James Hambro & Partners LLP Has $120.97 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

James Hambro & Partners LLP boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 635,743 shares of the e-commerce giant's stock after acquiring an additional 6,136 shares during the period. Amazon.com makes up approximately 5.0% of James Hambro & Partners LLP's holdings, making the stock its 9th largest holding. James Hambro & Partners LLP's holdings in Amazon.com were worth $120,966,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in AMZN. Prudent Man Investment Management Inc. acquired a new stake in shares of Amazon.com during the 4th quarter valued at about $27,000. LSV Asset Management acquired a new position in shares of Amazon.com in the 4th quarter worth approximately $35,000. Perritt Capital Management Inc raised its holdings in shares of Amazon.com by 72.7% in the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock worth $42,000 after buying an additional 80 shares in the last quarter. Compass Planning Associates Inc bought a new position in shares of Amazon.com during the 4th quarter worth approximately $51,000. Finally, Halbert Hargrove Global Advisors LLC bought a new position in shares of Amazon.com during the 4th quarter worth approximately $54,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Performance

NASDAQ AMZN traded down $0.54 during trading on Wednesday, reaching $219.92. The company's stock had a trading volume of 30,814,701 shares, compared to its average volume of 42,036,639. The firm has a 50 day moving average price of $204.25 and a 200 day moving average price of $208.75. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52. The firm has a market capitalization of $2.33 trillion, a price-to-earnings ratio of 35.82, a price-to-earnings-growth ratio of 1.65 and a beta of 1.33. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.17.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, topping analysts' consensus estimates of $1.38 by $0.21. The firm had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. Amazon.com had a return on equity of 24.14% and a net margin of 10.14%. The company's revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the company earned $0.98 EPS. As a group, equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $201.30, for a total value of $4,000,233.60. Following the transaction, the chief executive officer directly owned 2,148,694 shares of the company's stock, valued at $432,532,102.20. This trade represents a 0.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP David Zapolsky sold 13,570 shares of the company's stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $202.41, for a total value of $2,746,703.70. Following the sale, the senior vice president owned 47,030 shares of the company's stock, valued at $9,519,342.30. The trade was a 22.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,424,463 shares of company stock valued at $756,747,557 over the last 90 days. 10.80% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on AMZN shares. JMP Securities reiterated a "market outperform" rating on shares of Amazon.com in a research report on Tuesday, May 6th. Evercore ISI decreased their price target on Amazon.com from $270.00 to $260.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. Tigress Financial upped their price objective on Amazon.com from $290.00 to $305.00 and gave the company a "buy" rating in a report on Tuesday, May 6th. Truist Financial lifted their price target on shares of Amazon.com from $226.00 to $250.00 and gave the stock a "buy" rating in a research report on Wednesday. Finally, Bank of America upped their price objective on shares of Amazon.com from $230.00 to $248.00 and gave the company a "buy" rating in a research report on Monday, June 2nd. Three equities research analysts have rated the stock with a hold rating, forty-five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $246.23.

Amazon.com 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.