Kelman Lazarov Inc. Makes New Investment in Amazon.com, Inc. $AMZN

Key Points

• Kelman Lazarov Inc. acquired 4,810 Amazon shares during the second quarter, valued at approximately $1.15 million.
• Institutional investors own 72.2% of Amazon, with major firms including Amundi and Dimensional Fund Advisors increasing their positions.
• Amazon reported stronger-than-expected quarterly results, with $5.75 in EPS and $200.61 billion in revenue, while analysts maintain a “Moderate Buy” consensus and a $323.26 average price target.

Kelman Lazarov Inc. acquired a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,810 shares of the e-commerce giant's stock, valued at approximately $1,146,000.

Several other large investors have also made changes to their positions in the company. Bank of New York Mellon Corp bought a new position in shares of Amazon.com in the second quarter valued at approximately $16,341,405,000. Invesco Ltd. raised its position 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 purchasing an additional 1,879,630 shares during the last quarter. Amundi boosted its stake in Amazon.com by 14.1% in the first 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 in the last quarter. Dimensional Fund Advisors LP boosted its stake in 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 worth $8,126,338,000 after purchasing an additional 7,305,560 shares in the last quarter. Finally, Fisher Asset Management LLC grew its holdings in shares of Amazon.com by 1.5% during the fourth 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 during the last quarter. Institutional investors own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Andrew Jassy sold 20,000 shares of Amazon.com stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the completion of the sale, the chief executive officer owned 2,235,766 shares of the company's stock, valued at approximately $579,085,751.66. The trade was a 0.89% decrease in their position. The transaction 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 Herrington sold 6,362 shares of the company'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 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 71,589 shares of company stock valued at $18,568,785. 8.90% of the stock is currently owned by company insiders.

Amazon.com News Summary

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

Amazon.com stock opened at $248.42 on Wednesday. The company has a market cap of $2.68 trillion, a PE ratio of 19.99, a PEG ratio of 1.95 and a beta of 1.44. 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, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The company's 50-day moving average is $255.80 and its two-hundred day moving average is $244.98.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly 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. The company had revenue of $200.61 billion during 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%. Amazon.com's revenue was up 19.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.68 EPS. Equities analysts anticipate that Amazon.com, Inc. will post 8.05 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Barclays reaffirmed an "overweight" rating and issued a $365.00 price target (up from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Wedbush increased their price objective on shares of Amazon.com from $293.00 to $310.00 and gave the stock an "outperform" rating in a report on Friday, July 31st. Rosenblatt Securities initiated coverage on shares of Amazon.com in a research report on Thursday, August 20th. They issued a "buy" rating and a $335.00 price objective for the company. Mizuho set a $330.00 target price on shares of Amazon.com and gave the stock an "outperform" rating in a research note on Friday, July 31st. Finally, DA Davidson reiterated a "neutral" rating and set a $250.00 target price on shares of Amazon.com in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.