Ieq Capital LLC Acquires Shares of 1,149,737 Amazon.com, Inc. $AMZN

Key Points

• Ieq Capital acquired 1,149,737 Amazon shares worth approximately $274 million in the second quarter, making Amazon its 16th-largest holding and representing 1.3% of its portfolio. Institutional investors collectively own 72.2% of AMZN.
• Amazon reported strong quarterly results, with revenue rising 19.6% year over year to $200.61 billion and EPS of $5.75, well above analyst expectations. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $321.19.
• Growth prospects from AWS and AI infrastructure remain positive, but investors face risks from approximately $220 billion in planned 2026 capital expenditures, potentially negative free cash flow, regulatory scrutiny and recent insider stock sales.

Ieq Capital LLC bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,149,737 shares of the e-commerce giant's stock, valued at approximately $274,028,000. Amazon.com makes up 1.3% of Ieq Capital LLC's investment portfolio, making the stock its 16th largest holding.

Several other hedge funds also recently made changes to their positions in AMZN. Bank of New York Mellon Corp acquired a new stake in Amazon.com during the second quarter worth approximately $16,341,405,000. Invesco Ltd. raised its holdings in Amazon.com by 3.3% in the 4th quarter. Invesco Ltd. now owns 59,604,857 shares of the e-commerce giant's stock valued at $13,757,993,000 after acquiring an additional 1,879,630 shares in the last quarter. Amundi lifted its position in shares of Amazon.com by 14.1% during the 1st quarter. Amundi now owns 61,400,503 shares of the e-commerce giant's stock valued at $12,787,883,000 after acquiring an additional 7,590,952 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Amazon.com by 23.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 39,029,984 shares of the e-commerce giant's stock valued at $8,126,338,000 after acquiring an additional 7,305,560 shares during the period. Finally, Fisher Asset Management LLC grew its holdings in shares of Amazon.com by 1.5% during the 4th 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.

Amazon.com News Roundup

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.

Amazon.com Stock Up 1.0%

Amazon.com stock opened at $253.71 on Friday. The firm has a market capitalization of $2.74 trillion, a price-to-earnings ratio of 20.41, a price-to-earnings-growth ratio of 1.95 and a beta of 1.44. The firm's fifty day moving average price is $256.09 and its two-hundred day moving average price is $245.60. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $287.20. 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 (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 the consensus estimate of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company had revenue of $200.61 billion during the quarter, compared to the consensus estimate of $197.03 billion. During the same period in the previous year, the firm posted $1.68 earnings per share. The firm's revenue for the quarter was up 19.6% on a year-over-year basis. On average, equities research analysts predict that Amazon.com, Inc. will post 8.01 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently commented on AMZN. Benchmark boosted their price target on Amazon.com from $370.00 to $400.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Cantor Fitzgerald reiterated an "overweight" rating and set a $320.00 price objective (down from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. Monness Crespi & Hardt raised their price target on shares of Amazon.com from $315.00 to $330.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Rosenblatt Securities began coverage on Amazon.com in a research note on Thursday, August 20th. They issued a "buy" rating and a $335.00 price objective for the company. Finally, Bank of America increased 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. Fifty-six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $321.19.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Matthew Garman sold 14,541 shares of the firm's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 6,362 shares of Amazon.com stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $1,647,821.62. Following the transaction, the chief executive officer directly owned 476,681 shares in the company, valued at $123,465,145.81. This represents a 1.32% 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 71,589 shares of company stock valued at $18,568,785 over the last 90 days. Corporate insiders own 8.90% of the company's stock.

Amazon.com Company Profile

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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