Amazon.com, Inc. $AMZN Shares Bought by GTS Securities LLC

Key Points

• GTS Securities increased its Amazon stake by 69.6% in the second quarter, acquiring 126,255 additional shares for a total position of 307,627 shares valued at approximately $73.3 million.
• Institutional investors own 72.2% of Amazon, while analysts maintain a broadly positive outlook: 56 rate the stock Buy and three rate it Hold, producing a “Moderate Buy” consensus and an average price target of $321.19.
• Amazon reported quarterly earnings of $5.75 per share and revenue of $200.61 billion, beating estimates, although insiders sold 71,589 shares worth approximately $18.6 million over the past three months.

GTS Securities LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 69.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 307,627 shares of the e-commerce giant's stock after acquiring an additional 126,255 shares during the quarter. Amazon.com accounts for about 1.5% of GTS Securities LLC's holdings, making the stock its 10th largest position. GTS Securities LLC's holdings in Amazon.com were worth $73,320,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Jasper Ridge Partners L.P. increased its holdings in shares of Amazon.com by 47.2% in the 2nd quarter. Jasper Ridge Partners L.P. now owns 72,068 shares of the e-commerce giant's stock valued at $17,177,000 after purchasing an additional 23,120 shares during the period. Private Harbour Investment Management & Counsel LLC boosted its holdings in shares of Amazon.com by 0.4% during the second quarter. Private Harbour Investment Management & Counsel LLC now owns 13,175 shares of the e-commerce giant's stock worth $3,140,000 after purchasing an additional 53 shares during the period. Flputnam Investment Management Co. boosted its holdings in shares of Amazon.com by 10.3% during the second quarter. Flputnam Investment Management Co. now owns 681,131 shares of the e-commerce giant's stock worth $162,341,000 after purchasing an additional 63,851 shares during the period. Cookson Peirce & Co. Inc. grew its position in Amazon.com by 18.3% during the second quarter. Cookson Peirce & Co. Inc. now owns 14,307 shares of the e-commerce giant's stock valued at $3,410,000 after purchasing an additional 2,211 shares in the last quarter. Finally, Nichols & Pratt Advisers LLP MA grew its position in Amazon.com by 1.8% during the second quarter. Nichols & Pratt Advisers LLP MA now owns 210,376 shares of the e-commerce giant's stock valued at $50,141,000 after purchasing an additional 3,712 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on AMZN. Needham & Company LLC reiterated a "buy" rating and issued a $300.00 target price on shares of Amazon.com in a research report on Friday, July 31st. BMO Capital Markets restated an "outperform" rating and set a $360.00 price target (up from $355.00) on shares of Amazon.com in a report on Tuesday, July 28th. Oppenheimer reiterated an "outperform" rating on shares of Amazon.com in a report on Friday, July 31st. HSBC reissued a "buy" rating and set a $310.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. Finally, DA Davidson reaffirmed a "neutral" rating and issued a $250.00 target price on shares of Amazon.com in a research report on Friday, July 31st. Fifty-six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $321.19.

Insiders Place Their Bets

In related news, SVP David Zapolsky sold 9,258 shares of the business's stock in a transaction that occurred 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 completion of the sale, the senior vice president directly owned 41,190 shares in the company, valued at approximately $10,699,926.30. The trade was a 18.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 the company's stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 17,794 shares of the company's stock, valued at $4,609,713.64. The trade was a 44.97% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 71,589 shares of company stock worth $18,568,785 in the last three months. 8.90% of the stock is owned by insiders.

Amazon.com Trading Down 1.4%

Amazon.com stock opened at $246.15 on Tuesday. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $287.20. The company's fifty day moving average price is $256.31 and its two-hundred day moving average price is $247.42. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. The company has a market capitalization of $2.66 trillion, a price-to-earnings ratio of 19.80, a PEG ratio of 1.93 and a beta of 1.44.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping analysts' consensus estimates of $1.82 by $3.93. The company had revenue of $200.61 billion during 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 quarterly revenue was up 19.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.68 earnings per share. On average, analysts forecast that Amazon.com, Inc. will post 8.01 earnings per share for the current fiscal year.

Amazon.com News Summary

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

• Positive Sentiment: Adobe expects U.S. consumers to spend approximately $10 billion during Amazon’s October Prime Day, contributing to a projected record $275 billion U.S. holiday shopping season. Higher online spending could support fourth-quarter sales, although aggressive retailer promotions may pressure margins. Amazon Has a $10 Billion Holiday Catalyst Coming in October
• Positive Sentiment: Analysts and investors continue to point to accelerating AWS growth, a large contracted backlog and rising AI-related cloud demand. Commentary that Amazon’s AI capital expenditures are beginning to generate returns supports the long-term bull case for AWS. I'd Buy Amazon Stock While It Sits 12% Below Its Record
• Positive Sentiment: Amazon is expanding its strategic footprint through robotics in India, low-carbon data-center infrastructure and its Leo satellite network. These initiatives could strengthen logistics, cloud infrastructure and future connectivity businesses, though they require substantial investment.
• Neutral Sentiment: Amazon’s comparison with Alibaba highlights that both companies are making major AI and cloud investments. The key differentiator for investors is whether AWS growth and profitability can justify Amazon’s spending pace.
• Negative Sentiment: Cheaper Anthropic Claude models are raising questions about AWS Bedrock pricing. Lower prices could reduce revenue per AI call, even if they stimulate greater usage and overall cloud consumption. Amazon Stock Falls as Cheaper Claude Tests Bedrock Elasticity
• Negative Sentiment: Senate Democrats are seeking information from Amazon and other technology companies about tax subsidies for AI and data-center development, creating potential regulatory and political uncertainty around future incentives. Sen. Warren Questions AI Tax Subsidies
• Negative Sentiment: A U.K. consumer lawsuit alleging that Apple and Amazon restricted competition in Apple-product sales was allowed to proceed in part, adding to Amazon’s legal and antitrust exposure. Apple and Amazon Face Revived UK Consumer Lawsuit

About Amazon.com

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.

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.