Amazon.com, Inc. $AMZN Shares Purchased by BlueSpruce Investments LP

Key Points

• BlueSpruce Investments LP increased its Amazon stake by 35%, buying 742,701 shares to hold 2,862,870 shares worth $628.6 million, making AMZN about 14.4% of its portfolio and its third-largest position.
• Company insiders have been selling recently — a total of 71,686 shares valued at $14.69 million in the last 90 days, including CEO Matthew S. Garman (17,751 shares) and SVP David Zapolsky (10,649) — leaving insiders with roughly 10.8% ownership.
• Wall Street remains broadly constructive with a consensus rating of “Moderate Buy” and a $286.93 average target, while recent positives (an AWS–Cerebras partnership, Prime Video price changes, and a vacated €746M privacy fine) could support the stock.

BlueSpruce Investments LP boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 35.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 2,862,870 shares of the e-commerce giant's stock after buying an additional 742,701 shares during the period. Amazon.com makes up about 14.4% of BlueSpruce Investments LP's investment portfolio, making the stock its 3rd largest position. BlueSpruce Investments LP's holdings in Amazon.com were worth $628,600,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AMZN. IMPACTfolio LLC boosted its holdings in Amazon.com by 3.8% in the 3rd quarter. IMPACTfolio LLC now owns 1,225 shares of the e-commerce giant's stock worth $269,000 after acquiring an additional 45 shares during the period. Cadence Wealth Management LLC raised its stake in shares of Amazon.com by 3.5% during the third quarter. Cadence Wealth Management LLC now owns 1,328 shares of the e-commerce giant's stock valued at $292,000 after purchasing an additional 45 shares during the period. Union Savings Bank raised its stake in shares of Amazon.com by 0.4% during the second quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant's stock valued at $2,510,000 after purchasing an additional 45 shares during the period. Doheny Asset Management CA lifted its position in shares of Amazon.com by 0.3% during the second quarter. Doheny Asset Management CA now owns 17,821 shares of the e-commerce giant's stock worth $3,910,000 after purchasing an additional 45 shares in the last quarter. Finally, Banco de Sabadell S.A lifted its position in shares of Amazon.com by 0.3% during the second quarter. Banco de Sabadell S.A now owns 13,409 shares of the e-commerce giant's stock worth $2,946,000 after purchasing an additional 46 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Matthew S. Garman sold 17,751 shares of the company's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the completion of the transaction, the chief executive officer directly owned 9,405 shares of the company's stock, valued at approximately $1,930,094.10. This represents a 65.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP David Zapolsky sold 10,649 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total value of $2,187,624.07. Following the sale, the senior vice president owned 41,190 shares in the company, valued at $8,461,661.70. The trade was a 20.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 71,686 shares of company stock valued at $14,688,739 over the last 90 days. 10.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on AMZN. Stifel Nicolaus set a $300.00 price target on shares of Amazon.com and gave the company a "buy" rating in a report on Tuesday, January 27th. Benchmark reissued a "buy" rating on shares of Amazon.com in a research report on Thursday, January 29th. BNP Paribas Exane initiated coverage on Amazon.com in a research note on Monday, November 24th. They set an "outperform" rating for the company. Jefferies Financial Group restated a "buy" rating on shares of Amazon.com in a research note on Monday, February 2nd. Finally, Bank of America cut their price target on Amazon.com from $303.00 to $286.00 and set a "buy" rating on the stock in a research note on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $286.93.

Amazon.com Trading Down 0.9%

Amazon.com stock opened at $207.67 on Monday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The firm's 50-day moving average is $222.93 and its 200-day moving average is $226.67. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. The company has a market cap of $2.23 trillion, a P/E ratio of 28.96, a PEG ratio of 1.56 and a beta of 1.40.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing analysts' consensus estimates of $1.97 by ($0.02). The business had revenue of $213.39 billion for the quarter, compared to the consensus estimate of $211.02 billion. Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. Amazon.com's quarterly revenue was up 13.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.86 EPS. On average, equities analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Amazon.com News Summary

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

• Positive Sentiment: AWS partners with Cerebras to speed AI inference, which could improve Bedrock performance, lower customer costs and help AWS compete vs. Nvidia — a potential long‑term revenue/margin positive for Amazon’s cloud business. Cerebras Systems, Amazon strike deal to offer Cerebras AI chips on Amazon's cloud
• Positive Sentiment: Amazon splits out a paid "Ultra" Prime Video tier and hikes the ad‑free price — a direct, near‑term revenue boost from higher subscription ARPU that supports monetization of Prime streaming. Amazon to hike price of ad-free Prime Video tier by $2 a month
• Positive Sentiment: Luxembourg court vacated a record €746M privacy fine and ordered a reassessment, removing a large regulatory overhang for Amazon in Europe. Win for Amazon as Luxembourg court scraps record $854 million privacy fine
• Positive Sentiment: Wall Street remains constructive: analysts have reiterated buys and some raised price targets (e.g., Wolfe/Evercore), which can support the stock amid the pullback narrative. Amazon Is Rising While the Market Falls—Here’s Why
• Neutral Sentiment: Amazon is reportedly moving Prime Day earlier to late June — timing and promotional cadence can affect quarterly sales mix but is not a clear positive/negative until details and vendor economics are known. Amazon plans to move Prime Day event to June from July, Bloomberg News reports
• Negative Sentiment: Amazon closed a massive multi‑tranche corporate debt offering to fund its AI/capex push — strong demand reported ~4: 1 bids eases short‑term funding risk but the large debt target and $200B+ capex plan keep investor concerns about near‑term returns and balance‑sheet risk elevated. Amazon Completes Massive Multi-Tranche Corporate Debt Offering
• Negative Sentiment: Legal/tax risk persists: Milan prosecutors have sought trial for Amazon's European unit and four execs over alleged €1.2B tax evasion — an ongoing legal exposure that could concern investors. Exclusive: Italian prosecutors seek trial for Amazon, four execs over alleged $1.4 bln tax evasion

Amazon.com Company Profile

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon's online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

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.