Amazon.com, Inc. $AMZN Stock Sold by Strategic Advisors LLC

Key Points

• Strategic Advisors LLC cut its Amazon stake by 26.5% in the second quarter, selling 32,143 shares and retaining 89,204 shares worth approximately $21.3 million. Institutional investors collectively own 72.2% of Amazon’s stock.
• Analysts remain broadly bullish, with 56 Buy ratings and three Holds, producing a “Moderate Buy” consensus and an average price target of $321.19.
• Amazon exceeded quarterly expectations, reporting $5.75 in earnings per share and $200.61 billion in revenue, with revenue up 19.6% year over year. Shares opened at $246.15, below the consensus price target.

Strategic Advisors LLC decreased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 26.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 89,204 shares of the e-commerce giant's stock after selling 32,143 shares during the period. Amazon.com accounts for 4.0% of Strategic Advisors LLC's portfolio, making the stock its 6th largest position. Strategic Advisors LLC's holdings in Amazon.com were worth $21,261,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. Silvant Capital Management LLC purchased a new stake in shares of Amazon.com during the 2nd quarter worth about $60,065,000. Public Employees Retirement System of Ohio purchased a new position in Amazon.com in the second quarter valued at approximately $909,868,000. Northstar Financial Companies Inc. purchased a new position in Amazon.com in the second quarter valued at approximately $3,376,000. Gryphon Financial Partners LLC lifted its position in Amazon.com by 7.5% during the first quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant's stock valued at $15,221,000 after buying an additional 5,125 shares in the last quarter. Finally, First Citizens Bank & Trust Co. lifted its position in Amazon.com by 1.7% during the first quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant's stock valued at $63,285,000 after buying an additional 5,104 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on AMZN shares. Roth Capital reissued a "buy" rating and issued a $325.00 price objective on shares of Amazon.com in a research report on Monday, August 3rd. KeyCorp lifted their target price 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. DA Davidson reaffirmed a "neutral" rating and set a $250.00 price target on shares of Amazon.com in a research report on Friday, July 31st. Citigroup reiterated a "market outperform" rating on shares of Amazon.com in a report on Friday, August 14th. Finally, Mizuho set a $330.00 price objective on Amazon.com and gave the company an "outperform" rating in a research report on Friday, July 31st. Fifty-six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Amazon.com has an average rating of "Moderate Buy" and an average price target of $321.19.

Amazon.com Price Performance

Shares of AMZN stock opened at $246.15 on Tuesday. The company has a market capitalization of $2.66 trillion, a PE ratio of 19.80, a price-to-earnings-growth ratio of 1.93 and a beta of 1.44. The firm has a fifty day simple moving average of $256.31 and a 200-day simple moving average of $247.42. 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 twelve month low of $196.00 and a twelve month high of $287.20.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results 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 net margin of 17.44% and a return on equity of 18.00%. The firm had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. During the same quarter in the previous year, the firm posted $1.68 EPS. The firm's quarterly revenue was up 19.6% on a year-over-year basis. Equities research analysts anticipate that Amazon.com, Inc. will post 8.01 earnings per share for the current fiscal year.

Amazon.com News Summary

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

• Positive Sentiment: Adobe expects U.S. consumers to spend approximately $10 billion during Amazon’s October Prime Day, contributing to a projected record $275 billion U.S. holiday shopping season. Higher online spending could support fourth-quarter sales, although aggressive retailer promotions may pressure margins. Amazon Has a $10 Billion Holiday Catalyst Coming in October
• Positive Sentiment: Analysts and investors continue to point to accelerating AWS growth, a large contracted backlog and rising AI-related cloud demand. Commentary that Amazon’s AI capital expenditures are beginning to generate returns supports the long-term bull case for AWS. I'd Buy Amazon Stock While It Sits 12% Below Its Record
• Positive Sentiment: Amazon is expanding its strategic footprint through robotics in India, low-carbon data-center infrastructure and its Leo satellite network. These initiatives could strengthen logistics, cloud infrastructure and future connectivity businesses, though they require substantial investment.
• Neutral Sentiment: Amazon’s comparison with Alibaba highlights that both companies are making major AI and cloud investments. The key differentiator for investors is whether AWS growth and profitability can justify Amazon’s spending pace.
• Negative Sentiment: Cheaper Anthropic Claude models are raising questions about AWS Bedrock pricing. Lower prices could reduce revenue per AI call, even if they stimulate greater usage and overall cloud consumption. Amazon Stock Falls as Cheaper Claude Tests Bedrock Elasticity
• Negative Sentiment: Senate Democrats are seeking information from Amazon and other technology companies about tax subsidies for AI and data-center development, creating potential regulatory and political uncertainty around future incentives. Sen. Warren Questions AI Tax Subsidies
• Negative Sentiment: A U.K. consumer lawsuit alleging that Apple and Amazon restricted competition in Apple-product sales was allowed to proceed in part, adding to Amazon’s legal and antitrust exposure. Apple and Amazon Face Revived UK Consumer Lawsuit

Insider Activity at Amazon.com

In other news, CEO Andrew Jassy sold 20,000 shares of Amazon.com stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the sale, the chief executive officer directly owned 2,235,766 shares of the company's stock, 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 legal 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, CEO Matthew S. Garman sold 14,541 shares of the business's stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 17,794 shares in the company, valued at approximately $4,609,713.64. This trade represents a 44.97% 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. Over the last ninety days, insiders sold 71,589 shares of company stock valued at $18,568,785. 8.90% of the stock is currently owned by insiders.

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.

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