Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Decreased by Marathon Asset Management Ltd

Marathon Asset Management Ltd decreased its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 591,042 shares of the e-commerce giant's stock after selling 6,702 shares during the quarter. Amazon.com accounts for approximately 3.4% of Marathon Asset Management Ltd's holdings, making the stock its 3rd biggest position. Marathon Asset Management Ltd's holdings in Amazon.com were worth $112,230,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Amazon.com by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock worth $180,637,081,000 after acquiring an additional 17,635,391 shares in the last quarter. FMR LLC boosted its stake in Amazon.com by 0.5% in the 4th quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock worth $72,061,766,000 after purchasing an additional 1,725,664 shares during the period. Geode Capital Management LLC boosted its stake in Amazon.com by 2.5% in 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 purchasing an additional 5,015,380 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Amazon.com by 2.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 182,813,905 shares of the e-commerce giant's stock worth $40,107,544,000 after purchasing an additional 4,087,933 shares during the period. Finally, Norges Bank bought a new position in Amazon.com in the 4th quarter worth approximately $27,266,582,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on AMZN shares. Morgan Stanley upped their price target on Amazon.com from $250.00 to $300.00 and gave the stock an "overweight" rating in a research note on Thursday, July 10th. Barclays lowered their target price on Amazon.com from $265.00 to $240.00 and set an "overweight" rating for the company in a research report on Friday, May 2nd. Royal Bank Of Canada lowered their target price on Amazon.com from $235.00 to $230.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Scotiabank increased their target price on Amazon.com from $250.00 to $275.00 and gave the company a "sector outperform" rating in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Amazon.com from $230.00 to $266.00 in a research report on Tuesday. Three equities research analysts have rated the stock with a hold rating, forty-five have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, Amazon.com has a consensus rating of "Moderate Buy" and an average price target of $254.33.

Insider Transactions at Amazon.com

In related news, insider Jeffrey P. Bezos sold 2,339,470 shares of the firm's stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $229.39, for a total transaction of $536,651,023.30. Following the transaction, the insider owned 887,933,999 shares in the company, valued at $203,683,180,030.61. This trade represents a 0.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $220.06, for a total value of $550,150.00. Following the transaction, the chief executive officer directly owned 514,550 shares in the company, valued at approximately $113,231,873. This trade represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 20,947,939 shares of company stock worth $4,720,588,785 in the last ninety days. 9.70% of the stock is owned by corporate insiders.

Amazon.com Trading Down 0.2%

Shares of Amazon.com stock traded down $0.54 during trading hours on Friday, hitting $231.69. The company's stock had a trading volume of 4,195,002 shares, compared to its average volume of 43,980,141. The firm has a fifty day moving average of $215.14 and a 200-day moving average of $208.84. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.84 and a current ratio of 1.05. The stock has a market cap of $2.46 trillion, a price-to-earnings ratio of 37.74, a P/E/G ratio of 1.70 and a beta of 1.33.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.21. Amazon.com had a return on equity of 24.14% and a net margin of 10.14%. The firm had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. During the same quarter in the prior year, the company earned $0.98 EPS. Amazon.com's revenue was up 8.6% on a year-over-year basis. Research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current 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.