5,000 Shares of Amazon.com, Inc. $AMZN Bought by One68 Global Capital LLC

Key Points

• One68 Global Capital LLC acquired 5,000 Amazon shares worth approximately $1.19 million in the second quarter, making AMZN about 2.5% of its portfolio and its seventh-largest position.
• Institutional investors own 72.2% of Amazon, while company insiders sold 71,589 shares worth $18.6 million over the past 90 days, including sales by CEOs Matthew Garman and Andy Jassy under pre-arranged trading plans.
• Analysts remain broadly bullish, with a “Moderate Buy” consensus and a $321.19 average price target. Amazon’s latest quarter exceeded earnings and revenue estimates, though investors continue to weigh heavy AI infrastructure spending against monetization and execution risks.

One68 Global Capital LLC acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 5,000 shares of the e-commerce giant's stock, valued at approximately $1,192,000. Amazon.com accounts for approximately 2.5% of One68 Global Capital LLC's investment portfolio, making the stock its 7th largest position.

Several other institutional investors have also recently added to or reduced their stakes in AMZN. Auto Owners Insurance Co boosted its holdings in Amazon.com by 27,376.7% during the 4th quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant's stock valued at $2,272,397,000 after acquiring an additional 98,090,585 shares during the period. Bank of America Corp DE purchased a new stake in Amazon.com during the second quarter worth about $22,218,775,000. Bank of New York Mellon Corp purchased a new stake in Amazon.com during the second quarter worth about $16,341,405,000. Legal & General Group Plc acquired a new stake in shares of Amazon.com during the second quarter worth about $12,831,376,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Amazon.com during the second quarter worth about $6,631,466,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Buying and Selling

In other news, CEO Matthew Garman sold 14,541 shares of Amazon.com stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the completion of the transaction, the chief executive officer owned 17,794 shares of the company's stock, valued at $4,609,713.64. The trade was a 44.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 20,000 shares of the business's stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the completion of the sale, the chief executive officer owned 2,235,766 shares in the company, valued at $579,085,751.66. This represents a 0.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 71,589 shares of company stock valued at $18,568,785 in the last 90 days. 8.90% of the stock is owned by corporate insiders.

More Amazon.com News

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

• Positive Sentiment: AWS and AI infrastructure remain the central bullish case. Analysts and commentators argue that Amazon’s roughly $200 billion 2026 capital-expenditure plan reflects substantial demand for AWS computing, custom chips and AI capacity. Amazon is also reportedly preparing to receive approximately $2.4 billion in backup-generator orders from Generac in 2027 and 2028, underscoring the scale of its data-center expansion. Amazon AI capital expenditures article Generac data-center orders article
• Positive Sentiment: Expansion of merchant services could broaden revenue beyond Amazon.com. New tools let sellers manage listings, inventory and orders across channels including Walmart, Shopify, TikTok and eBay. Amazon is also extending Prime delivery and fulfillment services to merchants’ own websites, potentially increasing third-party logistics revenue and seller dependence on its ecosystem. Amazon merchant services article
• Neutral Sentiment: Anthropic remains strategically important, but its infrastructure is becoming more diversified. Anthropic committed about $11.6 billion to an Akamai CPU agreement, which can be viewed as a setback for AWS. However, Amazon retains a major equity stake and an ongoing AWS relationship, limiting the immediate financial impact. Anthropic Akamai agreement article
• Negative Sentiment: Investors remain concerned that AI spending may outpace monetization. Goldman Sachs estimates hyperscalers may need roughly $300 billion in additional AI revenue to justify their investments, while Michael Burry and Jefferies’ Chris Wood have warned of leverage, overcapacity and potential write-offs. Those concerns could pressure AMZN’s valuation despite strong AWS demand. Goldman Sachs AI spending article
• Negative Sentiment: Amazon’s $3 billion India quick-commerce investment adds near-term cost and execution risk while the company attempts to catch rivals with a relatively small market share. The decision to block Meta’s Muse shopping agent also risks diverting AI-driven purchases toward Shopify and other platforms. Amazon India investment article

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on AMZN. Rosenblatt Securities began coverage on shares of Amazon.com in a report on Thursday, August 20th. They issued a "buy" rating and a $335.00 price objective for the company. Raymond James Financial reissued an "outperform" rating and issued a $390.00 price target (up from $280.00) on shares of Amazon.com in a research report on Friday, July 31st. Bank of America boosted their price target on shares of Amazon.com from $310.00 to $320.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $320.00 price objective (down from $330.00) on shares of Amazon.com in a research report on Friday, July 31st. Finally, Truist Financial increased their price objective on Amazon.com from $320.00 to $350.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Fifty-six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $321.19.

Amazon.com Stock Up 0.1%

AMZN stock opened at $249.67 on Friday. The stock has a market capitalization of $2.69 trillion, a PE ratio of 20.09, a price-to-earnings-growth ratio of 1.93 and a beta of 1.44. The company has a fifty day moving average of $256.39 and a 200-day moving average of $246.96. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $287.20.

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

About Amazon.com

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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