Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Boosted by Itau Unibanco Holding S.A.

Itau Unibanco Holding S.A. lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 25.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 365,875 shares of the e-commerce giant's stock after acquiring an additional 75,339 shares during the period. Amazon.com makes up 2.6% of Itau Unibanco Holding S.A.'s portfolio, making the stock its 9th biggest position. Itau Unibanco Holding S.A.'s holdings in Amazon.com were worth $80,624,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in AMZN. Accordant Advisory Group Inc raised its position in shares of Amazon.com by 400.0% during the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after buying an additional 100 shares in the last quarter. Prudent Man Investment Management Inc. bought a new stake in shares of Amazon.com during the 4th quarter worth about $27,000. LSV Asset Management bought a new stake in shares of Amazon.com during the 4th quarter worth about $35,000. Perritt Capital Management Inc raised its position in shares of Amazon.com by 72.7% during the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock worth $42,000 after buying an additional 80 shares in the last quarter. Finally, Quattro Financial Advisors LLC raised its position in shares of Amazon.com by 23.8% during the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock worth $51,000 after buying an additional 45 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Analyst Ratings Changes

Several analysts recently commented on AMZN shares. StockNews.com lowered shares of Amazon.com from a "buy" rating to a "hold" rating in a research note on Monday, May 5th. Raymond James restated an "outperform" rating and issued a $195.00 target price (down from $275.00) on shares of Amazon.com in a report on Monday, April 21st. Canaccord Genuity Group reissued a "buy" rating on shares of Amazon.com in a research note on Thursday, February 13th. Maxim Group upped their price objective on shares of Amazon.com from $260.00 to $280.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $220.00 target price on shares of Amazon.com in a report on Friday, May 2nd. Four equities research analysts have rated the stock with a hold rating and forty-four have given a 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 target price of $244.09.

Insiders Place Their Bets

In related news, Director Keith Brian Alexander sold 1,000 shares of the company's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $210.68, for a total value of $210,680.00. Following the sale, the director now directly owns 5,465 shares in the company, valued at $1,151,366.20. This represents a 15.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the company'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 value of $469,975.00. Following the completion of the sale, the chief executive officer now owns 509,474 shares in the company, valued at $95,776,017.26. The trade was a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 80,081 shares of company stock valued at $17,421,044. 9.70% of the stock is currently owned by corporate insiders.

Amazon.com Trading Down 1.4%

AMZN opened at $201.12 on Thursday. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The company has a 50-day simple moving average of $189.74 and a 200 day simple moving average of $208.74. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $2.14 trillion, a price-to-earnings ratio of 36.37, a P/E/G ratio of 1.50 and a beta of 1.30.

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

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.

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