Little House Capital LLC Purchases 6,015 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Little House Capital LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 10.1% during the third quarter, HoldingsChannel.com reports. The fund owned 65,616 shares of the e-commerce giant’s stock after acquiring an additional 6,015 shares during the quarter. Amazon.com accounts for approximately 3.5% of Little House Capital LLC’s holdings, making the stock its 5th largest holding. Little House Capital LLC’s holdings in Amazon.com were worth $12,226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also modified their holdings of the company. China Universal Asset Management Co. Ltd. lifted its stake in Amazon.com by 31.6% in the 1st quarter. China Universal Asset Management Co. Ltd. now owns 182,359 shares of the e-commerce giant’s stock valued at $32,894,000 after buying an additional 43,759 shares in the last quarter. Quent Capital LLC lifted its stake in Amazon.com by 3.3% in the 1st quarter. Quent Capital LLC now owns 33,729 shares of the e-commerce giant’s stock valued at $6,084,000 after buying an additional 1,081 shares in the last quarter. Broderick Brian C lifted its stake in Amazon.com by 18.2% in the 1st quarter. Broderick Brian C now owns 67,096 shares of the e-commerce giant’s stock valued at $12,103,000 after buying an additional 10,338 shares in the last quarter. Cohen Capital Management Inc. lifted its stake in Amazon.com by 2.8% in the 1st quarter. Cohen Capital Management Inc. now owns 72,567 shares of the e-commerce giant’s stock valued at $13,090,000 after buying an additional 1,972 shares in the last quarter. Finally, Delaney Dennis R lifted its stake in Amazon.com by 2.6% in the 1st quarter. Delaney Dennis R now owns 33,836 shares of the e-commerce giant’s stock valued at $6,103,000 after buying an additional 868 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AMZN. UBS Group upped their target price on Amazon.com from $220.00 to $223.00 and gave the company a “buy” rating in a research note on Monday, October 28th. TD Cowen increased their price target on Amazon.com from $230.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. JMP Securities raised their price objective on Amazon.com from $265.00 to $285.00 and gave the stock a “market outperform” rating in a report on Friday, November 1st. Roth Mkm raised their price objective on Amazon.com from $210.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Finally, Robert W. Baird raised their price objective on Amazon.com from $213.00 to $220.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Two research analysts have rated the stock with a hold rating, forty have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $235.77.

Insider Transactions at Amazon.com

In other news, Director Jonathan Rubinstein sold 4,766 shares of Amazon.com stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $209.85, for a total transaction of $1,000,145.10. Following the sale, the director now directly owns 94,630 shares of the company’s stock, valued at approximately $19,858,105.50. The trade was a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP David Zapolsky sold 2,190 shares of Amazon.com stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $195.00, for a total value of $427,050.00. Following the sale, the senior vice president now directly owns 62,420 shares in the company, valued at approximately $12,171,900. The trade was a 3.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 6,011,423 shares of company stock valued at $1,249,093,896. 10.80% of the stock is currently owned by insiders.

Amazon.com Trading Down 0.6 %

NASDAQ:AMZN opened at $197.12 on Friday. Amazon.com, Inc. has a 12 month low of $142.81 and a 12 month high of $215.90. The firm has a market capitalization of $2.07 trillion, a PE ratio of 42.21, a price-to-earnings-growth ratio of 1.37 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 business’s 50-day moving average is $193.00 and its two-hundred day moving average is $186.32.

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, topping analysts’ consensus estimates of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The business had revenue of $158.88 billion for the quarter, compared to analyst estimates of $157.28 billion. During the same period in the previous year, the company earned $0.85 earnings per share. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. Research analysts predict that Amazon.com, Inc. will post 5.27 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.