Amazon.com, Inc. $AMZN Holdings Raised by Flputnam Investment Management Co.

Key Points

• Flputnam Investment Management increased its Amazon stake by 10.3% in the second quarter to 681,131 shares valued at approximately $162.3 million. Institutional investors collectively own 72.2% of Amazon’s stock.
• Analyst sentiment remains strongly positive: Amazon has a “Moderate Buy” consensus rating and an average price target of $323.09, with several firms recently raising targets as high as $350.
• Amazon reported quarterly EPS of $5.75 versus estimates of $1.82 and revenue of $200.61 billion, up 19.6% year over year. Meanwhile, executives sold shares under pre-arranged trading plans, with insiders selling 71,589 shares worth about $18.6 million during the quarter.

Flputnam Investment Management Co. raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 10.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 681,131 shares of the e-commerce giant's stock after purchasing an additional 63,851 shares during the period. Amazon.com accounts for 1.9% of Flputnam Investment Management Co.'s investment portfolio, making the stock its 9th largest holding. Flputnam Investment Management Co.'s holdings in Amazon.com were worth $162,341,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in AMZN. Bard Associates Inc. acquired a new position in Amazon.com in the second quarter valued at $32,000. Longfellow Investment Management Co. LLC purchased a new position in Amazon.com during the 2nd quarter worth $33,000. MilWealth Group LLC lifted its stake in shares of Amazon.com by 79.0% in the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant's stock worth $41,000 after acquiring an additional 79 shares during the period. Lifetime Wealth Management P.C. purchased a new stake in shares of Amazon.com in the fourth quarter valued at about $45,000. Finally, Elkhorn Partners Limited Partnership increased its stake in shares of Amazon.com by 900.0% during the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant's stock worth $46,000 after acquiring an additional 180 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In other Amazon.com news, CFO Brian T. Olsavsky sold 6,172 shares of Amazon.com stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $260.31, for a total value of $1,606,633.32. Following the completion of the sale, the chief financial officer owned 109,207 shares in the company, valued at $28,427,674.17. The trade was a 5.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,343 shares of the company's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $606,860.43. Following the transaction, the vice president directly owned 119,780 shares of the company's stock, valued at approximately $31,024,217.80. This represents a 1.92% 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 sold 71,589 shares of company stock worth $18,580,205 in the last quarter. 8.90% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Needham & Company LLC reissued a "buy" rating and set a $300.00 price target on shares of Amazon.com in a research note on Friday, July 31st. TD Cowen reissued a "buy" rating and issued a $350.00 price objective (up from $340.00) on shares of Amazon.com in a research note on Friday, July 31st. Telsey Advisory Group set a $335.00 target price on shares of Amazon.com and gave the company an "outperform" rating in a report on Friday, July 31st. Arete Research upped their price target on shares of Amazon.com from $301.00 to $310.00 and gave the company a "buy" rating in a report on Monday, May 18th. Finally, Monness Crespi & Hardt increased their price target on shares of Amazon.com from $315.00 to $330.00 and gave the company a "buy" rating in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $323.09.

Amazon.com Stock Performance

Shares of NASDAQ AMZN opened at $266.43 on Friday. The company has a 50-day simple moving average of $251.62 and a 200-day simple moving average of $240.45. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. The company has a market cap of $2.87 trillion, a PE ratio of 21.43, a price-to-earnings-growth ratio of 1.77 and a beta of 1.45. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $287.20.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its 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. The firm had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. Amazon.com's revenue was up 19.6% compared to the same quarter last year. During the same quarter last year, the business earned $1.68 earnings per share. On average, equities analysts anticipate that Amazon.com, Inc. will post 8.05 earnings per share for the current year.

Amazon.com News Roundup

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

• Positive Sentiment: Evercore raises target on agentic AI potential. Evercore ISI lifted its AMZN price target to $355 from $315.16 and maintained an Outperform rating. The firm believes agentic AI could improve retail growth and strengthen trends across Amazon Web Services (AWS), advertising and e-commerce. Why is Amazon stock surging 4% today
• Positive Sentiment: Expanded Nvidia partnership reinforces AI demand. Amazon plans to add 2 million Nvidia GPUs to its data centers in 2027–2028, bringing its announced commitment to roughly 3 million chips. The spending signals strong expected demand for AWS AI capacity and helped distinguish Amazon positively within the AI infrastructure sector. Amazon just tripled its order of Nvidia chips over surging demand
• Positive Sentiment: AWS and AI economics remain major growth catalysts. Reports cited approximately 37% AWS revenue growth to $42.2 billion in the second quarter, while Amazon’s AI and chip businesses each reached annualized revenue run rates above $25 billion. Analysts also highlighted solid retail profitability and long-term cloud adoption. Amazon Stock: AI Investment Gains Momentum as AWS Revenue Surges
• Positive Sentiment: New distribution and energy initiatives support the platform. Amazon plans to expand Prime Air drone delivery to nearly 500 U.S. cities by year-end, while new power-purchase agreements add 600 megawatts of carbon-free electricity and support data-center expansion. Amazon is about to six times its drone delivery footprint
• Neutral Sentiment: Amazon-backed Zoox is launching robotaxi service in San Francisco, creating a potential long-term growth option but adding an unproven business with significant execution requirements. Amazon-backed Zoox launches robotaxis in San Francisco
• Negative Sentiment: AI spending is raising return-on-investment concerns. The enlarged GPU commitment adds to an already substantial capital budget, prompting investors to question whether AWS demand and AI monetization will justify the cost. Amazon’s post-earnings gains have also partially faded, and billionaire Bill Ackman reportedly shifted from Amazon to Microsoft.
• Negative Sentiment: California litigation over alleged price-fixing remains an overhang, although a judge indicated the state’s request to block Amazon’s practices would likely be denied. Judge likely to deny California’s bid to stop Amazon’s alleged price fixing

About Amazon.com

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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