Mowery & Schoenfeld Wealth Management LLC Purchases Shares of 4,006 Amazon.com, Inc. $AMZN

Key Points

• Mowery & Schoenfeld Wealth Management acquired 4,006 Amazon shares worth approximately $955,000, making Amazon its 16th-largest holding and representing 1.3% of its portfolio.
• Institutional investors own 72.2% of Amazon, with several major firms—including Norges Bank, Bank of New York Mellon, and Nuveen—establishing or significantly increasing positions.
• Amazon reported strong quarterly results, with revenue up 19.6% year over year and EPS well above estimates. Analysts maintain a “Moderate Buy” consensus with an average price target of $323.26, although insiders have sold $18.6 million of stock over the past three months.

Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 4,006 shares of the e-commerce giant's stock, valued at approximately $955,000. Amazon.com comprises about 1.3% of Mowery & Schoenfeld Wealth Management LLC's holdings, making the stock its 16th largest position.

Several other large investors have also made changes to their positions in the company. Norges Bank purchased a new stake in Amazon.com during the fourth quarter valued at about $32,868,735,000. Auto Owners Insurance Co raised its holdings in shares of Amazon.com by 27,376.7% in 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 purchasing an additional 98,090,585 shares during the period. J. Stern & Co. LLP lifted its stake in shares of Amazon.com by 20,598.0% in the 4th quarter. J. Stern & Co. LLP now owns 87,982,814 shares of the e-commerce giant's stock valued at $20,308,193,000 after purchasing an additional 87,557,736 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Amazon.com during the 2nd quarter worth about $16,341,405,000. Finally, Nuveen LLC acquired a new stake in Amazon.com during the 1st quarter worth approximately $11,674,091,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Douglas J. Herrington sold 1,000 shares of the company's stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $254.77, for a total transaction of $254,770.00. Following 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Garman sold 14,541 shares of the firm's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.06, for a total value of $3,766,991.46. Following the transaction, the chief executive officer owned 17,794 shares in the company, valued at $4,609,713.64. This trade represents a 44.97% 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 valued at $18,568,785 over the last three months. Company insiders own 8.90% of the company's stock.

Trending Headlines about Amazon.com

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

• Positive Sentiment: AWS remains the primary bullish catalyst. Analysts and market commentators described AWS as the “heartbeat” of the AI trade, citing its fastest growth in 18 quarters and Amazon’s ability to combine cloud AI services with its large e-commerce ecosystem. AWS Cloud Heartbeat of AI Trade
• Positive Sentiment: A major Qualcomm partnership strengthens Amazon’s AI infrastructure position. Amazon could purchase as much as $60 billion of Qualcomm AI data-center chips and related products under a long-term agreement. The deal supports AWS capacity expansion and signals confidence in sustained AI demand, although it also implies substantial future capital spending. Qualcomm AI Ambitions Get a Boost From Amazon Partnership
• Positive Sentiment: Amazon’s AI products are gaining enterprise validation. Rivian used Amazon Bedrock to automate finance work and eliminate more than 15 days of manual effort per close cycle, offering a concrete example of potential Bedrock demand. Amazon also expanded its Quick AI assistant to mobile devices. Rivian’s AI Agents Cut 15 Days From Every Close
• Positive Sentiment: Prime Air is moving closer to broader UK drone deliveries. Amazon completed more than 500 flights during a UK trial and is seeking approval to expand service in Darlington. Successful deployment could improve delivery economics and support longer-term logistics automation. Amazon delivery drones set for UK expansion
• Neutral Sentiment: Amazon Pay India is considering travel insurance and other financial products, expanding its potential addressable market but providing limited near-term earnings impact. Amazon Pay plans to expand insurance offerings
• Negative Sentiment: Risks remain around costs, leverage, and operations. Amazon’s AI buildout requires heavy capital spending and new debt, while potential changes to Ohio data-center tax incentives could reduce project economics. Separately, a fatal accident involving an aircraft operating for Prime Air has increased regulatory and reputational risk. Amazon’s Aviation Network Faces a Sobering Test

Amazon.com Price Performance

Shares of AMZN stock opened at $256.78 on Monday. The firm has a fifty day moving average of $255.56 and a two-hundred day moving average of $244.40. The firm has a market cap of $2.77 trillion, a P/E ratio of 20.66, 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 company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87.

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 business 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 company's quarterly revenue was up 19.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.68 earnings per share. As a group, research analysts anticipate that Amazon.com, Inc. will post 8.05 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several research reports. Citizens Jmp restated a "market outperform" rating and issued a $315.00 price target on shares of Amazon.com in a report on Friday, July 31st. Oppenheimer reissued an "outperform" rating on shares of Amazon.com in a research report on Friday, July 31st. Monness Crespi & Hardt raised their target price on shares of Amazon.com from $315.00 to $330.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Benchmark upped their price target on shares of Amazon.com from $370.00 to $400.00 and gave the stock a "buy" rating in a research report on Friday, July 31st. Finally, Robert W. Baird set a $310.00 price target on Amazon.com and gave the company an "outperform" rating in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Amazon.com presently has a consensus rating of "Moderate Buy" and an average 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.

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