1 week Ago By Defense World Staff
HS Management Partners LLC purchased a new stake in Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The fund purchased 211,975 shares of the e-commerce giant’s stock, valued at approximately $39,497,000. Amazon.com accounts for about 2.
5% of HS Management Partners LLC’s holdings, making the stock its 19th biggest holding. Several other large investors also recently made changes to their positions in AMZN. Foundations Investment Advisors LLC lifted its holdings in Amazon.
com by 9.7% during the third quarter. Foundations Investment Advisors LLC now owns 184,594 shares of the e-commerce giant’s stock valued at $34,395,000 after purchasing an additional 16,392 shares during the last quarter.
BayBridge Capital Group LLC grew its position in shares of Amazon.com by 51.8% during the 3rd quarter.
BayBridge Capital Group LLC now owns 14,368 shares of the e-commerce giant’s stock valued at $2,677,000 after purchasing an additional 4,905 shares in the last quarter. Zhang Financial LLC increased its stake in Amazon.com by 12.
9% in the 3rd quarter. Zhang Financial LLC now owns 51,091 shares of the e-commerce giant’s stock worth $9,520,000 after acquiring an additional 5,828 shares during the last quarter. Northwestern Mutual Wealth Management Co.
raised its stake in Amazon.com by 0.5% in the second quarter.
Northwestern Mutual Wealth Management Co. now owns 2,847,177 shares of the e-commerce giant’s stock valued at $550,217,000 after purchasing an additional 14,766 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Amazon.
com by 19.2% during the 3rd quarter. GAMMA Investing LLC now owns 119,205 shares of the e-commerce giant’s stock valued at $22,211,000 after buying an additional 19,231 shares in the last quarter.
72.20% of the stock is currently owned by institutional investors and hedge funds. Analysts Set New Price Targets A number of equities research analysts have weighed in on the company.
Sanford C. Bernstein raised their price target on Amazon.com from $225.
00 to $235.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Robert W.
Baird boosted their target price on Amazon.com from $213.00 to $220.
00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Oppenheimer increased their price target on shares of Amazon.com from $220.
00 to $230.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. JMP Securities boosted their price objective on shares of Amazon.
com from $265.00 to $285.00 and gave the stock a “market outperform” rating in a report on Friday, November 1st.
Finally, Monness Crespi & Hardt increased their target price on shares of Amazon.com from $225.00 to $245.
00 and gave the company a “buy” rating in a report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating, forty-one have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $237.
42. Amazon.com Stock Up 2.
3 % Shares of NASDAQ:AMZN opened at $230.26 on Thursday. The company has a market cap of $2.
42 trillion, a price-to-earnings ratio of 49.31, a PEG ratio of 1.52 and a beta of 1.
16. 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 50-day moving average price of $198.
98 and a 200 day moving average price of $188.78. Amazon.
com, Inc. has a 12 month low of $144.05 and a 12 month high of $231.
20. Amazon.com ( NASDAQ:AMZN – Get Free Report ) last issued 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. The firm had revenue of $158.88 billion during the quarter, compared to analyst estimates of $157.
28 billion. Amazon.com had a net margin of 8.
04% and a return on equity of 22.41%. The business’s revenue was up 11.
0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.85 earnings per share.
As a group, equities research analysts predict that Amazon.com, Inc. will post 5.
29 earnings per share for the current year. Insiders Place Their Bets In other news, SVP David Zapolsky sold 2,190 shares of the business’s stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $195.
00, for a total value of $427,050.00. Following the completion of the transaction, the senior vice president now directly owns 62,420 shares of the company’s stock, valued at approximately $12,171,900.
The trade was a 3.39 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link .
Also, Director Daniel P. Huttenlocher sold 1,237 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director now owns 24,912 shares of the company’s stock, valued at approximately $4,958,982.
72. This trade represents a 4.73 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . In the last ninety days, insiders sold 6,034,534 shares of company stock worth $1,253,883,872. 10.
80% of the stock is currently owned by company insiders. Amazon.com Profile ( Free Report ) 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.
Featured Stories Five stocks we like better than Amazon.com What Is WallStreetBets and What Stocks Are They Targeting? The Great CPU Race: AMD and Intel Battle for Dominance What Does a Stock Split Mean? GameStop Turns a Profit: So What? It’s Still Not Worth Investing How to Evaluate a Stock Before Buying C3.ai Stock Surges on Strong Sales Despite Profit Concerns Receive News & Ratings for Amazon.
com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter .
.
