Johnson Financial Group Inc. Takes Position in Amazon.com, Inc. $AMZN

Key Points

• Johnson Financial Group acquired 54,719 Amazon shares worth approximately $13.0 million in the second quarter, making Amazon its 16th-largest holding. Institutional investors and hedge funds collectively own 72.2% of Amazon’s stock.
• Amazon reported strong quarterly results, with revenue rising 19.6% year over year to $200.61 billion and EPS of $5.75, far exceeding estimates. Wall Street maintains a “Moderate Buy” consensus with an average price target of $323.26.
• AI and AWS investments remain major growth drivers, but Amazon faces risks from cloud-service disruptions, competition from Microsoft Azure and Google Cloud, macroeconomic pressures, and recent insider selling.

Johnson Financial Group Inc. acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 54,719 shares of the e-commerce giant's stock, valued at approximately $13,042,000. Amazon.com accounts for about 0.4% of Johnson Financial Group Inc.'s investment portfolio, making the stock its 16th biggest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AMZN. Red Crane Wealth Management LLC raised its position in shares of Amazon.com by 2.3% during the 1st quarter. Red Crane Wealth Management LLC now owns 1,663 shares of the e-commerce giant's stock valued at $346,000 after buying an additional 38 shares during the period. Robinson Smith Wealth Advisors LLC increased its stake in Amazon.com by 0.7% during the first quarter. Robinson Smith Wealth Advisors LLC now owns 5,509 shares of the e-commerce giant's stock worth $1,147,000 after acquiring an additional 40 shares during the last quarter. Sfam LLC increased its stake in Amazon.com by 3.4% during the first quarter. Sfam LLC now owns 1,224 shares of the e-commerce giant's stock worth $255,000 after acquiring an additional 40 shares during the last quarter. Measured Risk Portfolios Inc. raised its position in Amazon.com by 3.4% in the first quarter. Measured Risk Portfolios Inc. now owns 1,206 shares of the e-commerce giant's stock valued at $251,000 after purchasing an additional 40 shares during the period. Finally, CoreFirst Bank & Trust raised its position in Amazon.com by 1.1% in the first quarter. CoreFirst Bank & Trust now owns 3,620 shares of the e-commerce giant's stock valued at $754,000 after purchasing an additional 40 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com News Roundup

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

• Positive Sentiment: Large AI infrastructure commitments support AWS growth. Amazon reportedly could purchase up to $60 billion of Qualcomm AI chips, while its partnership with Wiwynn will expand U.S. server manufacturing capacity and create nearly 1,000 jobs. These developments reinforce Amazon’s long-term investment in cloud and artificial-intelligence infrastructure. Amazon Could Buy Up to $60 Billion From Qualcomm
• Positive Sentiment: Anthropic stake and operating outlook remain potential value drivers. Reports that Anthropic expects a second consecutive quarter of adjusted operating profit—and could pursue a valuation of as much as $2 trillion—highlight the potential value of Amazon’s roughly $13 billion investment in the AI developer. Anthropic Expects a Second Straight Quarter of Adjusted Operating Profit
• Positive Sentiment: Retail and advertising initiatives offer additional support. Amazon India’s rapid-delivery service reportedly surpassed $1 billion in annualized sales, and the company scheduled Prime Big Deal Days for October 6–7. Amazon also expanded its advertising reach through a pilot with ChatGPT. Amazon India’s Amazon Now Tops $1 Billion
• Neutral Sentiment: Analysts remain broadly optimistic. Coverage indicates Amazon has no sell ratings and continued confidence in earnings, cash flow and AWS growth, although bullish ratings have not prevented near-term volatility. Is It Worth Investing in Amazon Based on Wall Street’s Bullish Views?
• Negative Sentiment: AWS cannot restore access to damaged facilities in Bahrain and the UAE. The prolonged loss of access to customer data and cloud availability zones raises concerns about service resilience, customer retention, potential costs and reputational damage. This was the most direct company-specific pressure on AMZN. AWS Unable to Restore Access After War Damage
• Negative Sentiment: Macro and competitive pressures weighed on technology stocks. Investors prepared for a Federal Reserve rate decision amid higher yields and oil prices, while commentary suggested AWS cloud growth is lagging Microsoft Azure and Google Cloud in AI. Amazon also paused operations with 21 Air after a fatal cargo-plane crash, adding logistics and reputational risk. Amazon Stock Slides: What’s Happening?

Amazon.com Stock Performance

NASDAQ AMZN opened at $248.42 on Wednesday. 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 cap of $2.68 trillion, a P/E ratio of 19.99, a P/E/G ratio of 1.95 and a beta of 1.44. The stock has a 50-day moving average of $255.80 and a two-hundred day moving average of $244.98. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year 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 EPS for the quarter, beating the consensus estimate of $1.82 by $3.93. The business had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The business's revenue for the quarter was up 19.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.68 earnings per share. As a group, analysts anticipate that Amazon.com, Inc. will post 8.05 EPS for the current year.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Andrew Jassy sold 20,000 shares of the firm's stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $5,180,200.00. Following the completion of the transaction, the chief executive officer owned 2,235,766 shares of the company's stock, valued at $579,085,751.66. This trade represents a 0.89% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas Herrington sold 1,000 shares of the business's stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $254.77, for a total transaction of $254,770.00. Following the completion of the transaction, the chief executive officer owned 475,681 shares of the company's stock, valued at approximately $121,189,248.37. This trade represents a 0.21% 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. Insiders sold 71,589 shares of company stock worth $18,568,785 over the last 90 days. 8.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on AMZN. DA Davidson reiterated a "neutral" rating and set a $250.00 price target on shares of Amazon.com in a report on Friday, July 31st. Citigroup restated a "market outperform" rating on shares of Amazon.com in a report on Friday, August 14th. Barclays reaffirmed an "overweight" rating and issued a $365.00 target price (up from $330.00) on shares of Amazon.com in a research report on Friday, July 31st. BMO Capital Markets reiterated an "outperform" rating and set a $360.00 price target (up from $355.00) on shares of Amazon.com in a research report on Tuesday, July 28th. Finally, Morgan Stanley reissued an "overweight" rating and issued a $335.00 price target (up from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Amazon.com has a consensus rating of "Moderate Buy" and an average target price of $323.26.

Amazon.com 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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