Gallo Partners LP Purchases Shares of 4,192 Amazon.com, Inc. $AMZN

Key Points

• Gallo Partners LP purchased 4,192 Amazon shares worth approximately $999,000, making Amazon 2.2% of its portfolio. Hedge funds and institutional investors collectively own 72.2% of the company.
• Analysts remain broadly positive, with 56 Buy ratings and three Holds; Amazon has a consensus “Moderate Buy” rating and an average price target of $321.19.
• Amazon’s latest quarter exceeded expectations, with revenue rising 19.6% year over year to $200.61 billion and EPS of $5.75 versus the $1.82 consensus estimate. Meanwhile, insiders sold 71,589 shares worth $18.6 million over the past 90 days.

Gallo Partners LP bought a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,192 shares of the e-commerce giant's stock, valued at approximately $999,000. Amazon.com makes up 2.2% of Gallo Partners LP's investment portfolio, making the stock its 19th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Silvant Capital Management LLC bought a new stake in Amazon.com during the 2nd quarter valued at approximately $60,065,000. Northstar Financial Companies Inc. bought a new position in Amazon.com in the 2nd quarter worth approximately $3,376,000. Gryphon Financial Partners LLC grew its holdings in Amazon.com by 7.5% during the 1st quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant's stock valued at $15,221,000 after buying an additional 5,125 shares in the last quarter. First Citizens Bank & Trust Co. grew its holdings in Amazon.com by 1.7% during the 1st quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant's stock valued at $63,285,000 after buying an additional 5,104 shares in the last quarter. Finally, GSA Capital Partners LLP bought a new stake in shares of Amazon.com during the second quarter valued at approximately $2,261,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Buying and Selling at Amazon.com

In other news, CEO Douglas J. Herrington sold 6,362 shares of Amazon.com stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $1,647,821.62. Following the transaction, the chief executive officer directly owned 476,681 shares in the company, valued at approximately $123,465,145.81. This trade represents a 1.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Garman sold 14,541 shares of the firm's stock in a transaction dated Friday, August 21st. The shares were 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 in the company, valued at approximately $4,609,713.64. The trade was a 44.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 71,589 shares of company stock worth $18,568,785. 8.90% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Barclays reaffirmed an "overweight" rating and set a $365.00 target price (up from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. BMO Capital Markets reiterated an "outperform" rating and issued a $360.00 price target (up from $355.00) on shares of Amazon.com in a research note on Tuesday, July 28th. Jefferies Financial Group reissued a "buy" rating on shares of Amazon.com in a report on Thursday, June 18th. Telsey Advisory Group set a $335.00 price objective on Amazon.com and gave the company an "outperform" rating in a research report on Friday, July 31st. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $300.00 target price on shares of Amazon.com in a report on Friday, July 31st. Fifty-six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, Amazon.com currently has a consensus rating of "Moderate Buy" and a consensus price target of $321.19.

Amazon.com Price Performance

AMZN opened at $258.45 on Tuesday. The business has a fifty day moving average of $256.32 and a 200 day moving average of $246.21. The stock has a market cap of $2.79 trillion, a P/E ratio of 20.79, a PEG ratio of 1.97 and a beta of 1.44. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $287.20.

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 (EPS) 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 firm had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. During the same quarter in the previous year, the business earned $1.68 earnings per share. Amazon.com's quarterly revenue was up 19.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 8.01 EPS for the current year.

Trending Headlines about Amazon.com

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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