Amazon.com, Inc. (NASDAQ:AMZN) Holdings Raised by Nisa Investment Advisors LLC

Key Points

• Nisa Investment Advisors LLC increased its stake in Amazon.com by 1.2%, owning nearly 2 million shares valued at approximately $379 million, making it the firm's 5th largest holding.
• Amazon reported a quarterly earnings per share of $1.68, surpassing analysts' expectations of $1.31, with revenue of $167.7 billion reflecting a 13.3% increase compared to the same quarter last year.
• Institutional investors and hedge funds collectively hold 72.20% of Amazon's stock, with various firms making recent adjustments to their positions.

Nisa Investment Advisors LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.2% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 1,993,541 shares of the e-commerce giant's stock after buying an additional 23,758 shares during the period. Amazon.com makes up about 1.9% of Nisa Investment Advisors LLC's investment portfolio, making the stock its 5th largest position. Nisa Investment Advisors LLC's holdings in Amazon.com were worth $379,291,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Amazon.com by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock valued at $180,637,081,000 after purchasing an additional 17,635,391 shares in the last quarter. FMR LLC grew its stake in Amazon.com by 0.5% during the 4th quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock valued at $72,061,766,000 after acquiring an additional 1,725,664 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of 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 valued at $44,837,256,000 after buying an additional 5,015,380 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Amazon.com by 2.3% in the fourth 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 buying an additional 4,087,933 shares during the last quarter. Finally, Norges Bank bought a new position in Amazon.com during the fourth quarter valued at about $27,266,582,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction on Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the completion of the sale, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold 25,102,037 shares of company stock valued at $5,674,937,048 over the last 90 days. 10.80% of the stock is currently owned by insiders.

Amazon.com Trading Up 3.9%

Shares of Amazon.com stock traded up $8.44 on Wednesday, hitting $222.19. 54,656,017 shares of the company traded hands, compared to its average volume of 45,179,059. The company has a market cap of $2.37 trillion, a PE ratio of 33.87, a PEG ratio of 1.45 and a beta of 1.31. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The stock's 50 day moving average price is $218.57 and its 200-day moving average price is $208.96.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%. The firm had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same period in the previous year, the company posted $1.26 EPS. The business's revenue for the quarter was up 13.3% compared to the same quarter last year. Equities research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

A number of brokerages 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. Monness Crespi & Hardt lifted their target price on shares of Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Benchmark reiterated a "buy" rating and set a $260.00 price objective on shares of Amazon.com in a research note on Friday, May 2nd. Deutsche Bank Aktiengesellschaft raised their price target on Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. Finally, Tigress Financial raised their target price on Amazon.com from $290.00 to $305.00 and gave the stock a "buy" rating in a report on Tuesday, May 6th. One investment analyst has rated the stock with a hold rating, forty-seven have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Amazon.com currently has a consensus rating of "Buy" and an average price target of $262.45.

About Amazon.com

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.