Other institutional investors have also recently bought and sold shares of the company. Momentous Wealth Management Inc. acquired a new position in Amazon.com during the fourth quarter worth about $749,000. Segall Bryant & Hamill LLC increased its stake in shares of Amazon.com by 14.3% in the fourth quarter. Segall Bryant & Hamill LLC now owns 317,114 shares of the e-commerce giant’s stock valued at $69,572,000 after buying an additional 39,696 shares during the period. Evergreen Capital Management LLC increased its stake in shares of Amazon.com by 0.5% in the fourth quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant’s stock valued at $53,213,000 after buying an additional 1,198 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of Amazon.com by 173.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,461,573 shares of the e-commerce giant’s stock valued at $759,434,000 after buying an additional 2,196,353 shares during the period. Finally, Keyvantage Wealth LLC acquired a new position in shares of Amazon.com in the fourth quarter valued at approximately $2,735,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Several research firms have recently issued reports on AMZN. Westpark Capital reaffirmed a “buy” rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Friday, May 2nd. UBS Group reaffirmed a “buy” rating on shares of Amazon.com in a research note on Tuesday, May 6th. Oppenheimer lowered their price objective on Amazon.com from $260.00 to $220.00 and set an “outperform” rating for the company in a research note on Monday, April 28th. Mizuho lowered their price objective on Amazon.com from $285.00 to $255.00 and set an “outperform” rating for the company in a research note on Wednesday, April 9th. Finally, Citizens Jmp lowered their price objective on Amazon.com from $285.00 to $240.00 and set an “outperform” rating for the company in a research note on Monday, April 14th. Four research analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $244.09.

Check Out Our Latest Stock Report on AMZN

In related news, CEO Matthew S. Garman sold 20,923 shares of the stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $201.30, for a total value of $4,211,799.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total value of $469,975.00. Following the completion of the sale, the chief executive officer now directly owns 509,474 shares of the company’s stock, valued at $95,776,017.26. The trade was a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 118,749 shares of company stock valued at $24,197,235 over the last ninety days. 9.70% of the stock is owned by company insiders.

Shares of NASDAQ:AMZN opened at $200.99 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The stock’s 50 day moving average is $190.05 and its 200-day moving average is $208.80. The firm has a market capitalization of $2.13 trillion, a price-to-earnings ratio of 36.35, a PEG ratio of 1.50 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.21. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The company had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. During the same period in the prior year, the firm earned $0.98 earnings per share. Amazon.com’s revenue for the quarter was up 8.6% on a year-over-year basis. Sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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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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