Strs Ohio Makes New Investment in Amazon.com, Inc. $AMZN

Key Points

• Strs Ohio acquired a new stake in Amazon.com, purchasing 4,287,744 shares valued at approximately $815.8 million, making it the firm's 4th largest holding at 3.4% of its portfolio.
• Insider trading revealed that CFO Brian T. Olsavsky sold 17,750 shares, a reduction of 26.59% in his position, while SVP David Zapolsky also sold shares, indicating notable insider activity.
• Analysts have mixed views on Amazon, with Zacks lowering its rating from "strong-buy" to "hold", while Morgan Stanley and UBS continue to maintain positive outlooks with price targets up to $271.

Strs Ohio bought a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 4,287,744 shares of the e-commerce giant's stock, valued at approximately $815,786,000. Amazon.com comprises approximately 3.4% of Strs Ohio's portfolio, making the stock its 4th largest holding.

Other large investors also recently made changes to their positions in the company. Castlekeep Investment Advisors LLC bought a new position in Amazon.com during the fourth quarter worth about $25,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com in the 1st quarter valued at approximately $36,000. Inlight Wealth Management LLC bought a new position in Amazon.com during the 1st quarter worth approximately $40,000. Capitol Family Office Inc. bought a new position in Amazon.com during the 1st quarter worth approximately $42,000. Finally, Harbor Investment Advisory LLC grew its holdings in Amazon.com by 0.7% during the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant's stock valued at $58,000 after purchasing an additional 2,145 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Up 1.4%

NASDAQ:AMZN traded up $3.28 during trading hours on Monday, reaching $231.43. 33,192,787 shares of the stock were exchanged, compared to its average volume of 32,656,170. The stock has a market cap of $2.47 trillion, a PE ratio of 35.28, a PEG ratio of 1.53 and a beta of 1.31. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The firm has a 50 day moving average of $227.03 and a 200 day moving average of $208.71. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. The business had revenue of $167.70 billion during the quarter, compared to analysts' expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm's revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on AMZN shares. The Goldman Sachs Group reissued a "buy" rating on shares of Amazon.com in a research report on Friday, August 1st. Moffett Nathanson raised their price objective on Amazon.com from $250.00 to $253.00 and gave the stock a "buy" rating in a research note on Tuesday, June 24th. Wall Street Zen raised Amazon.com from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Wells Fargo & Company raised their price target on Amazon.com from $238.00 to $245.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 29th. Finally, Robert W. Baird lifted their price objective on Amazon.com from $220.00 to $244.00 and gave the company an "outperform" rating in a report on Monday, July 21st. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, Amazon.com currently has an average rating of "Buy" and a consensus price target of $262.87.

Insider Buying and Selling at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the sale, the insider owned 897,722,088 shares of the company's stock, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. 10.80% of the stock is owned by company insiders.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.