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

Posted by Paula Ricardo on Jul 21st, 2026

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 Stock Up 1.1%

Shares of NASDAQ AMZN opened at $249.99 on Tuesday. The firm has a 50 day moving average price of $250.45 and a 200 day moving average price of $236.08. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18. The stock has a market cap of $2.69 trillion, a P/E ratio of 29.90, a P/E/G ratio of 1.84 and a beta of 1.46. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $278.56.

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AMZN. Brighton Jones LLC raised its position in shares of Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after acquiring an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after purchasing an additional 986 shares during the period. Bank Pictet & Cie Europe AG boosted its position in shares of Amazon.com by 2.8% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after purchasing an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE boosted its position in shares of Amazon.com by 5.5% during the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after purchasing an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC acquired a new stake in Amazon.com during the fourth quarter worth approximately $2,153,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Canaccord Genuity Group lifted their price target on shares of Amazon.com from $300.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Oppenheimer raised their price target on shares of Amazon.com from $275.00 to $320.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Benchmark raised their target price on shares of Amazon.com from $275.00 to $370.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. TD Cowen restated a “buy” rating and set a $340.00 price objective (down from $350.00) on shares of Amazon.com in a research note on Wednesday, July 8th. Finally, Needham & Company LLC lifted their target price on Amazon.com from $265.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and an average price target of $312.76.

Get Our Latest Research Report on AMZN

Amazon.com News Summary

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

Positive Sentiment: Bill Ackman called AMZN a “cheap” stock despite its size, signaling continued confidence from a high-profile investor in Amazon’s long-term compounding potential. Bill Ackman Says META and AMZN Are ‘Cheap Stocks’ Despite Their Massive Size
Positive Sentiment: Multiple articles highlighted Amazon’s AI push and AWS momentum, including reports that AWS backlog remains massive and that analysts raised long-term growth forecasts ahead of earnings, which supports the stock’s growth narrative. What Is Going on With Amazon Stock on Monday?
Positive Sentiment: Commentary also pointed to Amazon’s Trainium chip business and AI infrastructure spending as potentially justified by strong contracted demand, suggesting the company’s heavy capex could pay off over time. Andy Jassy Said Amazon Isn’t Investing $200 Billion in AI “On a Hunch.”
Neutral Sentiment: Several stories were broadly constructive on Amazon as a long-term AI/hyperscaler winner, but they did not add new company-specific catalysts beyond repeating the bullish valuation and growth case. Undervalued and Winning the AI Hyperscaler War: 3 Reasons Amazon is a No-Brainer Right Now
Negative Sentiment: Bearish coverage focused on Amazon’s massive AI capex plans and shrinking free cash flow, arguing investors are increasingly worried the spending boom could pressure near-term returns. Big Tech Is Minting Mountains of Cash — But Amazon’s Is Vanishing
Negative Sentiment: Other articles raised concerns that Amazon may be losing its speed advantage, while a pair of filings showed hedge funds trimming AMZN positions, which can add to cautious trading sentiment. Amazon may be losing its biggest competitive edge

Insiders Place Their Bets

In other news, CEO Matthew S. Garman sold 15,467 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $263.40, for a total transaction of $4,074,007.80. Following the transaction, the chief executive officer directly owned 14,159 shares of the company’s stock, valued at $3,729,480.60. This represents a 52.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $263.42, for a total value of $5,268,400.00. Following the transaction, the chief executive officer directly owned 2,205,766 shares in the company, valued at $581,042,879.72. The trade was a 0.90% decrease in their ownership of the stock. 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. Insiders sold a total of 144,274 shares of company stock valued at $38,716,204 in the last 90 days. Company insiders own 8.90% 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

(Get 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.