Amazon.com, Inc. $AMZN Shares Bought by Mirador Capital Partners LP

Key Points

• Mirador Capital Partners increased its Amazon stake by 11.2% in the second quarter, bringing its holdings to 124,393 shares valued at approximately $29.6 million. Institutional investors collectively own 72.2% of Amazon’s stock.
• Amazon reported strong quarterly results, with earnings per share of $5.75 versus the $1.82 consensus estimate and revenue of $200.61 billion, up 19.6% year over year.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $322.56, compared with the reported share price of $261.31.

Mirador Capital Partners LP increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 11.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 124,393 shares of the e-commerce giant's stock after buying an additional 12,550 shares during the quarter. Amazon.com accounts for about 3.6% of Mirador Capital Partners LP's portfolio, making the stock its 5th biggest holding. Mirador Capital Partners LP's holdings in Amazon.com were worth $29,648,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of AMZN. Trinity Wealth Management LLC bought a new stake in Amazon.com in the 2nd quarter valued at approximately $254,000. DMKC Advisory Services LLC grew its stake in shares of Amazon.com by 9.3% during the 2nd quarter. DMKC Advisory Services LLC now owns 4,085 shares of the e-commerce giant's stock worth $974,000 after acquiring an additional 348 shares in the last quarter. Balefire LLC raised its holdings in shares of Amazon.com by 13.1% in the second quarter. Balefire LLC now owns 19,529 shares of the e-commerce giant's stock valued at $4,655,000 after purchasing an additional 2,255 shares during the last quarter. McNaughton Wealth Management LLC raised its holdings in shares of Amazon.com by 5.2% in the second quarter. McNaughton Wealth Management LLC now owns 9,617 shares of the e-commerce giant's stock valued at $2,292,000 after purchasing an additional 474 shares during the last quarter. Finally, Systrade AG bought a new stake in shares of Amazon.com in the second quarter worth $2,407,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Down 0.5%

Shares of AMZN opened at $261.31 on Tuesday. The firm has a market cap of $2.82 trillion, a P/E ratio of 21.02, a price-to-earnings-growth ratio of 1.75 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 52 week low of $196.00 and a 52 week high of $287.20. The firm's 50-day simple moving average is $248.23 and its 200 day simple moving average is $238.78.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $200.61 billion during the quarter, compared to analysts' expectations of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The business's revenue was up 19.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.68 earnings per share. On average, analysts forecast that Amazon.com, Inc. will post 8.05 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Telsey Advisory Group set a $335.00 target price on shares of Amazon.com and gave the stock an "outperform" rating in a report on Friday, July 31st. BMO Capital Markets reissued an "outperform" rating and set a $360.00 price target (up from $355.00) on shares of Amazon.com in a research report on Tuesday, July 28th. Pivotal Research restated a "buy" rating and issued a $333.00 price objective (up from $320.00) on shares of Amazon.com in a report on Friday, July 31st. HSBC reissued a "buy" rating and set a $310.00 price target on shares of Amazon.com in a research report on Friday, July 31st. Finally, Sanford C. Bernstein restated an "outperform" rating and issued a $320.00 price objective (up from $315.00) on shares of Amazon.com in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Amazon.com has a consensus rating of "Moderate Buy" and a consensus target price of $322.56.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Morgan Stanley maintained a Buy rating and a $335 price target, arguing that AWS could eventually become a $1 trillion annual-revenue business. The firm’s bullish case sees substantial upside if AI demand supports sustained cloud growth and improved earnings. Amazon Maintained at Buy as Analyst Sees Trillion-Dollar AWS Opportunity
• Positive Sentiment: Several prominent investors increased their Amazon exposure. Stanley Druckenmiller raised Duquesne’s position by more than 11 times, David Tepper made Amazon Appaloosa’s largest holding, and Peter Thiel’s fund listed AMZN as its top disclosed stock. These filings reinforce institutional confidence in Amazon’s AI and cloud strategy. Billionaire Investors’ Amazon Positions
• Positive Sentiment: Investor commentary highlighted AWS’s internally developed chips as a potentially underappreciated business that could improve Amazon’s AI economics and create additional strategic value. Amazon’s Underappreciated Chip Business
• Positive Sentiment: Amazon’s investment in Anthropic has become large enough to affect reported earnings, adding potential upside from AI-related holdings, although private-company valuations can be difficult to realize. Amazon’s Anthropic Investment

Insider Activity at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 1,000 shares of Amazon.com stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $278.39, for a total value of $278,390.00. Following the completion of the sale, the chief executive officer owned 483,527 shares in the company, valued at $134,609,081.53. The trade was a 0.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 20,000 shares of the business's stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $263.42, for a total transaction of $5,268,400.00. Following the completion of the sale, the chief executive officer directly owned 2,205,766 shares of the company's stock, valued at $581,042,879.72. This represents a 0.90% 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 ninety days, insiders have sold 62,650 shares of company stock valued at $16,535,457. 8.90% of the stock is currently owned by insiders.

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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