Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Helios Capital Management PTE. Ltd.

Helios Capital Management PTE. Ltd. increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 15.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,500 shares of the e-commerce giant’s stock after acquiring an additional 5,300 shares during the quarter. Amazon.com comprises approximately 5.1% of Helios Capital Management PTE. Ltd.’s portfolio, making the stock its 6th largest holding. Helios Capital Management PTE. Ltd.’s holdings in Amazon.com were worth $7,827,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cooksen Wealth LLC acquired a new position in shares of Amazon.com in the 4th quarter valued at $30,000. Christopher J. Hasenberg Inc grew its position in 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 purchasing an additional 260 shares during the last quarter. Clarity Asset Management Inc. acquired a new position in Amazon.com in the fourth quarter valued at $46,000. Steph & Co. purchased a new stake in shares of Amazon.com in the first quarter valued at about $65,000. Finally, Koesten Hirschmann & Crabtree INC. purchased a new stake in shares of Amazon.com in the first quarter valued at about $69,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AMZN has been the topic of several recent research reports. Benchmark restated a “buy” rating and issued a $200.00 price target on shares of Amazon.com in a research report on Friday, August 2nd. Stifel Nicolaus dropped their target price on Amazon.com from $228.00 to $224.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Needham & Company LLC restated a “buy” rating and set a $210.00 price target on shares of Amazon.com in a research note on Thursday, September 12th. Wells Fargo & Company lowered their price objective on shares of Amazon.com from $232.00 to $225.00 and set an “overweight” rating on the stock in a research report on Monday, August 26th. Finally, Piper Sandler cut their price objective on shares of Amazon.com from $220.00 to $215.00 and set an “overweight” rating for the company in a research report on Friday, August 2nd. One research analyst has rated the stock with a hold rating, forty have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com has an average rating of “Buy” and a consensus target price of $222.84.

Insider Activity at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 1,228,993 shares of the firm’s stock in a transaction dated Monday, July 8th. The stock was sold at an average price of $200.36, for a total value 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, CFO Brian T. Olsavsky sold 14,600 shares of the company’s stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $180.00, for a total transaction of $2,628,000.00. Following the completion of the transaction, the chief financial officer now owns 49,000 shares of the company’s stock, valued at $8,820,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jeffrey P. Bezos sold 1,228,993 shares of the stock in a transaction on Monday, July 8th. The stock was sold at an average price of $200.36, for a total value of $246,241,037.48. Following the completion of the transaction, the insider now directly owns 930,696,284 shares in the company, valued at $186,474,307,462.24. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 6,104,317 shares of company stock worth $1,220,621,322. 10.80% of the stock is currently owned by insiders.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $191.60 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.10 and a quick ratio of 0.88. The firm has a market cap of $1.99 trillion, a PE ratio of 53.67, a P/E/G ratio of 1.39 and a beta of 1.14. The firm has a 50 day simple moving average of $178.54 and a 200-day simple moving average of $182.10. Amazon.com, Inc. has a 1-year low of $118.35 and a 1-year high of $201.20.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, August 1st. The e-commerce giant reported $1.23 earnings per share for the quarter, beating 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 company had revenue of $147.98 billion during the quarter, compared to the consensus estimate of $148.63 billion. On average, equities analysts expect that Amazon.com, Inc. will post 4.86 EPS for the current year.

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.