Gouws Capital LLC Has $7.78 Million Position in Amazon.com, Inc. (NASDAQ:AMZN)

Gouws Capital LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.4% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 40,241 shares of the e-commerce giant’s stock after acquiring an additional 570 shares during the quarter. Amazon.com makes up 5.6% of Gouws Capital LLC’s holdings, making the stock its 5th largest holding. Gouws Capital LLC’s holdings in Amazon.com were worth $7,777,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com in the fourth quarter valued at approximately $30,000. Christopher J. Hasenberg Inc raised 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 valued at $58,000 after purchasing an additional 260 shares in the last quarter. Clarity Asset Management Inc. purchased a new stake in shares of Amazon.com in the 4th quarter worth $46,000. Steph & Co. purchased a new stake in shares of Amazon.com in the 1st quarter worth $65,000. Finally, Koesten Hirschmann & Crabtree INC. purchased a new position in shares of Amazon.com during the first quarter valued at $69,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $195.99, for a total transaction of $685,965.00. Following the transaction, the chief executive officer now owns 519,753 shares in the company, valued at $101,866,390.47. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction on Monday, July 1st. The shares were sold at an average price of $195.99, for a total transaction of $685,965.00. Following the completion of the transaction, the chief executive officer now directly owns 519,753 shares in the company, valued at $101,866,390.47. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP David Zapolsky sold 2,190 shares of Amazon.com stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of $195.00, for a total transaction of $427,050.00. Following the completion of the sale, the senior vice president now owns 62,420 shares in the company, valued at approximately $12,171,900. The disclosure for this sale can be found here. Insiders sold a total of 6,101,797 shares of company stock worth $1,220,129,922 in the last 90 days. Corporate insiders own 10.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. TD Cowen upped their price objective on shares of Amazon.com from $225.00 to $245.00 and gave the stock a “buy” rating in a research note on Wednesday, July 10th. Barclays upped their price target on shares of Amazon.com from $220.00 to $235.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. BMO Capital Markets reissued an “outperform” rating and set a $230.00 price objective on shares of Amazon.com in a report on Thursday, September 19th. Maxim Group upped their target price on Amazon.com from $238.00 to $251.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Finally, Wedbush reaffirmed an “outperform” rating and set a $225.00 price objective on shares of Amazon.com in a research report on Friday, August 2nd. One analyst has rated the stock with a hold rating, forty-one have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $222.84.

Amazon.com Price Performance

NASDAQ:AMZN opened at $187.97 on Friday. 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 company has a 50 day moving average price of $178.92 and a 200-day moving average price of $182.64. Amazon.com, Inc. has a 1-year low of $118.35 and a 1-year high of $201.20. The firm has a market cap of $1.97 trillion, a price-to-earnings ratio of 52.65, a price-to-earnings-growth ratio of 1.46 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, August 1st. The e-commerce giant reported $1.23 earnings per share for the quarter, beating 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. Equities research analysts forecast that Amazon.com, Inc. will post 4.86 EPS for the current 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.