Little House Capital LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 10.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 65,616 shares of the e-commerce giant's stock after purchasing an additional 6,015 shares during the period. Amazon.com comprises 3.5% of Little House Capital LLC's investment portfolio, making the stock its 5th largest position. Little House Capital LLC's holdings in Amazon.com were worth $12,226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in shares of Amazon.com by 1.9% during the first quarter. Vanguard Group Inc. now owns 785,811,114 shares of the e-commerce giant's stock valued at $141,744,609,000 after buying an additional 14,724,687 shares during the period. Capital Research Global Investors raised its holdings in Amazon.com by 8.5% in the first quarter. Capital Research Global Investors now owns 86,982,857 shares of the e-commerce giant's stock worth $15,689,968,000 after purchasing an additional 6,810,145 shares in the last quarter. Legal & General Group Plc grew its position in shares of Amazon.com by 1.5% in the 2nd quarter. Legal & General Group Plc now owns 69,686,374 shares of the e-commerce giant's stock worth $13,466,933,000 after buying an additional 1,042,177 shares during the period. Bank of New York Mellon Corp lifted its position in Amazon.com by 0.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 67,745,972 shares of the e-commerce giant's stock valued at $13,091,909,000 after acquiring an additional 289,532 shares during the period. Finally, Capital International Investors grew its holdings in Amazon.com by 7.4% in the first quarter. Capital International Investors now owns 42,370,172 shares of the e-commerce giant's stock worth $7,642,732,000 after purchasing an additional 2,932,192 shares during the period. Institutional investors own 72.20% of the company's stock.
Amazon.com Price Performance
AMZN traded down $1.26 on Friday, hitting $197.12. 31,530,844 shares of the company's stock traded hands, compared to its average volume of 47,246,564. The company's 50 day simple moving average is $193.00 and its 200-day simple moving average is $186.31. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. Amazon.com, Inc. has a one year low of $142.81 and a one year high of $215.90. The firm has a market cap of $2.07 trillion, a price-to-earnings ratio of 42.21, a P/E/G ratio of 1.33 and a beta of 1.14.
Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.29. The firm had revenue of $158.88 billion for 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%. The company's revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.85 earnings per share. As a group, research analysts anticipate that Amazon.com, Inc. will post 5.27 EPS for the current year.
Insider Activity
In other Amazon.com news, insider Jeffrey P. Bezos sold 2,996,362 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $208.85, for a total transaction of $625,790,203.70. Following the completion of the transaction, the insider now owns 917,416,976 shares in the company, valued at $191,602,535,437.60. This trade represents a 0.33 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Douglas J. Herrington sold 5,502 shares of the business's stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $205.81, for a total transaction of $1,132,366.62. Following the completion of the sale, the chief executive officer now owns 518,911 shares in the company, valued at approximately $106,797,072.91. This trade represents a 1.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 6,011,423 shares of company stock worth $1,249,093,896 over the last 90 days. Corporate insiders own 10.80% of the company's stock.
Analyst Ratings Changes
A number of research analysts recently weighed in on AMZN shares. Needham & Company LLC raised their price objective on Amazon.com from $210.00 to $250.00 and gave the company a "buy" rating in a research report on Thursday, November 14th. Benchmark raised their price objective on shares of Amazon.com from $200.00 to $215.00 and gave the company a "buy" rating in a research note on Friday, November 1st. UBS Group increased their price target on shares of Amazon.com from $220.00 to $223.00 and gave the company a "buy" rating in a report on Monday, October 28th. TD Cowen boosted their price objective on shares of Amazon.com from $230.00 to $240.00 and gave the stock a "buy" rating in a report on Friday, November 1st. Finally, JMP Securities upped their price objective on Amazon.com from $265.00 to $285.00 and gave the company a "market outperform" rating in a research report on Friday, November 1st. Two analysts have rated the stock with a hold rating, forty have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $235.77.
Read Our Latest Report on Amazon.com
Amazon.com Company Profile
(
Free Report)
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.
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