Healthcare of Ontario Pension Plan Trust Fund Has $157.71 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Healthcare of Ontario Pension Plan Trust Fund trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 19.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 846,382 shares of the e-commerce giant’s stock after selling 207,576 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Amazon.com were worth $157,706,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. WorthPointe LLC lifted its holdings in shares of Amazon.com by 7.1% during the 3rd quarter. WorthPointe LLC now owns 3,640 shares of the e-commerce giant’s stock valued at $678,000 after buying an additional 241 shares during the last quarter. Soros Capital Management LLC grew its holdings in Amazon.com by 362.4% during the third quarter. Soros Capital Management LLC now owns 106,273 shares of the e-commerce giant’s stock valued at $19,802,000 after purchasing an additional 83,291 shares during the last quarter. Insight Wealth Partners LLC raised its holdings in Amazon.com by 12.4% in the 3rd quarter. Insight Wealth Partners LLC now owns 11,111 shares of the e-commerce giant’s stock worth $2,070,000 after acquiring an additional 1,226 shares during the period. Hardy Reed LLC lifted its position in shares of Amazon.com by 0.7% during the 3rd quarter. Hardy Reed LLC now owns 31,781 shares of the e-commerce giant’s stock worth $5,922,000 after purchasing an additional 235 shares during the last quarter. Finally, Baldwin Investment Management LLC increased its position in Amazon.com by 15.5% in the 3rd quarter. Baldwin Investment Management LLC now owns 42,135 shares of the e-commerce giant’s stock worth $7,851,000 after buying an additional 5,650 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Stock Up 1.5 %

Amazon.com stock opened at $227.61 on Tuesday. Amazon.com, Inc. has a fifty-two week low of $146.15 and a fifty-two week high of $233.00. The firm has a market capitalization of $2.39 trillion, a PE ratio of 48.74, a P/E/G ratio of 1.54 and a beta of 1.14. The company’s 50-day moving average is $213.85 and its 200-day moving average is $194.50. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, topping the consensus estimate of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The company had revenue of $158.88 billion during the quarter, compared to the consensus estimate of $157.28 billion. During the same period in the previous year, the company posted $0.85 EPS. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. Sell-side analysts anticipate that Amazon.com, Inc. will post 5.29 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In other news, Director Jonathan Rubinstein sold 5,004 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $199.85, for a total transaction of $1,000,049.40. Following the completion of the sale, the director now owns 99,396 shares in the company, valued at $19,864,290.60. The trade was a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Jeffrey P. Bezos sold 2,996,362 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $208.85, for a total value of $625,790,203.70. Following the transaction, the insider now owns 917,416,976 shares in the company, valued at approximately $191,602,535,437.60. This trade represents a 0.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 6,032,344 shares of company stock worth $1,253,456,822 over the last ninety days. Insiders own 10.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AMZN. Telsey Advisory Group boosted their price objective on shares of Amazon.com from $215.00 to $235.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. JPMorgan Chase & Co. boosted their price target on Amazon.com from $250.00 to $280.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. The Goldman Sachs Group lifted their target price on shares of Amazon.com from $230.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Wells Fargo & Company reiterated an “equal weight” rating and set a $197.00 price target on shares of Amazon.com in a research report on Wednesday, November 20th. Finally, DA Davidson reiterated a “buy” rating and issued a $235.00 price objective on shares of Amazon.com in a research report on Thursday, October 10th. Two research analysts have rated the stock with a hold rating, forty-one have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $243.67.

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.