Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Vantage Point Financial LLC

Vantage Point Financial LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 13.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,796 shares of the e-commerce giant's stock after acquiring an additional 1,269 shares during the quarter. Amazon.com makes up approximately 1.0% of Vantage Point Financial LLC's investment portfolio, making the stock its 22nd largest position. Vantage Point Financial LLC's holdings in Amazon.com were worth $2,054,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Momentous Wealth Management Inc. acquired a new position in shares of Amazon.com during the 4th quarter worth approximately $749,000. Segall Bryant & Hamill LLC raised its stake in shares of Amazon.com by 14.3% during the 4th quarter. Segall Bryant & Hamill LLC now owns 317,114 shares of the e-commerce giant's stock worth $69,572,000 after buying an additional 39,696 shares during the period. Bearing Point Capital LLC acquired a new position in shares of Amazon.com during the 4th quarter worth approximately $12,014,000. Evergreen Capital Management LLC raised its stake in shares of Amazon.com by 0.5% during the 4th quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock worth $53,213,000 after buying an additional 1,198 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Amazon.com by 173.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,461,573 shares of the e-commerce giant's stock worth $759,434,000 after buying an additional 2,196,353 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on AMZN shares. Barclays reduced their target price on Amazon.com from $265.00 to $240.00 and set an "overweight" rating for the company in a research note on Friday, May 2nd. Rosenblatt Securities increased their price objective on Amazon.com from $287.00 to $288.00 and gave the company a "buy" rating in a research note on Friday, May 2nd. Stifel Nicolaus reduced their price objective on Amazon.com from $248.00 to $245.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. The Goldman Sachs Group reduced their price objective on Amazon.com from $255.00 to $220.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Finally, Wedbush reissued an "outperform" rating and issued a $235.00 price objective (up from $225.00) on shares of Amazon.com in a research note on Friday, May 2nd. Three analysts have rated the stock with a hold rating, forty-five have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $249.42.

Amazon.com Price Performance

AMZN opened at $225.02 on Monday. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.17. The firm has a market cap of $2.39 trillion, a price-to-earnings ratio of 36.65, a PEG ratio of 1.69 and a beta of 1.33. The stock's 50-day moving average price is $209.90 and its 200 day moving average price is $208.36. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted 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 analyst estimates of $154.96 billion. Amazon.com had a return on equity of 24.14% and a net margin of 10.14%. Amazon.com's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.98 EPS. As a group, sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling

In other news, SVP David Zapolsky sold 13,570 shares of the firm's stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $202.41, for a total transaction of $2,746,703.70. Following the sale, the senior vice president owned 47,030 shares of the company's stock, valued at approximately $9,519,342.30. This trade represents a 22.39% decrease in their position. 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 2,500 shares of the firm's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $220.06, for a total value of $550,150.00. Following the sale, the chief executive officer directly owned 514,550 shares in the company, valued at $113,231,873. This trade represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold 6,886,613 shares of company stock worth $1,531,840,610 over the last 90 days. 10.80% of the stock is currently owned by company 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.

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