Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 12.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 677,349 shares of the e-commerce giant’s stock after acquiring an additional 74,450 shares during the quarter. Amazon.com makes up approximately 4.1% of Commerzbank Aktiengesellschaft FI’s holdings, making the stock its 5th largest holding. Commerzbank Aktiengesellschaft FI’s holdings in Amazon.com were worth $102,916,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Trinity Street Asset Management LLP lifted its position in shares of Amazon.com by 3.0% during the third quarter. Trinity Street Asset Management LLP now owns 132,492 shares of the e-commerce giant’s stock worth $16,842,000 after purchasing an additional 3,879 shares in the last quarter. FAS Wealth Partners Inc. acquired a new position in Amazon.com during the 3rd quarter worth $7,783,000. Compagnie Lombard Odier SCmA bought a new position in Amazon.com in the 3rd quarter valued at $192,863,000. Mcdaniel Terry & Co. increased its stake in shares of Amazon.com by 2.4% in the 3rd quarter. Mcdaniel Terry & Co. now owns 123,976 shares of the e-commerce giant’s stock valued at $15,760,000 after buying an additional 2,943 shares during the period. Finally, Arcadia Investment Management Corp MI raised its position in shares of Amazon.com by 1.5% during the third quarter. Arcadia Investment Management Corp MI now owns 59,615 shares of the e-commerce giant’s stock worth $7,578,000 after acquiring an additional 882 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AMZN has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft raised their price target on Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Robert W. Baird boosted their price target on shares of Amazon.com from $205.00 to $210.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 1st. UBS Group raised their price objective on shares of Amazon.com from $215.00 to $217.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. Rosenblatt Securities reaffirmed a “buy” rating and set a $220.00 target price on shares of Amazon.com in a report on Wednesday, May 1st. Finally, Truist Financial raised their price target on Amazon.com from $216.00 to $220.00 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-four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $211.62.

Insider Buying and Selling at Amazon.com

In other news, Director Keith Brian Alexander sold 1,000 shares of the company’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $186.22, for a total transaction of $186,220.00. Following the completion of the transaction, the director now directly owns 4,760 shares in the company, valued at $886,407.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Keith Brian Alexander sold 1,000 shares of Amazon.com stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $186.22, for a total transaction of $186,220.00. Following the sale, the director now directly owns 4,760 shares of the company’s stock, valued at $886,407.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 3,500 shares of the business’s stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $180.29, for a total value of $631,015.00. Following the sale, the chief executive officer now owns 509,358 shares in the company, valued at $91,832,153.82. The disclosure for this sale can be found here. Insiders have sold a total of 20,187,979 shares of company stock worth $3,440,575,337 over the last 90 days. Insiders own 10.80% of the company’s stock.

Amazon.com Stock Performance

AMZN opened at $187.48 on Friday. The firm has a market cap of $1.95 trillion, a P/E ratio of 52.52, a price-to-earnings-growth ratio of 1.37 and a beta of 1.15. The business’s fifty day moving average is $180.34 and its 200-day moving average is $162.43. Amazon.com, Inc. has a 52-week low of $109.25 and a 52-week high of $191.70. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.87 and a current ratio of 1.07.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.15. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The firm had revenue of $143.31 billion for the quarter, compared to the consensus estimate of $142.65 billion. During the same quarter last year, the business posted $0.31 EPS. The company’s revenue was up 12.5% compared to the same quarter last year. Sell-side analysts expect that Amazon.com, Inc. will post 4.67 EPS for the current fiscal year.

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.