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant's stock worth $25,000 after buying an additional 60 shares in the last quarter. Sellwood Investment Partners LLC bought a new stake in Amazon.com in the 3rd quarter worth about $27,000. Bridge Generations Wealth Management LLC increased its holdings in Amazon.com by 2,330.0% in the 3rd 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 in the last quarter. Cooksen Wealth LLC increased its holdings in Amazon.com by 23.5% in the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant's stock worth $54,000 after buying an additional 47 shares in the last quarter. Finally, PayPay Securities Corp increased its holdings in Amazon.com by 62.3% in the 3rd quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant's stock worth $55,000 after buying an additional 96 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Insider Activity

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 transaction 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,695 shares of Amazon.com stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $205.90, for a total value of $554,900.50. Following the transaction, the vice president directly owned 119,780 shares in the company, valued at approximately $24,662,702. The trade was a 2.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 124,186 shares of company stock worth $27,826,739. 9.70% of the stock is currently owned by corporate insiders.

Amazon.com Trading Up 3.5%

Shares of NASDAQ:AMZN opened at $263.99 on Friday. The stock has a market capitalization of $2.84 trillion, a price-to-earnings ratio of 36.82, a PEG ratio of 1.90 and a beta of 1.38. 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 stock's 50-day simple moving average is $218.84 and its two-hundred day simple moving average is $226.25. Amazon.com, Inc. has a 52-week low of $178.85 and a 52-week high of $264.50.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) 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 analysts' expectations of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The company's revenue for the quarter was up 13.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.86 earnings per share. Analysts expect that Amazon.com, Inc. will post 7.74 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on AMZN shares. Argus reiterated a "buy" rating and issued a $325.00 price objective on shares of Amazon.com in a report on Friday, February 6th. President Capital reduced their price objective on Amazon.com from $320.00 to $296.00 and set a "buy" rating for the company in a report on Tuesday, February 10th. The Goldman Sachs Group reiterated a "buy" rating on shares of Amazon.com in a report on Tuesday, April 14th. Raymond James Financial dropped their target price on Amazon.com from $260.00 to $225.00 and set an "outperform" rating on the stock in a research report on Friday, February 6th. Finally, Wells Fargo & Company raised their target price on Amazon.com from $305.00 to $307.00 and gave the stock an "overweight" rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, fifty-four have assigned a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, Amazon.com has an average rating of "Moderate Buy" and an average price target of $289.21.

Amazon.com News Summary

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

• Positive Sentiment: Major customer win for AWS custom chips — Meta signed a multiyear deal to deploy "tens of millions" of AWS Graviton5 cores for agentic AI workloads, a multibillion‑dollar contract that directly boosts AWS chip revenue and validates Amazon’s custom silicon strategy. Meta strikes deal with Amazon's cloud unit
• Positive Sentiment: Analysts lifting targets and reaffirming buys — Multiple firms have raised price targets and reiterated buy/overweight ratings, signaling stronger sell‑side conviction ahead of earnings and supporting the rally. Top Analysts Raise Amazon Stock (AMZN) Price Targets
• Positive Sentiment: Expanded Anthropic partnership locks long‑term AWS demand — Coverage highlights a bigger Anthropic commitment (and recent $5B deal), which implies sustained, high‑margin cloud revenue but also sizable compute and capex commitments from Amazon. Amazon and Anthropic $5 Billion Deal
• Positive Sentiment: Amazon‑backed X‑Energy IPO rally highlights ecosystem wins — The strong debut of X‑Energy (an Amazon‑backed SMR startup) underscores investor appetite for companies tied to AI power/data‑center infrastructure and reflects Amazon’s strategic ecosystem bets. X‑Energy Nasdaq Debut
• Neutral Sentiment: Upcoming Q1 earnings (Apr 29) are a short‑term volatility trigger — Consensus expects follow‑through on AWS strength, so results and margin/capex commentary will drive next moves. Earnings Preview: Expected Move
• Neutral Sentiment: Operational changes and selective layoffs/role renames (e.g., "builder" titles) could modestly affect culture and execution but are not immediate share‑price drivers. Amazon replaces job titles
• Negative Sentiment: Insider selling by CEO — Recent disclosure shows CEO stock sales (~$7.9M), which can create short‑term investor concern over insider timing even if routine. CEO Insider Selling
• Negative Sentiment: Legal/regulatory risk — California AG alleges Amazon pressured vendors on pricing in unsealed filings, a potential multi‑jurisdictional legal overhang that could create headline risk and fines. California price‑fixing allegations

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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