Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by FCA Corp TX

FCA Corp TX increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,465 shares of the e-commerce giant’s stock after purchasing an additional 78 shares during the period. FCA Corp TX’s holdings in Amazon.com were worth $2,037,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Amazon.com by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant’s stock valued at $180,637,081,000 after purchasing an additional 17,635,391 shares during the last quarter. State Street Corp increased its position in Amazon.com by 3.3% during the 3rd quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock worth $66,926,008,000 after purchasing an additional 11,370,309 shares in the last quarter. Geode Capital Management LLC raised its holdings in Amazon.com by 3.4% in the third quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock valued at $37,116,341,000 after buying an additional 6,545,944 shares during the period. Bank of New York Mellon Corp lifted its position in Amazon.com by 0.8% during the fourth quarter. Bank of New York Mellon Corp now owns 67,092,427 shares of the e-commerce giant’s stock valued at $14,719,407,000 after buying an additional 545,292 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Amazon.com by 4.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 59,638,207 shares of the e-commerce giant’s stock worth $13,084,026,000 after buying an additional 2,330,113 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Up 4.4 %

Amazon.com stock opened at $180.84 on Thursday. 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, Inc. has a one year low of $151.61 and a one year high of $242.52. The company has a 50-day simple moving average of $195.11 and a 200-day simple moving average of $207.66. The firm has a market capitalization of $1.92 trillion, a P/E ratio of 32.70, a P/E/G ratio of 1.50 and a beta of 1.39.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, topping 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, equities analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. HSBC lifted their target price on shares of Amazon.com from $225.00 to $270.00 and gave the company a “buy” rating in a report on Monday, January 13th. Telsey Advisory Group reduced their price objective on Amazon.com from $275.00 to $235.00 and set an “outperform” rating on the stock in a research note on Wednesday. Citigroup lowered their target price on Amazon.com from $273.00 to $225.00 and set a “buy” rating for the company in a research note on Monday, April 14th. JPMorgan Chase & Co. reduced their price target on Amazon.com from $270.00 to $220.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 8th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Amazon.com from $287.00 to $206.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Two research analysts have rated the stock with a hold rating and forty-five have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $247.56.

Insider Buying and Selling

In related news, SVP David Zapolsky sold 19,212 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $217.50, for a total value of $4,178,610.00. Following the completion of the sale, the senior vice president now owns 49,950 shares of the company’s stock, valued at $10,864,125. This represents a 27.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 5,501 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $228.44, for a total transaction of $1,256,648.44. Following the completion of the transaction, the chief executive officer now owns 505,318 shares of the company’s stock, valued at $115,434,843.92. This represents a 1.08 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 104,798 shares of company stock valued at $23,341,803 in the last three months. 10.80% of the stock is currently owned by corporate insiders.

About Amazon.com

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.