Railway Pension Investments Ltd Decreases Stock Position in Amazon.com, Inc. $AMZN

Key Points

• Railway Pension Investments Ltd. cut its Amazon stake by 11.2% in the second quarter, selling 125,760 shares and retaining 996,040 shares valued at approximately $237.4 million. Amazon remains the fund’s seventh-largest holding, representing about 3% of its portfolio.
• Wall Street remains bullish on Amazon. Fifty-six analysts rate the stock Buy and three rate it Hold, producing a consensus “Moderate Buy” rating and an average price target of $321.19.
• Amazon reported strong quarterly growth, with revenue rising 19.6% year over year to $200.61 billion and EPS of $5.75, well above the $1.82 consensus estimate. AWS and AI are key growth drivers, although increased competition, margin pressure, and regulatory scrutiny remain risks.

Railway Pension Investments Ltd decreased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 11.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 996,040 shares of the e-commerce giant's stock after selling 125,760 shares during the quarter. Amazon.com makes up about 3.0% of Railway Pension Investments Ltd's investment portfolio, making the stock its 7th largest position. Railway Pension Investments Ltd's holdings in Amazon.com were worth $237,396,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Auto Owners Insurance Co raised 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 buying an additional 98,090,585 shares during the last quarter. Bank of America Corp DE bought a new stake in Amazon.com during the 2nd quarter worth about $22,218,775,000. Bank of New York Mellon Corp bought a new stake in shares of Amazon.com during the second quarter worth $16,341,405,000. Legal & General Group Plc acquired a new position in shares of Amazon.com during the second quarter valued at $12,831,376,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Amazon.com in the second quarter valued at about $6,631,466,000. Institutional investors own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on AMZN. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Amazon.com in a research note on Monday, August 3rd. Raymond James Financial reissued an "outperform" rating and set a $390.00 price target (up from $280.00) on shares of Amazon.com in a research note on Friday, July 31st. Roth Capital restated a "buy" rating and issued a $325.00 price objective on shares of Amazon.com in a report on Monday, August 3rd. Needham & Company LLC reaffirmed a "buy" rating and issued a $300.00 price objective on shares of Amazon.com in a research note on Friday, July 31st. Finally, Pivotal Research reaffirmed a "buy" rating and set a $333.00 target price (up from $320.00) on shares of Amazon.com 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 data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $321.19.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Andrew Jassy sold 20,000 shares of the business's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the sale, the chief executive officer directly owned 2,235,766 shares of the company's stock, valued at $579,085,751.66. The trade was a 0.89% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,343 shares of the stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $606,860.43. Following the transaction, the vice president owned 119,780 shares of the company's stock, valued at approximately $31,024,217.80. This represents a 1.92% decrease in their ownership of the stock. 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. In the last ninety days, insiders sold 70,589 shares of company stock worth $18,329,015. 8.90% of the stock is owned by insiders.

Amazon.com News Roundup

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

• Positive Sentiment: AWS and AI remain the main growth catalysts. Amazon’s Bedrock platform is expanding its selection of models, including GPT-6 and Claude, while analysts argue that rising AI workloads could support faster AWS growth and higher margins. Lower model costs may also increase overall cloud consumption. Amazon Stock Slips as Bedrock Expands Model Choice
• Positive Sentiment: AI infrastructure partnerships are broadening. Australian biotech CSL is working with Amazon Web Services on AI and cloud tools for research and clinical development. Amazon is also building data-center infrastructure and its own satellite network, creating potential long-term growth opportunities beyond retail. Australia's CSL taps Amazon's cloud unit
• Positive Sentiment: Holiday demand expectations are favorable. Adobe projects roughly $10 billion in spending during Amazon’s October Prime Day and forecasts record U.S. holiday e-commerce sales. Strong consumer demand could support fourth-quarter revenue, although aggressive discounts may limit margins. Amazon Has a $10 Billion Holiday Catalyst Coming in October
• Neutral Sentiment: Amazon is gaining political visibility in AI. Founder Jeff Bezos joined other technology leaders at a White House meeting where President Trump said AI companies should largely self-police. The discussion could influence future regulation, but its direct financial impact remains unclear. Trump says AI leaders have to self-police AI technology
• Negative Sentiment: Model commoditization is pressuring AWS economics. Cheaper Claude models and more competing providers on Bedrock could reduce revenue per inference call and intensify price competition, even if usage volumes rise.
• Negative Sentiment: Regulatory and legal risks are increasing. Senate Democrats are seeking details on Amazon’s AI and data-center tax deductions, while a revived U.K. consumer lawsuit alleges that Amazon and Apple restricted competition in Apple-product sales. Amazon Draws Senate Questions Over AI Data Center Tax Deductions

Amazon.com Price Performance

Shares of AMZN opened at $246.67 on Wednesday. The stock has a market capitalization of $2.66 trillion, a P/E ratio of 19.84, a P/E/G ratio of 1.91 and a beta of 1.44. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $287.20. The company has a 50 day moving average of $256.29 and a 200-day moving average of $247.66. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23.

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