Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Lifted by Temasek Holdings Private Ltd

Temasek Holdings Private Ltd grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 4.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,947,196 shares of the e-commerce giant’s stock after purchasing an additional 228,757 shares during the period. Amazon.com makes up about 4.5% of Temasek Holdings Private Ltd’s holdings, making the stock its 5th largest holding. Temasek Holdings Private Ltd’s holdings in Amazon.com were worth $1,108,141,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in AMZN. ACT Advisors LLC. boosted its position in shares of Amazon.com by 23.3% during the 2nd quarter. ACT Advisors LLC. now owns 2,883 shares of the e-commerce giant’s stock valued at $557,000 after acquiring an additional 545 shares during the last quarter. Oldfather Financial Services LLC increased its position in Amazon.com by 15.2% during the second quarter. Oldfather Financial Services LLC now owns 2,124 shares of the e-commerce giant’s stock worth $410,000 after purchasing an additional 281 shares during the last quarter. TrueWealth Advisors LLC raised its stake in Amazon.com by 6.3% during the second quarter. TrueWealth Advisors LLC now owns 7,061 shares of the e-commerce giant’s stock worth $1,365,000 after purchasing an additional 416 shares during the period. Silverleafe Capital Partners LLC boosted its holdings in Amazon.com by 2.5% in the 2nd quarter. Silverleafe Capital Partners LLC now owns 4,685 shares of the e-commerce giant’s stock valued at $905,000 after purchasing an additional 115 shares during the last quarter. Finally, Planned Solutions Inc. purchased a new stake in shares of Amazon.com in the 2nd quarter valued at approximately $202,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 15,260 shares of Amazon.com stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $200.19, for a total value of $3,054,899.40. Following the transaction, the chief executive officer now directly owns 349,261 shares in the company, valued at approximately $69,918,559.59. The trade was a 4.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jonathan Rubinstein sold 5,004 shares of the stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $199.85, for a total transaction of $1,000,049.40. Following the sale, the director now owns 99,396 shares of the company’s stock, valued at $19,864,290.60. This trade represents a 4.79 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 6,032,344 shares of company stock valued at $1,253,456,822 in the last three months. 10.80% of the stock is currently owned by company insiders.

Amazon.com Stock Down 1.4 %

Shares of NASDAQ:AMZN opened at $218.94 on Monday. The firm has a 50 day simple moving average of $216.20 and a 200-day simple moving average of $195.42. Amazon.com, Inc. has a twelve month low of $149.91 and a twelve month high of $233.00. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $2.30 trillion, a PE ratio of 46.88, a P/E/G ratio of 1.54 and a beta of 1.14.

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

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Telsey Advisory Group upped their price objective on Amazon.com from $215.00 to $235.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Loop Capital upped their price target on Amazon.com from $225.00 to $275.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Royal Bank of Canada increased their price target on Amazon.com from $215.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. JMP Securities restated a “market outperform” rating and issued a $285.00 price objective on shares of Amazon.com in a report on Friday. Finally, Bank of America increased their target price on shares of Amazon.com from $210.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating, forty-one have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $243.67.

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.