Family Manage LLC Acquires 17,646 Shares of Amazon.com, Inc. $AMZN

Key Points

• Family Manage LLC increased its Amazon stake by 37.5% in the first quarter, acquiring 17,646 shares to hold 64,743 shares valued at approximately $13.5 million. Institutional investors collectively own 72.2% of Amazon’s stock.
• Amazon reported stronger-than-expected quarterly results, with earnings of $5.75 per share and revenue of $200.61 billion, up 19.6% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $322.56.
• Amazon’s stock opened at $274.48, near its 52-week high, while insiders continued selling shares under pre-arranged trading plans. AWS and AI demand remain key growth catalysts, although substantial capital spending could pressure cash flow and margins.

Family Manage LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 37.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 64,743 shares of the e-commerce giant's stock after buying an additional 17,646 shares during the quarter. Amazon.com accounts for approximately 1.6% of Family Manage LLC's holdings, making the stock its 15th biggest holding. Family Manage LLC's holdings in Amazon.com were worth $13,484,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMZN. Corsair Capital Management L.P. boosted its position in shares of Amazon.com by 33.3% during the 1st quarter. Corsair Capital Management L.P. now owns 6,001 shares of the e-commerce giant's stock valued at $1,250,000 after acquiring an additional 1,500 shares in the last quarter. Intelligence Driven Advisers LLC increased its stake in Amazon.com by 20.3% in the first quarter. Intelligence Driven Advisers LLC now owns 6,581 shares of the e-commerce giant's stock valued at $1,371,000 after acquiring an additional 1,112 shares during the period. RIHO Partners LLC raised its position in Amazon.com by 5.7% in the first quarter. RIHO Partners LLC now owns 49,371 shares of the e-commerce giant's stock worth $10,282,000 after purchasing an additional 2,650 shares in the last quarter. Gateway Wealth Partners LLC raised its position in Amazon.com by 205.9% in the first quarter. Gateway Wealth Partners LLC now owns 101,990 shares of the e-commerce giant's stock worth $21,242,000 after purchasing an additional 68,644 shares in the last quarter. Finally, Troluce Capital Advisors LLC bought a new position in Amazon.com during the first quarter worth about $20,827,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $274.48 on Monday. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The firm has a 50 day moving average of $246.35 and a 200-day moving average of $237.45. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $2.96 trillion, a P/E ratio of 22.08, a price-to-earnings-growth ratio of 1.83 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released 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. 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 for the quarter, compared to analyst estimates of $197.03 billion. During the same period in the prior year, the company earned $1.68 EPS. Amazon.com's revenue for the quarter was up 19.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. TD Securities upgraded Amazon.com to a "buy" rating in a research note on Monday, April 13th. Mizuho set a $330.00 target price on Amazon.com and gave the stock an "outperform" rating in a research report on Friday, July 31st. Robert W. Baird set a $310.00 price target on Amazon.com and gave the company an "outperform" rating in a research note on Friday, July 31st. Jefferies Financial Group reiterated a "buy" rating on shares of Amazon.com in a research report on Thursday, June 18th. Finally, BMO Capital Markets reiterated an "outperform" rating and set a $360.00 price objective (up from $355.00) on shares of Amazon.com in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Amazon.com currently has a consensus rating of "Moderate Buy" and a consensus target price of $322.56.

Insider Buying and Selling

In other Amazon.com news, CEO Matthew S. Garman sold 15,467 shares of the business's stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $263.40, for a total value of $4,074,007.80. Following the transaction, the chief executive officer owned 14,159 shares of the company's stock, valued at approximately $3,729,480.60. The trade was a 52.21% 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 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 stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $262.38, for a total value of $620,003.94. Following the sale, the vice president owned 119,780 shares in the company, valued at $31,427,876.40. The trade was 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. In the last quarter, insiders have sold 77,867 shares of company stock valued at $20,532,092. Insiders own 8.90% of the company's stock.

Trending Headlines about 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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