Delta Global Management LP Buys 122,150 Shares of Amazon.com, Inc. $AMZN

Key Points

• Delta Global Management LP increased its Amazon position by 168.8% in the first quarter, acquiring 122,150 additional shares for a total holding of 194,523 shares valued at approximately $40.5 million.
• Amazon reported strong quarterly results, with revenue of $200.61 billion, up 19.6% year over year, and earnings of $5.75 per share—well above the $1.82 analyst consensus.
• Wall Street remains broadly bullish, with a “Moderate Buy” consensus and an average price target of $322.56, although substantial AI-related capital spending and insider share sales remain potential concerns.

Delta Global Management LP raised its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 168.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 194,523 shares of the e-commerce giant's stock after acquiring an additional 122,150 shares during the period. Amazon.com makes up 3.3% of Delta Global Management LP's investment portfolio, making the stock its 6th largest holding. Delta Global Management LP's holdings in Amazon.com were worth $40,513,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Gryphon Financial Partners LLC grew its holdings in shares of Amazon.com by 7.5% during the first quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant's stock worth $15,221,000 after buying an additional 5,125 shares in the last quarter. First Citizens Bank & Trust Co. grew its stake in 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 acquiring an additional 5,104 shares during the period. Narwhal Capital Management lifted its stake in shares of Amazon.com by 2.3% during the 4th quarter. Narwhal Capital Management now owns 216,606 shares of the e-commerce giant's stock worth $49,997,000 after purchasing an additional 4,854 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Amazon.com by 21.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 24,653,228 shares of the e-commerce giant's stock worth $5,690,463,000 after purchasing an additional 4,275,942 shares during the last quarter. Finally, Weaver Capital Management LLC increased its stake in Amazon.com by 13.6% in the fourth quarter. Weaver Capital Management LLC now owns 39,264 shares of the e-commerce giant's stock valued at $9,063,000 after purchasing an additional 4,713 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Stock Up 0.8%

Shares of NASDAQ:AMZN opened at $274.48 on Friday. The company has a fifty day simple moving average of $246.35 and a 200 day simple moving average of $237.46. The firm has a market cap of $2.96 trillion, a PE ratio of 22.08, a price-to-earnings-growth ratio of 1.83 and a beta of 1.45. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20. 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 issued its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, beating 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 during the quarter, compared to the consensus estimate of $197.03 billion. During the same period in the previous year, the business earned $1.68 EPS. The business's quarterly revenue was up 19.6% on a year-over-year basis. On average, equities research analysts anticipate that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Andrew R. Jassy sold 20,000 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $263.42, for a total value of $5,268,400.00. Following the completion of the transaction, the chief executive officer owned 2,205,766 shares in the company, valued at $581,042,879.72. This represents a 0.90% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,363 shares of the firm's stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $262.38, for a total transaction of $620,003.94. Following the transaction, the vice president owned 119,780 shares of the company's stock, valued at approximately $31,427,876.40. This trade represents a 1.93% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 77,867 shares of company stock valued at $20,532,092 in the last ninety days. Insiders own 8.90% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. HSBC reaffirmed a "buy" rating and set a $310.00 price objective on shares of Amazon.com in a research note on Friday, July 31st. Raymond James Financial reiterated an "outperform" rating and issued a $390.00 price target (up from $280.00) on shares of Amazon.com in a report on Friday, July 31st. New Street Research upped their price objective on Amazon.com from $280.00 to $350.00 and gave the stock a "buy" rating in a report on Monday, May 4th. Monness Crespi & Hardt increased their target price on Amazon.com from $315.00 to $330.00 and gave the stock a "buy" rating in a research report on Friday, July 31st. Finally, UBS Group set a $318.00 price target on Amazon.com and gave the company a "buy" rating in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Amazon.com currently has a consensus rating of "Moderate Buy" and an average target price of $322.56.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: AWS and AI demand remain the main bullish catalysts. Recent coverage highlights AWS growth of roughly 37%, a reported $496 billion backlog, and sustained demand for AI infrastructure. Amazon has raised its 2026 capital-expenditure outlook to approximately $220 billion and plans to expand data-center capacity, signaling confidence that demand will continue. Amazon: $3 Trillion Is a Milestone, Not a Ceiling
• Positive Sentiment: Recent operating results and analyst views support the stock. Amazon’s latest quarter exceeded consensus estimates, with revenue of $200.61 billion, up 19.6% year over year. Zacks upgraded the shares to “Strong Buy,” while other analysts raised price targets, reinforcing the view that AWS, advertising, and retail improvements can offset higher spending. AI Boom: Top Stocks to Consider for Your Portfolio
• Positive Sentiment: Amazon Pharmacy is expanding its healthcare opportunity. Eligible Medicare Part D patients can access certain GLP-1 weight-loss drugs, including Wegovy and Zepbound, for $50 per month through a federal program. The initiative could increase pharmacy traffic and strengthen Amazon’s position in prescription fulfillment, though near-term financial benefits are uncertain. Amazon Pharmacy Offers Weight-Loss Drugs
• Neutral Sentiment: Amazon’s AI spending is producing both optimism and concern. Bullish investors argue strong AWS demand and committed capacity can justify the investment cycle, while valuation experts warn that hyperscalers may be “overinvesting” before returns are clear. The heavier spending could pressure free cash flow and margins if AI monetization slows. Amazon’s Massive Capex Expansion
• Negative Sentiment: Large shareholder sales are creating supply concerns. Jeff Bezos plans to sell roughly 15 million shares valued near $4 billion, while Amazon CEO Douglas Herrington sold 1,000 shares under a pre-arranged Rule 10b5-1 plan. Berkshire Hathaway also exited its Amazon position in the first quarter. These transactions do not change Amazon’s fundamentals but may weigh on sentiment after the stock’s rally. Bezos Plans to Sell Amazon Stock

About Amazon.com

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.

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.

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