Van Lanschot Kempen Investment Management N.V. Has $293.45 Million Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Van Lanschot Kempen Investment Management N.V. lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 86.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,518,484 shares of the e-commerce giant’s stock after acquiring an additional 703,275 shares during the period. Amazon.com accounts for about 3.3% of Van Lanschot Kempen Investment Management N.V.’s portfolio, making the stock its 5th biggest holding. Van Lanschot Kempen Investment Management N.V.’s holdings in Amazon.com were worth $293,447,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in AMZN. GUNN & Co INVESTMENT MANAGEMENT INC. boosted its stake in Amazon.com by 291.8% during the fourth quarter. GUNN & Co INVESTMENT MANAGEMENT INC. now owns 28,995 shares of the e-commerce giant’s stock valued at $4,406,000 after buying an additional 21,595 shares during the last quarter. State of New Jersey Common Pension Fund D raised its holdings in shares of Amazon.com by 0.6% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 5,271,000 shares of the e-commerce giant’s stock worth $800,876,000 after acquiring an additional 30,422 shares in the last quarter. VCI Wealth Management LLC bought a new position in shares of Amazon.com during the 4th quarter valued at approximately $543,000. Bank Julius Baer & Co. Ltd Zurich grew its holdings in shares of Amazon.com by 2.9% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 3,474,006 shares of the e-commerce giant’s stock valued at $527,841,000 after purchasing an additional 97,321 shares in the last quarter. Finally, New Jersey Better Educational Savings Trust increased its position in Amazon.com by 6.3% in the fourth quarter. New Jersey Better Educational Savings Trust now owns 12,670 shares of the e-commerce giant’s stock worth $1,925,000 after purchasing an additional 750 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN stock opened at $186.49 on Friday. Amazon.com, Inc. has a 52-week low of $118.35 and a 52-week high of $201.20. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.23. The stock has a market cap of $1.96 trillion, a PE ratio of 52.24, a price-to-earnings-growth ratio of 1.39 and a beta of 1.14. The business has a 50-day simple moving average of $179.51 and a 200-day simple moving average of $181.56.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, August 1st. The e-commerce giant reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.18. The company had revenue of $147.98 billion during the quarter, compared to the consensus estimate of $148.63 billion. Amazon.com had a return on equity of 21.39% and a net margin of 7.35%. On average, equities analysts expect that Amazon.com, Inc. will post 4.86 EPS for the current year.

Analyst Ratings Changes

Several research firms have commented on AMZN. Robert W. Baird increased their price objective on shares of Amazon.com from $210.00 to $213.00 and gave the company an “outperform” rating in a research report on Friday, June 21st. Roth Mkm increased their price target on shares of Amazon.com from $210.00 to $215.00 and gave the company a “buy” rating in a report on Friday, August 2nd. BMO Capital Markets boosted their price objective on Amazon.com from $220.00 to $230.00 and gave the stock an “outperform” rating in a research note on Thursday, July 25th. Rosenblatt Securities raised their price objective on Amazon.com from $220.00 to $221.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $215.00 target price on shares of Amazon.com in a report on Friday, August 2nd. One analyst has rated the stock with a hold rating, forty have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $222.49.

Insider Activity at Amazon.com

In related news, insider Jeffrey P. Bezos sold 1,228,993 shares of the firm’s stock in a transaction on Monday, July 8th. The shares were sold at an average price of $200.36, for a total transaction of $246,241,037.48. Following the sale, the insider now owns 930,696,284 shares in the company, valued at $186,474,307,462.24. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, insider Jeffrey P. Bezos sold 1,228,993 shares of the stock in a transaction dated Monday, July 8th. The shares were sold at an average price of $200.36, for a total transaction of $246,241,037.48. Following the sale, the insider now directly owns 930,696,284 shares of the company’s stock, valued at approximately $186,474,307,462.24. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Andrew R. Jassy sold 20,784 shares of Amazon.com stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $180.77, for a total value of $3,757,123.68. Following the completion of the transaction, the chief executive officer now owns 2,056,534 shares of the company’s stock, valued at approximately $371,759,651.18. The disclosure for this sale can be found here. Insiders sold a total of 6,104,317 shares of company stock worth $1,220,621,322 in the last three months. Company 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.