Bank Hapoalim BM Makes New $20.76 Million Investment in Amazon.com, Inc. $AMZN

Key Points

• Bank Hapoalim BM bought 87,107 Amazon shares worth approximately $20.76 million in the second quarter, making Amazon its 12th-largest holding and about 1.4% of its portfolio.
• Wall Street remains broadly bullish: 56 analysts rate Amazon a Buy, with a consensus “Moderate Buy” rating and an average price target of $323.26.
• Amazon reported strong quarterly results, including $5.75 in EPS and $200.61 billion in revenue, while shares recently traded near $256.97; executives have also sold stock under pre-arranged trading plans.

Bank Hapoalim BM bought a new position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 87,107 shares of the e-commerce giant's stock, valued at approximately $20,761,000. Amazon.com makes up about 1.4% of Bank Hapoalim BM's portfolio, making the stock its 12th largest holding.

A number of other large investors have also made changes to their positions in the company. Red Crane Wealth Management LLC boosted its position in shares of Amazon.com by 2.3% in the first quarter. Red Crane Wealth Management LLC now owns 1,663 shares of the e-commerce giant's stock worth $346,000 after buying an additional 38 shares during the period. Robinson Smith Wealth Advisors LLC raised its position in Amazon.com by 0.7% during the first quarter. Robinson Smith Wealth Advisors LLC now owns 5,509 shares of the e-commerce giant's stock valued at $1,147,000 after buying an additional 40 shares during the period. Sfam LLC lifted its stake in Amazon.com by 3.4% in the 1st quarter. Sfam LLC now owns 1,224 shares of the e-commerce giant's stock worth $255,000 after acquiring an additional 40 shares in the last quarter. Measured Risk Portfolios Inc. lifted its stake in Amazon.com by 3.4% in the 1st quarter. Measured Risk Portfolios Inc. now owns 1,206 shares of the e-commerce giant's stock worth $251,000 after acquiring an additional 40 shares in the last quarter. Finally, CoreFirst Bank & Trust boosted its position in Amazon.com by 1.1% during the 1st quarter. CoreFirst Bank & Trust now owns 3,620 shares of the e-commerce giant's stock worth $754,000 after acquiring an additional 40 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on AMZN shares. HSBC reaffirmed a "buy" rating and set a $310.00 target price on shares of Amazon.com in a research note on Friday, July 31st. Cantor Fitzgerald restated an "overweight" rating and set a $320.00 price target (down from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Oppenheimer restated an "outperform" rating on shares of Amazon.com in a report on Friday, July 31st. Needham & Company LLC reaffirmed a "buy" rating and set a $300.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. Finally, Truist Financial upped their price objective on shares of Amazon.com from $320.00 to $350.00 and gave the company a "buy" rating in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $323.26.

Amazon.com News Summary

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

• Positive Sentiment: AWS expands its custom-chip strategy. Amazon and Qualcomm announced a multi-generation collaboration to develop customized AI data-center silicon, initially focused on AWS inference, along with optical-connectivity solutions of up to 1.6T. The agreement diversifies Amazon’s supply chain beyond Nvidia, Broadcom and its internally developed Trainium chips, while supporting AWS’s long-term AI infrastructure buildout. Qualcomm Announces Multi-Generational Product Collaboration with Amazon
• Positive Sentiment: Profitability remains a key investment argument. Commentary highlighted AWS’s roughly 39% operating margin and recent acceleration in cloud growth as reasons investors may view Amazon’s valuation as attractive, particularly with the stock trading near its 50-day moving average and below its recent high. Amazon’s AWS Operating Margin
• Neutral Sentiment: Amazon is preparing a sterling bond offering. The company has hired banks for its first sterling-denominated bond sale, apparently seeking additional funding sources for major AI and infrastructure investments. The move may improve financing flexibility, but it also underscores the scale of Amazon’s capital requirements. Amazon Hires Banks for First Sterling Bond Sale
• Negative Sentiment: Fatal Prime Air crash increases operational and reputational risk. Federal investigators are examining why a contractor-operated Boeing 767 cargo jet overshot the Miami runway by about 1,300 feet, killing five people. The investigation could bring additional scrutiny to Amazon Air’s contractor oversight, logistics practices and potential liability. Investigators Probe Amazon Cargo Plane Crash
• Negative Sentiment: Employment lawsuit adds legal and regulatory uncertainty. Four former warehouse workers allege Amazon discriminated against pregnant employees by penalizing medically necessary breaks and absences. The class-action complaint could create litigation costs and renewed scrutiny of warehouse labor policies. Amazon Sued for Allegedly Discriminating Against Pregnant Workers

Insider Buying and Selling at Amazon.com

In related news, CFO Brian T. Olsavsky sold 6,172 shares of the company's stock in a transaction on Friday, August 21st. The shares were sold at an average price of $260.31, for a total value of $1,606,633.32. Following the completion of the sale, the chief financial officer directly owned 109,207 shares in the company, valued at approximately $28,427,674.17. This represents a 5.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the transaction, the senior vice president directly owned 41,190 shares in the company, valued at $10,699,926.30. The trade was a 18.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 71,589 shares of company stock worth $18,568,785 in the last ninety days. Company insiders own 8.90% of the company's stock.

Amazon.com Trading Down 0.6%

NASDAQ:AMZN opened at $256.97 on Wednesday. The stock's 50 day moving average price is $254.88 and its 200 day moving average price is $243.41. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $287.20. The company has a market capitalization of $2.77 trillion, a P/E ratio of 20.67, a P/E/G ratio of 1.99 and a beta of 1.44. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its 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. The firm had revenue of $200.61 billion during the quarter, compared to analysts' expectations of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company's revenue was up 19.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.68 earnings per share. On average, research analysts forecast that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

About Amazon.com

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon's websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

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