Amazon.com, Inc. $AMZN Position Increased by Van Diest Capital LLC

Key Points

• Van Diest Capital increased its Amazon stake by 144.2% in the first quarter, acquiring 11,859 additional shares for a total of 20,082 shares valued at $4.18 million. Institutional investors collectively own 72.2% of Amazon.
• Amazon reported strong quarterly results, with revenue rising 19.6% year over year to $200.61 billion and EPS of $5.75, surpassing estimates. Analysts maintain a largely bullish view, with a consensus “Moderate Buy” rating and an average price target of $322.56.
• AWS and AI demand remain key growth drivers, but Amazon’s planned capital spending of roughly $220 billion in 2026 could pressure free cash flow if AI returns take longer to materialize. Recent insider and major shareholder sales may also weigh on investor sentiment.

Van Diest Capital LLC grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 144.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,082 shares of the e-commerce giant's stock after acquiring an additional 11,859 shares during the quarter. Amazon.com comprises 3.3% of Van Diest Capital LLC's investment portfolio, making the stock its 4th largest position. Van Diest Capital LLC's holdings in Amazon.com were worth $4,183,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Bradley Foster & Sargent Inc. CT raised its stake in Amazon.com by 2.0% in the first quarter. Bradley Foster & Sargent Inc. CT now owns 917,235 shares of the e-commerce giant's stock valued at $191,033,000 after purchasing an additional 18,141 shares in the last quarter. Lombard Odier Asset Management Switzerland SA increased its holdings in shares of Amazon.com by 6.8% in the 1st quarter. Lombard Odier Asset Management Switzerland SA now owns 459,654 shares of the e-commerce giant's stock worth $95,732,000 after buying an additional 29,172 shares during the last quarter. Matrix Private Capital Group LLC purchased a new stake in shares of Amazon.com during the 1st quarter valued at $1,498,000. Guardian Point Capital LP lifted its holdings in shares of Amazon.com by 25.0% during the 1st quarter. Guardian Point Capital LP now owns 125,000 shares of the e-commerce giant's stock worth $26,034,000 after acquiring an additional 25,000 shares during the last quarter. Finally, Waverly Advisors LLC lifted its holdings in shares of Amazon.com by 27.6% during the 1st quarter. Waverly Advisors LLC now owns 614,982 shares of the e-commerce giant's stock worth $128,082,000 after acquiring an additional 133,138 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: AWS and AI demand remain the main bullish catalysts. Recent coverage highlights AWS growth of roughly 37%, a reported $496 billion backlog, and sustained demand for AI infrastructure. Amazon has raised its 2026 capital-expenditure outlook to approximately $220 billion and plans to expand data-center capacity, signaling confidence that demand will continue. Amazon: $3 Trillion Is a Milestone, Not a Ceiling
• Positive Sentiment: Recent operating results and analyst views support the stock. Amazon’s latest quarter exceeded consensus estimates, with revenue of $200.61 billion, up 19.6% year over year. Zacks upgraded the shares to “Strong Buy,” while other analysts raised price targets, reinforcing the view that AWS, advertising, and retail improvements can offset higher spending. AI Boom: Top Stocks to Consider for Your Portfolio
• Positive Sentiment: Amazon Pharmacy is expanding its healthcare opportunity. Eligible Medicare Part D patients can access certain GLP-1 weight-loss drugs, including Wegovy and Zepbound, for $50 per month through a federal program. The initiative could increase pharmacy traffic and strengthen Amazon’s position in prescription fulfillment, though near-term financial benefits are uncertain. Amazon Pharmacy Offers Weight-Loss Drugs
• Neutral Sentiment: Amazon’s AI spending is producing both optimism and concern. Bullish investors argue strong AWS demand and committed capacity can justify the investment cycle, while valuation experts warn that hyperscalers may be “overinvesting” before returns are clear. The heavier spending could pressure free cash flow and margins if AI monetization slows. Amazon’s Massive Capex Expansion
• Negative Sentiment: Large shareholder sales are creating supply concerns. Jeff Bezos plans to sell roughly 15 million shares valued near $4 billion, while Amazon CEO Douglas Herrington sold 1,000 shares under a pre-arranged Rule 10b5-1 plan. Berkshire Hathaway also exited its Amazon position in the first quarter. These transactions do not change Amazon’s fundamentals but may weigh on sentiment after the stock’s rally. Bezos Plans to Sell Amazon Stock

Insider Transactions at Amazon.com

In related news, 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 transaction of $620,003.94. Following the transaction, the vice president owned 119,780 shares in the company, valued at $31,427,876.40. The trade was a 1.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,270 shares of the company's stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $268.53, for a total value of $2,489,273.10. Following the transaction, the senior vice president directly owned 41,190 shares of the company's stock, valued at $11,060,750.70. The trade was a 18.37% 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. In the last three months, insiders have sold 77,867 shares of company stock valued at $20,532,092. Company insiders own 8.90% of the company's stock.

Amazon.com Trading Up 0.8%

Shares of AMZN stock opened at $274.48 on Friday. The stock has a market capitalization of $2.96 trillion, a PE ratio of 22.08, a P/E/G ratio of 1.83 and a beta of 1.45. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $287.20. The business has a 50-day moving average of $246.35 and a 200 day moving average of $237.46. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $3.93. The business had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.Amazon.com's revenue for the quarter was up 19.6% compared to the same quarter last year. During the same period last year, the company earned $1.68 EPS. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 8.05 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on AMZN. The Goldman Sachs Group reissued a "buy" rating and issued a $375.00 target price (up from $335.00) on shares of Amazon.com in a research note on Friday, July 31st. Morgan Stanley reiterated an "overweight" rating and set a $335.00 price objective (up from $330.00) on shares of Amazon.com in a research report on Friday, July 31st. Wedbush raised their price objective on Amazon.com from $293.00 to $310.00 and gave the company an "outperform" rating in a report on Friday, July 31st. JPMorgan Chase & Co. boosted their target price on Amazon.com from $330.00 to $365.00 and gave the stock an "overweight" rating in a research report on Friday, July 31st. Finally, Jefferies Financial Group reaffirmed a "buy" rating on shares of Amazon.com in a research note on Thursday, June 18th. 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 data from MarketBeat, Amazon.com has a consensus rating of "Moderate Buy" and an average target price of $322.56.

Amazon.com Company Profile

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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