30,563 Shares in Amazon.com, Inc. (NASDAQ:AMZN) Purchased by Syon Capital LLC

Syon Capital LLC bought a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 30,563 shares of the e-commerce giant’s stock, valued at approximately $3,885,000.

A number of other large investors also recently modified their holdings of AMZN. Family CFO Inc increased its position in Amazon.com by 47.5% in the third quarter. Family CFO Inc now owns 1,062 shares of the e-commerce giant’s stock worth $135,000 after purchasing an additional 342 shares during the period. Whitegate Investment Counselors Inc. raised its stake in shares of Amazon.com by 3.1% during the third quarter. Whitegate Investment Counselors Inc. now owns 2,474 shares of the e-commerce giant’s stock worth $314,000 after buying an additional 74 shares during the last quarter. Amica Mutual Insurance Co. lifted its holdings in Amazon.com by 3.3% in the third quarter. Amica Mutual Insurance Co. now owns 203,764 shares of the e-commerce giant’s stock valued at $25,902,000 after buying an additional 6,551 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Amazon.com by 1.9% in the third quarter. EverSource Wealth Advisors LLC now owns 66,388 shares of the e-commerce giant’s stock valued at $8,439,000 after buying an additional 1,206 shares during the period. Finally, Beaton Management Co. Inc. boosted its stake in Amazon.com by 0.6% in the third quarter. Beaton Management Co. Inc. now owns 29,021 shares of the e-commerce giant’s stock valued at $3,689,000 after acquiring an additional 166 shares during the last quarter. 57.96% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Down 1.2 %

AMZN opened at $172.34 on Tuesday. The stock’s fifty day simple moving average is $154.96 and its 200 day simple moving average is $142.61. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The stock has a market cap of $1.79 trillion, a PE ratio of 59.43, a price-to-earnings-growth ratio of 1.54 and a beta of 1.14. Amazon.com, Inc. has a 1-year low of $88.12 and a 1-year high of $175.39.

Amazon.com (NASDAQ:AMZNGet Free Report) last released its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.19. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The business had revenue of $169.96 billion during the quarter, compared to analysts’ expectations of $165.96 billion. During the same period last year, the firm posted $0.21 EPS. The firm’s revenue for the quarter was up 13.9% compared to the same quarter last year. As a group, research analysts expect that Amazon.com, Inc. will post 4.03 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In other news, insider Jeffrey P. Bezos sold 5,998,849 shares of Amazon.com stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $170.16, for a total value of $1,020,764,145.84. Following the completion of the sale, the insider now directly owns 982,252,968 shares in the company, valued at $167,140,165,034.88. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, CEO Douglas J. Herrington sold 20,200 shares of the stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $169.99, for a total transaction of $3,433,798.00. Following the sale, the chief executive officer now directly owns 514,131 shares of the company’s stock, valued at approximately $87,397,128.69. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Jeffrey P. Bezos sold 5,998,849 shares of the business’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $170.16, for a total value of $1,020,764,145.84. Following the completion of the transaction, the insider now directly owns 982,252,968 shares of the company’s stock, valued at approximately $167,140,165,034.88. The disclosure for this sale can be found here. Insiders sold 6,080,878 shares of company stock valued at $1,033,083,657 in the last quarter. Company insiders own 12.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on AMZN shares. The Goldman Sachs Group raised their price target on Amazon.com from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. Rosenblatt Securities upped their price target on Amazon.com from $184.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, October 27th. TD Cowen lifted their price objective on shares of Amazon.com from $200.00 to $225.00 and gave the stock an “outperform” rating in a research note on Friday, February 2nd. Needham & Company LLC upped their target price on shares of Amazon.com from $175.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Finally, Roth Mkm lifted their price target on shares of Amazon.com from $180.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. One investment analyst has rated the stock with a hold rating, forty-three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $197.95.

View Our Latest Analysis on Amazon.com

Amazon.com Profile

(Free Report)

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

Featured Articles

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZNFree Report).

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

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.