# Amazon Discloses $4.38 Million Lobbying Efforts in Q1 2025
A recent Lobbying Disclosure Act filing revealed that AMAZON.COM SERVICES LLC spent $4,380,000 on lobbying in the first quarter of 2025. This funding was directed toward a variety of legislative issues.
Key Areas of Focus
The lobbying efforts encompassed several critical subjects, including:
Information Technology and Cloud Computing
The company addressed issues related to IT systems improvements and advancements in cloud computing technology. Specific legislation included the Intelligence Authorization Act (IAA) for Fiscal Year 2025 (H.R. 8512 / S. 4443) and the implementation of the Servicemember Quality of Life Improvement and National Defense Authorization Act for Fiscal Year 2025 (P.L. 118-159).
Drones and Air Cargo
Amazon’s lobbying also targeted matters concerning drones and air cargo, particularly the implementation of the Federal Aviation Administration Reauthorization Act of 2024 (P.L. 118-63).
E-Commerce and Small Business
Efforts to enhance e-commerce opportunities for small businesses were included, alongside discussions about broadband access, satellite communications, and online content moderation laws. This aligns with initiatives stemming from the Infrastructure Investment and Jobs Act (P.L. 117-58).
Intellectual Property and Taxation
Issues concerning intellectual property also featured prominently, focusing on copyright reform, artificial intelligence, and patent reform, including the RESTORE Patents Act (H.R. 1574 / S. 708). Tax-related topics included renewable energy tax credits, international corporate taxation, and associated legislation such as the American Innovation and R&D Competitiveness Act (H.R. 1990).
Workplace and Employee Issues
Amazon further engaged in discussions related to veterans hiring, employee compensation, and workplace safety. The company also lobbied on minimum wage matters.
Data Protection and Cybersecurity
Data privacy and security were additional areas of concern, covering topics like encryption, data breach notifications, and overall data security. Legislative efforts included the Combating Organized Retail Crime Act and provisions related to cybersecurity in the National Defense Authorization Act for Fiscal Year 2024 (P.L. 118-31).
U.S. Trade Policy and Technology
A significant portion of lobbying activities was dedicated to U.S. trade policies, particularly concerning the USMCA, the World Trade Organization, and semiconductor manufacturing. Amazon’s initiatives target legislative proposals impacting technology and procurement.
Transportation and Agriculture
Transportation issues such as autonomous vehicles and community infrastructure investments were also addressed. Additionally, Amazon focused on agricultural matters, including the reauthorization of the Agricultural Improvement Act of 2018 (P.L. 115-334), as part of broader discussions on food safety and health-related technology.
Overall Scope of Lobbying
The extensive list of lobbying activities reflects Amazon’s proactive stance in influencing legislation that aligns with its operations. By engaging in these various areas, Amazon aims to shape policies that impact its business environment and industry landscape in 2025 and beyond.
Recent Developments in Amazon’s Financial and Legislative Landscape
The legislative focus includes several key acts aimed at healthcare, environmental initiatives, and budget appropriations. Relevant legislation includes the Health Act (S. 1261), the Telehealth Modernization Act (draft bill), and the Primary Care Enhancement Act (H.R. 1026). Congress is also addressing Medicare payment systems and accountable care issues before the Centers for Medicare & Medicaid Services (CMS). Further, provisions from the Full-Year Continuing Appropriations and Extensions Act, 2025 (P.L. 119-4) are under discussion.
Another important area of concern is Amazon’s Climate Pledge. This includes factors related to alternative fuel vehicles, renewable energy usage, data center energy efficiency, and the environmental provisions linked to the Infrastructure and Jobs Investment Act (P.L. 117-58) along with the Department of the Interior, Environment, and Related Agencies Appropriations Act, 2025 (draft bill).
Congressional Stock Trading Activity for Amazon
In the past six months, members of Congress have engaged in trading Amazon’s stock, totaling 36 transactions. Of these, 31 were purchases and 5 were sales.
Here’s a summary of recent trades involving Amazon’s stock by congressional members:
- **Representative Marjorie Taylor Greene**: 9 trades made, all purchases totaling up to $135,000, between 11/20 and 04/08.
- **Representative Robert Bresnahan**: Sold up to $15,000 on 04/03.
- **Representative Dwight Evans**: Purchased up to $15,000 on 04/03.
- **Representative Greg Landsman**: 3 total trades, with 1 purchase worth up to $50,000 on 02/20 and 2 sales totaling up to $30,000.
- **Representative David Taylor**: Acquired shares worth up to $15,000 on 03/27.
- **Representative Byron Donalds**: 2 purchases totaling up to $30,000 on 03/20.
- **Representative Bruce Westerman**: Purchased up to $50,000 on 03/03 and sold shares worth up to $15,000.
- **Representative Scott Franklin**: 3 purchases totaling up to $130,000 on 02/26.
- **Senator John Boozman**: Purchased shares worth up to $30,000 on 02/04.
- **Representative Thomas H. Kean, Jr.**: 2 purchases totaling up to $30,000.
- **Senator Markwayne Mullin**: Purchased shares worth up to $50,000 on 02/13.
- **Representative William R. Keating**: Purchased shares worth up to $15,000 on 01/07.
- **Representative James Comer**: 2 purchases totaling up to $30,000 on 01/02.
- **Representative Jonathan L. Jackson**: Acquired shares worth up to $50,000 on 11/27.
- **Representative Morgan McGarvey**: Sold shares worth up to $15,000 on 11/13.
- **Representative Jared Moskowitz**: 3 purchases totaling up to $45,000.
- **Representative Michael Guest**: Purchased shares worth up to $15,000 on 11/08.
Insider Trading Activity at Amazon
In the last six months, Amazon insiders conducted 99 trades on the open market. Notably, all of these were sales, with no purchases recorded.
Here’s a detailed look at recent insider transactions:
- **Jeffrey P. Bezos (Executive Chair)**: 25 sales, totaling 15,286,168 shares for approximately $3,163,182,987.
- **Douglas J. Herrington (CEO Worldwide Amazon Stores)**: 18 sales, 56,711 shares for about $12,569,275.
- **Andrew R. Jassy (President and CEO)**: 12 sales, 41,568 shares for around $8,746,378.
- **David Zapolsky (Senior Vice President)**: 14 sales, 36,740 shares for close to $7,808,025.
- **Matthew S. Garman (CEO Amazon Web Services)**: 12 sales, 30,500 shares for about $6,418,120.
- **Brian T. Olsavsky (Senior Vice President and CFO)**: 2 sales, 29,220 shares for approximately $6,224,354.
- **Jonathan Rubinstein**: 3 sales, 13,666 shares for roughly $3,000,320.
- **Shelley Reynolds (Vice President)**: 11 sales, 12,624 shares for about $2,724,197.
- **Daniel P. Huttenlocher**: Sold 1,237 shares for about $246,237.
- **Keith Brian Alexander**: Sold 900 shares for around $176,733.
Hedge Fund Activity Surrounding Amazon
Recent reports indicate that 2,682 institutional investors increased their positions in Amazon, while 2,131 reduced their holdings in the latest quarter.
Below are some significant transactions:
- **Bank of America Corp /DE/**: Added 25,110,499 shares (+47.5%) in Q4 2024, estimated value of $5,508,992,375.
- **Capital World Investors**: Increased by 17,681,004 shares (+36.8%) in Q4 2024, valued at $3,879,035,467.
- **Vanguard Group Inc**: Added 17,635,391 shares (+2.2%) in Q4 2024, valued at $3,869,028,431.
- **BlackRock, Inc.**: Increased by 14,821,685 shares (+2.2%) in Q1 2025, valued at $2,819,973,788.
- **Legal & General Group PLC**: Reduced position by 13,903,160 shares (-20.5%) in Q4 2024, valued at $3,050,214,272.
- **Profico Capital Partners LLC**: Increased by 12,018,120 shares (+17054.5%) in Q4 2024, valued at $2,636,655,346.
- **Capital International Investors**: Added 12,000,745 shares (+26.5%) in Q4 2024, estimated at $2,632,843,445.
Current Analyst Ratings for Amazon
Amazon has also garnered attention from Wall Street analysts, with 17 firms issuing buy ratings recently, while none have issued sell ratings.
Notable analyst ratings include:
- Goldman Sachs: Issued a “Buy” rating on 05/02/2025.
- Oppenheimer: Issued an “Outperform” rating on 04/28/2025.
- Telsey Advisory: Issued an “Outperform” rating on 04/23/2025.
- Bank of America Securities: Issued a “Buy” rating on 04/22/2025.
- Raymond James: Issued an “Outperform” rating on 04/22/2025.
- Citigroup: Issued a “Buy” rating on 04/03/2025.
- Benchmark: Issued a “Buy” rating on 03/03/2025.
Recent Price Targets for Amazon
Analysts have set price targets for Amazon in recent months, with a median target of $250. Here are some examples:
- **Joseph Feldman (Telsey Advisory)**: $235 on 04/23/2025.
- **Deepak Mathivanan (Cantor Fitzgerald)**: $270 on 01/07/2025.
- **Mark Shmulik (Bernstein)**: $265 on 12/18/2024.
- **Tom Champion (Piper Sandler)**: $225 on 11/27/2024.
This article is not financial advice. Please consult leading financial sources for detailed insights.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
