LM Advisors LLC Takes $58.08 Million Position in Amazon.com, Inc. $AMZN

Key Points

• LM Advisors acquired 243,364 Amazon shares worth approximately $58.1 million, making Amazon its fourth-largest holding at 6.7% of the portfolio. Institutional investors collectively own 72.2% of the stock.
• Amazon reported quarterly earnings of $5.75 per share and revenue of $200.61 billion, beating analyst estimates; revenue increased 19.6% year over year.
• Analyst sentiment remains favorable, with 56 Buy ratings and three Holds producing a “Moderate Buy” consensus and an average price target of $321.19, versus a recent share price of $253.71.

LM Advisors LLC acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 243,364 shares of the e-commerce giant's stock, valued at approximately $58,078,000. Amazon.com makes up approximately 6.7% of LM Advisors LLC's holdings, making the stock its 4th biggest position.

Other large investors have also recently made changes to their positions in the company. Auto Owners Insurance Co grew its holdings in Amazon.com by 27,376.7% during the 4th quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant's stock worth $2,272,397,000 after acquiring an additional 98,090,585 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Amazon.com in the 2nd quarter valued at $16,341,405,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Amazon.com during the 2nd quarter worth $6,631,466,000. Danske Bank A S purchased a new stake in shares of Amazon.com during the 2nd quarter worth $2,494,705,000. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Amazon.com by 32.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 32,578,171 shares of the e-commerce giant's stock worth $6,785,036,000 after purchasing an additional 7,924,943 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

Shares of AMZN stock opened at $253.71 on Friday. The stock's 50-day moving average is $256.09 and its two-hundred day moving average is $245.60. The firm has a market cap of $2.74 trillion, a price-to-earnings ratio of 20.41, a PEG ratio of 1.97 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 company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, topping analysts' consensus estimates of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The business had revenue of $200.61 billion for the quarter, compared to analysts' expectations of $197.03 billion. During the same quarter in the previous year, the firm earned $1.68 earnings per share. The business's revenue was up 19.6% compared to the same quarter last year. Analysts predict that Amazon.com, Inc. will post 8.01 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on AMZN shares. Needham & Company LLC reissued a "buy" rating and issued a $300.00 target price on shares of Amazon.com in a report on Friday, July 31st. Wells Fargo & Company reaffirmed an "overweight" rating and set a $338.00 price target (up from $328.00) on shares of Amazon.com in a report on Thursday, September 3rd. Oppenheimer reaffirmed an "outperform" rating on shares of Amazon.com in a research report on Friday, July 31st. HSBC reiterated a "buy" rating and issued a $310.00 price objective on shares of Amazon.com in a report on Friday, July 31st. Finally, DA Davidson reissued a "neutral" rating and set a $250.00 target price on shares of Amazon.com 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 data from MarketBeat, Amazon.com has an average rating of "Moderate Buy" and an average target price of $321.19.

Insider Activity

In other news, CFO Brian T. Olsavsky sold 6,172 shares of the firm's stock in a transaction that occurred on 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 transaction, the chief financial officer directly owned 109,207 shares in the company, valued at approximately $28,427,674.17. This trade represents a 5.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of Amazon.com stock in a transaction on Monday, August 24th. The shares were sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the completion of the transaction, the senior vice president directly owned 41,190 shares in the company, valued at $10,699,926.30. The trade was a 18.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 71,589 shares of company stock worth $18,568,785 over the last ninety days. 8.90% of the stock is owned by corporate insiders.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Amazon agreed to purchase up to $8 billion of backup generators from Generac, including approximately $2.4 billion of deliveries in 2027–2028. The deal should help Amazon bring AWS data centers online despite grid-connection delays and power shortages, while Amazon receives warrants to purchase Generac shares. Generac Plugs into Amazon for an $8B AI-Powered Deal
• Positive Sentiment: Analysts and investors continue to point to accelerating AWS demand, with reports citing a $169 billion annualized revenue run rate and a large cloud backlog. That supports expectations that AI-related infrastructure spending can translate into future sales, despite near-term cash-flow pressure. Amazon’s Andy Jassy Just Made a Startling Prediction
• Positive Sentiment: Project Mercury aims to expand Amazon’s same-day delivery network to more than 1,000 hubs by 2031. Bank of America called the initiative strategically important as Amazon attempts to narrow Walmart’s proximity and convenience advantage. Amazon’s secret weapon against Walmart could be a massive blitz in same-day delivery
• Positive Sentiment: AWS made its AI-powered hiring product, Amazon Connect Talent, generally available, expanding Amazon’s enterprise AI offerings beyond cloud infrastructure. Amazon has also received favorable attention from UBS analysts among top technology stock picks.
• Neutral Sentiment: Amazon is promoting industry and government cooperation on AI safety standards, emphasizing testing before release without calling for a broader slowdown in development. The stance may improve trust but is unlikely to materially change near-term results. Amazon Urges Industry and Government Partnership on AI Safeguards
• Negative Sentiment: Amazon faces European Commission scrutiny over marketplace rules that may restrict sellers from offering lower prices elsewhere, creating potential regulatory and compliance costs.
• Negative Sentiment: Investors remain concerned that roughly $220 billion of planned 2026 capital expenditures could keep free cash flow negative. Higher wages, delivery costs and possible electricity-grid charges for data centers add to the spending burden.
• Negative Sentiment: U.S. senators have urged the FTC to investigate Amazon’s AI shopping tools over alleged suppression of U.S.-made products and misleading “Made in USA” labels. The company also continues to face reputational and legal attention related to its Prime settlement.

Amazon.com Company 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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