Amazon.com, Inc. $AMZN Shares Newly Acquired by Beacon Pointe Advisors LLC

Key Points

• Beacon Pointe Advisors acquired 885,351 Amazon shares worth approximately $211 million in the second quarter, making Amazon its 15th-largest holding. Institutional investors collectively own 72.2% of the stock.
• Amazon reported stronger-than-expected quarterly results, with $5.75 in earnings per share and $200.61 billion in revenue, up 19.6% year over year.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $321.19, though investors continue to weigh heavy AI spending, execution risks, and insider selling.

Beacon Pointe Advisors LLC purchased a new position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 885,351 shares of the e-commerce giant's stock, valued at approximately $211,009,000. Amazon.com accounts for about 1.0% of Beacon Pointe Advisors LLC's portfolio, making the stock its 15th largest holding.

Several other hedge funds have also recently bought and sold shares of AMZN. Auto Owners Insurance Co grew its stake in Amazon.com by 27,376.7% in the 4th quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant's stock valued at $2,272,397,000 after acquiring an additional 98,090,585 shares during the last quarter. Bank of America Corp DE purchased a new stake in Amazon.com in the 2nd quarter valued at approximately $22,218,775,000. Bank of New York Mellon Corp acquired a new stake in Amazon.com during the 2nd quarter valued at $16,341,405,000. Legal & General Group Plc acquired a new stake in Amazon.com during the 2nd quarter valued at $12,831,376,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Amazon.com during the second quarter worth $6,631,466,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, SVP David Zapolsky sold 9,258 shares of the business's stock in a transaction on Monday, August 24th. The shares were sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the completion of the transaction, the senior vice president owned 41,190 shares of the company's stock, valued at approximately $10,699,926.30. The trade was a 18.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through 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 transaction of $606,860.43. Following the transaction, the vice president directly owned 119,780 shares of the company's stock, valued at $31,024,217.80. The trade was a 1.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 71,589 shares of company stock valued at $18,568,785 in the last three months. 8.90% of the stock is owned by corporate insiders.

Trending Headlines about Amazon.com

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

• Positive Sentiment: AWS and AI infrastructure remain the central bullish case. Analysts and commentators argue that Amazon’s roughly $200 billion 2026 capital-expenditure plan reflects substantial demand for AWS computing, custom chips and AI capacity. Amazon is also reportedly preparing to receive approximately $2.4 billion in backup-generator orders from Generac in 2027 and 2028, underscoring the scale of its data-center expansion. Amazon AI capital expenditures article Generac data-center orders article
• Positive Sentiment: Expansion of merchant services could broaden revenue beyond Amazon.com. New tools let sellers manage listings, inventory and orders across channels including Walmart, Shopify, TikTok and eBay. Amazon is also extending Prime delivery and fulfillment services to merchants’ own websites, potentially increasing third-party logistics revenue and seller dependence on its ecosystem. Amazon merchant services article
• Neutral Sentiment: Anthropic remains strategically important, but its infrastructure is becoming more diversified. Anthropic committed about $11.6 billion to an Akamai CPU agreement, which can be viewed as a setback for AWS. However, Amazon retains a major equity stake and an ongoing AWS relationship, limiting the immediate financial impact. Anthropic Akamai agreement article
• Negative Sentiment: Investors remain concerned that AI spending may outpace monetization. Goldman Sachs estimates hyperscalers may need roughly $300 billion in additional AI revenue to justify their investments, while Michael Burry and Jefferies’ Chris Wood have warned of leverage, overcapacity and potential write-offs. Those concerns could pressure AMZN’s valuation despite strong AWS demand. Goldman Sachs AI spending article
• Negative Sentiment: Amazon’s $3 billion India quick-commerce investment adds near-term cost and execution risk while the company attempts to catch rivals with a relatively small market share. The decision to block Meta’s Muse shopping agent also risks diverting AI-driven purchases toward Shopify and other platforms. Amazon India investment article

Amazon.com Stock Performance

Shares of AMZN stock opened at $249.67 on Friday. The company has a market cap of $2.69 trillion, a P/E ratio of 20.09, a PEG ratio of 1.93 and a beta of 1.44. The business has a 50 day moving average of $256.39 and a two-hundred day moving average of $246.96. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $287.20. 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 quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping analysts' consensus estimates of $1.82 by $3.93. The business had revenue of $200.61 billion for 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 quarterly revenue was up 19.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.68 EPS. As a group, analysts anticipate that Amazon.com, Inc. will post 8.01 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on AMZN. The Goldman Sachs Group restated a "buy" rating and issued a $375.00 target price (up from $335.00) on shares of Amazon.com in a report on Friday, July 31st. Zacks Research downgraded Amazon.com from a "strong-buy" rating to a "hold" rating in a report on Monday, September 14th. Needham & Company LLC reissued a "buy" rating and set a $300.00 price target on shares of Amazon.com in a research note on Friday, July 31st. UBS Group set a $200.00 price objective on Amazon.com in a report on Thursday, September 17th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Amazon.com from $330.00 to $365.00 and gave the company an "overweight" rating in a report on Friday, July 31st. Fifty-six investment 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, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $321.19.

Amazon.com Company Profile

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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