Allied Private Wealth LLC Purchases New Shares in Amazon.com, Inc. $AMZN

Key Points

• Allied Private Wealth LLC acquired 19,030 Amazon shares worth approximately $4.64 million in the second quarter, making Amazon its fifth-largest holding and about 3% of its portfolio. Institutional investors collectively own 72.2% of Amazon.
• Amazon reported strong quarterly results, with EPS of $5.75 versus the $1.82 consensus and revenue of $200.61 billion, up 19.6% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target near $322.
• AI and AWS growth remain key bullish catalysts, but investors are also watching Amazon’s heavy spending, execution risks in initiatives such as drone delivery and satellite broadband, and uncertainty surrounding the valuation of its Anthropic investment.

Allied Private Wealth LLC acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 19,030 shares of the e-commerce giant's stock, valued at approximately $4,636,000. Amazon.com makes up about 3.0% of Allied Private Wealth LLC's investment portfolio, making the stock its 5th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AMZN. IFC & Insurance Marketing Inc. boosted its stake in Amazon.com by 12.1% in the second quarter. IFC & Insurance Marketing Inc. now owns 2,700 shares of the e-commerce giant's stock valued at $644,000 after acquiring an additional 292 shares during the last quarter. Corepath Wealth Partners LLC increased its stake in shares of Amazon.com by 7.4% during the 2nd quarter. Corepath Wealth Partners LLC now owns 1,747 shares of the e-commerce giant's stock worth $426,000 after purchasing an additional 120 shares during the last quarter. Deane Retirement Strategies Inc. increased its stake in shares of Amazon.com by 106,472.0% during the 2nd quarter. Deane Retirement Strategies Inc. now owns 26,643 shares of the e-commerce giant's stock worth $6,352,000 after purchasing an additional 26,618 shares during the last quarter. Great Waters Wealth Management raised its holdings in shares of Amazon.com by 18.3% in the 2nd quarter. Great Waters Wealth Management now owns 7,280 shares of the e-commerce giant's stock worth $1,735,000 after purchasing an additional 1,128 shares during the period. Finally, Wealth Science Advisors LLC raised its holdings in shares of Amazon.com by 40.6% in the 2nd quarter. Wealth Science Advisors LLC now owns 17,319 shares of the e-commerce giant's stock worth $4,128,000 after purchasing an additional 4,998 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Stock Down 0.6%

AMZN opened at $258.63 on Friday. The company has a fifty day moving average price of $249.86 and a 200-day moving average price of $239.34. The firm has a market capitalization of $2.79 trillion, a P/E ratio of 20.81, a price-to-earnings-growth ratio of 1.73 and a beta of 1.45. 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, Inc. has a one year low of $196.00 and a one year high of $287.20.

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. 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 last year, the business posted $1.68 earnings per share. The firm's revenue was up 19.6% compared to the same quarter last year. Equities research analysts expect that Amazon.com, Inc. will post 8.05 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Amazon.com news, CEO Douglas J. Herrington sold 3,741 shares of the company's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $262.76, for a total value of $982,985.16. Following the transaction, the chief executive officer directly owned 467,138 shares in the company, valued at $122,745,180.88. This represents a 0.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 6,741 shares of company stock worth $1,767,335 in the last three months. 8.90% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Benchmark increased their price objective on Amazon.com from $370.00 to $400.00 and gave the company a "buy" rating in a report on Friday, July 31st. Zacks Research upgraded Amazon.com from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 4th. Morgan Stanley reaffirmed an "overweight" rating and set a $335.00 price target (up from $330.00) on shares of Amazon.com in a research report on Friday, July 31st. DA Davidson reiterated a "neutral" rating and set a $250.00 price target on shares of Amazon.com in a research note on Friday, July 31st. Finally, Piper Sandler reissued an "overweight" rating and issued a $320.00 price objective (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Amazon.com has a consensus rating of "Moderate Buy" and an average target price of $322.39.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: AI and AWS remain the main bullish catalysts: Amazon is part of a group of major technology companies expected to spend approximately $615 billion on AI infrastructure this year. AWS growth, a reported $496 billion backlog and an AI annualized revenue run rate above $25 billion reinforce the view that Amazon’s capital spending could translate into stronger long-term cloud revenue. AI infrastructure spending article
• Positive Sentiment: Analyst support is strong: Rosenblatt initiated coverage with a Buy rating and a $335 price target. The broader analyst consensus remains Moderately Buy, with an average target of about $322.56, suggesting substantial potential upside if AWS growth and margins improve. Rosenblatt coverage report
• Positive Sentiment: New growth initiatives could expand Amazon’s ecosystem: Prime Video plans to invest more than $2 billion in Latin America from 2027 through 2030, while the company is targeting drone delivery in nearly 500 U.S. cities and towns. Amazon also selected Austin for a multibillion-dollar robotics facility expected to create up to 500 jobs. Prime Video Latin America investment
• Neutral Sentiment: Anthropic investment offers both strategic value and valuation uncertainty: Amazon’s stake in the AI startup could become highly valuable if reported IPO valuations hold, and Anthropic supports AWS demand. However, some analysts question whether the private company’s potential valuation is justified by its current revenue and cash generation. Anthropic valuation analysis
• Negative Sentiment: Investors are concerned about spending and near-term returns: The $2 billion Prime Video expansion adds to Amazon’s investment burden, while the market is focusing more on underlying cash generation than gains related to the rising value of Anthropic. Amazon Prime Video investment analysis
• Negative Sentiment: Competitive and execution risks remain: SpaceX’s Starlink has more than 11,000 satellites compared with Amazon Leo’s fewer than 1,000, highlighting a significant gap in the satellite broadband race. Drone deliveries also face regulatory, noise, safety and reliability hurdles, including recent delivery mishaps. Starlink and Amazon Leo comparison

Amazon.com Profile

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

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