Carrera Capital Advisors Has $2.74 Million Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Carrera Capital Advisors grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 18.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,703 shares of the e-commerce giant's stock after buying an additional 2,317 shares during the quarter. Amazon.com accounts for approximately 0.7% of Carrera Capital Advisors' holdings, making the stock its 24th biggest holding. Carrera Capital Advisors' holdings in Amazon.com were worth $2,740,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Accredited Investors Inc. boosted its position in Amazon.com by 0.5% in the third quarter. Accredited Investors Inc. now owns 294,890 shares of the e-commerce giant's stock valued at $54,947,000 after buying an additional 1,517 shares in the last quarter. Commonwealth Retirement Investments LLC boosted its holdings in shares of Amazon.com by 22.7% in the 3rd quarter. Commonwealth Retirement Investments LLC now owns 5,747 shares of the e-commerce giant's stock worth $1,071,000 after acquiring an additional 1,062 shares in the last quarter. Missouri Trust & Investment Co grew its position in Amazon.com by 12.0% during the 3rd quarter. Missouri Trust & Investment Co now owns 21,034 shares of the e-commerce giant's stock worth $3,919,000 after acquiring an additional 2,255 shares during the last quarter. Cumberland Partners Ltd increased its holdings in Amazon.com by 1.4% during the 3rd quarter. Cumberland Partners Ltd now owns 182,888 shares of the e-commerce giant's stock valued at $34,078,000 after purchasing an additional 2,462 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC raised its position in Amazon.com by 7.0% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 525,823 shares of the e-commerce giant's stock valued at $97,977,000 after purchasing an additional 34,298 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN traded up $1.38 during trading on Monday, reaching $226.30. 9,827,518 shares of the stock were exchanged, compared to its average volume of 41,290,434. Amazon.com, Inc. has a 12 month low of $144.05 and a 12 month high of $233.00. The stock has a 50-day moving average price of $205.83 and a 200-day moving average price of $191.38. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. The firm has a market cap of $2.38 trillion, a PE ratio of 48.46, a PEG ratio of 1.54 and a beta of 1.16.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share 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 firm had revenue of $158.88 billion for the quarter, compared to analysts' expectations of $157.28 billion. During the same quarter last year, the business earned $0.85 EPS. The company's quarterly revenue was up 11.0% compared to the same quarter last year. Research analysts expect that Amazon.com, Inc. will post 5.29 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In other Amazon.com news, Director Jonathan Rubinstein sold 5,004 shares of the firm's stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $199.85, for a total value of $1,000,049.40. Following the transaction, the director now directly owns 99,396 shares of the company's stock, valued at $19,864,290.60. This trade represents a 4.79 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP David Zapolsky sold 2,190 shares of the company's stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $195.00, for a total transaction of $427,050.00. Following the sale, the senior vice president now directly owns 62,420 shares of the company's stock, valued at approximately $12,171,900. This trade represents a 3.39 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 6,034,534 shares of company stock valued at $1,253,883,872. 10.80% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on AMZN. Susquehanna raised their target price on Amazon.com from $220.00 to $230.00 and gave the company a "positive" rating in a research note on Friday, November 1st. Piper Sandler boosted their target price on shares of Amazon.com from $215.00 to $225.00 and gave the stock an "overweight" rating in a research note on Friday, November 1st. Monness Crespi & Hardt increased their price target on shares of Amazon.com from $225.00 to $245.00 and gave the company a "buy" rating in a research note on Friday, November 1st. Robert W. Baird boosted their price objective on shares of Amazon.com from $220.00 to $260.00 and gave the stock an "outperform" rating in a research report on Friday, December 13th. 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 investment analysts have rated the stock with a hold rating, forty-one have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Amazon.com has an average rating of "Moderate Buy" and an average target price of $243.00.

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.