1,260 Shares in Amazon.com, Inc. (NASDAQ:AMZN) Acquired by Cultivar Capital Inc.

Cultivar Capital Inc. purchased a new position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,260 shares of the e-commerce giant's stock, valued at approximately $240,000. Amazon.com makes up about 0.2% of Cultivar Capital Inc.'s portfolio, making the stock its 27th biggest holding.

A number of other large investors also recently added to or reduced their stakes in AMZN. Castlekeep Investment Advisors LLC acquired a new position in Amazon.com during the fourth quarter worth $25,000. Prudent Man Investment Management Inc. acquired a new position in Amazon.com during the fourth quarter worth $27,000. LSV Asset Management purchased a new stake in shares of Amazon.com during the fourth quarter worth $35,000. Perritt Capital Management Inc grew its holdings in shares of Amazon.com by 72.7% during the fourth 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, Compass Planning Associates Inc purchased a new stake in shares of Amazon.com during the fourth quarter worth $51,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Trading Up 1.5%

AMZN traded up $3.21 during midday trading on Friday, hitting $223.13. The company's stock had a trading volume of 29,632,353 shares, compared to its average volume of 42,031,611. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.17. The firm has a market cap of $2.37 trillion, a P/E ratio of 36.34, a PEG ratio of 1.68 and a beta of 1.33. The firm has a 50-day moving average price of $206.44 and a two-hundred day moving average price of $208.62. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, beating the consensus estimate 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 quarter in the previous year, the business earned $0.98 EPS. The firm's revenue was up 8.6% on a year-over-year basis. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In other news, insider Jeffrey P. Bezos sold 224,926 shares of the business's stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $223.56, for a total transaction of $50,284,456.56. Following the completion of the sale, the insider owned 905,454,975 shares in the company, valued at approximately $202,423,514,211. The trade was a 0.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the business's stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $201.57, for a total value of $3,577,867.50. Following the sale, the chief financial officer owned 49,000 shares of the company's stock, valued at $9,876,930. The trade was a 26.59% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 3,426,963 shares of company stock worth $757,297,707. Company insiders own 9.70% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on AMZN shares. Oppenheimer upped their target price on shares of Amazon.com from $215.00 to $250.00 and gave the stock an "outperform" rating in a report on Friday, June 20th. Piper Sandler reaffirmed an "overweight" rating and issued a $212.00 target price (down previously from $215.00) on shares of Amazon.com in a research report on Friday, May 2nd. Scotiabank reduced their price target on shares of 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. Evercore ISI reduced their target price on shares of Amazon.com from $270.00 to $260.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. Finally, UBS Group reaffirmed a "buy" rating on shares of Amazon.com in a report on Tuesday, May 6th. Three analysts have rated the stock with a hold rating, forty-five have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $245.60.

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.