Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 10.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 484,580 shares of the e-commerce giant’s stock after acquiring an additional 44,911 shares during the quarter. Amazon.com makes up 5.5% of Motley Fool Asset Management LLC’s holdings, making the stock its 4th largest holding. Motley Fool Asset Management LLC’s holdings in Amazon.com were worth $106,312,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Cable Hill Partners LLC boosted its stake in Amazon.com by 0.5% in the fourth quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant’s stock valued at $2,104,000 after acquiring an additional 44 shares during the last quarter. Quattro Financial Advisors LLC raised its stake 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 buying an additional 45 shares during the period. Northern Capital Management Inc. raised its stake in Amazon.com by 0.6% during the 4th quarter. Northern Capital Management Inc. now owns 7,353 shares of the e-commerce giant’s stock worth $1,613,000 after buying an additional 45 shares during the period. White Wing Wealth Management lifted its holdings in Amazon.com by 2.4% during the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant’s stock worth $433,000 after acquiring an additional 47 shares in the last quarter. Finally, MBM Wealth Consultants LLC grew its stake in Amazon.com by 0.6% in the fourth quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant’s stock valued at $1,889,000 after acquiring an additional 48 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance

Amazon.com stock opened at $189.98 on Friday. The stock has a market cap of $2.02 trillion, a price-to-earnings ratio of 34.35, a PEG ratio of 1.50 and a beta of 1.39. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The business has a 50-day simple moving average of $190.48 and a 200 day simple moving average of $207.77. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.21. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The company had revenue of $155.67 billion for the quarter, compared to analysts’ expectations of $154.96 billion. During the same period last year, the firm posted $0.98 EPS. Amazon.com’s revenue for the quarter was up 8.6% compared to the same quarter last year. On average, research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on AMZN. Citigroup dropped their target price on shares of Amazon.com from $273.00 to $225.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Canaccord Genuity Group reiterated a “buy” rating on shares of Amazon.com in a report on Thursday, February 13th. Deutsche Bank Aktiengesellschaft lowered their target price on Amazon.com from $287.00 to $206.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. JPMorgan Chase & Co. raised their target price on shares of Amazon.com from $220.00 to $225.00 and gave the company an “overweight” rating in a research note on Friday. Finally, Piper Sandler reiterated an “overweight” rating and set a $212.00 price target (down previously from $215.00) on shares of Amazon.com in a report on Friday. Three research analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company. Based on data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and an average price target of $243.55.

Insider Buying and Selling

In other news, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total value of $469,975.00. Following the sale, the chief executive officer now directly owns 509,474 shares in the company, valued at approximately $95,776,017.26. This trade represents a 0.49 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 20,784 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.60. Following the transaction, the chief executive officer now directly owns 2,118,886 shares in the company, valued at $467,532,195.90. This trade represents a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 104,798 shares of company stock valued at $23,341,803 over the last ninety days. 10.80% of the stock is owned by 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.