Greenbrier Partners Capital Management LLC Has $129.93 Million Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Greenbrier Partners Capital Management LLC lessened its position in Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 628,178 shares of the e-commerce giant’s stock after selling 825 shares during the period. Amazon.com accounts for 9.9% of Greenbrier Partners Capital Management LLC’s investment portfolio, making the stock its 4th biggest position. Greenbrier Partners Capital Management LLC’s holdings in Amazon.com were worth $129,932,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Auxier Asset Management increased its holdings in Amazon.com by 3.4% during the 3rd quarter. Auxier Asset Management now owns 6,090 shares of the e-commerce giant’s stock valued at $1,135,000 after purchasing an additional 200 shares during the period. Captrust Financial Advisors increased its holdings in Amazon.com by 4.6% during the 3rd quarter. Captrust Financial Advisors now owns 1,842,976 shares of the e-commerce giant’s stock valued at $343,402,000 after purchasing an additional 80,651 shares during the period. William Allan Corp increased its holdings in Amazon.com by 2.0% during the 3rd quarter. William Allan Corp now owns 19,319 shares of the e-commerce giant’s stock valued at $3,600,000 after purchasing an additional 382 shares during the period. Woodson Capital Management LP purchased a new position in Amazon.com during the 3rd quarter valued at about $13,308,000. Finally, Skye Global Management LP increased its holdings in Amazon.com by 4.9% during the 3rd quarter. Skye Global Management LP now owns 11,918,169 shares of the e-commerce giant’s stock valued at $2,220,712,000 after purchasing an additional 560,454 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

AMZN has been the topic of a number of research analyst reports. Cantor Fitzgerald restated an “overweight” rating and set a $230.00 price target on shares of Amazon.com in a report on Monday, October 7th. DA Davidson reaffirmed a “buy” rating and set a $235.00 price objective on shares of Amazon.com in a research report on Thursday, October 10th. Royal Bank of Canada lifted their price objective on Amazon.com from $215.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. The Goldman Sachs Group lifted their price objective on Amazon.com from $230.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Finally, Wedbush lifted their price objective on Amazon.com from $250.00 to $260.00 and gave the company an “outperform” rating in a research report on Monday. Two investment analysts have rated the stock with a hold rating, forty-one have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $243.67.

Amazon.com Trading Up 0.0 %

NASDAQ:AMZN opened at $222.13 on Thursday. 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 firm has a market capitalization of $2.34 trillion, a price-to-earnings ratio of 47.57, a price-to-earnings-growth ratio of 1.54 and a beta of 1.14. Amazon.com, Inc. has a one year low of $148.21 and a one year high of $233.00. The business has a fifty day moving average price of $215.07 and a 200-day moving average price of $194.92.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, topping the consensus estimate of $1.14 by $0.29. The firm had revenue of $158.88 billion during the quarter, compared to analyst estimates of $157.28 billion. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. Amazon.com’s revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.85 EPS. Sell-side analysts forecast that Amazon.com, Inc. will post 5.29 EPS for the current year.

Insider Transactions at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 2,996,362 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $208.85, for a total transaction of $625,790,203.70. Following the sale, the insider now directly owns 917,416,976 shares of the company’s stock, valued at $191,602,535,437.60. This trade represents a 0.33 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jonathan Rubinstein sold 5,004 shares of the firm’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $199.85, for a total value of $1,000,049.40. Following the sale, the director now directly owns 99,396 shares in the company, valued at approximately $19,864,290.60. This represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 6,032,344 shares of company stock worth $1,253,456,822 in the last three months. Corporate insiders own 10.80% of the company’s stock.

About Amazon.com

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.