Amazon.com, Inc. $AMZN Stock Holdings Boosted by ABN Amro Investment Solutions

ABN Amro Investment Solutions grew its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 8.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,588,037 shares of the e-commerce giant's stock after purchasing an additional 121,764 shares during the period. Amazon.com comprises about 3.3% of ABN Amro Investment Solutions' portfolio, making the stock its 4th largest position. ABN Amro Investment Solutions' holdings in Amazon.com were worth $378,493,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Apollon Financial LLC grew its position in Amazon.com by 0.3% during the second quarter. Apollon Financial LLC now owns 89,504 shares of the e-commerce giant's stock valued at $21,332,000 after buying an additional 253 shares during the period. Apollon Wealth Management LLC raised its position in Amazon.com by 26.3% in the second quarter. Apollon Wealth Management LLC now owns 684,960 shares of the e-commerce giant's stock worth $163,253,000 after acquiring an additional 142,793 shares during the period. Westchester Capital Management Inc. raised its position in Amazon.com by 1.0% in the second quarter. Westchester Capital Management Inc. now owns 42,813 shares of the e-commerce giant's stock worth $10,204,000 after acquiring an additional 423 shares during the period. Louisbourg Investments Inc. boosted its stake in Amazon.com by 0.9% in the second quarter. Louisbourg Investments Inc. now owns 49,875 shares of the e-commerce giant's stock valued at $11,887,000 after acquiring an additional 454 shares during the last quarter. Finally, WT Wealth Management raised its holdings in shares of Amazon.com by 1.4% in the 2nd quarter. WT Wealth Management now owns 40,377 shares of the e-commerce giant's stock worth $9,624,000 after purchasing an additional 558 shares during the period. 72.20% of the stock is owned by institutional investors.

Key Amazon.com News

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

• Positive Sentiment: AWS and AI expansion remain key catalysts. Amazon’s planned $5.3 billion investment in a Saudi Arabia cloud region, expanded access to OpenAI, Meta, and Anthropic models through AWS GovCloud, and a deeper partnership with Nvidia—including two million additional GPUs—could strengthen AWS’s position in government and enterprise AI. AMZN’s Saudi Arabia investment
• Positive Sentiment: New commerce initiatives could broaden monetization. YouTube’s integration of Amazon products into its Shopping Affiliate Program may increase product discovery and sales, while Alexa’s personalized shopping alerts and Amazon Pharmacy’s Solv integration could improve customer engagement and conversion. YouTube Amazon partnership
• Positive Sentiment: Analysts remain constructive. Citi reiterated a Buy rating and a $350 price target despite the legal risks, while recent results showed $200.6 billion in revenue and substantially stronger-than-expected earnings, with AWS revenue reportedly growing 36.7% year over year. Analyst reiterates Amazon Buy rating
• Neutral Sentiment: Zoox is expanding its robotaxi efforts. Amazon’s autonomous-vehicle unit plans testing in Houston and San Diego, but the initiative is still early-stage and has limited near-term earnings impact. Zoox and Waymo robotaxi expansion
• Negative Sentiment: The FTC lawsuit is driving the immediate pressure. The FTC and 22 states allege Amazon manipulated advertising auctions and overcharged approximately 1.2 million advertisers by more than $20 billion. Potential penalties, refunds, operational changes, and limits on ad-pricing practices threaten a rapidly growing, high-margin business. Amazon denies the allegations. FTC lawsuit against Amazon
• Negative Sentiment: AI spending and shareholder concerns remain overhangs. Investors are weighing the capital required for Amazon’s AI infrastructure against future returns, while reports of an institutional investor trimming its stake add near-term selling pressure.

Amazon.com Stock Down 1.9%

AMZN stock opened at $254.92 on Wednesday. The company's 50 day moving average is $252.57 and its 200 day moving average is $241.40. The stock has a market cap of $2.75 trillion, a price-to-earnings ratio of 20.51, a price-to-earnings-growth ratio of 2.00 and a beta of 1.44. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $287.20.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The business had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. During the same period in the previous year, the business posted $1.68 earnings per share. Amazon.com's revenue for the quarter was up 19.6% on a year-over-year basis. Sell-side analysts predict that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other news, SVP David Zapolsky sold 9,258 shares of the stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the transaction, the senior vice president directly owned 41,190 shares in the company, valued at approximately $10,699,926.30. This represents a 18.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 of the company's stock, valued at $579,085,751.66. The trade was a 0.89% 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. Over the last ninety days, insiders have sold 70,589 shares of company stock valued at $18,314,015. 8.90% of the stock is currently owned by company insiders.

Analyst Ratings Changes

AMZN has been the subject of a number of recent research reports. Evercore set a $355.00 target price on Amazon.com and gave the stock an "outperform" rating in a research report on Friday. China Renaissance upped their price objective on shares of Amazon.com from $300.00 to $326.00 and gave the company a "buy" rating in a report on Tuesday, May 5th. TD Cowen reiterated a "buy" rating and set a $350.00 target price (up from $340.00) on shares of Amazon.com in a research report on Friday, July 31st. Wolfe Research reiterated an "outperform" rating and issued a $315.00 target price on shares of Amazon.com in a research note on Friday, July 31st. Finally, Wells Fargo & Company reissued an "overweight" rating and set a $328.00 target price (up from $322.00) on shares of Amazon.com in a report on Friday, July 31st. One equities 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. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $323.09.

About Amazon.com

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.

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.

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