General Pension Society PZU Joint Stock Co Has $26.54 Million Stake in Amazon.com, Inc. (NASDAQ:AMZN)

General Pension Society PZU Joint Stock Co trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 19.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 139,472 shares of the e-commerce giant's stock after selling 34,699 shares during the quarter. Amazon.com accounts for approximately 8.9% of General Pension Society PZU Joint Stock Co's portfolio, making the stock its 4th largest holding. General Pension Society PZU Joint Stock Co's holdings in Amazon.com were worth $26,536,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Tallon Kerry Patrick bought a new position in Amazon.com during the fourth quarter valued at about $800,000. Capital & Planning LLC boosted its stake in Amazon.com by 72.1% in the fourth quarter. Capital & Planning LLC now owns 3,902 shares of the e-commerce giant's stock valued at $856,000 after acquiring an additional 1,635 shares during the last quarter. LaFleur & Godfrey LLC grew its position in shares of Amazon.com by 1.8% during the 4th quarter. LaFleur & Godfrey LLC now owns 49,407 shares of the e-commerce giant's stock valued at $10,839,000 after acquiring an additional 860 shares during the period. Brighton Jones LLC increased its stake in shares of Amazon.com by 10.9% during the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock worth $885,478,000 after purchasing an additional 397,007 shares during the last quarter. Finally, Cottonwood Capital Advisors LLC raised its holdings in shares of Amazon.com by 11.8% in the 4th quarter. Cottonwood Capital Advisors LLC now owns 9,520 shares of the e-commerce giant's stock worth $2,089,000 after purchasing an additional 1,003 shares during the period. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Down 0.5%

AMZN traded down $1.14 on Friday, hitting $212.10. The company had a trading volume of 29,295,190 shares, compared to its average volume of 42,102,749. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. The stock has a fifty day simple moving average of $194.64 and a 200-day simple moving average of $209.13. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. The firm has a market capitalization of $2.25 trillion, a P/E ratio of 38.35, a P/E/G ratio of 1.50 and a beta of 1.33.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results 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 company had revenue of $155.67 billion during the quarter, compared to analysts' expectations 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 for the quarter was up 8.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.98 EPS. As a group, equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analysts Set New Price Targets

AMZN has been the subject of several research reports. Tigress Financial increased their price objective on Amazon.com from $290.00 to $305.00 and gave the company a "buy" rating in a report on Tuesday, May 6th. Westpark Capital reiterated a "buy" rating and set a $280.00 price target on shares of Amazon.com in a research note on Friday, May 2nd. JMP Securities reissued a "market outperform" rating on shares of Amazon.com in a report on Tuesday, May 6th. Barclays dropped their price objective on shares of Amazon.com from $265.00 to $240.00 and set an "overweight" rating on the stock in a report on Friday, May 2nd. Finally, Wells Fargo & Company reduced their target price on shares of Amazon.com from $207.00 to $203.00 and set an "equal weight" rating for the company in a research note on Tuesday, February 25th. Four investment analysts have rated the stock with a hold rating and forty-four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $244.89.

Insider Buying and Selling at Amazon.com

In other news, CEO Matthew S. Garman sold 20,923 shares of the stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $201.30, for a total value of $4,211,799.90. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total value of $469,975.00. Following the completion of the transaction, the chief executive officer now directly owns 509,474 shares of the company's stock, valued at approximately $95,776,017.26. This represents a 0.49% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 102,037 shares of company stock valued at $20,531,075. Corporate insiders own 9.70% of the company's stock.

Amazon.com 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.