Amazon.com, Inc. $AMZN Shares Sold by Dynamic Advisor Solutions LLC

Key Points

• Dynamic Advisor Solutions LLC reduced its Amazon stake by 4.8% in the second quarter, selling 8,510 shares and retaining 169,533 shares worth approximately $40.4 million. Institutional investors and hedge funds collectively own 72.2% of Amazon.
• Amazon reported strong quarterly results, with earnings of $5.75 per share 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 rating of “Moderate Buy” and an average price target of $322.56, while company insiders sold $16.5 million of stock over the past 90 days.

Dynamic Advisor Solutions LLC decreased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 169,533 shares of the e-commerce giant's stock after selling 8,510 shares during the quarter. Amazon.com comprises 1.1% of Dynamic Advisor Solutions LLC's holdings, making the stock its 10th largest position. Dynamic Advisor Solutions LLC's holdings in Amazon.com were worth $40,407,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Norges Bank purchased a new stake in shares of Amazon.com in the fourth quarter valued at about $32,868,735,000. Auto Owners Insurance Co increased its position in Amazon.com by 27,376.7% during the fourth 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 raised its stake in Amazon.com by 20,598.0% during the fourth quarter. J. Stern & Co. LLP now owns 87,982,814 shares of the e-commerce giant's stock worth $20,308,193,000 after purchasing an additional 87,557,736 shares during the period. Nuveen LLC purchased a new position in Amazon.com during the first quarter worth about $11,674,091,000. Finally, Cardano Risk Management B.V. boosted its holdings in Amazon.com by 879.4% in the 4th 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 purchasing an additional 25,017,588 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Down 0.5%

NASDAQ:AMZN opened at $261.31 on Tuesday. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $287.20. The stock's fifty day moving average is $248.23 and its two-hundred day moving average is $238.78. The stock has a market capitalization of $2.82 trillion, a price-to-earnings ratio of 21.02, a price-to-earnings-growth ratio of 1.75 and a beta of 1.45. 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 issued 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. The business 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 company's revenue was up 19.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.68 earnings per share. Research analysts anticipate that Amazon.com, Inc. will post 8.05 EPS for the current year.

Insider Buying and Selling

In other news, CEO Matthew S. Garman sold 15,467 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $263.40, for a total transaction of $4,074,007.80. Following the sale, the chief executive officer owned 14,159 shares of the company's stock, valued at approximately $3,729,480.60. This represents a 52.21% decrease in their ownership of the stock. 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, VP Shelley Reynolds sold 2,363 shares of the firm's stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $262.38, for a total transaction of $620,003.94. Following the completion of the transaction, the vice president directly owned 119,780 shares of the company's stock, valued at approximately $31,427,876.40. The trade was a 1.93% 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. Insiders sold a total of 62,650 shares of company stock worth $16,535,457 over the last 90 days. 8.90% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on AMZN shares. Stifel Nicolaus set a $319.00 price target on shares of Amazon.com and gave the company a "buy" rating in a research note on Thursday, April 30th. Roth Capital reiterated a "buy" rating and issued a $325.00 price objective on shares of Amazon.com in a report on Monday, August 3rd. Jefferies Financial Group reiterated a "buy" rating on shares of Amazon.com in a research report on Thursday, June 18th. Raymond James Financial reissued an "outperform" rating and set a $390.00 target price (up from $280.00) on shares of Amazon.com in a research note on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $325.00 target price (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Amazon.com has a consensus rating of "Moderate Buy" and an average price target of $322.56.

Trending Headlines about 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

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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