2,171 Amazon.com, Inc. $AMZN Shares Purchased by Wellington Grp LLC

Key Points

• Wellington Group increased its Amazon position by 13.7% in the second quarter, purchasing 2,171 shares for a total holding of 17,977 shares valued at approximately $4.29 million. Institutional investors own 72.2% of Amazon’s stock.
• Amazon reported strong quarterly results, with revenue rising 19.6% year over year to $200.61 billion and EPS of $5.75, well above analyst estimates. Analysts maintain a broadly positive outlook, with a consensus “Moderate Buy” rating and an average price target of $322.86.
• Amazon’s growth prospects are supported by Prime promotions and continued AWS and AI investment, but concerns remain over substantial data-center spending, execution risks, and recent insider stock sales conducted under pre-arranged trading plans.

Wellington Grp LLC lifted its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 13.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 17,977 shares of the e-commerce giant's stock after purchasing an additional 2,171 shares during the period. Amazon.com comprises approximately 1.1% of Wellington Grp LLC's portfolio, making the stock its 20th biggest holding. Wellington Grp LLC's holdings in Amazon.com were worth $4,285,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Silvant Capital Management LLC bought a new stake in shares of Amazon.com in the 2nd quarter worth approximately $60,065,000. Public Employees Retirement System of Ohio bought a new position in shares of Amazon.com during the second quarter valued at approximately $909,868,000. Northstar Financial Companies Inc. purchased a new stake in Amazon.com in the second quarter worth $3,376,000. Gryphon Financial Partners LLC lifted 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 worth $15,221,000 after acquiring an additional 5,125 shares during the period. Finally, First Citizens Bank & Trust Co. boosted its holdings in Amazon.com by 1.7% in the first quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant's stock valued at $63,285,000 after acquiring an additional 5,104 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Amazon’s Prime Big Deal Days launched with discounts on electronics and other products, providing a near-term test of consumer demand and a potential boost to fourth-quarter retail revenue. Amazon Prime Big Deal Days
• Positive Sentiment: TD Cowen reaffirmed a Buy rating and set a $350 price target. Other coverage highlighted AMZN’s valuation near 20 times earnings as historically low for the company, supporting the view that AI and AWS growth may not be fully reflected in the stock. TD Cowen Amazon Rating
• Positive Sentiment: Prime Video secured a six-year agreement to stream the Emmy Awards beginning in 2027. The deal strengthens Amazon’s streaming content portfolio and could support Prime engagement, although its direct financial impact is likely modest. Amazon Emmy Awards Deal
• Positive Sentiment: Amazon is reportedly exploring an $8 billion Nvidia-chip financing structure, while continuing investments in custom chips, nuclear power and data centers. These moves could improve capital flexibility and expand AWS’s AI capacity as demand remains strong. Amazon Nvidia Chip Financing
• Neutral Sentiment: A senior Amazon finance executive, James Dibbo, is leaving to become Pinterest’s CFO. The departure may be viewed as a modest talent loss, but he represented only one executive within Amazon’s broad finance organization. Pinterest Hires Amazon Executive
• Negative Sentiment: Investors remain concerned that roughly $200 billion in annual AI and data-center spending could pressure free cash flow before new capacity generates revenue. Power constraints, community opposition and uncertain returns increase execution risk. Amazon Data Center Spending Risks
• Negative Sentiment: CEO Douglas Herrington sold 1,000 shares under a pre-arranged Rule 10b5-1 plan. The transaction reduced his holdings by only 0.21% and is unlikely to materially affect the investment case, but may create minor headline pressure. SEC Insider Sale Filing

Insiders Place Their Bets

In other news, SVP David Zapolsky sold 9,258 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $259.77, for a total value of $2,404,950.66. Following the sale, the senior vice president directly owned 41,190 shares of the company's stock, valued at approximately $10,699,926.30. This represents a 18.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of Amazon.com stock in a transaction dated Friday, August 21st. The stock was 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 represents a 44.97% decrease in their position. 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 ninety days, insiders sold 71,589 shares of company stock valued at $18,580,515. Company insiders own 8.90% of the company's stock.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $256.29 on Wednesday. The company has a 50 day simple moving average of $257.97 and a two-hundred day simple moving average of $249.09. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. The company has a market capitalization of $2.76 trillion, a price-to-earnings ratio of 20.62, a P/E/G ratio of 1.94 and a beta of 1.45. 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 (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. The firm had revenue of $200.61 billion for the quarter, compared to analysts' expectations of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The business's revenue for the quarter was up 19.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.68 EPS. Analysts expect that Amazon.com, Inc. will post 8.03 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Weiss Ratings restated a "buy (b)" rating on shares of Amazon.com in a report on Monday, August 3rd. Morgan Stanley reissued an "overweight" rating and issued a $335.00 price target (up from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. Roth Capital restated a "buy" rating and issued a $325.00 price objective on shares of Amazon.com in a report on Monday, August 3rd. 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 report on Friday, July 31st. Finally, Phillip Securities cut Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research note on Monday, August 3rd. Fifty-six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Amazon.com currently has a consensus rating of "Moderate Buy" and an average target price of $322.86.

Amazon.com Company Profile

Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.

Amazon's major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.

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