LRT Capital Management LLC Invests $389,000 in Amazon.com, Inc. (NASDAQ:AMZN)

LRT Capital Management LLC acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,771 shares of the e-commerce giant's stock, valued at approximately $389,000.

A number of other large investors also recently bought and sold shares of the business. Castlekeep Investment Advisors LLC purchased a new stake in shares of Amazon.com during the fourth quarter valued at about $25,000. Accordant Advisory Group Inc raised its position in shares of Amazon.com by 400.0% in 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. purchased a new position in shares of Amazon.com in the 4th quarter valued at approximately $27,000. LSV Asset Management purchased a new position in shares of Amazon.com in the 4th quarter valued at approximately $35,000. Finally, Perritt Capital Management Inc raised its position in shares of Amazon.com by 72.7% in the 4th 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 last quarter. Institutional investors own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In related news, SVP David Zapolsky sold 13,570 shares of the firm's stock in a transaction dated 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 completion of the sale, the senior vice president now directly owns 47,030 shares of the company's stock, valued at approximately $9,519,342.30. This trade represents a 22.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the firm's 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 sale, the chief executive officer now directly owns 509,474 shares of the company's stock, valued at $95,776,017.26. The trade was a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 99,537 shares of company stock worth $20,018,625 in the last quarter. Company insiders own 9.70% of the company's stock.

Analyst Ratings Changes

Several brokerages recently commented on AMZN. Wedbush reaffirmed an "outperform" rating and issued a $235.00 price objective (up from $225.00) on shares of Amazon.com in a research report on Friday, May 2nd. The Goldman Sachs Group decreased their price objective on shares of Amazon.com from $255.00 to $220.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. UBS Group reaffirmed a "buy" rating on shares of Amazon.com in a research report on Tuesday, May 6th. Morgan Stanley decreased their price objective on shares of Amazon.com from $280.00 to $245.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. Finally, Citizens Jmp decreased their price objective on shares of Amazon.com from $285.00 to $240.00 and set an "outperform" rating for the company in a research report on Monday, April 14th. Four investment analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $244.09.

Amazon.com Trading Up 0.5%

Shares of NASDAQ AMZN traded up $0.98 during trading on Thursday, hitting $205.70. 34,630,040 shares of the company were exchanged, compared to its average volume of 41,958,975. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. The company has a fifty day moving average price of $190.55 and a 200-day moving average price of $208.71. The firm has a market capitalization of $2.18 trillion, a PE ratio of 37.20, 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 EPS for the quarter, topping the consensus estimate of $1.38 by $0.21. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The business had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. During the same quarter in the previous year, the firm earned $0.98 EPS. The company's quarterly revenue was up 8.6% compared to the same quarter last year. As a group, equities research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.