Capital Management Associates Inc Makes New Investment in Amazon.com, Inc. (NASDAQ:AMZN)

Capital Management Associates Inc bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 6,892 shares of the e-commerce giant’s stock, valued at approximately $1,073,000. Amazon.com accounts for approximately 0.9% of Capital Management Associates Inc’s portfolio, making the stock its 19th biggest holding.

A number of other institutional investors have also made changes to their positions in the business. PayPay Securities Corp boosted its stake in Amazon.com by 54.3% in the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after purchasing an additional 94 shares during the period. E Fund Management Hong Kong Co. Ltd. lifted its holdings in shares of Amazon.com by 45.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock worth $42,000 after buying an additional 86 shares in the last quarter. Bruce G. Allen Investments LLC bought a new stake in shares of Amazon.com in the fourth quarter valued at about $57,000. Authentikos Wealth Advisory LLC acquired a new position in shares of Amazon.com in the third quarter valued at about $49,000. Finally, AM Squared Ltd bought a new position in Amazon.com during the third quarter worth about $76,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on AMZN. Roth Mkm restated a “buy” rating and set a $205.00 target price on shares of Amazon.com in a research report on Tuesday, April 16th. Robert W. Baird increased their price target on Amazon.com from $185.00 to $205.00 and gave the stock an “outperform” rating in a research report on Friday, February 2nd. Bank of America lifted their price objective on Amazon.com from $185.00 to $204.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Maxim Group initiated coverage on shares of Amazon.com in a research note on Wednesday, April 17th. They set a “buy” rating and a $218.00 price objective on the stock. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $200.00 target price on shares of Amazon.com in a research report on Wednesday, March 27th. One analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $202.80.

Amazon.com Trading Up 1.5 %

Shares of Amazon.com stock opened at $177.23 on Tuesday. The stock 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. The stock has a 50 day moving average price of $177.38 and a two-hundred day moving average price of $157.63. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.05.

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

Insider Activity at Amazon.com

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

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.