Trivium Point Advisory LLC Purchases New Holdings in Amazon.com, Inc. $AMZN

Key Points

• Trivium Point Advisory purchased 72,285 Amazon shares worth approximately $17.2 million in the second quarter, making AMZN about 1.6% of its portfolio. Institutional investors collectively own 72.2% of Amazon’s stock.
• Amazon insiders sold shares recently, including CFO Brian Olsavsky’s $1.6 million sale and CEO Andy Jassy’s $5.2 million sale, both conducted under pre-arranged Rule 10b5-1 plans.
• Wall Street remains bullish, with a consensus “Moderate Buy” rating and an average price target of $323.26. Amazon’s latest quarterly results beat expectations, with $5.75 in EPS and $200.61 billion in revenue, up 19.6% year over year.

Trivium Point Advisory LLC purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 72,285 shares of the e-commerce giant's stock, valued at approximately $17,228,000. Amazon.com makes up about 1.6% of Trivium Point Advisory LLC's portfolio, making the stock its 12th largest position.

Other hedge funds also recently modified their holdings of the company. Longfellow Investment Management Co. LLC bought a new position in Amazon.com in the second quarter worth $33,000. MilWealth Group LLC boosted its stake in Amazon.com by 79.0% during the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant's stock worth $41,000 after buying an additional 79 shares in the last quarter. Lifetime Wealth Management P.C. bought a new stake in Amazon.com in the 4th quarter valued at $45,000. Elkhorn Partners Limited Partnership increased its holdings in Amazon.com by 900.0% in the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant's stock valued at $46,000 after buying an additional 180 shares during the period. Finally, Fairway Wealth LLC raised its stake in shares of Amazon.com by 95.6% in the 4th quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant's stock valued at $51,000 after buying an additional 108 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Insider Buying and Selling

In other news, CFO Brian Olsavsky sold 6,172 shares of the business's stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $260.31, for a total value of $1,606,633.32. Following the transaction, the chief financial officer directly owned 109,207 shares of the company's stock, valued at $28,427,674.17. The trade was a 5.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $5,180,200.00. Following the sale, the chief executive officer owned 2,235,766 shares in the company, valued at approximately $579,085,751.66. This trade represents a 0.89% decrease in their ownership of the stock. 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. Insiders have sold a total of 71,589 shares of company stock valued at $18,568,785 in the last ninety days. 8.90% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AMZN. Telsey Advisory Group set a $335.00 price objective on shares of Amazon.com and gave the stock an "outperform" rating in a report on Friday, July 31st. Truist Financial upped their target price on shares of Amazon.com from $320.00 to $350.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Mizuho set a $330.00 price target on shares of Amazon.com and gave the stock an "outperform" rating in a research note on Friday, July 31st. Morgan Stanley reaffirmed an "overweight" rating and set a $335.00 price objective (up from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, Sanford C. Bernstein reiterated an "outperform" rating and issued a $320.00 price objective (up from $315.00) on shares of Amazon.com in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $323.26.

Amazon.com Trading Down 0.2%

Shares of Amazon.com stock opened at $251.89 on Friday. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20. The stock has a market capitalization of $2.72 trillion, a P/E ratio of 20.26, a price-to-earnings-growth ratio of 1.95 and a beta of 1.44. The company has a 50-day simple moving average of $255.28 and a 200 day simple moving average of $244.04. 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 (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, beating analysts' consensus estimates of $1.82 by $3.93. The firm had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company's revenue for the quarter was up 19.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.68 earnings per share. Research analysts expect that Amazon.com, Inc. will post 8.05 earnings per share for the current fiscal year.

More Amazon.com News

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

• Positive Sentiment: Amazon agreed to purchase up to $60 billion of Qualcomm’s custom data-center chips through 2036, diversifying AWS’s AI hardware supply beyond Nvidia and potentially improving infrastructure flexibility. The deal also reinforces expectations for continued AWS expansion. Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
• Positive Sentiment: Amazon is expanding its Quick AI assistant to iPhone and Android, adding a feed that prioritizes email, Slack, calendar and CRM updates. The move strengthens its enterprise AI offering against Microsoft and Google. Amazon expands its Quick AI assistant on mobile
• Positive Sentiment: New Prime Video shopping tools will let viewers discover products through X-Ray features, creating another potential advertising and commerce channel. Amazon is also allowing selected brands to advertise inside ChatGPT through a partnership with OpenAI. Amazon makes it easier to buy what you see on Prime Video
• Positive Sentiment: Amazon plans to invest more than $230 million in Whole Foods employee pay and benefits, while six additional Ariane 6 launches support the company’s Leo satellite-broadband expansion. These investments broaden Amazon’s retail and infrastructure growth opportunities. Amazon's Whole Foods Market Plans Over $230 Million for Worker Pay, Benefits
• Neutral Sentiment: Amazon added cybersecurity executive Kevin Mandia to its board, bringing expertise from Mandiant and Google. The appointment is strategically relevant but unlikely to materially affect near-term earnings. Amazon adds cybersecurity veteran Kevin Mandia to board
• Negative Sentiment: Investors remain concerned about Amazon’s roughly $220 billion in 2026 capital expenditures and its first sterling bond offering to help fund AI infrastructure. Higher interest rates, negative free cash flow and uncertain returns could pressure valuation. Amazon starts selling first sterling bonds
• Negative Sentiment: Potential changes to Ohio data-center tax incentives could raise the cost of Amazon’s planned nearly $40 billion AI buildout. Separately, a lawsuit alleging violations of the Pregnant Workers Fairness Act adds legal and reputational risk. Amazon's $40 billion Ohio AI bet faces a tax shock

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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