Lafayette Investments Inc. Has $5.22 Million Position in Amazon.com, Inc. $AMZN

Lafayette Investments Inc. grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 10.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 22,627 shares of the e-commerce giant’s stock after purchasing an additional 2,165 shares during the quarter. Amazon.com comprises 1.0% of Lafayette Investments Inc.’s portfolio, making the stock its 23rd biggest holding. Lafayette Investments Inc.’s holdings in Amazon.com were worth $5,223,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in AMZN. Brighton Jones LLC grew its position in shares of Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after purchasing an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC grew its position in shares of Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after purchasing an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG grew its position in shares of Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after purchasing an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE grew its position in shares of Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after purchasing an additional 1,518 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC acquired a new stake in shares of Amazon.com in the fourth quarter valued at about $2,153,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently issued reports on AMZN. Rosenblatt Securities raised their price target on Amazon.com from $296.00 to $332.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Amazon.com from $290.00 to $315.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Raymond James Financial reaffirmed an “outperform” rating and set a $280.00 price objective on shares of Amazon.com in a research report on Friday, May 1st. Oppenheimer boosted their price target on Amazon.com from $275.00 to $320.00 and gave the company an “outperform” rating in a research note on Thursday, April 30th. Finally, Bank of America boosted their price target on Amazon.com from $298.00 to $310.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $312.52.

Amazon.com Trading Down 2.5%

AMZN stock opened at $250.02 on Thursday. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $278.56. The firm has a market cap of $2.69 trillion, a P/E ratio of 29.91, a P/E/G ratio of 1.92 and a beta of 1.44. The business’s 50 day moving average is $248.25 and its 200-day moving average is $232.76. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, beating 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 company had revenue of $181.52 billion for the quarter, compared to analyst estimates of $177.28 billion. During the same period in the prior year, the company posted $1.59 EPS. The company’s revenue was up 16.6% compared to the same quarter last year. Equities analysts anticipate that Amazon.com, Inc. will post 7.71 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Andrew R. Jassy sold 31,352 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 $8,621,800.00. Following the transaction, the chief executive officer directly owned 2,175,766 shares of the company’s stock, valued at $598,335,650. The trade was a 1.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 completion of the transaction, the chief executive officer directly owned 471,361 shares in the company, valued at $129,624,275. The trade was a 5.51% 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. Insiders sold 195,774 shares of company stock valued at $51,614,434 over the last quarter. 8.90% of the stock is owned by insiders.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Amazon’s Prime Day will run June 23-26 and is being moved earlier than usual, giving investors a near-term catalyst for higher e-commerce sales and Prime sign-ups. The company also said Alexa AI will help power shopping, which could boost engagement. Article Title
• Positive Sentiment: Amazon overtook Walmart to become the largest U.S. company by revenue in 2025, highlighting strong top-line growth and reinforcing the company’s scale advantage. Article Title
• Positive Sentiment: Analysts and market commentary continue to point to AWS, advertising, subscriptions, and AI as long-term growth drivers, with multiple firms reiterating bullish ratings and price targets well above current levels. Article Title
• Neutral Sentiment: Amazon announced AI-generated product images in its shopping app and launched Prime in South Africa, both of which are strategic moves but not immediate stock catalysts. Article Title Article Title
• Negative Sentiment: Amazon shares are being weighed by broad tech-sector selling, with the Nasdaq falling and big tech under pressure across the market. Article Title
• Negative Sentiment: CEO Douglas Herrington sold 1,000 shares under a pre-arranged trading plan, and Amazon insiders have been net sellers over the past six months, which can weigh on sentiment. Article Title
• Negative Sentiment: New headlines on Ring facial-recognition lawsuits and possible EU cloud procurement restrictions add regulatory and privacy overhangs for AWS and connected devices. Article Title Article Title

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.