Graver Capital Management LLC Acquires New Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Graver Capital Management LLC acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,625 shares of the e-commerce giant's stock, valued at approximately $357,000. Amazon.com comprises 0.4% of Graver Capital Management LLC's investment portfolio, making the stock its 19th biggest position.

Other large investors have also recently added to or reduced their stakes in the company. Castlekeep Investment Advisors LLC acquired a new stake in Amazon.com in the fourth quarter worth $25,000. Accordant Advisory Group Inc increased its position in Amazon.com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after buying an additional 100 shares during the period. Prudent Man Investment Management Inc. acquired a new stake in Amazon.com in the fourth quarter worth $27,000. LSV Asset Management acquired a new stake in Amazon.com in the fourth quarter worth $35,000. Finally, Perritt Capital Management Inc increased 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 valued at $42,000 after purchasing an additional 80 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Stock Down 0.4%

Shares of AMZN traded down $0.73 during midday trading on Friday, reaching $204.97. 5,436,289 shares of the stock were exchanged, compared to its average volume of 41,856,818. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The firm has a 50 day simple moving average of $190.60 and a 200-day simple moving average of $208.70. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The company has a market cap of $2.18 trillion, a price-to-earnings ratio of 37.06, a P/E/G ratio of 1.50 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, topping analysts' consensus estimates of $1.38 by $0.21. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The company had revenue of $155.67 billion during the quarter, compared to the consensus estimate of $154.96 billion. During the same period last year, the business earned $0.98 EPS. The business's quarterly revenue was up 8.6% on a year-over-year basis. Research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Transactions at Amazon.com

In related news, VP Shelley Reynolds sold 2,695 shares of the firm'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 transaction, the vice president now directly 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Matthew S. Garman sold 20,923 shares of the firm's stock in a transaction that occurred on Wednesday, May 21st. The shares were 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. Insiders sold 99,537 shares of company stock valued at $20,018,625 in the last three months. Corporate insiders own 9.70% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on AMZN shares. Citigroup reissued an "outperform" rating on shares of Amazon.com in a report on Friday, May 2nd. Deutsche Bank Aktiengesellschaft lowered their price target on Amazon.com from $287.00 to $206.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Mizuho lowered their price target on Amazon.com from $285.00 to $255.00 and set an "outperform" rating on the stock in a report on Wednesday, April 9th. Phillip Securities lowered Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a report on Monday, February 10th. Finally, Canaccord Genuity Group reaffirmed a "buy" rating on shares of Amazon.com in a report on Thursday, February 13th. Four analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $244.09.

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.