79,751 Amazon.com, Inc. $AMZN Shares Acquired by NewEdge Advisors LLC

Key Points

• NewEdge Advisors increased its Amazon position by 3.8%, acquiring 79,751 shares to hold 2.18 million shares valued at approximately $517.6 million. Institutional investors collectively own 72.2% of Amazon.
• Amazon reported strong quarterly results, with EPS of $5.75 versus the $1.82 consensus estimate and revenue of $200.61 billion, up 19.6% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $322.86.
• Amazon’s growth outlook is supported by AWS and artificial-intelligence demand, but investors remain concerned about heavy AI infrastructure spending and potential pressure on free cash flow. CEO Andy Jassy and SVP David Zapolsky also sold shares under pre-arranged trading plans.

NewEdge Advisors LLC lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 3.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,181,828 shares of the e-commerce giant's stock after purchasing an additional 79,751 shares during the period. Amazon.com comprises 1.5% of NewEdge Advisors LLC's portfolio, making the stock its 6th largest holding. NewEdge Advisors LLC's holdings in Amazon.com were worth $517,620,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of AMZN. Auto Owners Insurance Co boosted 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 acquiring an additional 98,090,585 shares during the period. Bank of America Corp DE purchased a new position in Amazon.com in the 2nd quarter worth approximately $22,218,775,000. Bank of New York Mellon Corp bought a new position in Amazon.com in the 2nd quarter worth approximately $16,341,405,000. Legal & General Group Plc bought a new position in shares of Amazon.com during the second quarter worth $12,831,376,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Amazon.com during the second quarter valued at $6,631,466,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Trading Up 1.4%

Shares of AMZN opened at $259.92 on Thursday. The company's fifty day simple moving average is $258.64 and its 200-day simple moving average is $249.45. The company has a market cap of $2.80 trillion, a P/E ratio of 20.91, a P/E/G ratio of 1.98 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. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $287.20.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results 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 during 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% compared to the same quarter last year. During the same period in the previous year, the company earned $1.68 EPS. As a group, analysts expect that Amazon.com, Inc. will post 8.03 EPS for the current year.

Amazon.com News Roundup

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

• Positive Sentiment: Analysts see AWS and Amazon’s AI services as major growth drivers. AWS sales reportedly rose 37% to $42.2 billion, while Amazon’s AI business surpassed a $25 billion annual revenue run rate. Analysts also view AI agents as potentially increasing commerce activity rather than undermining Amazon’s model. Amazon AI Boom
• Positive Sentiment: The FCC is preparing to vote on auctioning prime spectrum for satellite-to-smartphone services, a move that could benefit Amazon’s satellite ambitions and expand future connectivity opportunities. FCC Spectrum Auction
• Positive Sentiment: Prime Big Deal Days provides a near-term test of consumer demand and a potential boost to fourth-quarter retail sales. Amazon is also expanding Prime Video’s reach through a six-year global deal to stream the Emmy Awards free to viewers, supporting advertising and audience growth. Amazon Emmy Streaming Deal
• Positive Sentiment: ARK Invest reportedly purchased approximately $31 million of Amazon shares, adding a supportive institutional-investor signal. ARK Invest Buys Amazon
• Neutral Sentiment: A proposed structure involving roughly $8 billion of Nvidia chips could help Amazon finance AI infrastructure and preserve capital flexibility, but it also underscores the substantial cost and financing burden of the AWS expansion. Amazon Nvidia Chip Financing
• Negative Sentiment: Investors remain concerned that aggressive AI capital spending could pressure free cash flow before new data centers generate sufficient returns. Rising interest rates, power constraints and possible delays in infrastructure deployment add to the risk. Amazon Data Center Spending Risks
• Negative Sentiment: Prime Big Deal Days is occurring amid weak consumer confidence, creating uncertainty over the strength and profitability of promotional sales. Public attention to Amazon’s highly detailed customer profiles could also create privacy-related reputational risk. Amazon Customer Profiles

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Andrew Jassy sold 20,000 shares of the business'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 $579,085,751.66. The trade was a 0.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the company's stock in a transaction that occurred on 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 in the company, valued at approximately $10,699,926.30. This represents a 18.35% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 71,589 shares of company stock valued at $18,580,515. 8.90% of the stock is owned by company insiders.

Analyst Ratings Changes

AMZN has been the topic of a number of research reports. Royal Bank Of Canada lifted their price target on shares of Amazon.com from $320.00 to $330.00 and gave the company an "outperform" rating in a report on Friday, July 31st. UBS Group set a $200.00 price objective on Amazon.com in a research report on Thursday, September 17th. Citigroup reaffirmed a "market outperform" rating on shares of Amazon.com in a report on Friday, August 14th. Rosenblatt Securities boosted their target price on Amazon.com from $335.00 to $360.00 and gave the stock a "buy" rating in a research report on Wednesday, September 30th. Finally, Mizuho set a $330.00 price target on Amazon.com and gave the company an "outperform" rating in a research note on Friday, July 31st. Fifty-six equities research 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, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $322.86.

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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