Gill Capital Partners LLC Has $1.66 Million Position in Amazon.com, Inc. (NASDAQ:AMZN)

Gill Capital Partners LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 21.3% during the third quarter, Holdings Channel reports. The fund owned 8,931 shares of the e-commerce giant’s stock after buying an additional 1,567 shares during the quarter. Gill Capital Partners LLC’s holdings in Amazon.com were worth $1,664,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Chapin Davis Inc. increased its stake in Amazon.com by 0.9% during the 1st quarter. Chapin Davis Inc. now owns 33,379 shares of the e-commerce giant’s stock valued at $6,021,000 after purchasing an additional 289 shares in the last quarter. Mirador Capital Partners LP increased its stake in Amazon.com by 2.8% during the 1st quarter. Mirador Capital Partners LP now owns 94,941 shares of the e-commerce giant’s stock valued at $17,125,000 after purchasing an additional 2,600 shares in the last quarter. Aviance Capital Partners LLC increased its stake in Amazon.com by 194.2% during the 1st quarter. Aviance Capital Partners LLC now owns 122,251 shares of the e-commerce giant’s stock valued at $22,052,000 after purchasing an additional 80,701 shares in the last quarter. Caerus Investment Advisors LLC increased its stake in Amazon.com by 5.2% during the 1st quarter. Caerus Investment Advisors LLC now owns 4,856 shares of the e-commerce giant’s stock valued at $876,000 after purchasing an additional 239 shares in the last quarter. Finally, Diversified Trust Co increased its stake in Amazon.com by 10.3% during the 1st quarter. Diversified Trust Co now owns 239,052 shares of the e-commerce giant’s stock valued at $43,120,000 after purchasing an additional 22,302 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $210.00 target price on shares of Amazon.com in a research note on Friday, November 1st. TD Securities upped their target price on shares of Amazon.com from $225.00 to $245.00 in a research note on Wednesday, July 10th. Royal Bank of Canada increased their price target on shares of Amazon.com from $215.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Wedbush increased their price target on shares of Amazon.com from $225.00 to $250.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Finally, Loop Capital increased their price target on shares of Amazon.com from $750.00 to $800.00 and gave the company a “buy” rating in a research report on Wednesday, October 16th. Two equities research analysts have rated the stock with a hold rating, forty have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Amazon.com currently has a consensus rating of “Moderate Buy” and a consensus price target of $246.48.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 20,784 shares of Amazon.com stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $180.77, for a total transaction of $3,757,123.68. Following the completion of the sale, the chief executive officer now directly owns 2,056,534 shares in the company, valued at $371,759,651.18. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Amazon.com news, CEO Andrew R. Jassy sold 20,784 shares of Amazon.com stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $180.77, for a total transaction of $3,757,123.68. Following the transaction, the chief executive officer now directly owns 2,056,534 shares of the company’s stock, valued at approximately $371,759,651.18. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP David Zapolsky sold 9,490 shares of Amazon.com stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $180.88, for a total transaction of $1,716,551.20. Following the transaction, the senior vice president now directly owns 64,610 shares in the company, valued at $11,686,656.80. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 55,859 shares of company stock worth $10,215,097 over the last three months. 10.80% of the stock is owned by insiders.

Amazon.com Trading Up 1.9 %

Shares of Amazon.com stock opened at $199.50 on Wednesday. Amazon.com, Inc. has a 1 year low of $138.36 and a 1 year high of $201.20. The firm has a market cap of $2.09 trillion, a PE ratio of 42.72, a PEG ratio of 1.46 and a beta of 1.14. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87. The company has a 50 day simple moving average of $185.75 and a two-hundred day simple moving average of $184.07.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.29. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The business had revenue of $158.88 billion during the quarter, compared to analyst estimates of $157.28 billion. During the same period in the previous year, the business posted $0.85 earnings per share. Amazon.com’s revenue for the quarter was up 11.0% on a year-over-year basis. Analysts expect that Amazon.com, Inc. will post 4.98 earnings per share 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.