Janus Henderson Group PLC lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,503,025 shares of the e-commerce giant's stock after acquiring an additional 969,227 shares during the quarter. Amazon.com accounts for 2.9% of Janus Henderson Group PLC's holdings, making the stock its 4th biggest position. Janus Henderson Group PLC owned approximately 0.29% of Amazon.com worth $5,683,575,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Tevis Investment Management grew its position in shares of Amazon.com by 5.7% during the second quarter. Tevis Investment Management now owns 3,784 shares of the e-commerce giant's stock worth $731,000 after acquiring an additional 203 shares during the last quarter. Bridge Advisory LLC boosted its holdings in Amazon.com by 4.9% in the 2nd quarter. Bridge Advisory LLC now owns 9,367 shares of the e-commerce giant's stock valued at $1,810,000 after purchasing an additional 440 shares in the last quarter. Geneos Wealth Management Inc. increased its position in Amazon.com by 2.9% during the 2nd quarter. Geneos Wealth Management Inc. now owns 108,381 shares of the e-commerce giant's stock worth $20,945,000 after purchasing an additional 3,042 shares during the period. U S Global Investors Inc. raised its stake in shares of Amazon.com by 117.8% during the 2nd quarter. U S Global Investors Inc. now owns 11,980 shares of the e-commerce giant's stock worth $2,315,000 after buying an additional 6,480 shares in the last quarter. Finally, Vinland Capital Management Gestora de Recursos LTDA. acquired a new stake in shares of Amazon.com in the 2nd quarter valued at approximately $3,865,000. Hedge funds and other institutional investors own 72.20% of the company's stock.
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 stock was 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Matthew S. Garman sold 15,260 shares of the company's stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $200.19, for a total value of $3,054,899.40. Following the completion of the sale, the chief executive officer now directly owns 349,261 shares of the company's stock, valued at $69,918,559.59. The trade was a 4.19 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 6,032,344 shares of company stock worth $1,253,456,822. 10.80% of the stock is currently owned by company insiders.
Amazon.com Trading Down 1.4 %
Shares of AMZN traded down $3.19 during mid-day trading on Friday, reaching $218.94. The company had a trading volume of 36,744,101 shares, compared to its average volume of 30,529,361. Amazon.com, Inc. has a fifty-two week low of $149.91 and a fifty-two week high of $233.00. The firm has a fifty day simple moving average of $216.20 and a 200-day simple moving average of $195.41. The stock has a market cap of $2.30 trillion, a price-to-earnings ratio of 46.88, a price-to-earnings-growth ratio of 1.54 and a beta of 1.14. 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 (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share for the quarter, beating analysts' consensus estimates 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 return on equity of 22.41% and a net margin of 8.04%. The firm's revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.85 earnings per share. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 5.29 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several research analysts have issued reports on the company. Wedbush increased their price objective on Amazon.com from $250.00 to $260.00 and gave the stock an "outperform" rating in a research report on Monday, January 6th. Telsey Advisory Group increased their price target on shares of Amazon.com from $215.00 to $235.00 and gave the company an "outperform" rating in a report on Friday, November 1st. Pivotal Research began coverage on shares of Amazon.com in a report on Friday, October 11th. They set a "buy" rating and a $260.00 price objective on the stock. UBS Group increased their target price on shares of Amazon.com from $230.00 to $264.00 and gave the company a "buy" rating in a report on Monday, December 16th. Finally, Roth Mkm upped their price target on Amazon.com from $220.00 to $250.00 and gave the stock a "buy" rating in a report on Monday, December 9th. Two equities research analysts have rated the stock with a hold rating, forty-one have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Amazon.com presently has an average rating of "Moderate Buy" and a consensus price target of $243.67.
Check Out Our Latest Stock Analysis on AMZN
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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