Cookson Peirce & Co. Inc. Boosts Position in Amazon.com, Inc. $AMZN

Key Points

• Cookson Peirce increased its Amazon position by 18.3% in the second quarter, bringing its holdings to 14,307 shares valued at approximately $3.41 million. Institutional investors collectively own 72.2% of Amazon’s stock.
• Amazon reported quarterly earnings of $5.75 per share, well above the $1.82 analyst consensus, while revenue rose 19.6% year over year to $200.61 billion.
• Wall Street remains broadly positive, with 56 Buy ratings and three Holds; the stock has a “Moderate Buy” consensus and an average price target of $321.19. Meanwhile, insiders have sold $18.6 million of shares over the past 90 days.

Cookson Peirce & Co. Inc. raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 18.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,307 shares of the e-commerce giant's stock after purchasing an additional 2,211 shares during the quarter. Cookson Peirce & Co. Inc.'s holdings in Amazon.com were worth $3,410,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Nichols & Pratt Advisers LLP MA grew its holdings in Amazon.com by 1.8% during the 2nd quarter. Nichols & Pratt Advisers LLP MA now owns 210,376 shares of the e-commerce giant's stock valued at $50,141,000 after buying an additional 3,712 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Amazon.com by 0.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,664,707 shares of the e-commerce giant's stock worth $873,446,000 after acquiring an additional 22,489 shares in the last quarter. Okabena Investment Services Inc. raised its holdings in shares of Amazon.com by 45.8% during the 2nd quarter. Okabena Investment Services Inc. now owns 13,369 shares of the e-commerce giant's stock worth $3,186,000 after acquiring an additional 4,201 shares in the last quarter. Spinnaker Trust raised its holdings in shares of Amazon.com by 6.7% during the 2nd quarter. Spinnaker Trust now owns 82,954 shares of the e-commerce giant's stock worth $19,771,000 after acquiring an additional 5,223 shares in the last quarter. Finally, Cullinan Associates Inc. lifted its position in Amazon.com by 7.2% during the second quarter. Cullinan Associates Inc. now owns 126,253 shares of the e-commerce giant's stock valued at $30,091,000 after purchasing an additional 8,500 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

Shares of AMZN stock opened at $246.15 on Tuesday. The firm has a market cap of $2.66 trillion, a price-to-earnings ratio of 19.80, a PEG ratio of 1.93 and a beta of 1.44. 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 52-week low of $196.00 and a 52-week high of $287.20. The company's 50 day moving average is $256.31 and its 200 day moving average is $247.42.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data 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 analysts' expectations of $197.03 billion. During the same period in the prior year, the business posted $1.68 EPS. The firm's quarterly revenue was up 19.6% on a year-over-year basis. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 8.01 EPS for the current fiscal year.

Insider Activity

In related news, CEO Matthew Garman sold 14,541 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.06, for a total value of $3,766,991.46. Following the completion of the transaction, the chief executive officer directly owned 17,794 shares of the company's stock, valued at $4,609,713.64. This trade represents a 44.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 1,000 shares of Amazon.com stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $254.77, for a total transaction of $254,770.00. Following the sale, the chief executive officer owned 475,681 shares of the company's stock, valued at $121,189,248.37. The trade was a 0.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 71,589 shares of company stock worth $18,568,785. Company insiders own 8.90% of the company's stock.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several analyst reports. JPMorgan Chase & Co. raised their price objective on Amazon.com from $330.00 to $365.00 and gave the company an "overweight" rating in a research note on Friday, July 31st. Needham & Company LLC reissued a "buy" rating and issued a $300.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $325.00 price target (up from $315.00) on shares of Amazon.com in a research note on Friday, July 31st. Piper Sandler reiterated an "overweight" rating and issued a $320.00 price target (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, DA Davidson reiterated a "neutral" rating and issued a $250.00 price target on shares of Amazon.com in a report on Friday, July 31st. Fifty-six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $321.19.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Adobe expects U.S. consumers to spend approximately $10 billion during Amazon’s October Prime Day, contributing to a projected record $275 billion U.S. holiday shopping season. Higher online spending could support fourth-quarter sales, although aggressive retailer promotions may pressure margins. Amazon Has a $10 Billion Holiday Catalyst Coming in October
• Positive Sentiment: Analysts and investors continue to point to accelerating AWS growth, a large contracted backlog and rising AI-related cloud demand. Commentary that Amazon’s AI capital expenditures are beginning to generate returns supports the long-term bull case for AWS. I'd Buy Amazon Stock While It Sits 12% Below Its Record
• Positive Sentiment: Amazon is expanding its strategic footprint through robotics in India, low-carbon data-center infrastructure and its Leo satellite network. These initiatives could strengthen logistics, cloud infrastructure and future connectivity businesses, though they require substantial investment.
• Neutral Sentiment: Amazon’s comparison with Alibaba highlights that both companies are making major AI and cloud investments. The key differentiator for investors is whether AWS growth and profitability can justify Amazon’s spending pace.
• Negative Sentiment: Cheaper Anthropic Claude models are raising questions about AWS Bedrock pricing. Lower prices could reduce revenue per AI call, even if they stimulate greater usage and overall cloud consumption. Amazon Stock Falls as Cheaper Claude Tests Bedrock Elasticity
• Negative Sentiment: Senate Democrats are seeking information from Amazon and other technology companies about tax subsidies for AI and data-center development, creating potential regulatory and political uncertainty around future incentives. Sen. Warren Questions AI Tax Subsidies
• Negative Sentiment: A U.K. consumer lawsuit alleging that Apple and Amazon restricted competition in Apple-product sales was allowed to proceed in part, adding to Amazon’s legal and antitrust exposure. Apple and Amazon Face Revived UK Consumer Lawsuit

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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