3,646,830 Shares of Amazon.com, Inc. $AMZN Acquired by Nykredit A S

Key Points

• Nykredit A S acquired 3,646,830 Amazon shares in the second quarter, valued at approximately $869.2 million, making Amazon its fifth-largest holding and 2.8% of its portfolio.
• Institutional investors own 72.2% of Amazon’s stock, with several major firms—including Bank of America, Bank of New York Mellon and Legal & General—reporting new or expanded positions.
• Analysts remain broadly bullish, with 56 Buy ratings and a consensus “Moderate Buy” rating alongside a $321.63 price target; Amazon also reported quarterly revenue growth of 19.6% and earnings that exceeded estimates.

Nykredit A S bought a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,646,830 shares of the e-commerce giant's stock, valued at approximately $869,185,000. Amazon.com accounts for 2.8% of Nykredit A S's portfolio, making the stock its 5th biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Auto Owners Insurance Co increased its stake in shares of 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 worth $2,272,397,000 after buying an additional 98,090,585 shares during the period. Bank of America Corp DE bought a new stake in Amazon.com during the 2nd quarter valued at $22,218,775,000. Bank of New York Mellon Corp purchased a new stake in Amazon.com during the 2nd quarter valued at $16,341,405,000. Legal & General Group Plc purchased a new position in shares of Amazon.com in the second quarter valued at about $12,831,376,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Amazon.com during the second quarter valued at about $6,631,466,000. 72.20% of the stock is currently owned by institutional investors.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 1,000 shares of Amazon.com stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $254.77, for a total value of $254,770.00. Following the completion of the transaction, the chief executive officer directly owned 475,681 shares of the company's stock, valued at approximately $121,189,248.37. The trade was a 0.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 20,000 shares of the company's stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the completion of the transaction, the chief executive officer owned 2,235,766 shares in the company, valued at approximately $579,085,751.66. This represents a 0.89% 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 90 days, insiders sold 70,589 shares of company stock valued at $18,329,015. 8.90% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Jefferies Financial Group reiterated a "buy" rating on shares of Amazon.com in a report on Thursday, June 18th. Oppenheimer reiterated an "outperform" rating on shares of Amazon.com in a report on Friday, July 31st. The Goldman Sachs Group reissued a "buy" rating and set a $375.00 target price (up from $335.00) on shares of Amazon.com in a research note on Friday, July 31st. HSBC reaffirmed a "buy" rating and issued a $310.00 price target on shares of Amazon.com in a research note on Friday, July 31st. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Amazon.com in a research report on Monday, August 3rd. Fifty-six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $321.63.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Goldman Sachs added Amazon to its October Conviction List and reportedly assigned a $375 12-month price target, reinforcing bullish Wall Street sentiment after the stock’s recent pullback. Goldman Sachs adds Amazon to conviction buy list
• Positive Sentiment: Amazon Web Services signed a multiyear agreement worth more than $1 billion with Synopsys for chip-design intellectual property. The deal supports AWS custom silicon, including Trainium and Graviton, and could help Amazon reduce dependence on Nvidia while strengthening cloud growth. Synopsys and Amazon Web Services sign chip design deal
• Positive Sentiment: Amazon signed a 20-year agreement with Constellation Energy covering 690 megawatts of nuclear power and supporting more than $3 billion of investment at Maryland’s Calvert Cliffs plant. The arrangement is intended to supply electricity for AI and data-center expansion, although the near-term financial benefit is limited. Constellation and Amazon sign nuclear power deal
• Positive Sentiment: Anthropic’s reported plans to commit more than $100 billion to Amazon Web Services over time highlight the potential scale of Amazon’s AI infrastructure opportunity. Amazon and GoodRx are also expanding subscription prescription plans, opening another healthcare growth channel. Anthropic cloud spending plans
• Neutral Sentiment: Amazon launched redesigned Kindle devices, a $35 page-turning remote and updated Fire TV products. The releases may support consumer-device engagement, but they are unlikely to materially change near-term earnings expectations. Amazon introduces Kindle Click
• Negative Sentiment: Amazon agreed to refund $7.25 million in Prime fees and pay $1 million to settle a District of Columbia lawsuit alleging slower deliveries in low-income areas. The cost is modest relative to Amazon’s size but adds regulatory and reputational pressure. Amazon settles delivery lawsuit
• Negative Sentiment: Investors remain concerned that Amazon’s roughly $220 billion 2026 capital-spending forecast could pressure free cash flow if AI-compute prices fall or demand fails to keep pace with new capacity. Proposed legislation that would remove opportunity-zone tax benefits for data centers adds a longer-term cost risk.
• Negative Sentiment: AI shopping agents from companies such as OpenAI and Meta could eventually redirect product discovery away from Amazon, threatening marketplace traffic and high-margin advertising revenue. Broader worries about consumer confidence and concentrated AI investments are also weighing on sentiment.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $248.23 on Friday. The company has a 50 day simple moving average of $256.67 and a two-hundred day simple moving average of $248.23. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. The company has a market capitalization of $2.68 trillion, a price-to-earnings ratio of 19.97, a P/E/G ratio of 1.93 and a beta of 1.45. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results 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 return on equity of 18.00% and a net margin of 17.44%.The company had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. During the same quarter in the prior year, the business posted $1.68 EPS. The firm's quarterly revenue was up 19.6% compared to the same quarter last year. Analysts expect that Amazon.com, Inc. will post 8.01 EPS for the current fiscal year.

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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