OMERS ADMINISTRATION Corp Acquires Shares of 2,190,282 Amazon.com, Inc. $AMZN

Key Points

• OMERS Administration Corp. acquired 2.19 million Amazon shares worth approximately $522 million, making Amazon its fifth-largest holding and representing 3.1% of its portfolio. Institutional investors collectively own 72.2% of Amazon.
• Amazon reported strong quarterly results, with revenue rising 19.6% year over year to $200.61 billion and earnings of $5.75 per share, significantly exceeding analyst estimates.
• Wall Street remains bullish, with 56 analysts rating Amazon a Buy and an average price target of $321.19, although concerns persist over heavy capital spending, regulatory scrutiny, and recent insider share sales.

OMERS ADMINISTRATION Corp purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,190,282 shares of the e-commerce giant's stock, valued at approximately $522,032,000. Amazon.com makes up 3.1% of OMERS ADMINISTRATION Corp's investment portfolio, making the stock its 5th biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Red Crane Wealth Management LLC grew its stake in Amazon.com by 2.3% in the 1st quarter. Red Crane Wealth Management LLC now owns 1,663 shares of the e-commerce giant's stock worth $346,000 after buying an additional 38 shares in the last quarter. Robinson Smith Wealth Advisors LLC boosted its holdings in Amazon.com by 0.7% during the 1st quarter. Robinson Smith Wealth Advisors LLC now owns 5,509 shares of the e-commerce giant's stock valued at $1,147,000 after acquiring an additional 40 shares during the period. Sfam LLC grew its holdings in shares of Amazon.com by 3.4% in the first quarter. Sfam LLC now owns 1,224 shares of the e-commerce giant's stock worth $255,000 after purchasing an additional 40 shares during the last quarter. Measured Risk Portfolios Inc. increased its position in shares of Amazon.com by 3.4% in the first quarter. Measured Risk Portfolios Inc. now owns 1,206 shares of the e-commerce giant's stock valued at $251,000 after acquiring an additional 40 shares during the period. Finally, CoreFirst Bank & Trust raised its position in Amazon.com by 1.1% during the 1st quarter. CoreFirst Bank & Trust now owns 3,620 shares of the e-commerce giant's stock valued at $754,000 after purchasing an additional 40 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $253.71 on Monday. The company's 50 day moving average price is $256.09 and its 200-day moving average price is $245.86. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week 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 stock has a market cap of $2.74 trillion, a price-to-earnings ratio of 20.41, a PEG ratio of 1.97 and a beta of 1.44.

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 business had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. During the same quarter in the previous year, the firm earned $1.68 EPS. Amazon.com's revenue was up 19.6% on a year-over-year basis. On average, equities research analysts forecast that Amazon.com, Inc. will post 8.01 earnings per share for the current fiscal year.

More Amazon.com News

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

• Positive Sentiment: Amazon agreed to purchase up to $8 billion of backup generators from Generac, including approximately $2.4 billion of deliveries in 2027–2028. The deal should help Amazon bring AWS data centers online despite grid-connection delays and power shortages, while Amazon receives warrants to purchase Generac shares. Generac Plugs into Amazon for an $8B AI-Powered Deal
• Positive Sentiment: Analysts and investors continue to point to accelerating AWS demand, with reports citing a $169 billion annualized revenue run rate and a large cloud backlog. That supports expectations that AI-related infrastructure spending can translate into future sales, despite near-term cash-flow pressure. Amazon’s Andy Jassy Just Made a Startling Prediction
• Positive Sentiment: Project Mercury aims to expand Amazon’s same-day delivery network to more than 1,000 hubs by 2031. Bank of America called the initiative strategically important as Amazon attempts to narrow Walmart’s proximity and convenience advantage. Amazon’s secret weapon against Walmart could be a massive blitz in same-day delivery
• Positive Sentiment: AWS made its AI-powered hiring product, Amazon Connect Talent, generally available, expanding Amazon’s enterprise AI offerings beyond cloud infrastructure. Amazon has also received favorable attention from UBS analysts among top technology stock picks.
• Neutral Sentiment: Amazon is promoting industry and government cooperation on AI safety standards, emphasizing testing before release without calling for a broader slowdown in development. The stance may improve trust but is unlikely to materially change near-term results. Amazon Urges Industry and Government Partnership on AI Safeguards
• Negative Sentiment: Amazon faces European Commission scrutiny over marketplace rules that may restrict sellers from offering lower prices elsewhere, creating potential regulatory and compliance costs.
• Negative Sentiment: Investors remain concerned that roughly $220 billion of planned 2026 capital expenditures could keep free cash flow negative. Higher wages, delivery costs and possible electricity-grid charges for data centers add to the spending burden.
• Negative Sentiment: U.S. senators have urged the FTC to investigate Amazon’s AI shopping tools over alleged suppression of U.S.-made products and misleading “Made in USA” labels. The company also continues to face reputational and legal attention related to its Prime settlement.

Insider Buying and Selling

In related news, CEO Matthew S. Garman sold 14,541 shares of the business's stock in a transaction that occurred on Friday, August 21st. The shares were 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 in the company, valued at approximately $4,609,713.64. The trade was a 44.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the business's stock in a transaction on 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 of the company's stock, valued at approximately $10,699,926.30. The trade was a 18.35% 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 valued at $18,568,785 in the last 90 days. 8.90% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several research analyst reports. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $320.00 target price (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. Royal Bank Of Canada raised their price objective on shares of Amazon.com from $320.00 to $330.00 and gave the stock an "outperform" rating in a report on Friday, July 31st. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Amazon.com in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $325.00 target price (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, Wells Fargo & Company reissued an "overweight" rating and issued a $338.00 target price (up from $328.00) on shares of Amazon.com in a research report on Thursday, September 3rd. Fifty-six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, Amazon.com currently has an average rating of "Moderate Buy" and an average target price of $321.19.

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.

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