604,952 Shares in Amazon.com, Inc. (NASDAQ:AMZN) Acquired by Marathon Asset Management Ltd

Marathon Asset Management Ltd bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 604,952 shares of the e-commerce giant's stock, valued at approximately $112,623,000. Amazon.com makes up approximately 3.1% of Marathon Asset Management Ltd's investment portfolio, making the stock its 3rd largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PayPay Securities Corp raised its stake in shares of Amazon.com by 64.6% during the 2nd quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant's stock worth $32,000 after purchasing an additional 64 shares in the last quarter. Hoese & Co LLP acquired a new stake in Amazon.com during the third quarter worth $37,000. Christopher J. Hasenberg Inc lifted its position in shares of Amazon.com by 650.0% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant's stock worth $58,000 after buying an additional 260 shares during the period. Koesten Hirschmann & Crabtree INC. acquired a new stake in Amazon.com in the 1st quarter valued at about $69,000. Finally, Innealta Capital LLC acquired a new stake in shares of Amazon.com in the second quarter valued at approximately $77,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Trading Down 0.4 %

AMZN stock traded down $0.91 during midday trading on Monday, reaching $201.70. The company's stock had a trading volume of 35,113,516 shares, compared to its average volume of 41,602,008. The business's 50-day simple moving average is $191.16 and its 200-day simple moving average is $185.81. The stock has a market cap of $2.12 trillion, a PE ratio of 43.63, a price-to-earnings-growth ratio of 1.36 and a beta of 1.14. Amazon.com, Inc. has a 52 week low of $141.50 and a 52 week high of $215.90. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.21.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results 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. The company had revenue of $158.88 billion for 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 revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period last year, the business posted $0.85 earnings per share. As a group, sell-side analysts expect that Amazon.com, Inc. will post 5.27 EPS for the current year.

Insider Activity at Amazon.com

In related news, CEO Andrew R. Jassy sold 20,784 shares of the business's stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $180.77, for a total value of $3,757,123.68. Following the sale, the chief executive officer now directly owns 2,056,534 shares in the company, valued at approximately $371,759,651.18. The trade was a 1.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Jeffrey P. Bezos sold 2,996,362 shares of the business's 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 sale, the insider now directly owns 917,416,976 shares in the company, valued at $191,602,535,437.60. The trade was a 0.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 6,053,349 shares of company stock valued at $1,256,503,289 over the last ninety days. 10.80% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on AMZN. JPMorgan Chase & Co. raised their price target on Amazon.com from $230.00 to $250.00 and gave the company an "overweight" rating in a report on Friday, November 1st. BMO Capital Markets restated an "outperform" rating and issued a $236.00 price objective (up previously from $230.00) on shares of Amazon.com in a research note on Friday, November 1st. Loop Capital upped their price objective on Amazon.com from $225.00 to $275.00 and gave the company a "buy" rating in a report on Wednesday, November 6th. Maxim Group upped their price objective on shares of Amazon.com from $251.00 to $260.00 and gave the stock a "buy" rating in a research report on Friday, November 1st. Finally, Stifel Nicolaus boosted their target price on shares of Amazon.com from $224.00 to $245.00 and gave the stock a "buy" rating in a report on Friday, November 1st. Two 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's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $235.45.

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.