Amazon.com, Inc. $AMZN Shares Acquired by Cardano Risk Management B.V.

Cardano Risk Management B.V. boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 2,909,831 shares of the e-commerce giant’s stock after buying an additional 2,394 shares during the period. Amazon.com comprises about 5.3% of Cardano Risk Management B.V.’s portfolio, making the stock its 4th biggest holding. Cardano Risk Management B.V.’s holdings in Amazon.com were worth $693,529,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Trust Asset Management LLC increased its position in Amazon.com by 3.3% during the second quarter. Trust Asset Management LLC now owns 107,563 shares of the e-commerce giant’s stock worth $26,000 after acquiring an additional 3,414 shares during the period. MilWealth Group LLC raised its stake in Amazon.com by 79.0% in the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after purchasing an additional 79 shares in the last quarter. Lifetime Wealth Management P.C. bought a new stake in Amazon.com in the 4th quarter valued at about $45,000. Elkhorn Partners Limited Partnership boosted its holdings in Amazon.com by 900.0% in the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 180 shares during the period. Finally, Fairway Wealth LLC grew its position in shares of Amazon.com by 95.6% during the 4th quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock worth $51,000 after purchasing an additional 108 shares in the last quarter. 72.20% of the stock is 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: AI and AWS positioning: An analyst said the market is not giving Amazon enough credit for its AI strategy. AWS reportedly grew 37% year over year to $42.2 billion, while its AI business surpassed a $25 billion annualized revenue run rate. AWS backlog also reportedly reached $496 billion, supporting expectations for continued cloud growth. Amazon not getting enough credit for AI positioning
• Positive Sentiment: Prime Video expansion: Amazon committed $2 billion through 2030 to expand Prime Video’s original content, sports rights and third-party streaming offerings across Latin America. The investment could strengthen international engagement and broaden long-term advertising and subscription opportunities. Amazon commits $2 billion to expand Prime Video across Latin America
• Positive Sentiment: Investor and analyst support: David Tepper and Stanley Druckenmiller increased their Amazon positions during the second quarter. Rosenblatt initiated coverage with a Buy rating and a $335 price target, while the broader analyst consensus remains “Moderate Buy” with an average target of $322.56. Cathie Wood and Stanley Druckenmiller Agree On Amazon
• Neutral Sentiment: Drone delivery rollout: Prime Air is planned for nearly 500 U.S. cities by year-end, with deliveries potentially arriving within 30 minutes. The expansion could improve fulfillment differentiation, but regulatory, noise, privacy and execution challenges may limit the financial payoff. Amazon to expand drone service to nearly 500 cities
• Negative Sentiment: AI earnings-quality concerns: Investors are scrutinizing a reported $53.4 billion benefit tied to Anthropic’s higher valuation, worrying that paper gains may obscure underlying cash generation. Amazon’s large AI capital requirements could also pressure returns if demand fails to justify the spending. Amazon Falls as AI Gain Faces Scrutiny
• Negative Sentiment: Delivery-provider change: UPS is phasing out most last-mile delivery services for Amazon, potentially requiring Amazon to shift more volume to its own logistics network or other carriers. That could increase near-term fulfillment costs and operational complexity. UPS Is Walking Away From Amazon

Wall Street Analyst Weigh In

AMZN has been the topic of several recent research reports. Evercore reaffirmed an “outperform” rating on shares of Amazon.com in a report on Tuesday, July 28th. Piper Sandler reissued an “overweight” rating and set a $320.00 price target (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. Benchmark raised their price objective on Amazon.com from $370.00 to $400.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Arete Research lifted their price objective on Amazon.com from $301.00 to $310.00 and gave the company a “buy” rating in a report on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $325.00 target price (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and a consensus price target of $322.39.

Insider Buying and Selling

In other Amazon.com news, CEO Douglas J. Herrington sold 3,741 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $262.76, for a total transaction of $982,985.16. Following the completion of the transaction, the chief executive officer owned 467,138 shares of the company’s stock, valued at approximately $122,745,180.88. The trade was a 0.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 6,741 shares of company stock worth $1,767,335 over the last three months. 8.90% of the stock is currently owned by insiders.

Amazon.com Trading Down 2.2%

Shares of AMZN opened at $259.92 on Friday. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $287.20. The business’s fifty day moving average is $249.46 and its 200-day moving average is $239.21. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. The firm has a market cap of $2.80 trillion, a price-to-earnings ratio of 20.91, a PEG ratio of 1.77 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results 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 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 analysts’ expectations of $197.03 billion. During the same quarter in the previous year, the firm earned $1.68 EPS. Amazon.com’s revenue was up 19.6% on a year-over-year basis. Equities analysts anticipate that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Amazon.com Profile

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.