Alaska Wealth Advisors LLC Acquires New Stake in Amazon.com, Inc. $AMZN

Key Points

• Alaska Wealth Advisors acquired 3,058 Amazon shares worth approximately $729,000 during the second quarter, while several other hedge funds also initiated positions. Institutional investors now own 72.20% of Amazon’s stock.
• Wall Street remains bullish: 56 analysts rate Amazon a Buy and three rate it a Hold, producing a consensus “Moderate Buy” rating and an average price target of $321.19.
• Amazon reported quarterly EPS of $5.75, far above the $1.82 consensus estimate, while revenue reached $200.61 billion, up 19.6% year over year and ahead of expectations.

Alaska Wealth Advisors LLC 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 Securities & Exchange Commission. The institutional investor purchased 3,058 shares of the e-commerce giant's stock, valued at approximately $729,000.

A number of other hedge funds also recently made changes to their positions in the stock. Encore Global Management LP bought a new stake in Amazon.com during the 2nd quarter valued at $3,933,000. Caldwell Investment Management Ltd. bought a new position in Amazon.com during the 2nd quarter valued at $2,215,000. OneAscent Investment Solutions LLC bought a new position in Amazon.com in the 2nd quarter valued at $1,245,000. Beckerman Institutional LLC purchased a new stake in shares of Amazon.com during the 2nd quarter valued at $602,000. Finally, Patron Partners LLC purchased a new stake in shares of Amazon.com during the 2nd quarter valued at $6,694,000. 72.20% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on AMZN shares. Mizuho set a $330.00 price target on shares of Amazon.com and gave the stock an "outperform" rating in a report on Friday, July 31st. Truist Financial raised their price objective on shares of Amazon.com from $320.00 to $350.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Wolfe Research reaffirmed an "outperform" rating and issued a $315.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. Oppenheimer reissued an "outperform" rating on shares of Amazon.com in a research report on Friday, July 31st. Finally, The Goldman Sachs Group restated a "buy" rating and issued a $375.00 target price (up from $335.00) on shares of Amazon.com 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. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $321.19.

Amazon.com Price Performance

Amazon.com stock opened at $251.19 on Friday. The firm has a market capitalization of $2.71 trillion, a P/E ratio of 20.21, a PEG ratio of 1.91 and a beta of 1.44. Amazon.com, Inc. has a one year low of $196.00 and a one year 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. The business has a fifty day moving average price of $255.93 and a 200-day moving average price of $245.54.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $200.61 billion for the quarter, compared to analysts' expectations of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The firm's quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.68 EPS. As a group, equities research analysts forecast that Amazon.com, Inc. will post 8.01 EPS for the current year.

Key Amazon.com News

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

• Positive Sentiment: Amazon agreed to purchase backup generators from Generac, with initial deliveries valued at approximately $2.4 billion in 2027 and 2028 and potential total payments of up to $8 billion through 2033. Amazon also received warrants to buy up to about 1.69 million Generac shares. The agreement underscores the scale of Amazon Web Services’ data-center expansion and its efforts to bypass strained power grids. Generac, Amazon strike $2.4 billion long-term generator supply deal
• Positive Sentiment: Amazon reportedly plans to expand same-day delivery hubs from 85 to more than 1,000 by 2031, potentially placing facilities within 10 miles of about 80% of U.S. Prime members. The investment could help narrow Walmart’s proximity advantage and support faster, higher-frequency purchases. Amazon's next move could reshape how America shops
• Positive Sentiment: Management indicated AWS has reached a $169 billion annualized revenue run rate, highlighting continued demand for AI and traditional cloud services. Recent quarterly revenue also grew nearly 20% year over year, reinforcing the growth thesis. Amazon's Andy Jassy Just Made a Startling Prediction
• Neutral Sentiment: Amazon-owned Zoox is poised to expand its Las Vegas robotaxi fleet after Nevada’s 100-vehicle regulatory cap expires, creating a longer-term transportation opportunity but also exposing the business to intensifying competition and regulatory execution risk. Amazon-owned Zoox's 100-robotaxi limit in Nevada is about to disappear
• Neutral Sentiment: Amazon joined calls for stronger AI safety testing and industry-government standards. The stance may reduce regulatory risk, although it could increase compliance requirements over time. Amazon Urges Industry and Government Partnership on AI Safeguards
• Negative Sentiment: A fatal Amazon cargo-plane crash in Miami has placed the company’s air-cargo network and logistics oversight under scrutiny, raising potential operational, legal and reputational risks. A Deadly Amazon Cargo Plane Crash in Miami Puts its Air Network Under Scrutiny
• Negative Sentiment: Two senators asked the FTC to investigate whether Amazon’s Alexa for Shopping suppresses U.S.-made products or fails to flag misleading “Made in USA” claims, adding regulatory and compliance uncertainty. Amazon, Walmart chatbots attract senator ire over made in USA label snags
• Negative Sentiment: Amazon’s $1-per-hour wage increase and new benefits improve labor competitiveness but raise operating costs. Separately, surging AI capital expenditures are weighing on free cash flow and increasing reliance on debt financing. Amazon raises minimum hourly pay by $1 to $20 for US operations workers

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas Herrington sold 1,000 shares of the firm's stock in a transaction on 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 $121,189,248.37. This trade represents a 0.21% decrease in their position. The sale was disclosed in a document filed 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, CEO Andrew Jassy sold 20,000 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $5,180,200.00. Following the completion of the sale, the chief executive officer owned 2,235,766 shares in the company, valued at $579,085,751.66. This trade represents a 0.89% 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 ninety days, insiders sold 71,589 shares of company stock worth $18,568,785. Company insiders own 8.90% of the company's stock.

Amazon.com Company 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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