3,393 Shares in Amazon.com, Inc. $AMZN Bought by Lotus Asset Management LLC

Key Points

• Lotus Asset Management LLC bought 3,393 Amazon shares worth approximately $809,000, making Amazon its 17th-largest holding and about 0.7% of its portfolio.
• Institutional investors and hedge funds own 72.2% of Amazon, while analysts remain broadly bullish: 56 rate the stock a Buy and three rate it a Hold, with an average price target of $322.86.
• Amazon reported strong quarterly results, with $5.75 in EPS and $200.61 billion in revenue, up 19.6% year over year; however, insiders sold 71,589 shares worth roughly $18.6 million during the last quarter.

Lotus Asset Management LLC purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,393 shares of the e-commerce giant's stock, valued at approximately $809,000. Amazon.com makes up about 0.7% of Lotus Asset Management LLC's investment portfolio, making the stock its 17th biggest holding.

A number of other large investors have also recently bought and sold shares of AMZN. Bank of America Corp DE acquired a new position in shares of Amazon.com during the 2nd quarter worth $22,218,775,000. Bank of New York Mellon Corp bought a new stake in Amazon.com during the 2nd quarter worth $16,341,405,000. Amundi increased its holdings in Amazon.com by 3.9% in the 2nd quarter. Amundi now owns 63,822,242 shares of the e-commerce giant's stock worth $15,211,393,000 after purchasing an additional 2,421,739 shares in the last quarter. Invesco Ltd. raised its position in Amazon.com by 3.3% in the fourth quarter. Invesco Ltd. now owns 59,604,857 shares of the e-commerce giant's stock valued at $13,757,993,000 after purchasing an additional 1,879,630 shares during the last quarter. Finally, Legal & General Group Plc acquired a new position in Amazon.com in the 2nd quarter valued at approximately $12,831,376,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AMZN. HSBC reissued a "buy" rating and set a $310.00 target price on shares of Amazon.com in a research report on Friday, July 31st. Benchmark boosted their target price on Amazon.com from $370.00 to $400.00 and gave the company a "buy" rating in a research report on Friday, July 31st. Tigress Financial reissued a "buy" rating and issued a $385.00 price target (up from $315.00) on shares of Amazon.com in a research report on Tuesday. Bank of America raised their price objective on Amazon.com from $310.00 to $320.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Finally, Wolfe Research reiterated an "outperform" rating and issued a $315.00 price objective on shares of Amazon.com 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 company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $322.86.

Amazon.com Stock Performance

Shares of AMZN stock opened at $254.06 on Friday. The stock has a market capitalization of $2.74 trillion, a P/E ratio of 20.44, a PEG ratio of 2.01 and a beta of 1.45. 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 firm's 50 day moving average is $259.01 and its 200 day moving average is $249.79. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $287.20.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results 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 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 analysts' expectations of $197.03 billion. During the same quarter in the previous year, the firm posted $1.68 EPS. The business's revenue for the quarter was up 19.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 8.03 earnings per share for the current year.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 6,362 shares of Amazon.com stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $1,647,821.62. Following the completion of the sale, the chief executive officer directly owned 476,681 shares in the company, valued at $123,465,145.81. The trade was a 1.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 on Monday, August 24th. The stock was sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the sale, 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 valued at $18,580,515 in the last quarter. 8.90% of the stock is currently owned by company insiders.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Analysts remain broadly bullish on Amazon, citing accelerating AWS growth, expanding AI-services revenue and potential upside from advertising, logistics and other businesses. One report noted that 58 analysts cover the stock without a sell rating. 58 Analysts, Zero Sells: Amazon’s Price Target Is a Rare Consensus
• Positive Sentiment: Amazon launched three higher-priced Alexa-branded tablets running Android with Google Play access, positioning the devices against Apple and Samsung while expanding Alexa+ and AI monetization opportunities. Amazon launches first Android tablets, raising prices and incorporating Alexa
• Positive Sentiment: Amazon’s AWS pricing team is using an AI chatbot to automate complex customer-deal analysis, illustrating how the company is applying AI internally to improve productivity and potentially margins. AWS pricing team turns Excel model into an AI chatbot
• Neutral Sentiment: Amazon is adding two China-to-U.S. air-freight services, which could improve inventory replenishment and peak-season execution, although the financial impact was not disclosed. Amazon launches two new China-to-U.S. air freight options
• Negative Sentiment: Investors are concerned that planned 2026 capital spending of roughly $220 billion on AI infrastructure could push free cash flow further negative before the investments generate sufficient returns. Rising Treasury yields and oil prices are also pressuring technology valuations. Amazon stock hits rare valuation lows
• Negative Sentiment: Amazon confirmed another round of reductions affecting fewer than 1,000 employees, primarily in its Stores division. The cuts may support efficiency but also signal restructuring pressure in the core e-commerce business. Amazon makes fresh job cuts, mainly in retail division
• Negative Sentiment: Amazon is blocking external AI shopping agents such as Meta’s Muse from accessing its marketplace. Critics argue the policy could encourage startups to develop competing shopping platforms and weaken Amazon’s role in agent-driven commerce. Why Amazon is making a big AI mistake
• Negative Sentiment: An FTC lawsuit alleges Amazon overcharged advertisers by more than $20 billion, adding regulatory and potential financial risks to the company’s advertising business.

Amazon.com Profile

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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