Caxton Associates LP Buys 891,401 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Caxton Associates LP grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 58.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,425,184 shares of the e-commerce giant's stock after buying an additional 891,401 shares during the period. Amazon.com accounts for approximately 16.7% of Caxton Associates LP's portfolio, making the stock its 2nd largest holding. Caxton Associates LP's holdings in Amazon.com were worth $532,061,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Regent Peak Wealth Advisors LLC increased its holdings in shares of Amazon.com by 0.7% in the fourth quarter. Regent Peak Wealth Advisors LLC now owns 45,153 shares of the e-commerce giant's stock worth $9,906,000 after buying an additional 318 shares during the period. RMR Wealth Builders lifted its position in Amazon.com by 2.5% in the fourth quarter. RMR Wealth Builders now owns 70,423 shares of the e-commerce giant's stock valued at $15,450,000 after purchasing an additional 1,690 shares during the last quarter. JCIC Asset Management Inc. grew its holdings in shares of Amazon.com by 1.0% in the fourth quarter. JCIC Asset Management Inc. now owns 79,557 shares of the e-commerce giant's stock worth $17,454,000 after purchasing an additional 754 shares during the last quarter. Fulcrum Capital LLC raised its position in Amazon.com by 1.1% during the 4th quarter. Fulcrum Capital LLC now owns 101,212 shares of the e-commerce giant's stock valued at $22,205,000 after purchasing an additional 1,055 shares during the last quarter. Finally, Enterprise Bank & Trust Co grew its position in shares of Amazon.com by 2.1% in the 4th quarter. Enterprise Bank & Trust Co now owns 44,690 shares of the e-commerce giant's stock worth $9,805,000 after buying an additional 927 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Trading Up 1.8%

AMZN stock traded up $3.54 during midday trading on Tuesday, hitting $204.53. The stock had a trading volume of 6,249,146 shares, compared to its average volume of 41,886,415. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The company's 50-day moving average price is $190.16 and its 200 day moving average price is $208.75. 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 firm has a market cap of $2.17 trillion, a PE ratio of 37.06, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30.

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

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on AMZN. Citigroup reissued an "outperform" rating on shares of Amazon.com in a research report on Friday, May 2nd. Morgan Stanley lowered their price target on Amazon.com from $280.00 to $245.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Evercore ISI dropped their price target on Amazon.com from $270.00 to $260.00 and set an "outperform" rating on the stock in a research note on Friday, May 2nd. Cantor Fitzgerald upped their price objective on Amazon.com from $230.00 to $240.00 and gave the company an "overweight" rating in a research report on Friday, May 2nd. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Amazon.com from $287.00 to $206.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Four analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $244.09.

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of the firm'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 transaction, the chief executive officer now owns 509,474 shares of the company's stock, valued at approximately $95,776,017.26. This trade represents a 0.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Keith Brian Alexander sold 1,000 shares of the business's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $210.68, for a total transaction of $210,680.00. Following the completion of the sale, the director now owns 5,465 shares of the company's stock, valued at $1,151,366.20. The trade was a 15.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 99,537 shares of company stock worth $20,018,625 over the last quarter. 9.70% of the stock is owned by corporate insiders.

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.