Wilkinson Global Asset Management LLC Buys New Stake in Amazon.com, Inc. $AMZN

Wilkinson Global Asset Management LLC bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 236,779 shares of the e-commerce giant’s stock, valued at approximately $56,434,000. Amazon.com accounts for approximately 4.5% of Wilkinson Global Asset Management LLC’s investment portfolio, making the stock its 8th biggest holding.

A number of other large investors also recently added to or reduced their stakes in AMZN. Brighton Jones LLC boosted its position in Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after buying an additional 397,007 shares during the period. Revolve Wealth Partners LLC increased its position in shares of Amazon.com by 4.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock worth $5,495,000 after acquiring an additional 986 shares during the period. Bank Pictet & Cie Europe AG raised its stake in shares of Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after acquiring an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE raised its stake in shares of Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after acquiring an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC purchased a new position in Amazon.com in the fourth quarter valued at $2,153,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on AMZN. Piper Sandler reissued an “overweight” rating and set a $320.00 target price (up from $315.00) on shares of Amazon.com in a research note on Friday, July 31st. Evercore set a $355.00 price objective on Amazon.com and gave the company an “outperform” rating in a research note on Friday, August 28th. KeyCorp boosted their price objective on Amazon.com from $335.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. BMO Capital Markets restated an “outperform” rating and set a $360.00 target price (up from $355.00) on shares of Amazon.com in a research note on Tuesday, July 28th. Finally, UBS Group set a $318.00 target price on shares of Amazon.com and gave the company a “buy” rating in a 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 given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $323.26.

Amazon.com Trading Down 1.8%

AMZN opened at $252.40 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $287.20. The company has a market cap of $2.72 trillion, a P/E ratio of 20.31, a PEG ratio of 1.98 and a beta of 1.44. The business’s 50-day simple moving average is $255.09 and its 200-day simple moving average is $243.74.

Amazon.com (NASDAQ:AMZN) 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 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 the consensus estimate of $197.03 billion. During the same period in the prior year, the company posted $1.68 earnings per share. The firm’s quarterly revenue was up 19.6% compared to the same quarter last year. As a group, equities research analysts expect that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, 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 value of $2,404,950.66. Following the transaction, the senior vice president directly owned 41,190 shares of the company’s stock, valued at $10,699,926.30. This trade represents a 18.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Jassy sold 20,000 shares of Amazon.com stock in a transaction 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 sale, the chief executive officer owned 2,235,766 shares in the company, valued at $579,085,751.66. This represents a 0.89% 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 90 days, insiders have sold 71,589 shares of company stock worth $18,568,785. 8.90% of the stock is currently owned by company insiders.

Key Amazon.com News

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

• Positive Sentiment: Major AI-chip supply agreement: Amazon Web Services agreed to a multigenerational collaboration with Qualcomm to develop custom AI inference chips and optical networking systems. The arrangement could involve up to $60 billion of AWS purchases through 2036, helping Amazon diversify beyond Nvidia and potentially reduce AI computing costs. Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
• Positive Sentiment: Expansion of AI and data-center capacity: Amazon and manufacturing partner Wiwynn plan to invest $1.6 billion in Texas, adding nearly 1,000 advanced-manufacturing jobs. Amazon is also raising £4.25 billion through its first sterling bond sale to help fund AI infrastructure and data-center expansion. AMZN And Wiwynn Are Scaling Up in Texas
• Positive Sentiment: New growth opportunities: AT&T became the first major U.S. telecom customer for Amazon Leo satellite broadband, while Amazon ordered six additional Ariane 6 launches. These developments support Amazon’s efforts to build businesses beyond e-commerce and AWS. AT&T Becomes Amazon’s First Major Satellite Broadband Telecom Customer
• Neutral Sentiment: Board strengthened with cybersecurity expertise: Amazon appointed Kevin Mandia, Mandiant’s founder and former CEO, to its board. The appointment adds security experience as Amazon expands cloud, AI and satellite operations. Amazon adds cybersecurity veteran Kevin Mandia to board
• Negative Sentiment: Investor concern over spending and leverage: Amazon’s projected roughly $220 billion of 2026 capital expenditures and negative free cash flow are raising questions about whether AI returns will justify the buildout. The sterling bond sale expands financing capacity but also highlights the company’s reliance on debt markets. Amazon starts selling first sterling bonds
• Negative Sentiment: Regulatory and legal risks remain: States including Ohio may reduce data-center tax incentives, potentially increasing infrastructure costs. Amazon also faces a proposed class-action lawsuit alleging discrimination against pregnant warehouse workers, while investigators continue examining a fatal Prime Air cargo-plane crash. Amazon, Google and Meta Face Pushback Over Data Center Tax Breaks

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.