13 Altarock Partners Amazon.com Trades
Altarock Partners acquired 5.2 Million Amazon.com shares worth $1.07 Billion. That's 19.56% of their entire equity portfolio (3rd largest holding). The first Amazon.com trade was made in Q1 2022. Since then Altarock Partners bought shares five more times and sold shares on seven occasions. The stake costed the investor $709 Million, netting the investor a gain of 50% so far.
News about Amazon.com Inc. and Altarock Partners
Amazon: Independent Sellers Gain Sales and Adopt GenAI-Powered Tools
Independent sellers now account for 60% of the sales in Amazon's store, the company said Tuesday (May 20). In 2024, these Amazon Selling Partners averaged ov...
pymnts.com,
12 days
ago
Trade Tracker: Steve Weiss buys Amazon and Nvidia
Steve Weiss, founder and managing partner at Short Hills Capital Partners, joins CNBC's 'Halftime Report' to detail his latest buys.
Amazon Adds FedEx to Delivery Partners as UPS Cuts Back
Amazon will have FedEx deliver large packages to the retailer's customers for the first time in six years. The companies reached a multiyear agreement that r...
pymnts.com,
19 days
ago
Amazon Seals New Partnership With FedEx for Delivering Large Packages
Amazon says the Memphis, Tenn., company will join other third-party partners including United Parcel Service and the U.S. Postal Service that regularly work ...
wsj.com,
19 days
ago