34,580 Shares in Amazon.com, Inc. $AMZN Acquired by Fischer Financial Services Inc.

Key Points

• Fischer Financial Services acquired 34,580 Amazon shares worth approximately $8.24 million, making Amazon its 11th-largest holding and representing 2.1% of its portfolio.
• Institutional investors own 72.2% of Amazon, with several major firms—including Auto Owners Insurance, Amundi, Invesco and Dimensional Fund Advisors—recently increasing their positions.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $323.26, while Amazon’s latest quarterly results exceeded expectations with $5.75 earnings per share and $200.61 billion in revenue.

Fischer Financial Services Inc. purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 34,580 shares of the e-commerce giant's stock, valued at approximately $8,242,000. Amazon.com accounts for approximately 2.1% of Fischer Financial Services Inc.'s holdings, making the stock its 11th largest holding.

Several other institutional investors have also modified their holdings of the business. Auto Owners Insurance Co boosted its holdings in Amazon.com by 27,376.7% in the fourth quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant's stock valued at $2,272,397,000 after purchasing an additional 98,090,585 shares during the period. Bank of New York Mellon Corp purchased a new stake in Amazon.com during the 2nd quarter worth about $16,341,405,000. Amundi raised its position in Amazon.com by 14.1% in the 1st quarter. Amundi now owns 61,400,503 shares of the e-commerce giant's stock valued at $12,787,883,000 after purchasing an additional 7,590,952 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Amazon.com by 3.3% in the 4th quarter. Invesco Ltd. now owns 59,604,857 shares of the e-commerce giant's stock valued at $13,757,993,000 after buying an additional 1,879,630 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Amazon.com by 23.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 39,029,984 shares of the e-commerce giant's stock valued at $8,126,338,000 after buying an additional 7,305,560 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Rosenblatt Securities assumed coverage on shares of Amazon.com in a research note on Thursday, August 20th. They set a "buy" rating and a $335.00 target price on the stock. Zacks Research downgraded shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a research note on Monday. Royal Bank Of Canada boosted their price target on shares of Amazon.com from $320.00 to $330.00 and gave the stock an "outperform" rating in a report on Friday, July 31st. DA Davidson reissued a "neutral" rating and issued a $250.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. Finally, Citigroup restated a "market outperform" rating on shares of Amazon.com in a report on Friday, August 14th. Fifty-six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Amazon.com currently has a consensus rating of "Moderate Buy" and an average target price of $323.26.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Matthew Garman sold 14,541 shares of the firm's stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the transaction, the chief executive officer 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 6,362 shares of Amazon.com stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $1,647,821.62. Following the sale, the chief executive officer owned 476,681 shares in the company, valued at $123,465,145.81. This trade represents a 1.32% decrease in their position. 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. Over the last three months, insiders sold 71,589 shares of company stock worth $18,568,785. Insiders own 8.90% of the company's stock.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Amazon agreed to a long-term deal with Generac to supply backup generators for its data centers. Initial deliveries are expected to total approximately $2.4 billion in 2027 and 2028, while Amazon received warrants to purchase up to roughly $340 million of Generac stock. The agreement signals continued expansion of Amazon’s AI and cloud infrastructure. Generac, Amazon strike $2.4 billion long-term generator supply deal
• Positive Sentiment: Amazon reportedly plans to expand its same-day delivery network from 85 locations to more than 1,000 hubs by 2031, potentially placing facilities within 10 miles of most U.S. Prime members. The strategy could improve delivery speed and strengthen Amazon’s retail moat. Amazon's next move could reshape how America shops
• Positive Sentiment: Amazon launched Alexa+ in India with Hindi-language support, expanding its conversational-AI ecosystem in a major growth market. Investors also continue to focus on strong AWS demand, advertising growth and Amazon’s stake in Anthropic as potential longer-term catalysts. Amazon launches Alexa+ in India with Hindi support
• Neutral Sentiment: Amazon raised minimum starting pay for U.S. core-operations employees to $20 per hour and added grocery and banking benefits. The move may support hiring and retention, but management expects the program to cost about $1.5 billion, creating near-term margin pressure. Amazon raises minimum hourly pay by $1 to $20
• Negative Sentiment: AWS said it cannot restore access to a Bahrain facility and one UAE availability zone damaged during the Iran conflict. The disclosure raises concerns about data recovery, customer trust and possible financial or regulatory consequences. Amazon's AWS is unable to restore access
• Negative Sentiment: Analyst commentary highlighted that AI-related capital expenditures are accelerating AWS growth but weighing on free cash flow and increasing reliance on debt. Separately, Zacks downgraded AMZN from “strong buy” to “hold,” adding to valuation and execution concerns. Amazon's AI Bet Is Paying Off in Revenues

Amazon.com Stock Performance

Shares of AMZN opened at $245.96 on Thursday. The company has a market capitalization of $2.65 trillion, a price-to-earnings ratio of 19.79, a price-to-earnings-growth ratio of 1.92 and a beta of 1.44. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $287.20. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The stock has a 50 day moving average price of $255.84 and a 200 day moving average price of $245.25.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping analysts' consensus estimates of $1.82 by $3.93. The company had revenue of $200.61 billion for the quarter, compared to analysts' expectations of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The firm's revenue for the quarter was up 19.6% on a year-over-year basis. During the same quarter last year, the company earned $1.68 earnings per share. Research analysts predict that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Amazon.com Profile

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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