Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Boosted by Once Capital Management LLC

Once Capital Management LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZNGet Rating) by 1,900.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,900 shares of the e-commerce giant’s stock after purchasing an additional 51,205 shares during the period. Amazon.com makes up approximately 7.3% of Once Capital Management LLC’s portfolio, making the stock its 5th biggest holding. Once Capital Management LLC’s holdings in Amazon.com were worth $5,725,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Kavar Capital Partners Group LLC raised its stake in shares of Amazon.com by 7.6% in the 1st quarter. Kavar Capital Partners Group LLC now owns 1,121 shares of the e-commerce giant’s stock valued at $3,654,000 after acquiring an additional 79 shares during the period. IFM Investors Pty Ltd increased its stake in Amazon.com by 21.8% during the 1st quarter. IFM Investors Pty Ltd now owns 72,911 shares of the e-commerce giant’s stock worth $237,686,000 after buying an additional 13,060 shares during the period. LexAurum Advisors LLC increased its stake in Amazon.com by 10.7% during the 1st quarter. LexAurum Advisors LLC now owns 827 shares of the e-commerce giant’s stock worth $2,696,000 after buying an additional 80 shares during the period. Ironwood Wealth Management LLC. increased its stake in Amazon.com by 0.8% during the 1st quarter. Ironwood Wealth Management LLC. now owns 1,810 shares of the e-commerce giant’s stock worth $5,901,000 after buying an additional 15 shares during the period. Finally, Redmond Asset Management LLC increased its stake in Amazon.com by 2.9% during the 1st quarter. Redmond Asset Management LLC now owns 1,836 shares of the e-commerce giant’s stock worth $5,985,000 after buying an additional 51 shares during the period. Hedge funds and other institutional investors own 57.15% of the company’s stock.

Insider Transactions at Amazon.com

In other news, CEO Adam Selipsky sold 520 shares of Amazon.com stock in a transaction that occurred on Wednesday, September 14th. The shares were sold at an average price of $127.43, for a total value of $66,263.60. Following the transaction, the chief executive officer now directly owns 115,680 shares of the company’s stock, valued at $14,741,102.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, Director Daniel P. Huttenlocher sold 1,720 shares of the business’s stock in a transaction that occurred on Thursday, November 17th. The shares were sold at an average price of $95.70, for a total transaction of $164,604.00. Following the transaction, the director now directly owns 22,440 shares of the company’s stock, valued at $2,147,508. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Adam Selipsky sold 520 shares of the business’s stock in a transaction that occurred on Wednesday, September 14th. The shares were sold at an average price of $127.43, for a total transaction of $66,263.60. Following the transaction, the chief executive officer now directly owns 115,680 shares in the company, valued at $14,741,102.40. The disclosure for this sale can be found here. Insiders have sold a total of 269,412 shares of company stock valued at $7,914,139 over the last ninety days. Corporate insiders own 12.70% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on AMZN shares. Moffett Nathanson started coverage on shares of Amazon.com in a research note on Tuesday, November 15th. They set an “outperform” rating and a $118.00 price target on the stock. Royal Bank of Canada dropped their price target on shares of Amazon.com from $175.00 to $135.00 and set an “outperform” rating on the stock in a research note on Friday, October 28th. Itau BBA Securities started coverage on shares of Amazon.com in a research note on Tuesday, July 26th. They set an “outperform” rating and a $146.00 price target on the stock. Monness Crespi & Hardt dropped their price target on shares of Amazon.com from $172.00 to $136.00 and set a “buy” rating on the stock in a research note on Friday, October 28th. Finally, Piper Sandler decreased their price objective on shares of Amazon.com from $175.00 to $125.00 and set an “overweight” rating for the company in a report on Friday, October 28th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and forty-two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and a consensus target price of $150.89.

Amazon.com Stock Performance

Amazon.com stock opened at $92.46 on Tuesday. The firm’s 50 day simple moving average is $109.80 and its 200-day simple moving average is $116.91. The company has a market cap of $943.24 billion, a P/E ratio of 84.86, a price-to-earnings-growth ratio of 6.29 and a beta of 1.23. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.94 and a quick ratio of 0.68. Amazon.com, Inc. has a fifty-two week low of $85.87 and a fifty-two week high of $185.67.

Amazon.com (NASDAQ:AMZNGet Rating) last released its earnings results on Thursday, October 27th. The e-commerce giant reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.06. The business had revenue of $127.10 billion for the quarter, compared to the consensus estimate of $127.47 billion. Amazon.com had a net margin of 2.25% and a return on equity of 14.44%. The firm’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same period last year, the firm posted $0.31 earnings per share. As a group, equities research analysts predict that Amazon.com, Inc. will post 0.74 EPS for the current year.

Amazon.com Profile

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Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores.

Further Reading

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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