Amazon.com, Inc. $AMZN Stock Holdings Lifted by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 6.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 778,697 shares of the e-commerce giant’s stock after purchasing an additional 44,701 shares during the period. Amazon.com comprises 2.8% of J. Safra Sarasin Holding AG’s holdings, making the stock its 4th biggest position. J. Safra Sarasin Holding AG’s holdings in Amazon.com were worth $171,069,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Barlow Wealth Partners Inc. raised its position in shares of Amazon.com by 0.4% in the 2nd quarter. Barlow Wealth Partners Inc. now owns 12,565 shares of the e-commerce giant’s stock worth $2,763,000 after acquiring an additional 44 shares in the last quarter. Probity Advisors Inc. grew its stake in Amazon.com by 0.4% in the second quarter. Probity Advisors Inc. now owns 12,157 shares of the e-commerce giant’s stock valued at $2,667,000 after purchasing an additional 45 shares during the last quarter. IMPACTfolio LLC raised its holdings in Amazon.com by 3.8% in the third quarter. IMPACTfolio LLC now owns 1,225 shares of the e-commerce giant’s stock worth $269,000 after purchasing an additional 45 shares in the last quarter. Cadence Wealth Management LLC lifted its position in shares of Amazon.com by 3.5% during the third quarter. Cadence Wealth Management LLC now owns 1,328 shares of the e-commerce giant’s stock valued at $292,000 after buying an additional 45 shares during the last quarter. Finally, Union Savings Bank boosted its holdings in shares of Amazon.com by 0.4% in the 2nd quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant’s stock valued at $2,510,000 after buying an additional 45 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Trading Down 0.4%

Shares of NASDAQ:AMZN opened at $198.79 on Tuesday. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $258.60. The stock has a market cap of $2.13 trillion, a price-to-earnings ratio of 27.73, a PEG ratio of 1.27 and a beta of 1.37. The business has a 50-day moving average price of $230.12 and a 200-day moving average price of $228.57.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.02). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The business had revenue of $213.39 billion during the quarter, compared to analyst estimates of $211.02 billion. During the same quarter last year, the company posted $1.86 EPS. Amazon.com’s quarterly revenue was up 13.6% compared to the same quarter last year. Equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 1,000 shares of the business’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $208.00, for a total transaction of $208,000.00. Following the completion of the transaction, the chief executive officer directly owned 504,934 shares in the company, valued at $105,026,272. The trade was a 0.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $216.94, for a total value of $4,311,031.68. Following the sale, the chief executive officer directly owned 2,208,310 shares in the company, valued at $479,070,771.40. This represents a 0.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 42,377 shares of company stock worth $9,236,277 over the last ninety days. 10.80% of the stock is owned by insiders.

Trending Headlines about Amazon.com

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Wall Street Analyst Weigh In

Several research firms recently commented on AMZN. Susquehanna set a $300.00 price objective on shares of Amazon.com and gave the stock a “positive” rating in a research note on Friday, October 31st. Arete Research upped their price target on Amazon.com from $283.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. DZ Bank upgraded Amazon.com to a “strong-buy” rating in a report on Friday, February 6th. Weiss Ratings restated a “buy (b)” rating on shares of Amazon.com in a research note on Monday, December 29th. Finally, BNP Paribas Exane assumed coverage on Amazon.com in a research note on Monday, November 24th. They issued an “outperform” rating for the company. One analyst has rated the stock with a Strong Buy rating, fifty-four have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $287.48.

Get Our Latest Stock Report on AMZN

Amazon.com Company Profile

(Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

See Also

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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