28,248 Shares in Amazon.com, Inc. (NASDAQ:AMZN) Bought by Boston Partners

Boston Partners bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 28,248 shares of the e-commerce giant's stock, valued at approximately $6,197,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMZN. Accordant Advisory Group Inc grew its stake in shares of Amazon.com by 400.0% during the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock valued at $27,000 after buying an additional 100 shares during the period. Compass Planning Associates Inc acquired a new position in shares of Amazon.com during the 4th quarter valued at $51,000. Quattro Financial Advisors LLC lifted its holdings in shares of Amazon.com by 23.8% during the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock valued at $51,000 after acquiring an additional 45 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in shares of Amazon.com during the 4th quarter valued at $54,000. Finally, Iron Horse Wealth Management LLC lifted its holdings in shares of Amazon.com by 64.4% during the 4th quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant's stock valued at $63,000 after acquiring an additional 112 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Analyst Ratings Changes

A number of brokerages have commented on AMZN. Royal Bank of Canada boosted their price objective on shares of Amazon.com from $255.00 to $265.00 and gave the stock an "outperform" rating in a report on Friday, February 7th. JPMorgan Chase & Co. cut their target price on shares of Amazon.com from $270.00 to $220.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. JMP Securities cut their target price on shares of Amazon.com from $285.00 to $240.00 and set a "market outperform" rating on the stock in a research note on Monday, April 14th. Westpark Capital started coverage on shares of Amazon.com in a research note on Tuesday, April 1st. They issued a "buy" rating and a $280.00 target price on the stock. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $250.00 price objective on shares of Amazon.com in a research report on Friday, February 7th. Two research analysts have rated the stock with a hold rating and forty-five have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $248.13.

Insider Activity at Amazon.com

In other news, VP Shelley Reynolds sold 8,833 shares of the business's stock in a transaction that occurred on Friday, February 21st. The shares were 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 of the company's stock, valued at $26,647,456.60. The trade was a 6.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the company's stock in a transaction that occurred on Tuesday, April 1st. The shares were 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 of the company's stock, valued at approximately $95,776,017.26. This represents a 0.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 104,798 shares of company stock worth $23,341,803 over the last quarter. 10.80% of the stock is owned by corporate insiders.

Amazon.com Price Performance

Shares of NASDAQ AMZN traded up $11.87 during midday trading on Wednesday, hitting $185.05. 19,698,765 shares of the company's stock were exchanged, compared to its average volume of 41,749,674. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The company has a market cap of $1.96 trillion, a price-to-earnings ratio of 33.46, a PEG ratio of 1.50 and a beta of 1.39. The business's fifty day moving average price is $196.07 and its two-hundred day moving average price is $207.85.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate 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, research analysts forecast that Amazon.com, Inc. will post 6.31 EPS 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.