Caxton Associates LLP Has $332.59 Million Stock Holdings in Amazon.com, Inc. $AMZN

Caxton Associates LLP lessened its position in Amazon.com, Inc. (NASDAQ:AMZN) by 0.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,515,962 shares of the e-commerce giant’s stock after selling 3,216 shares during the period. Amazon.com makes up 8.4% of Caxton Associates LLP’s holdings, making the stock its 4th largest position. Caxton Associates LLP’s holdings in Amazon.com were worth $332,587,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of AMZN. Brighton Jones LLC raised its position in shares of Amazon.com by 10.9% during the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after purchasing an additional 397,007 shares during the period. Revolve Wealth Partners LLC increased its stake in Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock worth $5,495,000 after purchasing an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG increased its stake in Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock worth $442,481,000 after purchasing an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE raised its holdings in Amazon.com by 5.5% during the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock worth $6,357,000 after buying an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC purchased a new stake in Amazon.com during the fourth quarter valued at about $2,153,000. Institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 1.8%

Shares of NASDAQ:AMZN opened at $226.19 on Friday. The firm has a fifty day moving average price of $229.35 and a 200 day moving average price of $224.87. The company has a current ratio of 1.01, a quick ratio of 0.80 and a debt-to-equity ratio of 0.14. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The stock has a market capitalization of $2.42 trillion, a PE ratio of 31.95, a P/E/G ratio of 1.56 and a beta of 1.37.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a net margin of 11.06% and a return on equity of 23.62%. The company had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. During the same period in the prior year, the company earned $1.43 earnings per share. The business’s quarterly revenue was up 13.4% compared to the same quarter last year. Analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. TD Cowen reissued a “buy” rating and issued a $300.00 target price on shares of Amazon.com in a research report on Thursday. The Goldman Sachs Group boosted their target price on shares of Amazon.com from $240.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Zacks Research raised Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Pivotal Research upped their price target on Amazon.com from $285.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Finally, Mizuho lowered Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Two investment analysts have rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $295.43.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 17,768 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $216.90, for a total transaction of $3,853,879.20. Following the completion of the transaction, the chief executive officer owned 6,273 shares in the company, valued at $1,360,613.70. This trade represents a 73.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Daniel P. Huttenlocher sold 1,237 shares of the business’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $226.61, for a total transaction of $280,316.57. Following the completion of the sale, the director owned 26,148 shares in the company, valued at $5,925,398.28. This represents a 4.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 82,234 shares of company stock worth $19,076,767. 9.70% of the stock is currently owned by company insiders.

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.