Lansing Street Advisors Raises Stake in Amazon.com, Inc. $AMZN

Key Points

• Lansing Street Advisors raised its stake in Amazon by 45.5% in Q4, buying 2,793 shares to hold 8,934 shares worth about $2.06 million.
• Amazon reported a strong Q1 beat — $2.78 EPS vs $1.63 expected and revenue of $181.5B (vs $177.3B), prompting multiple analyst upgrades and a consensus target of about $310.25 with a "Moderate Buy" rating.
• Insiders have been net sellers recently: CEO Andrew Jassy sold 31,000 shares and Douglas Herrington sold 20,500, with total insider sales of 128,035 shares (~$28.8M) over the past three months, while insiders still own 8.90% of the company.

Lansing Street Advisors raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 45.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,934 shares of the e-commerce giant's stock after purchasing an additional 2,793 shares during the quarter. Lansing Street Advisors' holdings in Amazon.com were worth $2,062,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Fairway Wealth LLC lifted its holdings in shares of Amazon.com by 113.2% in the third 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 purchased a new position in shares of Amazon.com in the third quarter worth $27,000. Bridge Generations Wealth Management LLC lifted its holdings in shares of Amazon.com by 2,330.0% in the third 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 lifted its holdings in shares of Amazon.com by 23.5% in the second 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 lifted its holdings in shares of Amazon.com by 62.3% in the third 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. Hedge funds and other institutional investors own 72.20% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. KeyCorp boosted their target price on shares of Amazon.com from $325.00 to $330.00 and gave the stock an "overweight" rating in a report on Thursday. The Goldman Sachs Group reissued a "buy" rating and issued a $325.00 target price (up from $275.00) on shares of Amazon.com in a report on Thursday. Sanford C. Bernstein reissued an "outperform" rating and issued a $315.00 target price (up from $300.00) on shares of Amazon.com in a report on Thursday. Raymond James Financial reissued an "outperform" rating and issued a $280.00 target price on shares of Amazon.com in a report on Friday. Finally, Wells Fargo & Company reissued an "overweight" rating and issued a $313.00 target price (up from $307.00) on shares of Amazon.com in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, fifty-five have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $310.25.

Insider Buying and Selling at Amazon.com

In other news, CEO Andrew R. Jassy sold 31,000 shares of the business's stock in a transaction on Friday, April 17th. The shares were sold at an average price of $255.00, for a total transaction of $7,905,000.00. Following the completion of the sale, the chief executive officer directly owned 2,207,118 shares of the company's stock, valued at approximately $562,815,090. The trade was a 1.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 20,500 shares of the business's stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $245.00, for a total transaction of $5,022,500.00. Following the sale, the chief executive officer directly owned 499,861 shares of the company's stock, valued at $122,465,945. This represents a 3.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 128,035 shares of company stock valued at $28,827,479. Insiders own 8.90% of the company's stock.

Amazon.com Trading Up 1.3%

Shares of AMZN opened at $268.38 on Friday. The company's fifty day moving average is $223.63 and its 200 day moving average is $227.35. Amazon.com, Inc. has a fifty-two week low of $183.85 and a fifty-two week high of $273.88. The stock has a market capitalization of $2.89 trillion, a PE ratio of 32.10, a P/E/G ratio of 1.98 and a beta of 1.46. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.88 and a current ratio of 1.18.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share 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 business had revenue of $181.52 billion for the quarter, compared to analysts' expectations of $177.28 billion. During the same quarter in the previous year, the business posted $1.59 earnings per share. The business's revenue was up 16.6% compared to the same quarter last year. Sell-side analysts expect that Amazon.com, Inc. will post 7.7 earnings per share for the current fiscal year.

Key Amazon.com News

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

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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