Other institutional investors also recently bought and sold shares of the company. Momentous Wealth Management Inc. purchased a new stake in shares of Amazon.com in the 4th quarter valued at about $749,000. Segall Bryant & Hamill LLC increased its position in Amazon.com by 14.3% during the 4th quarter. Segall Bryant & Hamill LLC now owns 317,114 shares of the e-commerce giant’s stock worth $69,572,000 after purchasing an additional 39,696 shares during the period. Bearing Point Capital LLC acquired a new position in Amazon.com during the 4th quarter worth approximately $12,014,000. Evergreen Capital Management LLC grew its holdings in shares of Amazon.com by 0.5% in the 4th quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant’s stock worth $53,213,000 after acquiring an additional 1,198 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Amazon.com by 173.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,461,573 shares of the e-commerce giant’s stock worth $759,434,000 after acquiring an additional 2,196,353 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

A number of research firms recently issued reports on AMZN. Oppenheimer upped their target price on Amazon.com from $215.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday. Evercore ISI cut their target price on Amazon.com from $270.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, May 2nd. Barclays lowered their price target on Amazon.com from $265.00 to $240.00 and set an “overweight” rating for the company in a report on Friday, May 2nd. Needham & Company LLC restated a “buy” rating and set a $220.00 target price on shares of Amazon.com in a research note on Friday, May 2nd. Finally, Benchmark restated a “buy” rating and set a $260.00 target price on shares of Amazon.com in a research note on Friday, May 2nd. Four investment 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, the stock currently has an average rating of “Moderate Buy” and an average target price of $245.53.

Get Our Latest Stock Analysis on Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 2,695 shares of Amazon.com stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $200.79, for a total transaction of $541,129.05. Following the transaction, the vice president now directly owns 119,780 shares in the company, valued at approximately $24,050,626.20. The trade was a 2.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $190.67, for a total transaction of $476,675.00. Following the transaction, the chief executive officer now owns 506,974 shares in the company, valued at approximately $96,664,732.58. The trade was a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 102,037 shares of company stock worth $20,531,075. Corporate insiders own 9.70% of the company’s stock.

Amazon.com stock opened at $209.69 on Friday. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $242.52. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.84 and a current ratio of 1.05. The firm 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 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 quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, topping 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 firm 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 EPS. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. On average, research 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.

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