Jackson Wealth Management LLC Reduces Position in Amazon.com, Inc. $AMZN

Key Points

• Jackson Wealth Management cut its Amazon position by 91.2% in the second quarter, selling 26,816 shares and retaining 2,575 shares valued at approximately $614,000.
• Institutional investors own 72.2% of Amazon, while several smaller funds initiated or increased positions during recent quarters.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $321.19; Amazon also recently exceeded quarterly earnings and revenue expectations.

Jackson Wealth Management LLC trimmed its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 91.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,575 shares of the e-commerce giant's stock after selling 26,816 shares during the period. Jackson Wealth Management LLC's holdings in Amazon.com were worth $614,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in AMZN. Bard Associates Inc. bought a new position in shares of Amazon.com in the second quarter valued at about $32,000. Longfellow Investment Management Co. LLC acquired a new stake in shares of Amazon.com during the 2nd quarter worth about $33,000. Lifetime Wealth Management P.C. bought a new stake in shares of Amazon.com during the 4th quarter worth about $45,000. Prudent Man Investment Management Inc. grew its stake in Amazon.com by 87.7% in the 4th quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant's stock valued at $53,000 after buying an additional 107 shares during the last quarter. Finally, Strategic Wealth Advisors LLC acquired a new position in Amazon.com in the 2nd quarter valued at about $68,000. 72.20% of the stock is currently owned by institutional investors.

Key Amazon.com News

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

• Positive Sentiment: AWS and AI remain the main growth catalysts. Amazon’s Bedrock platform is expanding its selection of models, including GPT-6 and Claude, while analysts argue that rising AI workloads could support faster AWS growth and higher margins. Lower model costs may also increase overall cloud consumption. Amazon Stock Slips as Bedrock Expands Model Choice
• Positive Sentiment: AI infrastructure partnerships are broadening. Australian biotech CSL is working with Amazon Web Services on AI and cloud tools for research and clinical development. Amazon is also building data-center infrastructure and its own satellite network, creating potential long-term growth opportunities beyond retail. Australia's CSL taps Amazon's cloud unit
• Positive Sentiment: Holiday demand expectations are favorable. Adobe projects roughly $10 billion in spending during Amazon’s October Prime Day and forecasts record U.S. holiday e-commerce sales. Strong consumer demand could support fourth-quarter revenue, although aggressive discounts may limit margins. Amazon Has a $10 Billion Holiday Catalyst Coming in October
• Neutral Sentiment: Amazon is gaining political visibility in AI. Founder Jeff Bezos joined other technology leaders at a White House meeting where President Trump said AI companies should largely self-police. The discussion could influence future regulation, but its direct financial impact remains unclear. Trump says AI leaders have to self-police AI technology
• Negative Sentiment: Model commoditization is pressuring AWS economics. Cheaper Claude models and more competing providers on Bedrock could reduce revenue per inference call and intensify price competition, even if usage volumes rise.
• Negative Sentiment: Regulatory and legal risks are increasing. Senate Democrats are seeking details on Amazon’s AI and data-center tax deductions, while a revived U.K. consumer lawsuit alleges that Amazon and Apple restricted competition in Apple-product sales. Amazon Draws Senate Questions Over AI Data Center Tax Deductions

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Roth Capital restated a "buy" rating and set a $325.00 price objective on shares of Amazon.com in a research report on Monday, August 3rd. Jefferies Financial Group reaffirmed a "buy" rating on shares of Amazon.com in a research report on Thursday, June 18th. DA Davidson reiterated a "neutral" rating and set a $250.00 target price on shares of Amazon.com in a research note on Friday, July 31st. Bank of America lifted their price target on Amazon.com from $310.00 to $320.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Finally, Telsey Advisory Group set a $335.00 price target on Amazon.com and gave the company an "outperform" rating in a research note on Friday, July 31st. Fifty-six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $321.19.

Amazon.com Trading Up 0.2%

Shares of NASDAQ:AMZN opened at $246.67 on Wednesday. The business's 50 day simple moving average is $256.29 and its 200 day simple moving average is $247.66. 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. The company has a market capitalization of $2.66 trillion, a P/E ratio of 19.84, a P/E/G ratio of 1.91 and a beta of 1.44.

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

Insider Buying and Selling

In other Amazon.com news, CFO Brian T. Olsavsky sold 6,172 shares of the stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $260.31, for a total transaction of $1,606,633.32. Following the sale, the chief financial officer directly owned 109,207 shares in the company, valued at $28,427,674.17. This represents a 5.35% decrease in their ownership of the stock. The sale was disclosed in a filing 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 J. Herrington sold 6,362 shares of the firm's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $1,647,821.62. Following the completion of the transaction, the chief executive officer directly owned 476,681 shares in the company, valued at approximately $123,465,145.81. This represents a 1.32% 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. Insiders have sold 70,589 shares of company stock valued at $18,329,015 in the last ninety days. Insiders own 8.90% of the company's stock.

Amazon.com 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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