Capricorn Fund Managers Ltd Makes New $10.02 Million Investment in Amazon.com, Inc. $AMZN

Key Points

• Capricorn Fund Managers Ltd invested approximately $10.02 million to acquire 45,653 shares of Amazon.com, making it the fund's 3rd largest position.
• Amazon's stock has received multiple positive upgrades from analysts, with target prices raised by firms like DA Davidson and JPMorgan Chase to between $244.00 and $300.00 per share.
• The company's recent quarterly earnings showed a revenue increase of 13.3% year-over-year, reporting $167.70 billion and an EPS of $1.68, exceeding expectations.

Capricorn Fund Managers Ltd purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 45,653 shares of the e-commerce giant's stock, valued at approximately $10,016,000. Amazon.com makes up 4.7% of Capricorn Fund Managers Ltd's portfolio, making the stock its 3rd largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AMZN. Brighton Jones LLC grew its holdings in Amazon.com by 10.9% during 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 grew its holdings in Amazon.com by 4.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock worth $5,495,000 after acquiring an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG grew its holdings in 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 worth $442,481,000 after acquiring an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE grew its holdings in 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 worth $6,357,000 after acquiring an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC acquired a new position in Amazon.com during the 4th quarter worth approximately $2,153,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. DA Davidson upped their target price on shares of Amazon.com from $230.00 to $265.00 and gave the company a "buy" rating in a report on Friday, August 1st. Robert W. Baird upped their target price on shares of Amazon.com from $220.00 to $244.00 and gave the company an "outperform" rating in a report on Monday, July 21st. Jefferies Financial Group restated a "buy" rating on shares of Amazon.com in a report on Monday. JPMorgan Chase & Co. upped their target price on shares of Amazon.com from $255.00 to $265.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Finally, Mizuho set a $300.00 target price on shares of Amazon.com and gave the company an "outperform" rating in a report on Monday, September 29th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Amazon.com currently has an average rating of "Buy" and an average target price of $266.26.

Amazon.com Stock Up 1.6%

AMZN stock opened at $216.48 on Tuesday. The company has a fifty day moving average price of $225.56 and a 200 day moving average price of $213.20. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The company has a market cap of $2.31 trillion, a price-to-earnings ratio of 33.00, a price-to-earnings-growth ratio of 1.41 and a beta of 1.28. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating 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 firm had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the prior year, the firm earned $1.26 EPS. Amazon.com's revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the company's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the transaction, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeffrey P. Bezos sold 2,643,142 shares of the company's stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $230.43, for a total transaction of $609,059,211.06. Following the transaction, the insider owned 883,779,901 shares of the company's stock, valued at approximately $203,649,402,587.43. The trade was a 0.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,252,009 shares of company stock worth $976,047,640 in the last 90 days. Corporate insiders own 10.80% 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.

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