Turim 21 Investimentos Ltda. Purchases New Stake in Amazon.com, Inc. $AMZN

Key Points

• Turim 21 Investimentos acquired 101,621 Amazon shares worth approximately $24.2 million in the second quarter, making Amazon its ninth-largest holding and representing 3.9% of its portfolio. Institutional investors and hedge funds collectively own 72.2% of Amazon.
• Amazon reported strong quarterly results, with earnings of $5.75 per share and revenue of $200.61 billion, surpassing analyst estimates and showing 19.6% year-over-year revenue growth.
• Despite a 2% stock decline, Wall Street remains bullish: Amazon has a “Moderate Buy” consensus rating and an average price target of $323.26, supported by expected AWS and AI growth, though cloud competition and recent operational disruptions remain risks.

Turim 21 Investimentos Ltda. acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 101,621 shares of the e-commerce giant's stock, valued at approximately $24,220,000. Amazon.com accounts for 3.9% of Turim 21 Investimentos Ltda.'s investment portfolio, making the stock its 9th biggest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. one8zero8 LLC bought a new stake in shares of Amazon.com in the second quarter valued at about $10,440,000. Kentucky Farm Bureau Mutual Insurance Co bought a new stake in Amazon.com in the 2nd quarter valued at about $10,844,000. Addison Advisors LLC acquired a new position in shares of Amazon.com during the 2nd quarter worth approximately $694,000. DeLarme Wealth Management Inc. acquired a new position in shares of Amazon.com during the 2nd quarter worth approximately $531,000. Finally, Mmbg Investment Advisors CO. bought a new position in shares of Amazon.com during the second quarter worth approximately $95,171,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Large AI infrastructure commitments support AWS growth. Amazon reportedly could purchase up to $60 billion of Qualcomm AI chips, while its partnership with Wiwynn will expand U.S. server manufacturing capacity and create nearly 1,000 jobs. These developments reinforce Amazon’s long-term investment in cloud and artificial-intelligence infrastructure. Amazon Could Buy Up to $60 Billion From Qualcomm
• Positive Sentiment: Anthropic stake and operating outlook remain potential value drivers. Reports that Anthropic expects a second consecutive quarter of adjusted operating profit—and could pursue a valuation of as much as $2 trillion—highlight the potential value of Amazon’s roughly $13 billion investment in the AI developer. Anthropic Expects a Second Straight Quarter of Adjusted Operating Profit
• Positive Sentiment: Retail and advertising initiatives offer additional support. Amazon India’s rapid-delivery service reportedly surpassed $1 billion in annualized sales, and the company scheduled Prime Big Deal Days for October 6–7. Amazon also expanded its advertising reach through a pilot with ChatGPT. Amazon India’s Amazon Now Tops $1 Billion
• Neutral Sentiment: Analysts remain broadly optimistic. Coverage indicates Amazon has no sell ratings and continued confidence in earnings, cash flow and AWS growth, although bullish ratings have not prevented near-term volatility. Is It Worth Investing in Amazon Based on Wall Street’s Bullish Views?
• Negative Sentiment: AWS cannot restore access to damaged facilities in Bahrain and the UAE. The prolonged loss of access to customer data and cloud availability zones raises concerns about service resilience, customer retention, potential costs and reputational damage. This was the most direct company-specific pressure on AMZN. AWS Unable to Restore Access After War Damage
• Negative Sentiment: Macro and competitive pressures weighed on technology stocks. Investors prepared for a Federal Reserve rate decision amid higher yields and oil prices, while commentary suggested AWS cloud growth is lagging Microsoft Azure and Google Cloud in AI. Amazon also paused operations with 21 Air after a fatal cargo-plane crash, adding logistics and reputational risk. Amazon Stock Slides: What’s Happening?

Amazon.com Stock Down 2.0%

AMZN stock opened at $248.42 on Wednesday. The firm has a 50-day moving average price of $255.80 and a 200-day moving average price of $244.98. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $287.20. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $2.68 trillion, a P/E ratio of 19.99, a price-to-earnings-growth ratio of 1.95 and a beta of 1.44.

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, beating the consensus estimate of $1.82 by $3.93. The company 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 firm's revenue was up 19.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.68 EPS. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Insider Activity at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 9,258 shares of the company'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 completion of the transaction, the senior vice president owned 41,190 shares of the company's stock, valued at $10,699,926.30. This represents a 18.35% decrease in their position. The sale was disclosed in a document filed 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, CEO Andrew 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 transaction, the chief executive officer owned 2,235,766 shares of the company's stock, valued at $579,085,751.66. This represents a 0.89% 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. Insiders have sold a total of 71,589 shares of company stock worth $18,568,785 over the last 90 days. 8.90% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Rosenblatt Securities began coverage on Amazon.com in a research report on Thursday, August 20th. They set a "buy" rating and a $335.00 price target on the stock. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $320.00 price objective (down from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Truist Financial upped their target price on Amazon.com from $320.00 to $350.00 and gave the company a "buy" rating in a research report on Friday, July 31st. Raymond James Financial reissued 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. Finally, Roth Capital reissued a "buy" rating and issued a $325.00 target price on shares of Amazon.com in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $323.26.

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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