James Hambro & Partners LLP Purchases 25,408 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

James Hambro & Partners LLP boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 615,079 shares of the e-commerce giant’s stock after buying an additional 25,408 shares during the period. Amazon.com accounts for about 4.8% of James Hambro & Partners LLP’s investment portfolio, making the stock its 12th biggest holding. James Hambro & Partners LLP’s holdings in Amazon.com were worth $114,598,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Toth Financial Advisory Corp raised its holdings in shares of Amazon.com by 1.2% in the third quarter. Toth Financial Advisory Corp now owns 19,390 shares of the e-commerce giant’s stock worth $3,613,000 after buying an additional 234 shares during the last quarter. Wealth Effects LLC increased its holdings in Amazon.com by 0.7% in the 3rd quarter. Wealth Effects LLC now owns 61,165 shares of the e-commerce giant’s stock worth $11,397,000 after buying an additional 450 shares during the period. Clarus Group Inc. raised its position in Amazon.com by 7.2% during the 3rd quarter. Clarus Group Inc. now owns 25,198 shares of the e-commerce giant’s stock worth $4,695,000 after buying an additional 1,684 shares during the last quarter. MBE Wealth Management LLC lifted its stake in Amazon.com by 38.1% during the 3rd quarter. MBE Wealth Management LLC now owns 2,941 shares of the e-commerce giant’s stock valued at $548,000 after acquiring an additional 812 shares during the period. Finally, Triad Wealth Partners LLC boosted its holdings in shares of Amazon.com by 19.0% in the 3rd quarter. Triad Wealth Partners LLC now owns 13,026 shares of the e-commerce giant’s stock valued at $2,427,000 after acquiring an additional 2,082 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of recent research reports. UBS Group lifted their price objective on Amazon.com from $220.00 to $223.00 and gave the company a “buy” rating in a research note on Monday, October 28th. Sanford C. Bernstein boosted their price target on Amazon.com from $225.00 to $235.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $197.00 price objective on shares of Amazon.com in a research note on Wednesday. Needham & Company LLC boosted their target price on shares of Amazon.com from $210.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Finally, Rosenblatt Securities raised their price target on shares of Amazon.com from $221.00 to $236.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating, forty have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and a consensus price target of $235.77.

Amazon.com Trading Down 2.1 %

NASDAQ AMZN opened at $198.70 on Friday. The firm’s fifty day moving average price is $192.79 and its 200 day moving average price is $186.26. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87. Amazon.com, Inc. has a 12 month low of $142.81 and a 12 month high of $215.90. The company has a market capitalization of $2.09 trillion, a price-to-earnings ratio of 42.55, a price-to-earnings-growth ratio of 1.37 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) 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 business had revenue of $158.88 billion for the quarter, compared to analyst estimates of $157.28 billion. During the same quarter in the previous year, the company posted $0.85 earnings per share. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. On average, sell-side analysts expect that Amazon.com, Inc. will post 5.27 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other news, Director Jonathan Rubinstein sold 5,004 shares of Amazon.com 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. The trade was a 4.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Douglas J. Herrington sold 5,502 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $205.81, for a total transaction of $1,132,366.62. Following the sale, the chief executive officer now directly owns 518,911 shares of the company’s stock, valued at approximately $106,797,072.91. This trade represents a 1.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 6,011,423 shares of company stock valued at $1,249,093,896. Insiders own 10.80% of the company’s stock.

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.