Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by James Hambro & Partners

James Hambro & Partners grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 577,892 shares of the e-commerce giant’s stock after acquiring an additional 27,365 shares during the period. Amazon.com comprises about 4.9% of James Hambro & Partners’ investment portfolio, making the stock its 9th biggest holding. James Hambro & Partners’ holdings in Amazon.com were worth $104,154,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of AMZN. Norges Bank bought a new position in shares of Amazon.com during the fourth quarter worth about $17,700,551,000. Vanguard Group Inc. lifted its position in shares of Amazon.com by 4.4% during the third quarter. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant’s stock worth $96,350,832,000 after purchasing an additional 32,038,029 shares during the last quarter. International Assets Investment Management LLC lifted its position in shares of Amazon.com by 16,029.3% during the fourth quarter. International Assets Investment Management LLC now owns 23,865,216 shares of the e-commerce giant’s stock worth $36,260,810,000 after purchasing an additional 23,717,254 shares during the last quarter. Global Assets Advisory LLC lifted its position in shares of Amazon.com by 30,350.2% during the first quarter. Global Assets Advisory LLC now owns 6,531,569 shares of the e-commerce giant’s stock worth $1,178,164,000 after purchasing an additional 6,510,119 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in shares of Amazon.com by 33.2% during the first quarter. Assenagon Asset Management S.A. now owns 14,791,685 shares of the e-commerce giant’s stock worth $2,668,124,000 after purchasing an additional 3,687,522 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Bank of America increased their price target on shares of Amazon.com from $210.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday, June 26th. DA Davidson reissued a “buy” rating and issued a $235.00 target price on shares of Amazon.com in a report on Thursday, April 18th. Stifel Nicolaus raised their target price on shares of Amazon.com from $224.00 to $228.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Argus raised their target price on shares of Amazon.com from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, May 2nd. Finally, Citigroup raised their target price on shares of Amazon.com from $235.00 to $245.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. One equities research analyst has rated the stock with a hold rating, forty-three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $215.86.

Insiders Place Their Bets

In other Amazon.com news, VP Shelley Reynolds sold 2,700 shares of Amazon.com stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $181.39, for a total transaction of $489,753.00. Following the completion of the sale, the vice president now owns 119,780 shares of the company’s stock, valued at approximately $21,726,894.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of Amazon.com stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $180.29, for a total transaction of $631,015.00. Following the completion of the sale, the chief executive officer now owns 509,358 shares of the company’s stock, valued at approximately $91,832,153.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Shelley Reynolds sold 2,700 shares of Amazon.com stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $181.39, for a total transaction of $489,753.00. Following the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $21,726,894.20. The disclosure for this sale can be found here. In the last three months, insiders have sold 69,548 shares of company stock worth $12,774,204. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Trading Up 1.2 %

NASDAQ AMZN traded up $2.38 on Friday, hitting $199.97. 16,365,729 shares of the stock were exchanged, compared to its average volume of 42,638,844. Amazon.com, Inc. has a 52-week low of $118.35 and a 52-week high of $200.55. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87. The company has a market capitalization of $2.08 trillion, a price-to-earnings ratio of 56.03, a P/E/G ratio of 1.41 and a beta of 1.15. The company’s 50-day moving average price is $185.58 and its two-hundred day moving average price is $174.31.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.15. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The firm had revenue of $143.31 billion for the quarter, compared to analysts’ expectations of $142.65 billion. During the same period in the previous year, the company posted $0.31 EPS. The company’s quarterly revenue was up 12.5% compared to the same quarter last year. Research analysts predict that Amazon.com, Inc. will post 4.72 EPS for the current year.

Amazon.com Company 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.