Sage Mountain Advisors LLC Has $20.44 Million Stake in Amazon.com, Inc. $AMZN

Sage Mountain Advisors LLC lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 88,554 shares of the e-commerce giant’s stock after buying an additional 2,384 shares during the quarter. Amazon.com comprises approximately 1.1% of Sage Mountain Advisors LLC’s investment portfolio, making the stock its 17th biggest holding. Sage Mountain Advisors LLC’s holdings in Amazon.com were worth $20,440,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Norges Bank acquired a new stake in shares of Amazon.com during the second quarter worth $27,438,011,000. Nuveen LLC acquired a new stake in shares of Amazon.com during the first quarter worth $11,674,091,000. Laurel Wealth Advisors LLC grew its stake in shares of Amazon.com by 22,085.8% during 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 purchasing an additional 12,122,668 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Amazon.com by 21.3% during 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 purchasing an additional 10,176,835 shares during the period. Finally, Capital Research Global Investors grew its stake in shares of Amazon.com by 11.3% during 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 purchasing an additional 9,583,217 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Buying and Selling

In other news, CEO Andrew R. Jassy sold 31,000 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $255.00, for a total value of $7,905,000.00. Following the completion of the transaction, the chief executive officer owned 2,207,118 shares in the company, valued at $562,815,090. This represents a 1.39% decrease in their ownership of the stock. The transaction was disclosed in a 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, SVP David Zapolsky sold 10,649 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the completion of the transaction, the senior vice president owned 41,190 shares of the company’s stock, valued at $8,461,661.70. This trade represents a 20.54% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 128,035 shares of company stock valued at $28,827,479. 8.90% of the stock is owned by corporate insiders.

Amazon.com News Summary

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

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Raymond James Financial reaffirmed an “outperform” rating and issued a $280.00 target price on shares of Amazon.com in a research note on Friday. Canaccord Genuity Group upped their target price on shares of Amazon.com from $300.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday. Wolfe Research reaffirmed an “outperform” rating and issued a $320.00 target price (up from $245.00) on shares of Amazon.com in a research note on Thursday. Morgan Stanley upped their target price on shares of Amazon.com from $300.00 to $330.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, Moffett Nathanson upped their target price on shares of Amazon.com from $283.00 to $288.00 and gave the company a “buy” rating in a research note on Tuesday, April 7th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-five have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and an average target price of $310.25.

Amazon.com Stock Up 1.3%

Amazon.com stock opened at $268.38 on Friday. The stock has a market capitalization of $2.89 trillion, a PE ratio of 32.10, a price-to-earnings-growth ratio of 1.98 and a beta of 1.46. Amazon.com, Inc. has a twelve month low of $183.85 and a twelve month high of $273.88. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.27. The company has a 50 day moving average of $223.63 and a 200-day moving average of $227.35.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results 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. The company had revenue of $181.52 billion during the quarter, compared to analysts’ expectations of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The business’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.59 earnings per share. On average, equities research analysts anticipate that Amazon.com, Inc. will post 7.7 EPS for the current fiscal year.

Amazon.com Company 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.