Nissay Asset Management Corp Japan Grows Holdings in Amazon.com, Inc. $AMZN

Key Points

• Nissay Asset Management Japan increased its Amazon stake by 13.3% in the second quarter, adding 303,108 shares to reach 2.58 million shares valued at approximately $614.9 million. Institutional investors collectively own 72.2% of Amazon’s stock.
• Amazon insiders sold shares totaling approximately $18.6 million over the past three months, including CEO Andy Jassy’s $5.2 million sale and SVP David Zapolsky’s $2.4 million sale, both conducted under pre-arranged trading plans.
• Analysts maintain a broadly positive outlook, with a consensus “Moderate Buy” rating and an average price target of $321.19. Amazon’s latest quarterly results beat expectations, while AWS and AI expansion remain key growth drivers alongside concerns about heavy AI spending and monetization risks.

Nissay Asset Management Corp Japan grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 13.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,579,755 shares of the e-commerce giant's stock after purchasing an additional 303,108 shares during the period. Amazon.com makes up 2.6% of Nissay Asset Management Corp Japan's investment portfolio, making the stock its 7th largest holding. Nissay Asset Management Corp Japan's holdings in Amazon.com were worth $614,859,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Braun Stacey Associates Inc. raised its stake in Amazon.com by 3.0% in the second quarter. Braun Stacey Associates Inc. now owns 461,472 shares of the e-commerce giant's stock worth $109,987,000 after buying an additional 13,420 shares in the last quarter. Tandem Capital Management Corp ADV lifted its holdings in Amazon.com by 9.3% in the second quarter. Tandem Capital Management Corp ADV now owns 14,527 shares of the e-commerce giant's stock worth $3,462,000 after buying an additional 1,237 shares during the period. Field & Main Bank purchased a new position in shares of Amazon.com during the 2nd quarter worth approximately $6,829,000. Prosperitas Financial LLC purchased a new position in shares of Amazon.com during the 2nd quarter worth approximately $10,653,000. Finally, SPX Gestao de Recursos Ltda bought a new position in shares of Amazon.com in the 2nd quarter worth approximately $14,478,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 20,000 shares of the company's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the transaction, the chief executive officer owned 2,235,766 shares in the company, valued at approximately $579,085,751.66. This represents a 0.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the firm's stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the sale, the senior vice president directly owned 41,190 shares in the company, valued at approximately $10,699,926.30. The trade was a 18.35% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 71,589 shares of company stock valued at $18,568,785 over the last three months. 8.90% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts have commented on the company. HSBC reissued a "buy" rating and set a $310.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. BMO Capital Markets reissued an "outperform" rating and set a $360.00 price target (up from $355.00) on shares of Amazon.com in a research report on Tuesday, July 28th. Zacks Research lowered shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 14th. Phillip Securities cut shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a report on Monday, August 3rd. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and set a $320.00 target price (down from $330.00) on shares of Amazon.com in a research note 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. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $321.19.

Amazon.com Stock Performance

AMZN stock opened at $249.67 on Monday. The stock has a market capitalization of $2.69 trillion, a PE ratio of 20.09, a price-to-earnings-growth ratio of 1.93 and a beta of 1.44. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. The stock's 50 day simple moving average is $256.39 and its 200 day simple moving average is $247.20.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results 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 business had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The company's quarterly revenue was up 19.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.68 EPS. As a group, research analysts forecast that Amazon.com, Inc. will post 8.01 earnings per share for the current fiscal year.

Amazon.com News Summary

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

• Positive Sentiment: AWS and AI infrastructure remain the central bullish case. Analysts and commentators argue that Amazon’s roughly $200 billion 2026 capital-expenditure plan reflects substantial demand for AWS computing, custom chips and AI capacity. Amazon is also reportedly preparing to receive approximately $2.4 billion in backup-generator orders from Generac in 2027 and 2028, underscoring the scale of its data-center expansion. Amazon AI capital expenditures article Generac data-center orders article
• Positive Sentiment: Expansion of merchant services could broaden revenue beyond Amazon.com. New tools let sellers manage listings, inventory and orders across channels including Walmart, Shopify, TikTok and eBay. Amazon is also extending Prime delivery and fulfillment services to merchants’ own websites, potentially increasing third-party logistics revenue and seller dependence on its ecosystem. Amazon merchant services article
• Neutral Sentiment: Anthropic remains strategically important, but its infrastructure is becoming more diversified. Anthropic committed about $11.6 billion to an Akamai CPU agreement, which can be viewed as a setback for AWS. However, Amazon retains a major equity stake and an ongoing AWS relationship, limiting the immediate financial impact. Anthropic Akamai agreement article
• Negative Sentiment: Investors remain concerned that AI spending may outpace monetization. Goldman Sachs estimates hyperscalers may need roughly $300 billion in additional AI revenue to justify their investments, while Michael Burry and Jefferies’ Chris Wood have warned of leverage, overcapacity and potential write-offs. Those concerns could pressure AMZN’s valuation despite strong AWS demand. Goldman Sachs AI spending article
• Negative Sentiment: Amazon’s $3 billion India quick-commerce investment adds near-term cost and execution risk while the company attempts to catch rivals with a relatively small market share. The decision to block Meta’s Muse shopping agent also risks diverting AI-driven purchases toward Shopify and other platforms. Amazon India investment article

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.

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.