Amazon.com, Inc. $AMZN Shares Sold by IPG Investment Advisors LLC

Key Points

• IPG Investment Advisors cut its Amazon stake by 3.9% in the second quarter, selling 4,045 shares and retaining 98,914 shares valued at approximately $23.6 million. Institutional investors collectively own 72.2% of Amazon.
• Analysts remain broadly bullish, with 56 Buy ratings and three Holds; the consensus price target is $322.86. Amazon also reported quarterly revenue growth of 19.6% year over year and earnings of $5.75 per share, well above estimates.
• Amazon faces concerns over roughly $220 billion in planned 2026 AI spending, additional retail layoffs, regulatory risks and insider selling. The stock opened at $254.06, down 2.3%, with shares trading between a one-year range of $196.00 and $287.20.

IPG Investment Advisors LLC lessened its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 98,914 shares of the e-commerce giant's stock after selling 4,045 shares during the quarter. Amazon.com makes up 3.4% of IPG Investment Advisors LLC's holdings, making the stock its 3rd biggest position. IPG Investment Advisors LLC's holdings in Amazon.com were worth $23,575,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. TOP Private Wealth LLC. acquired a new position in Amazon.com in the 2nd quarter worth about $29,000. Bard Associates Inc. acquired a new stake in Amazon.com in the second quarter valued at approximately $32,000. Longfellow Investment Management Co. LLC acquired a new stake in Amazon.com in the second quarter valued at approximately $33,000. Lifetime Wealth Management P.C. purchased a new stake in shares of Amazon.com in the fourth quarter valued at approximately $45,000. Finally, Prudent Man Investment Management Inc. raised its stake in shares of Amazon.com by 87.7% during the 4th quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant's stock worth $53,000 after buying an additional 107 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Activity at Amazon.com

In related news, CEO Matthew Garman sold 14,541 shares of the company's stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.06, for a total value of $3,766,991.46. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 6,362 shares of the firm's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $1,647,821.62. Following the sale, the chief executive officer directly owned 476,681 shares of the company's stock, valued at approximately $123,465,145.81. This trade represents a 1.32% decrease in their position. 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 valued at $18,580,515 over the last ninety days. Corporate insiders own 8.90% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on AMZN shares. Evercore set a $355.00 target price on Amazon.com and gave the company an "outperform" rating in a research report on Friday, August 28th. JPMorgan Chase & Co. boosted their price target on shares of Amazon.com from $330.00 to $365.00 and gave the stock an "overweight" rating in a report on Friday, July 31st. KeyCorp increased their price objective on shares of Amazon.com from $335.00 to $350.00 and gave the company an "overweight" rating in a report on Friday, July 31st. The Goldman Sachs Group reissued a "buy" rating and set a $375.00 target price (up from $335.00) on shares of Amazon.com in a research note on Friday, July 31st. Finally, TD Cowen restated a "buy" rating and set a $350.00 price target on shares of Amazon.com in a research report on Monday. Fifty-six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $322.86.

Amazon.com News Roundup

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

• Positive Sentiment: Analysts remain broadly bullish on Amazon, citing accelerating AWS growth, expanding AI-services revenue and potential upside from advertising, logistics and other businesses. One report noted that 58 analysts cover the stock without a sell rating. 58 Analysts, Zero Sells: Amazon’s Price Target Is a Rare Consensus
• Positive Sentiment: Amazon launched three higher-priced Alexa-branded tablets running Android with Google Play access, positioning the devices against Apple and Samsung while expanding Alexa+ and AI monetization opportunities. Amazon launches first Android tablets, raising prices and incorporating Alexa
• Positive Sentiment: Amazon’s AWS pricing team is using an AI chatbot to automate complex customer-deal analysis, illustrating how the company is applying AI internally to improve productivity and potentially margins. AWS pricing team turns Excel model into an AI chatbot
• Neutral Sentiment: Amazon is adding two China-to-U.S. air-freight services, which could improve inventory replenishment and peak-season execution, although the financial impact was not disclosed. Amazon launches two new China-to-U.S. air freight options
• Negative Sentiment: Investors are concerned that planned 2026 capital spending of roughly $220 billion on AI infrastructure could push free cash flow further negative before the investments generate sufficient returns. Rising Treasury yields and oil prices are also pressuring technology valuations. Amazon stock hits rare valuation lows
• Negative Sentiment: Amazon confirmed another round of reductions affecting fewer than 1,000 employees, primarily in its Stores division. The cuts may support efficiency but also signal restructuring pressure in the core e-commerce business. Amazon makes fresh job cuts, mainly in retail division
• Negative Sentiment: Amazon is blocking external AI shopping agents such as Meta’s Muse from accessing its marketplace. Critics argue the policy could encourage startups to develop competing shopping platforms and weaken Amazon’s role in agent-driven commerce. Why Amazon is making a big AI mistake
• Negative Sentiment: An FTC lawsuit alleges Amazon overcharged advertisers by more than $20 billion, adding regulatory and potential financial risks to the company’s advertising business.

Amazon.com Trading Down 2.3%

AMZN opened at $254.06 on Friday. The firm has a market capitalization of $2.74 trillion, a price-to-earnings ratio of 20.44, a price-to-earnings-growth ratio of 2.01 and a beta of 1.45. The company's 50 day simple moving average is $259.01 and its two-hundred day simple moving average is $249.79. 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 current ratio of 1.03 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating the consensus estimate 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 analysts' expectations of $197.03 billion. During the same quarter last year, the firm earned $1.68 earnings per share. The business's revenue for the quarter was up 19.6% on a year-over-year basis. Analysts expect that Amazon.com, Inc. will post 8.03 EPS for the current fiscal 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.