Amazon.com, Inc. (NASDAQ:AMZN) is Himension Capital Singapore PTE. LTD.'s 6th Largest Position

Himension Capital Singapore PTE. LTD. decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 15.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 281,423 shares of the e-commerce giant's stock after selling 51,665 shares during the quarter. Amazon.com comprises approximately 4.3% of Himension Capital Singapore PTE. LTD.'s investment portfolio, making the stock its 6th biggest holding. Himension Capital Singapore PTE. LTD.'s holdings in Amazon.com were worth $61,741,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of AMZN. Accordant Advisory Group Inc grew its position in shares of Amazon.com by 400.0% in the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock valued at $27,000 after purchasing an additional 100 shares during the period. Prudent Man Investment Management Inc. acquired a new position in shares of Amazon.com in the fourth quarter valued at approximately $27,000. Perritt Capital Management Inc increased its position in shares of Amazon.com by 72.7% during the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock worth $42,000 after acquiring an additional 80 shares in the last quarter. Quattro Financial Advisors LLC raised its holdings in shares of Amazon.com by 23.8% during the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock worth $51,000 after acquiring an additional 45 shares during the period. Finally, Compass Planning Associates Inc bought a new stake in Amazon.com in the 4th quarter valued at $51,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Insiders Place Their Bets

In related news, VP Shelley Reynolds sold 8,833 shares of Amazon.com stock in a transaction 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 completion of the sale, the vice president now owns 119,780 shares of the company's stock, valued at approximately $26,647,456.60. This trade represents a 6.87 % decrease in their position. The transaction was disclosed in a document filed with the SEC, 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 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 directly owns 497,067 shares in the company, valued at $114,459,618.09. This trade represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 107,298 shares of company stock worth $23,818,478. 9.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

AMZN has been the subject of several research reports. Morgan Stanley decreased their price target on shares of Amazon.com from $280.00 to $245.00 and set an "overweight" rating for the company in a research note on Monday, April 14th. UBS Group reiterated a "buy" rating on shares of Amazon.com in a research note on Tuesday. Rosenblatt Securities increased their price objective on shares of Amazon.com from $287.00 to $288.00 and gave the stock a "buy" rating in a research note on Friday, May 2nd. Canaccord Genuity Group reaffirmed a "buy" rating on shares of Amazon.com in a research report on Thursday, February 13th. Finally, Wells Fargo & Company reduced their price target on Amazon.com from $207.00 to $203.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 25th. Four 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.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $244.09.

Amazon.com Trading Up 2.0 %

Shares of NASDAQ AMZN traded up $3.70 during trading on Wednesday, reaching $188.71. The company had a trading volume of 43,929,015 shares, compared to its average volume of 41,656,015. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52. 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 stock has a market cap of $2.00 trillion, a P/E ratio of 34.12, a PEG ratio of 1.50 and a beta of 1.30. The company's fifty day moving average price is $189.45 and its 200-day moving average price is $207.88.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results 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 the consensus estimate of $154.96 billion. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The company's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.98 EPS. As a group, research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share 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.