Amazon.com, Inc. (NASDAQ:AMZN) Holdings Boosted by Ycg LLC

YCG LLC lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 353,142 shares of the e-commerce giant's stock after buying an additional 2,440 shares during the period. Amazon.com makes up about 5.1% of YCG LLC's holdings, making the stock its 4th biggest holding. YCG LLC's holdings in Amazon.com were worth $65,801,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Foundations Investment Advisors LLC increased its position in shares of Amazon.com by 9.7% in the third quarter. Foundations Investment Advisors LLC now owns 184,594 shares of the e-commerce giant's stock worth $34,395,000 after acquiring an additional 16,392 shares in the last quarter. Umpqua Bank increased its holdings in Amazon.com by 0.4% in the 3rd quarter. Umpqua Bank now owns 35,120 shares of the e-commerce giant's stock valued at $6,544,000 after purchasing an additional 137 shares in the last quarter. Zhang Financial LLC increased its holdings in Amazon.com by 12.9% in the 3rd quarter. Zhang Financial LLC now owns 51,091 shares of the e-commerce giant's stock valued at $9,520,000 after purchasing an additional 5,828 shares in the last quarter. BayBridge Capital Group LLC raised its position in Amazon.com by 51.8% in the third quarter. BayBridge Capital Group LLC now owns 14,368 shares of the e-commerce giant's stock valued at $2,677,000 after purchasing an additional 4,905 shares during the period. Finally, Washington Trust Advisors Inc. lifted its stake in shares of Amazon.com by 0.4% during the third quarter. Washington Trust Advisors Inc. now owns 225,254 shares of the e-commerce giant's stock worth $41,972,000 after purchasing an additional 982 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance

Amazon.com stock traded up $1.63 during trading hours on Friday, hitting $224.92. 87,060,734 shares of the company traded hands, compared to its average volume of 41,415,395. Amazon.com, Inc. has a 1-year low of $144.05 and a 1-year high of $233.00. The firm has a market cap of $2.37 trillion, a P/E ratio of 48.16, a P/E/G ratio of 1.54 and a beta of 1.16. The firm's 50-day simple moving average is $205.83 and its two-hundred day simple moving average is $191.38. 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 quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, beating analysts' consensus estimates of $1.14 by $0.29. The business 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% on a year-over-year basis. During the same quarter last year, the business earned $0.85 earnings per share. As a group, analysts forecast that Amazon.com, Inc. will post 5.29 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 2,996,362 shares of Amazon.com stock in a transaction that occurred on 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 transaction, the insider now owns 917,416,976 shares in the company, valued at approximately $191,602,535,437.60. The trade was a 0.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Jonathan Rubinstein sold 4,351 shares of the stock in a transaction on Monday, December 9th. The shares were sold at an average price of $229.85, for a total value of $1,000,077.35. Following the sale, the director now owns 88,203 shares of the company's stock, valued at $20,273,459.55. This trade represents a 4.70 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,034,534 shares of company stock valued at $1,253,883,872. Corporate insiders own 10.80% of the company's stock.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several recent research reports. Redburn Atlantic increased their price objective on shares of Amazon.com from $225.00 to $235.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. Benchmark lifted their price target on shares of Amazon.com from $200.00 to $215.00 and gave the stock a "buy" rating in a research note on Friday, November 1st. Scotiabank upped their price objective on shares of Amazon.com from $245.00 to $246.00 and gave the company a "sector outperform" rating in a research report on Friday, November 1st. Cantor Fitzgerald reiterated an "overweight" rating and issued a $230.00 price target on shares of Amazon.com in a research note on Monday, October 7th. Finally, Susquehanna raised their price objective on Amazon.com from $220.00 to $230.00 and gave the company a "positive" rating in a research note on Friday, November 1st. Two investment analysts have rated the stock with a hold rating, forty-one have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Amazon.com has a consensus rating of "Moderate Buy" and an average price target of $243.00.

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.