North Point Portfolio Managers Corp OH increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 104,463 shares of the e-commerce giant's stock after acquiring an additional 1,520 shares during the period. Amazon.com comprises approximately 3.5% of North Point Portfolio Managers Corp OH's portfolio, making the stock its 6th biggest holding. North Point Portfolio Managers Corp OH's holdings in Amazon.com were worth $19,875,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its position in Amazon.com by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock worth $180,637,081,000 after buying an additional 17,635,391 shares during the last quarter. FMR LLC increased its position in Amazon.com by 0.5% in the fourth quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock worth $72,061,766,000 after buying an additional 1,725,664 shares during the last quarter. Geode Capital Management LLC increased its position in Amazon.com by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 204,930,426 shares of the e-commerce giant's stock worth $44,837,256,000 after buying an additional 5,015,380 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in Amazon.com by 2.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 182,813,905 shares of the e-commerce giant's stock worth $40,107,544,000 after buying an additional 4,087,933 shares during the last quarter. Finally, Norges Bank purchased a new stake in Amazon.com in the fourth quarter worth $27,266,582,000. 72.20% of the stock is owned by institutional investors.

In other news, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $220.06, for a total value of $550,150.00. Following the completion of the sale, the chief executive officer owned 514,550 shares of the company's stock, valued at approximately $113,231,873. The trade was a 0.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jeffrey P. Bezos sold 384,124 shares of the business's stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $224.02, for a total value of $86,051,458.48. Following the completion of the sale, the insider directly owned 901,995,325 shares of the company's stock, valued at approximately $202,064,992,706.50. This trade represents a 0.04% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 6,886,613 shares of company stock worth $1,531,840,610. Insiders own 9.70% of the company's stock.

Shares of AMZN stock opened at $225.02 on Friday. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.17. The business has a 50-day moving average price of $209.90 and a two-hundred day moving average price of $208.63. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The firm has a market cap of $2.39 trillion, a P/E ratio of 36.65, a price-to-earnings-growth ratio of 1.67 and a beta of 1.33.

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

A number of analysts have issued reports on the company. Roth Capital set a $250.00 target price on Amazon.com and gave the stock a "buy" rating in a research report on Tuesday. Wells Fargo & Company raised their target price on Amazon.com from $201.00 to $238.00 and gave the stock an "equal weight" rating in a research report on Tuesday. BNP Paribas raised Amazon.com from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th. Westpark Capital reaffirmed a "buy" rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, May 2nd. Finally, Sanford C. Bernstein set a $235.00 price target on Amazon.com and gave the stock an "outperform" rating in a report on Tuesday, July 1st. Three equities 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. Based on data from MarketBeat, Amazon.com presently has a consensus rating of "Moderate Buy" and a consensus price target of $249.42.

View Our Latest Stock Analysis on Amazon.com

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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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