APEIRON CAPITAL Ltd Boosts Position in Amazon.com, Inc. (NASDAQ:AMZN)

APEIRON CAPITAL Ltd grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 103.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 81,800 shares of the e-commerce giant’s stock after buying an additional 41,500 shares during the period. Amazon.com makes up 7.2% of APEIRON CAPITAL Ltd’s investment portfolio, making the stock its 6th largest holding. APEIRON CAPITAL Ltd’s holdings in Amazon.com were worth $15,563,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of AMZN. Norges Bank bought a new position in Amazon.com during the 4th quarter valued at $27,266,582,000. GAMMA Investing LLC boosted its holdings in Amazon.com by 21,420.5% in the 1st quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant’s stock worth $5,754,425,000 after buying an additional 30,104,520 shares during the period. Capital World Investors grew its position in shares of Amazon.com by 36.8% in the fourth quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant’s stock valued at $14,416,078,000 after purchasing an additional 17,681,004 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of 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 acquiring an additional 17,635,391 shares during the period. Finally, Proficio Capital Partners LLC boosted its position in shares of Amazon.com by 17,054.5% in the fourth quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant’s stock valued at $2,652,116,000 after acquiring an additional 12,018,120 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Stock Up 0.3%

NASDAQ:AMZN opened at $226.35 on Wednesday. The firm has a market cap of $2.40 trillion, a P/E ratio of 36.86, a P/E/G ratio of 1.69 and a beta of 1.33. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.84 and a current ratio of 1.05. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The firm has a 50-day simple moving average of $211.52 and a two-hundred day simple moving average of $208.50.

Amazon.com (NASDAQ:AMZN) last released 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. The business had revenue of $155.67 billion during the quarter, compared to analyst estimates of $154.96 billion. Amazon.com had a net margin of 10.14% and a return on equity of 24.14%. Amazon.com’s revenue was up 8.6% compared to the same quarter last year. During the same period last year, the business earned $0.98 EPS. Analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on AMZN shares. Evercore ISI dropped their target price on shares of Amazon.com from $270.00 to $260.00 and set an “outperform” rating for the company in a research report on Friday, May 2nd. UBS Group reaffirmed a “buy” rating on shares of Amazon.com in a research note on Tuesday, May 6th. Mizuho cut their price objective on shares of Amazon.com from $285.00 to $255.00 and set an “outperform” rating for the company in a research note on Wednesday, April 9th. Telsey Advisory Group reiterated an “outperform” rating and set a $235.00 price target on shares of Amazon.com in a report on Thursday, July 10th. Finally, DA Davidson dropped their price target on shares of Amazon.com from $280.00 to $230.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Three investment analysts have rated the stock with a hold rating, forty-five have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and an average price target of $249.42.

Insider Transactions at Amazon.com

In other news, insider Jeffrey P. Bezos sold 2,442,187 shares of the firm’s stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $225.89, for a total transaction of $551,665,621.43. Following the sale, the insider owned 895,279,901 shares of the company’s stock, valued at $202,234,776,836.89. This trade represents a 0.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $220.06, for a total transaction of $550,150.00. Following the sale, the chief executive officer directly owned 514,550 shares in the company, valued at approximately $113,231,873. The trade was a 0.48% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 13,602,037 shares of company stock valued at $3,044,172,641. 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.