Amazon.com, Inc. $AMZN Stake Raised by Formuepleje A S

Key Points

• Formuepleje A S increased its Amazon stake by 34.1% in the second quarter, adding 49,233 shares to own 193,555 shares valued at approximately $46.1 million.
• Institutional investors hold 72.2% of Amazon’s stock, while Wall Street remains broadly bullish: 56 analysts rate it Buy and three Hold, with an average price target of $322.86.
• Amazon’s latest quarterly results exceeded expectations, with EPS of $5.75 and revenue of $200.61 billion, representing 19.6% year-over-year growth.

Formuepleje A S boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 34.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 193,555 shares of the e-commerce giant's stock after buying an additional 49,233 shares during the quarter. Amazon.com accounts for 3.6% of Formuepleje A S's investment portfolio, making the stock its 11th largest position. Formuepleje A S's holdings in Amazon.com were worth $46,132,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Auto Owners Insurance Co boosted its holdings in Amazon.com by 27,376.7% in the fourth 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 purchasing an additional 98,090,585 shares during the period. Bank of America Corp DE purchased a new stake in Amazon.com during the 2nd quarter worth about $22,218,775,000. Bank of New York Mellon Corp acquired a new stake in Amazon.com in the 2nd quarter valued at about $16,341,405,000. Amundi raised its position in Amazon.com by 3.9% in the 2nd quarter. Amundi now owns 63,822,242 shares of the e-commerce giant's stock valued at $15,211,393,000 after purchasing an additional 2,421,739 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Amazon.com by 3.3% in the 4th quarter. Invesco Ltd. now owns 59,604,857 shares of the e-commerce giant's stock valued at $13,757,993,000 after buying an additional 1,879,630 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Wall Street Analyst Weigh In

AMZN has been the topic of a number of recent research reports. BMO Capital Markets restated an "outperform" rating and set a $360.00 target price (up from $355.00) on shares of Amazon.com in a research note on Tuesday, July 28th. Monness Crespi & Hardt lifted their price target on shares of Amazon.com from $315.00 to $330.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. The Goldman Sachs Group reiterated a "buy" rating and set a $375.00 price target (up from $335.00) on shares of Amazon.com in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $325.00 price objective (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. Finally, Robert W. Baird set a $310.00 price objective on shares of Amazon.com and gave the company an "outperform" rating in a report on Friday, July 31st. Fifty-six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $322.86.

Amazon.com News Roundup

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

• Positive Sentiment: Amazon’s Prime Big Deal Days launched with discounts on electronics and other products, providing a near-term test of consumer demand and a potential boost to fourth-quarter retail revenue. Amazon Prime Big Deal Days
• Positive Sentiment: TD Cowen reaffirmed a Buy rating and set a $350 price target. Other coverage highlighted AMZN’s valuation near 20 times earnings as historically low for the company, supporting the view that AI and AWS growth may not be fully reflected in the stock. TD Cowen Amazon Rating
• Positive Sentiment: Prime Video secured a six-year agreement to stream the Emmy Awards beginning in 2027. The deal strengthens Amazon’s streaming content portfolio and could support Prime engagement, although its direct financial impact is likely modest. Amazon Emmy Awards Deal
• Positive Sentiment: Amazon is reportedly exploring an $8 billion Nvidia-chip financing structure, while continuing investments in custom chips, nuclear power and data centers. These moves could improve capital flexibility and expand AWS’s AI capacity as demand remains strong. Amazon Nvidia Chip Financing
• Neutral Sentiment: A senior Amazon finance executive, James Dibbo, is leaving to become Pinterest’s CFO. The departure may be viewed as a modest talent loss, but he represented only one executive within Amazon’s broad finance organization. Pinterest Hires Amazon Executive
• Negative Sentiment: Investors remain concerned that roughly $200 billion in annual AI and data-center spending could pressure free cash flow before new capacity generates revenue. Power constraints, community opposition and uncertain returns increase execution risk. Amazon Data Center Spending Risks
• Negative Sentiment: CEO Douglas Herrington sold 1,000 shares under a pre-arranged Rule 10b5-1 plan. The transaction reduced his holdings by only 0.21% and is unlikely to materially affect the investment case, but may create minor headline pressure. SEC Insider Sale Filing

Amazon.com Price Performance

Shares of AMZN opened at $256.29 on Wednesday. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $287.20. The stock has a market cap of $2.76 trillion, a PE ratio of 20.62, a price-to-earnings-growth ratio of 1.94 and a beta of 1.45. 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 firm has a fifty day moving average price of $257.97 and a 200 day moving average price of $249.09.

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 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 company had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. During the same quarter last year, the company posted $1.68 earnings per share. The business's quarterly revenue was up 19.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 8.03 EPS for the current year.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 20,000 shares of the business's stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $5,180,200.00. Following the completion of the sale, the chief executive officer owned 2,235,766 shares in the company, valued at approximately $579,085,751.66. The trade was a 0.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $259.77, for a total value of $2,404,950.66. Following the completion of the sale, the senior vice president directly owned 41,190 shares of the company's stock, valued at $10,699,926.30. The trade was a 18.35% decrease in their ownership of the stock. 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. Over the last quarter, insiders sold 71,589 shares of company stock worth $18,580,515. Insiders own 8.90% of the company's stock.

About Amazon.com

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.

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