Amazon.com, Inc. $AMZN is ANTIPODES PARTNERS Ltd's 6th Largest Position

Key Points

• ANTIPODES PARTNERS Ltd increased its stake in Amazon.com, Inc. by 24.8% in Q1, acquiring an additional 159,655 shares, bringing its total to 802,573 shares valued at approximately $152.7 million.
• Amazon.com recently reported $1.68 earnings per share for the last quarter, surpassing analyst expectations, with revenue reaching $167.7 billion, a year-over-year increase of 13.3%.
• A host of analysts have raised their price targets for Amazon.com, with BMO Capital Markets setting a new target at $280.00 and average price targets hovering around $262.87.

ANTIPODES PARTNERS Ltd lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 24.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 802,573 shares of the e-commerce giant's stock after acquiring an additional 159,655 shares during the quarter. Amazon.com accounts for 4.8% of ANTIPODES PARTNERS Ltd's investment portfolio, making the stock its 6th largest position. ANTIPODES PARTNERS Ltd's holdings in Amazon.com were worth $152,710,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Castlekeep Investment Advisors LLC purchased a new stake in shares of Amazon.com in the 4th quarter valued at $25,000. Prudent Man Investment Management Inc. acquired a new position in Amazon.com in the 4th quarter valued at about $27,000. LSV Asset Management purchased a new stake in Amazon.com during the fourth quarter worth about $35,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the first quarter worth about $36,000. Finally, Inlight Wealth Management LLC purchased a new position in shares of Amazon.com in the first quarter valued at approximately $40,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Sanford C. Bernstein set a $235.00 target price on shares of Amazon.com and gave the stock an "outperform" rating in a research note on Tuesday, July 1st. Wedbush upped their price objective on Amazon.com from $235.00 to $250.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 30th. Needham & Company LLC reiterated a "buy" rating and issued a $265.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Telsey Advisory Group reissued an "outperform" rating and set a $265.00 target price on shares of Amazon.com in a research note on Wednesday, August 13th. Finally, Moffett Nathanson upped their price target on Amazon.com from $250.00 to $253.00 and gave the stock a "buy" rating in a report on Tuesday, June 24th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $262.87.

Amazon.com Stock Performance

Shares of Amazon.com stock traded up $6.89 on Friday, hitting $228.84. The stock had a trading volume of 37,264,095 shares, compared to its average volume of 46,830,960. The company's 50 day moving average price is $222.63 and its 200 day moving average price is $208.07. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The stock has a market cap of $2.44 trillion, a price-to-earnings ratio of 34.88, a P/E/G ratio of 1.54 and a beta of 1.31. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter in the previous year, the company posted $1.26 earnings per share. The company's revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling

In other news, insider Jeffrey P. Bezos sold 2,643,142 shares of the stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $230.43, for a total value of $609,059,211.06. Following the sale, the insider directly owned 883,779,901 shares in the company, valued at $203,649,402,587.43. This represents a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 4,784 shares of the firm's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $232.32, for a total transaction of $1,111,418.88. Following the transaction, the chief executive officer directly owned 510,255 shares of the company's stock, valued at approximately $118,542,441.60. This trade represents a 0.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 25,012,284 shares of company stock valued at $5,656,976,492. Insiders own 9.70% of the company's stock.

Amazon.com 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.