Amazon.com, Inc. $AMZN Stock Position Raised by Anchor Capital Advisors LLC

Key Points

• Anchor Capital Advisors increased its Amazon position by 2,199.1% in the second quarter, adding 94,826 shares to hold 99,138 shares worth approximately $23.6 million. Institutional investors and hedge funds collectively own 72.2% of Amazon.
• Amazon reported quarterly revenue of $200.61 billion, up 19.6% year over year, and earnings of $5.75 per share, significantly exceeding analyst expectations.
• Analyst sentiment remains strongly positive: 56 analysts rate Amazon a Buy and three rate it a Hold, producing a “Moderate Buy” consensus and an average price target of $322.86 versus the reported share price of $256.29.

Anchor Capital Advisors LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2,199.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 99,138 shares of the e-commerce giant's stock after purchasing an additional 94,826 shares during the period. Anchor Capital Advisors LLC's holdings in Amazon.com were worth $23,629,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in AMZN. MLG Wealth Management DBA Pine Grove Financial Group boosted its holdings in shares of Amazon.com by 21.2% during the second quarter. MLG Wealth Management DBA Pine Grove Financial Group now owns 8,272 shares of the e-commerce giant's stock worth $1,958,000 after purchasing an additional 1,448 shares during the period. Kinetic Wealth Investment Advisors LLC acquired a new position in shares of Amazon.com in the second quarter worth $257,000. Range Advisory LLC increased its stake in shares of Amazon.com by 45.2% in the second quarter. Range Advisory LLC now owns 48,710 shares of the e-commerce giant's stock worth $11,609,000 after acquiring an additional 15,168 shares during the last quarter. Capital & Planning LLC raised its holdings in shares of Amazon.com by 26.6% during the second quarter. Capital & Planning LLC now owns 2,950 shares of the e-commerce giant's stock worth $703,000 after acquiring an additional 620 shares in the last quarter. Finally, Brown Lisle Cummings Inc. raised its holdings in shares of Amazon.com by 4.9% during the second quarter. Brown Lisle Cummings Inc. now owns 57,762 shares of the e-commerce giant's stock worth $13,429,000 after acquiring an additional 2,699 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Price Performance

NASDAQ AMZN opened at $256.29 on Wednesday. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. The company has a fifty day simple moving average of $257.97 and a 200 day simple moving average of $249.09. The company has a market cap of $2.76 trillion, a P/E ratio of 20.62, a P/E/G ratio of 1.94 and a beta of 1.45. 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 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 the consensus estimate of $197.03 billion. During the same quarter in the prior year, the company earned $1.68 EPS. The firm's revenue for the quarter was up 19.6% compared to the same quarter last year. On average, sell-side analysts predict that Amazon.com, Inc. will post 8.03 EPS for the current year.

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of recent research reports. Citigroup reaffirmed a "market outperform" rating on shares of Amazon.com in a research note on Friday, August 14th. Benchmark increased their price objective on Amazon.com from $370.00 to $400.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Rosenblatt Securities raised their price objective on shares of Amazon.com from $335.00 to $360.00 and gave the company a "buy" rating in a research report on Wednesday, September 30th. Barclays reiterated an "overweight" rating and issued a $365.00 target price (up from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. Finally, Bank of America boosted their target price on shares of Amazon.com from $310.00 to $320.00 and gave the stock a "buy" rating in a research report on Friday, July 31st. Fifty-six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $322.86.

Insider Buying and Selling at Amazon.com

In related news, SVP David Zapolsky sold 9,258 shares of the stock in a transaction dated 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 transaction, the senior vice president owned 41,190 shares of the company's stock, valued at $10,699,926.30. This represents a 18.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,343 shares of the firm's stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $606,860.43. Following the transaction, the vice president owned 119,780 shares of the company's stock, valued at approximately $31,024,217.80. This represents a 1.92% 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. Insiders sold a total of 71,589 shares of company stock valued at $18,580,515 in the last quarter. 8.90% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Amazon.com

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

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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