Amazon.com, Inc. $AMZN Shares Acquired by Wedbush Fund Advisers LLC

Key Points

• Wedbush Fund Advisers increased its Amazon stake by 6.4% in the second quarter, owning 217,726 shares valued at approximately $51.9 million. Institutional investors and hedge funds collectively own 72.2% of Amazon’s stock.
• Amazon reported quarterly EPS of $5.75, substantially above the $1.82 consensus estimate, while revenue rose 19.6% year over year to $200.61 billion. Analysts maintain a broadly bullish outlook, with a “Moderate Buy” consensus and an average price target of $321.19.
• Amazon insiders sold 71,589 shares worth approximately $18.6 million over the past 90 days, including sales by senior executives under pre-arranged Rule 10b5-1 trading plans.

Wedbush Fund Advisers LLC lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 217,726 shares of the e-commerce giant's stock after acquiring an additional 13,135 shares during the period. Amazon.com accounts for about 4.6% of Wedbush Fund Advisers LLC's holdings, making the stock its 7th biggest position. Wedbush Fund Advisers LLC's holdings in Amazon.com were worth $51,893,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Route One Investment Company L.P. purchased a new stake in Amazon.com in the 2nd quarter valued at $246,015,000. Kinetic Partners Management LP acquired a new stake in Amazon.com during the 2nd quarter worth approximately $182,938,000. Merited Wealth LLC purchased a new position in shares of Amazon.com in the 2nd quarter valued at approximately $258,000. ABS Investment Management LLC acquired a new position in shares of Amazon.com in the second quarter valued at approximately $1,358,538,000. Finally, EFG International AG purchased a new position in Amazon.com during the 2nd quarter worth $195,147,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Price Performance

Amazon.com stock opened at $249.27 on Thursday. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. The firm has a 50 day moving average price of $256.35 and a 200 day moving average price of $246.69. The company has a market cap of $2.69 trillion, a price-to-earnings ratio of 20.05, a PEG ratio of 1.98 and a beta of 1.44.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, topping the consensus estimate of $1.82 by $3.93. The company had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The firm's revenue was up 19.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.68 earnings per share. Sell-side analysts predict that Amazon.com, Inc. will post 8.01 earnings per share for the current year.

Insider Activity at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 9,258 shares of the company'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 transaction, the senior vice president directly owned 41,190 shares of the company's stock, valued at $10,699,926.30. This represents a 18.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,343 shares of the business's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $606,860.43. Following the completion of the sale, 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 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. Insiders sold 71,589 shares of company stock worth $18,568,785 over the last ninety days. Company insiders own 8.90% of the company's stock.

Amazon.com News Summary

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

• Positive Sentiment: AI and cloud growth remain major potential catalysts. Amazon Web Services reportedly has a $496 billion backlog and a cloud operating margin near 39%, while the company launched agentic AI tools to automate listings, inventory management and other tasks for third-party sellers. These developments reinforce the investment case that AWS and AI can drive long-term earnings growth. Amazon rolls out new agentic AI for third-party sellers
• Positive Sentiment: Amazon is expanding higher-value advertising and commerce services. A deeper Best Buy Fire TV agreement will use Amazon Ads technology across Insignia televisions, potentially increasing connected-TV advertising revenue. Amazon also expanded its U.K. partnership with Affirm and its pickup network to nearly 30,000 locations, supporting customer convenience and transaction growth. Best Buy, Amazon Deepen Fire TV Alliance
• Neutral Sentiment: Anthropic’s potential $2 trillion IPO could benefit Amazon. Amazon is an Anthropic backer and could gain from the value of its investment and increased demand for AWS infrastructure, although the timing, valuation and eventual financial benefit remain uncertain. Alphabet vs. Amazon: Which Anthropic Backer Will Benefit More?
• Negative Sentiment: Amazon’s dispute with Meta over the Muse shopping agent creates strategic risk. Amazon blocked Meta’s rapidly adopted AI agent from accessing its marketplace, protecting control over customer data and checkout but potentially allowing rivals such as Shopify to capture agent-driven commerce. The standoff also raises questions about future rules for automated shopping. Meta's standoff with Amazon over Muse
• Negative Sentiment: Rising labor and delivery spending may weigh on margins. Amazon plans to invest $1.9 billion in its Delivery Service Partner program and is rehiring former employees for AI and cloud roles. Higher wages and staffing costs could pressure near-term profitability even if they support capacity and growth. Amazon puts another $1.9 billion into its delivery network
• Negative Sentiment: Sustainability execution is an investor concern. Amazon’s chief sustainability officer said the company does not yet know how it will achieve its 2040 net-zero carbon target, raising reputational and regulatory risks. Amazon's net-zero carbon challenge
• Negative Sentiment: Macro conditions amplified the selling pressure. Amazon was among the large technology stocks weighing on a weaker market as Treasury yields and oil prices rose, increasing valuation pressure on growth-oriented companies.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Pivotal Research restated a "buy" rating and issued a $333.00 target price (up from $320.00) on shares of Amazon.com in a research note on Friday, July 31st. Roth Capital reissued a "buy" rating and set a $325.00 price target on shares of Amazon.com in a report on Monday, August 3rd. Jefferies Financial Group restated a "buy" rating on shares of Amazon.com in a research report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $325.00 price target (up from $315.00) on shares of Amazon.com in a research note on Friday, July 31st. Finally, Needham & Company LLC reiterated a "buy" rating and set a $300.00 price target on shares of Amazon.com in a research report on Friday, July 31st. Fifty-six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $321.19.

About Amazon.com

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon's websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

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