Amazon.com, Inc. $AMZN Shares Bought by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 11.2% during the second quarter, HoldingsChannel.com reports. The firm owned 46,233 shares of the e-commerce giant’s stock after acquiring an additional 4,659 shares during the period. Amazon.com comprises approximately 1.1% of Patton Albertson Miller Group LLC’s holdings, making the stock its 22nd biggest holding. Patton Albertson Miller Group LLC’s holdings in Amazon.com were worth $11,019,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Norges Bank purchased a new position in Amazon.com in the fourth quarter valued at approximately $32,868,735,000. Auto Owners Insurance Co increased its position 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 worth $2,272,397,000 after acquiring an additional 98,090,585 shares in the last quarter. J. Stern & Co. LLP increased its position in shares of Amazon.com by 20,598.0% in the fourth quarter. J. Stern & Co. LLP now owns 87,982,814 shares of the e-commerce giant’s stock worth $20,308,193,000 after acquiring an additional 87,557,736 shares in the last quarter. Nuveen LLC purchased a new position in shares of Amazon.com in the 1st quarter valued at $11,674,091,000. Finally, Cardano Risk Management B.V. lifted its holdings in shares of Amazon.com by 879.4% during the 4th quarter. Cardano Risk Management B.V. now owns 27,862,400 shares of the e-commerce giant’s stock valued at $6,431,199,000 after acquiring an additional 25,017,588 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Trading Down 2.5%

Shares of AMZN opened at $259.77 on Tuesday. The company has a market capitalization of $2.80 trillion, a P/E ratio of 20.90, a P/E/G ratio of 1.77 and a beta of 1.45. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $287.20. 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 stock has a 50-day moving average price of $252.16 and a 200 day moving average price of $241.05.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, beating 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 firm had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. During the same quarter last year, the firm earned $1.68 EPS. Amazon.com’s quarterly revenue was up 19.6% on a year-over-year basis. Sell-side analysts forecast that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 14,541 shares of the stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the transaction, the chief executive officer directly owned 17,794 shares in the company, valued at $4,609,713.64. This represents a 44.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through 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 stock in a transaction on Monday, August 24th. The shares were sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the transaction, 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. 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 three months, insiders have sold 70,589 shares of company stock valued at $18,314,015. Corporate insiders own 8.90% of the company’s stock.

Amazon.com News Summary

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

• Positive Sentiment: AWS expansion supports long-term growth. AWS is bringing OpenAI, Meta and Anthropic models to AWS GovCloud, potentially strengthening Amazon’s position in government AI workloads. Separately, AWS plans more than $5.3 billion in cloud infrastructure investment in Saudi Arabia. Amazon brings AI models to AWS GovCloud
• Positive Sentiment: Operating momentum remains a bullish counterweight. Recent coverage highlights accelerating AWS growth, expanding advertising revenue and improving profitability. Amazon’s latest reported quarter included $200.6 billion of revenue, up nearly 20% year over year, while AWS revenue rose 36.7% to $42.2 billion and generated $16.6 billion in operating income. Analysts cited in the articles continue to see additional upside, with a reported median price target of $320. Amazon growth outlook
• Neutral Sentiment: Capital spending remains a key debate. Amazon’s roughly $220 billion 2026 capital-expenditure plan is intended to build AI and cloud capacity, but investors remain concerned about near-term free-cash-flow pressure and whether the spending will generate adequate returns.
• Negative Sentiment: FTC lawsuit creates substantial regulatory risk. The Federal Trade Commission and 22 states allege Amazon secretly manipulated ad auctions and used undisclosed surcharges to overcharge approximately 1.2 million advertisers by more than $20 billion. Potential remedies, damages, changes to Amazon Ads and reputational harm could threaten a rapidly growing, high-margin business. Amazon denies the allegations and says regulators mischaracterized its auction system. FTC lawsuit against Amazon
• Negative Sentiment: Near-term sentiment is particularly sensitive because AMZN is trading near record levels. The lawsuit gives investors a fresh reason to take profits and reassess valuation, even as the company’s underlying cloud and advertising growth remains strong.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of research reports. TD Cowen reaffirmed a “buy” rating and set a $350.00 price target (up from $340.00) on shares of Amazon.com in a research report on Friday, July 31st. China Renaissance increased their target price on Amazon.com from $300.00 to $326.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Royal Bank Of Canada raised their target price on Amazon.com from $320.00 to $330.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Telsey Advisory Group set a $335.00 price target on Amazon.com and gave the stock an “outperform” rating in a research report on Friday, July 31st. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $315.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $323.09.

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.