PKO Investment Management Joint Stock Co Lowers Holdings in Amazon.com, Inc. $AMZN

Posted by Brian Himes on Jun 27th, 2026

PKO Investment Management Joint Stock Co lowered its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 14.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 146,000 shares of the e-commerce giant’s stock after selling 24,000 shares during the quarter. Amazon.com makes up approximately 2.6% of PKO Investment Management Joint Stock Co’s holdings, making the stock its 7th biggest holding. PKO Investment Management Joint Stock Co’s holdings in Amazon.com were worth $30,407,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Amazon.com in the fourth quarter valued at approximately $32,868,735,000. Auto Owners Insurance Co grew its position 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 worth $2,272,397,000 after acquiring an additional 98,090,585 shares during the last quarter. J. Stern & Co. LLP grew its position in Amazon.com by 20,598.0% during the 4th quarter. J. Stern & Co. LLP now owns 87,982,814 shares of the e-commerce giant’s stock worth $20,308,193,000 after acquiring an additional 87,557,736 shares during the last quarter. Nuveen LLC acquired a new stake in Amazon.com during the 1st quarter valued at $11,674,091,000. Finally, Cardano Risk Management B.V. increased its holdings in Amazon.com by 879.4% during the 4th quarter. Cardano Risk Management B.V. now owns 27,862,400 shares of the e-commerce giant’s stock valued at $6,431,199,000 after purchasing an additional 25,017,588 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 15,467 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $263.40, for a total value of $4,074,007.80. Following the transaction, the chief executive officer directly owned 14,159 shares of the company’s stock, valued at approximately $3,729,480.60. This trade represents a 52.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,270 shares of Amazon.com stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $268.53, for a total transaction of $2,489,273.10. Following the sale, the senior vice president directly owned 41,190 shares of the company’s stock, valued at $11,060,750.70. This represents a 18.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 195,774 shares of company stock valued at $51,614,434. 8.90% of the stock is currently owned by corporate insiders.

Amazon.com News Summary

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

Positive Sentiment: Amazon Web Services raised prices on certain AI GPU and capacity-block offerings, which suggests strong demand and improved pricing power for its cloud business. Article Title
Positive Sentiment: Amazon said it will invest an additional $13 billion in India through 2030 to expand AI and cloud infrastructure, reinforcing long-term growth ambitions in a key market. Article Title
Positive Sentiment: Prime Day appears to be generating strong demand, with reports pointing to record sales expectations and early momentum from AI-driven shopping activity. Article Title
Positive Sentiment: Several analysts reiterated bullish views, including Wells Fargo and BMO Capital, signaling continued confidence in Amazon’s cloud, advertising, and AI-driven earnings power. Article Title
Neutral Sentiment: Media coverage also highlighted Amazon as a stock that hedge funds and prominent investors continue to own heavily, but these are not immediate fundamental catalysts. Article Title
Negative Sentiment: Some articles pointed to ongoing concerns about Amazon’s heavy capex, insider selling, and the stock breaking below key technical levels, which may be limiting gains. Article Title
Negative Sentiment: Separately, EU regulators said Amazon’s cloud business may face stricter competition rules, adding a potential overhang for AWS. Article Title

Amazon.com Price Performance

Shares of AMZN stock opened at $232.69 on Friday. The firm has a market cap of $2.50 trillion, a price-to-earnings ratio of 27.83, a PEG ratio of 1.70 and a beta of 1.44. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $278.56. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27. The stock has a 50-day moving average price of $255.53 and a 200 day moving average price of $234.13.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $1.15. The company 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 company’s revenue was up 16.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.59 EPS. Research analysts expect that Amazon.com, Inc. will post 7.71 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Citigroup reissued a “market outperform” rating on shares of Amazon.com in a research note on Monday, June 1st. DZ Bank raised their target price on Amazon.com from $295.00 to $320.00 and gave the company a “buy” rating in a research note on Monday, May 4th. BMO Capital Markets upped their price target on shares of Amazon.com from $310.00 to $315.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Monness Crespi & Hardt increased their price objective on shares of Amazon.com from $280.00 to $315.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Amazon.com from $290.00 to $315.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $312.78.

Read Our Latest Research Report on Amazon.com

Amazon.com Company Profile

(Free Report)

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.