ARK Investment Management LLC Has $200.44 Million Stock Position in Amazon.com, Inc. $AMZN

ARK Investment Management LLC lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 17.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,053,516 shares of the e-commerce giant's stock after buying an additional 158,431 shares during the quarter. Amazon.com comprises approximately 2.0% of ARK Investment Management LLC's holdings, making the stock its 14th largest position. ARK Investment Management LLC's holdings in Amazon.com were worth $200,442,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Western Wealth Management LLC lifted its stake in shares of Amazon.com by 0.9% in the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock worth $26,660,000 after buying an additional 1,297 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Amazon.com in the first quarter worth $514,000. Bearing Point Capital LLC acquired a new stake in shares of Amazon.com in the fourth quarter worth $12,014,000. Evergreen Capital Management LLC increased its position in Amazon.com by 0.5% during the fourth quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock worth $53,213,000 after acquiring an additional 1,198 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its position in Amazon.com by 173.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,461,573 shares of the e-commerce giant's stock worth $759,434,000 after acquiring an additional 2,196,353 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Down 0.4%

AMZN opened at $227.94 on Tuesday. The firm's 50-day simple moving average is $222.87 and its 200-day simple moving average is $207.84. 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 twelve month low of $161.38 and a twelve month high of $242.52. The firm has a market cap of $2.43 trillion, a price-to-earnings ratio of 34.75, a PEG ratio of 1.54 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share 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 analyst estimates of $161.80 billion. During the same quarter in the prior year, the firm earned $1.26 EPS. The firm's quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the company's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the sale, the chief financial officer owned 49,000 shares of the company's stock, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. 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 6,835 shares of the company's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.62, for a total transaction of $1,514,772.70. Following the completion of the sale, the chief executive officer directly owned 520,507 shares in the company, valued at approximately $115,354,761.34. The trade was a 1.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,097,911 shares of company stock worth $5,675,986,299 in the last quarter. 10.80% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on AMZN shares. Barclays boosted their target price on shares of Amazon.com from $240.00 to $275.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Benchmark reaffirmed a "buy" rating and set a $260.00 target price on shares of Amazon.com in a research report on Friday, May 2nd. Royal Bank Of Canada boosted their target price on shares of Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Scotiabank boosted their target price on shares of Amazon.com from $250.00 to $275.00 and gave the stock a "sector outperform" rating in a research report on Tuesday, July 22nd. Finally, Citigroup reaffirmed an "overweight" rating 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 assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Amazon.com has an average rating of "Buy" and an average 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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