681,047 Shares in Amazon.com, Inc. $AMZN Purchased by Patient Capital Management LLC

Key Points

• Patient Capital Management purchased 681,047 Amazon shares worth approximately $162.3 million, making Amazon its fifth-largest holding and 5.3% of its portfolio. Institutional investors collectively own 72.2% of Amazon’s stock.
• Analyst sentiment remains positive, with 56 Buy ratings and three Holds, producing a “Moderate Buy” consensus and an average price target of $321.19. Several firms recently raised their targets, including BMO Capital Markets, Wedbush and Monness Crespi & Hardt.
• Amazon reported strong quarterly results, including $5.75 in EPS and $200.61 billion in revenue, while shares opened at $258.45. Insiders sold 71,589 shares worth approximately $18.6 million over the past three months, and investors continue to monitor the risks of elevated AI-related capital spending.

Patient Capital Management LLC purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 681,047 shares of the e-commerce giant's stock, valued at approximately $162,321,000. Amazon.com makes up 5.3% of Patient Capital Management LLC's investment portfolio, making the stock its 5th biggest holding.

Other large investors have also modified their holdings of the company. Auto Owners Insurance Co boosted its stake 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 buying an additional 98,090,585 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Amazon.com in the second quarter worth approximately $16,341,405,000. Amundi grew its holdings in shares of Amazon.com by 14.1% during the first quarter. Amundi now owns 61,400,503 shares of the e-commerce giant's stock worth $12,787,883,000 after buying an additional 7,590,952 shares in the last quarter. Invesco Ltd. raised its holdings in Amazon.com by 3.3% in the 4th quarter. Invesco Ltd. now owns 59,604,857 shares of the e-commerce giant's stock valued at $13,757,993,000 after acquiring an additional 1,879,630 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Amazon.com by 23.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 39,029,984 shares of the e-commerce giant's stock worth $8,126,338,000 after acquiring an additional 7,305,560 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insiders Place Their Bets

In related news, SVP David Zapolsky sold 9,258 shares of the firm's stock in a transaction that occurred 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 sale, the senior vice president directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,343 shares of the company's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $606,860.43. Following the sale, the vice president owned 119,780 shares of the company's stock, valued at approximately $31,024,217.80. The trade was a 1.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 71,589 shares of company stock valued at $18,568,785. Insiders own 8.90% of the company's stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of several research analyst reports. BMO Capital Markets reaffirmed 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. Wedbush boosted their price target on shares of Amazon.com from $293.00 to $310.00 and gave the stock an "outperform" rating in a report on Friday, July 31st. Wolfe Research reissued an "outperform" rating and set a $315.00 target price on shares of Amazon.com in a research report on Friday, July 31st. Monness Crespi & Hardt upped their price objective on shares of Amazon.com from $315.00 to $330.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Finally, Jefferies Financial Group reaffirmed a "buy" rating on shares of Amazon.com in a report on Thursday, June 18th. Fifty-six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $321.19.

Amazon.com Trading Up 1.9%

Shares of Amazon.com stock opened at $258.45 on Tuesday. 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 $2.79 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 50-day moving average of $256.32 and a two-hundred day moving average of $246.21. The company has a current ratio of 1.03, a quick ratio of 0.87 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, 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 company had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. During the same period in the previous year, the business earned $1.68 earnings per share. Amazon.com's quarterly revenue was up 19.6% compared to the same quarter last year. On average, research analysts anticipate that Amazon.com, Inc. will post 8.01 EPS for the current fiscal year.

More Amazon.com News

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 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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