AXQ Capital LP Buys 14,344 Shares of Amazon.com, Inc. $AMZN

Key Points

• AXQ Capital significantly increased its Amazon position by 14,344 shares, a 372.8% quarter-over-quarter rise, bringing its holdings to 18,192 shares valued at approximately $4.34 million.
• Institutional investors own 72.2% of Amazon, while company insiders have sold 70,589 shares worth $18.3 million over the past 90 days, including sales by CEOs Matthew Garman and Andy Jassy under pre-arranged trading plans.
• Amazon’s outlook is supported by strong AWS and AI expansion, recent earnings and revenue beats, and a “Moderate Buy” analyst consensus with an average price target of $321.63; however, rising AI infrastructure costs and regulatory risks remain concerns.

AXQ Capital LP grew its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 372.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,192 shares of the e-commerce giant's stock after buying an additional 14,344 shares during the quarter. Amazon.com makes up approximately 0.5% of AXQ Capital LP's portfolio, making the stock its 26th largest position. AXQ Capital LP's holdings in Amazon.com were worth $4,336,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. Montz Harcus Wealth Management LLC increased its stake in shares of Amazon.com by 0.6% in the second quarter. Montz Harcus Wealth Management LLC now owns 23,998 shares of the e-commerce giant's stock worth $5,720,000 after purchasing an additional 143 shares during the period. Fortune 45 LLC lifted its position in shares of Amazon.com by 1.1% during the 2nd quarter. Fortune 45 LLC now owns 10,333 shares of the e-commerce giant's stock worth $2,463,000 after purchasing an additional 117 shares during the last quarter. High Net Worth Advisory Group LLC boosted its stake in Amazon.com by 3.6% during the 2nd quarter. High Net Worth Advisory Group LLC now owns 26,748 shares of the e-commerce giant's stock valued at $6,375,000 after purchasing an additional 935 shares during the period. Andina Capital Management LLC boosted its stake in Amazon.com by 24.8% during the 2nd quarter. Andina Capital Management LLC now owns 1,357 shares of the e-commerce giant's stock valued at $323,000 after purchasing an additional 270 shares during the period. Finally, Retireful LLC acquired a new stake in Amazon.com in the 2nd quarter valued at approximately $215,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Buying and Selling at Amazon.com

In other news, CEO Matthew S. Garman sold 14,541 shares of the company's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the transaction, the chief executive officer owned 17,794 shares of the company's stock, valued at $4,609,713.64. This represents a 44.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Jassy sold 20,000 shares of the firm's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $5,180,200.00. Following the completion of the transaction, the chief executive officer owned 2,235,766 shares in the company, valued at approximately $579,085,751.66. This represents a 0.89% 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 have sold a total of 70,589 shares of company stock valued at $18,329,015 over the last ninety days. Company 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?

Amazon.com Price Performance

Shares of AMZN stock opened at $251.52 on Friday. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $287.20. The stock has a market capitalization of $2.71 trillion, a PE ratio of 20.23, a PEG ratio of 1.92 and a beta of 1.45. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. The stock's fifty day moving average is $257.06 and its 200-day moving average is $248.25.

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, 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 analysts' expectations of $197.03 billion. During the same period in the previous year, the business posted $1.68 earnings per share. The firm's revenue for the quarter was up 19.6% compared to the same quarter last year. Equities research analysts expect that Amazon.com, Inc. will post 8.01 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on AMZN. BMO Capital Markets reaffirmed an "outperform" rating and issued a $360.00 price target (up from $355.00) on shares of Amazon.com in a research report on Tuesday, July 28th. Citizens Jmp restated a "market outperform" rating and issued a $315.00 price objective on shares of Amazon.com in a research note on Friday, July 31st. Citigroup restated a "market outperform" rating on shares of Amazon.com in a research note on Friday, August 14th. DA Davidson reiterated a "neutral" rating and set a $250.00 target price on shares of Amazon.com in a research note on Friday, July 31st. Finally, Royal Bank Of Canada upped their target price on shares of Amazon.com from $320.00 to $330.00 and gave the company an "outperform" rating in a research note on Friday, July 31st. Fifty-six investment 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 presently has a consensus rating of "Moderate Buy" and an average price target of $321.63.

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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