M1 Capital Management LLC Buys Shares of 11,527 Amazon.com, Inc. $AMZN

Key Points

• M1 Capital Management initiated a position in Amazon, purchasing 11,527 shares valued at approximately $2.75 million, representing about 1% of its portfolio. Institutional investors collectively own 72.2% of Amazon’s stock.
• Amazon reported quarterly EPS of $5.75, far exceeding the $1.82 consensus estimate, while revenue rose 19.6% year over year to $200.61 billion. The stock opened at $253.71, with a market capitalization of roughly $2.74 trillion.
• Wall Street remains broadly positive, with 56 analysts rating Amazon a Buy and an average price target of $321.19. However, investors face concerns over heavy capital spending, potential negative free cash flow and regulatory scrutiny.

M1 Capital Management LLC purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,527 shares of the e-commerce giant's stock, valued at approximately $2,747,000. Amazon.com makes up about 1.0% of M1 Capital Management LLC's investment portfolio, making the stock its 16th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp acquired a new position in Amazon.com during the 2nd quarter worth approximately $16,341,405,000. Invesco Ltd. raised its stake in 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. Amundi lifted its position in Amazon.com by 14.1% in the first quarter. Amundi now owns 61,400,503 shares of the e-commerce giant's stock valued at $12,787,883,000 after acquiring an additional 7,590,952 shares during 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 valued at $8,126,338,000 after acquiring 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. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Price Performance

AMZN opened at $253.71 on Friday. The company has a 50 day moving average of $256.09 and a two-hundred day moving average of $245.60. 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, Inc. has a 52-week low of $196.00 and a 52-week high of $287.20. The company has a market cap of $2.74 trillion, a P/E ratio of 20.41, a P/E/G ratio of 1.95 and a beta of 1.44.

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, topping analysts' consensus estimates of $1.82 by $3.93. The company had revenue of $200.61 billion for the quarter, compared to analysts' expectations of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The firm's quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.68 earnings per share. On average, analysts expect that Amazon.com, Inc. will post 8.01 earnings per share for the current year.

Trending Headlines about 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.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 20,000 shares of the firm's stock in a transaction that occurred on Friday, August 21st. The stock was 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 in the company, valued at $579,085,751.66. This trade represents a 0.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian T. Olsavsky sold 6,172 shares of Amazon.com stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $260.31, for a total value of $1,606,633.32. Following the sale, the chief financial officer owned 109,207 shares in the company, valued at $28,427,674.17. This represents a 5.35% 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. Insiders have sold a total of 71,589 shares of company stock worth $18,568,785 over the last three months. Insiders own 8.90% of the company's stock.

Wall Street Analyst Weigh In

AMZN has been the topic of a number of recent research reports. Jefferies Financial Group restated a "buy" rating on shares of Amazon.com in a research note on Thursday, June 18th. DA Davidson reiterated a "neutral" rating and issued a $250.00 target price on shares of Amazon.com in a research note on Friday, July 31st. Evercore set a $355.00 price objective on shares of Amazon.com and gave the company an "outperform" rating in a research report on Friday, August 28th. Wolfe Research restated an "outperform" rating and issued a $315.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. Finally, Cantor Fitzgerald reissued an "overweight" rating and issued a $320.00 price target (down from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Fifty-six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $321.19.

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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