NFSG Corp Raises Holdings in Amazon.com, Inc. $AMZN

Key Points

• NFSG Corp increased its Amazon stake by 8% in the first quarter to 105,500 shares valued at approximately $22.0 million, making Amazon its third-largest holding. Institutional investors collectively own 72.2% of Amazon’s stock.
• Analysts remain broadly bullish, with 57 Buy ratings and three Holds, producing a consensus “Moderate Buy” rating and an average price target of $313.43. Recent targets include Goldman Sachs at $335 and Mizuho at $320.
• Amazon reported quarterly earnings and revenue above expectations, but investors face heightened volatility ahead of earnings, with options implying a potential 6.9% move. Key focus areas include AWS and AI growth, operating margins, capital spending, and the company’s evolving AI strategy.

NFSG Corp grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 8.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,500 shares of the e-commerce giant's stock after acquiring an additional 7,784 shares during the period. Amazon.com accounts for 3.6% of NFSG Corp's holdings, making the stock its 3rd biggest holding. NFSG Corp's holdings in Amazon.com were worth $21,972,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Livforsakringsbolaget Skandia Omsesidigt grew its holdings in Amazon.com by 8.8% during the 1st quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 459,381 shares of the e-commerce giant's stock worth $95,671,000 after acquiring an additional 37,000 shares in the last quarter. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group boosted its stake in shares of Amazon.com by 93.8% during the first quarter. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group now owns 93,000 shares of the e-commerce giant's stock valued at $19,369,000 after purchasing an additional 45,000 shares in the last quarter. Northstar Financial Companies Inc. increased its holdings in Amazon.com by 11.7% during the first quarter. Northstar Financial Companies Inc. now owns 13,079 shares of the e-commerce giant's stock valued at $2,724,000 after buying an additional 1,367 shares during the period. LFA Lugano Financial Advisors SA raised its stake in Amazon.com by 1.0% in the first quarter. LFA Lugano Financial Advisors SA now owns 11,567 shares of the e-commerce giant's stock worth $2,409,000 after buying an additional 112 shares in the last quarter. Finally, Signet Financial Management LLC lifted its holdings in Amazon.com by 1.7% during the first quarter. Signet Financial Management LLC now owns 33,029 shares of the e-commerce giant's stock worth $6,879,000 after buying an additional 558 shares during the period. Institutional investors own 72.20% of the company's stock.

Analyst Ratings Changes

AMZN has been the subject of several recent research reports. The Goldman Sachs Group reissued a "buy" rating and issued a $335.00 price target on shares of Amazon.com in a research report on Thursday, July 9th. Jefferies Financial Group reiterated a "buy" rating on shares of Amazon.com in a report on Thursday, June 18th. Mizuho reduced their target price on shares of Amazon.com from $325.00 to $320.00 and set an "outperform" rating for the company in a report on Tuesday. Needham & Company LLC increased their price target on shares of Amazon.com from $265.00 to $300.00 and gave the company a "buy" rating in a research report on Thursday, April 30th. Finally, Evercore restated an "outperform" rating on shares of Amazon.com in a report on Tuesday. Fifty-seven 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, Amazon.com has a consensus rating of "Moderate Buy" and a consensus target price of $313.43.

Amazon.com Trading Down 0.2%

Amazon.com stock opened at $230.86 on Wednesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18. The stock has a market cap of $2.48 trillion, a PE ratio of 27.61, a price-to-earnings-growth ratio of 1.73 and a beta of 1.46. The stock has a 50-day moving average of $247.03 and a two-hundred day moving average of $236.20. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $278.56.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, topping analysts' consensus estimates of $1.63 by $1.15. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The business had revenue of $181.52 billion for the quarter, compared to analyst estimates of $177.28 billion. During the same quarter in the previous year, the firm earned $1.59 earnings per share. The company's revenue was up 16.6% on a year-over-year basis. On average, research analysts anticipate that Amazon.com, Inc. will post 7.76 EPS for the current fiscal year.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Amazon Web Services received several new business boosts. AI company Recursive Superintelligence announced a $400 million AWS compute agreement, while Ryanair extended its AWS AI partnership. These deals support the view that accelerating cloud and AI demand could help justify Amazon’s large infrastructure investments. Recursive Superintelligence AWS deal
• Positive Sentiment: Amazon is expanding potential growth markets. Prime Video will carry exclusive NHL playoff games in Canada, and Amazon Leo is seeking approval for as many as 5,105 satellites to provide direct-to-device voice and data services beginning in 2028. The satellite initiative, supported by Amazon’s planned Globalstar acquisition, could broaden its connectivity opportunity but will require substantial investment. Amazon satellite network
• Positive Sentiment: Bank of America reportedly sees a sizable mark-to-market gain from Amazon’s approximately $13 billion Anthropic stake, offering a potential valuation boost when results are released. Analysts remain broadly bullish; Mizuho lowered its target modestly to $320 while retaining an outperform rating. Amazon’s Anthropic stake
• Neutral Sentiment: Amazon is reportedly winding down many Nova AI models and reorganizing its AI teams around a new frontier-model effort. Management may be reallocating resources toward a more competitive product, but the change also raises questions about execution and the returns on prior AI spending. Amazon AI strategy overhaul
• Negative Sentiment: Options markets imply an unusually large move of about 6.9% around earnings. Investors will focus on AWS growth, operating margins, free cash flow, Prime Day effects and whether Amazon raises its already-heavy capital-spending outlook. Short sellers are also increasing positions ahead of the report, reflecting elevated downside risk. Amazon earnings volatility

Insider Buying and Selling

In other Amazon.com news, CEO Andrew R. Jassy sold 20,000 shares of the firm's stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $263.42, for a total value of $5,268,400.00. Following the completion of the transaction, the chief executive officer owned 2,205,766 shares of the company's stock, valued at approximately $581,042,879.72. This trade represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 15,467 shares of Amazon.com stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $263.40, for a total transaction of $4,074,007.80. Following the sale, the chief executive officer owned 14,159 shares of the company's stock, valued at $3,729,480.60. The trade was a 52.21% decrease in their ownership of the stock. 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 140,425 shares of company stock worth $37,715,464 over the last ninety days. Company insiders own 8.90% of the company's stock.

Amazon.com Company Profile

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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