Northwestern Mutual Wealth Management Co. Purchases 22,489 Shares of Amazon.com, Inc. $AMZN

Key Points

• Northwestern Mutual Wealth Management Co. increased its Amazon position by 0.6% in the second quarter, purchasing 22,489 shares and bringing its holdings to 3.66 million shares valued at approximately $873.4 million. Institutional investors and hedge funds collectively own 72.2% of Amazon.
• Amazon insiders sold 71,589 shares worth $18.6 million over the past 90 days, including sales by CEOs Matthew Garman and Andy Jassy under pre-arranged Rule 10b5-1 plans.
• Amazon recently exceeded earnings and revenue expectations, reporting $5.75 in quarterly EPS and $200.61 billion in revenue, while analysts maintain a Moderate Buy consensus with an average price target of $321.19.

Northwestern Mutual Wealth Management Co. raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 0.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,664,707 shares of the e-commerce giant's stock after buying an additional 22,489 shares during the quarter. Northwestern Mutual Wealth Management Co.'s holdings in Amazon.com were worth $873,446,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Silvant Capital Management LLC acquired a new position in shares of Amazon.com during the second quarter worth $60,065,000. Public Employees Retirement System of Ohio bought a new stake in shares of Amazon.com during the second quarter worth about $909,868,000. Northstar Financial Companies Inc. bought a new stake in shares of Amazon.com during the second quarter worth about $3,376,000. Gryphon Financial Partners LLC increased its stake in shares of Amazon.com by 7.5% in the first quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant's stock valued at $15,221,000 after buying an additional 5,125 shares during the period. Finally, First Citizens Bank & Trust Co. increased its stake in shares of Amazon.com by 1.7% in the first quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant's stock valued at $63,285,000 after buying an additional 5,104 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Matthew Garman sold 14,541 shares of the business's stock in a transaction that occurred on Friday, August 21st. The stock was 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 directly owned 17,794 shares of the company's stock, valued at approximately $4,609,713.64. The trade was a 44.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible 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 firm's stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $5,180,200.00. Following the completion of the transaction, the chief executive officer owned 2,235,766 shares in the company, valued at $579,085,751.66. This represents a 0.89% decrease in their position. 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. Insiders have sold a total of 71,589 shares of company stock worth $18,568,785 in the last ninety days. 8.90% of the stock is currently owned by corporate insiders.

Amazon.com Trading Down 1.4%

Shares of Amazon.com stock opened at $246.15 on Tuesday. The stock has a market capitalization of $2.66 trillion, a PE ratio of 19.80, a price-to-earnings-growth ratio of 1.93 and a beta of 1.44. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $287.20. The stock has a 50 day moving average price of $256.31 and a two-hundred day moving average price of $247.42. 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 (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping analysts' consensus estimates of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The company had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. During the same period in the prior year, the firm earned $1.68 earnings per share. Amazon.com's revenue for the quarter was up 19.6% on a year-over-year basis. As a group, equities analysts anticipate that Amazon.com, Inc. will post 8.01 earnings per share for the current fiscal year.

Amazon.com News Roundup

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

• Positive Sentiment: Adobe expects U.S. consumers to spend approximately $10 billion during Amazon’s October Prime Day, contributing to a projected record $275 billion U.S. holiday shopping season. Higher online spending could support fourth-quarter sales, although aggressive retailer promotions may pressure margins. Amazon Has a $10 Billion Holiday Catalyst Coming in October
• Positive Sentiment: Analysts and investors continue to point to accelerating AWS growth, a large contracted backlog and rising AI-related cloud demand. Commentary that Amazon’s AI capital expenditures are beginning to generate returns supports the long-term bull case for AWS. I'd Buy Amazon Stock While It Sits 12% Below Its Record
• Positive Sentiment: Amazon is expanding its strategic footprint through robotics in India, low-carbon data-center infrastructure and its Leo satellite network. These initiatives could strengthen logistics, cloud infrastructure and future connectivity businesses, though they require substantial investment.
• Neutral Sentiment: Amazon’s comparison with Alibaba highlights that both companies are making major AI and cloud investments. The key differentiator for investors is whether AWS growth and profitability can justify Amazon’s spending pace.
• Negative Sentiment: Cheaper Anthropic Claude models are raising questions about AWS Bedrock pricing. Lower prices could reduce revenue per AI call, even if they stimulate greater usage and overall cloud consumption. Amazon Stock Falls as Cheaper Claude Tests Bedrock Elasticity
• Negative Sentiment: Senate Democrats are seeking information from Amazon and other technology companies about tax subsidies for AI and data-center development, creating potential regulatory and political uncertainty around future incentives. Sen. Warren Questions AI Tax Subsidies
• Negative Sentiment: A U.K. consumer lawsuit alleging that Apple and Amazon restricted competition in Apple-product sales was allowed to proceed in part, adding to Amazon’s legal and antitrust exposure. Apple and Amazon Face Revived UK Consumer Lawsuit

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Piper Sandler restated an "overweight" rating and issued a $320.00 price target (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. TD Cowen reaffirmed a "buy" rating and set a $350.00 target price (up from $340.00) on shares of Amazon.com in a research report on Friday, July 31st. KeyCorp raised their price objective on Amazon.com from $335.00 to $350.00 and gave the stock an "overweight" rating in a research report on Friday, July 31st. Citigroup reissued a "market outperform" rating on shares of Amazon.com in a research report on Friday, August 14th. Finally, Sanford C. Bernstein restated an "outperform" rating and set a $320.00 price target (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. Fifty-six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Amazon.com currently has a consensus rating of "Moderate Buy" and a consensus price target of $321.19.

About Amazon.com

Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.

Amazon's major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.

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