Portfolio Design Labs LLC Purchases Shares of 68,798 Amazon.com, Inc. $AMZN

Key Points

• Portfolio Design Labs LLC acquired 68,798 Amazon shares worth approximately $16.4 million, making Amazon its seventh-largest holding at 2.7% of the portfolio. Institutional investors own 72.2% of Amazon’s outstanding stock.
• Analysts remain broadly positive, with 56 Buy ratings and three Holds; Amazon has a consensus “Moderate Buy” rating and an average price target of $323.26. The company also exceeded quarterly earnings and revenue estimates, reporting $5.75 EPS and $200.61 billion in revenue.
• Amazon’s growth opportunities include expanding AWS and AI infrastructure, same-day delivery, and Alexa+ in India, but investors face risks from rising AI capital expenditures, a $1.5 billion wage-investment program, AWS data-center disruptions, and recent insider selling.

Portfolio Design Labs LLC acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 68,798 shares of the e-commerce giant's stock, valued at approximately $16,397,000. Amazon.com accounts for about 2.7% of Portfolio Design Labs LLC's holdings, making the stock its 7th largest holding.

Other large investors have also recently made changes to their positions in the company. Auto Owners Insurance Co increased its holdings in shares of Amazon.com by 27,376.7% in the fourth quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant's stock valued at $2,272,397,000 after purchasing an additional 98,090,585 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of Amazon.com during the second quarter worth about $16,341,405,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Amazon.com in the second quarter valued at approximately $6,631,466,000. Danske Bank A S purchased a new stake in Amazon.com in the second quarter valued at approximately $2,494,705,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Amazon.com by 32.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 32,578,171 shares of the e-commerce giant's stock worth $6,785,036,000 after buying an additional 7,924,943 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on AMZN shares. Wells Fargo & Company restated an "overweight" rating and set a $338.00 price objective (up from $328.00) on shares of Amazon.com in a research note on Thursday, September 3rd. Zacks Research lowered shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a research note on Monday. HSBC reissued a "buy" rating and set a $310.00 target price on shares of Amazon.com in a report on Friday, July 31st. Citizens Jmp restated a "market outperform" rating and set a $315.00 target price on shares of Amazon.com in a research report on Friday, July 31st. Finally, KeyCorp upped their price target on shares of Amazon.com from $335.00 to $350.00 and gave the company an "overweight" rating in a report on Friday, July 31st. Fifty-six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $323.26.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Amazon agreed to a long-term deal with Generac to supply backup generators for its data centers. Initial deliveries are expected to total approximately $2.4 billion in 2027 and 2028, while Amazon received warrants to purchase up to roughly $340 million of Generac stock. The agreement signals continued expansion of Amazon’s AI and cloud infrastructure. Generac, Amazon strike $2.4 billion long-term generator supply deal
• Positive Sentiment: Amazon reportedly plans to expand its same-day delivery network from 85 locations to more than 1,000 hubs by 2031, potentially placing facilities within 10 miles of most U.S. Prime members. The strategy could improve delivery speed and strengthen Amazon’s retail moat. Amazon's next move could reshape how America shops
• Positive Sentiment: Amazon launched Alexa+ in India with Hindi-language support, expanding its conversational-AI ecosystem in a major growth market. Investors also continue to focus on strong AWS demand, advertising growth and Amazon’s stake in Anthropic as potential longer-term catalysts. Amazon launches Alexa+ in India with Hindi support
• Neutral Sentiment: Amazon raised minimum starting pay for U.S. core-operations employees to $20 per hour and added grocery and banking benefits. The move may support hiring and retention, but management expects the program to cost about $1.5 billion, creating near-term margin pressure. Amazon raises minimum hourly pay by $1 to $20
• Negative Sentiment: AWS said it cannot restore access to a Bahrain facility and one UAE availability zone damaged during the Iran conflict. The disclosure raises concerns about data recovery, customer trust and possible financial or regulatory consequences. Amazon's AWS is unable to restore access
• Negative Sentiment: Analyst commentary highlighted that AI-related capital expenditures are accelerating AWS growth but weighing on free cash flow and increasing reliance on debt. Separately, Zacks downgraded AMZN from “strong buy” to “hold,” adding to valuation and execution concerns. Amazon's AI Bet Is Paying Off in Revenues

Insider Buying and Selling at Amazon.com

In other news, CEO Andrew R. Jassy sold 20,000 shares of the stock in a transaction dated 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 sale, the chief executive officer directly owned 2,235,766 shares in the company, valued at $579,085,751.66. This represents a 0.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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 stock was 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 approximately $10,699,926.30. This represents a 18.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 71,589 shares of company stock valued at $18,568,785. 8.90% of the stock is owned by insiders.

Amazon.com Trading Down 1.0%

Shares of NASDAQ:AMZN opened at $245.96 on Thursday. The business's 50 day moving average price is $255.84 and its 200-day moving average price is $245.25. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The firm has a market capitalization of $2.65 trillion, a price-to-earnings ratio of 19.79, a price-to-earnings-growth ratio of 1.92 and a beta of 1.44. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $3.93. The business had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company's revenue for the quarter was up 19.6% compared to the same quarter last year. During the same quarter last year, the business earned $1.68 earnings per share. On average, equities research analysts forecast that Amazon.com, Inc. will post 8.05 earnings per share for the current fiscal year.

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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