J.M. Arbour LLC Takes Position in Amazon.com, Inc. $AMZN

Key Points

• J.M. Arbour LLC opened a new position in Amazon in Q4, buying 5,198 shares worth about $1.2M (Amazon is 1.2% of the firm's holdings and its 27th-largest position), and several other institutions also increased stakes as institutional ownership stands at 72.20%.
• Insiders sold heavily in the last quarter—131,741 shares worth $29.84M—including SVP David Zapolsky (10,649 shares, ~$2.19M) and CEO Douglas J. Herrington (20,500 shares, ~$5.02M, executed under a pre-arranged Rule 10b5-1 plan); company insiders now own 8.90% of the stock.
• Amazon beat Q1 expectations (EPS $2.78 vs. $1.63 estimate; revenue $181.5B vs. $177.3B), launched Amazon Supply Chain Services to monetize its logistics network, and received multiple analyst upgrades leaving a consensus rating of "Moderate Buy" with a $311.65 price target.

J.M. Arbour LLC purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 5,198 shares of the e-commerce giant's stock, valued at approximately $1,200,000. Amazon.com accounts for 1.2% of J.M. Arbour LLC's holdings, making the stock its 27th largest position.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Iams Wealth Management LLC boosted its holdings in shares of Amazon.com by 44.8% in the 4th quarter. Iams Wealth Management LLC now owns 18,355 shares of the e-commerce giant's stock valued at $4,237,000 after buying an additional 5,678 shares during the period. O Connor Financial Group LLC boosted its holdings in shares of Amazon.com by 2.8% in the 4th quarter. O Connor Financial Group LLC now owns 3,286 shares of the e-commerce giant's stock valued at $786,000 after buying an additional 91 shares during the period. Marion Wealth Management boosted its holdings in shares of Amazon.com by 1.7% in the 4th quarter. Marion Wealth Management now owns 15,760 shares of the e-commerce giant's stock valued at $3,769,000 after buying an additional 266 shares during the period. Hendershot Investments Inc. boosted its holdings in shares of Amazon.com by 2.0% in the 4th quarter. Hendershot Investments Inc. now owns 75,885 shares of the e-commerce giant's stock valued at $17,516,000 after buying an additional 1,502 shares during the period. Finally, Berkeley Inc boosted its position in Amazon.com by 11.4% during the 4th quarter. Berkeley Inc now owns 37,906 shares of the e-commerce giant's stock valued at $8,749,000 after purchasing an additional 3,888 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, SVP David Zapolsky sold 10,649 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total value of $2,187,624.07. Following the completion of the sale, the senior vice president directly owned 41,190 shares of the company's stock, valued at approximately $8,461,661.70. This represents a 20.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 20,500 shares of the stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $245.00, for a total transaction of $5,022,500.00. Following the completion of the sale, the chief executive officer owned 499,861 shares of the company's stock, valued at approximately $122,465,945. The trade was a 3.94% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 131,741 shares of company stock worth $29,839,291. Company insiders own 8.90% of the company's stock.

Amazon.com Trading Up 1.4%

Shares of AMZN stock opened at $271.90 on Tuesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18. Amazon.com, Inc. has a 1 year low of $183.85 and a 1 year high of $276.10. The stock has a fifty day moving average of $223.63 and a two-hundred day moving average of $227.48. The firm has a market capitalization of $2.92 trillion, a PE ratio of 32.52, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46.

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. DA Davidson boosted their price objective on Amazon.com from $175.00 to $250.00 and gave the company a "neutral" rating in a research report on Thursday, April 30th. Canaccord Genuity Group boosted their price objective on Amazon.com from $300.00 to $330.00 and gave the company a "buy" rating in a research report on Thursday, April 30th. Roth Mkm boosted their price objective on Amazon.com from $285.00 to $300.00 and gave the company a "buy" rating in a research report on Thursday, April 30th. BMO Capital Markets boosted their price objective on Amazon.com from $310.00 to $315.00 and gave the company an "outperform" rating in a research report on Thursday, April 23rd. Finally, Monness Crespi & Hardt boosted their price objective on Amazon.com from $280.00 to $315.00 and gave the company a "buy" rating in a research report on Thursday, April 30th. Fifty-six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $311.65.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Amazon launched "Amazon Supply Chain Services" (ASCS), opening its freight, fulfillment and parcel network to outside businesses — a potential new high-margin revenue stream that investors compare to the AWS monetization playbook; the move knocked down UPS/FDX as the market repriced competitive risk. Amazon opens up its logistics network to other businesses
• Positive Sentiment: Strong Q1 results and management messaging: Amazon beat Q1 EPS/revenue estimates and CEO Andy Jassy emphasized that heavy AI investment is a "once-in-a-generation" opportunity whose returns come later — supporting the long-term growth case for AWS, AI infrastructure and the new logistics product. Andy Jassy says Amazon investors will be rewarded by all its AI spending
• Positive Sentiment: Wall Street momentum: several firms raised targets or reiterated buys (examples include New Street and DZ Bank), adding upside to the stock’s outlook and validating the growth/AI/logistics thesis. DZ Bank raises target
• Neutral Sentiment: Insider transaction: director Jonathan Rubinstein sold ~3,700 shares under a pre-arranged 10b5-1 plan — a disclosed plan sale that typically has limited informational value for fundamentals. Director sale disclosed
• Neutral Sentiment: Internal AI tooling rollout: Amazon adopted Claude Code and Codex company-wide, widening employee access to AI tools — a constructive operational step but one whose near-term revenue impact is unclear. Amazon employees pushed for Claude Code
• Negative Sentiment: CapEx and free‑cash‑flow pressure: analysts and articles point out Amazon’s massive AI/capex spend has materially reduced near-term free cash flow, which could concern investors if returns take longer to materialize. Monitor capex-to-revenue and FCF trends. CapEx reduces FCF
• Negative Sentiment: Macro inflation/cost risk: commentary warns that hyperscaler AI spending could add to inflationary pressure (energy, wages, tariffs), which would be a headwind for multiples and margins across the market. Think AI spending won’t stoke inflation?

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.