Amazon.com, Inc. (NASDAQ:AMZN) is Cardano Risk Management B.V.’s 4th Largest Position

Cardano Risk Management B.V. boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,439,398 shares of the e-commerce giant’s stock after purchasing an additional 96,176 shares during the period. Amazon.com comprises 8.0% of Cardano Risk Management B.V.’s portfolio, making the stock its 4th largest holding. Cardano Risk Management B.V.’s holdings in Amazon.com were worth $454,533,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of AMZN. Tsfg LLC lifted its holdings in Amazon.com by 6.5% in the 2nd quarter. Tsfg LLC now owns 40,602 shares of the e-commerce giant’s stock worth $7,846,000 after purchasing an additional 2,471 shares in the last quarter. Sky Investment Group LLC boosted its position in shares of Amazon.com by 3.8% during the second quarter. Sky Investment Group LLC now owns 25,809 shares of the e-commerce giant’s stock worth $4,988,000 after acquiring an additional 940 shares during the last quarter. Key Client Fiduciary Advisors LLC grew its stake in Amazon.com by 1.0% during the second quarter. Key Client Fiduciary Advisors LLC now owns 27,844 shares of the e-commerce giant’s stock valued at $5,381,000 after acquiring an additional 273 shares in the last quarter. PGGM Investments increased its holdings in Amazon.com by 4.4% in the 2nd quarter. PGGM Investments now owns 349,715 shares of the e-commerce giant’s stock valued at $67,582,000 after acquiring an additional 14,756 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in Amazon.com by 5.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 548,166 shares of the e-commerce giant’s stock worth $105,933,000 after purchasing an additional 28,953 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Amazon.com Stock Performance

Shares of AMZN opened at $223.75 on Friday. Amazon.com, Inc. has a 1 year low of $144.05 and a 1 year high of $233.00. The stock has a 50-day simple moving average of $209.73 and a 200-day simple moving average of $192.85. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. The stock has a market capitalization of $2.35 trillion, a PE ratio of 47.91, a PEG ratio of 1.54 and a beta of 1.16.

Amazon.com (NASDAQ:AMZN) last announced its quarterly 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 net margin of 8.04% and a return on equity of 22.41%. The company had revenue of $158.88 billion for 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 firm’s revenue was up 11.0% on a year-over-year basis. On average, analysts predict that Amazon.com, Inc. will post 5.29 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other news, insider Jeffrey P. Bezos sold 2,996,362 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $208.85, for a total transaction of $625,790,203.70. Following the transaction, the insider now directly owns 917,416,976 shares in the company, valued at $191,602,535,437.60. The trade was a 0.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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 value of $246,237.22. Following the completion of the sale, the director now directly owns 24,912 shares in the company, valued at $4,958,982.72. This represents a 4.73 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 6,032,344 shares of company stock worth $1,253,456,822. 10.80% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

AMZN has been the topic of a number of research reports. JMP Securities reaffirmed a “market outperform” rating and issued a $285.00 price objective on shares of Amazon.com in a research note on Monday, December 16th. Benchmark increased their price objective on shares of Amazon.com from $200.00 to $215.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Stifel Nicolaus lifted their target price on Amazon.com from $224.00 to $245.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Moffett Nathanson boosted their price target on Amazon.com from $235.00 to $248.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, Jefferies Financial Group upped their price objective on shares of Amazon.com from $235.00 to $275.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Two analysts have rated the stock with a hold rating, forty-one have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and a consensus price target of $243.00.

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.