Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Groupama Asset Managment

Groupama Asset Managment grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 808,035 shares of the e-commerce giant's stock after acquiring an additional 43,594 shares during the period. Amazon.com comprises about 1.3% of Groupama Asset Managment's investment portfolio, making the stock its 19th biggest position. Groupama Asset Managment's holdings in Amazon.com were worth $178,812,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in AMZN. Vanguard Group Inc. increased its stake in Amazon.com by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock valued at $180,637,081,000 after purchasing an additional 17,635,391 shares in the last quarter. State Street Corp increased its holdings in shares of Amazon.com by 3.3% in the third quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant's stock valued at $66,926,008,000 after purchasing an additional 11,370,309 shares during the period. Geode Capital Management LLC raised its position in Amazon.com by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 204,930,426 shares of the e-commerce giant's stock worth $44,837,256,000 after buying an additional 5,015,380 shares during the last quarter. Norges Bank acquired a new stake in shares of Amazon.com in the fourth quarter worth $27,266,582,000. Finally, Bank of New York Mellon Corp raised its holdings in shares of Amazon.com by 0.8% during the fourth quarter. Bank of New York Mellon Corp now owns 67,092,427 shares of the e-commerce giant's stock worth $14,719,407,000 after purchasing an additional 545,292 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of several analyst reports. Cantor Fitzgerald boosted their price objective on Amazon.com from $230.00 to $240.00 and gave the company an "overweight" rating in a report on Friday. Wolfe Research increased their price target on Amazon.com from $250.00 to $270.00 and gave the stock an "outperform" rating in a research report on Friday, January 3rd. Truist Financial decreased their price objective on shares of Amazon.com from $265.00 to $230.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. Loop Capital raised their price target on shares of Amazon.com from $275.00 to $285.00 and gave the company a "buy" rating in a research note on Wednesday, February 12th. Finally, DA Davidson reduced their price objective on Amazon.com from $280.00 to $230.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Three research analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Amazon.com has an average rating of "Moderate Buy" and a consensus target price of $243.55.

Insider Buying and Selling

In other news, VP Shelley Reynolds sold 8,833 shares of Amazon.com stock in a transaction on Friday, February 21st. The stock was 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 directly owns 119,780 shares of the company's stock, valued at approximately $26,647,456.60. The trade was a 6.87 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the company's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total transaction of $469,975.00. Following the sale, the chief executive officer now directly owns 509,474 shares in the company, valued at approximately $95,776,017.26. The trade was a 0.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 104,798 shares of company stock valued at $23,341,803 over the last quarter. 10.80% of the stock is currently owned by company insiders.

Amazon.com Trading Down 0.1 %

Shares of Amazon.com stock traded down $0.22 on Friday, reaching $189.98. The company had a trading volume of 77,794,995 shares, compared to its average volume of 41,684,289. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $242.52. The firm has a market cap of $2.02 trillion, a price-to-earnings ratio of 34.35, a P/E/G ratio of 1.50 and a beta of 1.39. The firm's 50-day moving average price is $190.48 and its two-hundred day moving average price is $207.77.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.21. The firm had revenue of $155.67 billion during the quarter, compared to the consensus estimate of $154.96 billion. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The firm's quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.98 earnings per share. As a group, research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal 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.