BW Gestao de Investimentos Ltda. Acquires 24,599 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

BW Gestao de Investimentos Ltda. boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 71.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 59,119 shares of the e-commerce giant's stock after acquiring an additional 24,599 shares during the quarter. Amazon.com comprises about 0.4% of BW Gestao de Investimentos Ltda.'s holdings, making the stock its 25th largest holding. BW Gestao de Investimentos Ltda.'s holdings in Amazon.com were worth $12,970,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Baird Financial Group Inc. boosted its stake in shares of Amazon.com by 4.8% during the 4th quarter. Baird Financial Group Inc. now owns 2,582,158 shares of the e-commerce giant's stock valued at $566,500,000 after buying an additional 118,518 shares during the last quarter. Banque Transatlantique SA bought a new position in Amazon.com during the fourth quarter worth $365,794,000. Banque de Luxembourg S.A. bought a new position in Amazon.com during the fourth quarter worth $10,880,000. Bayesian Capital Management LP bought a new stake in Amazon.com in the fourth quarter valued at $8,666,000. Finally, Benchstone Capital Management LP bought a new stake in Amazon.com in the fourth quarter valued at $48,232,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $190.67, for a total value of $476,675.00. Following the completion of the sale, the chief executive officer now directly owns 506,974 shares in the company, valued at approximately $96,664,732.58. The trade was a 0.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Shelley Reynolds sold 2,695 shares of the business's stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $200.79, for a total value of $541,129.05. Following the completion of the sale, the vice president now owns 119,780 shares of the company's stock, valued at approximately $24,050,626.20. This trade represents a 2.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 99,537 shares of company stock worth $20,018,625. 9.70% of the stock is currently owned by insiders.

Amazon.com Stock Up 2.5%

Shares of Amazon.com stock traded up $5.03 during trading on Tuesday, hitting $206.02. 34,776,251 shares of the stock traded hands, compared to its average volume of 41,992,480. The stock has a market cap of $2.19 trillion, a P/E ratio of 37.25, a PEG ratio of 1.50 and a beta of 1.30. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The company has a fifty day moving average price of $190.38 and a two-hundred day moving average price of $208.73.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted 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 firm had revenue of $155.67 billion during the quarter, compared to analyst estimates of $154.96 billion. During the same period in the previous year, the company earned $0.98 EPS. The company's revenue for the quarter was up 8.6% on a year-over-year basis. Equities research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on AMZN. UBS Group reissued a "buy" rating on shares of Amazon.com in a report on Tuesday, May 6th. Barclays lowered their target price on Amazon.com from $265.00 to $240.00 and set an "overweight" rating on the stock in a report on Friday, May 2nd. Wells Fargo & Company lowered their target price 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. Wedbush reaffirmed an "outperform" rating and set a $235.00 target price (up from $225.00) on shares of Amazon.com in a report on Friday, May 2nd. Finally, Scotiabank lowered their target price on Amazon.com from $306.00 to $250.00 and set a "sector outperform" rating on the stock in a report on Monday, April 21st. Four investment analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company's stock. Based on data from MarketBeat, Amazon.com currently has a consensus rating of "Moderate Buy" and an average target price of $244.09.

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.