Candriam S.C.A. raised its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 11.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,023,771 shares of the e-commerce giant's stock after buying an additional 213,039 shares during the quarter. Amazon.com accounts for about 2.6% of Candriam S.C.A.'s holdings, making the stock its 5th biggest position. Candriam S.C.A.'s holdings in Amazon.com were worth $443,995,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Accordant Advisory Group Inc increased its holdings in shares of Amazon.com by 400.0% during the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after purchasing an additional 100 shares during the period. Icon Wealth Advisors LLC lifted its position in shares of Amazon.com by 20.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant's stock worth $28,000 after buying an additional 25,581 shares during the period. Quattro Financial Advisors LLC boosted its stake in shares of Amazon.com by 23.8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock valued at $51,000 after purchasing an additional 45 shares in the last quarter. Compass Planning Associates Inc acquired a new stake in shares of Amazon.com during the fourth quarter worth approximately $51,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in Amazon.com during the 4th quarter valued at $54,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts have issued reports on the company. Westpark Capital assumed coverage on Amazon.com in a report on Tuesday, April 1st. They set a "buy" rating and a $280.00 price objective on the stock. HSBC boosted their price target on shares of Amazon.com from $225.00 to $270.00 and gave the company a "buy" rating in a report on Monday, January 13th. Tigress Financial increased their target price on Amazon.com from $245.00 to $290.00 and gave the stock a "buy" rating in a research note on Friday, December 20th. Wolfe Research boosted their price target on Amazon.com from $250.00 to $270.00 and gave the company an "outperform" rating in a report on Friday, January 3rd. Finally, Citigroup restated a "buy" rating on shares of Amazon.com in a report on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $260.53.

Read Our Latest Research Report on Amazon.com

In related news, CEO Andrew R. Jassy sold 20,784 shares of the company's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $220.65, for a total value of $4,585,989.60. Following the transaction, the chief executive officer now owns 2,118,886 shares in the company, valued at approximately $467,532,195.90. This represents a 0.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas J. Herrington sold 27,500 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total value of $6,332,425.00. Following the transaction, the chief executive officer now owns 497,067 shares of the company's stock, valued at $114,459,618.09. The trade was a 5.24 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 104,798 shares of company stock valued at $23,341,803. 10.80% of the stock is owned by insiders.

Shares of AMZN stock opened at $171.00 on Monday. 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 $1.81 trillion, a PE ratio of 30.92, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39. The firm has a fifty day simple moving average of $212.18 and a two-hundred day simple moving average of $209.22. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. Analysts forecast that Amazon.com, Inc. will post 6.31 EPS 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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