Capital International Ltd. CA Purchases 64,949 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Capital International Ltd. CA raised its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 33.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 261,128 shares of the e-commerce giant's stock after buying an additional 64,949 shares during the quarter. Amazon.com accounts for 2.3% of Capital International Ltd. CA's holdings, making the stock its 7th biggest holding. Capital International Ltd. CA's holdings in Amazon.com were worth $57,289,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Prudent Man Investment Management Inc. acquired a new stake in shares of Amazon.com in the 4th quarter valued at approximately $27,000. Accordant Advisory Group Inc lifted 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 worth $27,000 after purchasing an additional 100 shares during the period. LSV Asset Management acquired a new stake in shares of Amazon.com during the 4th quarter worth approximately $35,000. Perritt Capital Management Inc increased its position in Amazon.com by 72.7% in the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock valued at $42,000 after buying an additional 80 shares in the last quarter. Finally, Compass Planning Associates Inc bought a new position in shares of Amazon.com in the fourth quarter valued at $51,000. Institutional investors own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In related news, VP Shelley Reynolds sold 8,833 shares of the stock in a transaction 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 sale, the vice president now directly owns 119,780 shares in the company, valued at approximately $26,647,456.60. This trade represents a 6.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 5,501 shares of Amazon.com stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $228.44, for a total value of $1,256,648.44. Following the sale, the chief executive officer now owns 505,318 shares of the company's stock, valued at approximately $115,434,843.92. This represents a 1.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 80,798 shares of company stock valued at $17,696,733 over the last three months. Company insiders own 9.70% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Wedbush reissued an "outperform" rating and set a $235.00 target price (up previously from $225.00) on shares of Amazon.com in a research report on Friday, May 2nd. Mizuho cut their target price on Amazon.com from $285.00 to $255.00 and set an "outperform" rating for the company in a research note on Wednesday, April 9th. Scotiabank lowered their price objective on Amazon.com from $306.00 to $250.00 and set a "sector outperform" rating on the stock in a research report on Monday, April 21st. DA Davidson decreased their price target on shares of Amazon.com from $280.00 to $230.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, Westpark Capital reissued a "buy" rating and set a $280.00 price target on shares of Amazon.com in a research note on Friday, May 2nd. Four equities research 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 currently has a consensus rating of "Moderate Buy" and an average target price of $244.09.

Amazon.com Stock Performance

Amazon.com stock traded down $5.08 during mid-day trading on Thursday, hitting $205.17. 64,245,647 shares of the company's stock traded hands, compared to its average volume of 42,068,987. The company has a market cap of $2.18 trillion, a PE ratio of 37.10, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30. The firm has a 50 day moving average price of $188.94 and a 200 day moving average price of $208.28. Amazon.com, Inc. has a one year low of $151.61 and a one year 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.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, topping the consensus estimate of $1.38 by $0.21. The firm had revenue of $155.67 billion for the quarter, compared to analysts' expectations of $154.96 billion. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. Amazon.com's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.98 earnings per share. On average, equities analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Amazon.com 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.