5,371 Shares in Amazon.com, Inc. (NASDAQ:AMZN) Purchased by Breakthru Advisory Services LLC

Breakthru Advisory Services LLC purchased a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 5,371 shares of the e-commerce giant's stock, valued at approximately $1,178,000. Amazon.com comprises approximately 1.1% of Breakthru Advisory Services LLC's holdings, making the stock its 16th biggest position.

Other institutional investors have also made changes to their positions in the company. Castlekeep Investment Advisors LLC bought a new position in shares of Amazon.com in the 4th quarter valued at approximately $25,000. Accordant Advisory Group Inc raised its stake in shares of Amazon.com by 400.0% in the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock valued at $27,000 after acquiring an additional 100 shares in the last quarter. Prudent Man Investment Management Inc. bought a new position in shares of Amazon.com in the 4th quarter valued at approximately $27,000. LSV Asset Management bought a new position in shares of Amazon.com in the 4th quarter valued at approximately $35,000. Finally, Perritt Capital Management Inc raised its stake in shares of Amazon.com by 72.7% in the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock valued at $42,000 after acquiring an additional 80 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In other Amazon.com news, Director Keith Brian Alexander sold 1,000 shares of the stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $210.68, for a total value of $210,680.00. Following the completion of 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 Securities & Exchange Commission, which is available through the SEC website. Also, CEO Matthew S. Garman sold 20,923 shares of the stock in a transaction dated Wednesday, May 21st. The stock was 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. Over the last quarter, insiders sold 102,037 shares of company stock worth $20,531,075. 9.70% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have commented on AMZN shares. UBS Group reaffirmed a "buy" rating on shares of Amazon.com in a research report on Tuesday, May 6th. Westpark Capital reissued a "buy" rating and set a $280.00 price objective on shares of Amazon.com in a report on Friday, May 2nd. Wedbush reissued an "outperform" rating and set a $235.00 price objective (up previously from $225.00) on shares of Amazon.com in a report on Friday, May 2nd. The Goldman Sachs Group decreased their price objective on Amazon.com from $255.00 to $220.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Finally, Wells Fargo & Company decreased their price objective on Amazon.com from $207.00 to $203.00 and set an "equal weight" rating on the stock in a report on Tuesday, February 25th. Four equities research analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the stock. According to data from MarketBeat.com, Amazon.com has an average rating of "Moderate Buy" and a consensus target price of $244.89.

Amazon.com Trading Up 0.3%

Shares of AMZN traded up $0.68 during trading hours on Thursday, hitting $207.91. 51,794,788 shares of the stock traded hands, compared to its average volume of 42,029,545. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52. The firm has a market capitalization of $2.21 trillion, a PE ratio of 37.60, a price-to-earnings-growth ratio of 1.50 and a beta of 1.33. The business has a fifty day moving average of $191.06 and a 200-day moving average of $208.60.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data 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. The business 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 firm's revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.98 earnings per share. 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.