4,848 Shares of Amazon.com, Inc. $AMZN Purchased by Hopwood Nicholas Hunter

Key Points

• Hopwood Nicholas Hunter purchased 4,848 Amazon shares worth approximately $1.16 million in the second quarter. Institutional investors collectively own 72.2% of Amazon.
• Analysts remain bullish, with 56 Buy ratings and three Holds, producing a “Moderate Buy” consensus and an average price target of $321.63. Amazon also reported quarterly revenue of $200.61 billion, up 19.6% year over year, and EPS of $5.75.
• Amazon’s stock opened at $251.52, with a market value of $2.71 trillion, while insiders sold $18.3 million of shares over the past 90 days. Investors continue to weigh AWS and AI growth against heavy infrastructure spending, regulatory concerns and potential pressure on free cash flow.

Hopwood Nicholas Hunter bought a new position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,848 shares of the e-commerce giant's stock, valued at approximately $1,155,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AMZN. Blalock Williams LLC lifted its holdings in Amazon.com by 8.5% in the second quarter. Blalock Williams LLC now owns 8,348 shares of the e-commerce giant's stock valued at $1,990,000 after acquiring an additional 656 shares during the period. BAM Wealth Management LLC increased its holdings in shares of Amazon.com by 37.9% during the 2nd quarter. BAM Wealth Management LLC now owns 9,975 shares of the e-commerce giant's stock valued at $2,377,000 after purchasing an additional 2,742 shares in the last quarter. Three Seasons Wealth LLC increased its holdings in shares of Amazon.com by 5,661.5% during the 2nd quarter. Three Seasons Wealth LLC now owns 1,475,695 shares of the e-commerce giant's stock valued at $351,717,000 after purchasing an additional 1,450,082 shares in the last quarter. Shum Financial Group Inc. increased its holdings in shares of Amazon.com by 1.5% during the 2nd quarter. Shum Financial Group Inc. now owns 12,480 shares of the e-commerce giant's stock valued at $2,974,000 after purchasing an additional 190 shares in the last quarter. Finally, SMART Wealth LLC lifted its stake in shares of Amazon.com by 15.8% in the 2nd quarter. SMART Wealth LLC now owns 7,427 shares of the e-commerce giant's stock valued at $1,770,000 after purchasing an additional 1,016 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on AMZN shares. JPMorgan Chase & Co. increased their price target on shares of Amazon.com from $330.00 to $365.00 and gave the stock an "overweight" rating in a report on Friday, July 31st. Telsey Advisory Group set a $335.00 price objective on shares of Amazon.com and gave the stock an "outperform" rating in a research report on Friday, July 31st. Phillip Securities lowered shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research note on Monday, August 3rd. KeyCorp raised their price objective on Amazon.com from $335.00 to $350.00 and gave the company an "overweight" rating in a report on Friday, July 31st. Finally, The Goldman Sachs Group restated a "buy" rating and issued a $375.00 price objective (up from $335.00) on shares of Amazon.com in a research report on Friday, July 31st. Fifty-six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Amazon.com has an average rating of "Moderate Buy" and an average target price of $321.63.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $251.52 on Friday. The stock has a market capitalization of $2.71 trillion, a P/E ratio of 20.23, a PEG ratio of 1.95 and a beta of 1.45. The business has a 50 day simple moving average of $257.06 and a two-hundred day simple moving average of $248.25. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $287.20. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. During the same period in the previous year, the company posted $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 8.01 EPS for the current fiscal year.

Insider Buying and Selling

In other Amazon.com news, CFO Brian Olsavsky sold 6,172 shares of Amazon.com stock in a transaction 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 sale, 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 position. 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, CEO Douglas Herrington sold 6,362 shares of the company's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $1,647,821.62. Following the sale, the chief executive officer directly owned 476,681 shares of the company's stock, valued at $123,465,145.81. The trade was 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. Insiders have sold a total of 70,589 shares of company stock worth $18,329,015 in the last ninety days. Company 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: AWS data-center push received support: Amazon Web Services pledged more than $1 billion over five years for communities hosting its U.S. data centers, including job training, education and infrastructure initiatives. The investment is intended to ease resistance to new facilities and help Amazon secure capacity for AI workloads. Amazon to invest $1 billion over five years in US data center communities
• Positive Sentiment: AI and AWS growth remain the main bullish catalyst: Reports highlighted AWS’s rapid expansion, a more than $1 billion Synopsys agreement supporting custom-chip development, and Anthropic’s expected long-term AWS commitments of roughly $110 billion. Amazon also launched an AI agent that audits customers’ cloud environments, potentially increasing AWS usage while improving customer cost, security and performance management. Amazon Is Both Landlord And Shareholder In Anthropic’s Giant Cloud Bet
• Positive Sentiment: Analyst confidence provided additional support: Goldman Sachs added Amazon to its conviction list, while New Street raised its price target to $385 and maintained a Buy rating. Analysts cited AWS growth, generative AI exposure and potential retail-margin improvement as reasons for longer-term upside. New Street Adjusts Price Target on Amazon.com to $385
• Neutral Sentiment: Amazon is reportedly exploring an $8 billion chip sale-and-leaseback: Moving Nvidia AI chips to an investment vehicle could make the balance sheet more asset-light and help fund capital spending, but it also underscores the scale of Amazon’s AI infrastructure costs and financing requirements. Amazon seeks to offload $8 billion of Nvidia chips
• Negative Sentiment: Investors face profitability and regulatory risks: Analysts questioned how much AWS earnings are distorted by unrealized Anthropic investment gains, while surging AI capital expenditures could pressure free cash flow. Potential tougher EU cloud rules, data-center opposition, warehouse labor actions and Prime-related settlement payments add further uncertainty. What Are Amazon Investors Paying for AWS Without Investment Gains?

Amazon.com Company 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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