Mcdonald Capital Investors Inc. CA Has $107.12 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Mcdonald Capital Investors Inc. CA reduced its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 574,906 shares of the e-commerce giant’s stock after selling 13,654 shares during the period. Amazon.com accounts for approximately 6.6% of Mcdonald Capital Investors Inc. CA’s holdings, making the stock its 7th biggest position. Mcdonald Capital Investors Inc. CA’s holdings in Amazon.com were worth $107,122,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of AMZN. Stonehearth Capital Management LLC acquired a new position in shares of Amazon.com in the 2nd quarter valued at $205,000. HBW Advisory Services LLC raised its stake in shares of Amazon.com by 7.0% in the 2nd quarter. HBW Advisory Services LLC now owns 49,825 shares of the e-commerce giant’s stock valued at $9,629,000 after buying an additional 3,274 shares in the last quarter. Stokes Family Office LLC raised its stake in shares of Amazon.com by 3.5% in the 2nd quarter. Stokes Family Office LLC now owns 35,231 shares of the e-commerce giant’s stock valued at $6,808,000 after buying an additional 1,185 shares in the last quarter. Heritage Wealth Partners LLC increased its position in shares of Amazon.com by 16.0% during the 2nd quarter. Heritage Wealth Partners LLC now owns 13,887 shares of the e-commerce giant’s stock worth $2,684,000 after purchasing an additional 1,916 shares in the last quarter. Finally, Versant Capital Management Inc increased its position in shares of Amazon.com by 59.2% during the 2nd quarter. Versant Capital Management Inc now owns 7,607 shares of the e-commerce giant’s stock worth $1,470,000 after purchasing an additional 2,828 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $210.00, for a total transaction of $735,000.00. Following the completion of the transaction, the chief executive officer now owns 524,567 shares of the company’s stock, valued at approximately $110,159,070. The trade was a 0.66 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jonathan Rubinstein sold 4,351 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $229.85, for a total value of $1,000,077.35. Following the transaction, the director now directly owns 88,203 shares of the company’s stock, valued at approximately $20,273,459.55. The trade was a 4.70 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 6,034,534 shares of company stock valued at $1,253,883,872 over the last quarter. 10.80% of the stock is owned by corporate insiders.

Amazon.com Trading Down 0.7 %

Shares of Amazon.com stock opened at $227.46 on Monday. The firm has a 50-day moving average of $201.65 and a 200-day moving average of $189.78. The stock has a market cap of $2.39 trillion, a PE ratio of 48.71, a PEG ratio of 1.54 and a beta of 1.16. Amazon.com, Inc. has a 52-week low of $144.05 and a 52-week high of $231.20. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.29. The company had revenue of $158.88 billion during the quarter, compared to analysts’ expectations of $157.28 billion. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. Amazon.com’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.85 earnings per share. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 5.29 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on AMZN shares. Sanford C. Bernstein increased their target price on shares of Amazon.com from $225.00 to $235.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Jefferies Financial Group increased their target price on shares of Amazon.com from $225.00 to $235.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Maxim Group increased their target price on shares of Amazon.com from $251.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Roth Mkm increased their target price on shares of Amazon.com from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $230.00 target price on shares of Amazon.com in a research report on Monday, October 7th. Two investment analysts have rated the stock with a hold rating, forty-one have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $238.87.

Amazon.com Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.