Trajan Wealth LLC Acquires Shares of 315,739 Amazon.com, Inc. $AMZN

Key Points

• Trajan Wealth LLC acquired 315,739 Amazon shares worth approximately $75.3 million in the second quarter, making Amazon its eighth-largest holding. Institutional investors and hedge funds collectively own 72.2% of Amazon’s stock.
• Amazon reported quarterly earnings of $5.75 per share versus the $1.82 consensus estimate, while revenue rose 19.6% year over year to $200.61 billion. Shares recently traded at $254.98, down 1.3%.
• Analysts maintain a broadly positive outlook, with a “Moderate Buy” consensus and an average price target of $321.19. However, insiders sold 71,589 shares worth about $18.6 million during the quarter, including sales by CEO Andy Jassy and SVP David Zapolsky.

Trajan Wealth LLC purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 315,739 shares of the e-commerce giant's stock, valued at approximately $75,253,000. Amazon.com makes up approximately 2.8% of Trajan Wealth LLC's holdings, making the stock its 8th largest position.

Other large investors have also recently bought and sold shares of the company. Auto Owners Insurance Co boosted its stake in 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 acquiring an additional 98,090,585 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in Amazon.com during the second quarter worth $16,341,405,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Amazon.com during the second quarter valued at approximately $6,631,466,000. Danske Bank A S bought a new position in shares of Amazon.com in the second quarter valued at $2,494,705,000. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of 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 valued at $6,785,036,000 after acquiring an additional 7,924,943 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Down 1.3%

Shares of NASDAQ AMZN opened at $254.98 on Wednesday. The firm has a market cap of $2.75 trillion, a price-to-earnings ratio of 20.51, a PEG ratio of 2.00 and a beta of 1.44. 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 business's 50 day moving average is $256.47 and its two-hundred day moving average is $246.48.

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 (EPS) 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 company had revenue of $200.61 billion during the quarter, compared to the consensus estimate of $197.03 billion. During the same period in the previous year, the business earned $1.68 EPS. Amazon.com's revenue for the quarter was up 19.6% on a year-over-year basis. Research analysts predict that Amazon.com, Inc. will post 8.01 EPS for the current year.

Insiders Place Their Bets

In other news, SVP David Zapolsky sold 9,258 shares of the firm's stock in a transaction on 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 sale, the senior vice president owned 41,190 shares in the company, valued at $10,699,926.30. This trade represents a 18.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 20,000 shares of the company's stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the transaction, the chief executive officer directly owned 2,235,766 shares of the company's stock, valued at $579,085,751.66. This trade represents a 0.89% 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. Over the last quarter, insiders have sold 71,589 shares of company stock worth $18,568,785. 8.90% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Roth Capital reiterated a "buy" rating and set a $325.00 target price on shares of Amazon.com in a research note on Monday, August 3rd. Raymond James Financial reaffirmed an "outperform" rating and set a $390.00 target price (up from $280.00) on shares of Amazon.com in a report on Friday, July 31st. Telsey Advisory Group set a $335.00 price target on Amazon.com and gave the company an "outperform" rating in a research note on Friday, July 31st. Rosenblatt Securities initiated coverage on Amazon.com in a research note on Thursday, August 20th. They set a "buy" rating and a $335.00 target price for the company. Finally, Bank of America raised their price target on shares of Amazon.com from $310.00 to $320.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Fifty-six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, Amazon.com has a consensus rating of "Moderate Buy" and an average target price of $321.19.

Key Amazon.com News

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

• Positive Sentiment: Amazon signed a Generac supply agreement worth up to $8 billion for backup generators, including approximately $2.4 billion of expected orders in 2027–2028 and warrants for Amazon. The deal highlights strong AWS data-center demand and addresses electricity constraints that could otherwise slow AI expansion. Amazon's Generac power deal
• Positive Sentiment: Amazon is expanding AI-powered logistics, including smart glasses for more than 20,000 delivery drivers by 2027. The company also plans an additional $1.9 billion investment in its Delivery Service Partner program, targeting better safety, routing and delivery efficiency. Amazon delivery investment
• Neutral Sentiment: Amazon blocked Meta’s Muse shopping agent, citing unauthorized access, failure to identify itself and concerns involving customer credentials and data. The move protects Amazon’s control over customer relationships, checkout and marketplace data, but could cause it to lose orders initiated by outside AI agents as agentic commerce develops. Amazon and Meta Muse dispute
• Negative Sentiment: Shopify’s shares rallied after Meta enabled Muse to browse Shopify-powered stores and complete purchases through Shop Pay, while Amazon remained excluded. Investors may view this as a competitive advantage for Shopify and a potential threat to Amazon’s influence over future AI-driven shopping. Shopify and Meta Muse integration
• Negative Sentiment: Amazon’s planned AI buildout—estimated at roughly $220 billion in capital spending—continues to raise concerns about cash flow, returns on investment and possible AWS margin pressure. Higher labor costs, including a $1 increase in eligible U.S. warehouse starting pay, add to near-term expense pressure. Amazon wage investment
• Negative Sentiment: A U.S. financial disclosure showed sales of between $5 million and $25 million of Amazon stock by President Donald Trump in July. The transaction is historical and does not change Amazon’s fundamentals, but the disclosure may add short-term selling sentiment. Trump Amazon stock sale disclosure

About Amazon.com

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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