Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Stratos Investment Management LLC

Stratos Investment Management LLC grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,812 shares of the e-commerce giant’s stock after buying an additional 735 shares during the period. Stratos Investment Management LLC’s holdings in Amazon.com were worth $5,745,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Trinity Street Asset Management LLP raised its stake in shares of Amazon.com by 20.3% in the fourth quarter. Trinity Street Asset Management LLP now owns 159,402 shares of the e-commerce giant’s stock worth $24,220,000 after purchasing an additional 26,910 shares during the last quarter. Harvey Investment Co. LLC acquired a new position in Amazon.com in the 4th quarter worth approximately $238,000. Rappaport Reiches Capital Management LLC increased its holdings in Amazon.com by 7.2% in the 4th quarter. Rappaport Reiches Capital Management LLC now owns 7,389 shares of the e-commerce giant’s stock worth $1,123,000 after buying an additional 494 shares during the period. Alpine Woods Capital Investors LLC raised its position in Amazon.com by 107.2% during the 4th quarter. Alpine Woods Capital Investors LLC now owns 55,342 shares of the e-commerce giant’s stock worth $8,409,000 after buying an additional 28,632 shares during the last quarter. Finally, Canal Capital Management LLC lifted its stake in Amazon.com by 5.5% during the 4th quarter. Canal Capital Management LLC now owns 37,111 shares of the e-commerce giant’s stock valued at $5,639,000 after acquiring an additional 1,921 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Amazon.com from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. Wedbush reiterated an “outperform” rating and set a $220.00 price objective on shares of Amazon.com in a research note on Wednesday, April 10th. Royal Bank of Canada boosted their price objective on Amazon.com from $180.00 to $215.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Morgan Stanley raised their target price on Amazon.com from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Friday, February 2nd. Finally, Mizuho boosted their price target on Amazon.com from $220.00 to $230.00 and gave the company a “buy” rating in a report on Friday, February 2nd. One analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Amazon.com currently has an average rating of “Buy” and an average target price of $202.80.

Amazon.com Stock Up 1.5 %

Shares of AMZN opened at $177.23 on Tuesday. The stock has a fifty day simple moving average of $177.38 and a two-hundred day simple moving average of $157.63. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $1.84 trillion, a PE ratio of 61.11, a price-to-earnings-growth ratio of 1.52 and a beta of 1.17. Amazon.com, Inc. has a 52-week low of $101.15 and a 52-week high of $189.77.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.19. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The company had revenue of $169.96 billion for the quarter, compared to the consensus estimate of $165.96 billion. During the same period in the previous year, the firm earned $0.21 earnings per share. Amazon.com’s quarterly revenue was up 13.9% compared to the same quarter last year. As a group, equities analysts forecast that Amazon.com, Inc. will post 4.1 EPS for the current year.

Insider Buying and Selling

In other news, CEO Douglas J. Herrington sold 20,200 shares of the company’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $169.99, for a total value of $3,433,798.00. Following the transaction, the chief executive officer now owns 514,131 shares of the company’s stock, valued at approximately $87,397,128.69. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $155.72, for a total transaction of $77,860.00. Following the transaction, the chief executive officer now directly owns 116,560 shares in the company, valued at $18,150,723.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 20,200 shares of Amazon.com stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $169.99, for a total value of $3,433,798.00. Following the completion of the sale, the chief executive officer now directly owns 514,131 shares of the company’s stock, valued at $87,397,128.69. The disclosure for this sale can be found here. Over the last three months, insiders sold 32,214,010 shares of company stock worth $5,505,889,146. Company insiders own 10.80% of the company’s stock.

Amazon.com 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.