Dupont Capital Management Corp Has $38.23 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Dupont Capital Management Corp reduced its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 6.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 205,162 shares of the e-commerce giant’s stock after selling 15,102 shares during the quarter. Amazon.com accounts for approximately 3.2% of Dupont Capital Management Corp’s holdings, making the stock its 6th biggest position. Dupont Capital Management Corp’s holdings in Amazon.com were worth $38,228,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. China Universal Asset Management Co. Ltd. lifted its holdings in shares of Amazon.com by 31.6% in the 1st quarter. China Universal Asset Management Co. Ltd. now owns 182,359 shares of the e-commerce giant’s stock worth $32,894,000 after buying an additional 43,759 shares during the period. Quent Capital LLC lifted its stake in shares of Amazon.com by 3.3% during the 1st quarter. Quent Capital LLC now owns 33,729 shares of the e-commerce giant’s stock worth $6,084,000 after purchasing an additional 1,081 shares during the last quarter. Empowered Funds LLC raised its stake in Amazon.com by 13.5% in the first quarter. Empowered Funds LLC now owns 185,064 shares of the e-commerce giant’s stock valued at $33,382,000 after buying an additional 22,071 shares during the last quarter. PFG Advisors raised its stake in Amazon.com by 4.5% in the first quarter. PFG Advisors now owns 62,181 shares of the e-commerce giant’s stock valued at $11,216,000 after buying an additional 2,681 shares during the last quarter. Finally, Aull & Monroe Investment Management Corp raised its stake in Amazon.com by 6.6% in the first quarter. Aull & Monroe Investment Management Corp now owns 1,578 shares of the e-commerce giant’s stock valued at $285,000 after buying an additional 98 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently commented on AMZN shares. Susquehanna raised their target price on Amazon.com from $220.00 to $230.00 and gave the stock a “positive” rating in a report on Friday, November 1st. DA Davidson restated a “buy” rating and issued a $235.00 target price on shares of Amazon.com in a research report on Thursday, October 10th. JPMorgan Chase & Co. raised their target price on Amazon.com from $230.00 to $250.00 and gave the company an “overweight” rating in a research report on Friday, November 1st. Sanford C. Bernstein lifted their price objective on Amazon.com from $225.00 to $235.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Finally, Rosenblatt Securities raised their target price on Amazon.com from $221.00 to $236.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating, forty have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $235.77.

Amazon.com Trading Down 0.6 %

Shares of AMZN stock opened at $197.12 on Monday. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. Amazon.com, Inc. has a twelve month low of $142.81 and a twelve month high of $215.90. The company has a market capitalization of $2.07 trillion, a P/E ratio of 42.21, a price-to-earnings-growth ratio of 1.33 and a beta of 1.14. The business’s 50 day moving average is $193.00 and its two-hundred day moving average is $186.29.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, beating the consensus estimate of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The firm had revenue of $158.88 billion during the quarter, compared to analyst estimates of $157.28 billion. During the same period in the prior year, the firm posted $0.85 earnings per share. The business’s quarterly revenue was up 11.0% compared to the same quarter last year. Equities analysts forecast that Amazon.com, Inc. will post 5.27 EPS for the current year.

Insider Transactions at Amazon.com

In related news, insider Jeffrey P. Bezos sold 2,996,362 shares of Amazon.com stock in a transaction dated 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 $191,602,535,437.60. This trade represents a 0.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Daniel P. Huttenlocher sold 1,237 shares of Amazon.com stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $199.06, for a total transaction of $246,237.22. Following the completion of the transaction, the director now owns 24,912 shares of the company’s stock, valued at $4,958,982.72. This trade represents a 4.73 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,011,423 shares of company stock worth $1,249,093,896. 10.80% of the stock is currently owned by company insiders.

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.