Several other hedge funds and other institutional investors have also made changes to their positions in AMZN. Castlekeep Investment Advisors LLC purchased a new position in Amazon.com in the 4th quarter worth about $25,000. Prudent Man Investment Management Inc. purchased a new position in Amazon.com in the 4th quarter worth about $27,000. LSV Asset Management purchased a new position in Amazon.com in the 4th quarter worth about $35,000. Inlight Wealth Management LLC purchased a new position in Amazon.com in the 1st quarter worth about $40,000. Finally, Perritt Capital Management Inc increased its stake in 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 during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Shares of NASDAQ AMZN opened at $225.02 on Friday. The firm has a market cap of $2.39 trillion, a PE ratio of 36.65, a PEG ratio of 1.69 and a beta of 1.33. The firm has a fifty day moving average of $209.90 and a 200 day moving average of $208.49. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.84 and a current ratio of 1.05. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52.

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

In other news, insider Jeffrey P. Bezos sold 384,124 shares of the company’s stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of $224.02, for a total transaction of $86,051,458.48. Following the completion of the sale, the insider owned 901,995,325 shares of the company’s stock, valued at $202,064,992,706.50. This represents a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Shelley Reynolds sold 2,695 shares of the company’s stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $200.79, for a total transaction of $541,129.05. Following the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at $24,050,626.20. The trade was a 2.20% decrease in their position. The disclosure for this sale can be found here. Insiders sold 6,886,613 shares of company stock worth $1,531,840,610 over the last three months. 9.70% of the stock is owned by corporate insiders.

Several research analysts recently commented on AMZN shares. Oppenheimer raised their price target on shares of Amazon.com from $215.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, June 20th. Jefferies Financial Group cut their target price on shares of Amazon.com from $250.00 to $240.00 and set a “buy” rating on the stock in a research report on Tuesday, April 22nd. Wedbush reissued an “outperform” rating and set a $235.00 target price (up previously from $225.00) on shares of Amazon.com in a research report on Friday, May 2nd. Bank of America raised their price target on shares of Amazon.com from $230.00 to $248.00 and gave the company a “buy” rating in a report on Monday, June 2nd. Finally, The Goldman Sachs Group lowered their price target on shares of Amazon.com from $255.00 to $220.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. Three research analysts have rated the stock with a hold rating, forty-five have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and a consensus price target of $249.42.

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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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