Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Lifted by TigerOak Management L.L.C.

TigerOak Management L.L.C. increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,770 shares of the e-commerce giant’s stock after buying an additional 82 shares during the quarter. Amazon.com accounts for about 4.4% of TigerOak Management L.L.C.’s portfolio, making the stock its 7th largest position. TigerOak Management L.L.C.’s holdings in Amazon.com were worth $11,372,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Tyche Wealth Partners LLC raised its holdings in Amazon.com by 4.6% in the 1st quarter. Tyche Wealth Partners LLC now owns 55,666 shares of the e-commerce giant’s stock worth $10,591,000 after purchasing an additional 2,452 shares during the period. Generate Investment Management Ltd grew its position in shares of Amazon.com by 101.2% in the first quarter. Generate Investment Management Ltd now owns 582,747 shares of the e-commerce giant’s stock valued at $110,873,000 after purchasing an additional 293,103 shares in the last quarter. Live Oak Investment Partners grew its position in shares of Amazon.com by 1.3% in the first quarter. Live Oak Investment Partners now owns 11,770 shares of the e-commerce giant’s stock valued at $2,239,000 after purchasing an additional 147 shares in the last quarter. Alpine Bank Wealth Management purchased a new stake in shares of Amazon.com in the first quarter valued at approximately $2,166,000. Finally, NRI Wealth Management LC grew its position in shares of Amazon.com by 4.4% in the first quarter. NRI Wealth Management LC now owns 28,497 shares of the e-commerce giant’s stock valued at $5,422,000 after purchasing an additional 1,193 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on AMZN. Wells Fargo & Company raised their price target on Amazon.com from $201.00 to $238.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 8th. JPMorgan Chase & Co. raised their price target on Amazon.com from $240.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, July 11th. Jefferies Financial Group lifted their target price on Amazon.com from $255.00 to $265.00 in a research report on Wednesday. Wall Street Zen cut Amazon.com from a “buy” rating to a “hold” rating in a research report on Monday, May 5th. Finally, Oppenheimer raised their price target on Amazon.com from $215.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, June 20th. Three analysts have rated the stock with a hold rating, forty-five have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and a consensus price target of $250.35.

Insider Buying and Selling

In related news, insider Jeffrey P. Bezos sold 733,195 shares of Amazon.com stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $227.02, for a total transaction of $166,449,928.90. Following the completion of the transaction, the insider directly owned 894,546,706 shares of the company’s stock, valued at approximately $203,079,993,196.12. The trade was a 0.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $220.06, for a total value of $550,150.00. Following the sale, the chief executive officer directly owned 514,550 shares of the company’s stock, valued at approximately $113,231,873. This trade represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 14,335,232 shares of company stock valued at $3,210,622,570 over the last ninety days. 9.70% of the stock is owned by insiders.

Amazon.com Trading Up 0.3%

Shares of NASDAQ:AMZN opened at $223.88 on Friday. The business has a 50-day moving average price of $212.84 and a 200-day moving average price of $208.62. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.17. The stock has a market cap of $2.38 trillion, a price-to-earnings ratio of 36.46, a PEG ratio of 1.67 and a beta of 1.33. 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 results on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, beating the consensus estimate of $1.38 by $0.21. Amazon.com had a return on equity of 24.14% and a net margin of 10.14%. The business had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. During the same quarter in the prior year, the company posted $0.98 EPS. The company’s quarterly revenue was up 8.6% on a year-over-year basis. Equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.