Baillie Gifford & Co. Has $7.91 Billion Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Baillie Gifford & Co. lessened its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 6.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,052,157 shares of the e-commerce giant’s stock after selling 2,415,965 shares during the quarter. Amazon.com comprises 6.1% of Baillie Gifford & Co.’s holdings, making the stock its biggest position. Baillie Gifford & Co. owned 0.34% of Amazon.com worth $7,909,483,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Accordant Advisory Group Inc increased its stake in Amazon.com by 400.0% during the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock valued at $27,000 after purchasing an additional 100 shares in the last quarter. Quattro Financial Advisors LLC increased its stake in Amazon.com by 23.8% during the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock valued at $51,000 after purchasing an additional 45 shares in the last quarter. Bull Oak Capital LLC acquired a new position in Amazon.com during the 3rd quarter valued at approximately $45,000. Iron Horse Wealth Management LLC increased its stake in Amazon.com by 64.4% during the 4th quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant’s stock valued at $63,000 after purchasing an additional 112 shares in the last quarter. Finally, Values First Advisors Inc. acquired a new position in Amazon.com during the 3rd quarter valued at approximately $56,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

Amazon.com stock opened at $197.95 on Monday. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The stock has a market cap of $2.10 trillion, a P/E ratio of 35.80, a PEG ratio of 1.50 and a beta of 1.19. The company has a 50-day moving average price of $221.65 and a 200 day moving average price of $207.76. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. Sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently commented on AMZN. Jefferies Financial Group upped their price objective on shares of Amazon.com from $235.00 to $275.00 and gave the company a “buy” rating in a report on Monday, December 16th. Maxim Group upped their price objective on shares of Amazon.com from $260.00 to $280.00 and gave the company a “buy” rating in a report on Friday, February 7th. Benchmark upped their price objective on shares of Amazon.com from $215.00 to $265.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Loop Capital upped their price objective on shares of Amazon.com from $275.00 to $285.00 and gave the company a “buy” rating in a report on Wednesday, February 12th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $236.00 price objective on shares of Amazon.com in a report on Tuesday, December 3rd. Two investment analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $260.65.

Insider Buying and Selling

In other Amazon.com news, CFO Brian T. Olsavsky sold 14,620 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $223.14, for a total transaction of $3,262,306.80. Following the completion of the transaction, the chief financial officer now owns 49,000 shares of the company’s stock, valued at $10,933,860. This trade represents a 22.98 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 27,500 shares of the stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the transaction, the chief executive officer now directly owns 497,067 shares of the company’s stock, valued at approximately $114,459,618.09. This trade represents a 5.24 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 102,298 shares of company stock worth $22,871,828. Insiders own 10.80% of the company’s stock.

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.