Amazon.com, Inc. $AMZN Shares Acquired by Generate Investment Management Ltd

Key Points

• Generate Investment Management Ltd increased its Amazon stake by 19.2% in the first quarter, buying 130,723 more shares and bringing its total to 810,357 shares worth about $168.8 million.
• Amazon continues to attract heavy institutional interest, with multiple large funds adding to positions and 72.20% of the stock now held by institutional investors and hedge funds.
• The company’s recent operating and sentiment backdrop remains positive: Amazon beat quarterly EPS and revenue estimates, while analysts mostly maintain Buy ratings and raise price targets amid optimism around AWS, AI demand, and Prime Day sales.

Generate Investment Management Ltd boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 19.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 810,357 shares of the e-commerce giant's stock after purchasing an additional 130,723 shares during the quarter. Amazon.com comprises approximately 8.3% of Generate Investment Management Ltd's investment portfolio, making the stock its 3rd biggest position. Generate Investment Management Ltd's holdings in Amazon.com were worth $168,773,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Norges Bank bought a new position in shares of Amazon.com during the fourth quarter worth approximately $32,868,735,000. Auto Owners Insurance Co lifted its holdings in Amazon.com by 27,376.7% during the 4th quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant's stock worth $2,272,397,000 after purchasing an additional 98,090,585 shares during the last quarter. J. Stern & Co. LLP boosted its stake in Amazon.com by 20,598.0% in the 4th quarter. J. Stern & Co. LLP now owns 87,982,814 shares of the e-commerce giant's stock valued at $20,308,193,000 after purchasing an additional 87,557,736 shares during the period. Nuveen LLC bought a new stake in shares of Amazon.com in the first quarter valued at about $11,674,091,000. Finally, Cardano Risk Management B.V. grew its stake in shares of Amazon.com by 879.4% in the fourth quarter. Cardano Risk Management B.V. now owns 27,862,400 shares of the e-commerce giant's stock valued at $6,431,199,000 after acquiring an additional 25,017,588 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

More Amazon.com News

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

• Positive Sentiment: Amazon Web Services raised prices on certain AI GPU and capacity-block offerings, which suggests strong demand and improved pricing power for its cloud business. Article Title
• Positive Sentiment: Amazon said it will invest an additional $13 billion in India through 2030 to expand AI and cloud infrastructure, reinforcing long-term growth ambitions in a key market. Article Title
• Positive Sentiment: Prime Day appears to be generating strong demand, with reports pointing to record sales expectations and early momentum from AI-driven shopping activity. Article Title
• Positive Sentiment: Several analysts reiterated bullish views, including Wells Fargo and BMO Capital, signaling continued confidence in Amazon’s cloud, advertising, and AI-driven earnings power. Article Title
• Neutral Sentiment: Media coverage also highlighted Amazon as a stock that hedge funds and prominent investors continue to own heavily, but these are not immediate fundamental catalysts. Article Title
• Negative Sentiment: Some articles pointed to ongoing concerns about Amazon’s heavy capex, insider selling, and the stock breaking below key technical levels, which may be limiting gains. Article Title
• Negative Sentiment: Separately, EU regulators said Amazon’s cloud business may face stricter competition rules, adding a potential overhang for AWS. Article Title

Insider Buying and Selling at Amazon.com

In related news, CEO Andrew R. Jassy sold 31,352 shares of the firm's stock in a transaction on Monday, May 4th. The stock was sold at an average price of $275.00, for a total transaction of $8,621,800.00. Following the completion of the transaction, the chief executive officer directly owned 2,175,766 shares of the company's stock, valued at $598,335,650. This trade represents a 1.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 27,500 shares of the business's stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $275.00, for a total transaction of $7,562,500.00. Following the completion of the transaction, the chief executive officer owned 471,361 shares in the company, valued at $129,624,275. This trade represents a 5.51% 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. In the last quarter, insiders have sold 195,774 shares of company stock valued at $51,614,434. Insiders own 8.90% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Evercore raised their price target on shares of Amazon.com from $285.00 to $315.00 and gave the stock an "outperform" rating in a research report on Thursday, April 30th. TD Cowen reissued a "buy" rating and issued a $350.00 price objective on shares of Amazon.com in a report on Tuesday, May 12th. Moffett Nathanson increased their target price on shares of Amazon.com from $283.00 to $288.00 and gave the stock a "buy" rating in a research report on Tuesday, April 7th. Pivotal Research reaffirmed a "buy" rating and set a $320.00 target price (up from $300.00) on shares of Amazon.com in a report on Thursday, April 30th. Finally, Citizens Jmp reiterated a "market outperform" rating and issued a $315.00 price target on shares of Amazon.com in a research note on Friday, April 10th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Amazon.com currently has an average rating of "Moderate Buy" and a consensus target price of $312.78.

Amazon.com Stock Up 2.5%

NASDAQ AMZN opened at $232.69 on Friday. The business has a fifty day moving average price of $255.53 and a two-hundred day moving average price of $234.13. The stock has a market capitalization of $2.50 trillion, a PE ratio of 27.83, a PEG ratio of 1.70 and a beta of 1.44. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $278.56. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, beating analysts' consensus estimates of $1.63 by $1.15. The company had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The firm's quarterly revenue was up 16.6% compared to the same quarter last year. During the same period last year, the company posted $1.59 EPS. Equities analysts expect that Amazon.com, Inc. will post 7.71 earnings per share for the current fiscal year.

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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