Artemis Investment Management LLP Increases Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Artemis Investment Management LLP grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 10.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 49,593 shares of the e-commerce giant’s stock after purchasing an additional 4,681 shares during the period. Amazon.com makes up approximately 1.0% of Artemis Investment Management LLP’s holdings, making the stock its 27th biggest position. Artemis Investment Management LLP’s holdings in Amazon.com were worth $47,645,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vestor Capital LLC boosted its holdings in shares of Amazon.com by 10.1% in the second quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock valued at $106,000 after acquiring an additional 10 shares in the last quarter. Clear Investment Research LLC boosted its holdings in shares of Amazon.com by 73,100.0% in the second quarter. Clear Investment Research LLC now owns 732 shares of the e-commerce giant’s stock valued at $107,000 after acquiring an additional 731 shares in the last quarter. LeJeune Puetz Investment Counsel LLC bought a new position in shares of Amazon.com in the second quarter valued at approximately $116,000. Mountain Capital Investment Advisors Inc bought a new position in shares of Amazon.com in the second quarter valued at approximately $121,000. Finally, Archford Capital Strategies LLC boosted its holdings in shares of Amazon.com by 17,242.2% in the second quarter. Archford Capital Strategies LLC now owns 30,002 shares of the e-commerce giant’s stock valued at $127,000 after acquiring an additional 29,829 shares in the last quarter. Hedge funds and other institutional investors own 59.82% of the company’s stock.

In related news, VP Shelley Reynolds sold 544 shares of Amazon.com stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $1,126.27, for a total transaction of $612,690.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jeffrey A. Wilke sold 2,800 shares of Amazon.com stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $1,160.34, for a total transaction of $3,248,952.00. Following the transaction, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $11,603,400. The disclosure for this sale can be found here. Insiders have sold a total of 402,338 shares of company stock valued at $444,391,701 over the last ninety days. 17.00% of the stock is owned by insiders.

AMZN has been the subject of several recent research reports. Stifel Nicolaus reissued a “buy” rating and set a $1,100.00 target price on shares of Amazon.com in a research note on Tuesday, October 24th. Loop Capital set a $1,200.00 target price on shares of Amazon.com and gave the company a “buy” rating in a research note on Friday, October 20th. Needham & Company LLC reissued a “buy” rating and set a $1,250.00 target price (up from $1,150.00) on shares of Amazon.com in a research note on Friday, October 27th. Cantor Fitzgerald increased their target price on shares of Amazon.com to $1,360.00 and gave the company an “overweight” rating in a research note on Friday, October 27th. They noted that the move was a valuation call. Finally, Vetr downgraded shares of Amazon.com from a “buy” rating to a “hold” rating and set a $1,277.08 price target for the company. in a research report on Monday, January 8th. Four equities research analysts have rated the stock with a hold rating and fifty-one have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $1,262.35.

Shares of Amazon.com, Inc. (AMZN) opened at $1,305.20 on Tuesday. The company has a quick ratio of 0.74, a current ratio of 1.03 and a debt-to-equity ratio of 1.00. Amazon.com, Inc. has a 1-year low of $803.00 and a 1-year high of $1,305.76. The firm has a market cap of $628,940.00, a price-to-earnings ratio of 329.60, a price-to-earnings-growth ratio of 7.74 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, October 26th. The e-commerce giant reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.57). The business had revenue of $43.74 billion for the quarter, compared to the consensus estimate of $42.26 billion. Amazon.com had a return on equity of 8.67% and a net margin of 1.20%. Amazon.com’s revenue was up 33.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.52 earnings per share. equities research analysts predict that Amazon.com, Inc. will post 4.24 earnings per share for the current year.

TRADEMARK VIOLATION WARNING: This report was first posted by BBNS and is the property of of BBNS. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this report can be viewed at https://baseballnewssource.com/markets/artemis-investment-management-llp-has-47-65-million-holdings-in-amazon-com-inc-amzn/1819559.html.

About Amazon.com

Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Houston Astros Add Starter to Rotation
Houston Astros Add Starter to Rotation
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Justin Morneau Former Star With Twins and AL MVP Retires
Justin Morneau Former Star With Twins and AL MVP Retires
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets


Leave a Reply

 
© 2006-2018 BBNS.