NewEdge Advisors LLC Has $437.80 Million Holdings in Amazon.com, Inc. $AMZN

Key Points

• NewEdge Advisors increased its Amazon stake by 2.5% to 2.10 million shares valued at $437.8 million, making Amazon its fifth-largest holding. Institutional investors own approximately 72.2% of the company.
• Amazon reported strong quarterly results, with EPS of $5.75 versus $1.82 expected and revenue of $200.61 billion, up 19.6% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $322.56.
• Investor sentiment is supported by AWS growth and new business opportunities, but valuation, heavy AI infrastructure spending, retail demand concerns and Twitch-related reputational risks remain potential challenges.

NewEdge Advisors LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,102,077 shares of the e-commerce giant's stock after purchasing an additional 51,522 shares during the quarter. Amazon.com makes up about 1.6% of NewEdge Advisors LLC's investment portfolio, making the stock its 5th largest holding. NewEdge Advisors LLC's holdings in Amazon.com were worth $437,800,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Norges Bank purchased a new position in Amazon.com during the 4th quarter valued at about $32,868,735,000. Auto Owners Insurance Co boosted its stake in Amazon.com by 27,376.7% during the fourth 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. J. Stern & Co. LLP grew its holdings in Amazon.com by 20,598.0% in the fourth quarter. J. Stern & Co. LLP now owns 87,982,814 shares of the e-commerce giant's stock worth $20,308,193,000 after purchasing an additional 87,557,736 shares during the period. Nuveen LLC purchased a new stake in Amazon.com in the first quarter worth about $11,674,091,000. Finally, Cardano Risk Management B.V. increased its stake in shares of Amazon.com by 879.4% during the fourth quarter. Cardano Risk Management B.V. now owns 27,862,400 shares of the e-commerce giant's stock valued at $6,431,199,000 after purchasing an additional 25,017,588 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $262.65 on Friday. The firm has a market cap of $2.83 trillion, a P/E ratio of 21.13, a PEG ratio of 1.76 and a beta of 1.45. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $287.20. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The company has a 50 day moving average of $247.91 and a 200 day moving average of $238.66.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS 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 the consensus estimate of $197.03 billion. During the same period last year, the business posted $1.68 EPS. The company's revenue was up 19.6% compared to the same quarter last year. As a group, research analysts expect that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Insider Buying and Selling

In other Amazon.com news, CEO Douglas J. Herrington sold 1,000 shares of the business's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $278.39, for a total value of $278,390.00. Following the completion of the transaction, the chief executive officer owned 483,527 shares of the company's stock, valued at approximately $134,609,081.53. The trade was a 0.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 20,000 shares of the company's stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $263.42, for a total transaction of $5,268,400.00. Following the transaction, the chief executive officer owned 2,205,766 shares in the company, valued at $581,042,879.72. This represents a 0.90% 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. Insiders sold 62,650 shares of company stock worth $16,535,457 in the last three months. 8.90% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several recent research reports. Citigroup reiterated a "market outperform" rating on shares of Amazon.com in a report on Friday. UBS Group set a $318.00 price target on Amazon.com and gave the stock a "buy" rating in a research note on Friday, July 31st. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $320.00 price objective (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. Canaccord Genuity Group lifted their price objective on Amazon.com from $300.00 to $330.00 and gave the company a "buy" rating in a research note on Thursday, April 30th. Finally, The Goldman Sachs Group reissued a "buy" rating and issued a $375.00 target price (up from $335.00) on shares of Amazon.com in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of "Moderate Buy" and an average price target of $322.56.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Institutional buying supports sentiment. Thrive Capital disclosed a roughly $215 million Amazon position, while Baupost Group added 625,100 shares and Dodge & Cox increased its holding by approximately 1.6 million shares. Thrive Capital discloses Amazon stake
• Positive Sentiment: AWS remains the central bullish catalyst. Commentary points to accelerating AWS growth for five consecutive quarters, a substantial backlog and customer demand extending into 2028. Amazon Web Services also became AppFolio’s preferred cloud provider, adding evidence of enterprise demand. AppFolio selects AWS
• Positive Sentiment: New growth opportunities are expanding. Amazon won a Space Force communications contract, while its AI infrastructure spending is helping drive demand for data-center and semiconductor suppliers. Analysts cited in recent coverage remain bullish on both Amazon and Alphabet. Amazon wins Space Force contract
• Neutral Sentiment: Valuation remains a debate. Amazon is viewed favorably versus some large-cap peers, but coverage notes that its forward earnings multiple is higher than its trailing multiple. That may reflect expected earnings growth, though it leaves less room for execution disappointments.
• Negative Sentiment: Retail data raised demand concerns. U.S. retail sales fell in July, with online spending declining after Amazon’s summer sales event. Higher fuel and operating costs may also pressure big-box retailers and consumer purchasing power. July retail sales decline
• Negative Sentiment: AI investment brings financial and execution risk. Amazon and other hyperscalers are issuing significant debt to fund infrastructure expansion, increasing concerns about returns on spending and potential pressure on future profits. Amazon’s lack of a dividend may also limit appeal for income-focused investors.
• Negative Sentiment: Twitch backlash adds reputational risk. Twitch’s decision to use livestream content for Amazon AI training, with the feature reportedly enabled automatically, has angered creators and could create privacy, regulatory and user-retention concerns. Twitch AI data-sharing backlash

About Amazon.com

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

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