Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Raised by Berkshire Capital Holdings Inc.

Berkshire Capital Holdings Inc. grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 799,000.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 79,910 shares of the e-commerce giant’s stock after purchasing an additional 79,900 shares during the quarter. Amazon.com makes up about 6.3% of Berkshire Capital Holdings Inc.’s investment portfolio, making the stock its 3rd largest position. Berkshire Capital Holdings Inc.’s holdings in Amazon.com were worth $17,531,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Accordant Advisory Group Inc raised its position in Amazon.com by 400.0% in the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock worth $27,000 after purchasing an additional 100 shares during the period. Icon Wealth Advisors LLC lifted its stake in shares of Amazon.com by 20.5% in the 3rd quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock valued at $28,000 after acquiring an additional 25,581 shares during the last quarter. Quattro Financial Advisors LLC grew its position in Amazon.com by 23.8% during the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after acquiring an additional 45 shares during the last quarter. Compass Planning Associates Inc purchased a new position in Amazon.com in the 4th quarter worth approximately $51,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Amazon.com during the fourth quarter valued at approximately $54,000. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Down 3.1 %

Amazon.com stock opened at $167.32 on Tuesday. The stock has a fifty day moving average of $197.21 and a 200 day moving average of $208.09. The stock has a market cap of $1.77 trillion, a PE ratio of 30.26, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. As a group, sell-side analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analysts Set New Price Targets

AMZN has been the topic of a number of recent analyst reports. Truist Financial cut their price target on shares of Amazon.com from $265.00 to $230.00 and set a “buy” rating on the stock in a report on Thursday, April 10th. Citizens Jmp reduced their target price on Amazon.com from $285.00 to $240.00 and set an “outperform” rating on the stock in a research note on Monday, April 14th. Raymond James reiterated an “outperform” rating and issued a $195.00 price target (down previously from $275.00) on shares of Amazon.com in a report on Monday. Stifel Nicolaus lifted their target price on shares of Amazon.com from $245.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Finally, Westpark Capital started coverage on shares of Amazon.com in a report on Tuesday, April 1st. They issued a “buy” rating and a $280.00 price objective for the company. Two research analysts have rated the stock with a hold rating and forty-five have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $249.90.

Insider Buying and Selling

In other news, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total value of $469,975.00. Following the transaction, the chief executive officer now owns 509,474 shares of the company’s stock, valued at $95,776,017.26. This trade represents a 0.49 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Brian T. Olsavsky sold 14,620 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $223.14, for a total value of $3,262,306.80. Following the transaction, the chief financial officer now owns 49,000 shares of the company’s stock, valued at approximately $10,933,860. This trade represents a 22.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 104,798 shares of company stock valued at $23,341,803. 10.80% of the stock is owned by company insiders.

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.