Amazon.com, Inc. $AMZN Stake Reduced by AMS Capital Ltda

AMS Capital Ltda lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 12.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 146,251 shares of the e-commerce giant’s stock after selling 21,042 shares during the quarter. Amazon.com comprises about 12.1% of AMS Capital Ltda’s holdings, making the stock its 3rd largest holding. AMS Capital Ltda’s holdings in Amazon.com were worth $32,086,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of AMZN. Wilson Asset Management International PTY Ltd. acquired a new stake in shares of Amazon.com in the 2nd quarter worth approximately $11,102,000. ARK Investment Management LLC raised its holdings in Amazon.com by 8.3% during the second quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock worth $250,213,000 after purchasing an additional 86,978 shares in the last quarter. Buckhead Capital Management LLC lifted its position in Amazon.com by 16.1% in the second quarter. Buckhead Capital Management LLC now owns 28,407 shares of the e-commerce giant’s stock worth $6,232,000 after purchasing an additional 3,948 shares during the period. Flaharty Asset Management LLC boosted its stake in Amazon.com by 87.7% during the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after purchasing an additional 2,377 shares in the last quarter. Finally, Border to Coast Pensions Partnership Ltd grew its holdings in Amazon.com by 6.0% during the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock worth $249,295,000 after acquiring an additional 63,924 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of research analyst reports. Rothschild Redb downgraded shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Sanford C. Bernstein set a $300.00 target price on shares of Amazon.com and gave the stock an “outperform” rating in a report on Friday, October 31st. UBS Group set a $300.00 price target on shares of Amazon.com in a research report on Friday, December 5th. Zacks Research upgraded Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Two research analysts have rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $295.43.

Insider Transactions at Amazon.com

In other news, CEO Matthew S. Garman sold 17,768 shares of the stock in a transaction on Friday, November 21st. The shares were sold at an average price of $216.90, for a total transaction of $3,853,879.20. Following the transaction, the chief executive officer owned 6,273 shares in the company, valued at $1,360,613.70. This represents a 73.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Daniel P. Huttenlocher sold 1,237 shares of the firm’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $226.61, for a total transaction of $280,316.57. Following the transaction, the director owned 26,148 shares in the company, valued at $5,925,398.28. This represents a 4.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 82,234 shares of company stock valued at $19,076,767. Insiders own 9.70% of the company’s stock.

Amazon.com Stock Performance

Shares of NASDAQ AMZN opened at $226.19 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.01 and a quick ratio of 0.80. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60. The business’s 50-day moving average price is $229.35 and its two-hundred day moving average price is $224.87. The company has a market capitalization of $2.42 trillion, a P/E ratio of 31.95, a price-to-earnings-growth ratio of 1.56 and a beta of 1.37.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.38. The business had revenue of $180.17 billion during the quarter, compared to analyst estimates of $177.53 billion. Amazon.com had a return on equity of 23.62% and a net margin of 11.06%.The firm’s revenue was up 13.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.43 EPS. Analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.