Dantai Capital Ltd Has $5.67 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Dantai Capital Ltd lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 10.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 30,415 shares of the e-commerce giant’s stock after purchasing an additional 2,925 shares during the period. Amazon.com comprises about 7.2% of Dantai Capital Ltd’s investment portfolio, making the stock its 3rd biggest position. Dantai Capital Ltd’s holdings in Amazon.com were worth $5,667,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Semus Wealth Partners LLC grew its stake in shares of Amazon.com by 0.3% in the 3rd quarter. Semus Wealth Partners LLC now owns 17,920 shares of the e-commerce giant’s stock worth $3,339,000 after buying an additional 49 shares during the last quarter. Bell Investment Advisors Inc boosted its holdings in Amazon.com by 1.5% in the third quarter. Bell Investment Advisors Inc now owns 3,359 shares of the e-commerce giant’s stock worth $626,000 after acquiring an additional 51 shares in the last quarter. O Connor Financial Group LLC grew its stake in shares of Amazon.com by 2.2% in the third quarter. O Connor Financial Group LLC now owns 2,536 shares of the e-commerce giant’s stock worth $473,000 after acquiring an additional 55 shares during the last quarter. Cherrydale Wealth Management LLC increased its holdings in shares of Amazon.com by 0.7% during the third quarter. Cherrydale Wealth Management LLC now owns 7,492 shares of the e-commerce giant’s stock valued at $1,396,000 after acquiring an additional 55 shares in the last quarter. Finally, Cedar Point Capital Partners LLC raised its position in shares of Amazon.com by 4.4% in the 3rd quarter. Cedar Point Capital Partners LLC now owns 1,324 shares of the e-commerce giant’s stock worth $247,000 after purchasing an additional 56 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Stifel Nicolaus increased their price objective on shares of Amazon.com from $224.00 to $245.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Bank of America increased their price target 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. Roth Mkm raised their price target on shares of Amazon.com from $220.00 to $250.00 and gave the company a “buy” rating in a research report on Monday, December 9th. Benchmark upped their price objective on Amazon.com from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Finally, Oppenheimer lifted their target price on Amazon.com from $220.00 to $230.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Two research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $245.65.

Insider Activity

In other news, Director Daniel P. Huttenlocher sold 1,237 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The stock was 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 in the company, valued at $4,958,982.72. This trade represents a 4.73 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, 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 value of $625,790,203.70. Following the completion of the sale, the insider now directly owns 917,416,976 shares in the company, valued at $191,602,535,437.60. This trade represents a 0.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 6,032,344 shares of company stock worth $1,253,456,822 over the last quarter. Insiders own 10.80% of the company’s stock.

Amazon.com Price Performance

NASDAQ:AMZN opened at $225.94 on Friday. The business’s 50-day simple moving average is $217.56 and its two-hundred day simple moving average is $196.10. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $233.00. The stock has a market cap of $2.38 trillion, a PE ratio of 48.38, a P/E/G ratio of 1.22 and a beta of 1.14. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.21.

Amazon.com (NASDAQ:AMZN) last issued 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 return on equity of 22.41% and a net margin of 8.04%. The company had revenue of $158.88 billion for the quarter, compared to the consensus estimate of $157.28 billion. During the same quarter last year, the company earned $0.85 EPS. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. As a group, analysts forecast that Amazon.com, Inc. will post 5.38 EPS for the current fiscal year.

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.