Helium Advisors LLC Invests $2.52 Million in Amazon.com, Inc. (NASDAQ:AMZN)

Helium Advisors LLC acquired a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,486 shares of the e-commerce giant's stock, valued at approximately $2,520,000. Amazon.com accounts for approximately 2.0% of Helium Advisors LLC's investment portfolio, making the stock its 10th largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Cable Hill Partners LLC grew its holdings in Amazon.com by 0.5% during the fourth quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant's stock valued at $2,104,000 after purchasing an additional 44 shares during the period. Quattro Financial Advisors LLC boosted its holdings in shares of Amazon.com by 23.8% in 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. Northern Capital Management Inc. boosted its holdings in shares of Amazon.com by 0.6% in the fourth quarter. Northern Capital Management Inc. now owns 7,353 shares of the e-commerce giant's stock worth $1,613,000 after acquiring an additional 45 shares during the period. White Wing Wealth Management boosted its holdings in shares of Amazon.com by 2.4% in the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant's stock worth $433,000 after acquiring an additional 47 shares during the period. Finally, MBM Wealth Consultants LLC boosted its holdings in shares of Amazon.com by 0.6% in the fourth quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant's stock worth $1,889,000 after acquiring an additional 48 shares during the period. 72.20% of the stock is owned by institutional investors.

Amazon.com Trading Up 0.3%

NASDAQ:AMZN traded up $0.68 during mid-day trading on Thursday, reaching $207.91. 51,794,788 shares of the company's stock traded hands, compared to its average volume of 42,029,545. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The firm has a market capitalization of $2.21 trillion, a price-to-earnings ratio of 37.60, a PEG ratio of 1.50 and a beta of 1.33. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. The company has a 50 day moving average price of $191.06 and a 200-day moving average price of $208.60.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.38 by $0.21. The company had revenue of $155.67 billion for 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%. Amazon.com's revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.98 EPS. On average, sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 20,923 shares of Amazon.com stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $201.30, for a total transaction of $4,211,799.90. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $190.67, for a total value of $476,675.00. Following the sale, the chief executive officer now directly owns 506,974 shares in the company, valued at approximately $96,664,732.58. The trade was a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 102,037 shares of company stock valued at $20,531,075. 9.70% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AMZN. Evercore ISI cut their price target on Amazon.com from $270.00 to $260.00 and set an "outperform" rating for the company in a report on Friday, May 2nd. Benchmark reaffirmed a "buy" rating and issued a $260.00 price target on shares of Amazon.com in a report on Friday, May 2nd. The Goldman Sachs Group lowered their price objective on Amazon.com from $255.00 to $220.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Raymond James reiterated an "outperform" rating and issued a $195.00 price objective (down previously from $275.00) on shares of Amazon.com in a research report on Monday, April 21st. Finally, UBS Group reiterated a "buy" rating on shares of Amazon.com in a research report on Tuesday, May 6th. Four equities research analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $244.89.

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.