110,000 Shares in Amazon.com, Inc. $AMZN Purchased by Wishbone Management LP

Key Points

• Wishbone Management LP purchased 110,000 Amazon shares worth approximately $26.2 million in the second quarter, making Amazon its fifth-largest portfolio holding. Institutional investors and hedge funds collectively own 72.2% of Amazon.
• Amazon insiders sold 71,589 shares valued at about $18.6 million over the past 90 days, including sales by CEO Matthew Garman and SVP David Zapolsky under pre-arranged Rule 10b5-1 plans.
• Amazon reported strong quarterly results, with revenue up 19.6% year over year and EPS of $5.75 versus consensus of $1.82. Analysts maintain a Moderate Buy consensus, with an average price target of $321.19.

Wishbone Management LP acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 110,000 shares of the e-commerce giant's stock, valued at approximately $26,217,400. Amazon.com accounts for approximately 0.0% of Wishbone Management LP's portfolio, making the stock its 5th biggest position.

Other large investors have also modified their holdings of the company. Silvant Capital Management LLC acquired a new position in shares of Amazon.com in the 2nd quarter worth approximately $60,065,000. Northstar Financial Companies Inc. acquired a new position in Amazon.com during the 2nd quarter valued at about $3,376,000. Gryphon Financial Partners LLC boosted its stake in Amazon.com by 7.5% in the first quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant's stock valued at $15,221,000 after acquiring an additional 5,125 shares during the last quarter. First Citizens Bank & Trust Co. boosted its position in shares of Amazon.com by 1.7% in the 1st quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant's stock worth $63,285,000 after purchasing an additional 5,104 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new position in shares of Amazon.com during the 2nd quarter worth about $2,261,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Matthew Garman sold 14,541 shares of the firm's stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.06, for a total value of $3,766,991.46. Following the completion of the transaction, the chief executive officer directly owned 17,794 shares of the company's stock, valued at approximately $4,609,713.64. This trade represents a 44.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of Amazon.com 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 completion of the transaction, the senior vice president owned 41,190 shares of the company's stock, valued at approximately $10,699,926.30. This trade represents a 18.35% 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. Over the last ninety days, insiders sold 71,589 shares of company stock valued at $18,568,785. Company insiders own 8.90% of the company's stock.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Amazon announced an additional $1.9 billion investment in its Delivery Service Partner program for 2027. The spending is intended to raise delivery-driver pay, improve safety and expand AI-powered routing and delivery tools. Amazon says serious crashes have declined more than 23%, while Smart Delivery Glasses could help equip more than 20,000 drivers by 2027. Amazon delivery investment announcement
• Positive Sentiment: Amazon’s agreement to purchase up to $8 billion of Generac power equipment supports faster AWS data-center construction, including $2.4 billion of expected orders in 2027–2028. The deal reinforces the investment case for AWS and the broader AI infrastructure buildout. Amazon Generac supply agreement
• Positive Sentiment: UBS reportedly sees roughly 25% potential upside for Amazon, arguing that enterprise AI adoption remains in an early stage and should support demand for cloud services, chips and data-center infrastructure. UBS Amazon upside commentary
• Neutral Sentiment: Amazon blocked Meta’s Muse shopping agent, citing undisclosed access, failure to identify itself and concerns about credentials and platform rules. The move protects Amazon’s control over customer data and marketplace traffic, but highlights growing conflict over who controls agentic shopping. Amazon blocks Meta Muse
• Negative Sentiment: Investors continue to weigh risks from Amazon’s unusually large AI capital-spending program, including potential AWS margin pressure, rising financing needs and slower returns if AI demand does not keep pace. A recent analysis also warned that higher interest rates could weigh on capital-intensive technology stocks. Amazon capital spending analysis

Amazon.com Stock Up 1.9%

Amazon.com stock opened at $258.45 on Tuesday. The stock has a market cap of $2.79 trillion, a PE ratio of 20.79, a price-to-earnings-growth ratio of 1.97 and a beta of 1.44. 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's 50-day simple moving average is $256.32 and its 200 day simple moving average is $246.21. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued 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 business had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. During the same period last year, the company posted $1.68 earnings per share. Amazon.com's quarterly revenue was up 19.6% compared to the same quarter last year. Research analysts predict that Amazon.com, Inc. will post 8.01 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on AMZN. Cantor Fitzgerald restated an "overweight" rating and set a $320.00 target price (down from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Jefferies Financial Group restated a "buy" rating on shares of Amazon.com in a research report on Thursday, June 18th. The Goldman Sachs Group reiterated a "buy" rating and issued a $375.00 target price (up from $335.00) on shares of Amazon.com in a research report on Friday, July 31st. Evercore set a $355.00 price objective on Amazon.com and gave the stock an "outperform" rating in a research report on Friday, August 28th. Finally, Citigroup restated a "market outperform" rating on shares of Amazon.com in a research report on Friday, August 14th. Fifty-six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Amazon.com presently has an average rating of "Moderate Buy" and a consensus target price of $321.19.

Amazon.com Company 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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