Alpine Global Management LLC Acquires New Stake in Amazon.com, Inc. $AMZN

Alpine Global Management LLC bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 5,851 shares of the e-commerce giant’s stock, valued at approximately $1,285,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Magnolia Wealth Management LLC purchased a new stake in shares of Amazon.com in the 3rd quarter valued at about $318,000. Maple Capital Management Inc. grew its holdings in shares of Amazon.com by 2.3% during the third quarter. Maple Capital Management Inc. now owns 403,984 shares of the e-commerce giant’s stock worth $88,703,000 after purchasing an additional 8,940 shares in the last quarter. Oarsman Capital Inc. grew its holdings in shares of Amazon.com by 9.6% during the third quarter. Oarsman Capital Inc. now owns 27,702 shares of the e-commerce giant’s stock worth $6,083,000 after purchasing an additional 2,433 shares in the last quarter. TrueWealth Financial Partners increased its position in shares of Amazon.com by 3.7% in the third quarter. TrueWealth Financial Partners now owns 4,374 shares of the e-commerce giant’s stock worth $960,000 after purchasing an additional 157 shares during the last quarter. Finally, Chartist Inc. CA purchased a new stake in Amazon.com in the third quarter valued at approximately $904,000. 72.20% of the stock is currently owned by institutional investors.

Key Amazon.com News

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

• Positive Sentiment: Big long-term upside from AWS: CEO Andy Jassy told staff he expects AI could drive AWS to roughly $600B in annual revenue by 2036 — a reiteration of AWS as the core growth/profit engine. Reuters: AWS $600B
• Positive Sentiment: Analyst support: Wolfe Research recently raised its price target citing stronger AWS AI and data-center demand, which underpins upside for shares. Yahoo Finance: Wolfe Research
• Positive Sentiment: Product and cloud partnerships accelerating AI offerings — AWS announced deals (including a Cerebras collaboration for fast inference) and OpenAI/AWS commercial/government arrangements that expand addressable market for cloud and AI services. InsiderMonkey: Cerebras partnership
  Reuters: OpenAI-AWS gov deal
• Positive Sentiment: Faster delivery push and Prime Day timing: Amazon expanded 1‑hour/3‑hour delivery and reportedly moved Prime Day into June — both moves aim to pull demand forward, boost Q2 revenue and defend share in quick-commerce. Reuters: 1-hour delivery
  MarketBeat: Prime Day shift
• Neutral Sentiment: Capital spending and debt context: Amazon’s large bond sale and planned AI capex have analysts revising hyperscaler debt forecasts higher — supports growth but keeps focus on near-term margin/cash use. Reuters: debt forecasts
• Negative Sentiment: Legal/cloud competition risk: Reports say Microsoft is weighing legal action over a large Amazon–OpenAI cloud arrangement, creating regulatory / contract uncertainty for AWS/OpenAI deals. Reuters: Microsoft legal threat
• Negative Sentiment: Operational & headlines risk from logistics shuffle: Multiple reports that Amazon plans to sharply cut USPS volume (potentially two‑thirds) have pressured the stock amid concerns over transition costs and negative press; CNBC/WSJ coverage also shows negotiation frictions. WSJ: USPS volume cut
  CNBC: USPS talks

Insider Buying and Selling at Amazon.com

In related news, SVP David Zapolsky sold 10,649 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the transaction, the senior vice president directly owned 41,190 shares in the company, valued at $8,461,661.70. This trade represents a 20.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Shelley Reynolds sold 2,695 shares of Amazon.com stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.90, for a total value of $554,900.50. Following the completion of the transaction, the vice president directly owned 119,780 shares in the company, valued at $24,662,702. This trade represents a 2.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 71,686 shares of company stock worth $14,688,739 over the last quarter. Company insiders own 9.70% of the company’s stock.

Amazon.com Stock Performance

Amazon.com stock opened at $209.87 on Thursday. The firm has a fifty day simple moving average of $221.35 and a two-hundred day simple moving average of $226.32. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The company has a market capitalization of $2.25 trillion, a PE ratio of 29.27, a P/E/G ratio of 1.61 and a beta of 1.40.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). The company had revenue of $213.39 billion for the quarter, compared to the consensus estimate of $211.02 billion. Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The firm’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same period last year, the business posted $1.86 earnings per share. Research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Upgrades and Downgrades

AMZN has been the subject of several research analyst reports. Wall Street Zen lowered shares of Amazon.com from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. TD Cowen restated a “buy” rating on shares of Amazon.com in a research report on Friday, February 6th. BNP Paribas Exane started coverage on shares of Amazon.com in a report on Monday, November 24th. They set an “outperform” rating for the company. Benchmark reiterated a “buy” rating on shares of Amazon.com in a research report on Thursday, January 29th. Finally, Zacks Research cut Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. One research analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $286.93.

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.