Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Increased by James Hambro & Partners LLP

James Hambro & Partners LLP increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 4.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 615,079 shares of the e-commerce giant's stock after acquiring an additional 25,408 shares during the quarter. Amazon.com makes up about 4.8% of James Hambro & Partners LLP's portfolio, making the stock its 12th biggest holding. James Hambro & Partners LLP's holdings in Amazon.com were worth $114,598,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of AMZN. Garrison Point Advisors LLC raised its stake in Amazon.com by 0.3% during the 1st quarter. Garrison Point Advisors LLC now owns 20,375 shares of the e-commerce giant's stock worth $3,675,000 after acquiring an additional 55 shares in the last quarter. Meridian Investment Counsel Inc. grew its holdings in shares of Amazon.com by 1.8% during the second quarter. Meridian Investment Counsel Inc. now owns 3,076 shares of the e-commerce giant's stock worth $594,000 after purchasing an additional 55 shares during the last quarter. O Connor Financial Group LLC increased its position in shares of Amazon.com by 2.2% during the third quarter. O Connor Financial Group LLC now owns 2,536 shares of the e-commerce giant's stock worth $473,000 after purchasing an additional 55 shares in the last quarter. Cherrydale Wealth Management LLC lifted its holdings in shares of Amazon.com by 0.7% in the 3rd quarter. Cherrydale Wealth Management LLC now owns 7,492 shares of the e-commerce giant's stock valued at $1,396,000 after purchasing an additional 55 shares during the last quarter. Finally, O Dell Group LLC boosted its position in shares of Amazon.com by 0.4% in the 1st quarter. O Dell Group LLC now owns 13,638 shares of the e-commerce giant's stock valued at $2,460,000 after purchasing an additional 57 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Trading Down 0.6 %

Amazon.com stock traded down $1.23 during midday trading on Friday, reaching $197.15. The stock had a trading volume of 7,491,490 shares, compared to its average volume of 41,448,922. The stock has a market capitalization of $2.07 trillion, a PE ratio of 42.55, a price-to-earnings-growth ratio of 1.37 and a beta of 1.14. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. The stock's 50-day simple moving average is $192.79 and its 200 day simple moving average is $186.26. Amazon.com, Inc. has a twelve month low of $142.81 and a twelve month high of $215.90.

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, topping the consensus estimate of $1.14 by $0.29. The company had revenue of $158.88 billion during the quarter, compared to analyst estimates of $157.28 billion. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The business's quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.85 earnings per share. Analysts expect that Amazon.com, Inc. will post 5.27 EPS for the current year.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 2,996,362 shares of the company's stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $208.85, for a total value of $625,790,203.70. Following the sale, the insider now owns 917,416,976 shares in the company, valued at approximately $191,602,535,437.60. This represents a 0.33 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jonathan Rubinstein sold 5,004 shares of the business'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 completion of the sale, the director now directly owns 99,396 shares of the company's stock, valued at approximately $19,864,290.60. This represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 6,011,423 shares of company stock worth $1,249,093,896 over the last 90 days. Company insiders own 10.80% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on AMZN shares. Benchmark lifted their price target on Amazon.com from $200.00 to $215.00 and gave the stock a "buy" rating in a research report on Friday, November 1st. DA Davidson reaffirmed a "buy" rating and issued a $235.00 target price on shares of Amazon.com in a report on Thursday, October 10th. Barclays increased their price target on shares of Amazon.com from $220.00 to $235.00 and gave the stock an "overweight" rating in a research note on Friday, August 2nd. Wells Fargo & Company reaffirmed an "equal weight" rating and issued a $197.00 target price on shares of Amazon.com in a report on Wednesday. Finally, Sanford C. Bernstein lifted their target price on Amazon.com from $225.00 to $235.00 and gave the company an "outperform" rating in a research note on Friday, November 1st. Two investment analysts have rated the stock with a hold rating, forty have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $235.77.

About Amazon.com

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.