Annex Advisory Services LLC Has $84.61 Million Position in Amazon.com, Inc. $AMZN

Annex Advisory Services LLC lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 24.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 354,980 shares of the e-commerce giant's stock after selling 117,805 shares during the period. Amazon.com comprises about 1.4% of Annex Advisory Services LLC's portfolio, making the stock its 20th biggest position. Annex Advisory Services LLC's holdings in Amazon.com were worth $84,606,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in AMZN. Insight Wealth Strategies LLC lifted its stake in shares of Amazon.com by 7.4% in the second quarter. Insight Wealth Strategies LLC now owns 30,273 shares of the e-commerce giant's stock worth $7,317,000 after acquiring an additional 2,081 shares during the period. Accel Wealth Management lifted its position in shares of Amazon.com by 0.9% in the 2nd quarter. Accel Wealth Management now owns 32,034 shares of the e-commerce giant's stock worth $7,635,000 after purchasing an additional 294 shares during the period. Processus Wealth & Capital Management LLC lifted its position in shares of Amazon.com by 2.4% in the 2nd quarter. Processus Wealth & Capital Management LLC now owns 38,738 shares of the e-commerce giant's stock worth $9,233,000 after purchasing an additional 923 shares during the period. Heck Capital Advisors LLC boosted its stake in shares of Amazon.com by 191.2% in the 2nd quarter. Heck Capital Advisors LLC now owns 49,512 shares of the e-commerce giant's stock valued at $11,801,000 after purchasing an additional 32,508 shares during the last quarter. Finally, Tema ETFs LLC boosted its stake in shares of Amazon.com by 10.8% in the 2nd quarter. Tema ETFs LLC now owns 82,033 shares of the e-commerce giant's stock valued at $19,552,000 after purchasing an additional 7,975 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Guggenheim reissued a "buy" rating and set a $320.00 target price (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. Mizuho set a $330.00 price target on shares of Amazon.com and gave the company an "outperform" rating in a research report on Friday, July 31st. Maxim Group increased their price target on Amazon.com from $290.00 to $315.00 and gave the stock a "buy" rating in a report on Thursday, April 30th. Zacks Research raised Amazon.com from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 4th. Finally, DA Davidson reissued a "neutral" rating and issued a $250.00 price objective on shares of Amazon.com in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Amazon.com currently has an average rating of "Moderate Buy" and an average target price of $322.39.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: AWS and AI remain the main catalyst. AWS growth of roughly 37% in the latest quarter, along with AI-related demand from customers including Anthropic and OpenAI, is driving optimism that cloud revenue could reach $222 billion in 2027—well above consensus. Citizens reiterated a Market Outperform rating with a $315 price target, while other analysts’ targets remain substantially above the current valuation. Amazon Stock is Trending Higher: What's Going On Today?
• Positive Sentiment: Amazon is expanding future logistics businesses. Prime Air plans to reach nearly 500 U.S. cities and towns by year-end, though regulatory approval for beyond-visual-line-of-sight operations is still needed. Separately, Zoox has begun offering autonomous rides in San Francisco, increasing Amazon’s exposure to the robotaxi market. Amazon’s Drone Bet Is Getting Serious
• Positive Sentiment: Valuation and investor support are helping sentiment. Several reports characterize AMZN as relatively inexpensive compared with its growth prospects, while Stanley Druckenmiller and David Tepper increased or held significant positions in the company during the second quarter. David Tepper’s Amazon Position
• Neutral Sentiment: Automation could improve long-term margins. Project Tetromino reportedly aims to create highly automated delivery stations, with more than $530 million of planned investment by 2029. The project could reduce fulfillment costs, but it also adds execution and spending risk. Amazon’s Tetromino Project
• Negative Sentiment: Higher costs are a key risk. Amazon raised prices on Echo, Fire TV, Kindle and eero devices by as much as 60%, citing a memory shortage. The move may protect hardware margins but could reduce demand and hurt competitiveness. Amazon Hikes Hardware Prices
• Negative Sentiment: AI investment is pressuring cash flow. Amazon’s aggressive infrastructure spending—including a reported $220 billion 2026 capital-expenditure target—has contributed to negative free cash flow despite stronger operating cash flow. Shares also remain exposed to technology-sector volatility, a Twitch-related AI lawsuit and sustained insider selling.

Amazon.com Price Performance

AMZN stock opened at $262.07 on Tuesday. 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 company's 50-day moving average is $250.18 and its 200-day moving average is $239.48. The stock has a market capitalization of $2.83 trillion, a PE ratio of 21.08, a price-to-earnings-growth ratio of 1.72 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 issued its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating analysts' consensus estimates of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.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 company posted $1.68 EPS. The firm's revenue was up 19.6% compared to the same quarter last year. Equities research analysts expect that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO Douglas J. Herrington sold 3,741 shares of the business's stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $262.76, for a total transaction of $982,985.16. Following the completion of the sale, the chief executive officer owned 467,138 shares in the company, valued at $122,745,180.88. The trade was a 0.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 6,741 shares of company stock valued at $1,767,335 over the last ninety days. Company insiders own 8.90% of the company's stock.

Amazon.com Profile

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.

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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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