Amazon.com, Inc. $AMZN Shares Sold by Oak Associates Ltd. OH

Oak Associates Ltd. OH reduced its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.8% in the 1st quarter, HoldingsChannel reports. The firm owned 515,806 shares of the e-commerce giant’s stock after selling 9,668 shares during the period. Amazon.com accounts for about 7.2% of Oak Associates Ltd. OH’s investment portfolio, making the stock its largest holding. Oak Associates Ltd. OH’s holdings in Amazon.com were worth $107,427,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AMZN. Greenline Wealth Management LLC grew its stake in Amazon.com by 14.2% during the first quarter. Greenline Wealth Management LLC now owns 9,023 shares of the e-commerce giant’s stock worth $1,879,000 after buying an additional 1,125 shares during the last quarter. Liberty One Investment Management LLC raised its stake in shares of Amazon.com by 37.6% in the first quarter. Liberty One Investment Management LLC now owns 30,160 shares of the e-commerce giant’s stock valued at $6,281,000 after acquiring an additional 8,248 shares during the last quarter. Sellaronda Global Management LP raised its stake in shares of Amazon.com by 30.8% in the first quarter. Sellaronda Global Management LP now owns 85,000 shares of the e-commerce giant’s stock valued at $17,703,000 after acquiring an additional 20,000 shares during the last quarter. Infusive Asset Management Inc. raised its stake in shares of Amazon.com by 11.4% in the first quarter. Infusive Asset Management Inc. now owns 66,267 shares of the e-commerce giant’s stock valued at $13,801,000 after acquiring an additional 6,766 shares during the last quarter. Finally, RMG Wealth Management LLC boosted its holdings in shares of Amazon.com by 2.5% in the 1st quarter. RMG Wealth Management LLC now owns 2,771 shares of the e-commerce giant’s stock worth $577,000 after acquiring an additional 67 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

More Amazon.com News

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

• Positive Sentiment: Strong Q2 results and AWS growth support the bullish case. Amazon reported $200.61 billion in revenue, up 19.6% year over year, and adjusted earnings of $5.75 per share versus the $1.82 consensus estimate. AWS growth, expanding margins and a large backlog reinforced expectations that AI demand is translating into operating gains. Amazon: $3 Trillion Is a Milestone, Not a Ceiling
• Positive Sentiment: Analyst sentiment remains broadly favorable. Zacks upgraded AMZN to “Strong Buy,” while several firms raised price targets following the earnings beat. The consensus target remains well above recent trading levels, although at least one analyst cut the stock to “Moderate Buy,” highlighting valuation-related disagreement. Zacks Amazon Analysis
• Positive Sentiment: Zoox is moving toward commercial operations. Amazon’s autonomous-vehicle unit will begin charging for robotaxi rides in Las Vegas on August 10 after receiving U.S. safety approval, giving investors another potential growth avenue beyond retail, advertising and AWS. Amazon’s Zoox Robotaxi Launch
• Neutral Sentiment: Jeff Bezos’ $4.07 billion share sale was pre-planned. The sale of approximately 15 million shares was arranged about eight months before the latest earnings beat, reducing concerns that it reflects a negative view of Amazon’s business. Nevertheless, the transaction adds near-term share supply after AMZN reached record highs. Bezos Amazon Sale Trading Plan
• Negative Sentiment: AI investment is creating a risk-versus-return debate. Amazon raised its 2026 capital-expenditure outlook above $220 billion, citing higher memory costs and intense AI infrastructure demand. Investors support the growth opportunity but are concerned that spending could pressure free cash flow if cloud monetization slows. Amazon Capital Expenditure Expansion
• Negative Sentiment: Legal and operational pressures remain. An appeals court allowed Perplexity’s AI shopping agents to access Amazon’s platform, potentially challenging Amazon’s control over customer traffic. The company also faces criticism and political pressure involving delivery contractors, e-bike sales and its planned Quebec shutdown.

Insiders Place Their Bets

In related news, SVP David Zapolsky sold 9,270 shares of Amazon.com stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $268.53, for a total value of $2,489,273.10. Following the completion of the sale, the senior vice president directly owned 41,190 shares in the company, valued at $11,060,750.70. This trade represents a 18.37% 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, VP Shelley Reynolds sold 2,363 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $262.38, for a total value of $620,003.94. Following the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at $31,427,876.40. This represents a 1.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 77,867 shares of company stock valued at $20,532,092 over the last 90 days. Corporate insiders own 8.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on AMZN shares. Wells Fargo & Company restated an “overweight” rating and set a $328.00 price target (up from $322.00) on shares of Amazon.com in a research report on Friday, July 31st. Morgan Stanley restated an “overweight” rating and set a $335.00 target price (up from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Pivotal Research restated a “buy” rating and issued a $333.00 target price (up from $320.00) on shares of Amazon.com in a research note on Friday, July 31st. DZ Bank raised their target price on Amazon.com from $295.00 to $320.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Finally, UBS Group set a $318.00 price target on Amazon.com and gave the company a “buy” rating in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $322.56.

Amazon.com Stock Down 0.1%

Shares of AMZN opened at $272.26 on Friday. The firm has a market capitalization of $2.94 trillion, a price-to-earnings ratio of 21.90, a PEG ratio of 1.81 and a beta of 1.45. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. The business’s fifty day moving average price is $246.27 and its two-hundred day moving average price is $237.20. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $287.20.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating the consensus estimate of $1.82 by $3.93. The company had revenue of $200.61 billion during the quarter, compared to analysts’ expectations of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The business’s revenue for the quarter was up 19.6% on a year-over-year basis. During the same period last year, the firm earned $1.68 EPS. On average, analysts predict that Amazon.com, Inc. will post 8.05 earnings per share for the current year.

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.