CMH Wealth Management LLC Sells 13,209 Shares of Amazon.com, Inc. $AMZN

Key Points

• CMH Wealth Management reduced its Amazon stake by 12.8% in the second quarter, selling 13,209 shares and retaining 89,639 shares valued at approximately $21.4 million. Institutional investors collectively own 72.2% of Amazon.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $321.19; 56 analysts rate the stock a Buy versus three Holds.
• Amazon reported strong quarterly results, including $5.75 in EPS and $200.61 billion in revenue, while AWS and AI remain key growth drivers. However, increasing model competition, regulatory scrutiny and insider stock sales pose potential risks.

CMH Wealth Management LLC lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 12.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 89,639 shares of the e-commerce giant's stock after selling 13,209 shares during the period. Amazon.com makes up 3.3% of CMH Wealth Management LLC's holdings, making the stock its 7th biggest holding. CMH Wealth Management LLC's holdings in Amazon.com were worth $21,365,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Denver PWM LLC grew its holdings in shares of Amazon.com by 3.5% during the 2nd quarter. Denver PWM LLC now owns 4,096 shares of the e-commerce giant's stock valued at $1,076,000 after purchasing an additional 140 shares during the last quarter. Maple Rock Capital Partners Inc. bought a new position in Amazon.com in the 2nd quarter valued at approximately $25,741,000. Orgel Wealth Management LLC boosted its position in Amazon.com by 6.5% in the second quarter. Orgel Wealth Management LLC now owns 3,562 shares of the e-commerce giant's stock valued at $849,000 after buying an additional 218 shares in the last quarter. Covington Investment Advisors Inc. boosted its position in Amazon.com by 7.9% in the second quarter. Covington Investment Advisors Inc. now owns 125,331 shares of the e-commerce giant's stock valued at $29,871,000 after buying an additional 9,193 shares in the last quarter. Finally, JNBA Financial Advisors grew its stake in shares of Amazon.com by 10.8% during the second quarter. JNBA Financial Advisors now owns 13,028 shares of the e-commerce giant's stock worth $3,105,000 after buying an additional 1,268 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on AMZN shares. Monness Crespi & Hardt upped their price target on shares of Amazon.com from $315.00 to $330.00 and gave the stock a "buy" rating in a report on Friday, July 31st. DA Davidson restated a "neutral" rating and set a $250.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. Citizens Jmp reaffirmed a "market outperform" rating and issued a $315.00 target price on shares of Amazon.com in a report on Friday, July 31st. UBS Group set a $200.00 target price on Amazon.com in a research report on Thursday, September 17th. Finally, Roth Capital reissued a "buy" rating and set a $325.00 price target on shares of Amazon.com in a research note on Monday, August 3rd. Fifty-six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Amazon.com presently has a consensus rating of "Moderate Buy" and a consensus target price of $321.19.

Key Amazon.com News

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

• Positive Sentiment: AWS and AI remain the main growth catalysts. Amazon’s Bedrock platform is expanding its selection of models, including GPT-6 and Claude, while analysts argue that rising AI workloads could support faster AWS growth and higher margins. Lower model costs may also increase overall cloud consumption. Amazon Stock Slips as Bedrock Expands Model Choice
• Positive Sentiment: AI infrastructure partnerships are broadening. Australian biotech CSL is working with Amazon Web Services on AI and cloud tools for research and clinical development. Amazon is also building data-center infrastructure and its own satellite network, creating potential long-term growth opportunities beyond retail. Australia's CSL taps Amazon's cloud unit
• Positive Sentiment: Holiday demand expectations are favorable. Adobe projects roughly $10 billion in spending during Amazon’s October Prime Day and forecasts record U.S. holiday e-commerce sales. Strong consumer demand could support fourth-quarter revenue, although aggressive discounts may limit margins. Amazon Has a $10 Billion Holiday Catalyst Coming in October
• Neutral Sentiment: Amazon is gaining political visibility in AI. Founder Jeff Bezos joined other technology leaders at a White House meeting where President Trump said AI companies should largely self-police. The discussion could influence future regulation, but its direct financial impact remains unclear. Trump says AI leaders have to self-police AI technology
• Negative Sentiment: Model commoditization is pressuring AWS economics. Cheaper Claude models and more competing providers on Bedrock could reduce revenue per inference call and intensify price competition, even if usage volumes rise.
• Negative Sentiment: Regulatory and legal risks are increasing. Senate Democrats are seeking details on Amazon’s AI and data-center tax deductions, while a revived U.K. consumer lawsuit alleges that Amazon and Apple restricted competition in Apple-product sales. Amazon Draws Senate Questions Over AI Data Center Tax Deductions

Amazon.com Stock Up 0.2%

Shares of Amazon.com stock opened at $246.67 on Wednesday. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $287.20. 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 stock's 50-day moving average is $256.29 and its 200 day moving average is $247.66. The firm has a market cap of $2.66 trillion, a price-to-earnings ratio of 19.84, a PEG ratio of 1.91 and a beta of 1.44.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, topping the consensus estimate of $1.82 by $3.93. The business had revenue of $200.61 billion during the quarter, compared to analysts' expectations of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The firm's revenue was up 19.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.68 earnings per share. Equities research analysts anticipate that Amazon.com, Inc. will post 8.01 EPS for the current year.

Insider Activity

In other news, CFO Brian Olsavsky sold 6,172 shares of the firm's stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $260.31, for a total transaction of $1,606,633.32. Following the completion of the sale, the chief financial officer owned 109,207 shares of the company's stock, valued at $28,427,674.17. This trade represents a 5.35% decrease in their position. The sale was disclosed in a 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 Amazon.com stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the completion of the sale, the chief executive officer owned 2,235,766 shares of the company's stock, valued at $579,085,751.66. This represents a 0.89% 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. In the last three months, insiders sold 70,589 shares of company stock worth $18,329,015. Company insiders own 8.90% of the company's stock.

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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