Gouws Capital LLC Acquires 125 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Gouws Capital LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 40,366 shares of the e-commerce giant’s stock after buying an additional 125 shares during the period. Amazon.com accounts for about 5.1% of Gouws Capital LLC’s investment portfolio, making the stock its 6th biggest holding. Gouws Capital LLC’s holdings in Amazon.com were worth $7,521,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. PayPay Securities Corp increased its stake in Amazon.com by 64.6% in the second quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant’s stock valued at $32,000 after purchasing an additional 64 shares in the last quarter. Hoese & Co LLP bought a new position in shares of Amazon.com during the 3rd quarter worth about $37,000. Bull Oak Capital LLC acquired a new stake in shares of Amazon.com in the 3rd quarter valued at about $45,000. Christopher J. Hasenberg Inc increased its position in Amazon.com by 650.0% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant’s stock valued at $58,000 after buying an additional 260 shares in the last quarter. Finally, Values First Advisors Inc. acquired a new position in Amazon.com during the 3rd quarter worth approximately $56,000. Institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of research reports. Bank of America raised their price objective on Amazon.com from $210.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, November 1st. TD Cowen boosted their price target on shares of Amazon.com from $240.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. JMP Securities reaffirmed a “market outperform” rating and issued a $285.00 price objective on shares of Amazon.com in a research note on Monday, December 16th. Monness Crespi & Hardt lifted their price objective on shares of Amazon.com from $225.00 to $245.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, Telsey Advisory Group upped their target price on shares of Amazon.com from $215.00 to $235.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating, forty-one have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $243.00.

Insider Activity

In other news, CEO Douglas J. Herrington sold 3,500 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $210.00, for a total transaction of $735,000.00. Following the completion of the transaction, the chief executive officer now owns 524,567 shares of the company’s stock, valued at approximately $110,159,070. The trade was a 0.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jonathan Rubinstein sold 4,351 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the completion of the sale, the director now directly owns 88,203 shares in the company, valued at $20,273,459.55. This represents a 4.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 6,032,344 shares of company stock worth $1,253,456,822 in the last three months. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN opened at $227.05 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. The stock has a market capitalization of $2.39 trillion, a price-to-earnings ratio of 48.62, a price-to-earnings-growth ratio of 1.54 and a beta of 1.16. Amazon.com, Inc. has a 52-week low of $144.05 and a 52-week high of $233.00. The stock’s 50-day simple moving average is $209.04 and its 200 day simple moving average is $192.55.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.14 by $0.29. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The company had revenue of $158.88 billion during the quarter, compared to analyst estimates of $157.28 billion. During the same period last year, the business earned $0.85 earnings per share. Amazon.com’s revenue was up 11.0% compared to the same quarter last year. Research analysts forecast that Amazon.com, Inc. will post 5.29 EPS for the current fiscal year.

About Amazon.com

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.