Sustainable Growth Advisers LP Has $1.25 Billion Stake in Amazon.com, Inc. $AMZN

Key Points

• Sustainable Growth Advisers LP has increased its stake in Amazon.com by 6.1%, now owning over 6.57 million shares valued at approximately $1.25 billion.
• Amazon reported $1.68 earnings per share in its latest earnings release, surpassing the expected $1.31 by $0.37, with revenues reaching $167.70 billion for the quarter.
• Research firms are optimistic, with several raising their target prices for Amazon, leading to an average target price of $262.87 and maintaining a general rating of "Buy."

Sustainable Growth Advisers LP grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.1% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,573,828 shares of the e-commerce giant's stock after acquiring an additional 380,790 shares during the period. Amazon.com comprises approximately 7.0% of Sustainable Growth Advisers LP's investment portfolio, making the stock its biggest holding. Sustainable Growth Advisers LP owned approximately 0.06% of Amazon.com worth $1,250,737,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of AMZN. Castlekeep Investment Advisors LLC bought a new stake in shares of Amazon.com during the fourth quarter valued at approximately $25,000. Prudent Man Investment Management Inc. purchased a new stake in Amazon.com during the fourth quarter worth $27,000. LSV Asset Management purchased a new stake in Amazon.com during the fourth quarter worth $35,000. Cooksen Wealth LLC purchased a new stake in Amazon.com during the first quarter worth $36,000. Finally, Inlight Wealth Management LLC purchased a new stake in Amazon.com during the first quarter worth $40,000. Institutional investors own 72.20% of the company's stock.

Amazon.com Price Performance

NASDAQ AMZN opened at $223.81 on Thursday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The stock's fifty day moving average price is $222.12 and its 200 day moving average price is $208.46. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company has a market cap of $2.39 trillion, a price-to-earnings ratio of 34.12, a PEG ratio of 1.54 and a beta of 1.31.

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 the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the prior year, the firm earned $1.26 EPS. The firm's revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction on Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. This represents a 0.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders sold 25,012,284 shares of company stock valued at $5,656,976,492. 9.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AMZN. Wells Fargo & Company upped their target price on Amazon.com from $238.00 to $245.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft upped their target price on Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. BMO Capital Markets upped their target price on Amazon.com from $270.00 to $280.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Moffett Nathanson upped their target price on Amazon.com from $250.00 to $253.00 and gave the stock a "buy" rating in a report on Tuesday, June 24th. Finally, Morgan Stanley restated an "overweight" rating and set a $300.00 target price on shares of Amazon.com in a report on Thursday, August 14th. Two analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $262.87.

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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