Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Investment Partners LTD.

Investment Partners LTD. boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,806 shares of the e-commerce giant’s stock after purchasing an additional 144 shares during the period. Investment Partners LTD.’s holdings in Amazon.com were worth $1,047,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in AMZN. Norges Bank acquired a new position in shares of Amazon.com in the 4th quarter valued at $17,700,551,000. Vanguard Group Inc. boosted its holdings in shares of Amazon.com by 4.4% in the third quarter. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant’s stock worth $96,350,832,000 after buying an additional 32,038,029 shares during the period. International Assets Investment Management LLC increased its position in shares of Amazon.com by 16,029.3% in the fourth quarter. International Assets Investment Management LLC now owns 23,865,216 shares of the e-commerce giant’s stock worth $36,260,810,000 after acquiring an additional 23,717,254 shares in the last quarter. FMR LLC raised its holdings in shares of Amazon.com by 7.7% during the third quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock valued at $38,403,135,000 after acquiring an additional 21,649,871 shares during the period. Finally, Global Assets Advisory LLC lifted its position in shares of Amazon.com by 30,350.2% in the 1st quarter. Global Assets Advisory LLC now owns 6,531,569 shares of the e-commerce giant’s stock valued at $1,178,164,000 after acquiring an additional 6,510,119 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Stock Performance

Shares of NASDAQ AMZN opened at $200.00 on Wednesday. The firm has a market capitalization of $2.08 trillion, a price-to-earnings ratio of 56.02, a PEG ratio of 1.38 and a beta of 1.15. Amazon.com, Inc. has a one year low of $118.35 and a one year high of $200.43. The business has a fifty day simple moving average of $184.27 and a 200 day simple moving average of $173.63. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.15. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The company had revenue of $143.31 billion during the quarter, compared to analysts’ expectations of $142.65 billion. During the same quarter in the prior year, the company posted $0.31 EPS. The business’s revenue was up 12.5% on a year-over-year basis. Sell-side analysts expect that Amazon.com, Inc. will post 4.72 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Roth Mkm reiterated a “buy” rating and set a $210.00 price objective (up from $205.00) on shares of Amazon.com in a research report on Wednesday, May 1st. JPMorgan Chase & Co. upped their price target on Amazon.com from $225.00 to $240.00 and gave the company an “overweight” rating in a research report on Wednesday, May 1st. Morgan Stanley raised their price objective on Amazon.com from $215.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. Monness Crespi & Hardt upped their target price on Amazon.com from $215.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, May 1st. Finally, Mizuho increased their price target on shares of Amazon.com from $230.00 to $240.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. One analyst has rated the stock with a hold rating, forty-three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $215.86.

Insiders Place Their Bets

In other news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $184.00, for a total value of $92,000.00. Following the sale, the chief executive officer now directly owns 131,600 shares in the company, valued at approximately $24,214,400. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $184.00, for a total value of $92,000.00. Following the sale, the chief executive officer now owns 131,600 shares of the company’s stock, valued at approximately $24,214,400. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP David Zapolsky sold 4,710 shares of the stock in a transaction on Thursday, June 27th. The stock was sold at an average price of $195.00, for a total value of $918,450.00. Following the transaction, the senior vice president now owns 59,500 shares of the company’s stock, valued at $11,602,500. The disclosure for this sale can be found here. Insiders sold a total of 66,548 shares of company stock worth $12,180,239 over the last quarter. Company insiders own 10.80% of the company’s stock.

Amazon.com Company Profile

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.