12,182 Shares in Amazon.com, Inc. $AMZN Bought by Oakmont Investment Advisors Inc.

Key Points

• Oakmont Investment Advisors bought 12,182 Amazon shares worth approximately $2.9 million, making Amazon its 10th-largest portfolio position and representing about 2% of its investments.
• Amazon reported strong quarterly results, with revenue up 19.6% year over year and EPS of $5.75 versus the $1.82 consensus estimate. Analysts maintain a “Moderate Buy” consensus with an average price target of $321.63.
• AI and AWS growth remain major bullish catalysts, though investors face risks from heavy AI infrastructure spending, potential regulatory action and profitability concerns. Amazon insiders have sold about $18.3 million in stock over the past 90 days.

Oakmont Investment Advisors Inc. purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 12,182 shares of the e-commerce giant's stock, valued at approximately $2,903,000. Amazon.com comprises about 2.0% of Oakmont Investment Advisors Inc.'s investment portfolio, making the stock its 10th biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Trust Asset Management LLC increased its holdings in Amazon.com by 3.3% during the second quarter. Trust Asset Management LLC now owns 107,563 shares of the e-commerce giant's stock worth $26,000 after buying an additional 3,414 shares during the last quarter. TOP Private Wealth LLC. acquired a new stake in Amazon.com in the second quarter valued at $29,000. Bard Associates Inc. acquired a new stake in Amazon.com in the second quarter valued at $32,000. Longfellow Investment Management Co. LLC bought a new position in shares of Amazon.com in the 2nd quarter valued at about $33,000. Finally, Lifetime Wealth Management P.C. bought a new position in shares of Amazon.com in the 4th quarter valued at about $45,000. Institutional investors own 72.20% of the company's stock.

Trending Headlines about Amazon.com

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

• Positive Sentiment: AWS data-center push received support: Amazon Web Services pledged more than $1 billion over five years for communities hosting its U.S. data centers, including job training, education and infrastructure initiatives. The investment is intended to ease resistance to new facilities and help Amazon secure capacity for AI workloads. Amazon to invest $1 billion over five years in US data center communities
• Positive Sentiment: AI and AWS growth remain the main bullish catalyst: Reports highlighted AWS’s rapid expansion, a more than $1 billion Synopsys agreement supporting custom-chip development, and Anthropic’s expected long-term AWS commitments of roughly $110 billion. Amazon also launched an AI agent that audits customers’ cloud environments, potentially increasing AWS usage while improving customer cost, security and performance management. Amazon Is Both Landlord And Shareholder In Anthropic’s Giant Cloud Bet
• Positive Sentiment: Analyst confidence provided additional support: Goldman Sachs added Amazon to its conviction list, while New Street raised its price target to $385 and maintained a Buy rating. Analysts cited AWS growth, generative AI exposure and potential retail-margin improvement as reasons for longer-term upside. New Street Adjusts Price Target on Amazon.com to $385
• Neutral Sentiment: Amazon is reportedly exploring an $8 billion chip sale-and-leaseback: Moving Nvidia AI chips to an investment vehicle could make the balance sheet more asset-light and help fund capital spending, but it also underscores the scale of Amazon’s AI infrastructure costs and financing requirements. Amazon seeks to offload $8 billion of Nvidia chips
• Negative Sentiment: Investors face profitability and regulatory risks: Analysts questioned how much AWS earnings are distorted by unrealized Anthropic investment gains, while surging AI capital expenditures could pressure free cash flow. Potential tougher EU cloud rules, data-center opposition, warehouse labor actions and Prime-related settlement payments add further uncertainty. What Are Amazon Investors Paying for AWS Without Investment Gains?

Insiders Place Their Bets

In other Amazon.com news, CEO Andrew Jassy sold 20,000 shares of the business's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $5,180,200.00. Following the completion of the sale, the chief executive officer owned 2,235,766 shares of the company's stock, valued at $579,085,751.66. The trade was a 0.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas Herrington sold 1,000 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $254.77, for a total transaction of $254,770.00. Following the transaction, the chief executive officer owned 475,681 shares in the company, valued at approximately $121,189,248.37. The trade was a 0.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 70,589 shares of company stock worth $18,329,015. 8.90% of the stock is currently owned by insiders.

Amazon.com Stock Up 1.3%

AMZN opened at $251.52 on Friday. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. 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 company has a market capitalization of $2.71 trillion, a P/E ratio of 20.23, a P/E/G ratio of 1.95 and a beta of 1.45. The stock has a fifty day moving average of $257.06 and a 200-day moving average of $248.25.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company had revenue of $200.61 billion during the quarter, compared to analysts' expectations of $197.03 billion. During the same quarter in the previous year, the business posted $1.68 earnings per share. Amazon.com's quarterly revenue was up 19.6% on a year-over-year basis. On average, equities analysts expect that Amazon.com, Inc. will post 8.01 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Rosenblatt Securities upped their target price on shares of Amazon.com from $335.00 to $360.00 and gave the company a "buy" rating in a report on Wednesday. Roth Capital reiterated a "buy" rating and set a $325.00 price target on shares of Amazon.com in a report on Monday, August 3rd. Piper Sandler reissued an "overweight" rating and set a $320.00 price target (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. Wells Fargo & Company restated an "overweight" rating and issued a $338.00 price objective (up from $328.00) on shares of Amazon.com in a research note on Thursday, September 3rd. Finally, Needham & Company LLC restated a "buy" rating and issued a $300.00 price objective on shares of Amazon.com in a research note on Friday, July 31st. Fifty-six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Amazon.com has a consensus rating of "Moderate Buy" and an average target price of $321.63.

Amazon.com Profile

Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.

Amazon's major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.

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