Daiichi Life Insurance Co. Ltd. Buys Shares of 530,942 Amazon.com, Inc. $AMZN

Key Points

• Daiichi Life Insurance initiated a position in Amazon, buying 530,942 shares valued at approximately $126.5 million. Amazon now represents 3.0% of the insurer’s portfolio, while institutional investors and hedge funds own 72.2% of the 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. Analysts maintain a “Moderate Buy” consensus, with an average price target of $321.19.
• CEO Matthew Garman and CFO Brian Olsavsky sold shares under pre-arranged Rule 10b5-1 trading plans; insiders sold 71,589 shares worth $18.6 million over the past 90 days.

Daiichi Life Insurance Co. Ltd. purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 530,942 shares of the e-commerce giant's stock, valued at approximately $126,545,000. Amazon.com comprises 3.0% of Daiichi Life Insurance Co. Ltd.'s investment portfolio, making the stock its 5th biggest holding.

Several other hedge funds have also recently modified their holdings of the stock. Bank of New York Mellon Corp purchased a new position in Amazon.com during the 2nd quarter worth $16,341,405,000. Invesco Ltd. increased its stake in shares of Amazon.com by 3.3% during the fourth quarter. Invesco Ltd. now owns 59,604,857 shares of the e-commerce giant's stock worth $13,757,993,000 after acquiring an additional 1,879,630 shares during the period. Amundi increased its stake in shares of Amazon.com by 14.1% during the first quarter. Amundi now owns 61,400,503 shares of the e-commerce giant's stock worth $12,787,883,000 after acquiring an additional 7,590,952 shares during the period. Dimensional Fund Advisors LP raised its holdings in Amazon.com by 23.0% during the first quarter. Dimensional Fund Advisors LP now owns 39,029,984 shares of the e-commerce giant's stock worth $8,126,338,000 after purchasing an additional 7,305,560 shares in the last quarter. Finally, Fisher Asset Management LLC raised its holdings in Amazon.com by 1.5% during the fourth quarter. Fisher Asset Management LLC now owns 33,593,612 shares of the e-commerce giant's stock worth $7,754,078,000 after purchasing an additional 489,924 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Stock Performance

AMZN opened at $253.71 on Friday. The stock's 50 day simple moving average is $256.09 and its 200 day simple moving average is $245.60. The stock has a market cap of $2.74 trillion, a P/E ratio of 20.41, a P/E/G ratio of 1.97 and a beta of 1.44. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-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.

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

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Matthew Garman sold 14,541 shares of the firm's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the completion of the transaction, the chief executive officer directly owned 17,794 shares in the company, valued at approximately $4,609,713.64. This trade represents a 44.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian T. Olsavsky sold 6,172 shares of Amazon.com stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $260.31, for a total transaction of $1,606,633.32. Following the transaction, the chief financial officer owned 109,207 shares of the company's stock, valued at approximately $28,427,674.17. The trade was a 5.35% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 71,589 shares of company stock worth $18,568,785. Insiders own 8.90% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on AMZN shares. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $325.00 price objective (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. Roth Capital reissued a "buy" rating and set a $325.00 target price on shares of Amazon.com in a research note on Monday, August 3rd. Jefferies Financial Group reissued a "buy" rating on shares of Amazon.com in a report on Thursday, June 18th. The Goldman Sachs Group restated a "buy" rating and issued a $375.00 price target (up from $335.00) on shares of Amazon.com in a research note on Friday, July 31st. Finally, UBS Group set a $200.00 price objective on Amazon.com in a report on Thursday. Fifty-six analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock presently 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: Amazon agreed to purchase up to $8 billion of backup generators from Generac, including approximately $2.4 billion of deliveries in 2027–2028. The deal should help Amazon bring AWS data centers online despite grid-connection delays and power shortages, while Amazon receives warrants to purchase Generac shares. Generac Plugs into Amazon for an $8B AI-Powered Deal
• Positive Sentiment: Analysts and investors continue to point to accelerating AWS demand, with reports citing a $169 billion annualized revenue run rate and a large cloud backlog. That supports expectations that AI-related infrastructure spending can translate into future sales, despite near-term cash-flow pressure. Amazon’s Andy Jassy Just Made a Startling Prediction
• Positive Sentiment: Project Mercury aims to expand Amazon’s same-day delivery network to more than 1,000 hubs by 2031. Bank of America called the initiative strategically important as Amazon attempts to narrow Walmart’s proximity and convenience advantage. Amazon’s secret weapon against Walmart could be a massive blitz in same-day delivery
• Positive Sentiment: AWS made its AI-powered hiring product, Amazon Connect Talent, generally available, expanding Amazon’s enterprise AI offerings beyond cloud infrastructure. Amazon has also received favorable attention from UBS analysts among top technology stock picks.
• Neutral Sentiment: Amazon is promoting industry and government cooperation on AI safety standards, emphasizing testing before release without calling for a broader slowdown in development. The stance may improve trust but is unlikely to materially change near-term results. Amazon Urges Industry and Government Partnership on AI Safeguards
• Negative Sentiment: Amazon faces European Commission scrutiny over marketplace rules that may restrict sellers from offering lower prices elsewhere, creating potential regulatory and compliance costs.
• Negative Sentiment: Investors remain concerned that roughly $220 billion of planned 2026 capital expenditures could keep free cash flow negative. Higher wages, delivery costs and possible electricity-grid charges for data centers add to the spending burden.
• Negative Sentiment: U.S. senators have urged the FTC to investigate Amazon’s AI shopping tools over alleged suppression of U.S.-made products and misleading “Made in USA” labels. The company also continues to face reputational and legal attention related to its Prime settlement.

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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