Mattson Financial Services LLC Boosts Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Mattson Financial Services LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 8.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,841 shares of the e-commerce giant's stock after acquiring an additional 3,649 shares during the quarter. Amazon.com comprises approximately 3.2% of Mattson Financial Services LLC's holdings, making the stock its largest holding. Mattson Financial Services LLC's holdings in Amazon.com were worth $10,057,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of AMZN. Tallon Kerry Patrick bought a new position in Amazon.com in the fourth quarter worth $800,000. Capital & Planning LLC raised its stake in shares of Amazon.com by 72.1% in the 4th quarter. Capital & Planning LLC now owns 3,902 shares of the e-commerce giant's stock valued at $856,000 after buying an additional 1,635 shares in the last quarter. LaFleur & Godfrey LLC lifted its holdings 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 worth $10,839,000 after acquiring an additional 860 shares during the period. Mitsubishi UFJ Asset Management UK Ltd. boosted its position in shares of Amazon.com by 38.2% during the 4th quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 43,400 shares of the e-commerce giant's stock valued at $9,522,000 after acquiring an additional 12,000 shares in the last quarter. Finally, Commons Capital LLC raised its position in Amazon.com by 0.6% in the fourth quarter. Commons Capital LLC now owns 29,702 shares of the e-commerce giant's stock worth $6,516,000 after purchasing an additional 184 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of the company's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total value of $469,975.00. Following the transaction, the chief executive officer now directly owns 509,474 shares in the company, valued at $95,776,017.26. The trade was a 0.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Keith Brian Alexander sold 1,000 shares of the stock in a transaction dated Monday, May 12th. The shares were 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 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. In the last ninety days, insiders sold 102,037 shares of company stock worth $20,531,075. Insiders own 9.70% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on AMZN shares. JMP Securities reiterated a "market outperform" rating on shares of Amazon.com in a research note on Tuesday, May 6th. Barclays lowered their price target on Amazon.com from $265.00 to $240.00 and set an "overweight" rating on the stock in a research report on Friday, May 2nd. Citizens Jmp cut their price objective on Amazon.com from $285.00 to $240.00 and set an "outperform" rating for the company in a report on Monday, April 14th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Amazon.com from $287.00 to $206.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, Evercore ISI cut their price target on shares of Amazon.com from $270.00 to $260.00 and set an "outperform" rating for the company in a report on Friday, May 2nd. Four analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $244.89.

Amazon.com Stock Up 1.6%

Shares of NASDAQ:AMZN traded up $3.41 during midday trading on Monday, hitting $216.98. The stock had a trading volume of 38,032,098 shares, compared to its average volume of 42,143,652. The company has a market cap of $2.30 trillion, a P/E ratio of 39.24, a PEG ratio of 1.50 and a beta of 1.33. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52. The business's 50-day simple moving average is $191.84 and its 200-day simple moving average is $208.82. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly 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 firm had revenue of $155.67 billion during the quarter, compared to analysts' expectations of $154.96 billion. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The company's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.98 earnings per share. On average, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.