Lazari Capital Management Inc. Has $17.13 Million Position in Amazon.com, Inc. $AMZN

Lazari Capital Management Inc. trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 74,205 shares of the e-commerce giant’s stock after selling 2,832 shares during the period. Amazon.com comprises 5.8% of Lazari Capital Management Inc.’s portfolio, making the stock its 4th largest position. Lazari Capital Management Inc.’s holdings in Amazon.com were worth $17,128,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. American Capital Advisory LLC lifted its holdings in Amazon.com by 63.9% in the third quarter. American Capital Advisory LLC now owns 8,081 shares of the e-commerce giant’s stock worth $1,774,000 after buying an additional 3,152 shares during the period. Compagnie Lombard Odier SCmA purchased a new stake in Amazon.com in the third quarter worth about $451,642,000. Baltimore Washington Financial Advisors Inc. lifted its holdings in Amazon.com by 1.9% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 239,862 shares of the e-commerce giant’s stock worth $52,667,000 after buying an additional 4,558 shares during the period. Wealthfront Advisers LLC lifted its holdings in Amazon.com by 3.9% in the third quarter. Wealthfront Advisers LLC now owns 1,145,151 shares of the e-commerce giant’s stock worth $251,441,000 after buying an additional 42,707 shares during the period. Finally, Pettee Investors Inc. lifted its holdings in Amazon.com by 16.9% in the third quarter. Pettee Investors Inc. now owns 19,623 shares of the e-commerce giant’s stock worth $4,309,000 after buying an additional 2,838 shares during the period. 72.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have commented on AMZN shares. Royal Bank Of Canada set a $320.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a report on Thursday, April 30th. BMO Capital Markets upped their price objective on shares of Amazon.com from $310.00 to $315.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. New Street Research upped their price objective on shares of Amazon.com from $280.00 to $350.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Monness Crespi & Hardt upped their price objective on shares of Amazon.com from $280.00 to $315.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Benchmark upped their price objective on shares of Amazon.com from $275.00 to $370.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com currently has an average rating of “Moderate Buy” and an average price target of $312.52.

Amazon.com News Summary

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

• Positive Sentiment: Wall Street analysts raised earnings expectations and price targets, citing strong grocery delivery and AWS/cloud growth. Amazon (AMZN) Stock: Wall Street Analysts Raise Targets on Grocery Delivery and Cloud Expansion
• Positive Sentiment: Amazon continues to lean into AI, including a shift toward an AI-powered Alexa shopping assistant and broader agentic commerce ambitions, which supports the growth narrative. Amazon Unveils AI Search Overhaul To Defend Online Shopping Dominance
• Positive Sentiment: Technical coverage noted Amazon remains above a key breakout level, suggesting the stock’s chart trend is still constructive. Amazon Holds Breakout Above $252
• Positive Sentiment: Investor interest remains strong, with reports highlighting bullish commentary from prominent funds and analysts, plus added attention from high-profile holders. Trump went big on tech stocks in first quarter of 2026, new filings show
• Neutral Sentiment: Amazon remains a major focus of market commentary because of its AI spending, cloud expansion, and growing role in digital advertising, but these articles are mostly thematic rather than immediate stock-moving catalysts.

Insider Activity

In other news, Director Jonathan Rubinstein sold 3,706 shares of the stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $273.02, for a total transaction of $1,011,812.12. Following the sale, the director owned 74,948 shares in the company, valued at $20,462,302.96. This represents a 4.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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 stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $275.00, for a total transaction of $7,562,500.00. Following the sale, the chief executive officer owned 471,361 shares in the company, valued at approximately $129,624,275. The trade was a 5.51% decrease in their position. 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 have sold 190,593 shares of company stock worth $46,081,241. Corporate insiders own 8.90% of the company’s stock.

Amazon.com Trading Down 1.2%

NASDAQ:AMZN opened at $264.14 on Friday. The company’s 50 day moving average price is $234.47 and its 200-day moving average price is $230.67. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $278.56. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27. The stock has a market cap of $2.84 trillion, a price-to-earnings ratio of 31.60, a PEG ratio of 1.98 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS 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 firm had revenue of $181.52 billion for the quarter, compared to analysts’ expectations of $177.28 billion. During the same quarter in the prior year, the company posted $1.59 earnings per share. The business’s revenue for the quarter was up 16.6% on a year-over-year basis. On average, equities research analysts forecast that Amazon.com, Inc. will post 7.71 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.