Sarasin & Partners LLP Sells 19,647 Shares of Amazon.com, Inc. $AMZN

Sarasin & Partners LLP cut its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,918,208 shares of the e-commerce giant’s stock after selling 19,647 shares during the quarter. Amazon.com comprises 5.4% of Sarasin & Partners LLP’s portfolio, making the stock its 5th largest position. Sarasin & Partners LLP’s holdings in Amazon.com were worth $457,186,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMZN. Brighton Jones LLC lifted its holdings in Amazon.com by 10.9% during the fourth 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 stake in shares of 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 position in Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after purchasing an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE increased its position in shares of Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after acquiring an additional 1,518 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC acquired a new position in shares of Amazon.com during the 4th quarter worth approximately $2,153,000. Institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on AMZN shares. China Renaissance boosted their price objective on shares of Amazon.com from $300.00 to $326.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Royal Bank Of Canada boosted their price target on Amazon.com from $320.00 to $330.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Oppenheimer restated an “outperform” rating on shares of Amazon.com in a research note on Friday, July 31st. Scotiabank restated an “outperform” rating and issued a $325.00 price target (up from $275.00) on shares of Amazon.com in a research report on Thursday, April 30th. Finally, Piper Sandler reissued an “overweight” rating and issued a $320.00 target price (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $322.56.

Amazon.com Stock Performance

Shares of AMZN opened at $259.45 on Wednesday. The firm’s fifty day simple moving average is $248.53 and its two-hundred day simple moving average is $238.89. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $287.20. The stock has a market capitalization of $2.80 trillion, a P/E ratio of 20.87, a price-to-earnings-growth ratio of 1.75 and a beta of 1.45. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $3.93. The firm had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The company’s revenue was up 19.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.68 earnings per share. As a group, analysts predict that Amazon.com, Inc. will post 8.05 EPS for the current year.

Key Amazon.com News

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: Bullish AWS outlook: Morgan Stanley reiterated its bullish view and said AWS could eventually become a $1 trillion annual-revenue business if Amazon successfully converts AI capacity into durable cloud demand. The firm maintained a $335 price target. Amazon’s $500 Bull Case Puts AWS Under Massive Pressure
• Positive Sentiment: Expanded data-center investment: Amazon raised its planned Louisiana investment to approximately $18 billion and added a third campus. Securing power, water and transmission capacity could support AWS expansion and AI workloads, although it will increase near-term capital requirements. Amazon Raises Louisiana Investment To $18 Billion, Adds Third Data Center Campus
• Positive Sentiment: AI and retail initiatives: Amazon’s conversational shopping tools and AI-powered advertising are reported to be increasing product discovery, advertiser returns and retail volumes. These efforts could strengthen both e-commerce monetization and AWS demand. Amazon Thinks AI Is About to Change the Way We Shop
• Positive Sentiment: Institutional support and logistics expansion: Baupost, Coatue and Appaloosa added to Amazon positions, while Third Point’s 10% reduction appeared to be a modest rebalance rather than a full exit. Amazon also holds warrants representing about 12% of Einride, which is expanding its electric freight network with 500 Tesla Semi trucks. A Star Investor Just Trimmed Amazon
• Neutral Sentiment: Mixed hedge-fund signals: Q2 filings showed major investors making sharply different moves, including sizable purchases by Viking and Druckenmiller’s Duquesne alongside reductions by Bridgewater and others. The filings support interest in AMZN but do not establish a uniform institutional view. Amazon Sees Heavy Hedge Fund Activity in Q2
• Negative Sentiment: AI spending and financing concerns: Amazon is part of a broader hyperscaler borrowing surge to fund AI infrastructure, while analysts warn that elevated capital expenditures could depress free cash flow and raise depreciation expenses before returns are proven. Rival CoreWeave also highlights the risk that some high-margin AI workloads may bypass AWS.
• Negative Sentiment: Project and regulatory risks: A proposed $10 billion Houston data-center campus faces scrutiny over secrecy and tightening Texas rules. Separately, concerns about emissions from gas plants supporting AI data centers could increase regulatory and reputational pressure. Amazon’s $10B Houston Data Center Project Hits Snags

Insiders Place Their Bets

In related news, CEO Douglas J. Herrington sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $278.39, for a total transaction of $278,390.00. Following the transaction, the chief executive officer directly owned 483,527 shares of the company’s stock, valued at approximately $134,609,081.53. This represents a 0.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 15,467 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $263.40, for a total value of $4,074,007.80. Following the completion of the transaction, the chief executive officer owned 14,159 shares in the company, valued at approximately $3,729,480.60. This represents a 52.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 62,650 shares of company stock worth $16,535,457 over the last three months. Insiders own 8.90% of the company’s stock.

Amazon.com Profile

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.