2,853,182 Shares in Amazon.com, Inc. $AMZN Purchased by Nykredit A S

Key Points

• Nykredit A S purchased 2.85 million Amazon shares worth approximately $672.8 million in the second quarter, making Amazon its eighth-largest holding and representing 2.1% of its portfolio.
• Institutional ownership stands at 72.2%, while Amazon insiders have sold 71,589 shares valued at roughly $18.6 million over the past 90 days, all under pre-arranged trading plans.
• Analysts remain bullish, with 56 Buy ratings, three Holds, a “Moderate Buy” consensus, and an average price target of $322.86. Amazon also exceeded quarterly earnings and revenue estimates, reporting $5.75 EPS and $200.61 billion in revenue.

Nykredit A S bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,853,182 shares of the e-commerce giant's stock, valued at approximately $672,780,000. Amazon.com makes up 2.1% of Nykredit A S's holdings, making the stock its 8th biggest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Anchor Capital Advisors LLC increased its holdings in shares of Amazon.com by 2,199.1% during the 2nd quarter. Anchor Capital Advisors LLC now owns 99,138 shares of the e-commerce giant's stock worth $23,629,000 after acquiring an additional 94,826 shares during the last quarter. MLG Wealth Management DBA Pine Grove Financial Group lifted its holdings in Amazon.com by 21.2% during the 2nd quarter. MLG Wealth Management DBA Pine Grove Financial Group now owns 8,272 shares of the e-commerce giant's stock valued at $1,958,000 after purchasing an additional 1,448 shares during the last quarter. Kinetic Wealth Investment Advisors LLC bought a new position in Amazon.com during the second quarter worth $257,000. Range Advisory LLC increased its holdings in shares of Amazon.com by 45.2% in the second quarter. Range Advisory LLC now owns 48,710 shares of the e-commerce giant's stock valued at $11,609,000 after purchasing an additional 15,168 shares during the last quarter. Finally, Capital & Planning LLC increased its holdings in shares of Amazon.com by 26.6% in the second quarter. Capital & Planning LLC now owns 2,950 shares of the e-commerce giant's stock valued at $703,000 after purchasing an additional 620 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Amazon.com news, SVP David Zapolsky sold 9,258 shares of the firm's stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $259.77, for a total value 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 trade represents a 18.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian T. Olsavsky sold 6,172 shares of the business's stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $260.31, for a total transaction of $1,606,633.32. Following the completion of the transaction, the chief financial officer owned 109,207 shares of the company's stock, valued at $28,427,674.17. The trade was a 5.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 71,589 shares of company stock valued at $18,580,515 over the last 90 days. 8.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Wedbush raised their target price on shares of Amazon.com from $293.00 to $310.00 and gave the stock an "outperform" rating in a research note on Friday, July 31st. Royal Bank Of Canada upped their price target on shares of Amazon.com from $320.00 to $330.00 and gave the company an "outperform" rating in a research note on Friday, July 31st. Evercore set a $355.00 price target on shares of Amazon.com and gave the company an "outperform" rating in a report on Friday, August 28th. The Goldman Sachs Group restated a "buy" rating and set a $375.00 price objective (up from $335.00) on shares of Amazon.com in a research report on Friday, July 31st. Finally, Truist Financial boosted their price objective on Amazon.com from $320.00 to $350.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Fifty-six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $322.86.

Amazon.com Trading Up 1.9%

Shares of AMZN stock opened at $256.29 on Wednesday. The stock has a market cap of $2.76 trillion, a P/E ratio of 20.62, a price-to-earnings-growth ratio of 1.94 and a beta of 1.45. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. The stock has a 50 day simple moving average of $257.97 and a 200 day simple moving average of $249.09.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, topping analysts' consensus estimates of $1.82 by $3.93. The firm had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The company's revenue was up 19.6% on a year-over-year basis. During the same quarter last year, the company earned $1.68 EPS. On average, research analysts predict that Amazon.com, Inc. will post 8.03 earnings per share for the current fiscal year.

More Amazon.com News

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

• Positive Sentiment: Amazon’s Prime Big Deal Days launched with discounts on electronics and other products, providing a near-term test of consumer demand and a potential boost to fourth-quarter retail revenue. Amazon Prime Big Deal Days
• Positive Sentiment: TD Cowen reaffirmed a Buy rating and set a $350 price target. Other coverage highlighted AMZN’s valuation near 20 times earnings as historically low for the company, supporting the view that AI and AWS growth may not be fully reflected in the stock. TD Cowen Amazon Rating
• Positive Sentiment: Prime Video secured a six-year agreement to stream the Emmy Awards beginning in 2027. The deal strengthens Amazon’s streaming content portfolio and could support Prime engagement, although its direct financial impact is likely modest. Amazon Emmy Awards Deal
• Positive Sentiment: Amazon is reportedly exploring an $8 billion Nvidia-chip financing structure, while continuing investments in custom chips, nuclear power and data centers. These moves could improve capital flexibility and expand AWS’s AI capacity as demand remains strong. Amazon Nvidia Chip Financing
• Neutral Sentiment: A senior Amazon finance executive, James Dibbo, is leaving to become Pinterest’s CFO. The departure may be viewed as a modest talent loss, but he represented only one executive within Amazon’s broad finance organization. Pinterest Hires Amazon Executive
• Negative Sentiment: Investors remain concerned that roughly $200 billion in annual AI and data-center spending could pressure free cash flow before new capacity generates revenue. Power constraints, community opposition and uncertain returns increase execution risk. Amazon Data Center Spending Risks
• Negative Sentiment: CEO Douglas Herrington sold 1,000 shares under a pre-arranged Rule 10b5-1 plan. The transaction reduced his holdings by only 0.21% and is unlikely to materially affect the investment case, but may create minor headline pressure. SEC Insider Sale Filing

About Amazon.com

Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.

Amazon's major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.

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