Windacre Partnership LLC Boosts Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Windacre Partnership LLC grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 4.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,532,100 shares of the e-commerce giant’s stock after acquiring an additional 347,000 shares during the period. Amazon.com comprises about 18.7% of Windacre Partnership LLC’s portfolio, making the stock its largest holding. Windacre Partnership LLC owned 0.07% of Amazon.com worth $1,403,456,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. ACT Advisors LLC. increased its holdings in shares of Amazon.com by 23.3% in the second quarter. ACT Advisors LLC. now owns 2,883 shares of the e-commerce giant’s stock valued at $557,000 after purchasing an additional 545 shares during the last quarter. Oldfather Financial Services LLC boosted its holdings in shares of Amazon.com by 15.2% during the 2nd quarter. Oldfather Financial Services LLC now owns 2,124 shares of the e-commerce giant’s stock worth $410,000 after buying an additional 281 shares during the period. TrueWealth Advisors LLC grew its stake in Amazon.com by 6.3% in the 2nd quarter. TrueWealth Advisors LLC now owns 7,061 shares of the e-commerce giant’s stock valued at $1,365,000 after buying an additional 416 shares during the last quarter. Silverleafe Capital Partners LLC raised its holdings in Amazon.com by 2.5% in the 2nd quarter. Silverleafe Capital Partners LLC now owns 4,685 shares of the e-commerce giant’s stock valued at $905,000 after acquiring an additional 115 shares during the period. Finally, Planned Solutions Inc. acquired a new stake in Amazon.com during the second quarter worth approximately $202,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In related news, Director Daniel P. Huttenlocher sold 1,237 shares of the business’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $199.06, for a total value of $246,237.22. Following the transaction, the director now owns 24,912 shares in the company, valued at $4,958,982.72. The trade was a 4.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jonathan Rubinstein sold 5,004 shares of the 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 sale, the director now owns 99,396 shares of the company’s stock, valued at approximately $19,864,290.60. The trade was a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 6,032,344 shares of company stock worth $1,253,456,822 over the last ninety days. Insiders own 10.80% of the company’s stock.

Wall Street Analyst Weigh In

AMZN has been the topic of a number of recent research reports. Morgan Stanley increased their target price on Amazon.com from $210.00 to $230.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. Wells Fargo & Company reissued an “equal weight” rating and set a $197.00 target price on shares of Amazon.com in a report on Wednesday, November 20th. Benchmark upped their price target on shares of Amazon.com from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Mizuho lifted 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 Tuesday, December 10th. Finally, Redburn Atlantic increased their target price on shares of Amazon.com from $225.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Two analysts have rated the stock with a hold rating, forty-one have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com currently has a consensus rating of “Moderate Buy” and an average price target of $243.67.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $218.94 on Monday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. Amazon.com, Inc. has a 52 week low of $149.91 and a 52 week high of $233.00. The firm has a market cap of $2.30 trillion, a PE ratio of 46.88, a price-to-earnings-growth ratio of 1.54 and a beta of 1.14. The firm’s fifty day moving average is $216.20 and its 200-day moving average is $195.42.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, topping the consensus estimate of $1.14 by $0.29. The firm had revenue of $158.88 billion for the quarter, compared to the consensus estimate of $157.28 billion. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The business’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.85 EPS. Sell-side analysts predict that Amazon.com, Inc. will post 5.29 earnings per share for the current year.

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.