Old Mission Investment Co LLC Acquires New Shares in Amazon.com, Inc. $AMZN

Key Points

• Old Mission Investment Co. LLC acquired 34,407 Amazon shares worth approximately $8.2 million in the second quarter, making Amazon its eighth-largest holding and about 1.7% of its portfolio.
• Institutional investors own 72.2% of Amazon, while insiders have sold 70,589 shares worth $18.3 million over the past 90 days, including sales by CFO Brian Olsavsky and SVP David Zapolsky under 10b5-1 plans.
• Wall Street remains broadly bullish, with a consensus “Moderate Buy” rating and average price target of $321.63, supported by AWS and AI growth; however, rising infrastructure spending, potential margin pressure and regulatory risks remain concerns.

Old Mission Investment Co LLC bought a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 34,407 shares of the e-commerce giant's stock, valued at approximately $8,200,000. Amazon.com makes up about 1.7% of Old Mission Investment Co LLC's holdings, making the stock its 8th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of AMZN. TOP Private Wealth LLC. acquired a new position in Amazon.com during the second quarter worth $29,000. Bard Associates Inc. acquired a new stake in shares of Amazon.com in the 2nd quarter valued at $32,000. Longfellow Investment Management Co. LLC bought a new stake in shares of Amazon.com in the 2nd quarter worth about $33,000. Lifetime Wealth Management P.C. bought a new stake in shares of Amazon.com in the 4th quarter worth about $45,000. Finally, Prudent Man Investment Management Inc. increased its position in shares of Amazon.com by 87.7% during the 4th quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant's stock worth $53,000 after purchasing an additional 107 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

More Amazon.com News

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

• Positive Sentiment: AWS data-center push received support: Amazon Web Services pledged more than $1 billion over five years for communities hosting its U.S. data centers, including job training, education and infrastructure initiatives. The investment is intended to ease resistance to new facilities and help Amazon secure capacity for AI workloads. Amazon to invest $1 billion over five years in US data center communities
• Positive Sentiment: AI and AWS growth remain the main bullish catalyst: Reports highlighted AWS’s rapid expansion, a more than $1 billion Synopsys agreement supporting custom-chip development, and Anthropic’s expected long-term AWS commitments of roughly $110 billion. Amazon also launched an AI agent that audits customers’ cloud environments, potentially increasing AWS usage while improving customer cost, security and performance management. Amazon Is Both Landlord And Shareholder In Anthropic’s Giant Cloud Bet
• Positive Sentiment: Analyst confidence provided additional support: Goldman Sachs added Amazon to its conviction list, while New Street raised its price target to $385 and maintained a Buy rating. Analysts cited AWS growth, generative AI exposure and potential retail-margin improvement as reasons for longer-term upside. New Street Adjusts Price Target on Amazon.com to $385
• Neutral Sentiment: Amazon is reportedly exploring an $8 billion chip sale-and-leaseback: Moving Nvidia AI chips to an investment vehicle could make the balance sheet more asset-light and help fund capital spending, but it also underscores the scale of Amazon’s AI infrastructure costs and financing requirements. Amazon seeks to offload $8 billion of Nvidia chips
• Negative Sentiment: Investors face profitability and regulatory risks: Analysts questioned how much AWS earnings are distorted by unrealized Anthropic investment gains, while surging AI capital expenditures could pressure free cash flow. Potential tougher EU cloud rules, data-center opposition, warehouse labor actions and Prime-related settlement payments add further uncertainty. What Are Amazon Investors Paying for AWS Without Investment Gains?

Insiders Place Their Bets

In other Amazon.com news, CFO Brian T. Olsavsky sold 6,172 shares of the company's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $260.31, for a total transaction of $1,606,633.32. Following the transaction, the chief financial officer directly owned 109,207 shares in the company, valued at approximately $28,427,674.17. This represents a 5.35% decrease in their position. The transaction 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, 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 completion of the transaction, the senior vice president directly owned 41,190 shares in the company, valued at $10,699,926.30. This trade represents a 18.35% 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 have sold 70,589 shares of company stock valued at $18,329,015 over the last 90 days. Corporate insiders own 8.90% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on AMZN shares. DA Davidson reissued a "neutral" rating and set a $250.00 price target on shares of Amazon.com in a report on Friday, July 31st. Robert W. Baird set a $310.00 price objective on shares of Amazon.com and gave the stock an "outperform" rating in a research note on Friday, July 31st. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $320.00 price objective (down from $330.00) on shares of Amazon.com in a report on Friday, July 31st. JPMorgan Chase & Co. lifted their target price on shares of Amazon.com from $330.00 to $365.00 and gave the company an "overweight" rating in a research note on Friday, July 31st. Finally, Jefferies Financial Group reissued a "buy" rating on shares of Amazon.com in a report on Thursday, June 18th. Fifty-six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of "Moderate Buy" and a consensus target price of $321.63.

Amazon.com Stock Performance

AMZN stock opened at $251.52 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. The company has a 50 day moving average price of $257.06 and a 200 day moving average price of $248.25. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. The stock has a market capitalization of $2.71 trillion, a PE ratio of 20.23, a price-to-earnings-growth ratio of 1.95 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating analysts' consensus estimates of $1.82 by $3.93. The firm had revenue of $200.61 billion for 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 business's quarterly revenue was up 19.6% compared to the same quarter last year. During the same period last year, the company earned $1.68 EPS. Analysts forecast that Amazon.com, Inc. will post 8.01 EPS for the current year.

Amazon.com Company Profile

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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