Wolf Group Capital Advisors Has $2.96 Million Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Wolf Group Capital Advisors increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 21.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,554 shares of the e-commerce giant's stock after acquiring an additional 2,781 shares during the period. Amazon.com comprises approximately 1.0% of Wolf Group Capital Advisors' investment portfolio, making the stock its 27th largest holding. Wolf Group Capital Advisors' holdings in Amazon.com were worth $2,959,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of AMZN. Momentous Wealth Management Inc. acquired a new position in Amazon.com during the fourth quarter worth approximately $749,000. Segall Bryant & Hamill LLC increased its position in Amazon.com by 14.3% during the fourth 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 last quarter. Bearing Point Capital LLC acquired a new position in Amazon.com during the fourth quarter worth approximately $12,014,000. Evergreen Capital Management LLC increased its position in Amazon.com by 0.5% during the fourth 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 last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in Amazon.com by 173.6% during the fourth 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 last quarter. Institutional investors own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Stifel Nicolaus decreased their target price on Amazon.com from $248.00 to $245.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Royal Bank Of Canada decreased their target price on Amazon.com from $235.00 to $230.00 and set an "outperform" rating on the stock in a research report on Friday, May 2nd. Needham & Company LLC reaffirmed a "buy" rating and issued a $220.00 target price on shares of Amazon.com in a research report on Friday, May 2nd. Moffett Nathanson upped their target price on Amazon.com from $250.00 to $253.00 and gave the company a "buy" rating in a research report on Tuesday, June 24th. Finally, Scotiabank decreased their target price on Amazon.com from $306.00 to $250.00 and set a "sector outperform" rating on the stock in a research report on Monday, April 21st. Three research analysts have rated the stock with a hold rating, forty-five have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Amazon.com has an average rating of "Moderate Buy" and a consensus target price of $245.60.

Insider Buying and Selling

In other news, insider Jeffrey P. Bezos sold 3,100,000 shares of the stock in a transaction on Friday, June 27th. The stock was sold at an average price of $221.42, for a total value of $686,402,000.00. Following the completion of the transaction, the insider directly owned 905,679,901 shares in the company, valued at approximately $200,535,643,679.42. This represents a 0.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Matthew S. Garman sold 20,923 shares of the stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $201.30, for a total value of $4,211,799.90. The disclosure for this sale can be found here. Insiders sold 3,426,963 shares of company stock worth $757,297,707 in the last ninety days. Insiders own 9.70% of the company's stock.

Amazon.com Price Performance

Shares of AMZN traded up $0.06 during trading hours on Monday, reaching $223.47. The stock had a trading volume of 36,547,965 shares, compared to its average volume of 42,009,887. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52. The stock has a market capitalization of $2.37 trillion, a PE ratio of 36.40, a PEG ratio of 1.68 and a beta of 1.33. 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 company's 50-day moving average is $206.44 and its two-hundred day moving average is $208.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, beating analysts' consensus estimates of $1.38 by $0.21. Amazon.com had a return on equity of 24.14% and a net margin of 10.14%. The company had revenue of $155.67 billion during the quarter, compared to analysts' expectations of $154.96 billion. During the same period in the prior year, the company earned $0.98 EPS. Amazon.com's revenue was up 8.6% compared to the same quarter last year. Research analysts expect 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.