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

Guggenheim Capital LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 14.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,794,306 shares of the e-commerce giant’s stock after acquiring an additional 220,060 shares during the period. Amazon.com accounts for about 1.6% of Guggenheim Capital LLC’s holdings, making the stock its 4th biggest position. Guggenheim Capital LLC’s holdings in Amazon.com were worth $185,334,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AMZN. USAdvisors Wealth Management LLC increased its stake in shares of Amazon.com by 12.5% during the fourth quarter. USAdvisors Wealth Management LLC now owns 3,242 shares of the e-commerce giant’s stock worth $272,000 after acquiring an additional 359 shares during the period. McGlone Suttner Wealth Management Inc. acquired a new stake in Amazon.com in the fourth quarter valued at about $426,000. Veritas Asset Management LLP boosted its holdings in Amazon.com by 19.6% in the 4th quarter. Veritas Asset Management LLP now owns 7,868,621 shares of the e-commerce giant’s stock valued at $660,964,000 after purchasing an additional 1,286,797 shares in the last quarter. Mayfair Advisory Group LLC increased its position in Amazon.com by 12.0% during the 1st quarter. Mayfair Advisory Group LLC now owns 4,561 shares of the e-commerce giant’s stock worth $468,000 after purchasing an additional 488 shares during the period. Finally, Little House Capital LLC raised its stake in shares of Amazon.com by 6.3% during the 1st quarter. Little House Capital LLC now owns 37,942 shares of the e-commerce giant’s stock worth $3,919,000 after buying an additional 2,251 shares in the last quarter. 57.96% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Amazon.com

In related news, VP Shelley Reynolds sold 3,100 shares of the stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $133.87, for a total transaction of $414,997.00. Following the completion of the sale, the vice president now owns 119,780 shares of the company’s stock, valued at approximately $16,034,948.60. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $133.87, for a total transaction of $414,997.00. Following the completion of the sale, the vice president now directly owns 119,780 shares in the company, valued at $16,034,948.60. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Douglas J. Herrington sold 4,000 shares of the stock in a transaction on Friday, September 1st. The stock was sold at an average price of $139.48, for a total transaction of $557,920.00. Following the completion of the sale, the chief executive officer now directly owns 526,316 shares of the company’s stock, valued at approximately $73,410,555.68. The disclosure for this sale can be found here. Insiders have sold a total of 1,365,829 shares of company stock worth $49,002,857 in the last three months. 12.70% of the stock is currently owned by company insiders.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $135.36 on Thursday. The company has a market cap of $1.40 trillion, a P/E ratio of 106.58, a P/E/G ratio of 1.83 and a beta of 1.24. The firm’s 50 day moving average is $133.41 and its two-hundred day moving average is $116.96. Amazon.com, Inc. has a fifty-two week low of $81.43 and a fifty-two week high of $143.63. The company has a quick ratio of 0.70, a current ratio of 0.95 and a debt-to-equity ratio of 0.37.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, August 3rd. The e-commerce giant reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.29. Amazon.com had a return on equity of 9.14% and a net margin of 2.43%. The business had revenue of $134.38 billion for the quarter, compared to analyst estimates of $131.54 billion. Analysts expect that Amazon.com, Inc. will post 2.23 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Jefferies Financial Group lifted their price target on Amazon.com from $135.00 to $150.00 in a research note on Wednesday, June 21st. Barclays boosted their target price on shares of Amazon.com from $140.00 to $180.00 and gave the stock an “overweight” rating in a research report on Monday, August 7th. Sanford C. Bernstein upped their price target on shares of Amazon.com from $140.00 to $155.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 19th. Loop Capital raised their price objective on shares of Amazon.com from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, August 23rd. Finally, Benchmark upped their target price on shares of Amazon.com from $130.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, August 4th. Two investment analysts have rated the stock with a hold rating and forty-eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $160.87.

Amazon.com Company Profile

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.