Matters Capital LLC Acquires Shares of 11,962 Amazon.com, Inc. $AMZN

Key Points

• Matters Capital LLC acquired 11,962 Amazon shares worth approximately $2.85 million during the second quarter, making Amazon its 13th-largest holding and representing 2.0% of its portfolio. Institutional investors and hedge funds collectively own 72.2% of Amazon.
• Amazon reported strong quarterly results, with revenue rising 19.6% year over year to $200.61 billion and earnings of $5.75 per share versus expectations of $1.82. Analysts maintain a “Moderate Buy” consensus rating and a $321.19 average price target.
• Growth prospects include accelerating AWS and AI demand, an $8 billion Generac generator agreement, and expansion of same-day delivery; however, Amazon faces concerns over heavy capital spending, potential negative free cash flow, regulatory scrutiny, and recent insider stock sales.

Matters Capital LLC acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 11,962 shares of the e-commerce giant's stock, valued at approximately $2,851,000. Amazon.com accounts for 2.0% of Matters Capital LLC's holdings, making the stock its 13th largest holding.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp acquired a new stake in Amazon.com in the 2nd quarter worth about $16,341,405,000. Invesco Ltd. grew its position 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 purchasing an additional 1,879,630 shares in the last quarter. Amundi increased its holdings in shares of Amazon.com by 14.1% during 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 during the period. Dimensional Fund Advisors LP increased its holdings in shares of Amazon.com by 23.0% during 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 during the period. Finally, Fisher Asset Management LLC raised its position in shares of Amazon.com by 1.5% in the fourth quarter. Fisher Asset Management LLC now owns 33,593,612 shares of the e-commerce giant's stock valued at $7,754,078,000 after buying an additional 489,924 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com News Summary

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.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Evercore set a $355.00 price target on Amazon.com and gave the company an "outperform" rating in a research note on Friday, August 28th. UBS Group set a $200.00 price objective on Amazon.com in a research note on Thursday. Roth Capital reaffirmed a "buy" rating and issued a $325.00 price objective on shares of Amazon.com in a report on Monday, August 3rd. KeyCorp upped their target price on Amazon.com from $335.00 to $350.00 and gave the company an "overweight" rating in a research report on Friday, July 31st. Finally, Truist Financial increased their target price on Amazon.com from $320.00 to $350.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Fifty-six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $321.19.

Amazon.com Price Performance

Amazon.com stock opened at $253.71 on Friday. 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, Inc. has a 52 week low of $196.00 and a 52 week high of $287.20. The stock has a market capitalization of $2.74 trillion, a P/E ratio of 20.41, a price-to-earnings-growth ratio of 1.97 and a beta of 1.44. The stock has a fifty day moving average of $256.09 and a 200-day moving average of $245.60.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $197.03 billion. During the same period last year, the firm posted $1.68 earnings per share. Amazon.com's revenue was up 19.6% compared to the same quarter last year. On average, sell-side analysts expect that Amazon.com, Inc. will post 8.01 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Brian Olsavsky sold 6,172 shares of the stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $260.31, for a total value of $1,606,633.32. Following the completion of the transaction, the chief financial officer owned 109,207 shares of the company's stock, valued at approximately $28,427,674.17. This represents a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of the firm's stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the completion of the sale, the chief executive officer owned 17,794 shares in the company, valued at approximately $4,609,713.64. The trade was a 44.97% 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. In the last 90 days, insiders have sold 71,589 shares of company stock valued at $18,568,785. Corporate insiders own 8.90% of the company's stock.

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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