Amazon.com, Inc. (NASDAQ:AMZN) is Janus Henderson Group PLC’s 4th Largest Position

Janus Henderson Group PLC increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 7.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,662,084 shares of the e-commerce giant’s stock after purchasing an additional 2,159,059 shares during the quarter. Amazon.com makes up approximately 3.6% of Janus Henderson Group PLC’s portfolio, making the stock its 4th biggest holding. Janus Henderson Group PLC owned 0.31% of Amazon.com worth $7,165,639,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Prudent Man Investment Management Inc. bought a new position in Amazon.com in the 4th quarter worth approximately $27,000. Accordant Advisory Group Inc boosted its holdings in shares of Amazon.com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock worth $27,000 after acquiring an additional 100 shares during the period. LSV Asset Management bought a new position in shares of Amazon.com in the fourth quarter worth $35,000. Perritt Capital Management Inc grew its position in shares of Amazon.com by 72.7% in the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant’s stock valued at $42,000 after purchasing an additional 80 shares in the last quarter. Finally, Compass Planning Associates Inc bought a new stake in shares of Amazon.com during the 4th quarter valued at $51,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 1.0%

Amazon.com stock opened at $200.99 on Tuesday. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. The company has a market cap of $2.13 trillion, a P/E ratio of 36.35, a P/E/G ratio of 1.50 and a beta of 1.30. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The business has a 50-day simple moving average of $190.16 and a two-hundred day simple moving average of $208.75.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.21. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The company had revenue of $155.67 billion during the quarter, compared to analyst estimates of $154.96 billion. During the same period in the previous year, the business posted $0.98 earnings per share. The firm’s quarterly revenue was up 8.6% compared to the same quarter last year. Analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity

In related news, Director Keith Brian Alexander sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $210.68, for a total transaction of $210,680.00. Following the completion of the transaction, the director now directly owns 5,465 shares in the company, valued at approximately $1,151,366.20. The trade was a 15.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Shelley Reynolds sold 2,695 shares of the stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $200.79, for a total transaction of $541,129.05. Following the completion of the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at $24,050,626.20. This represents a 2.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 99,537 shares of company stock valued at $20,018,625 in the last 90 days. Company insiders own 9.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Bank of America dropped their price objective on Amazon.com from $257.00 to $225.00 and set a “buy” rating on the stock in a report on Wednesday, April 9th. Maxim Group upped their price target on Amazon.com from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Westpark Capital restated a “buy” rating and issued a $280.00 price objective on shares of Amazon.com in a research report on Friday, May 2nd. BNP Paribas raised shares of Amazon.com to a “hold” rating in a research note on Wednesday, April 30th. Finally, Phillip Securities lowered shares of Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, February 10th. Four research analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company’s stock. According to MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and an average price target of $244.09.

Amazon.com Company 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.