Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by JGP Global Gestao de Recursos Ltda.

JGP Global Gestao de Recursos Ltda. grew its position in Amazon.com, Inc. (NASDAQ:AMZNGet Rating) by 900.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,000 shares of the e-commerce giant’s stock after purchasing an additional 1,800 shares during the period. JGP Global Gestao de Recursos Ltda.’s holdings in Amazon.com were worth $212,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of AMZN. Cooper Financial Group boosted its position in shares of Amazon.com by 6.5% in the first quarter. Cooper Financial Group now owns 3,958 shares of the e-commerce giant’s stock worth $12,903,000 after buying an additional 243 shares during the period. Calton & Associates Inc. lifted its position in Amazon.com by 2.6% during the 1st quarter. Calton & Associates Inc. now owns 866 shares of the e-commerce giant’s stock worth $2,823,000 after acquiring an additional 22 shares in the last quarter. Kavar Capital Partners Group LLC boosted its holdings in 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 worth $3,654,000 after acquiring an additional 79 shares during the period. IFM Investors Pty Ltd grew its position in Amazon.com by 21.8% in 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 acquiring an additional 13,060 shares in the last quarter. Finally, LexAurum Advisors LLC raised its stake in shares of 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 purchasing an additional 80 shares during the period. Hedge funds and other institutional investors own 57.15% of the company’s stock.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Amazon.com from $150.00 to $130.00 and set a “buy” rating for the company in a report on Friday, October 28th. Canaccord Genuity Group lifted their target price on Amazon.com from $185.00 to $200.00 in a research report on Friday, July 29th. Cowen reduced their price target on Amazon.com from $195.00 to $150.00 and set an “outperform” rating for the company in a report on Friday, October 28th. The Goldman Sachs Group restated a “buy” rating and set a $175.00 price objective on shares of Amazon.com in a report on Thursday, August 4th. Finally, Stifel Nicolaus reduced their target price on Amazon.com from $190.00 to $185.00 in a research note on Friday, July 15th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and forty-one have given a buy rating to the company. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $151.91.

Insiders Place Their Bets

In related news, VP Shelley Reynolds sold 3,480 shares of the firm’s stock in a transaction that occurred on Monday, August 22nd. The shares were sold at an average price of $134.23, for a total transaction of $467,120.40. Following the transaction, the vice president now owns 119,780 shares in the company, valued at $16,078,069.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, VP Shelley Reynolds sold 3,480 shares of the firm’s stock in a transaction dated Monday, August 22nd. The stock was sold at an average price of $134.23, for a total transaction of $467,120.40. Following the completion of the transaction, the vice president now owns 119,780 shares of the company’s stock, valued at $16,078,069.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Adam Selipsky sold 345 shares of Amazon.com stock in a transaction dated Tuesday, November 1st. The stock was sold at an average price of $102.00, for a total value of $35,190.00. Following the transaction, the chief executive officer now directly owns 112,795 shares in the company, valued at $11,505,090. The disclosure for this sale can be found here. In the last three months, insiders have sold 322,013 shares of company stock worth $15,858,230. 12.70% of the stock is owned by corporate insiders.

Amazon.com Stock Up 4.3 %

AMZN opened at $100.79 on Friday. 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 12 month low of $85.87 and a 12 month high of $188.11. The stock’s 50 day moving average price is $113.93 and its 200 day moving average price is $118.49. The stock has a market cap of $1.03 trillion, a P/E ratio of 92.51, a P/E/G ratio of 7.15 and a beta of 1.23.

Amazon.com (NASDAQ:AMZNGet Rating) last issued its quarterly earnings data on Thursday, October 27th. The e-commerce giant reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.06. The business had revenue of $127.10 billion for the quarter, compared to analysts’ expectations of $127.47 billion. Amazon.com had a net margin of 2.25% and a return on equity of 14.44%. The company’s revenue was up 14.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.31 earnings per share. As a group, research analysts predict that Amazon.com, Inc. will post 0.62 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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