SPX Gestao de Recursos Ltda Buys New Shares in Amazon.com, Inc. $AMZN

Key Points

• SPX Gestao de Recursos Ltda. opened a new Amazon position by purchasing 60,746 shares valued at approximately $14.5 million, representing about 1.4% of its portfolio. Institutional investors and hedge funds collectively own 72.2% of Amazon.
• Amazon reported strong quarterly results, with earnings of $5.75 per share and revenue of $200.61 billion, up 19.6% year over year and above analyst expectations.
• Analysts remain broadly bullish, with 56 Buy ratings, three Holds, and an average price target of $321.19, though concerns persist over the scale of AI spending, potential overcapacity, and near-term expansion costs.

SPX Gestao de Recursos Ltda purchased a new position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 60,746 shares of the e-commerce giant's stock, valued at approximately $14,478,000. Amazon.com comprises approximately 1.4% of SPX Gestao de Recursos Ltda's portfolio, making the stock its 29th largest position.

Several other hedge funds have also recently added to or reduced their stakes in AMZN. Lombard Odier Asset Management Europe Ltd purchased a new position in Amazon.com in the 2nd quarter valued at $36,190,000. Archer Investment Corp purchased a new stake in shares of Amazon.com during the second quarter worth $4,170,000. Fox Hill Wealth Management acquired a new stake in shares of Amazon.com in the second quarter valued at about $6,875,000. Vermillion & White Wealth Management Group LLC acquired a new stake in shares of Amazon.com in the second quarter valued at about $816,000. Finally, Henson Edgewater Management LLC purchased a new position in Amazon.com in the 2nd quarter worth approximately $10,895,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com News Summary

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

• Positive Sentiment: AWS and AI infrastructure remain the central bullish case. Analysts and commentators argue that Amazon’s roughly $200 billion 2026 capital-expenditure plan reflects substantial demand for AWS computing, custom chips and AI capacity. Amazon is also reportedly preparing to receive approximately $2.4 billion in backup-generator orders from Generac in 2027 and 2028, underscoring the scale of its data-center expansion. Amazon AI capital expenditures article Generac data-center orders article
• Positive Sentiment: Expansion of merchant services could broaden revenue beyond Amazon.com. New tools let sellers manage listings, inventory and orders across channels including Walmart, Shopify, TikTok and eBay. Amazon is also extending Prime delivery and fulfillment services to merchants’ own websites, potentially increasing third-party logistics revenue and seller dependence on its ecosystem. Amazon merchant services article
• Neutral Sentiment: Anthropic remains strategically important, but its infrastructure is becoming more diversified. Anthropic committed about $11.6 billion to an Akamai CPU agreement, which can be viewed as a setback for AWS. However, Amazon retains a major equity stake and an ongoing AWS relationship, limiting the immediate financial impact. Anthropic Akamai agreement article
• Negative Sentiment: Investors remain concerned that AI spending may outpace monetization. Goldman Sachs estimates hyperscalers may need roughly $300 billion in additional AI revenue to justify their investments, while Michael Burry and Jefferies’ Chris Wood have warned of leverage, overcapacity and potential write-offs. Those concerns could pressure AMZN’s valuation despite strong AWS demand. Goldman Sachs AI spending article
• Negative Sentiment: Amazon’s $3 billion India quick-commerce investment adds near-term cost and execution risk while the company attempts to catch rivals with a relatively small market share. The decision to block Meta’s Muse shopping agent also risks diverting AI-driven purchases toward Shopify and other platforms. Amazon India investment article

Amazon.com Stock Up 0.1%

Shares of NASDAQ AMZN opened at $249.67 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The business's 50 day moving average is $256.39 and its two-hundred day moving average is $246.96. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $287.20. The firm has a market cap of $2.69 trillion, a price-to-earnings ratio of 20.09, a PEG ratio of 1.93 and a beta of 1.44.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data 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 analysts' expectations of $197.03 billion. During the same period in the previous year, the firm posted $1.68 earnings per share. The company's revenue was up 19.6% on a year-over-year basis. Research analysts predict that Amazon.com, Inc. will post 8.01 EPS for the current year.

Insider Buying and Selling at Amazon.com

In other news, CEO Douglas Herrington sold 1,000 shares of the stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $254.77, for a total transaction of $254,770.00. Following the sale, the chief executive officer owned 475,681 shares of the company's stock, valued at approximately $121,189,248.37. This represents a 0.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Jassy sold 20,000 shares of the firm's stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the completion of the transaction, the chief executive officer directly owned 2,235,766 shares of the company's stock, valued at approximately $579,085,751.66. The trade was a 0.89% 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 three months, insiders have sold 71,589 shares of company stock valued at $18,568,785. Corporate insiders own 8.90% of the company's stock.

Analyst Upgrades and Downgrades

AMZN has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $325.00 price objective (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. Jefferies Financial Group reiterated a "buy" rating on shares of Amazon.com in a report on Thursday, June 18th. DA Davidson reissued a "neutral" rating and issued a $250.00 price target on shares of Amazon.com in a research note on Friday, July 31st. Cantor Fitzgerald restated an "overweight" rating and set a $320.00 price target (down from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, Roth Capital reaffirmed a "buy" rating and set a $325.00 price target on shares of Amazon.com in a research report on Monday, August 3rd. Fifty-six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Amazon.com has an average rating of "Moderate Buy" and an average target price of $321.19.

Amazon.com Company 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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