A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Schaper Benz & Wise Investment Counsel Inc. WI increased its position in Amazon.com by 7.8% in the 1st quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 61,046 shares of the e-commerce giant’s stock worth $11,615,000 after buying an additional 4,420 shares during the period. Vista Investment Partners LLC grew its stake in shares of Amazon.com by 6.5% in the first quarter. Vista Investment Partners LLC now owns 5,807 shares of the e-commerce giant’s stock worth $1,105,000 after acquiring an additional 355 shares during the last quarter. Vicus Capital increased its position in Amazon.com by 20.6% during the first quarter. Vicus Capital now owns 34,068 shares of the e-commerce giant’s stock worth $6,482,000 after acquiring an additional 5,819 shares during the period. AA Financial Advisors LLC raised its stake in Amazon.com by 12.7% during the 1st quarter. AA Financial Advisors LLC now owns 15,092 shares of the e-commerce giant’s stock valued at $2,871,000 after purchasing an additional 1,699 shares during the last quarter. Finally, Inscription Capital LLC bought a new stake in Amazon.com in the 1st quarter valued at $8,879,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

AMZN has been the topic of several research reports. JMP Securities restated a “market outperform” rating on shares of Amazon.com in a report on Tuesday, May 6th. Stifel Nicolaus lowered their price target on Amazon.com from $248.00 to $245.00 and set a “buy” rating on the stock in a research note on Friday, May 2nd. Telsey Advisory Group reiterated an “outperform” rating and issued a $235.00 price objective on shares of Amazon.com in a research report on Friday, May 2nd. Sanford C. Bernstein set a $235.00 price objective on Amazon.com and gave the stock an “outperform” rating in a report on Tuesday. Finally, Barclays cut their target price on Amazon.com from $265.00 to $240.00 and set an “overweight” rating for the company in a research note on Friday, May 2nd. Three equities research analysts have rated the stock with a hold rating, forty-five have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and an average price target of $245.60.

Read Our Latest Research Report on Amazon.com

Shares of AMZN stock opened at $223.13 on Friday. The firm has a market cap of $2.37 trillion, a price-to-earnings ratio of 36.34, a PEG ratio of 1.68 and a beta of 1.33. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52. 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 stock has a 50-day moving average price of $206.44 and a 200 day moving average price of $208.70.

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 (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.21. Amazon.com had a net margin of 10.14% and a return on equity of 24.14%. The company had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. During the same quarter last year, the firm earned $0.98 EPS. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. Research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $202.41, for a total transaction of $2,746,703.70. Following the transaction, the senior vice president owned 47,030 shares in the company, valued at approximately $9,519,342.30. This trade represents a 22.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Brian T. Olsavsky sold 17,750 shares of the company’s stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $201.57, for a total value of $3,577,867.50. Following the completion of the sale, the chief financial officer directly owned 49,000 shares of the company’s stock, valued at approximately $9,876,930. This trade represents a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 3,426,963 shares of company stock worth $757,297,707. 9.70% of the stock is owned by company insiders.

(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.

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