Amazon.com (NASDAQ:AMZN) Shares Sold Rep. Dan Crenshaw

Representative Dan Crenshaw (Republican-Texas) recently sold shares of Amazon.com, Inc. (NASDAQ:AMZN). In a filing disclosed on July 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in Amazon.com stock on June 1st.

Representative Dan Crenshaw also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of United States 3x Oil Fund (NYSEARCA:USOU) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 6/1/2026.

Amazon.com Price Performance

NASDAQ:AMZN traded down $1.30 during mid-day trading on Tuesday, reaching $248.69. 13,132,024 shares of the stock were exchanged, compared to its average volume of 49,440,887. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $278.56. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $2.68 trillion, a PE ratio of 29.74, a PEG ratio of 1.84 and a beta of 1.46. The business has a fifty day moving average price of $250.45 and a 200 day moving average price of $236.08.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $1.15. The business had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The business’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.59 EPS. Research analysts expect that Amazon.com, Inc. will post 7.75 earnings per share for the current fiscal year.

Key Amazon.com News

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

• Positive Sentiment: Analysts and commentators say Amazon’s AI/cloud strategy, including AWS growth and heavy investment in custom chips like Trainium, could strengthen its long-term competitive position versus Microsoft and Nvidia. Amazon vs. Microsoft: Which AI Cloud Titan Is the Better Investment?
• Positive Sentiment: Several bullish pieces argue Amazon remains undervalued relative to its AI buildout, with AWS growth and AI spending viewed as potential catalysts for higher earnings power later this year. Is Amazon.com (AMZN) Undervalued Following Its $200b AI Infrastructure Push?
• Positive Sentiment: Bill Ackman reportedly called Amazon a “cheap” stock despite its size, reinforcing the idea that major investors still see upside in AMZN. Bill Ackman Says META and AMZN Are ‘Cheap Stocks’ Despite Their Massive Size
• Positive Sentiment: Another bullish theme is that Amazon’s AI spending may be setting up a future inflection point in free cash flow and ROI, which investors may be anticipating ahead of the July 30 earnings report. Amazon’s AI Spending Is About to Face Its Most Important AWS Test Yet
• Neutral Sentiment: Jeff Bezos’ old customer-service anecdote and a story about Amazon losing some delivery-speed advantage are more narrative than fundamental, so they are unlikely to move the stock much on their own. Billionaire Jeff Bezos Called Amazon’s Customer Service to Prove a Point But Waited in Silence for More Than 10 Minutes — ‘It Was Really Long’
• Negative Sentiment: Some coverage continues to focus on Amazon’s heavy spending and negative free cash flow, which could keep pressure on the stock if investors become more worried about the cost of its AI race. Big Tech Is Minting Mountains of Cash — But Amazon’s Is Vanishing
• Negative Sentiment: Amazon also appears in stories about broader AI skepticism and big-tech debt concerns, which may weigh on sentiment toward capital-intensive tech names even if AMZN’s fundamentals remain strong. ‘Big Short’ Michael Burry sounds alarm on big tech’s $1.6 trillion hidden debt

Insider Activity at Amazon.com

In related news, CEO Andrew R. Jassy sold 20,000 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $263.42, for a total transaction of $5,268,400.00. Following the completion of the transaction, the chief executive officer directly owned 2,205,766 shares of the company’s stock, valued at approximately $581,042,879.72. This represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,363 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $262.38, for a total value of $620,003.94. Following the completion of the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at approximately $31,427,876.40. The trade was a 1.93% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 144,274 shares of company stock valued at $38,716,204 over the last 90 days. Insiders own 8.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on AMZN shares. Citigroup reissued a “market outperform” rating on shares of Amazon.com in a research note on Wednesday, July 15th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $330.00 target price (up from $280.00) on shares of Amazon.com in a report on Thursday, April 30th. Truist Financial boosted their price target on shares of Amazon.com from $310.00 to $320.00 and gave the company a “buy” rating in a report on Friday, May 29th. Guggenheim restated a “buy” rating and issued a $320.00 price target (up from $300.00) on shares of Amazon.com in a research report on Thursday, April 30th. Finally, Arete Research raised their price objective on shares of Amazon.com from $301.00 to $310.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and an average target price of $312.91.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in shares of Amazon.com by 1.1% in the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after acquiring an additional 8,913,959 shares during the last quarter. State Street Corp increased its position in Amazon.com by 1.8% in the fourth quarter. State Street Corp now owns 388,653,121 shares of the e-commerce giant’s stock worth $89,708,913,000 after purchasing an additional 6,971,680 shares during the period. Geode Capital Management LLC lifted its stake in shares of Amazon.com by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 225,120,994 shares of the e-commerce giant’s stock valued at $51,753,622,000 after purchasing an additional 2,479,324 shares during the period. Norges Bank bought a new position in Amazon.com during the fourth quarter worth about $32,868,735,000. Finally, Auto Owners Insurance Co grew its holdings in Amazon.com by 27,376.7% during the fourth 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 purchasing an additional 98,090,585 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

About Representative Crenshaw

Daniel Crenshaw (Republican Party) is a member of the U.S. House, representing Texas’ 2nd Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Crenshaw (Republican Party) is running for re-election to the U.S. House to represent Texas’ 2nd Congressional District. He declared candidacy for the 2026 election.

Crenshaw defeated Todd Litton (D), Patrick Gunnels (L), and Scott Cubbler (Independent) in the general election on November 6, 2018. He advanced to a Republican primary runoff on May 22, 2018, where he defeated Kevin Roberts. The runoff election was called after no candidate won 50 percent of the vote in the Republican primary on March 6, 2018.

A retired lieutenant commander in the U.S. Navy, Crenshaw served in the Navy SEALs for ten years. Prior to running in 2018, Crenshaw had not previously served in elected office. Crenshaw’s candidacy received media attention, including an appearance on Fox and Friends. U.S. Reps. Pete Sessions (R-Texas), whom he previously worked for as a military legislative assistant, and Scott Taylor (R-Virg.) endorsed Crenshaw’s candidacy.

Crenshaw served as a Navy SEAL from 2006 to 2016. He was deployed to Iraq and Afghanistan and lost his right eye in an IED explosion in Afghanistan. He earned a bachelor’s degree in international affairs from Tufts University and an M.P.A. from Harvard.

About Amazon.com

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.