Amazon.com, Inc. (NASDAQ:AMZN) Stock Position Raised by Kozak & Associates Inc.

Kozak & Associates Inc. boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 85,488 shares of the e-commerce giant's stock after purchasing an additional 1,752 shares during the quarter. Amazon.com makes up 3.9% of Kozak & Associates Inc.'s portfolio, making the stock its 11th biggest holding. Kozak & Associates Inc.'s holdings in Amazon.com were worth $15,569,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Amazon.com during the fourth quarter worth approximately $27,266,582,000. GAMMA Investing LLC increased its stake in Amazon.com by 21,420.5% during the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock worth $5,754,425,000 after acquiring an additional 30,104,520 shares during the last quarter. Capital World Investors raised its holdings in shares of Amazon.com by 36.8% in the 4th quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant's stock worth $14,416,078,000 after purchasing an additional 17,681,004 shares during the period. Vanguard Group Inc. raised its holdings in shares of Amazon.com by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock worth $180,637,081,000 after purchasing an additional 17,635,391 shares during the period. Finally, Proficio Capital Partners LLC lifted its stake in shares of Amazon.com by 17,054.5% in the 4th quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant's stock valued at $2,652,116,000 after purchasing an additional 12,018,120 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Amazon.com

In other news, CEO Matthew S. Garman sold 20,923 shares of the firm's 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Keith Brian Alexander sold 1,000 shares of the company's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $210.68, for a total value of $210,680.00. Following the transaction, the director now directly owns 5,465 shares in the company, valued at $1,151,366.20. The trade was a 15.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 102,037 shares of company stock valued at $20,531,075. 9.70% of the stock is currently owned by corporate insiders.

Amazon.com Price Performance

Shares of AMZN traded up $6.18 during mid-day trading on Friday, hitting $223.30. The company's stock had a trading volume of 119,087,933 shares, compared to its average volume of 42,161,408. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.05 and a quick ratio of 0.84. The stock has a market capitalization of $2.37 trillion, a price-to-earnings ratio of 36.37, a PEG ratio of 1.64 and a beta of 1.33. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The firm has a 50-day moving average price of $201.25 and a 200 day moving average price of $209.02.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data 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. The business had revenue of $155.67 billion during the quarter, compared to analyst estimates of $154.96 billion. Amazon.com had a return on equity of 24.14% and a net margin of 10.14%. The company's revenue was up 8.6% compared to the same quarter last year. During the same period last year, the company posted $0.98 EPS. On average, research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on AMZN shares. Wedbush reiterated an "outperform" rating and set a $235.00 target price (up previously from $225.00) on shares of Amazon.com in a report on Friday, May 2nd. Piper Sandler reiterated an "overweight" rating and set a $212.00 price objective (down from $215.00) on shares of Amazon.com in a research note on Friday, May 2nd. Stifel Nicolaus dropped their price objective on shares of Amazon.com from $248.00 to $245.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. Citizens Jmp reduced their target price on shares of Amazon.com from $285.00 to $240.00 and set an "outperform" rating on the stock in a report on Monday, April 14th. Finally, Rosenblatt Securities increased their price target on Amazon.com from $287.00 to $288.00 and gave the company a "buy" rating in a report on Friday, May 2nd. Four investment analysts have rated the stock with a hold rating and forty-five have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $245.81.

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.