Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Unigestion Holding SA

Unigestion Holding SA raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2,093.7% in the second quarter, Holdings Channel.com reports. The fund owned 66,953 shares of the e-commerce giant’s stock after acquiring an additional 63,901 shares during the period. Unigestion Holding SA’s holdings in Amazon.com were worth $7,111,000 at the end of the most recent reporting period.

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

Insiders Place Their Bets

In other Amazon.com news, VP Shelley Reynolds sold 3,500 shares of the stock in a transaction on Monday, November 21st. The stock was sold at an average price of $94.00, for a total transaction of $329,000.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares in the company, valued at $11,259,320. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO Adam Selipsky sold 520 shares of the firm’s stock in a transaction on Wednesday, September 14th. The stock was sold at an average price of $127.43, for a total value of $66,263.60. Following the completion of the sale, the chief executive officer now directly owns 115,680 shares in the company, valued at $14,741,102.40. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Shelley Reynolds sold 3,500 shares of the firm’s stock in a transaction on Monday, November 21st. The shares were sold at an average price of $94.00, for a total value of $329,000.00. Following the completion of the sale, the vice president now owns 119,780 shares of the company’s stock, valued at $11,259,320. The disclosure for this sale can be found here. Insiders sold 303,988 shares of company stock worth $11,164,283 over the last three months. 12.70% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on AMZN. Wells Fargo & Company dropped their target price on Amazon.com from $200.00 to $155.00 and set an “overweight” rating on the stock in a report on Friday, October 28th. Truist Financial dropped their target price on Amazon.com from $170.00 to $160.00 and set a “buy” rating on the stock in a report on Friday, October 28th. Moffett Nathanson began coverage on Amazon.com in a report on Tuesday, November 15th. They issued an “outperform” rating and a $118.00 target price on the stock. Jefferies Financial Group dropped their target price on Amazon.com from $165.00 to $135.00 and set a “buy” rating on the stock in a report on Friday, October 28th. Finally, Atlantic Securities dropped their target price on Amazon.com from $160.00 to $120.00 and set an “overweight” rating on the stock in a report on Friday, October 28th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and forty-one have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and an average target price of $149.40.

Amazon.com Stock Up 1.0 %

Shares of AMZN stock opened at $94.13 on Thursday. The stock has a market cap of $960.28 billion, a P/E ratio of 86.40, a price-to-earnings-growth ratio of 6.18 and a beta of 1.23. Amazon.com, Inc. has a one year low of $85.87 and a one year high of $181.68. The stock has a fifty day moving average price of $109.13 and a 200 day moving average price of $116.76. 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 (NASDAQ:AMZNGet Rating) last released its quarterly earnings data on Thursday, October 27th. The e-commerce giant reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.06. Amazon.com had a return on equity of 14.44% and a net margin of 2.25%. The firm had revenue of $127.10 billion during the quarter, compared to analyst estimates of $127.47 billion. During the same period in the prior year, the company posted $0.31 earnings per share. The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. Analysts predict that Amazon.com, Inc. will post 0.74 earnings per share for the current year.

About Amazon.com

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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.

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

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