A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Castlekeep Investment Advisors LLC purchased a new stake in shares of Amazon.com in the 4th quarter valued at approximately $25,000. Prudent Man Investment Management Inc. acquired a new position in shares of Amazon.com during the fourth quarter worth $27,000. LSV Asset Management purchased a new position in Amazon.com in the fourth quarter valued at $35,000. Perritt Capital Management Inc raised its stake in Amazon.com by 72.7% in the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant’s stock valued at $42,000 after buying an additional 80 shares in the last quarter. Finally, Compass Planning Associates Inc purchased a new stake in Amazon.com during the 4th quarter worth about $51,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

In related news, SVP David Zapolsky sold 13,570 shares of the business’s stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $202.41, for a total value of $2,746,703.70. Following the sale, the senior vice president directly owned 47,030 shares in the company, valued at $9,519,342.30. The trade was a 22.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $201.30, for a total transaction of $4,000,233.60. Following the completion of the sale, the chief executive officer directly owned 2,148,694 shares in the company, valued at approximately $432,532,102.20. The trade was a 0.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,426,963 shares of company stock valued at $757,297,707 in the last 90 days. Insiders own 9.70% of the company’s stock.

Several equities research analysts have recently weighed in on the company. Raymond James Financial reissued an “outperform” rating and set a $195.00 target price (down previously from $275.00) on shares of Amazon.com in a research report on Monday, April 21st. BNP Paribas raised shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. Morgan Stanley reduced their price objective on shares of Amazon.com from $280.00 to $245.00 and set an “overweight” rating for the company in a research report on Monday, April 14th. Moffett Nathanson increased their target price on shares of Amazon.com from $250.00 to $253.00 and gave the company a “buy” rating in a research report on Tuesday, June 24th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Amazon.com from $287.00 to $206.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Three equities research analysts have rated the stock with a hold rating, forty-five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Amazon.com currently has an average rating of “Moderate Buy” and an average price target of $245.60.

Read Our Latest Stock Report on Amazon.com

AMZN stock opened at $223.13 on Friday. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.17. The company’s 50-day moving average price is $206.44 and its 200 day moving average price is $208.70. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. The company has a market cap of $2.37 trillion, a P/E ratio of 36.34, a P/E/G ratio of 1.68 and a beta of 1.33.

Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.21. The company had revenue of $155.67 billion during the quarter, compared to the consensus estimate of $154.96 billion. Amazon.com had a net margin of 10.14% and a return on equity of 24.14%. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period last year, the firm earned $0.98 EPS. On average, research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

(Free Report)

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.

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