Amazon.com, Inc. (NASDAQ:AMZN) Holdings Lifted by Sapient Capital LLC

Sapient Capital LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 543,289 shares of the e-commerce giant's stock after purchasing an additional 4,632 shares during the period. Amazon.com makes up approximately 2.0% of Sapient Capital LLC's portfolio, making the stock its 8th biggest holding. Sapient Capital LLC's holdings in Amazon.com were worth $101,231,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of AMZN. PayPay Securities Corp grew its holdings in Amazon.com by 64.6% in the 2nd quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant's stock worth $32,000 after buying an additional 64 shares in the last quarter. Hoese & Co LLP acquired a new stake in shares of Amazon.com in the third quarter valued at about $37,000. Christopher J. Hasenberg Inc raised its stake in shares of Amazon.com by 650.0% in the second quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant's stock valued at $58,000 after acquiring an additional 260 shares during the last quarter. Koesten Hirschmann & Crabtree INC. bought a new stake in shares of Amazon.com during the first quarter worth $69,000. Finally, Innealta Capital LLC bought a new stake in shares of Amazon.com during the 2nd quarter valued at $77,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Stock Up 1.0 %

NASDAQ AMZN traded up $2.07 during trading on Tuesday, reaching $208.91. The company's stock had a trading volume of 38,860,271 shares, compared to its average volume of 41,399,859. Amazon.com, Inc. has a 1-year low of $139.52 and a 1-year high of $212.25. The business has a 50-day moving average price of $188.40 and a 200-day moving average price of $184.95. 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 stock has a market capitalization of $2.20 trillion, a PE ratio of 44.18, a PEG ratio of 1.40 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced 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. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The company had revenue of $158.88 billion during the quarter, compared to analyst estimates of $157.28 billion. During the same period last year, the company posted $0.85 earnings per share. The firm's quarterly revenue was up 11.0% compared to the same quarter last year. On average, research analysts forecast that Amazon.com, Inc. will post 5.27 earnings per share for the current fiscal year.

Insider Activity at Amazon.com

In other news, insider Jeffrey P. Bezos sold 2,996,362 shares of the stock in a transaction dated 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 directly owns 917,416,976 shares in the company, valued at $191,602,535,437.60. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, CFO Brian T. Olsavsky sold 14,600 shares of the business's stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $180.00, for a total value of $2,628,000.00. Following the completion of the sale, the chief financial officer now directly owns 49,000 shares in the company, valued at approximately $8,820,000. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Jeffrey P. Bezos sold 2,996,362 shares of the company's stock in a transaction that occurred on Friday, November 8th. The stock was 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 of the company's stock, valued at approximately $191,602,535,437.60. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,053,349 shares of company stock valued at $1,256,503,289. 10.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

AMZN has been the subject of a number of recent research reports. Evercore ISI increased their price objective on shares of Amazon.com from $240.00 to $260.00 and gave the stock an "outperform" rating in a research note on Friday, November 1st. Piper Sandler raised their price objective on Amazon.com from $215.00 to $225.00 and gave the stock an "overweight" rating in a research report on Friday, November 1st. JMP Securities boosted their price target on shares of Amazon.com from $265.00 to $285.00 and gave the company a "market outperform" rating in a research note on Friday, November 1st. Jefferies Financial Group boosted their target price on shares of Amazon.com from $225.00 to $235.00 and gave the company a "buy" rating in a research note on Friday, November 1st. Finally, Sanford C. Bernstein raised their price objective on shares of Amazon.com from $225.00 to $235.00 and gave the company an "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 given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $234.55.

Amazon.com 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.