Amazon.com, Inc. (NASDAQ:AMZN) Holdings Boosted by Twin Capital Management Inc.

Twin Capital Management Inc. increased its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 146,697 shares of the e-commerce giant's stock after buying an additional 4,022 shares during the quarter. Amazon.com accounts for 3.5% of Twin Capital Management Inc.'s portfolio, making the stock its 4th largest position. Twin Capital Management Inc.'s holdings in Amazon.com were worth $32,184,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Cable Hill Partners LLC increased its holdings in shares of 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 purchasing an additional 44 shares during the period. Quattro Financial Advisors LLC grew its position in Amazon.com by 23.8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock valued at $51,000 after buying an additional 45 shares during the last quarter. Northern Capital Management Inc. grew its position in Amazon.com by 0.6% in the 4th quarter. Northern Capital Management Inc. now owns 7,353 shares of the e-commerce giant's stock valued at $1,613,000 after buying an additional 45 shares during the last quarter. White Wing Wealth Management increased its stake in Amazon.com by 2.4% in the 4th quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant's stock valued at $433,000 after buying an additional 47 shares during the period. Finally, MBM Wealth Consultants LLC raised its position in Amazon.com by 0.6% during the 4th quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant's stock worth $1,889,000 after buying an additional 48 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, SVP David Zapolsky sold 19,212 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $217.50, for a total transaction 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 approximately $10,864,125. This represents a 27.78 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 27,500 shares of the firm's stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the completion of the transaction, the chief executive officer now owns 497,067 shares in the company, valued at $114,459,618.09. The trade was a 5.24 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 107,298 shares of company stock valued at $23,818,478. Insiders own 9.70% of the company's stock.

Amazon.com Stock Performance

Amazon.com stock opened at $185.01 on Wednesday. The stock has a fifty day moving average price of $189.45 and a 200 day moving average price of $207.88. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. The firm has a market capitalization of $1.96 trillion, a P/E ratio of 33.46, a PEG ratio of 1.50 and a beta of 1.30. 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 (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analysts Set New Price Targets

AMZN has been the topic of several analyst reports. JPMorgan Chase & Co. boosted their price target on shares of Amazon.com from $220.00 to $225.00 and gave the stock an "overweight" rating in a research note on Friday, May 2nd. Phillip Securities lowered Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a report on Monday, February 10th. BNP Paribas raised Amazon.com to a "hold" rating in a research note on Wednesday, April 30th. Needham & Company LLC restated a "buy" rating and issued a $220.00 price target on shares of Amazon.com in a research note on Friday, May 2nd. Finally, DA Davidson dropped their price objective on Amazon.com from $280.00 to $230.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Four investment analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $244.09.

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.

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