1,992 Shares in Amazon.com, Inc. $AMZN Bought by DeLarme Wealth Management Inc.

DeLarme Wealth Management Inc. purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 1,992 shares of the e-commerce giant’s stock, valued at approximately $460,000.

Several other hedge funds and other institutional investors have also made changes to their positions in AMZN. Lifelong Wealth Advisors Inc. raised its holdings in Amazon.com by 2.4% in the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock valued at $402,000 after acquiring an additional 41 shares in the last quarter. Financial Connections Group Inc. grew its holdings in Amazon.com by 2.6% during the 4th quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant’s stock worth $376,000 after acquiring an additional 42 shares in the last quarter. Marquette Asset Management LLC increased its position in shares of Amazon.com by 5.1% in the 4th quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant’s stock valued at $205,000 after purchasing an additional 43 shares during the last quarter. Western Financial Corp CA increased its position in shares of Amazon.com by 1.5% in the 4th quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant’s stock valued at $710,000 after purchasing an additional 44 shares during the last quarter. Finally, Cadence Wealth Management LLC raised its holdings in shares of Amazon.com by 3.5% in the 3rd quarter. Cadence Wealth Management LLC now owns 1,328 shares of the e-commerce giant’s stock valued at $292,000 after purchasing an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Key Amazon.com News

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

• Positive Sentiment: Q1 beat: Amazon reported a double‑beat on revenue and EPS, with AWS reaccelerating (large YoY cloud growth and record margins) — this is the core bullish driver for the rally. Amazon Q1 2026 earnings results beat EPS and revenue expectations
• Positive Sentiment: Pentagon AI deals: The U.S. DoD signed agreements that include Amazon Web Services to run AI tools on classified networks — a strategic endorsement for AWS as a secure enterprise AI supplier. Pentagon signs new military AI deals with Nvidia, Microsoft and Amazon
• Positive Sentiment: Analyst upgrades and target hikes: Dozens of firms raised price targets (Morgan Stanley, JPMorgan, Canaccord, Bank of America, etc.), with several new $300+ targets — supporting bullish sentiment and pushing buy ratings. Cluster of price‑target raises and buy ratings for AMZN
• Positive Sentiment: Trainium / in‑house chips: Amazon’s Trainium business shows meaningful revenue commitments and a path to become a standalone AI‑hardware revenue stream, which repositions AMZN as a “picks‑and‑shovels” AI supplier. How the Trainium chip business could move the needle for Amazon
• Neutral Sentiment: Partnerships and product rollout: AWS expanded Bedrock/OpenAI integrations and new agentic AI tools (Rufus, Quick, Connect apps), which add long‑term optionality but will require execution. AWS, OpenAI partner to integrate frontier models into Bedrock
• Negative Sentiment: CapEx and chip costs: Management flagged rising memory/chip prices and a large AI capex program that is eating into free cash flow; Goldman and others warned the hyperscaler spending binge increases near‑term cash burn risk. Jassy: soaring chip prices could pressure Amazon’s capex
• Negative Sentiment: Market reaction nuance: Despite the beat, some investors sold on the size/timing of AI investments and softer near‑term guidance, which previously produced intraday dips after earnings. Why AMZN dipped after strong Q1 — capex concerns

Insider Buying and Selling

In other news, CEO Matthew S. Garman sold 17,751 shares of Amazon.com 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 transaction, the chief executive officer directly owned 9,405 shares of the company’s stock, valued at $1,930,094.10. The trade was a 65.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Andrew R. Jassy sold 31,000 shares of the company’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $255.00, for a total transaction of $7,905,000.00. Following the completion of the sale, the chief executive officer owned 2,207,118 shares of the company’s stock, valued at approximately $562,815,090. This trade represents a 1.39% 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 have sold 128,035 shares of company stock valued at $28,827,479 in the last 90 days. Company insiders own 8.90% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN stock opened at $268.38 on Friday. The stock’s 50-day moving average is $223.63 and its two-hundred day moving average is $227.40. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.88 and a current ratio of 1.18. Amazon.com, Inc. has a 1 year low of $183.85 and a 1 year high of $273.88. The firm has a market cap of $2.89 trillion, a price-to-earnings ratio of 32.10, a PEG ratio of 2.01 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) 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. The firm had revenue of $181.52 billion during the quarter, compared to analysts’ expectations 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 was up 16.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.59 EPS. Analysts predict that Amazon.com, Inc. will post 7.71 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on AMZN shares. JPMorgan Chase & Co. boosted their target price on shares of Amazon.com from $280.00 to $330.00 and gave the stock an “overweight” rating in a research note on Thursday. Piper Sandler restated 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. Citigroup reaffirmed a “buy” rating and set a $325.00 price target (up from $285.00) on shares of Amazon.com in a report on Thursday. Bank of America increased their price objective on Amazon.com from $298.00 to $310.00 and gave the company a “buy” rating in a report on Thursday. Finally, Benchmark raised their target price on Amazon.com from $275.00 to $370.00 and gave the stock a “buy” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, fifty-five have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and an average target price of $310.25.

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.