Other institutional investors have also made changes to their positions in the company. Accordant Advisory Group Inc raised its holdings in shares of Amazon.com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock valued at $27,000 after buying an additional 100 shares during the last quarter. Prudent Man Investment Management Inc. bought a new position in shares of Amazon.com in the fourth quarter valued at about $27,000. LSV Asset Management bought a new position in shares of Amazon.com in the fourth quarter valued at about $35,000. Perritt Capital Management Inc raised its holdings in shares of 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 during the last quarter. Finally, Quattro Financial Advisors LLC raised its holdings in shares of Amazon.com by 23.8% in the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock valued at $51,000 after buying an additional 45 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

In other Amazon.com news, VP Shelley Reynolds sold 2,695 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the vice president now owns 119,780 shares of the company’s stock, valued at $24,050,626.20. This represents a 2.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP David Zapolsky sold 13,570 shares of the company’s stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $202.41, for a total value of $2,746,703.70. Following the transaction, the senior vice president now directly owns 47,030 shares of the company’s stock, valued at approximately $9,519,342.30. This trade represents a 22.39% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 118,749 shares of company stock valued at $24,197,235 in the last quarter. 9.70% of the stock is currently owned by insiders.

Shares of AMZN opened at $200.99 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. The stock has a 50 day simple moving average of $190.05 and a 200 day simple moving average of $208.80. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. The firm has a market capitalization of $2.13 trillion, a PE ratio of 36.35, a P/E/G ratio of 1.50 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly 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 firm had revenue of $155.67 billion during the quarter, compared to the consensus estimate of $154.96 billion. During the same quarter in the prior year, the firm posted $0.98 EPS. The business’s revenue was up 8.6% on a year-over-year basis. Sell-side analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Several analysts have weighed in on the company. Wells Fargo & Company dropped their price objective on Amazon.com from $207.00 to $203.00 and set an “equal weight” rating for the company in a report on Tuesday, February 25th. Oppenheimer dropped their price objective on Amazon.com from $260.00 to $220.00 and set an “outperform” rating for the company in a report on Monday, April 28th. Jefferies Financial Group dropped their price objective on Amazon.com from $250.00 to $240.00 and set a “buy” rating for the company in a report on Tuesday, April 22nd. Wedbush reissued an “outperform” rating and set a $235.00 price objective (up from $225.00) on shares of Amazon.com in a report on Friday, May 2nd. Finally, Barclays dropped their price objective on Amazon.com from $265.00 to $240.00 and set an “overweight” rating for the company in a report on Friday, May 2nd. Four equities research analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and an average price target of $244.09.

Check Out Our Latest Report on AMZN

(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.

- 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.