A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Castlekeep Investment Advisors LLC purchased a new stake in Amazon.com during the 4th quarter worth approximately $25,000. Prudent Man Investment Management Inc. acquired a new stake in Amazon.com during the 4th quarter worth $27,000. LSV Asset Management acquired a new stake in Amazon.com during the 4th quarter worth $35,000. Perritt Capital Management Inc lifted its stake in shares of 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 acquiring an additional 80 shares during the period. Finally, Quattro Financial Advisors LLC increased its holdings 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. 72.20% of the stock is owned by hedge funds and other institutional investors.

Several research firms have weighed in on AMZN. Royal Bank Of Canada dropped their target price on shares of Amazon.com from $235.00 to $230.00 and set an “outperform” rating for the company in a report on Friday, May 2nd. Stifel Nicolaus dropped their target price on shares of Amazon.com from $248.00 to $245.00 and set a “buy” rating for the company in a report on Friday, May 2nd. BNP Paribas upgraded shares of Amazon.com to a “hold” rating in a report on Wednesday, April 30th. Wedbush restated an “outperform” rating and set a $235.00 target price (up from $225.00) on shares of Amazon.com in a report on Friday, May 2nd. Finally, Bank of America raised their target price 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. Four equities research analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $245.53.

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In other news, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $204.98, for a total transaction of $512,450.00. Following the completion of the transaction, the chief executive officer now owns 517,050 shares of the company’s stock, valued at approximately $105,984,909. The trade was a 0.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Keith Brian Alexander sold 1,000 shares of the business’s stock in a transaction on Monday, May 12th. The shares were sold at an average price of $210.68, for a total transaction of $210,680.00. Following the transaction, the director now directly owns 5,465 shares of the company’s stock, valued at approximately $1,151,366.20. This trade represents a 15.47% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 102,037 shares of company stock valued at $20,531,075. Corporate insiders own 9.70% of the company’s stock.

Shares of AMZN stock opened at $209.69 on Friday. The stock has a market cap of $2.23 trillion, a price-to-earnings ratio of 34.15, a price-to-earnings-growth ratio of 1.59 and a beta of 1.33. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.17. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The firm’s 50 day moving average price is $198.41 and its two-hundred day moving average price is $209.25.

Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 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 for the quarter, compared to analysts’ expectations of $154.96 billion. During the same period in the previous year, the company posted $0.98 earnings per share. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. On average, analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current 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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