Ninety One North America Inc. Invests $11.94 Million in Amazon.com, Inc. $AMZN

Key Points

• Ninety One North America Inc. established a new position in Amazon, buying 51,721 shares in Q4 worth about $11.94 million, amid broad institutional ownership (institutions hold ~72.20% of the stock).
• Amazon beat Q1 expectations (EPS $2.78 vs. $1.63 est.) with AWS reacceleration and launched Amazon Supply Chain Services, prompting multiple analyst price‑target increases and a consensus Moderate Buy with an average target of $313.09.

Ninety One North America Inc. bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 51,721 shares of the e-commerce giant's stock, valued at approximately $11,938,000.

Other large investors also recently made changes to their positions in the company. Norges Bank acquired a new stake in Amazon.com in the second quarter worth about $27,438,011,000. Nuveen LLC bought a new stake in Amazon.com during the 1st quarter worth about $11,674,091,000. Laurel Wealth Advisors LLC raised its holdings in Amazon.com by 22,085.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant's stock worth $2,671,634,000 after purchasing an additional 12,122,668 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Amazon.com by 21.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock worth $11,017,657,000 after purchasing an additional 10,176,835 shares during the last quarter. Finally, Capital Research Global Investors raised its holdings in Amazon.com by 11.3% during the 3rd quarter. Capital Research Global Investors now owns 94,284,962 shares of the e-commerce giant's stock worth $20,702,362,000 after purchasing an additional 9,583,217 shares during the last quarter. Institutional investors own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on AMZN shares. Mizuho boosted their price objective on Amazon.com from $315.00 to $325.00 and gave the stock an "outperform" rating in a report on Tuesday, April 28th. Robert W. Baird boosted their price objective on Amazon.com from $285.00 to $300.00 and gave the stock an "outperform" rating in a report on Thursday, April 30th. 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. Rosenblatt Securities boosted their price objective on Amazon.com from $296.00 to $332.00 and gave the stock a "buy" rating in a report on Thursday, April 30th. Finally, Raymond James Financial reissued an "outperform" rating and issued a $280.00 target price on shares of Amazon.com in a research note on Friday, May 1st. Fifty-six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Amazon.com currently has an average rating of "Moderate Buy" and an average price target of $313.09.

Insider Transactions at Amazon.com

In related news, Director Jonathan Rubinstein sold 3,706 shares of Amazon.com stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $273.02, for a total value of $1,011,812.12. Following the sale, the director owned 74,948 shares of the company's stock, valued at approximately $20,462,302.96. This trade represents a 4.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 27,500 shares of the business's stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $275.00, for a total value of $7,562,500.00. Following the transaction, the chief executive officer directly owned 471,361 shares in the company, valued at $129,624,275. This trade represents a 5.51% decrease in their position. 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. Insiders sold a total of 191,593 shares of company stock worth $46,289,241 in the last 90 days. 8.90% of the stock is owned by corporate insiders.

Amazon.com News Roundup

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

• Positive Sentiment: Q1 beat and AWS reacceleration — Amazon reported stronger‑than‑expected Q1 revenue and EPS with AWS growth reaccelerating, reinforcing the thesis that AI demand is lifting cloud backlog and revenue prospects. Read More.
• Positive Sentiment: Launch of Amazon Supply Chain Services — AMZN opened its freight/fulfillment/parcel network to third parties, creating a potential high‑margin, scalable business (markets are comparing the opportunity to the early AWS monetization path). Read More.
• Positive Sentiment: Wall Street momentum — multiple firms raised price targets (example: BNP Paribas lift), adding analyst validation and buyer interest. Read More.
• Positive Sentiment: Product / commercial expansion — same‑day fresh grocery deliveries and other Business offerings widen TAM and recurring order flows for Amazon Business. Read More.
• Neutral Sentiment: Insider sales disclosed — several pre‑arranged 10b5‑1 filings (CEO, directors) show planned selling; typical for tax/planning but worth monitoring for timing/scale. Read More.
• Neutral Sentiment: Operational AI moves with unclear near‑term monetization — Amazon is expanding internal AI tooling and exploring merging AI chat into search; improves UX/productivity but revenue timing is uncertain. Read More.
• Negative Sentiment: CapEx and free‑cash‑flow pressure — the $200B+ AI/infra buildout and ramped capex have compressed FCF (reported drop from prior levels), creating execution and timing risk if AWS/AI monetization lags. Read More.
• Negative Sentiment: Analyst caveats on earnings quality — some analysts warn the current cloud/AI backlog may be partly cyclical or concentrated (OpenAI/Anthropic exposure), which could make near‑term results look stronger than sustainable growth. Read More.

Amazon.com Stock Up 0.6%

Shares of Amazon.com stock opened at $275.06 on Thursday. The business's 50 day simple moving average is $226.29 and its 200 day simple moving average is $228.31. Amazon.com, Inc. has a 52-week low of $185.01 and a 52-week high of $278.56. The firm has a market cap of $2.96 trillion, a PE ratio of 32.90, a P/E/G ratio of 1.97 and a beta of 1.46. 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 (NASDAQ:AMZN - Get Free Report) last announced its earnings results 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 return on equity of 19.92% and a net margin of 12.22%.The business had revenue of $181.52 billion for the quarter, compared to analyst estimates of $177.28 billion. During the same quarter last year, the firm earned $1.59 EPS. Amazon.com's revenue for the quarter was up 16.6% compared to the same quarter last year. On average, analysts predict that Amazon.com, Inc. will post 8 earnings per share for the current fiscal year.

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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