A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. AMF Tjanstepension AB raised its position in Amazon.com by 44.3% in the third quarter. AMF Tjanstepension AB now owns 2,641,401 shares of the e-commerce giant’s stock valued at $492,172,000 after purchasing an additional 811,425 shares during the last quarter. Keeler & Nadler Financial Planning & Wealth Management increased its stake in shares of Amazon.com by 12.0% in the third quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 3,560 shares of the e-commerce giant’s stock valued at $663,000 after buying an additional 381 shares during the period. Pinnacle Bancorp Inc. raised its holdings in Amazon.com by 19.3% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 29,241 shares of the e-commerce giant’s stock valued at $5,448,000 after buying an additional 4,721 shares during the last quarter. LifePro Asset Management boosted its position in Amazon.com by 74.3% during the 3rd quarter. LifePro Asset Management now owns 6,484 shares of the e-commerce giant’s stock worth $1,208,000 after buying an additional 2,765 shares during the period. Finally, Watts Gwilliam & Co. LLC bought a new stake in Amazon.com during the 3rd quarter worth approximately $6,056,000. Institutional investors own 72.20% of the company’s stock.

Several equities analysts have recently issued reports on the stock. Mizuho raised their price target on shares of Amazon.com from $240.00 to $260.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Piper Sandler reaffirmed an “overweight” rating and set a $265.00 target price (up from $225.00) on shares of Amazon.com in a research report on Friday, February 7th. Rosenblatt Securities upped their price target on Amazon.com from $236.00 to $287.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Morgan Stanley increased their price target on Amazon.com from $230.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Finally, Wells Fargo & Company cut their price objective on Amazon.com from $207.00 to $203.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 25th. Two investment analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $260.65.

View Our Latest Report on Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 19,212 shares of Amazon.com stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $217.50, for a total value of $4,178,610.00. Following the sale, the senior vice president now owns 49,950 shares of the company’s stock, valued at approximately $10,864,125. The trade was a 27.78 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Douglas J. Herrington sold 27,500 shares of the stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total value of $6,332,425.00. Following the transaction, the chief executive officer now directly owns 497,067 shares of the company’s stock, valued at approximately $114,459,618.09. This trade represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 106,649 shares of company stock worth $23,871,905. Insiders own 10.80% of the company’s stock.

NASDAQ AMZN opened at $199.25 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The business has a fifty day simple moving average of $224.11 and a 200 day simple moving average of $206.61. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52. The firm has a market capitalization of $2.11 trillion, a P/E ratio of 36.03, a PEG ratio of 1.50 and a beta of 1.19.

Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, beating the consensus estimate of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. On average, analysts predict 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.

Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

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