Roman Butler Fullerton & Co. purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 52,155 shares of the e-commerce giant’s stock, valued at approximately $12,899,000. Amazon.com comprises approximately 3.1% of Roman Butler Fullerton & Co.’s portfolio, making the stock its 4th biggest holding.
A number of other large investors have also recently added to or reduced their stakes in AMZN. Cura Wealth Advisors LLC bought a new position in shares of Amazon.com in the 2nd quarter valued at about $1,702,000. Simplicity Wealth LLC bought a new stake in shares of Amazon.com in the 2nd quarter valued at about $26,573,000. Baxter Bros Inc. acquired a new stake in Amazon.com in the 2nd quarter valued at about $18,701,000. Uniting Wealth Partners LLC acquired a new stake in Amazon.com in the 2nd quarter valued at about $3,203,000. Finally, Wealth Effects LLC acquired a new stake in Amazon.com in the 2nd quarter valued at about $15,224,000. Institutional investors and hedge funds own 72.20% of the company’s stock.
More Amazon.com News
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Amazon agreed to purchase up to $60 billion of Qualcomm’s custom data-center chips through 2036, diversifying AWS’s AI hardware supply beyond Nvidia and potentially improving infrastructure flexibility. The deal also reinforces expectations for continued AWS expansion. Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
- Positive Sentiment: Amazon is expanding its Quick AI assistant to iPhone and Android, adding a feed that prioritizes email, Slack, calendar and CRM updates. The move strengthens its enterprise AI offering against Microsoft and Google. Amazon expands its Quick AI assistant on mobile
- Positive Sentiment: New Prime Video shopping tools will let viewers discover products through X-Ray features, creating another potential advertising and commerce channel. Amazon is also allowing selected brands to advertise inside ChatGPT through a partnership with OpenAI. Amazon makes it easier to buy what you see on Prime Video
- Positive Sentiment: Amazon plans to invest more than $230 million in Whole Foods employee pay and benefits, while six additional Ariane 6 launches support the company’s Leo satellite-broadband expansion. These investments broaden Amazon’s retail and infrastructure growth opportunities. Amazon’s Whole Foods Market Plans Over $230 Million for Worker Pay, Benefits
- Neutral Sentiment: Amazon added cybersecurity executive Kevin Mandia to its board, bringing expertise from Mandiant and Google. The appointment is strategically relevant but unlikely to materially affect near-term earnings. Amazon adds cybersecurity veteran Kevin Mandia to board
- Negative Sentiment: Investors remain concerned about Amazon’s roughly $220 billion in 2026 capital expenditures and its first sterling bond offering to help fund AI infrastructure. Higher interest rates, negative free cash flow and uncertain returns could pressure valuation. Amazon starts selling first sterling bonds
- Negative Sentiment: Potential changes to Ohio data-center tax incentives could raise the cost of Amazon’s planned nearly $40 billion AI buildout. Separately, a lawsuit alleging violations of the Pregnant Workers Fairness Act adds legal and reputational risk. Amazon’s $40 billion Ohio AI bet faces a tax shock
Insiders Place Their Bets
Amazon.com Trading Down 0.2%
Shares of NASDAQ:AMZN opened at $251.89 on Friday. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20. The stock has a market cap of $2.72 trillion, a PE ratio of 20.26, a P/E/G ratio of 1.95 and a beta of 1.44. The business has a 50 day moving average of $255.28 and a 200-day moving average of $244.04. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23.
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 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 the consensus estimate of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The firm’s revenue for the quarter was up 19.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.68 earnings per share. As a group, equities research analysts forecast that Amazon.com, Inc. will post 8.05 earnings per share for the current year.
Analysts Set New Price Targets
A number of equities analysts have weighed in on the company. Citigroup reissued a “market outperform” rating on shares of Amazon.com in a research report on Friday, August 14th. KeyCorp raised their price objective on Amazon.com from $335.00 to $350.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. UBS Group set a $318.00 target price on Amazon.com and gave the stock a “buy” rating in a research note on Friday, July 31st. TD Cowen reissued a “buy” rating and set a $350.00 target price (up from $340.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, Pivotal Research restated a “buy” rating and issued a $333.00 price target (up from $320.00) on shares of Amazon.com in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and a consensus price target of $323.26.
View Our Latest Stock Report on AMZN
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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