Arbor Wealth Management LLC AZ Buys New Position in Amazon.com, Inc. $AMZN

Key Points

• Arbor Wealth Management LLC AZ bought 2,178 Amazon shares during the second quarter, valued at approximately $519,000 and representing about 0.5% of its portfolio.
• Institutional ownership remains substantial, with hedge funds and other institutions holding 72.2% of Amazon’s shares; several investors recently initiated or increased positions.
• Amazon reported quarterly earnings of $5.75 per share and revenue of $200.61 billion, exceeding analyst expectations. Wall Street remains bullish, with 56 Buy ratings, three Holds and an average price target of $321.63.

Arbor Wealth Management LLC AZ purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,178 shares of the e-commerce giant's stock, valued at approximately $519,000. Amazon.com makes up about 0.5% of Arbor Wealth Management LLC AZ's holdings, making the stock its 15th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Silvant Capital Management LLC bought a new stake in Amazon.com in the 2nd quarter valued at approximately $60,065,000. Public Employees Retirement System of Ohio bought a new position in shares of Amazon.com during the 2nd quarter worth approximately $909,868,000. Northstar Financial Companies Inc. bought a new position in shares of Amazon.com during the 2nd quarter worth approximately $3,376,000. Gryphon Financial Partners LLC raised its holdings in shares of Amazon.com by 7.5% in 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 purchasing an additional 5,125 shares during the last quarter. Finally, First Citizens Bank & Trust Co. raised its holdings in shares of Amazon.com by 1.7% in 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 purchasing an additional 5,104 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Performance

NASDAQ AMZN opened at $251.52 on Monday. The firm has a market capitalization of $2.71 trillion, a P/E ratio of 20.23, a price-to-earnings-growth ratio of 1.95 and a beta of 1.45. 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 firm's fifty day moving average price is $257.06 and its two-hundred day moving average price is $248.51. 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 quarterly earnings data 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. The company had revenue of $200.61 billion during the quarter, compared to the consensus estimate of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company's quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.68 EPS. As a group, research analysts anticipate that Amazon.com, Inc. will post 8.01 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently commented on AMZN shares. KeyCorp increased their target price on shares of Amazon.com from $335.00 to $350.00 and gave the stock an "overweight" rating in a report on Friday, July 31st. Pivotal Research reissued a "buy" rating and set a $333.00 price target (up from $320.00) on shares of Amazon.com in a research report on Friday, July 31st. Barclays restated an "overweight" rating and set a $365.00 price objective (up from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. Raymond James Financial restated an "outperform" rating and issued a $390.00 price objective (up from $280.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, Monness Crespi & Hardt lifted their target price on Amazon.com from $315.00 to $330.00 and gave the company a "buy" rating in a research report on Friday, July 31st. Fifty-six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $321.63.

Insiders Place Their Bets

In related news, VP Shelley Reynolds sold 2,343 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 $606,860.43. Following the completion of the transaction, the vice president owned 119,780 shares in the company, valued at approximately $31,024,217.80. This trade represents a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas Herrington sold 1,000 shares of the business's stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $254.77, for a total value of $254,770.00. Following the transaction, the chief executive officer directly owned 475,681 shares in the company, valued at approximately $121,189,248.37. This trade represents a 0.21% 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. Insiders sold a total of 70,589 shares of company stock worth $18,329,015 in the last three months. Insiders own 8.90% of the company's stock.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: AWS data-center push received support: Amazon Web Services pledged more than $1 billion over five years for communities hosting its U.S. data centers, including job training, education and infrastructure initiatives. The investment is intended to ease resistance to new facilities and help Amazon secure capacity for AI workloads. Amazon to invest $1 billion over five years in US data center communities
• Positive Sentiment: AI and AWS growth remain the main bullish catalyst: Reports highlighted AWS’s rapid expansion, a more than $1 billion Synopsys agreement supporting custom-chip development, and Anthropic’s expected long-term AWS commitments of roughly $110 billion. Amazon also launched an AI agent that audits customers’ cloud environments, potentially increasing AWS usage while improving customer cost, security and performance management. Amazon Is Both Landlord And Shareholder In Anthropic’s Giant Cloud Bet
• Positive Sentiment: Analyst confidence provided additional support: Goldman Sachs added Amazon to its conviction list, while New Street raised its price target to $385 and maintained a Buy rating. Analysts cited AWS growth, generative AI exposure and potential retail-margin improvement as reasons for longer-term upside. New Street Adjusts Price Target on Amazon.com to $385
• Neutral Sentiment: Amazon is reportedly exploring an $8 billion chip sale-and-leaseback: Moving Nvidia AI chips to an investment vehicle could make the balance sheet more asset-light and help fund capital spending, but it also underscores the scale of Amazon’s AI infrastructure costs and financing requirements. Amazon seeks to offload $8 billion of Nvidia chips
• Negative Sentiment: Investors face profitability and regulatory risks: Analysts questioned how much AWS earnings are distorted by unrealized Anthropic investment gains, while surging AI capital expenditures could pressure free cash flow. Potential tougher EU cloud rules, data-center opposition, warehouse labor actions and Prime-related settlement payments add further uncertainty. What Are Amazon Investors Paying for AWS Without Investment Gains?

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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