Jupiter Topco LLC Purchases New Position in Amazon.com, Inc. $AMZN

Key Points

• Jupiter Topco LLC acquired 24.8 million Amazon shares worth approximately $5.91 billion, making Amazon its fifth-largest holding and representing about 0.23% of the company.
• Institutional investors own 72.2% of Amazon, with several major firms—including Bank of New York Mellon, Legal & General, Amundi and Dimensional Fund Advisors—recently adding or initiating positions.
• Amazon reported strong quarterly results, with $5.75 in earnings per share and $200.61 billion in revenue, while analysts maintain a “Moderate Buy” consensus and an average price target of $321.19. Shares were recently trading down 2.2%, and insiders have sold about $18.6 million worth of stock over the past three months.

Jupiter Topco LLC purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 24,799,242 shares of the e-commerce giant's stock, valued at approximately $5,910,083,000. Amazon.com makes up approximately 2.4% of Jupiter Topco LLC's holdings, making the stock its 5th biggest holding. Jupiter Topco LLC owned approximately 0.23% of Amazon.com at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in AMZN. Bank of New York Mellon Corp acquired a new stake in shares of Amazon.com in the 2nd quarter worth $16,341,405,000. Invesco Ltd. boosted its stake in shares of Amazon.com by 3.3% during the 4th 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 in the last quarter. Legal & General Group Plc purchased a new position in shares of Amazon.com in the 2nd quarter valued at about $12,831,376,000. Amundi raised its holdings in Amazon.com by 14.1% in the 1st quarter. Amundi now owns 61,400,503 shares of the e-commerce giant's stock worth $12,787,883,000 after purchasing an additional 7,590,952 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of Amazon.com by 23.0% in the first 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 buying an additional 7,305,560 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Amazon.com Trading Down 2.2%

Shares of AMZN stock opened at $249.27 on Thursday. 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 firm has a market capitalization of $2.69 trillion, a PE ratio of 20.05, a P/E/G ratio of 1.98 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 business's fifty day moving average price is $256.35 and its 200 day moving average price is $246.69.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating analysts' consensus estimates of $1.82 by $3.93. The firm had revenue of $200.61 billion for the quarter, compared to analysts' expectations of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The firm's revenue was up 19.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.68 EPS. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 8.01 EPS for the current fiscal year.

Insider Activity at Amazon.com

In related news, CEO Douglas J. Herrington sold 1,000 shares of the company's stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $254.77, for a total transaction of $254,770.00. Following the completion of the sale, the chief executive officer directly owned 475,681 shares of the company's stock, valued at approximately $121,189,248.37. This represents a 0.21% decrease in their position. The sale was disclosed in a document filed 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, VP Shelley Reynolds sold 2,343 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 value of $606,860.43. Following the sale, the vice president owned 119,780 shares in the company, valued at approximately $31,024,217.80. The trade was a 1.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 71,589 shares of company stock worth $18,568,785. 8.90% of the stock is owned by corporate insiders.

More Amazon.com News

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

• Positive Sentiment: AI and cloud growth remain major potential catalysts. Amazon Web Services reportedly has a $496 billion backlog and a cloud operating margin near 39%, while the company launched agentic AI tools to automate listings, inventory management and other tasks for third-party sellers. These developments reinforce the investment case that AWS and AI can drive long-term earnings growth. Amazon rolls out new agentic AI for third-party sellers
• Positive Sentiment: Amazon is expanding higher-value advertising and commerce services. A deeper Best Buy Fire TV agreement will use Amazon Ads technology across Insignia televisions, potentially increasing connected-TV advertising revenue. Amazon also expanded its U.K. partnership with Affirm and its pickup network to nearly 30,000 locations, supporting customer convenience and transaction growth. Best Buy, Amazon Deepen Fire TV Alliance
• Neutral Sentiment: Anthropic’s potential $2 trillion IPO could benefit Amazon. Amazon is an Anthropic backer and could gain from the value of its investment and increased demand for AWS infrastructure, although the timing, valuation and eventual financial benefit remain uncertain. Alphabet vs. Amazon: Which Anthropic Backer Will Benefit More?
• Negative Sentiment: Amazon’s dispute with Meta over the Muse shopping agent creates strategic risk. Amazon blocked Meta’s rapidly adopted AI agent from accessing its marketplace, protecting control over customer data and checkout but potentially allowing rivals such as Shopify to capture agent-driven commerce. The standoff also raises questions about future rules for automated shopping. Meta's standoff with Amazon over Muse
• Negative Sentiment: Rising labor and delivery spending may weigh on margins. Amazon plans to invest $1.9 billion in its Delivery Service Partner program and is rehiring former employees for AI and cloud roles. Higher wages and staffing costs could pressure near-term profitability even if they support capacity and growth. Amazon puts another $1.9 billion into its delivery network
• Negative Sentiment: Sustainability execution is an investor concern. Amazon’s chief sustainability officer said the company does not yet know how it will achieve its 2040 net-zero carbon target, raising reputational and regulatory risks. Amazon's net-zero carbon challenge
• Negative Sentiment: Macro conditions amplified the selling pressure. Amazon was among the large technology stocks weighing on a weaker market as Treasury yields and oil prices rose, increasing valuation pressure on growth-oriented companies.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AMZN. Benchmark lifted their target price on shares of Amazon.com from $370.00 to $400.00 and gave the company a "buy" rating in a research report on Friday, July 31st. Citigroup reaffirmed a "market outperform" rating on shares of Amazon.com in a report on Friday, August 14th. Phillip Securities lowered Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research note on Monday, August 3rd. KeyCorp raised their target price on Amazon.com from $335.00 to $350.00 and gave the stock an "overweight" rating in a research note on Friday, July 31st. Finally, Wedbush lifted their target price on Amazon.com from $293.00 to $310.00 and gave the company an "outperform" rating in a research report on Friday, July 31st. Fifty-six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $321.19.

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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