Pine Ridge Advisers LLC Purchases 31,780 Shares of Amazon.com, Inc. $AMZN

Key Points

• Pine Ridge Advisers LLC purchased 31,780 Amazon shares worth approximately $7.6 million in the second quarter, making Amazon its 24th-largest holding. Institutional investors collectively own 72.2% of Amazon’s stock.
• Amazon reported strong quarterly results, with revenue rising 19.6% year over year to $200.61 billion and earnings of $5.75 per share, well above estimates. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $321.19.
• Amazon is pursuing major growth investments, including $3 billion in India’s quick-commerce market and more than $100 million for an Indiana robotics facility, while facing concerns over capital spending, AI monetization, rising yields and workforce litigation.

Pine Ridge Advisers LLC purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 31,780 shares of the e-commerce giant's stock, valued at approximately $7,574,000. Amazon.com accounts for 0.5% of Pine Ridge Advisers LLC's investment portfolio, making the stock its 24th biggest holding.

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

Amazon.com News Roundup

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

• Positive Sentiment: Amazon announced a plan to invest approximately $3 billion in India’s quick-commerce market through 2030, expanding its Amazon Now delivery network. The investment could strengthen Amazon’s position in a rapidly growing market, although its current share is only about 6.2%. Amazon bets $3 billion on India's fast-delivery boom
• Positive Sentiment: New Amazon Supply Chain Services offerings let merchants add fast, free Prime delivery to their own websites and manage orders from Walmart, Shopify, eBay and TikTok through Seller Central. The initiative could expand fulfillment revenue and make Amazon’s logistics infrastructure more valuable outside its marketplace. Amazon Lets Merchants Add Free Prime Delivery to Their Own Websites
• Positive Sentiment: Analyst commentary remains constructive on Amazon Web Services, custom chips and agentic AI. Reports cite a roughly $496 billion AWS backlog and expanding AI tools for third-party sellers, advertising and cloud customers, supporting the long-term earnings-growth case.
• Positive Sentiment: Amazon is investing more than $100 million in an Indiana robotics manufacturing facility expected to create 300 jobs. The plant should increase internal automation capacity and could eventually support efficiency gains across the fulfillment network. Amazon to Expand Robot-Making Capacity With New Indiana Hub
• Neutral Sentiment: Amazon is allowing Anthropic’s Claude to access seller data while blocking Meta’s Muse shopping agent. The decision protects control over customer and marketplace data, but it could encourage rivals such as Shopify and Walmart to build more open agentic-commerce ecosystems. Amazon Opens Seller Data to Claude Days After Blocking Meta’s Muse
• Negative Sentiment: The India expansion and Indiana robotics project increase near-term capital spending, contributing to investor concerns about cash-flow pressure and the timing of returns. Amazon’s stock has also been technically testing support near its key moving averages.
• Negative Sentiment: A proposed nationwide class-action lawsuit alleges systematic discrimination against pregnant warehouse employees. Additional workforce litigation could increase legal costs, regulatory scrutiny and reputational risk. Amazon Faces Another Worker Lawsuit
• Negative Sentiment: Rising Treasury yields and broader weakness in technology stocks are creating valuation headwinds for AMZN, while concerns about heavy AI spending and uncertain monetization remain a near-term overhang.

Amazon.com Price Performance

Amazon.com stock opened at $249.38 on Friday. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The firm has a 50 day moving average price of $256.34 and a 200 day moving average price of $246.95. The company has a market cap of $2.69 trillion, a price-to-earnings ratio of 20.06, a PEG ratio of 1.98 and a beta of 1.44. 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 announced its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, beating analysts' consensus estimates of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. During the same quarter last year, the business earned $1.68 EPS. Amazon.com's revenue for the quarter was up 19.6% on a year-over-year basis. Sell-side analysts predict that Amazon.com, Inc. will post 8.01 earnings per share for the current year.

Insider Activity at Amazon.com

In other news, SVP David Zapolsky sold 9,258 shares of the firm's stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $259.77, for a total value of $2,404,950.66. Following 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of the 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 sale, the chief executive officer directly owned 17,794 shares of the company's stock, valued at approximately $4,609,713.64. This trade represents a 44.97% 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 sold a total of 71,589 shares of company stock valued at $18,568,785 over the last three months. Insiders own 8.90% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on AMZN shares. Citizens Jmp reaffirmed a "market outperform" rating and issued a $315.00 target price on shares of Amazon.com in a research report on Friday, July 31st. Mizuho set a $330.00 target price on shares of Amazon.com and gave the stock an "outperform" rating in a report on Friday, July 31st. Pivotal Research reissued a "buy" rating and issued a $333.00 price target (up from $320.00) on shares of Amazon.com in a research report on Friday, July 31st. Cantor Fitzgerald reissued 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. Finally, Wolfe Research restated an "outperform" rating and set a $315.00 price target on shares of Amazon.com in a report on Friday, July 31st. Fifty-six analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $321.19.

Amazon.com 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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