Amazon.com, Inc. $AMZN is Absolute Gestao de Investimentos Ltda.'s 9th Largest Position

Key Points

• Absolute Gestao de Investimentos Ltda. has significantly increased its investment in Amazon.com, raising its holdings by 590.0% to become the 9th largest position in its portfolio worth over $6 million.
• Several large investors have also boosted their stakes in Amazon, indicating strong institutional interest in the stock, with hedge funds and institutions owning 72.20% of AMZN shares.
• Amazon reported better-than-expected quarterly earnings with an EPS of $1.68, surpassing estimates, and recorded a 13.3% year-over-year revenue growth, indicating solid financial performance.

Absolute Gestao de Investimentos Ltda. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 590.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 32,298 shares of the e-commerce giant's stock after purchasing an additional 27,617 shares during the period. Amazon.com makes up 2.6% of Absolute Gestao de Investimentos Ltda.'s portfolio, making the stock its 9th largest holding. Absolute Gestao de Investimentos Ltda.'s holdings in Amazon.com were worth $6,145,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in AMZN. Brighton Jones LLC boosted its position in 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 valued at $885,478,000 after buying an additional 397,007 shares during the period. Revolve Wealth Partners LLC boosted its position in 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 buying an additional 986 shares during the period. Bank Pictet & Cie Europe AG boosted its position in Amazon.com by 2.8% in 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 buying an additional 54,987 shares during the period. Highview Capital Management LLC DE boosted its position in Amazon.com by 5.5% in 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 buying an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC purchased a new stake in Amazon.com in the 4th quarter valued at about $2,153,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Trading Down 3.3%

NASDAQ AMZN opened at $230.33 on Thursday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm has a market cap of $2.46 trillion, a PE ratio of 35.11, a price-to-earnings-growth ratio of 1.60 and a beta of 1.30. The company has a 50 day moving average price of $226.63 and a 200 day moving average price of $208.40. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com's revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business's stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the completion of the transaction, the insider owned 897,722,088 shares in the company, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In the last three months, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. Insiders own 9.70% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on AMZN. Jefferies Financial Group boosted their price objective on shares of Amazon.com from $255.00 to $265.00 in a research report on Wednesday, July 16th. Pivotal Research boosted their price target on shares of Amazon.com from $260.00 to $285.00 and gave the company a "buy" rating in a report on Friday, August 1st. Royal Bank Of Canada boosted their price target on shares of Amazon.com from $230.00 to $240.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Barclays boosted their price target on shares of Amazon.com from $240.00 to $275.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Finally, Monness Crespi & Hardt boosted their price target on shares of Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $262.87.

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.

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