Dagco Inc. Raises Position in Amazon.com, Inc. $AMZN

Dagco Inc. increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 60.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,863 shares of the e-commerce giant's stock after purchasing an additional 4,850 shares during the quarter. Dagco Inc.'s holdings in Amazon.com were worth $3,066,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Amazon.com by 1.1% in the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant's stock worth $158,348,557,000 after purchasing an additional 8,913,959 shares during the period. State Street Corp grew its stake in shares of Amazon.com by 1.8% in the 4th quarter. State Street Corp now owns 388,653,121 shares of the e-commerce giant's stock worth $89,708,913,000 after buying an additional 6,971,680 shares in the last quarter. Geode Capital Management LLC grew its position in Amazon.com by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 225,120,994 shares of the e-commerce giant's stock worth $51,753,622,000 after acquiring an additional 2,479,324 shares in the last quarter. Norges Bank bought a new position in shares of Amazon.com during the 4th quarter valued at approximately $32,868,735,000. Finally, Auto Owners Insurance Co increased its position in Amazon.com by 27,376.7% during the fourth quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant's stock valued at $2,272,397,000 after acquiring an additional 98,090,585 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com News Summary

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

• Positive Sentiment: AWS and AI remain the main catalyst. AWS growth of roughly 37% in the latest quarter, along with AI-related demand from customers including Anthropic and OpenAI, is driving optimism that cloud revenue could reach $222 billion in 2027—well above consensus. Citizens reiterated a Market Outperform rating with a $315 price target, while other analysts’ targets remain substantially above the current valuation. Amazon Stock is Trending Higher: What's Going On Today?
• Positive Sentiment: Amazon is expanding future logistics businesses. Prime Air plans to reach nearly 500 U.S. cities and towns by year-end, though regulatory approval for beyond-visual-line-of-sight operations is still needed. Separately, Zoox has begun offering autonomous rides in San Francisco, increasing Amazon’s exposure to the robotaxi market. Amazon’s Drone Bet Is Getting Serious
• Positive Sentiment: Valuation and investor support are helping sentiment. Several reports characterize AMZN as relatively inexpensive compared with its growth prospects, while Stanley Druckenmiller and David Tepper increased or held significant positions in the company during the second quarter. David Tepper’s Amazon Position
• Neutral Sentiment: Automation could improve long-term margins. Project Tetromino reportedly aims to create highly automated delivery stations, with more than $530 million of planned investment by 2029. The project could reduce fulfillment costs, but it also adds execution and spending risk. Amazon’s Tetromino Project
• Negative Sentiment: Higher costs are a key risk. Amazon raised prices on Echo, Fire TV, Kindle and eero devices by as much as 60%, citing a memory shortage. The move may protect hardware margins but could reduce demand and hurt competitiveness. Amazon Hikes Hardware Prices
• Negative Sentiment: AI investment is pressuring cash flow. Amazon’s aggressive infrastructure spending—including a reported $220 billion 2026 capital-expenditure target—has contributed to negative free cash flow despite stronger operating cash flow. Shares also remain exposed to technology-sector volatility, a Twitch-related AI lawsuit and sustained insider selling.

Amazon.com Stock Up 1.3%

Shares of AMZN opened at $262.07 on Tuesday. The firm has a market cap of $2.83 trillion, a P/E ratio of 21.08, a PEG ratio of 1.72 and a beta of 1.45. The stock's 50 day moving average is $250.18 and its two-hundred day moving average is $239.48. The company has a current ratio of 1.03, a quick ratio of 0.87 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.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted 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. The company 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 firm's revenue for the quarter was up 19.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.68 earnings per share. Analysts predict that Amazon.com, Inc. will post 8.05 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on AMZN shares. Roth Capital reiterated a "buy" rating and issued a $325.00 price target on shares of Amazon.com in a report on Monday, August 3rd. Wedbush upped their price target on shares of Amazon.com from $293.00 to $310.00 and gave the stock an "outperform" rating in a research report on Friday, July 31st. Monness Crespi & Hardt raised their price objective on Amazon.com from $315.00 to $330.00 and gave the company a "buy" rating in a research report on Friday, July 31st. New Street Research raised their target price on shares of Amazon.com from $280.00 to $350.00 and gave the company a "buy" rating in a research note on Monday, May 4th. Finally, Scotiabank restated an "outperform" rating and set a $325.00 price objective (up from $275.00) on shares of Amazon.com in a report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $322.39.

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 3,741 shares of the business's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $262.76, for a total transaction of $982,985.16. Following the transaction, the chief executive officer directly owned 467,138 shares in the company, valued at approximately $122,745,180.88. The trade was a 0.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 6,741 shares of company stock valued at $1,767,335 over the last quarter. Company insiders own 8.90% of the company's stock.

About Amazon.com

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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