Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Boosted by IQ EQ FUND MANAGEMENT IRELAND Ltd

IQ EQ FUND MANAGEMENT IRELAND Ltd grew its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 448.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,992 shares of the e-commerce giant's stock after buying an additional 6,535 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd's holdings in Amazon.com were worth $1,753,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of AMZN. Swedbank AB increased its holdings in shares of Amazon.com by 1.4% in 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 purchasing an additional 183,610 shares during the period. Sassicaia Capital Advisers LLC acquired a new stake in shares of Amazon.com in the third quarter worth $279,000. Howard Capital Management Group LLC raised its holdings in shares of Amazon.com by 0.3% during the third quarter. Howard Capital Management Group LLC now owns 356,539 shares of the e-commerce giant's stock worth $66,434,000 after purchasing an additional 897 shares during the last quarter. Pettinga Financial Advisors LLC raised its holdings in shares of Amazon.com by 4.3% during the third quarter. Pettinga Financial Advisors LLC now owns 5,512 shares of the e-commerce giant's stock worth $1,027,000 after purchasing an additional 225 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its position in Amazon.com by 5.1% during the third quarter. Principal Financial Group Inc. now owns 20,166,314 shares of the e-commerce giant's stock valued at $3,757,589,000 after purchasing an additional 984,570 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Trading Up 2.9 %

Shares of NASDAQ:AMZN traded up $5.28 during trading on Thursday, reaching $189.70. The stock had a trading volume of 13,902,199 shares, compared to its average volume of 41,569,011. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The business has a fifty day moving average price of $191.39 and a 200-day moving average price of $207.74. 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 $2.01 trillion, a P/E ratio of 34.22, a PEG ratio of 1.50 and a beta of 1.39.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, topping analysts' consensus estimates of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. As a group, analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity at Amazon.com

In other news, VP Shelley Reynolds sold 8,833 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the completion of the transaction, the vice president now directly owns 119,780 shares in the company, valued at approximately $26,647,456.60. This represents a 6.87 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP David Zapolsky sold 5,848 shares of the firm's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $220.72, for a total transaction of $1,290,770.56. Following the transaction, the senior vice president now directly owns 69,162 shares of the company's stock, valued at approximately $15,265,436.64. This represents a 7.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 104,798 shares of company stock valued at $23,341,803. Corporate insiders own 10.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on AMZN shares. Piper Sandler reaffirmed an "overweight" rating and set a $265.00 price objective (up previously from $225.00) on shares of Amazon.com in a research note on Friday, February 7th. Bank of America reduced their price objective on Amazon.com from $257.00 to $225.00 and set a "buy" rating for the company in a research note on Wednesday, April 9th. Mizuho lowered their price target on shares of Amazon.com from $285.00 to $255.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 9th. Maxim Group lifted their price target on shares of Amazon.com from $260.00 to $280.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Finally, Stifel Nicolaus lowered their price objective on shares of Amazon.com from $275.00 to $248.00 and set a "buy" rating for the company in a research report on Wednesday, April 23rd. Two analysts have rated the stock with a hold rating and forty-five have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $246.50.

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.