Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Raised by AM Investment Strategies LLC

AM Investment Strategies LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 279,589 shares of the e-commerce giant’s stock after acquiring an additional 89 shares during the quarter. Amazon.com comprises about 12.6% of AM Investment Strategies LLC’s holdings, making the stock its 3rd largest holding. AM Investment Strategies LLC’s holdings in Amazon.com were worth $52,096,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. China Universal Asset Management Co. Ltd. grew its stake in shares of Amazon.com by 31.6% during the first quarter. China Universal Asset Management Co. Ltd. now owns 182,359 shares of the e-commerce giant’s stock valued at $32,894,000 after acquiring an additional 43,759 shares in the last quarter. Quent Capital LLC raised its position in shares of Amazon.com by 3.3% in the 1st quarter. Quent Capital LLC now owns 33,729 shares of the e-commerce giant’s stock valued at $6,084,000 after purchasing an additional 1,081 shares in the last quarter. BTG Pactual Global Asset Management Ltd boosted its stake in shares of Amazon.com by 225.1% during the 1st quarter. BTG Pactual Global Asset Management Ltd now owns 86,958 shares of the e-commerce giant’s stock valued at $15,685,000 after buying an additional 60,208 shares during the last quarter. L1 Capital International Pty Ltd grew its position in shares of Amazon.com by 17.0% during the first quarter. L1 Capital International Pty Ltd now owns 89,396 shares of the e-commerce giant’s stock worth $16,178,000 after buying an additional 12,979 shares in the last quarter. Finally, Kodai Capital Management LP increased its stake in shares of Amazon.com by 9.4% in the first quarter. Kodai Capital Management LP now owns 454,565 shares of the e-commerce giant’s stock worth $81,994,000 after buying an additional 39,108 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN opened at $226.09 on Tuesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87. The stock has a market cap of $2.38 trillion, a price-to-earnings ratio of 48.41, a PEG ratio of 1.52 and a beta of 1.16. Amazon.com, Inc. has a one year low of $143.64 and a one year high of $230.08. The company has a 50-day moving average of $198.19 and a two-hundred day moving average of $188.47.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The company had revenue of $158.88 billion during the quarter, compared to analyst estimates of $157.28 billion. During the same quarter in the prior year, the company earned $0.85 earnings per share. The company’s revenue for the quarter was up 11.0% on a year-over-year basis. On average, equities research analysts expect that Amazon.com, Inc. will post 5.29 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on AMZN. Robert W. Baird raised their price objective on shares of Amazon.com from $213.00 to $220.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Royal Bank of Canada lifted their price target on shares of Amazon.com from $215.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Pivotal Research assumed coverage on shares of Amazon.com in a research note on Friday, October 11th. They set a “buy” rating and a $260.00 price objective on the stock. Benchmark lifted their target price on Amazon.com from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Finally, Loop Capital increased their price target on Amazon.com from $225.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Two analysts have rated the stock with a hold rating, forty-one have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $236.98.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $210.00, for a total value of $735,000.00. Following the completion of the sale, the chief executive officer now directly owns 524,567 shares of the company’s stock, valued at $110,159,070. The trade was a 0.66 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Daniel P. Huttenlocher sold 1,237 shares of the firm’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $199.06, for a total transaction of $246,237.22. Following the transaction, the director now owns 24,912 shares in the company, valued at $4,958,982.72. This represents a 4.73 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 6,030,183 shares of company stock worth $1,252,883,795. 10.80% of the stock is currently owned by company insiders.

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.