12,374 Shares in Amazon.com, Inc. $AMZN Bought by Delos Wealth Advisors LLC

Key Points

• Delos Wealth Advisors initiated a 12,374-share Amazon position worth approximately $2.95 million, making Amazon its 21st-largest holding and representing 1.5% of its portfolio.
• Institutional ownership remains strong at 72.2%, with several major investors—including Canada Pension Plan Investment Board and Primecap Management—reporting new multibillion-dollar Amazon stakes.
• Amazon exceeded quarterly expectations, reporting $5.75 in EPS and $200.61 billion in revenue, while analysts maintain a “Moderate Buy” consensus and an average price target of $321.19.

Delos Wealth Advisors LLC bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,374 shares of the e-commerce giant's stock, valued at approximately $2,949,000. Amazon.com comprises approximately 1.5% of Delos Wealth Advisors LLC's investment portfolio, making the stock its 21st largest holding.

A number of other hedge funds have also made changes to their positions in AMZN. Primecap Management Co. CA purchased a new stake in shares of Amazon.com in the 2nd quarter worth about $2,851,068,000. Palisade Capital Management LP purchased a new position in Amazon.com during the 2nd quarter valued at about $24,321,000. Cooper Haims Advisors LLC acquired a new position in Amazon.com during the second quarter worth about $2,528,000. Canada Pension Plan Investment Board acquired a new position in Amazon.com during the second quarter worth about $4,143,365,000. Finally, Castleark Management LLC purchased a new stake in shares of Amazon.com in the second quarter valued at about $63,934,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Stock Performance

NASDAQ AMZN opened at $254.98 on Wednesday. The business's 50-day moving average price is $256.47 and its 200 day moving average price is $246.48. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $287.20. The company has a market capitalization of $2.75 trillion, a PE ratio of 20.51, a price-to-earnings-growth ratio of 2.00 and a beta of 1.44. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping the consensus estimate of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The business had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. During the same period in the prior year, the firm posted $1.68 EPS. The company's revenue was up 19.6% on a year-over-year basis. On average, research analysts predict that Amazon.com, Inc. will post 8.01 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Matthew S. Garman sold 14,541 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.06, for a total value of $3,766,991.46. Following the transaction, the chief executive officer directly owned 17,794 shares of the company's stock, valued at approximately $4,609,713.64. This trade represents a 44.97% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas Herrington sold 6,362 shares of the business's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $1,647,821.62. Following the sale, the chief executive officer directly owned 476,681 shares of the company's stock, valued at approximately $123,465,145.81. This trade represents a 1.32% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 71,589 shares of company stock worth $18,568,785. Corporate insiders own 8.90% of the company's stock.

Amazon.com News Summary

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

• Positive Sentiment: Amazon signed a Generac supply agreement worth up to $8 billion for backup generators, including approximately $2.4 billion of expected orders in 2027–2028 and warrants for Amazon. The deal highlights strong AWS data-center demand and addresses electricity constraints that could otherwise slow AI expansion. Amazon's Generac power deal
• Positive Sentiment: Amazon is expanding AI-powered logistics, including smart glasses for more than 20,000 delivery drivers by 2027. The company also plans an additional $1.9 billion investment in its Delivery Service Partner program, targeting better safety, routing and delivery efficiency. Amazon delivery investment
• Neutral Sentiment: Amazon blocked Meta’s Muse shopping agent, citing unauthorized access, failure to identify itself and concerns involving customer credentials and data. The move protects Amazon’s control over customer relationships, checkout and marketplace data, but could cause it to lose orders initiated by outside AI agents as agentic commerce develops. Amazon and Meta Muse dispute
• Negative Sentiment: Shopify’s shares rallied after Meta enabled Muse to browse Shopify-powered stores and complete purchases through Shop Pay, while Amazon remained excluded. Investors may view this as a competitive advantage for Shopify and a potential threat to Amazon’s influence over future AI-driven shopping. Shopify and Meta Muse integration
• Negative Sentiment: Amazon’s planned AI buildout—estimated at roughly $220 billion in capital spending—continues to raise concerns about cash flow, returns on investment and possible AWS margin pressure. Higher labor costs, including a $1 increase in eligible U.S. warehouse starting pay, add to near-term expense pressure. Amazon wage investment
• Negative Sentiment: A U.S. financial disclosure showed sales of between $5 million and $25 million of Amazon stock by President Donald Trump in July. The transaction is historical and does not change Amazon’s fundamentals, but the disclosure may add short-term selling sentiment. Trump Amazon stock sale disclosure

Analyst Upgrades and Downgrades

Several research firms have recently commented on AMZN. Evercore set a $355.00 price target on shares of Amazon.com and gave the company an "outperform" rating in a research report on Friday, August 28th. Raymond James Financial reaffirmed an "outperform" rating and issued a $390.00 target price (up from $280.00) on shares of Amazon.com in a research note on Friday, July 31st. Royal Bank Of Canada raised their price target on Amazon.com from $320.00 to $330.00 and gave the stock an "outperform" rating in a research report on Friday, July 31st. Sanford C. Bernstein reissued an "outperform" rating and issued a $320.00 price target (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, Robert W. Baird set a $310.00 price objective on Amazon.com and gave the company an "outperform" rating in a research note on Friday, July 31st. Fifty-six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $321.19.

About Amazon.com

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon's websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

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