Banque Cantonale Vaudoise Has $47.58 Million Position in Amazon.com, Inc. (NASDAQ:AMZN)

Banque Cantonale Vaudoise lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 11.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 255,355 shares of the e-commerce giant’s stock after buying an additional 25,317 shares during the quarter. Amazon.com comprises 2.0% of Banque Cantonale Vaudoise’s portfolio, making the stock its 6th biggest holding. Banque Cantonale Vaudoise’s holdings in Amazon.com were worth $47,580,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. PayPay Securities Corp boosted its stake in shares of Amazon.com by 64.6% in the 2nd quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant’s stock valued at $32,000 after purchasing an additional 64 shares during the last quarter. Hoese & Co LLP bought a new stake in Amazon.com in the third quarter valued at about $37,000. Bull Oak Capital LLC bought a new stake in Amazon.com in the third quarter valued at approximately $45,000. Values First Advisors Inc. bought a new position in Amazon.com during the third quarter worth about $56,000. Finally, Christopher J. Hasenberg Inc lifted its stake in Amazon.com by 650.0% in the second quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant’s stock valued at $58,000 after buying an additional 260 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other Amazon.com 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 value of $625,790,203.70. Following the completion of the sale, the insider now directly owns 917,416,976 shares of the company’s stock, valued at $191,602,535,437.60. The trade was a 0.33 % decrease in their position. 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 transaction of $1,000,049.40. Following the transaction, the director now owns 99,396 shares in the company, 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 sold 6,032,344 shares of company stock valued at $1,253,456,822 in the last 90 days. Insiders own 10.80% of the company’s stock.

Amazon.com Stock Down 1.1 %

Shares of Amazon.com stock opened at $221.30 on Tuesday. 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 $144.05 and a 52-week high of $233.00. The stock has a market capitalization of $2.33 trillion, a price-to-earnings ratio of 47.39, a P/E/G ratio of 1.54 and a beta of 1.16. The company’s 50 day moving average price is $209.73 and its 200-day moving average price is $192.89.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (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 business had revenue of $158.88 billion for the quarter, compared to analysts’ expectations of $157.28 billion. During the same quarter in the prior year, the business earned $0.85 EPS. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. Equities research analysts forecast that Amazon.com, Inc. will post 5.29 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on AMZN shares. UBS Group upped their price target on Amazon.com from $230.00 to $264.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Wells Fargo & Company reissued an “equal weight” rating and set a $197.00 price target on shares of Amazon.com in a research report on Wednesday, November 20th. JPMorgan Chase & Co. increased their price objective on Amazon.com from $250.00 to $280.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. Bank of America upped their price objective on shares of Amazon.com from $210.00 to $230.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, Redburn Atlantic upped their price target on shares of Amazon.com from $225.00 to $235.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Two research analysts have rated the stock with a hold rating, forty-one have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $243.00.

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.