Caxton Associates LP Makes New $26.73 Million Investment in Amazon.com, Inc. (NASDAQ:AMZN)

Caxton Associates LP bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Get Rating) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 236,531 shares of the e-commerce giant’s stock, valued at approximately $26,728,000. Amazon.com accounts for 3.6% of Caxton Associates LP’s holdings, making the stock its 3rd biggest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Iron Horse Wealth Management LLC grew its position in shares of Amazon.com by 4,540.0% in the second quarter. Iron Horse Wealth Management LLC now owns 232 shares of the e-commerce giant’s stock valued at $25,000 after purchasing an additional 227 shares during the last quarter. Wells Financial Advisors INC grew its position in shares of Amazon.com by 1,900.0% in the second quarter. Wells Financial Advisors INC now owns 280 shares of the e-commerce giant’s stock valued at $30,000 after purchasing an additional 266 shares during the last quarter. Knott David M Jr acquired a new stake in shares of Amazon.com in the second quarter valued at approximately $32,000. Laurel Wealth Planning LLC grew its position in shares of Amazon.com by 1,900.0% in the second quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock valued at $34,000 after purchasing an additional 304 shares during the last quarter. Finally, Baron Financial Group LLC grew its position in shares of Amazon.com by 1,900.0% in the second quarter. Baron Financial Group LLC now owns 360 shares of the e-commerce giant’s stock valued at $38,000 after purchasing an additional 342 shares during the last quarter. 57.64% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 4,000 shares of the firm’s stock in a transaction on Monday, February 6th. The shares were sold at an average price of $102.90, for a total transaction of $411,600.00. Following the completion of the transaction, the chief executive officer now directly owns 529,435 shares of the company’s stock, valued at approximately $54,478,861.50. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Amazon.com news, CEO Douglas J. Herrington sold 4,000 shares of the firm’s stock in a transaction on Monday, February 6th. The shares were sold at an average price of $102.90, for a total transaction of $411,600.00. Following the completion of the transaction, the chief executive officer now directly owns 529,435 shares of the company’s stock, valued at approximately $54,478,861.50. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Andrew R. Jassy sold 23,874 shares of the firm’s stock in a transaction on Wednesday, February 15th. The stock was sold at an average price of $99.15, for a total transaction of $2,367,107.10. Following the transaction, the chief executive officer now directly owns 1,964,506 shares of the company’s stock, valued at $194,780,769.90. The disclosure for this sale can be found here. Insiders sold a total of 71,394 shares of company stock valued at $6,994,626 in the last ninety days. Corporate insiders own 12.70% of the company’s stock.

Amazon.com Price Performance

AMZN opened at $90.73 on Friday. The company has a fifty day simple moving average of $95.85 and a 200 day simple moving average of $102.78. The firm has a market cap of $929.73 billion, a price-to-earnings ratio of -338.53, a PEG ratio of 3.80 and a beta of 1.25. Amazon.com, Inc. has a twelve month low of $81.43 and a twelve month high of $170.83. The company has a current ratio of 0.94, a quick ratio of 0.72 and a debt-to-equity ratio of 0.46.

Amazon.com (NASDAQ:AMZN – Get Rating) last announced its quarterly earnings data on Thursday, February 2nd. The e-commerce giant reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.12). The company had revenue of $149.20 billion for the quarter, compared to analyst estimates of $145.72 billion. Amazon.com had a positive return on equity of 5.33% and a negative net margin of 0.53%. Amazon.com’s revenue was up 8.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.39 earnings per share. Equities research analysts expect that Amazon.com, Inc. will post 1.34 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on AMZN. New Street Research initiated coverage on shares of Amazon.com in a research report on Wednesday, January 4th. They issued a “buy” rating and a $130.00 price target on the stock. Piper Sandler upped their price objective on shares of Amazon.com from $119.00 to $123.00 and gave the company an “overweight” rating in a research note on Friday, February 3rd. DA Davidson upped their price objective on shares of Amazon.com from $114.00 to $134.00 and gave the company a “buy” rating in a research note on Friday, February 3rd. Wolfe Research upped their price objective on shares of Amazon.com from $115.00 to $130.00 in a research note on Friday, February 3rd. Finally, Rosenblatt Securities upped their price objective on shares of Amazon.com from $103.00 to $106.00 and gave the company a “neutral” rating in a research note on Friday, February 3rd. Two analysts have rated the stock with a sell rating, three have given a hold rating and forty-one have issued a buy rating to the company’s stock. According to data from MarketBeat, Amazon.com has an average rating of “Moderate Buy” and a consensus target price of $144.87.

Amazon.com Profile

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Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.