Matauro LLC Purchases 1,309 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Matauro LLC lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 22.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,077 shares of the e-commerce giant's stock after acquiring an additional 1,309 shares during the period. Matauro LLC's holdings in Amazon.com were worth $1,347,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Cable Hill Partners LLC raised its holdings in Amazon.com by 0.5% during the fourth quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant's stock valued at $2,104,000 after acquiring an additional 44 shares during the period. Northern Capital Management Inc. raised its holdings in Amazon.com by 0.6% during the fourth quarter. Northern Capital Management Inc. now owns 7,353 shares of the e-commerce giant's stock valued at $1,613,000 after acquiring an additional 45 shares during the period. White Wing Wealth Management raised its holdings in Amazon.com by 2.4% during the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant's stock valued at $433,000 after acquiring an additional 47 shares during the period. Balanced Wealth Group LLC raised its holdings in Amazon.com by 1.6% during the fourth quarter. Balanced Wealth Group LLC now owns 2,966 shares of the e-commerce giant's stock valued at $705,000 after acquiring an additional 48 shares during the period. Finally, ETF Store Inc. raised its holdings in Amazon.com by 2.1% during the fourth quarter. ETF Store Inc. now owns 2,378 shares of the e-commerce giant's stock valued at $522,000 after acquiring an additional 48 shares during the period. Institutional investors own 72.20% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on AMZN shares. Westpark Capital reaffirmed a "buy" rating and issued a $280.00 target price on shares of Amazon.com in a report on Friday, May 2nd. The Goldman Sachs Group reduced their target price on Amazon.com from $255.00 to $220.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. UBS Group reaffirmed a "buy" rating on shares of Amazon.com in a report on Tuesday, May 6th. BNP Paribas raised Amazon.com from a "hold" rating to a "strong-buy" rating in a report on Friday. Finally, Raymond James Financial reaffirmed an "outperform" rating and issued a $195.00 target price (down from $275.00) on shares of Amazon.com in a report on Monday, April 21st. Three research analysts have rated the stock with a hold rating, forty-five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $245.81.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $190.67, for a total value of $476,675.00. Following the completion of the transaction, the chief executive officer now owns 506,974 shares of the company's stock, valued at $96,664,732.58. The trade was a 0.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Keith Brian Alexander sold 1,000 shares of the business's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $210.68, for a total transaction of $210,680.00. Following the completion of the transaction, the director now directly owns 5,465 shares of the company's stock, valued at $1,151,366.20. This trade represents a 15.47% decrease in their position. The disclosure for this sale can be found here. Insiders sold 102,037 shares of company stock valued at $20,531,075 over the last 90 days. Corporate insiders own 10.80% of the company's stock.

Amazon.com Stock Performance

Amazon.com stock opened at $223.30 on Monday. The company has a 50 day moving average price of $202.26 and a 200-day moving average price of $208.72. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.84 and a current ratio of 1.05. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The company has a market capitalization of $2.37 trillion, a PE ratio of 36.37, a P/E/G ratio of 1.68 and a beta of 1.34.

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, beating the consensus estimate of $1.38 by $0.21. Amazon.com had a net margin of 10.14% and a return on equity of 24.14%. The firm had revenue of $155.67 billion during the quarter, compared to the consensus estimate of $154.96 billion. During the same quarter in the previous year, the firm posted $0.98 earnings per share. The company's revenue was up 8.6% on a year-over-year basis. As a group, equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share 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.

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