ST Germain D J Co. Inc. Increases Position in Amazon.com, Inc. $AMZN

Key Points

• ST Germain D J Co. Inc. increased its Amazon position by 3.7% in the fourth quarter, adding 5,668 shares to bring its total stake to 160,075 shares worth about $36.95 million.
• Wall Street remains broadly bullish on Amazon, with several analysts reiterating or raising price targets; the stock currently carries a Moderate Buy consensus and an average target of $312.67.
• Amazon’s latest earnings beat expectations, posting $2.78 EPS on $181.52 billion in revenue, while the article also notes insider selling and a proposed class-action lawsuit as potential headwinds.

ST Germain D J Co. Inc. lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 160,075 shares of the e-commerce giant's stock after acquiring an additional 5,668 shares during the quarter. Amazon.com accounts for about 1.4% of ST Germain D J Co. Inc.'s investment portfolio, making the stock its 14th biggest position. ST Germain D J Co. Inc.'s holdings in Amazon.com were worth $36,949,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Fairway Wealth LLC grew its stake in 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 purchasing an additional 60 shares in the last quarter. Sellwood Investment Partners LLC acquired a new position in Amazon.com in the third quarter worth about $27,000. Bridge Generations Wealth Management LLC grew its stake in 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 purchasing an additional 233 shares in the last quarter. Cooksen Wealth LLC grew its stake in 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 purchasing an additional 47 shares in the last quarter. Finally, Sagard Holdings Management Inc. acquired a new position in Amazon.com in the second quarter worth about $79,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Piper Sandler reiterated an "overweight" rating and issued a $315.00 price target (up from $260.00) on shares of Amazon.com in a research note on Thursday, April 30th. Cantor Fitzgerald restated an "overweight" rating and issued a $330.00 target price (up from $280.00) on shares of Amazon.com in a research note on Thursday, April 30th. Citizens Jmp restated a "market outperform" rating and issued a $315.00 target price on shares of Amazon.com in a research note on Friday, April 10th. Royal Bank Of Canada set a $320.00 target price on Amazon.com and gave the company an "outperform" rating in a research note on Thursday, April 30th. Finally, Stifel Nicolaus set a $319.00 target price on Amazon.com and gave the company a "buy" rating in a research note on Thursday, April 30th. Fifty-seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Amazon.com has a consensus rating of "Moderate Buy" and an average price target of $312.67.

Insider Buying and Selling

In other Amazon.com news, CEO Andrew R. Jassy sold 31,352 shares of the company's stock in a transaction on Monday, May 4th. The stock was sold at an average price of $275.00, for a total value of $8,621,800.00. Following the transaction, the chief executive officer owned 2,175,766 shares of the company's stock, valued at approximately $598,335,650. This represents a 1.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 17,751 shares of the company's stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total value of $3,642,860.22. Following the completion of the transaction, the chief executive officer directly owned 9,405 shares in the company, valued at $1,930,094.10. This represents a 65.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 185,809 shares of company stock valued at $45,132,239 in the last three months. Insiders own 8.90% of the company's stock.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Arete Research raised its price target on Amazon and reiterated a Buy rating, signaling continued upside expectations from current levels.
• Positive Sentiment: Amazon was highlighted as IBD’s Stock of the Day and a “Franchise Pick,” with investors focused on its approach toward the $3 trillion market-cap milestone.
• Positive Sentiment: Coverage around AWS emphasized strong AI demand, custom chip adoption, and Amazon’s growing role in the cloud AI boom, which may support revenue growth and sentiment.
• Positive Sentiment: News that Delta Air Lines defended Amazon’s Leo satellite broadband deal helped validate Amazon’s broader technology and connectivity ambitions.
• Neutral Sentiment: Several major hedge fund and billionaire portfolio updates showed mixed positioning in AMZN, with some managers adding and others trimming shares; this is more of a sentiment read than a direct fundamental catalyst.
• Neutral Sentiment: Amazon’s new Alexa+ feature that can generate podcast episodes adds to its consumer AI story, but the immediate financial impact appears limited.
• Negative Sentiment: Amazon is also facing a proposed class-action lawsuit over alleged tariff-related refund practices, which could add legal overhang and headline risk.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $264.86 on Tuesday. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $278.56. The stock has a market cap of $2.85 trillion, a price-to-earnings ratio of 31.68, a PEG ratio of 1.98 and a beta of 1.46. The stock's 50 day moving average price is $235.39 and its 200 day moving average price is $230.94. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, topping the consensus estimate of $1.63 by $1.15. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The firm 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 company earned $1.59 earnings per share. The firm's quarterly revenue was up 16.6% compared to the same quarter last year. Equities research analysts anticipate that Amazon.com, Inc. will post 7.71 earnings per share for the current fiscal year.

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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