Kidder Stephen W Purchases 218 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Kidder Stephen W raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 63,579 shares of the e-commerce giant’s stock after acquiring an additional 218 shares during the quarter. Amazon.com accounts for about 4.2% of Kidder Stephen W’s portfolio, making the stock its 7th biggest holding. Kidder Stephen W’s holdings in Amazon.com were worth $13,949,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in AMZN. Swedbank AB lifted its stake in Amazon.com by 1.4% during the third quarter. Swedbank AB now owns 13,335,826 shares of the e-commerce giant’s stock valued at $2,484,864,000 after buying an additional 183,610 shares in the last quarter. Sassicaia Capital Advisers LLC acquired a new stake in shares of Amazon.com during the third quarter valued at approximately $279,000. Howard Capital Management Group LLC lifted its position in shares of Amazon.com by 0.3% in the 3rd quarter. Howard Capital Management Group LLC now owns 356,539 shares of the e-commerce giant’s stock valued at $66,434,000 after acquiring an additional 897 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Amazon.com by 5.1% in the 3rd quarter. Principal Financial Group Inc. now owns 20,166,314 shares of the e-commerce giant’s stock worth $3,757,589,000 after purchasing an additional 984,570 shares during the period. Finally, Nwam LLC grew its position in Amazon.com by 8.4% during the 3rd quarter. Nwam LLC now owns 161,646 shares of the e-commerce giant’s stock worth $30,119,000 after purchasing an additional 12,459 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Down 0.1 %

AMZN opened at $189.98 on Friday. The business has a 50 day moving average of $190.48 and a 200-day moving average of $207.92. The stock has a market capitalization of $2.02 trillion, a price-to-earnings ratio of 34.35, a P/E/G ratio of 1.50 and a beta of 1.39. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.21. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The company had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. During the same period last year, the business posted $0.98 EPS. The business’s quarterly revenue was up 8.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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 transaction of $469,975.00. Following the sale, the chief executive officer now owns 509,474 shares of the company’s stock, valued at approximately $95,776,017.26. This trade represents a 0.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 8,833 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $222.47, for a total value of $1,965,077.51. Following the sale, the vice president now owns 119,780 shares in the company, valued at approximately $26,647,456.60. This represents a 6.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 104,798 shares of company stock valued at $23,341,803 over the last three months. 10.80% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have recently issued reports on AMZN. UBS Group reduced their target price on Amazon.com from $272.00 to $253.00 and set a “buy” rating for the company in a report on Tuesday, April 29th. BNP Paribas raised Amazon.com to a “hold” rating in a research note on Wednesday. Raymond James reaffirmed an “outperform” rating and set a $195.00 target price (down previously from $275.00) on shares of Amazon.com in a research note on Monday, April 21st. Maxim Group increased their price target on shares of Amazon.com from $260.00 to $280.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Finally, JMP Securities restated a “market outperform” rating and set a $240.00 price target on shares of Amazon.com in a report on Thursday. Three investment analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company. According to data from MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and an average target price of $243.55.

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.