PDS Planning Inc Raises Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• PDS Planning Inc raised its stake in Amazon by 5.9% to 65,738 shares (worth about $15.17M), making AMZN 1.0% of its portfolio and its 22nd largest holding.
• Amazon beat Q1 expectations (EPS $2.78 vs $1.63 est., revenue $181.52B, +16.6% YoY) and launched Amazon Supply Chain Services to open its logistics network to outside businesses, prompting several analysts to lift price targets.
• Positive analyst sentiment and institutional ownership contrast with risks from heavy AI/capex that are pressuring near‑term free cash flow, and notable insider selling (about 131,741 shares sold in the past 90 days); consensus rating is a Moderate Buy with an average target ~ $311.65.

PDS Planning Inc boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 5.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 65,738 shares of the e-commerce giant's stock after purchasing an additional 3,687 shares during the quarter. Amazon.com comprises 1.0% of PDS Planning Inc's portfolio, making the stock its 22nd largest position. PDS Planning Inc's holdings in Amazon.com were worth $15,174,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of AMZN. Norges Bank purchased a new stake in shares of Amazon.com in the second quarter worth $27,438,011,000. Nuveen LLC purchased a new stake in shares of Amazon.com in the first quarter worth $11,674,091,000. Laurel Wealth Advisors LLC grew its stake in shares of Amazon.com by 22,085.8% in the second quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant's stock worth $2,671,634,000 after acquiring an additional 12,122,668 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Amazon.com by 21.3% in the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock worth $11,017,657,000 after acquiring an additional 10,176,835 shares during the last quarter. Finally, Capital Research Global Investors grew its stake in shares of 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 worth $20,702,362,000 after acquiring an additional 9,583,217 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN opened at $271.90 on Tuesday. The firm has a market cap 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. The firm's 50 day simple moving average is $223.63 and its 200-day simple moving average is $227.48. Amazon.com, Inc. has a one year low of $183.85 and a one year high of $276.10. 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 quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, beating the consensus estimate of $1.63 by $1.15. The firm had revenue of $181.52 billion for the quarter, compared to analyst estimates of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The business's revenue for the quarter was up 16.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.59 earnings per share. As a group, equities analysts predict that Amazon.com, Inc. will post 7.71 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Matthew S. Garman sold 17,751 shares of the business's stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the sale, the chief executive officer owned 9,405 shares in the company, valued at approximately $1,930,094.10. The trade was a 65.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jonathan Rubinstein sold 3,849 shares of the stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $260.00, for a total transaction of $1,000,740.00. Following the sale, the director directly owned 78,654 shares in the company, valued at approximately $20,450,040. The trade was a 4.67% decrease in their ownership of the stock. 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 ninety days, insiders sold 131,741 shares of company stock valued at $29,839,291. 8.90% of the stock is currently owned by company insiders.

More Amazon.com News

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?

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on AMZN shares. Morgan Stanley increased their price target on shares of Amazon.com from $300.00 to $330.00 and gave the company an "overweight" rating in a report on Thursday, April 30th. UBS Group reiterated a "buy" rating and set a $333.00 price target (up from $304.00) on shares of Amazon.com in a report on Wednesday, April 29th. BMO Capital Markets increased their price target on shares of Amazon.com from $310.00 to $315.00 and gave the company an "outperform" rating in a report on Thursday, April 23rd. The Goldman Sachs Group reaffirmed a "buy" rating and set a $325.00 price objective (up from $275.00) on shares of Amazon.com in a research report on Thursday, April 30th. Finally, Telsey Advisory Group raised their target price on Amazon.com from $300.00 to $315.00 and gave the stock an "outperform" rating in a research report on Thursday, April 30th. Fifty-six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $311.65.

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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