Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Lifted by Crestline Management LP

Crestline Management LP raised its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 559.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 247,251 shares of the e-commerce giant's stock after purchasing an additional 209,763 shares during the quarter. Amazon.com accounts for 1.8% of Crestline Management LP's investment portfolio, making the stock its 5th biggest holding. Crestline Management LP's holdings in Amazon.com were worth $54,244,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Capitolis Liquid Global Markets LLC grew its stake in shares of Amazon.com by 13.3% in the 4th quarter. Capitolis Liquid Global Markets LLC now owns 2,127,300 shares of the e-commerce giant's stock valued at $466,708,000 after purchasing an additional 250,000 shares during the last quarter. Castle Hook Partners LP purchased a new position in shares of Amazon.com in the 4th quarter valued at approximately $259,851,000. Cercano Management LLC grew its stake in shares of Amazon.com by 5.0% in the 4th quarter. Cercano Management LLC now owns 705,129 shares of the e-commerce giant's stock valued at $154,698,000 after purchasing an additional 33,518 shares during the last quarter. BOKF NA grew its stake in shares of Amazon.com by 0.7% in the 4th quarter. BOKF NA now owns 489,650 shares of the e-commerce giant's stock valued at $107,204,000 after purchasing an additional 3,334 shares during the last quarter. Finally, Bosun Asset Management LLC grew its stake in shares of Amazon.com by 12.5% in the 4th quarter. Bosun Asset Management LLC now owns 16,337 shares of the e-commerce giant's stock valued at $3,584,000 after purchasing an additional 1,814 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

Amazon.com stock opened at $200.99 on Friday. The stock has a fifty day moving average price of $190.05 and a 200 day moving average price of $208.81. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $2.13 trillion, a P/E ratio of 36.35, a PEG 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 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.21. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The company had revenue of $155.67 billion during the quarter, compared to the consensus estimate of $154.96 billion. During the same quarter in the prior year, the business earned $0.98 earnings per share. The company's revenue was up 8.6% compared to the same quarter last year. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

AMZN has been the topic of a number of analyst reports. The Goldman Sachs Group decreased their price target on Amazon.com from $255.00 to $220.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Piper Sandler restated an "overweight" rating and issued a $212.00 price target (down from $215.00) on shares of Amazon.com in a research note on Friday, May 2nd. Telsey Advisory Group restated an "outperform" rating and issued a $235.00 price target on shares of Amazon.com in a research note on Friday, May 2nd. Wells Fargo & Company decreased their price target on Amazon.com from $207.00 to $203.00 and set an "equal weight" rating on the stock in a research note on Tuesday, February 25th. Finally, JMP Securities restated a "market outperform" rating on shares of Amazon.com in a research note on Tuesday, May 6th. Four research analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company. According to data from MarketBeat.com, Amazon.com has an average rating of "Moderate Buy" and an average price target of $244.09.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 19,212 shares of the company's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $217.50, for a total transaction of $4,178,610.00. Following the sale, the senior vice president now owns 49,950 shares in the company, valued at $10,864,125. This represents a 27.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Keith Brian Alexander sold 1,000 shares of the company's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $210.68, for a total value of $210,680.00. Following the sale, the director now owns 5,465 shares in the company, valued at $1,151,366.20. The trade was a 15.47% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 118,749 shares of company stock worth $24,197,235 over the last quarter. 9.70% of the stock is owned by corporate insiders.

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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