Windacre Partnership LLC Buys New Shares in Amazon.com, Inc. (NASDAQ:AMZN)

Windacre Partnership LLC bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 93,600 shares of the e-commerce giant’s stock, valued at approximately $258,226,000. Amazon.com comprises about 8.2% of Windacre Partnership LLC’s investment portfolio, making the stock its 6th biggest holding.

Other institutional investors have also added to or reduced their stakes in the company. Gantzert Investment Co. LLC ADV purchased a new stake in Amazon.com during the second quarter valued at about $28,000. Lountzis Asset Management LLC purchased a new stake in Amazon.com during the second quarter valued at about $28,000. Sofos Investments Inc. grew its position in Amazon.com by 120.0% during the first quarter. Sofos Investments Inc. now owns 121 shares of the e-commerce giant’s stock valued at $31,000 after acquiring an additional 66 shares during the period. James Investment Research Inc. purchased a new stake in Amazon.com during the second quarter valued at about $55,000. Finally, CBIZ Investment Advisory Services LLC grew its position in Amazon.com by 262.5% during the first quarter. CBIZ Investment Advisory Services LLC now owns 29 shares of the e-commerce giant’s stock valued at $57,000 after acquiring an additional 21 shares during the period. Hedge funds and other institutional investors own 57.32% of the company’s stock.

AMZN opened at $3,160.83 on Wednesday. Amazon.com, Inc. has a 12 month low of $1,626.03 and a 12 month high of $3,552.25. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.18 and a quick ratio of 0.97. The stock has a market cap of $1,580.87 billion, a P/E ratio of 121.34, a P/E/G ratio of 3.23 and a beta of 1.32. The stock’s 50 day moving average price is $3,230.98 and its 200 day moving average price is $2,603.18.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, July 30th. The e-commerce giant reported $10.30 EPS for the quarter, beating the consensus estimate of $1.74 by $8.56. Amazon.com had a return on equity of 20.47% and a net margin of 4.10%. The firm had revenue of $88.91 billion for the quarter, compared to analysts’ expectations of $81.56 billion. Equities analysts anticipate that Amazon.com, Inc. will post 31.92 EPS for the current year.

A number of research firms have issued reports on AMZN. Cowen boosted their price target on Amazon.com from $2,750.00 to $3,700.00 and gave the company an “outperform” rating in a research report on Monday, July 13th. Wedbush boosted their price target on Amazon.com from $3,500.00 to $3,700.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. BidaskClub downgraded Amazon.com from a “buy” rating to a “hold” rating in a research report on Saturday. UBS Group upped their target price on Amazon.com from $3,000.00 to $4,000.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, Royal Bank of Canada reaffirmed a “buy” rating on shares of Amazon.com in a research report on Monday, August 3rd. Six investment analysts have rated the stock with a hold rating and forty-seven have assigned a buy rating to the stock. Amazon.com currently has an average rating of “Buy” and an average target price of $3,291.50.

In other Amazon.com news, CEO Jeffrey A. Wilke sold 750 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $3,304.28, for a total transaction of $2,478,210.00. Following the completion of the transaction, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at approximately $33,042,800. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Indra K. Nooyi purchased 27 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were purchased at an average cost of $2,806.80 per share, with a total value of $75,783.60. Following the completion of the purchase, the director now owns 707 shares in the company, valued at approximately $1,984,407.60. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 102,815 shares of company stock worth $324,095,003. 16.10% of the stock is owned by insiders.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from third-party sellers through physical stores and online stores.

Read More: Price to Earnings Ratio (PE) Basics

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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