On Monday, Cathie Wood‘s Ark Invest made a significant purchase of Amazon.com Inc. AMZN shares. This acquisition comes as Amazon continues its robust performance in the e-commerce sector, with analysts projecting further growth. The move aligns with recent insights highlighting Amazon’s potential as a leading player in the industry.
The Amazon Trade
Ark Invest’s Ark Fintech Innovation ETF ARKF fund acquired 2,549 shares of Amazon.This purchase is valued at approximately $542,197, reflecting Amazon’s closing price of $212.71 on the same day.
The acquisition comes amid a backdrop of positive analyst sentiment and strategic investments in Amazon. According to a recent report, JPMorgan analyst Doug Anmuth highlighted Amazon as his “Best Idea” for 2025, citing an expected acceleration in U.S. e-commerce growth.
Furthermore, ValueAct Holdings recently invested $119 million in Amazon, reflecting confidence in the company’s strategic direction. This investment aligns with Amazon’s reported fourth-quarter net sales of $187.8 billion, surpassing analyst expectations and marking a 10% year-over-year increase. These developments underscore Amazon’s strong market position and potential for continued growth.
Other Key Trades:
- Deere & Co: Ark Invest’s ARKK fund purchased 10,271 shares.
- Iridium Communications Inc: ARKK fund acquired 108,803 shares,
- Datadog Inc: ARKW fund bought 15,597 shares.
Image via Shutterstock
Read Next:
This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
