Amazon.com, Inc. (NASDAQ:AMZN) Stake Raised by Sculptor Capital LP

Sculptor Capital LP raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 29.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 1,348,611 shares of the e-commerce giant’s stock after purchasing an additional 304,500 shares during the quarter. Amazon.com comprises about 4.9% of Sculptor Capital LP’s investment portfolio, making the stock its 2nd biggest holding. Sculptor Capital LP’s holdings in Amazon.com were worth $260,619,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Select Equity Group L.P. boosted its position in shares of Amazon.com by 2.0% during the 2nd quarter. Select Equity Group L.P. now owns 524,754 shares of the e-commerce giant’s stock valued at $101,409,000 after acquiring an additional 10,235 shares during the last quarter. Legal & General Group Plc increased its position in Amazon.com by 1.5% in the second quarter. Legal & General Group Plc now owns 69,686,374 shares of the e-commerce giant’s stock worth $13,466,933,000 after purchasing an additional 1,042,177 shares during the last quarter. Lighthouse Investment Partners LLC raised its stake in Amazon.com by 255.6% during the second quarter. Lighthouse Investment Partners LLC now owns 214,230 shares of the e-commerce giant’s stock valued at $41,400,000 after purchasing an additional 153,987 shares in the last quarter. Mackenzie Financial Corp lifted its position in Amazon.com by 13.3% during the second quarter. Mackenzie Financial Corp now owns 5,034,156 shares of the e-commerce giant’s stock valued at $972,851,000 after purchasing an additional 589,356 shares during the last quarter. Finally, Maverick Capital Ltd. lifted its position in Amazon.com by 15.2% during the second quarter. Maverick Capital Ltd. now owns 1,436,931 shares of the e-commerce giant’s stock valued at $277,687,000 after purchasing an additional 189,613 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN opened at $187.83 on Friday. 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 company has a market capitalization of $1.95 trillion, a price-to-earnings ratio of 52.61, a price-to-earnings-growth ratio of 1.38 and a beta of 1.14. The firm has a 50 day moving average of $183.29 and a 200 day moving average of $183.56. Amazon.com, Inc. has a 52 week low of $118.35 and a 52 week high of $201.20.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, August 1st. The e-commerce giant reported $1.23 EPS for the quarter, topping the consensus estimate of $1.05 by $0.18. Amazon.com had a return on equity of 21.39% and a net margin of 7.35%. The firm had revenue of $147.98 billion during the quarter, compared to analyst estimates of $148.63 billion. On average, sell-side analysts predict that Amazon.com, Inc. will post 4.85 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other news, VP Shelley Reynolds sold 3,791 shares of Amazon.com stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $181.04, for a total value of $686,322.64. Following the transaction, the vice president now owns 121,461 shares of the company’s stock, valued at $21,989,299.44. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Douglas J. Herrington sold 3,500 shares of the business’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $189.25, for a total transaction of $662,375.00. Following the sale, the chief executive officer now owns 503,753 shares in the company, valued at approximately $95,335,255.25. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Shelley Reynolds sold 3,791 shares of the stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $181.04, for a total transaction of $686,322.64. Following the completion of the transaction, the vice president now directly owns 121,461 shares of the company’s stock, valued at $21,989,299.44. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 54,355 shares of company stock valued at $9,877,423. 10.80% of the stock is currently owned by insiders.

Analyst Ratings Changes

AMZN has been the topic of several recent research reports. JPMorgan Chase & Co. decreased their target price on shares of Amazon.com from $240.00 to $230.00 and set an “overweight” rating on the stock in a research report on Friday, August 2nd. Maxim Group boosted their price objective on Amazon.com from $238.00 to $251.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. The Goldman Sachs Group lowered their price objective on Amazon.com from $250.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Wedbush reissued an “outperform” rating and set a $225.00 target price on shares of Amazon.com in a research report on Friday, August 2nd. Finally, Bank of America decreased their price target on Amazon.com from $220.00 to $210.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Two analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $236.78.

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.