Amazon.com, Inc. (NASDAQ:AMZN) is BSN CAPITAL PARTNERS Ltd’s 2nd Largest Position

BSN CAPITAL PARTNERS Ltd raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 13.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,140,000 shares of the e-commerce giant’s stock after acquiring an additional 260,000 shares during the period. Amazon.com makes up 26.0% of BSN CAPITAL PARTNERS Ltd’s portfolio, making the stock its 2nd biggest position. BSN CAPITAL PARTNERS Ltd’s holdings in Amazon.com were worth $397,337,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of AMZN. Cooksen Wealth LLC bought a new position in shares of Amazon.com in the 4th quarter worth approximately $30,000. PayPay Securities Corp increased its holdings in Amazon.com by 64.6% during the second quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant’s stock valued at $32,000 after buying an additional 64 shares during the last quarter. Clarity Asset Management Inc. bought a new position in Amazon.com in the fourth quarter worth approximately $46,000. Christopher J. Hasenberg Inc boosted its stake in shares of Amazon.com by 650.0% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant’s stock worth $58,000 after acquiring an additional 260 shares during the last quarter. Finally, Steph & Co. bought a new stake in shares of Amazon.com during the 1st quarter valued at $65,000. 72.20% of the stock is currently owned by institutional investors.

Insider Activity

In other Amazon.com news, SVP David Zapolsky sold 2,190 shares of the business’s stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $195.00, for a total transaction of $427,050.00. Following the sale, the senior vice president now owns 62,420 shares in the company, valued at approximately $12,171,900. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, SVP David Zapolsky sold 2,190 shares of the stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $195.00, for a total value of $427,050.00. Following the transaction, the senior vice president now owns 62,420 shares in the company, valued at approximately $12,171,900. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Jeffrey P. Bezos sold 3,085,116 shares of the business’s stock in a transaction on Friday, July 5th. The shares were sold at an average price of $200.07, for a total transaction of $617,239,158.12. Following the transaction, the insider now owns 931,925,277 shares of the company’s stock, valued at $186,450,290,169.39. The disclosure for this sale can be found here. Insiders have sold 6,098,297 shares of company stock valued at $1,219,443,957 over the last ninety days. 10.80% of the stock is currently owned by insiders.

Amazon.com Trading Down 1.7 %

Amazon.com stock opened at $187.97 on Monday. Amazon.com, Inc. has a one year low of $118.35 and a one year high of $201.20. The stock has a market cap of $1.96 trillion, a PE ratio of 52.65, a price-to-earnings-growth ratio of 1.46 and a beta of 1.14. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88 and a current ratio of 1.10. The stock has a 50-day moving average of $178.92 and a two-hundred day moving average of $182.68.

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

Wall Street Analyst Weigh In

Several research firms recently weighed in on AMZN. BMO Capital Markets reiterated an “outperform” rating and set a $230.00 target price on shares of Amazon.com in a research report on Thursday, September 19th. Roth Mkm lifted their price objective on Amazon.com from $210.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, August 2nd. Wolfe Research initiated coverage on shares of Amazon.com in a report on Tuesday, July 16th. They issued an “outperform” rating and a $250.00 target price for the company. Stifel Nicolaus lowered their price target on shares of Amazon.com from $228.00 to $224.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Finally, Evercore ISI upped their price target on shares of Amazon.com from $225.00 to $240.00 and gave the stock an “outperform” rating in a research report on Friday, September 20th. One research analyst has rated the stock with a hold rating, forty-one have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Amazon.com currently has a consensus rating of “Buy” and a consensus target price of $222.84.

Amazon.com Company 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.