Continuum Advisory LLC Grows Stock Position in Amazon.com, Inc. $AMZN

Key Points

• Continuum Advisory increased its Amazon stake by 2.8% in the second quarter to 73,788 shares valued at approximately $17.6 million. Institutional investors own 72.2% of Amazon’s outstanding stock.
• Amazon reported strong quarterly results, with revenue up 19.6% year over year to $200.61 billion and earnings of $5.75 per share, well above consensus estimates. Analysts maintain a “Moderate Buy” consensus with an average price target of $321.63.
• Amazon’s growth outlook is supported by major AWS and AI-related agreements, but investors face risks from heavy capital spending, potential pressure on free cash flow, regulatory scrutiny and emerging AI shopping competitors.

Continuum Advisory LLC grew its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 73,788 shares of the e-commerce giant's stock after purchasing an additional 2,041 shares during the period. Amazon.com comprises approximately 1.4% of Continuum Advisory LLC's investment portfolio, making the stock its 13th largest position. Continuum Advisory LLC's holdings in Amazon.com were worth $17,587,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Trust Asset Management LLC grew its stake in shares of Amazon.com by 3.3% during the second quarter. Trust Asset Management LLC now owns 107,563 shares of the e-commerce giant's stock worth $26,000 after buying an additional 3,414 shares during the last quarter. Bard Associates Inc. bought a new position in shares of Amazon.com in the 2nd quarter valued at $32,000. Longfellow Investment Management Co. LLC bought a new position in shares of Amazon.com in the 2nd quarter valued at $33,000. Lifetime Wealth Management P.C. acquired a new stake in shares of Amazon.com during the 4th quarter valued at $45,000. Finally, Prudent Man Investment Management Inc. boosted its holdings in shares of Amazon.com by 87.7% during the 4th quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant's stock valued at $53,000 after acquiring an additional 107 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Insider Activity at Amazon.com

In related news, CEO Andrew Jassy sold 20,000 shares of the firm's stock in a transaction that occurred on Friday, August 21st. The stock was 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 trade represents a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas Herrington sold 1,000 shares of Amazon.com 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 completion of the sale, the chief executive officer owned 475,681 shares of the company's stock, valued at approximately $121,189,248.37. The trade was a 0.21% 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 70,589 shares of company stock worth $18,329,015 over the last quarter. 8.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on AMZN. Bank of America lifted their price target on Amazon.com from $310.00 to $320.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Royal Bank Of Canada upped their price objective on Amazon.com from $320.00 to $330.00 and gave the company an "outperform" rating in a research note on Friday, July 31st. Barclays reiterated an "overweight" rating and issued a $365.00 price objective (up from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Zacks Research lowered shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a report on Monday, September 14th. Finally, Mizuho set a $330.00 target price on Amazon.com and gave the stock an "outperform" rating in a research report on Friday, July 31st. Fifty-six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Amazon.com presently has a consensus rating of "Moderate Buy" and a consensus price target of $321.63.

Amazon.com Price Performance

AMZN stock opened at $248.23 on Friday. The firm has a market cap of $2.68 trillion, a price-to-earnings ratio of 19.97, a PEG ratio of 1.93 and a beta of 1.45. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20. The company's fifty day simple moving average is $256.67 and its 200 day simple moving average is $248.23.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping 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 firm had revenue of $200.61 billion during the quarter, compared to the consensus estimate of $197.03 billion. During the same period last year, the business posted $1.68 EPS. The business's revenue was up 19.6% compared to the same quarter last year. On average, analysts expect that Amazon.com, Inc. will post 8.01 earnings per share for the current year.

Amazon.com News Summary

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

• Positive Sentiment: Goldman Sachs added Amazon to its October Conviction List and reportedly assigned a $375 12-month price target, reinforcing bullish Wall Street sentiment after the stock’s recent pullback. Goldman Sachs adds Amazon to conviction buy list
• Positive Sentiment: Amazon Web Services signed a multiyear agreement worth more than $1 billion with Synopsys for chip-design intellectual property. The deal supports AWS custom silicon, including Trainium and Graviton, and could help Amazon reduce dependence on Nvidia while strengthening cloud growth. Synopsys and Amazon Web Services sign chip design deal
• Positive Sentiment: Amazon signed a 20-year agreement with Constellation Energy covering 690 megawatts of nuclear power and supporting more than $3 billion of investment at Maryland’s Calvert Cliffs plant. The arrangement is intended to supply electricity for AI and data-center expansion, although the near-term financial benefit is limited. Constellation and Amazon sign nuclear power deal
• Positive Sentiment: Anthropic’s reported plans to commit more than $100 billion to Amazon Web Services over time highlight the potential scale of Amazon’s AI infrastructure opportunity. Amazon and GoodRx are also expanding subscription prescription plans, opening another healthcare growth channel. Anthropic cloud spending plans
• Neutral Sentiment: Amazon launched redesigned Kindle devices, a $35 page-turning remote and updated Fire TV products. The releases may support consumer-device engagement, but they are unlikely to materially change near-term earnings expectations. Amazon introduces Kindle Click
• Negative Sentiment: Amazon agreed to refund $7.25 million in Prime fees and pay $1 million to settle a District of Columbia lawsuit alleging slower deliveries in low-income areas. The cost is modest relative to Amazon’s size but adds regulatory and reputational pressure. Amazon settles delivery lawsuit
• Negative Sentiment: Investors remain concerned that Amazon’s roughly $220 billion 2026 capital-spending forecast could pressure free cash flow if AI-compute prices fall or demand fails to keep pace with new capacity. Proposed legislation that would remove opportunity-zone tax benefits for data centers adds a longer-term cost risk.
• Negative Sentiment: AI shopping agents from companies such as OpenAI and Meta could eventually redirect product discovery away from Amazon, threatening marketplace traffic and high-margin advertising revenue. Broader worries about consumer confidence and concentrated AI investments are also weighing on sentiment.

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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