Amazon.com, Inc. $AMZN Shares Sold by Barlow Wealth Partners LLC

Key Points

• Barlow Wealth Partners cut its Amazon stake by 89.2%: The firm sold 79,988 shares in the second quarter and retained 9,637 shares valued at approximately $2.35 million. Institutional investors still own 72.2% of Amazon’s stock.
• Analysts remain broadly bullish: Fifty-six analysts rate Amazon a Buy and three rate it a Hold, producing a consensus “Moderate Buy” rating and average price target of $321.63. Recent targets were raised as analysts cited AWS, generative AI and potential retail-margin improvements.
• Strong results are balanced by rising AI costs and risk: Amazon reported quarterly revenue of $200.61 billion and EPS of $5.75, both ahead of expectations, while revenue grew 19.6% year over year. However, heavy AI infrastructure spending, potential regulatory pressure and questions about AWS profitability could weigh on free cash flow.

Barlow Wealth Partners LLC cut its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 89.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,637 shares of the e-commerce giant's stock after selling 79,988 shares during the period. Barlow Wealth Partners LLC's holdings in Amazon.com were worth $2,348,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the company. Kickstand Ventures LLC. acquired a new position in shares of Amazon.com in the second quarter valued at approximately $200,000. Werlinich Asset Management LLC lifted its position in shares of Amazon.com by 0.7% in the 2nd quarter. Werlinich Asset Management LLC now owns 6,945 shares of the e-commerce giant's stock worth $1,655,000 after purchasing an additional 50 shares during the period. Prosperitas Financial LLC lifted its position in shares of Amazon.com by 4.6% in the 2nd quarter. Prosperitas Financial LLC now owns 44,696 shares of the e-commerce giant's stock worth $10,653,000 after purchasing an additional 1,955 shares during the period. NEOS Investment Management LLC boosted its stake in shares of Amazon.com by 10.8% in the 2nd quarter. NEOS Investment Management LLC now owns 3,933,172 shares of the e-commerce giant's stock valued at $937,432,000 after purchasing an additional 384,482 shares during the last quarter. Finally, Burford Brothers Inc. increased its position in shares of Amazon.com by 1.6% during the second quarter. Burford Brothers Inc. now owns 23,782 shares of the e-commerce giant's stock worth $5,668,000 after buying an additional 384 shares during the period. Institutional investors own 72.20% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on AMZN. Raymond James Financial reiterated an "outperform" rating and issued a $390.00 price target (up from $280.00) on shares of Amazon.com in a report on Friday, July 31st. Citizens Jmp reaffirmed a "market outperform" rating and set a $315.00 target price on shares of Amazon.com in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $325.00 target price (up from $315.00) on shares of Amazon.com in a research note on Friday, July 31st. Rosenblatt Securities raised their price objective on shares of Amazon.com from $335.00 to $360.00 and gave the stock a "buy" rating in a report on Wednesday. Finally, Wolfe Research reaffirmed an "outperform" rating and issued a $315.00 price objective on shares of Amazon.com in a research 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 stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $321.63.

Key Amazon.com News

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

• Positive Sentiment: AWS data-center push received support: Amazon Web Services pledged more than $1 billion over five years for communities hosting its U.S. data centers, including job training, education and infrastructure initiatives. The investment is intended to ease resistance to new facilities and help Amazon secure capacity for AI workloads. Amazon to invest $1 billion over five years in US data center communities
• Positive Sentiment: AI and AWS growth remain the main bullish catalyst: Reports highlighted AWS’s rapid expansion, a more than $1 billion Synopsys agreement supporting custom-chip development, and Anthropic’s expected long-term AWS commitments of roughly $110 billion. Amazon also launched an AI agent that audits customers’ cloud environments, potentially increasing AWS usage while improving customer cost, security and performance management. Amazon Is Both Landlord And Shareholder In Anthropic’s Giant Cloud Bet
• Positive Sentiment: Analyst confidence provided additional support: Goldman Sachs added Amazon to its conviction list, while New Street raised its price target to $385 and maintained a Buy rating. Analysts cited AWS growth, generative AI exposure and potential retail-margin improvement as reasons for longer-term upside. New Street Adjusts Price Target on Amazon.com to $385
• Neutral Sentiment: Amazon is reportedly exploring an $8 billion chip sale-and-leaseback: Moving Nvidia AI chips to an investment vehicle could make the balance sheet more asset-light and help fund capital spending, but it also underscores the scale of Amazon’s AI infrastructure costs and financing requirements. Amazon seeks to offload $8 billion of Nvidia chips
• Negative Sentiment: Investors face profitability and regulatory risks: Analysts questioned how much AWS earnings are distorted by unrealized Anthropic investment gains, while surging AI capital expenditures could pressure free cash flow. Potential tougher EU cloud rules, data-center opposition, warehouse labor actions and Prime-related settlement payments add further uncertainty. What Are Amazon Investors Paying for AWS Without Investment Gains?

Insiders Place Their Bets

In other Amazon.com news, CEO Matthew S. Garman sold 14,541 shares of the company's stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.06, for a total value of $3,766,991.46. Following the completion of the transaction, the chief executive officer directly owned 17,794 shares in the company, valued at approximately $4,609,713.64. This represents a 44.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Jassy sold 20,000 shares of Amazon.com stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the sale, the chief executive officer directly owned 2,235,766 shares in the company, valued at $579,085,751.66. The trade was a 0.89% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 70,589 shares of company stock worth $18,329,015. Company insiders own 8.90% of the company's stock.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $251.52 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. The business's 50 day simple moving average is $257.06 and its two-hundred day simple moving average is $248.25. The stock has a market capitalization of $2.71 trillion, a P/E ratio of 20.23, a price-to-earnings-growth ratio of 1.92 and a beta of 1.45. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $287.20.

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

Amazon.com Company Profile

Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.

Amazon's major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.