KeyBanc analyst Justin Patterson hiked his price target for the online retailer, citing rapid revenue growth for major customer Anthropic.

After declining approximately 8% in the first quarter (Q1), Amazon (NASDAQ: AMZN) joined numerous other stocks in an April rally that took the e-commerce and technology equity roughly 18% higher from $209.77 at the beginning of the month to $248.56 at press time.

Stock Yards Bank and Trust Co. lifted its position in Amazon.com, Inc. (NASDAQ: AMZN) by 0.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 380,350 shares of the e-commerce giant's stock after purchasing an additional 3,558 shares during the period. Amazon.com accounts for

Rheos Capital Works Inc. trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ: AMZN) by 70.3% in the undefined quarter, according to its most recent disclosure with the SEC. The fund owned 122,800 shares of the e-commerce giant's stock after selling 290,000 shares during the period. Amazon.com makes up approximately 1.8% of Rheos Capital Works Inc.'s

Country Trust Bank lifted its position in shares of Amazon.com, Inc. (NASDAQ: AMZN) by 7.8% in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 647,744 shares of the e-commerce giant's stock after buying an additional 46,721 shares during the quarter. Amazon.com makes up about 2.7% of

Daytona Street Capital LLC bought a new position in shares of Amazon.com, Inc. (NASDAQ: AMZN) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,509 shares of the e-commerce giant's stock, valued at approximately $4,734,000. Amazon.com makes up approximately 3.2%

Flagship Harbor Advisors LLC trimmed its position in shares of Amazon.com, Inc. (NASDAQ: AMZN) by 14.7% in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 155,953 shares of the e-commerce giant's stock after selling 26,784 shares during the

Newbridge Financial Services Group Inc. grew its position in shares of Amazon.com, Inc. (NASDAQ: AMZN) by 15.0% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 97,716 shares of the e-commerce giant's stock after buying an additional 12,775 shares during the period.

Barton Investment Management decreased its holdings in shares of Amazon.com, Inc. (NASDAQ: AMZN) by 1.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 505,676 shares of the e-commerce giant's stock after selling 7,011 shares during the period. Amazon.com accounts for about 12.6% of Barton Investment Management's portfolio, making

Banque de Luxembourg S.A. raised its position in Amazon.com, Inc. (NASDAQ: AMZN) by 12.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,280 shares of the e-commerce giant's stock after purchasing an additional 5,571 shares during the quarter. Amazon.com makes up