Amazon.com, Inc. (NASDAQ:AMZN) Position Increased by FACT Capital LP

FACT Capital LP lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 161.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 152,473 shares of the e-commerce giant's stock after acquiring an additional 94,044 shares during the period. Amazon.com makes up about 13.3% of FACT Capital LP's portfolio, making the stock its largest holding. FACT Capital LP's holdings in Amazon.com were worth $33,451,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in AMZN. Castlekeep Investment Advisors LLC bought a new position in shares of Amazon.com in the fourth quarter worth about $25,000. Accordant Advisory Group Inc grew its holdings 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 valued at $27,000 after purchasing an additional 100 shares during the last quarter. Prudent Man Investment Management Inc. acquired a new position in Amazon.com during the 4th quarter worth approximately $27,000. LSV Asset Management bought a new position in Amazon.com in the 4th quarter valued at approximately $35,000. Finally, Perritt Capital Management Inc boosted its position in Amazon.com by 72.7% in the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock valued at $42,000 after buying an additional 80 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Performance

Shares of AMZN stock traded up $0.98 during trading on Thursday, hitting $205.70. The company's stock had a trading volume of 34,630,040 shares, compared to its average volume of 41,998,938. 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 company has a market cap of $2.18 trillion, a PE ratio of 37.20, a P/E/G ratio of 1.50 and a beta of 1.30. The business has a fifty day moving average of $190.60 and a 200-day moving average of $208.70. 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 announced its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.98 EPS. As a group, research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on AMZN shares. Citigroup reiterated an "outperform" rating on shares of Amazon.com in a report on Friday, May 2nd. Wedbush restated an "outperform" rating and set a $235.00 price objective (up previously from $225.00) on shares of Amazon.com in a research report on Friday, May 2nd. Needham & Company LLC reiterated a "buy" rating and issued a $220.00 target price on shares of Amazon.com in a research report on Friday, May 2nd. JPMorgan Chase & Co. upped their price objective on Amazon.com from $220.00 to $225.00 and gave the company an "overweight" rating in a research note on Friday, May 2nd. Finally, BNP Paribas upgraded shares of Amazon.com to a "hold" rating in a report on Wednesday, April 30th. Four investment analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $244.09.

Insider Buying and Selling

In other news, CEO Matthew S. Garman sold 20,923 shares of the stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $201.30, for a total transaction of $4,211,799.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP David Zapolsky sold 13,570 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $202.41, for a total transaction of $2,746,703.70. Following the sale, the senior vice president now owns 47,030 shares of the company's stock, valued at approximately $9,519,342.30. The trade was a 22.39% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 99,537 shares of company stock worth $20,018,625. Insiders own 9.70% of the company's stock.

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.