Amazon.com, Inc. $AMZN is Generali Investments Management Co LLC's 3rd Largest Position

Key Points

• Generali Investments Management cut its Amazon stake by 6.4% in the second quarter, selling 8,956 shares and retaining 131,319 shares worth approximately $31.3 million. Amazon remains the firm’s third-largest position, representing about 6.8% of its portfolio.
• Amazon reported quarterly EPS of $5.75, far above the $1.82 consensus estimate, while revenue rose 19.6% year over year to $200.61 billion. Institutional investors collectively own approximately 72.2% of the company.
• Analyst sentiment remains strongly positive, with a consensus “Moderate Buy” rating and an average price target of about $322.39, compared with a recent share price of $258.63. Key catalysts include AWS and AI growth, although heavy investment spending and execution risks remain concerns.

Generali Investments Management Co LLC lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 6.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,319 shares of the e-commerce giant's stock after selling 8,956 shares during the period. Amazon.com accounts for approximately 6.8% of Generali Investments Management Co LLC's portfolio, making the stock its 3rd largest position. Generali Investments Management Co LLC's holdings in Amazon.com were worth $31,299,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Red Crane Wealth Management LLC increased its holdings in shares of Amazon.com by 2.3% in the 1st quarter. Red Crane Wealth Management LLC now owns 1,663 shares of the e-commerce giant's stock valued at $346,000 after acquiring an additional 38 shares during the period. Robinson Smith Wealth Advisors LLC boosted its stake in Amazon.com by 0.7% during the 1st quarter. Robinson Smith Wealth Advisors LLC now owns 5,509 shares of the e-commerce giant's stock worth $1,147,000 after purchasing an additional 40 shares during the period. Sfam LLC increased its stake in Amazon.com by 3.4% in the first quarter. Sfam LLC now owns 1,224 shares of the e-commerce giant's stock valued at $255,000 after purchasing an additional 40 shares during the period. Measured Risk Portfolios Inc. raised its holdings in shares of Amazon.com by 3.4% in the first quarter. Measured Risk Portfolios Inc. now owns 1,206 shares of the e-commerce giant's stock valued at $251,000 after buying an additional 40 shares during the last quarter. Finally, CoreFirst Bank & Trust raised its holdings in shares of Amazon.com by 1.1% in the first quarter. CoreFirst Bank & Trust now owns 3,620 shares of the e-commerce giant's stock valued at $754,000 after buying an additional 40 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Price Performance

Amazon.com stock opened at $258.63 on Monday. The firm has a market capitalization of $2.79 trillion, a PE ratio of 20.81, a P/E/G ratio of 1.72 and a beta of 1.45. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $287.20. The firm's 50-day simple moving average is $249.86 and its 200 day simple moving average is $239.32. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23.

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. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company had revenue of $200.61 billion during the quarter, compared to analysts' expectations of $197.03 billion. During the same quarter in the previous year, the business posted $1.68 earnings per share. The firm's quarterly revenue was up 19.6% compared to the same quarter last year. On average, equities research analysts predict that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Analyst Ratings Changes

AMZN has been the topic of several recent research reports. BMO Capital Markets restated an "outperform" rating and issued a $360.00 price target (up from $355.00) on shares of Amazon.com in a research report on Tuesday, July 28th. HSBC reiterated a "buy" rating and issued a $310.00 target price on shares of Amazon.com in a research note on Friday, July 31st. Maxim Group boosted their target price on Amazon.com from $290.00 to $315.00 and gave the company a "buy" rating in a report on Thursday, April 30th. Sanford C. Bernstein restated an "outperform" rating and set a $320.00 price target (up from $315.00) on shares of Amazon.com in a research note on Friday, July 31st. Finally, Canaccord Genuity Group increased their price target on Amazon.com from $300.00 to $330.00 and gave the stock a "buy" rating in a report on Thursday, April 30th. One equities research 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 company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $322.39.

Insider Activity

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

Trending Headlines about 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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