Ruffer LLP Purchases 437,795 Shares of Amazon.com, Inc. $AMZN

Key Points

• Ruffer LLP increased its stake in Amazon.com by 50.4% in Q1, holding 1,305,979 shares valued at approximately $248.48 million, making it the firm's second-largest holding.
• Wall Street analysts remain bullish, with two analysts issuing a Strong Buy rating and an average target price of $262.87 for Amazon's stock.
• Recently, Amazon’s CFO and SVP sold shares, with insiders having disposed of a total of 25 million shares worth $5.68 billion in the last quarter.

Ruffer LLP lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 50.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,305,979 shares of the e-commerce giant's stock after buying an additional 437,795 shares during the period. Amazon.com makes up about 9.6% of Ruffer LLP's holdings, making the stock its 2nd biggest holding. Ruffer LLP's holdings in Amazon.com were worth $248,475,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in AMZN. Castlekeep Investment Advisors LLC acquired a new stake in shares of Amazon.com during the 4th quarter worth $25,000. LSV Asset Management purchased a new stake in Amazon.com during the 4th quarter worth $35,000. Cooksen Wealth LLC purchased a new stake in Amazon.com during the 1st quarter worth $36,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com during the 1st quarter worth $40,000. Finally, Capitol Family Office Inc. purchased a new stake in Amazon.com during the 1st quarter worth $42,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Down 1.4%

Shares of AMZN stock traded down $3.35 during trading hours on Friday, hitting $232.33. 36,684,807 shares of the company were exchanged, compared to its average volume of 32,905,296. 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, Inc. has a one year low of $161.38 and a one year high of $242.52. The business's 50-day simple moving average is $225.74 and its two-hundred day simple moving average is $208.00. The stock has a market capitalization of $2.48 trillion, a price-to-earnings ratio of 35.42, a P/E/G ratio of 1.56 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results 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. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. During the same quarter last year, the company posted $1.26 earnings per share. The company's quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction dated 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 transaction, the insider owned 897,722,088 shares of the company's stock, valued at approximately $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 25,097,911 shares of company stock worth $5,676,032,574 over the last quarter. Company insiders own 9.70% of the company's stock.

Analyst Ratings Changes

A number of analysts recently weighed in on AMZN shares. Deutsche Bank Aktiengesellschaft upped their price target on shares of Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. Jefferies Financial Group upped their price target on shares of Amazon.com from $255.00 to $265.00 in a research report on Wednesday, July 16th. Morgan Stanley reaffirmed an "overweight" rating and set a $300.00 price target on shares of Amazon.com in a research report on Thursday, August 14th. Westpark Capital reaffirmed a "buy" rating and set a $280.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Finally, Evercore ISI reissued an "outperform" rating and issued a $280.00 price objective on shares of Amazon.com in a research report on Wednesday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, Amazon.com presently has a consensus rating of "Buy" and an average target price of $262.87.

About Amazon.com

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.