Strs Ohio Buys New Stake in Amazon.com, Inc. $AMZN

Strs Ohio bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 4,287,744 shares of the e-commerce giant’s stock, valued at approximately $815,786,000. Amazon.com accounts for about 3.4% of Strs Ohio’s portfolio, making the stock its 4th biggest holding.

Several other large investors have also recently added to or reduced their stakes in AMZN. Castlekeep Investment Advisors LLC bought a new position in Amazon.com during the 4th quarter valued at $25,000. Cooksen Wealth LLC bought a new position in Amazon.com during the 1st quarter valued at $36,000. Inlight Wealth Management LLC bought a new position in Amazon.com during the 1st quarter valued at $40,000. Capitol Family Office Inc. bought a new position in Amazon.com during the 1st quarter valued at $42,000. Finally, Harbor Investment Advisory LLC boosted its stake in Amazon.com by 0.7% during the 1st 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 in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the transaction, the chief financial officer owned 49,000 shares in the company, valued at $10,914,260. The trade was a 26.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the transaction, the senior vice president owned 44,110 shares of the company’s stock, valued at $9,825,943.60. This trade represents a 23.53% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. Corporate insiders own 10.80% of the company’s stock.

Wall Street Analyst Weigh In

AMZN has been the subject of several research reports. Zacks Research lowered Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Morgan Stanley reissued an “overweight” rating on shares of Amazon.com in a research note on Wednesday. UBS Group reissued a “buy” rating and set a $271.00 price objective (up from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. Wells Fargo & Company raised their price objective on Amazon.com from $238.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 29th. Finally, Wall Street Zen raised Amazon.com from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $262.87.

Amazon.com Trading Down 0.8%

Shares of NASDAQ:AMZN opened at $228.15 on Monday. The company has a market cap of $2.43 trillion, a P/E ratio of 34.78, a P/E/G ratio of 1.53 and a beta of 1.31. The stock’s 50-day moving average is $226.87 and its 200-day moving average is $208.58. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same period last year, the business earned $1.26 earnings per share. The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Amazon.com Company Profile

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.