Amazon.com, Inc. $AMZN is Egerton Capital UK LLP's 4th Largest Position

Key Points

• Egerton Capital UK increased its Amazon stake by 51.2% in the second quarter to 3.57 million shares valued at approximately $851.7 million, making Amazon its fourth-largest holding. Institutional investors collectively own 72.2% of the company.
• Amazon reported quarterly earnings of $5.75 per share, well above the $1.82 consensus estimate, while revenue rose 19.6% year over year to $200.61 billion. Analysts maintain a broadly bullish view, with a consensus “Moderate Buy” rating and an average price target of $323.09.
• AI and AWS remain key growth drivers, supported by Amazon’s planned addition of 2 million Nvidia GPUs and reported 37% AWS revenue growth; however, the larger AI spending commitment raises return-on-investment concerns, while insider selling and California price-fixing litigation remain potential overhangs.

Egerton Capital UK LLP raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 51.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,573,408 shares of the e-commerce giant's stock after acquiring an additional 1,210,074 shares during the quarter. Amazon.com makes up 8.2% of Egerton Capital UK LLP's investment portfolio, making the stock its 4th biggest holding. Egerton Capital UK LLP's holdings in Amazon.com were worth $851,686,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Quantum Financial Partners LLC acquired a new position in Amazon.com in the second quarter valued at approximately $1,622,000. Envestnet Portfolio Solutions Inc. lifted its position in shares of Amazon.com by 13.7% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 517,750 shares of the e-commerce giant's stock worth $123,380,000 after buying an additional 62,417 shares during the last quarter. B.O.S.S. Retirement Advisors LLC boosted its holdings in shares of Amazon.com by 5.3% in the 2nd quarter. B.O.S.S. Retirement Advisors LLC now owns 17,114 shares of the e-commerce giant's stock valued at $4,079,000 after buying an additional 854 shares in the last quarter. Arkansas Financial Group Inc. grew its position in shares of Amazon.com by 3.3% in the 2nd quarter. Arkansas Financial Group Inc. now owns 2,658 shares of the e-commerce giant's stock valued at $633,000 after buying an additional 85 shares during the last quarter. Finally, Gibraltar Capital Management Inc. raised its stake in Amazon.com by 5.9% during the 2nd quarter. Gibraltar Capital Management Inc. now owns 5,151 shares of the e-commerce giant's stock worth $1,228,000 after acquiring an additional 288 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Stock Performance

Shares of AMZN opened at $266.43 on Friday. The stock has a market capitalization of $2.87 trillion, a P/E ratio of 21.43, a P/E/G ratio of 1.71 and a beta of 1.45. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The company's fifty day moving average is $251.62 and its two-hundred day moving average is $240.45.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, topping the consensus estimate 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% on a year-over-year basis. During the same period in the prior year, the company posted $1.68 earnings per share. On average, sell-side analysts predict that Amazon.com, Inc. will post 8.05 earnings per share for the current year.

Insider Transactions at Amazon.com

In related news, SVP David Zapolsky sold 9,258 shares of the firm's stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $259.77, for a total value of $2,404,950.66. Following the completion of the transaction, the senior vice president directly owned 41,190 shares of the company's stock, valued at $10,699,926.30. This trade represents a 18.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of Amazon.com stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.06, for a total value of $3,766,991.46. Following the transaction, the chief executive officer directly owned 17,794 shares of the company's stock, valued at approximately $4,609,713.64. This represents a 44.97% decrease in their ownership of the stock. 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 three months, insiders have sold 71,589 shares of company stock valued at $18,580,205. 8.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several research reports. Bank of America raised their price objective on Amazon.com from $310.00 to $320.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Roth Capital reaffirmed a "buy" rating and set a $325.00 price target on shares of Amazon.com in a research report on Monday, August 3rd. HSBC reiterated a "buy" rating and issued a $310.00 price objective on shares of Amazon.com in a research note on Friday, July 31st. JPMorgan Chase & Co. increased their price objective on Amazon.com from $330.00 to $365.00 and gave the company an "overweight" rating in a report on Friday, July 31st. Finally, 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. One analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $323.09.

Key Stories Impacting Amazon.com

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

Amazon.com Company 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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