Jacobs Equity LLC Buys New Position in Amazon.com, Inc. $AMZN

Key Points

• Jacobs Equity LLC initiated a position in Amazon during the second quarter, buying 5,691 shares worth approximately $1.36 million. Institutional investors collectively own 72.2% of Amazon’s outstanding stock.
• Wall Street remains broadly bullish, with 56 analysts rating Amazon a Buy and three assigning a Hold; the consensus rating is “Moderate Buy” with an average price target of $321.19.
• Amazon reported quarterly revenue of $200.61 billion, up 19.6% year over year, and EPS of $5.75 versus consensus of $1.82. However, rising Treasury yields, heavy AI and infrastructure spending, and legal and workforce-related risks remain potential headwinds.

Jacobs Equity LLC purchased a new position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,691 shares of the e-commerce giant's stock, valued at approximately $1,356,000. Amazon.com accounts for about 0.9% of Jacobs Equity LLC's investment portfolio, making the stock its 13th largest position.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE purchased a new position in Amazon.com during the 2nd quarter valued at about $22,218,775,000. Bank of New York Mellon Corp purchased a new stake in Amazon.com in the second quarter worth about $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 valued at $13,757,993,000 after purchasing an additional 1,879,630 shares in the last quarter. Legal & General Group Plc bought a new position in shares of Amazon.com during the second quarter valued at approximately $12,831,376,000. Finally, Amundi lifted its holdings 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 valued at $12,787,883,000 after purchasing an additional 7,590,952 shares during the last quarter. Institutional investors own 72.20% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on AMZN shares. Roth Capital reiterated a "buy" rating and set a $325.00 price objective on shares of Amazon.com in a research note on Monday, August 3rd. Wedbush increased their target price on Amazon.com from $293.00 to $310.00 and gave the stock an "outperform" rating in a research note on Friday, July 31st. Piper Sandler restated an "overweight" rating and set a $320.00 price target (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. Rosenblatt Securities began coverage on Amazon.com in a research report on Thursday, August 20th. They issued a "buy" rating and a $335.00 price target for the company. Finally, Robert W. Baird set a $310.00 price target on shares of Amazon.com and gave the stock 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 given a Hold rating to the stock. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of "Moderate Buy" and an average target price of $321.19.

Amazon.com Trading Up 0.0%

Amazon.com stock opened at $249.38 on Friday. The business has a 50-day simple moving average of $256.34 and a two-hundred day simple moving average of $246.95. The company has a market cap of $2.69 trillion, a P/E ratio of 20.06, a P/E/G ratio of 1.98 and a beta of 1.44. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $287.20. 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 (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $197.03 billion. During the same period in the previous year, the business posted $1.68 earnings per share. The firm's quarterly revenue was up 19.6% compared to the same quarter last year. Analysts predict that Amazon.com, Inc. will post 8.01 EPS for the current year.

More Amazon.com News

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

• Positive Sentiment: Amazon announced a plan to invest approximately $3 billion in India’s quick-commerce market through 2030, expanding its Amazon Now delivery network. The investment could strengthen Amazon’s position in a rapidly growing market, although its current share is only about 6.2%. Amazon bets $3 billion on India's fast-delivery boom
• Positive Sentiment: New Amazon Supply Chain Services offerings let merchants add fast, free Prime delivery to their own websites and manage orders from Walmart, Shopify, eBay and TikTok through Seller Central. The initiative could expand fulfillment revenue and make Amazon’s logistics infrastructure more valuable outside its marketplace. Amazon Lets Merchants Add Free Prime Delivery to Their Own Websites
• Positive Sentiment: Analyst commentary remains constructive on Amazon Web Services, custom chips and agentic AI. Reports cite a roughly $496 billion AWS backlog and expanding AI tools for third-party sellers, advertising and cloud customers, supporting the long-term earnings-growth case.
• Positive Sentiment: Amazon is investing more than $100 million in an Indiana robotics manufacturing facility expected to create 300 jobs. The plant should increase internal automation capacity and could eventually support efficiency gains across the fulfillment network. Amazon to Expand Robot-Making Capacity With New Indiana Hub
• Neutral Sentiment: Amazon is allowing Anthropic’s Claude to access seller data while blocking Meta’s Muse shopping agent. The decision protects control over customer and marketplace data, but it could encourage rivals such as Shopify and Walmart to build more open agentic-commerce ecosystems. Amazon Opens Seller Data to Claude Days After Blocking Meta’s Muse
• Negative Sentiment: The India expansion and Indiana robotics project increase near-term capital spending, contributing to investor concerns about cash-flow pressure and the timing of returns. Amazon’s stock has also been technically testing support near its key moving averages.
• Negative Sentiment: A proposed nationwide class-action lawsuit alleges systematic discrimination against pregnant warehouse employees. Additional workforce litigation could increase legal costs, regulatory scrutiny and reputational risk. Amazon Faces Another Worker Lawsuit
• Negative Sentiment: Rising Treasury yields and broader weakness in technology stocks are creating valuation headwinds for AMZN, while concerns about heavy AI spending and uncertain monetization remain a near-term overhang.

Insider Buying and Selling at Amazon.com

In other news, CEO Douglas Herrington sold 6,362 shares of the business's stock in a transaction on 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 sale, the chief executive officer owned 476,681 shares of the company's stock, valued at $123,465,145.81. The trade was a 1.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the company's stock in a transaction on Monday, August 24th. The stock was sold at an average price of $259.77, for a total value of $2,404,950.66. Following the completion of the sale, the senior vice president owned 41,190 shares of the company's stock, valued at $10,699,926.30. This trade represents a 18.35% 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. 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.

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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