191,746 Amazon.com, Inc. $AMZN Shares Bought by Generate Investment Management Ltd

Key Points

• Generate Investment Management increased its Amazon stake by 27.1% in the third quarter, buying 191,746 shares and bringing its holdings to 898,945 shares valued at approximately $224 million. Institutional investors collectively own 72.2% of Amazon.
• Amazon reported strong quarterly results, with revenue rising 19.6% year over year to $200.61 billion and EPS of $5.75, well above analyst expectations. Wall Street remains bullish, with a consensus “Moderate Buy” rating and an average price target of $322.53.
• Growth prospects center on AWS, AI infrastructure, advertising and international expansion, but investors remain concerned about Amazon’s approximately $220 billion capital-spending plan, negative free cash flow, data-center power constraints and increasing competition from Walmart.

Generate Investment Management Ltd increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 27.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 898,945 shares of the e-commerce giant's stock after acquiring an additional 191,746 shares during the quarter. Amazon.com comprises approximately 8.7% of Generate Investment Management Ltd's holdings, making the stock its 3rd largest holding. Generate Investment Management Ltd's holdings in Amazon.com were worth $223,972,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. 6th Street Advisors LLC boosted its holdings in Amazon.com by 526.1% in the 3rd quarter. 6th Street Advisors LLC now owns 21,314 shares of the e-commerce giant's stock valued at $5,310,000 after purchasing an additional 17,910 shares during the period. Wealth Forward LLC increased its holdings in shares of Amazon.com by 6.8% during the 3rd quarter. Wealth Forward LLC now owns 1,443 shares of the e-commerce giant's stock worth $360,000 after purchasing an additional 92 shares during the period. Koa Wealth Management LLC increased its holdings in shares of Amazon.com by 4.2% during the 3rd quarter. Koa Wealth Management LLC now owns 19,117 shares of the e-commerce giant's stock worth $4,763,000 after purchasing an additional 779 shares during the period. First Citizens Bank & Trust Co. raised its position in shares of Amazon.com by 12.1% during the third quarter. First Citizens Bank & Trust Co. now owns 412,242 shares of the e-commerce giant's stock valued at $102,710,000 after buying an additional 44,499 shares during the last quarter. Finally, Fearless Solutions LLC dba Best Invest raised its position in shares of Amazon.com by 7.1% during the third quarter. Fearless Solutions LLC dba Best Invest now owns 20,014 shares of the e-commerce giant's stock valued at $4,987,000 after buying an additional 1,325 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Matthew S. Garman sold 14,541 shares of the stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the completion of the sale, the chief executive officer owned 17,794 shares in the company, valued at $4,609,713.64. This trade represents a 44.97% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 9,258 shares of Amazon.com stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the transaction, the senior vice president directly owned 41,190 shares of the company's stock, valued at $10,699,926.30. This represents a 18.35% decrease in their ownership of the stock. 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 71,589 shares of company stock worth $18,580,515 in the last quarter. 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: Morgan Stanley named Amazon a top pick and raised its price target to $350 from $335. The firm expects AWS growth to accelerate to 47% in 2027 and cited cloud margins, Bedrock, agentic AI, advertising and robotics as additional catalysts. Amazon shares jump as Morgan Stanley calls AWS runway under-appreciated
• Positive Sentiment: Amazon plans to hire more than 300,000 U.S. seasonal, part-time and full-time workers—20% more than last year—signaling expectations for strong holiday shopping demand. It will also expand healthcare access for eligible seasonal employees beginning in 2027. Amazon Creates Over 300,000 New U.S. Jobs
• Positive Sentiment: AWS released TorchNeuron, which helps developers run existing PyTorch applications on Amazon’s Trainium chips with fewer code changes. The initiative could reduce reliance on Nvidia’s software ecosystem and improve Amazon’s long-term AI infrastructure economics. Amazon releases TorchNeuron
• Positive Sentiment: Amazon committed more than $17 billion to expand Germany operations, including AWS, AI infrastructure, logistics, satellite internet and Prime Video. The investment supports international growth but will require substantial capital. Amazon Germany investment
• Neutral Sentiment: Amazon is funding development of a proposed 960-megawatt Indiana small-modular-reactor project and would purchase its electricity if completed. The project could help address data-center power needs, but remains in the feasibility stage. Amazon Indiana nuclear project
• Negative Sentiment: Investors remain concerned about Amazon’s roughly $220 billion 2026 capital-spending plan, negative free cash flow and reports that some Nvidia AI systems cannot yet be powered because of data-center constraints. Heavy spending must translate into AWS revenue and profit growth.
• Negative Sentiment: Walmart’s new membership bundle increases competition with Amazon Prime, while analysts question whether customers will understand or use the offering. Amazon’s rising advertising and seller-services revenue also raises concerns about pressure on merchants’ profitability.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN opened at $262.63 on Wednesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. The business's fifty day moving average price is $256.25 and its two-hundred day moving average price is $252.67. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. The stock has a market capitalization of $2.83 trillion, a price-to-earnings ratio of 21.13, a price-to-earnings-growth ratio of 2.03 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. The company had revenue of $200.61 billion during the quarter, compared to analysts' expectations of $197.03 billion. During the same period last year, the business earned $1.68 earnings per share. The business's revenue was up 19.6% on a year-over-year basis. As a group, analysts predict that Amazon.com, Inc. will post 8.02 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AMZN. Raymond James Financial reiterated 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. TD Cowen restated a "buy" rating and set a $350.00 price target on shares of Amazon.com in a research note on Monday, October 5th. KeyCorp reaffirmed an "overweight" rating on shares of Amazon.com in a report on Thursday, October 15th. Barclays reaffirmed an "overweight" rating and issued a $365.00 price target (up from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, Monness Crespi & Hardt raised their price objective on Amazon.com from $315.00 to $330.00 and gave the stock a "buy" rating in a research report on Friday, July 31st. Fifty-seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $322.53.

Amazon.com Company Profile

Amazon.com, Inc is a global technology and e-commerce company founded by Jeff Bezos in 1994. Originally launched as an online bookstore, the company has expanded into a broad digital marketplace offering consumer products across numerous categories, including electronics, household goods, apparel, groceries and other merchandise. Amazon also sells products under its own brands and provides logistics, fulfillment and delivery services that support its retail operations and third-party sellers.

The company's principal businesses include online and physical retail, Amazon Web Services (AWS), digital advertising, subscription services and consumer technology.

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